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Question about Colombia

FilamCoinsFilamCoins Posts: 1,899 ✭✭✭
in World & Ancient Coins Forum

I bought this coin on a whim for a couple hundred bucks. Best I can tell, original mintage is 7,000 and PCGS/NGC have certified a total of 4 pieces between them. So I'm wondering, are these coins scarce and potentially undervalued or is the market thin for this country/series? The coin is tiny, so very little bullion value. Perhaps collectors are turned off by the size? Maybe the design is uninspiring? Small collector base? What's your theory?

Comments

  • BoosibriBoosibri Posts: 12,255 ✭✭✭✭✭

    First, it looks like a nice, wholesome XF.
    Im not so sure about the undervalued part but yes, it does have a small mintage. Survival rates are more important than mintages ,so you would probably want to do some digging there to better understand how available these coins are.

    Latin American Collection

  • bidaskbidask Posts: 14,017 ✭✭✭✭✭

    I like it !

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • 291fifth291fifth Posts: 24,461 ✭✭✭✭✭

    A nice looking coin for the grade.

    All glory is fleeting.
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