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Got My Fortuna Redux 6-Ounce Silver Coin Today!

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macmercury's Avatar
United States
5833 Posts
 Posted 05/20/2013  10:33 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I gotta laugh at that comment Earle42 made, now I think I will turn it back the other way. LOL...
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/20/2013  10:57 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I am like Merc and Barry the gold plate could have been a bit more defined, but what an amazing piece. I too love that reverse design it really is amazing design as I have always liked the history of the wing helmet messenger....
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/20/2013  11:04 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Just now realizing it is a cylinder way cool. Its a nice compact way to stack 6 oz., minus the packaging which is well worth the loss space. I am gonna start hunting those on ebay as 600 to 650 seems like real bargain and unique angle....
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/21/2013  08:58 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
One thing I noticed while doing an ebay search is that none of the listings seem to be from North America. They are all from Italy, Poland, Germany, etc. Here is one ending soon from Poland:

http://www.ebay.com/itm/FORTUNA-RED..._2830wt_1141
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barryg's Avatar
United States
5862 Posts
 Posted 05/21/2013  09:07 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Yes, I noticed that as well. I was wondering if that accounted for the lower selling prices, perhaps because fewer buyers are willing to risk purchasing from overseas.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/21/2013  09:23 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Probably.

I was looking through First Coin Company's website, and because that coin you got couldn't fit my budget, I saw this one:

http://firstcoincompany.com/S/3d-sc...ted-2013-1oz

Any comments?
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barryg's Avatar
United States
5862 Posts
 Posted 05/21/2013  09:43 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
To be honest, I haven't seen anything else on that website unique enough to warrant the high premiums. There have been other "pop-up" coins before (I remember one featuring the World Trade Center Twin Towers awhile back), so I wouldn't expect this one to be particularly collectible in the long run.

Just my opinion, of course, but the reasons I was willing to shell out so much money for the FORTUNA REDUX was because it was completely unique, it was apparently difficult to produce (and therefore not likely to be imitated) and had a lot of positive buzz surrounding it prior to release (it was featured at last year's World Money Fair in Berlin).

I dunno, I might be a buyer for the coin you linked at $79, but not at $179.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/21/2013  09:50 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Okay, thanks! After looking at it some more, it isn't 'special' enough for me to spend that much.
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barryg's Avatar
United States
5862 Posts
 Posted 05/21/2013  10:30 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
Thank you for posting pictures of the coin in hand (vs marketing photos wich are always too perfect).


Well, thanks for pointing out that my pictures aren't perfect...

I've always had a devil of a time photographing proof coins straight on so you can actually see they are proofs without an obvious reflection of my camera. After some experimentation, though, I think I've come up with something workable. I've updated the pictures I posted at the beginning of this thread, but here are the old and new versions for comparison's sake:

Original:

Got-My-Fortuna-Redux-6-Ounce-Silver-Coin-Today!
Got-My-Fortuna-Redux-6-Ounce-Silver-Coin-Today!

Updated:

Got-My-Fortuna-Redux-6-Ounce-Silver-Coin-Today!
Got-My-Fortuna-Redux-6-Ounce-Silver-Coin-Today!

Hopefully, the updated pictures aren't "too perfect" for you...
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Earle42's Avatar
United States
10044 Posts
 Posted 05/21/2013  3:48 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Wow that has to be gorgeous in hand!

BTW - surprised some of our die hard Winged Liberty dime collectors are not a bit peeved that this coin adds to the confusion of the US never making an actual Mercury effigy on a dime?!
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 halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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barryg's Avatar
United States
5862 Posts
 Posted 06/27/2013  08:55 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
All right, I have to admit I'm having some doubts about the long-term collectible value of this thing. I don't know if it has anything to do with the falling spot price of silver, but these are now selling on ebay for $599. Even APMEX currently has 38 of them in stock for sale at $629.

I do still love the way it looks and plan to hold onto it for a looooong time and hopefully pass it down to my son some day. I'm just hoping it doesn't end up being worth spot value in 20 years...
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traevin's Avatar
United States
1454 Posts
 Posted 06/27/2013  10:50 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Barry,

My guess is it would never be worth less than $400, mainly due to its small mintage. I've been pricing them myself, for a while now. I still definitely want one. The last one I saw went for $535 + S&H a few days ago. You're right about falling spot prices affecting second source offerings, though. Most of the proofs I've bought lately have been at traditionally depreciated levels. I'm hoping to pick the Niue up below $500 but it's almost a race against time before they all disappear. We'll see what happens. If/when spot increases, so will the Redux's value, IMO. So, long-term growth potential on something this unique should be through the roof, not that you ever plan on selling it, sounds like.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 06/27/2013  8:58 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
I refuse to call that denominated ingot a coin, but it is quite pretty nonetheless. :-)
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CoinDan98's Avatar
United States
1053 Posts
 Posted 11/14/2013  9:46 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
Thats awesome!!
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Libertad's Avatar
Canada
3692 Posts
 Posted 11/14/2013  9:52 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Wow, talk about your piedfort... There's even a foot on it!
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