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Why Is This Coin So Much?

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Valued Member

United Kingdom
59 Posts
 Posted 04/23/2007  7:40 pm Show Profile   Bookmark this topic Add frenchcoin to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.fr/FRANCE-RARE-Pief...DC_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/250106911394 target= _blank rel= nofollow 250106911394 /a QQihZ015QQcategoryZ66806QQrdZ1QQssPageNameZWD1VQQcmdZViewItem

Being a total coin noivce and it being in French I'm going by pictures alone.It seems thicker but I'm not sure,any ideas?
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t360's Avatar
United States
2703 Posts
 Posted 04/23/2007  9:14 pm  Show Profile   Bookmark this reply Add t360 to your friends list Get a Link to this Reply
Assuming the description is correct, it is an essay. An essay is coin struck from a prototype die or dies to test a trial design or design concept. Often pieces are struck of trial designs to see how well they strike (some designs don't strike up well) and to see how they will look if selected for the final design. Only 104 pieces of this essay were struck. In addition it is in mint state (MS-65 or FDC) with no wear or distracting marks. Specialists will often complete a series (i.e. obtain every date and mink mark) and still want more, so they add essays to their collection.
Valued Member
United Kingdom
59 Posts
 Posted 04/23/2007  9:36 pm  Show Profile   Bookmark this reply Add frenchcoin to your friends list Get a Link to this Reply
I see!well you learn something new everyday.
I just came across it on the .fr website and because I'm a newbie to the coin collecting I thought........ive got one of those!!!
But sadly...........not :(
Thanks t360.

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Morgan Fred's Avatar
United States
2684 Posts
 Posted 04/23/2007  10:06 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
One very real caution about ebay: you can bet the farm that any coin listed with a Buy-It-Now price as high as this or with a very high start price in a regular auction is over-priced. Mostly, such prices are set by what current price guides state which, for the most part are the very, very highest prices recently realized for certified or graded and slabbed coins of the same type. Mostly, such price guides prices are pie-in-the-sky wishes rather than reality for most average coins. There's some qualifications to this statement, but be wary of such auctions and become very educated before clicking the "Buy It Now" button. Sellers such as this are looking for those who are unfamiliar with coin prices; in most instances, there's a catch such as the coin is damaged or cleaned or even counterfeit. If the seller sells such coins relatively often, he's gonna end up with the bad feedback that this one has (98.5% is a BAD feedback score).

Fred

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Sap's Avatar
Australia
16849 Posts
 Posted 04/24/2007  04:25 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
quote:
It seems thicker but I'm not sure,any ideas?

That's why the seller describes it as a "piefort" - in numismatic parlance, a piedfort (it's a French word, pronounced something like P-A-4, sometimes spelled "piefort") is a coin specially struck on an extra-thick planchet, either for collectors or as a pattern.

Striking piedforts was a French invention in the middle ages, and remained largely a French thing (which is why we use a French word for it) until the 1980's, when the rest of the world started jumping on the bandwagon. Do an ebay search for "piedfort" and you'll probably get a large number of hits, mostly modern collector coins.

I think modern piedforts are a bit of a rort, mind you - the mints have figured out it's an excellent way of shipping twice as much bullion for three times the price.
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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Morgan Fred's Avatar
United States
2684 Posts
 Posted 04/24/2007  5:18 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
quote:
I think modern piedforts are a bit of a rort, mind you - the mints have figured out it's an excellent way of shipping twice as much bullion for three times the price.


OK, Sap, what is a "rort"? I'm aware that Australians are very much like US folk, separated only by a common language, but rort is a new one on me, even though I've been to Australia (I loved it!) and thought I knew the language.
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ageka's Avatar
Belgium
2078 Posts
 Posted 04/25/2007  07:39 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Going from memory

The real piedfort is exactly the double thickness of the coin to be
Whence double the weigth
Essais to see what a coin looks like may be struck in all kind of materials other then the final material

Krause has I do not know how many dozen Essais and Piedfort at the end of the French section
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Sap's Avatar
Australia
16849 Posts
 Posted 04/25/2007  09:42 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
quote:
OK, Sap, what is a "rort"? I'm aware that Australians are very much like US folk, separated only by a common language, but rort is a new one on me, even though I've been to Australia (I loved it!) and thought I knew the language.

rort - noun, Australian slang term: a plan to take unfair advantage of a public service for your own benefit. Basically, it's a government rip off, using the rubber-stamp of clueless bureaucrats to rake in lots of money. Usually not technically illegal, but definitely against the spirit of the law.

And here I was thinking I didn't know many Australian slang words!
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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Ferret Lord's Avatar
United States
218 Posts
 Posted 04/25/2007  11:18 am  Show Profile   Bookmark this reply Add Ferret Lord to your friends list Get a Link to this Reply
Krause Cat has it as

KM#PE339
mintage 104
reffering to KM#930
Mrkt Value $50.00
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