How is the market viewing the "Euro look" in gold coins these days?
Longacre
Posts: 16,717 ✭✭✭
Occasionally, one must consider the coin itself, rather than merely looking at whether the slab is Plussed or stickered. Determining the market acceptance of Plusses and stickers is easy-- the coins can sell in a heartbeat at an almost assured obscene profit. However, buying a raw-slabbed coin is fraught with risk, particularly if the coin in question does not have a traditional "look" to it.
Below is a picture of a gold coin with the "Euro look". These tend to be darker coins, after having been stored in some far-flung country for generations.
Does anyone know how the market views coins with the Euro look these days? Are they in or out of favor?
Below is a picture of a gold coin with the "Euro look". These tend to be darker coins, after having been stored in some far-flung country for generations.
Does anyone know how the market views coins with the Euro look these days? Are they in or out of favor?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
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Comments
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
<< <i>A little too dirty for my taste but some people like their coins "crusty". If I owned that coin, I would be tempted to give it an acetone rinse to get some of that dirt off. >>
Don't do it!
I have been considering this one:
offered by the same seller.
I like the Euro look, if I understand the definition correctly. I think a lot of gold collectors do.
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I too would be tempted to play with the coin in the OP, at least with a bit of carefully applied acetone. But then again, I'm thinking in terms of the gold I've had, which has mostly been more common stuff. I would be afraid to play with that CC coin. Tempted, but afraid.
I had a raw generic $10 with that look once and carefully (VERY carefully) worked on the spots and streaks with a Q-tip dipped in diluted dip (EZ-est). It graded with ANACS. I don't know how much tinkering I'd dare to do on something with a better date. Probably not much.
I'd rather call it crusty than Euro, Euro makes me think of a multi metal design.
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