One more reason to come over to the darkside

satootoko

The right-hand coin in my sig line is listed in Krause at $1,250 Unc. The new 2004 Fall-Winter Steinberg's Gold Coins of the World catalog lists an NGC PR69 Ultra Cameo example at only $1,450!

What PR69 Ultra Cam liteside coin would go for only a $200 premium over an MS60?

Come join us on the darkside and save lots of money.

Ryana

How many are available in MS60?

Jody526

<< <i>Come join us on the darkside and save lots of money. >>




But I'm afraid of the dark.

satootoko

<< <i>How many are available in MS60? >>

Enough, compared to the demand, that they usually go for a little less.

cladking

Many world gold coins with mintages in the hundreds are available for little
more than melt. Many of these have designs which appeal to Americans and
there are some very attractive ones. Another advantage of world gold is that
face values on these is often very high and this will protect your entire gold
investment from decreasing substantially. Sometimes you'll even see these
at less than current face value. Some care must be taken since some countries
will not honor their gold coins, but most do.

If the world economy does extremely well ver the longer term most of these
coins will do exceedingly well. If it just muddles through the next few decades
then some will still do quite well because they are rare. In the event of deval-
uations the gold value will do well. And the face value can protect you from
significant loss in the unlikely event that the coins don't increase.

There is some difficulty locating the coins since mintages are so small but spec-
ialists in this area often have large inventories and they can be accessed at
shows or on the net. Those interested in the coins referenced would be well
advised to buy a Krause (1900 to date)(world coin catalog) and see what has
been made.

Neptune

Some care must be taken since some countries will not honor their gold coins


Yikes! Which countries don't honor their gold coins?

XpipedreamR

shhhhhhhhhhhhhhhhhhhhhh! Don't tell everybody about the darkside

cladking

<< <i>


Yikes! Which countries don't honor their gold coins? >>



Most of the older coins are no longer legal tender and this certainly also applies to
all of the coins denominated in obsolete currencies. The Mexican Peso, for instance,
has been demonetized on numerous occassions and the old currency has no value
as money anymore. Also some countries like the Marshall Islands issue coins in high
denominations and refer to them as legal tender but do not accept them as currency.
The list of all such cases involves most of the gold coin types ever issued but there
are a lot of current gold coins with very high face values which are redeemable. All
recent Carribean ones I believe are also money.