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Question for our Polish experts

SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭
in World & Ancient Coins Forum
How rare is this coin? Will it go higher still?
Dimitri



myEbay



DPOTD 3

Comments

  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    The 25 gulden from 1930 is NOT RARE. In fact, it's kinda common.

    Krause-Mishler lists it at a crazy price of $9,500. That's based on the old price. This coin used to get around $8,000 to $10,000 until about 2001, when a large number of them were released. The mintage is listed as 4,000 originally - so not a ton. Only a handful were released before the war, and those were getting the $8,000 to $10,000. A large German bank had a few thousand of them, though, and they had some guy start to sell them off. Unfortunately, he dumped too many on the market at once, and the price collapsed. Too bad for those guys who paid $8,000 to $10,000 for one years ago.

    The price has recovered a bit and is up to about $2500 for one of these. Still overpriced in my opinion. I've seen a large number of these coins for sale. If you want to get one, go for an NGC, I think they're closer to a real "65" than these that ICG graded (from the ones I've seen). Or wait for a 1923. The release of the 1930s also impaired the price of the 1923s, which are actually quite a bit scarcer.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • 3Mark3Mark Posts: 593 ✭✭✭


    << <i>How rare is this coin? Will it go higher still? >>



    Syracusian:

    Danzig was a free city and mostly German until it became Gdansk (Poland) after WWII. It is collected by German collectors and it is included in MoneyTrend for pricing. They were scarce until the Berlin Wall came down and a bunch of them showed up. Now they are just expensive and most are unc. A condition rarity in less than unc. The price the coin is at is about right. I know a German dealer who currently has a number in stock. 3Mark
    I'm traveling on memory and running out of fuel.
  • SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭
    Thank you.

    It all sounds familiar, maybe I've heard this story again here at the Darkside but wasn't really paying attention. Nice coin nevertheless although I wasn't really after it, note that it's listed on Swiss ebay, not German. When hoards like this get unearthed and sold, it's always unfair to the original owners.But how could they know?
    Dimitri



    myEbay



    DPOTD 3
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