ccg

Thanks for reply CCG,

 

so basicly its price depends on price of gold and keeping it or selling its like gambling on a stock market?

Yes to both parts of the question.

But being that it was a gift, I'd say why not keep it as a memento unless you really need the money?

Hello and welcome!

The 1900 (no mintmark / Philadephia issue) US$20 coin is one of the most common dates of its series.

Your piece looks to be near mint. It's got just under an ounce of pure gold in it, and it generally trades for close to the value of the gold in it - I would guess *retail* value would probably be "spot" (scrap gold value) +10%, give or take.

Very interesting! How did you first come across this?

Welcome!

Hi!

It's a neat serial number, but being in pretty rough shape, I'd probably take a guess that retail value might be around $20 or so as a novelty.

Hi! It looks like it was struck slightly off-centre, so yes, a manufacturing error. A neat find!

Thedeadpoint was trying to be polite, but I'll be a bit more blunt - these are modern copies made in China for the tourist trade, where people often pay a few dollars for them thinking "well, it's just a few dollars" except the odds of buying a real one on the street is far worse than winning Powerball, and even if real, the return would also pale by far to a lotto win.

If you got them as a gift from someone, I'd thank them for their gesture, but if you bought them and it's not too late to return them, I'd so do.

VF+ for sure, maybe EF depending who you ask and what day of the week. Grading can be a bit subjective.

Markets in the short run are irrational. In the long run, everything finds its equilibrium.

Generally speaking, I don't comment on coins as investments as I consider it something to be enjoyed - investing in any field of collectible can be done, but is generally in very specialized fields / items.

Anything with a low premium (and/or relatively low value) for the most part is something considered by the field to be common, and as such is unlikely to appreciate on its own by much, if at all.

For example, a French 20 franc "rooster" piece is a lovely coin, can be purchased in mint condition at a modest premium over the gold value, but will always be just that.

Once you've got pictures I'd happy happy to throw in my 2 cents in.

Canadian coinage in general has taken a bit of a hit in recent years - there's been a widening between wholesale and retail.

Sorry to hear, but glad to hear from you. Do take care!

Happy birthday!

These will then go up in value like crazy, in order to get them, esp. If they are in UNC condition... wow.

Not necessarily. For high denomination notes in western countries, part of the value of a note is in part due to its value either as legal tender or redeemable money.

Consider obsolete 1000 CHF notes for example - they can be obtained for less than their "face value" - a poor investment for anyone who intentionally put some aside.

Pros:

Virtually no concerns about counterfeits

Cons:

new notes can be a bit harder to count as they're stick together more

Thicker, so you can't really fold them up as much

Once folded, you're kind of stuck with the crease (they don't fold back as well)

The cons are all pretty technical, so overall I'd say the pro well outweights them.

I'm pretty impartial myself to either.

Welcome!

Try this:

http://www.taipeitimes.com/News/world/archives/2015/08/09/2003624959

It looks like it's supposed to be a Bavarian thaler.

It's not my area of speciality, but from the pictures, it appears to be a counterfeit - the details appear to be cartoonish and some details (like the font) are uncharacteristic of the period.

I'll likewise have to say "inconclusive" from the photo.

All 4 are ancients. The nice one is of Theodosius, and there's also a pretty worn Constantinople commemorative.

It's the first time I've seen it on a modern coin - I've seen this on 3d (predecimal silver threepence) coins and some other denomination several times previously. I think it might be masonic related.

In bulk orders, sometimes the coin in the capsule and plastic pocket come separate from the cardboard holder / COA - so you'd have to pair them up yourself.

It would seem whoever sent it to you was being a bit sloppy and paired it up with the wrong COA.

The $25 came out at about the same time, and both coins are the same size (7.96g)

For a first year of issue piece, trial would be more of a possibility. For most dates, lead composition would generally suggest a relatively contemporary counterfeit.