Pattern Coins - Valuable Or Not? - Coin Community Forum

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Author	Replies: 5 / Views: 1,687
cinemabon Valued Member United States 154 Posts	Posted 08/05/2012 10:43 pm I've seen several "Pattern coins" up for auction recently (resession brings out collections) and wondered about their true value. One from 19th Century caught my eye. Since they have no equivilent, I realize they are rare but how do you rate them? Report this Post to the Staff

cc99999 Pillar of the Community United States 1302 Posts	Posted 08/05/2012 11:19 pm yes... and you should get a book on patterns. Judd wrote a good one. Report this Post to the Staff
ErrorCoins222 Pillar of the Community United States 1699 Posts	Posted 08/06/2012 12:24 am Yes they're rare! Extreme rarities in many cases with 1-10 known for a large number of patterns. The coins themselves are attractive too and have the appeal of being the representation of what might have been. Many of them just don't come up for auction and are currently in strong hands. In addition, the Smithsonian and other museums have many, some of which are unique. I agree that you should get a book about them. It's an interesting topic. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 08/06/2012 12:29 am They are rare but not too pricey if you compare how low the mintage is. HOWEVER, there isn't too much demand thats why they are cheap. Report this Post to the Staff
SteveCaruso Pillar of the Community United States 1796 Posts	Posted 08/06/2012 12:57 am Also keep in mind that patterns are very often counterfeited. I only have a couple up on The Black Cabinet, but there are many more in my collection to go: http://fakes.numismetrica.com/tag/pattern/ Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 08/06/2012 01:51 am Some pattern coins are quite common, some are excessively rare. An an example of a common pattern is the Euro set of pattern coins with different design, to the to the as yet to be issued official coins. They were released so that banking staff and the general public would become familiar with the new modules of coins, and were released a year or so before the similtaneous first issue of the official coins. Examples of patterns that are execessively rare are the experimental designs that normally never leave the Mint, and the few that are struck are usually destroyed. Report this Post to the Staff
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