Simple Beauty In Coins, Papua New Guinea Matte 5 Kina and 10 Kina
7Jaguars
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Several years ago, I won a lot of PNG coins from an auction in Australia. It included all the special matte uncirculated pieces in all denominations from 1 Toea to 10 Kina from 1975 through 1977. It belonged to an official of the Central Bank and had been kept in original binder. Mintage was 166 in the 5K and 82 for the 10K.
These are simple piece but IMO the die work and actual execution on the coins was excellent, and the rarity can't really be argued with.
I could ask to GTG based on the reverses only, but here they are:
Love that Milled British (1830-1960)
Well, just Love coins, period.
Well, just Love coins, period.
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Comments
I like the look of the 5K better in terms of design and artistic merit. I suspect it graded higher as well provided there are no surprises. I am between 67 and 68 on the 5 and the 10 I grade no higher than 66... 65 + would be my grade which may seem harsh.
I think there are opportunities with coins such as these.
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Nice! At which mint were they struck?
The Franklin Mint, formerly in Pennsylvania. These are really well struck, and the central devices = birds very nicely rendered. The matte finish is much better in hand and belies their copper-nickel composition, really silky.
These are quite superior to most, and possibly their origin as a presentation to the Central Bank official has something to do with it. I have posted Jamaica 1975 and 1977 matte 10 dollars, and they are much more poorly handled.
CK, you are spot on:
1975 5k. Matte 68
1976 10, Matte 66
Well, just Love coins, period.
The FM did some quality work back in the 70's.
I love it when coins have a mintage of 82.
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Yes, and with the distribution of this one in particular there may be quite a few that have been tossed or melted. The larger FM pieces struck in lesser metals for "circulation" have almost no intrinsic value as opposed to the proofs struck in silver that there seemed little interest in them in the home countries.
I always imagine that somewhere in the deep dark dungeons of Central Banks and somewhere in a dark corner or niche lie a lone surviving specimen or two....
Well, just Love coins, period.