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 Replies: 17 / Views: 1,936 |
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Valued Member
United States
108 Posts |
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Pillar of the Community
 United States
1460 Posts |
Numista comments section indicates a Variant with ¨NI 917¨ and ¨23 B¨ (with close up photos) ... perhaps yours is not the variant?
Not really my lane, see what others think.
Nice coin!
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Pillar of the Community
United States
807 Posts |
The obvious difference, beyond the fact that yours has a mirror finish and the one in the Numista photo does not (maybe it's just the photography, but it looks as though someone has been at it with a wire wheel!), is that yours is 900 fine, marked as such with an indented stamp, but the one in the Numista photos is 917, marked in relief without indent. Frankly I would be more likely to regard your specimen as trustworthy.
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Valued Member
 United States
108 Posts |
Thank you both for the insightful replies.
There's no real red flags to me to suggest it's obviously fake. I just don't see a perfectly matched example. I suppose I just need to get it checked for gold content at the coin shop. Thanks again.
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Moderator
 United States
34393 Posts |
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get it checked for gold content at the coin shop. Yes that seems like a really good idea. When you take this step, please add that info to this thread (regardless of the outcome) so that we can all learn. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Valued Member
United States
108 Posts |
Good idea, Spence. Will update either way!
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Pillar of the Community
United States
6504 Posts |
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Valued Member
United States
108 Posts |
Yes that one has an identical appearance, including the indented marks.
The listed width/weight of that one is different. Mine is 28mm and 12g. But the listing you sent also has a comment that these were made in different widths/weights. The edge details match.
I'll update when I know for sure. Thanks.
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Moderator
United States
187579 Posts |
Very nice!  |
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Pillar of the Community
United States
6504 Posts |
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But the listing you sent also has a comment that these were made in different widths/weights. That's why you have to read the" fine print" It looks good to me |
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Moderator
United States
94672 Posts |
nice gold medal!
great match up Keith.
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Valued Member
United States
108 Posts |
Just a short update that this coin did indeed check out as genuine and 90% gold at the coin shop. Thanks for the advice, all. Going to hang onto it for now!
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Pillar of the Community
United States
6504 Posts |
That's good news. |
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Valued Member
Italy
284 Posts |
Ah! Interesting find! I can actually shed some light on these. First of all these were privately minted by a company named "Numismatica Italiana" (which no longer exists). Collecting gold medals related to various events was very popular in Italy in the 60-80ies and was made primarily for investment purposes. This company did unofficial medals for everything you could think of and in most cases they did different versions with varying gold weights. I had one for the same olympic but with 7gr of gold (attaching below an old photo, no longer have it). Bottom line is, if you find similar medals they are worth their weight in gold but hold zero numismatic value. There is no collector market for them. None is or did fake them afaik. Plenty of (now old or deceased) people thought these medals would be valuable in the future because of their "association" with these events (like the olympics).  I found an old catalogue from 1961 for this company. In 1961 a round with 10gr of gold 900/1000 was sold for 11700 Italian Lire. In 1961 a gold ounce was 35.31USD, so 10gr of 900/1000 were 10.217USD. 10.217USD in 1961 were around 6335 Italian Lire So basically they had a 85% markup. Almost criminal! (FYI average factory worker salary per month was around 50000 Lire in those years, so the coin would have costed about a quarter of it). They can probably compare to rounds with very very high premiums you can find today.   Cheers Edited by joe_77
07/16/2025 05:40 am
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Moderator
United States
187579 Posts |
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Just a short update that this coin did indeed check out as genuine and 90% gold at the coin shop. Thanks for the advice, all. Going to hang onto it for now! Excellent! |
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Moderator
United States
187579 Posts |
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Ah! Interesting find! I can actually shed some light on these... Thank you for the additional information! |
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Replies: 17 / Views: 1,936 |
Posted 05/18/2025 11:38 am
