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 Replies: 27 / Views: 2,897 |
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Pillar of the Community
614 Posts |
Before I begin: sorry for the short story. The story was much longer, then my computer crashed deleting all my work.  Sometime ago, I bought a coin from a melt bin for $10. Only now do I realize its true value. This coin is a restrike of a 1848 20 skillings from the Danish Virgin Islands made in 1858. One of these cost $200+ Only 40,000 of these were ever minted and many were melted. You can tell it apart from the regular 1848 20 skillings by its non-reeded edge. The original had a reeded one. Why would a restrike be so valued you ask? Well see, the thing is when the territory became part of the U.S, it used counterstamped U.S. coinage. They then deicded to switch to their own, and only having left coin dies from 1848, they used them in 1858(or 56 not sure). Much less were made but they were created as currency, not as collectors restrikes. Pics:   Edited by tzarmarko
06/14/2012 9:39 pm
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Valued Member
Canada
316 Posts |
i know nothing of this coin. but amazing story. nice coin, congratulations.
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Pillar of the Community
 614 Posts |
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Pillar of the Community
United States
3184 Posts |
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Pillar of the Community
United States
3294 Posts |
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Moderator
 United States
15472 Posts |
Would appreciate some context to understand the significance of why the re-strike is so valued.
David
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Pillar of the Community
Canada
1411 Posts |
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Pillar of the Community
United States
4897 Posts |
Very neat coin...can we get an edge shot? The 1848's edge was engrailed (a series of circular arcs curving in the same direction, meeting at angles, forming points outward ) not reeded. Your plain edge was minted in 1856.
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Pillar of the Community
614 Posts |
Ok, I edited the post as to the significance.
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Pillar of the Community
614 Posts |
Here are some edge shots:  It doesn't show it too well, but the side is completely flat. |
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Bedrock of the Community
United States
10045 Posts |
I see this coin listed in my Siegs catalogue from 1999. Values in DKK are as follows: 0--4000; 01--2500; 1+--1800. Yours has a bit of damage on one side, but nice find all the same!  |
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Moderator
United States
23731 Posts |
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Pillar of the Community
United States
4897 Posts |
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Valued Member
Canada
220 Posts |
Pity about the XX that somebody scratched by hand on the one side... That's probably why it was in a melt bin...
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Bedrock of the Community
United States
10038 Posts |
I like posts such as this. Cool coin. I never would have known and missed something great.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
5832 Posts |
Knowledge goes a long way.
Nice pick up!
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Replies: 27 / Views: 2,897 |
Posted 06/14/2012 6:49 pm
