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 Replies: 16 / Views: 16,859 |
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New Member
United States
5 Posts |
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Pillar of the Community
United States
4212 Posts |
There's one with a BIN of $109. on the bay, although one with an opening bid of $35. failed to sell.
Nice reverse, I like it.
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New Member
 United States
5 Posts |
Thank you so much for the information and help, and that's so odd, wondering if there are other factors that come into play then. Or maybe it's just timing and the $109 sale was because there was a collector/buyer avidly looking for that specific coin at that time. Thanks again, much appreciated!
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Pillar of the Community
United Kingdom
2885 Posts |
No - BIN means "buy it now". Somebody is trying to sell it at that price and there are no takers. The seller has priced it much higher than the average market will take and is likely just hoping for the one guy who just wants it at any price. The fact that an open auction start of $35 didn't rise any further is more indicative.
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New Member
United States
5 Posts |
Ohhh, okay, I didn't know the acronym but I understand now. And yes, I see what you're saying and what it indicates. Thanks for explaining that to me. :)
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Valued Member
United States
230 Posts |
I think a fair price for this coin is about 10% over bullion value, so right now somewhere between $30 and $35.
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New Member
United States
5 Posts |
Thank you vb for your help with the coin. I'm thinking the same thing just wasn't sure, good to hear from those who know.
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Moderator
 Australia
16837 Posts |
Here's the NGC database entry for it. It isn't an official government-issued coin, so it's not listed in the mainstream coin catalogue. Instead, you'll find it in the companion guide "Unusual World Coins". According to that, the book value is $65.
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
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New Member
United States
5 Posts |
Great information Sap, thank you so much! I didn't realize it wasn't government-issued, good to know.
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New Member
United States
3 Posts |
Hello all,
I have a follow-on question for this old thread...
I found some interesting information regarding this particular coin and was wondering how to interpret the information? Please see link below. Also, this link seems to imply that this coin was produced/authorized for production by the Central Bank of Kuwait. What are your all's thoughts on that issue? Does anyone know current value of this coin and original production quantity? I will gladly buy a good book and do more homework on this issue if one can be suggested on this particular coin. Thank you in advance.
www.chiefacoins.com/Database/Countries/Jabir_III-AlSabah.htm#1991
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Pillar of the Community
 United States
7953 Posts |
Three of these have sold on ebay recently, at prices of approximately $25, $30 and $45. So this gives the current market value. Edited by tdziemia
12/27/2018 9:54 pm
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Pillar of the Community
United States
4212 Posts |
I like the revival of old threads, like this one.
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Moderator
United States
188892 Posts |
 to the Community, jkid! |
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New Member
United States
3 Posts |
Thank you, jbuck! Glad to be a part. Hopefully I can learn some things on this forum and get spun up on some coins that I am interested in. There seems to be much much useful information on here!
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New Member
United States
3 Posts |
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Moderator
United States
188892 Posts |
Thank you for sharing.  |
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Replies: 16 / Views: 16,859 |
Posted 09/23/2012 3:09 pm
