Do Gold Coins/Medals Have Numismatic Value (Or Just Scrap)

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Author	Replies: 8 / Views: 1,244
Gretchen531 New Member United States 17 Posts	Posted 05/26/2021 1:40 pm Hello All! Hidden away for many decades in Grandpa's collection are a handful of gold coins. Pictured here are 3 24K coins. Seem to be quite rare. I posted the 1969 Moon Landing coin yesterday and got offers just over melt value. I just feel like these would be valuable to someone's collection not simply for bullion. I feel it would be a crime to melt them. Any feedback would be appreciated. Do gold collectors only pay bullion value for a coin they want? Also, the last pic is what the "IIS" should look like on the reverse of the JFK 2.5 Ducat coin. The first "I" looks like a possible error on my coin (2nd to last pic). Opinions? Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/26/2021 1:52 pm I'll leave this to the experts. to the CCF! Report this Post to the Staff
erafjel Pillar of the Community Sweden 2124 Posts	Posted 05/26/2021 3:42 pm The 1915 coin is a 1 ducat restrike, and can have been struck any time after 1915 (it is still struck by the Austrian mint). Still 98.6 % gold, but has no value above that of the gold itself ($210 at current spot price). Report this Post to the Staff
tdziemia Pillar of the Community United States 7955 Posts	Posted 05/26/2021 4:22 pm The general answer to your question is: it depends. @erafjel has pointed out the situation for your Austrian ducat restrike. The medals might have interest to a thematic collector. For instance, there are collectors who specialize in space memorabilia who might pay above melt value for the Apollo piece, though supply/demand always comes into play. If a lot of these were struck, then the price will tend toward melt. Report this Post to the Staff
Kushanshah Pillar of the Community United States 1554 Posts	Posted 05/27/2021 8:34 pm The problem is that the price of gold is at record highs. Many items which once commanded significant collector premiums are now only bullion. In 1969, for example, gold was $41/ ozt. Today it's 1,896/ ozt. Edited by Kushanshah 05/27/2021 8:39 pm Report this Post to the Staff
Gretchen531 New Member United States 17 Posts	Posted 05/28/2021 11:41 am Thank you so much to you all for your feedback. Enjoy your Memorial Day weekend and... THANK YOU TO ALL OF OUR VETERANS AND ALL WHO DIED FOR OUR FREEDOMS!!! Report this Post to the Staff
jbuck Moderator United States 189053 Posts	Posted 05/28/2021 12:20 pm Quote: THANK YOU TO ALL OF OUR VETERANS AND ALL WHO DIED FOR OUR FREEDOMS!!! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/28/2021 12:27 pm Amen to that. Report this Post to the Staff
retiredkper Pillar of the Community United States 541 Posts	Posted 06/01/2021 10:46 am All the pictured items are medals except for the Austrian restrike which was intended to be a bullion piece. Every item has collector value and gold value. At this time the gold value of these items is much higher than the so called collector value. Would any collector pay more than melt value for these items? Not likely except maybe for the Kennedy piece. Report this Post to the Staff
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