Gold Ducat | Aureus Magnus 30 Ducats

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Author	Replies: 3 / Views: 5,395
mfire39 New Member United States 2 Posts	Posted 08/03/2011 02:21 am Hello everyone. I'm new to the forum, and looking for some help confirming what I have here. I've only been able to find limited info online, and hope that some of the experts might be able to chime in. I recently acquired this piece from a family member. It's dated 1960. On the side with the "cross", the center has XXX over DUCAT. From the limited info I've gathered, would I be correct in saying the XXX is a denomination of 30 or 3.xx oz of gold? I'm just looking for any information on this piece, and a possible value if any, other than it's weight in gold. I don't have any intention of getting rid of it, but I just know nothing about it and hope to gain some knowledge on it. Thanks, -Marc Identified - moved to Bullion forum - Sap Report this Post to the Staff

Sap Moderator Australia 16883 Posts	Posted 08/03/2011 02:49 am These are privately issued "coins", not official government coinage. Still, they're solid gold, so by no means are they rubbish. I understand that the son of the original issuer in Germany will still make them to order, so I don;t think they're not worth more than bullion value. The small "980" below the bottom arm of the cross is the fineness: .980 fine. It should weigh 103.5 grams and contain 3.261 ounces of gold - that's $5426 at the current gold price. They're listed in the "Unusual World Coins" catalogue, and on the NGC World Coin database, under "Germany - Federal Republic". Yours is strangely missing from the NGC database, but here's the one from the previous year. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
IBGolden Pillar of the Community Canada 598 Posts	Posted 08/04/2011 8:06 pm There are collectors for these pieces that will pay above spot price... sometimes considerably above spot price. I have lucked out on a few of these pieces at spot. The, uhm, rarified(for lack of a better term) collectors of these pieces oft refer to this site VVV http://www.aureus-magnus.com/katalo...ission3.html ... although in German, 'tis close enough to English to figure out the site navigation in the left column(s). There are numerous fakes(some good, some with obvious/purposeful(?) flaws) that are also listed. I would consider this site to be the most comprehensive on these pieces. There are the silver pieces as well. ... & I might add... your piece is a nice one! Report this Post to the Staff
mfire39 New Member United States 2 Posts	Posted 08/09/2011 11:42 pm Thank you both for replying, and for the great information. It's all very much appreciated! Thanks again, -Marc Report this Post to the Staff
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