There are a handful of Israel coins I keep for historic reasons such as this1948 25 Mils war of independence issue (40K or so issued, aluminum metal) which presents quite a challenge to find in MS.
There was a 64 on eBay a while back for 2500 (it was Pre COVID) that IIRC was top pop or near it, too lazy to go look right now. Went back and forth with the seller and didn’t buy it, sort of regretting that now, given the coins historical significance. It’s the sort of thing that you could very easily envision being worth 10X or 50X in 20, 30, 40 years from now, given his historical magnitude as ‘the first coin’ and how impossible they are in MS.
There are a handful of Israel coins I keep for historic reasons such as this1948 25 Mils war of independence issue (40K or so issued, aluminum metal) which presents quite a challenge to find in MS.
There was a 64 on eBay a while back for 2500 (it was Pre COVID) that IIRC was top pop or near it, too lazy to go look right now. Went back and forth with the seller and didn’t buy it, sort of regretting that now, given the coins historical significance. It’s the sort of thing that you could very easily envision being worth 10X or 50X in 20, 30, 40 years from now, given his historical magnitude as ‘the first coin’ and how impossible they are in MS.
There are a handful of Israel coins I keep for historic reasons such as this1948 25 Mils war of independence issue (40K or so issued, aluminum metal) which presents quite a challenge to find in MS.
There was a 64 on eBay a while back for 2500 (it was Pre COVID) that IIRC was top pop or near it, too lazy to go look right now. Went back and forth with the seller and didn’t buy it, sort of regretting that now, given the coins historical significance. It’s the sort of thing that you could very easily envision being worth 10X or 50X in 20, 30, 40 years from now, given his historical magnitude as ‘the first coin’ and how impossible they are in MS.
I fully agree as there are very few available surviving specimens given the aluminum metal sensitivity and the way they were made. I have the 64 and sole 65 as I believe this coin is truly significant. I am a buyer of these at $2,500. The last two sold for about $5,000 (all in) on Israeli auctions. The quantity of mint state (from the 42K minted seems to be finite)
TalerUniverse.com is a curated numismatic project dedicated to the silver talers, crowns, and medals of the Habsburg Empire and the Holy Roman Empire, spanning the 16th–18th centuries. The collection emphasizes historically significant issues, rare mint varieties, and high-grade NGC/PCGS examples, presented with detailed historical context, scholarly references, and high-resolution photography. TalerUniverse aims to serve both as a private collection showcase and a growing reference resource for collectors, researchers, and students of early-modern European coinage.
I actually think the gold and silver commems will become popular at some point, once people realize how many have been melted, and how rare they have become. In other words, the complete lack of interest in the coins today will be what ultimately fuels their future popularity. Not that I actually like the stuff, or that I will live long enough to see it happen. But if I were younger and wanted to build a long term bullion position, I’d load up on Israeli. Same goes for many FM issues, BTW.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The real questions are whether there is an adequate existing population for the Israeli Commems to be promoted. I suspect that question gets complicated based on historical silver spikes and the quantity that was melted. Then… one has to contemplate PVC damage for various issues.
As for FM issues, some of later sets already have a following. I serious doubt that there is enough of the later sets that survived to make promotions possible. As an example, I suppose someone could start by offering a buy price on a 1984 Panama FM set to see how many might surface. Sort of sounds like Randolph and Mortimer Duke cornering the FOJ market… but someone needs to “turn those back on” as if they were ever on to begin with.
I do agree with MrE on this… I just hope to live long enough to see it.
Experience the World through Numismatics...it's more than you can imagine.
Comments
There was a 64 on eBay a while back for 2500 (it was Pre COVID) that IIRC was top pop or near it, too lazy to go look right now. Went back and forth with the seller and didn’t buy it, sort of regretting that now, given the coins historical significance. It’s the sort of thing that you could very easily envision being worth 10X or 50X in 20, 30, 40 years from now, given his historical magnitude as ‘the first coin’ and how impossible they are in MS.
Is this the coin?
https://www.ngccoin.com/population-report/israel/335/early-1949-1980/388/25m/12075/sheldon/MS/?page=1
I fully agree as there are very few available surviving specimens given the aluminum metal sensitivity and the way they were made. I have the 64 and sole 65 as I believe this coin is truly significant. I am a buyer of these at $2,500. The last two sold for about $5,000 (all in) on Israeli auctions. The quantity of mint state (from the 42K minted seems to be finite)
https://il.bidspirit.com/ui/lotPage/rimon/source/favorites/auction/62602/lot/149755/%D7%99%D7%A9%D7%A8%D7%90%D7%9C-25-%D7%9E%D7%99%D7%9C-%D7%AA%D7%A9-%D7%97-1948-NGC-MS?lang=he
https://il.bidspirit.com/ui/lotPage/rimon/source/favorites/auction/34727/lot/142374/%D7%99%D7%A9%D7%A8%D7%90%D7%9C-25-%D7%9E%D7%99%D7%9C-%D7%AA%D7%A9-%D7%97-1948-PCGS-MS?lang=he
TalerUniverse.com is a curated numismatic project dedicated to the silver talers, crowns, and medals of the Habsburg Empire and the Holy Roman Empire, spanning the 16th–18th centuries. The collection emphasizes historically significant issues, rare mint varieties, and high-grade NGC/PCGS examples, presented with detailed historical context, scholarly references, and high-resolution photography. TalerUniverse aims to serve both as a private collection showcase and a growing reference resource for collectors, researchers, and students of early-modern European coinage.
I actually think the gold and silver commems will become popular at some point, once people realize how many have been melted, and how rare they have become. In other words, the complete lack of interest in the coins today will be what ultimately fuels their future popularity. Not that I actually like the stuff, or that I will live long enough to see it happen. But if I were younger and wanted to build a long term bullion position, I’d load up on Israeli. Same goes for many FM issues, BTW.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The real questions are whether there is an adequate existing population for the Israeli Commems to be promoted. I suspect that question gets complicated based on historical silver spikes and the quantity that was melted. Then… one has to contemplate PVC damage for various issues.
As for FM issues, some of later sets already have a following. I serious doubt that there is enough of the later sets that survived to make promotions possible. As an example, I suppose someone could start by offering a buy price on a 1984 Panama FM set to see how many might surface. Sort of sounds like Randolph and Mortimer Duke cornering the FOJ market… but someone needs to “turn those back on” as if they were ever on to begin with.
I do agree with MrE on this… I just hope to live long enough to see it.
Experience the World through Numismatics...it's more than you can imagine.