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question about restrikes

Hello,

I know next to nothing about 'restrikes'. I looked up the definition & have sort of an understanding about using original die, but my question is this. I am selling a lot of 112 Swiss gold francs on eBay, dated 1922-1947. A potential buyer sent me a question asking me if they were restrikes. After looking up the definition, I wrote her back and told her that they were original Swiss Francs--the 1922's are 1922's, etc. However, I still felt unsure about my answer and did some further looking. I never actually found the word restrike associated the the francs, but I did find a site that said that a 1935 gold Swiss Franc with the letter 'L' to the left of the date indicates that they were actually minted between 1945-1947. Does that make the 1935 a restrike? Again, everything I read said nothing about restrikes, including the page that informed me about the letter 'L', and looking at other sales of 1935's that had 'L's" next to them--they said nothing about restrikes as well. I purchased them as 'older European coins--Gold Swiss Francs. Was I correct in saying that they aren't restrikes?

Any help would be appreciated.

Thanks
Peace,

coinfool
"You broke the bonds and you loosed the chains; carried the cross of my shame, of my shame--you know I believe it..."

Comments

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    I think that there are several different terms for coins that might all liberally be called "restrikes." I can't think of them, though. I know someone else will have the information!


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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    You might get a better response on the world and ancient coins forum. My understandstanding is that they are legal tender bullion similar to our silver eagles. I've always purchased them at spot, unlike "gold coins" that are bought at a premium over spot. I wouldn't really worry about it, restrike or not, they are beautiful. And good luck on that auction, that's a lot of gold to start at .01image
    Becky
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    PerryHallPerryHall Posts: 47,584 ✭✭✭✭✭


    << <i>Hello,

    I know next to nothing about 'restrikes'. I looked up the definition & have sort of an understanding about using original die, but my question is this. I am selling a lot of 112 Swiss gold francs on eBay, dated 1922-1947. A potential buyer sent me a question asking me if they were restrikes. After looking up the definition, I wrote her back and told her that they were original Swiss Francs--the 1922's are 1922's, etc. However, I still felt unsure about my answer and did some further looking. I never actually found the word restrike associated the the francs, but I did find a site that said that a 1935 gold Swiss Franc with the letter 'L' to the left of the date indicates that they were actually minted between 1945-1947. Does that make the 1935 a restrike? Again, everything I read said nothing about restrikes, including the page that informed me about the letter 'L', and looking at other sales of 1935's that had 'L's" next to them--they said nothing about restrikes as well. I purchased them as 'older European coins--Gold Swiss Francs. Was I correct in saying that they aren't restrikes?

    Any help would be appreciated.

    Thanks >>



    I read somewhere once that the post WWII Swiss gold "restrikes" which had pre WWII dates was to hide the fact that they were made with Nazi gold including some from the holocaust. It made sense to me. I can't think of any other logical explanation why they would make gold coins and predate them. Anyone else know anything about this?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    Conder101Conder101 Posts: 10,536


    << <i>I can't think of any other logical explanation why they would make gold coins and predate them. >>


    Here's one, the US gold confiscation orders allowed for the keeping of "rare and unusual" gold coins and the major defining feature was that they had to be dated before April 5th 1933. Many countries produced gold coins with earlier dates than when they were struck so as to get around the gold orders and be able to market gold in the US.
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    Thanks for the input. Would any of you, based on the definitions, consider the 1935B(L) a restrike? I agree that it doesn't really matter since it isn't a rare date and it's basically bullion--I'm not sure why it mattered to this person. I just like to avoid negatives, if you know what I mean, and there can be some weird cats on eBay sometimes. My only negative was early on when I sold a few items in a dutch auction. The buyer didn't understand, thinking he was receiving all items. I explained dutch auctions several times and sent him the link that explains along with the side by side page layouts that show the difference becasue he was calling me a cheat and refused to pay. At this point, I didn't care about the sale, I was just trying to make him understand for damage control reasons. He then hit me with a negative for cheating him and harassing him with multiple emails (my explanations of a dutch auction). Then the weird thing is that he would send me an occasional email asking me when I was going to send him his product, so I would respond by saying, "Oh, you want to pay for it now and finish the transaction?", and then he would go off on me, telling me to quit harassing him and reported me to eBay. Then the weirdest--he began stalking me, writing threateninig emails (not death threats or anything, just ominous sounding stuff). I changed my ID and my email address (email address twice), but he kept finding me. I reported him and he eventually stopped and quit eBay. Don't ask me why I went off on that much of a tangent, but it is a weird story.
    Peace,

    coinfool
    "You broke the bonds and you loosed the chains; carried the cross of my shame, of my shame--you know I believe it..."

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