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 Replies: 10 / Views: 1,746 |
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Pillar of the Community
Canada
5417 Posts |
I'm interested in buying some European gold and I have narrowed down my choices to the 2 below. What do you think is the better overall choice.
............Hungary................ Italy
AGW... 0.1960 .................. 0.1867
Price....$296......................$281
Design...Nicer................... Nice
Grade.....BU....................... BU
Scarcity (By Mintage)
Scarcity (Market Availability)
Considering all of these factors what do you think is the better coin overall. Pros and Cons along with why you said what you said would help.
All opinions are appreciated.
Edited by zxcccxz
07/13/2013 9:23 pm
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New Member
United States
5 Posts |
I would go with the 20 lire. The reason is the number of years of production
for the korona is greater. My Krause shows better values for the lire also. They
are very close in my mind. I guess it would depend on dates and appeal if it was
my choice.
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Pillar of the Community
United States
3402 Posts |
I would go with the Italian coin.
KK
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Bedrock of the Community
Canada
11922 Posts |
I'm with the Hungarian coin.
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Pillar of the Community
 Canada
5417 Posts |
The dates are random. Coins are BU. I'm expecting a coin from the 5 most common dates in either series. I would love to hear some more opinions. I'm still very conflicted in my choice.
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Bedrock of the Community
United States
36744 Posts |
I like the Italian. But if you could swing it, get both.
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Pillar of the Community
Canada
5417 Posts |
@IndianGoldEagle
Unfortunately I cannot yet buy both as I recently spent $1670 on a 1908 MS63 "No Motto" Double Eagle. Anyway I'm buying from a new company and I need to get a feel for them first. More opinions would be great. Thanks.
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Pillar of the Community
Belgium
506 Posts |
I favor the Hungarian 20 Kornona because of the design with an impressive image of emperor Franz Joseph standing.
The Hungarian coin is slightly more abundant, but the high mintage years mainly are 1892-1895, 1897. Since they eased to circulate in WW I, these coins may more easily be found in a better grade than the Italian 20 Lire which are older on average.
The Korona was slightly more valuable than the currencies (Franc/Lira) of the 19th century Latin monetary union.
For the Italian 20 Lire, you either get a Vittorio Em. II or an Umberto I. Both have a few years with a high mintage and which come up for sale regularly.
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Pillar of the Community
Canada
5417 Posts |
@Gwyde
The Italy 20 lire with the Vittorio Emanuelle design ran for 18 years with a combined mintage of 11,770,381.
The Hungary 20 Korona ran for 24 years with a combined mintage of 21,933,000.
Even though the 20 Korona was minted a lot longer with a lot more mintage and is the younger of the two, it is somehow available less on the market.
My original notion was to go for the Korona but with lower mintage, less years in the series and higher value, I think I'm going to get the 20 Lire. Thanks fot all the help.
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Pillar of the Community
Belgium
506 Posts |
Quote:
Even though the 20 Korona was minted a lot longer with a lot more mintage and is the younger of the two, it is somehow available less on the market. I'm not surprised (and I realize I've been a bit imprecise in my explanation). What I had in mind is: "If you find a 20 Korona, it's more likely to have a better grade than if you have a 20 Lire (which circulated longer)." The Korona disappeared with the Austrian-Hungarian empire. In Hungary it was switched over to the Pengo and in Austria (after a hyperinflation and a 10000:1 roll back) it was changed over to the Schilling. Many silver/gold Corona were reminted in the new currencies. In Italy they kept using the Lira and after leaving the gold standard in WW 1, the gold 20 Lira coins were hoarded. Hence the higher mintage number for the Korona doesn't result in a higher availability. Edited by Gwyde
07/16/2013 3:47 pm
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Pillar of the Community
United States
807 Posts |
I prefer the Hungarian pieces in general. Artistically they are much superior, & I find they have more historical interest as well.
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Replies: 10 / Views: 1,746 |
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Posted 07/14/2013 09:25 am
