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Iran Gold Coin Pahlavi Selling

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New Member

United States
1 Posts
 Posted 08/06/2013  11:47 am Show Profile   Bookmark this topic Add MikeJRing to your friends list Get a Link to this Message Number of Subscribers
Our family got some pahlavi coins set in to jewelry while we lived in Iran in the early 70s. I took them to a local coin dealer for a possible selling. The dealer looked up the coin and gave me a price for the coin and a price for the gold setting. It seemed to me that the price for the coin was really just its worth in weight. That the coin itself had no value.

I'm look for some advice on better approaches to selling the coins. Or is it the case that pahlavi coin in and of themselves have little value.

Thanks. Mike.
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harrison2's Avatar
Mexico
1304 Posts
 Posted 08/06/2013  2:16 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
Photos would be a really good place to start.
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Bacchus2's Avatar
United Kingdom
2869 Posts
 Posted 08/06/2013  3:02 pm  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
A lot of coins which have been set in jewelry (particularly reasonably common coins) lose their numismatic value if there are contact marks or other disfigurements caused by their mounting. It may not be so in this case however if it was very carefully done - but gold is soft so it usually is detrimental.
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Sap's Avatar
Australia
16808 Posts
 Posted 08/07/2013  03:18 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Unless a gold coin is very, very rare, being mounted in jewellery pretty much ruins it, as far as a collector is concerned. South African 1902 veldponds, for example; only a few hundred of these historically significant coins were minted and many of these were destroyed after the Boers lost the war; the majority of surviving examples were turned into jewellery. So even a mounted, engraved veldpond is worth far more than its gold content to a collector.

Unfortunately, most Iranian pahlavis are not in the same category. They were minted over quite a long period of time, with annual mintages usually in the tens and hundreds of thousands. While many were no doubt melted down after the Revolution, may more were smuggled out and they remain fairly common. While there are some scarce dates - 1320, 1321, 1331 and 1332 - which might be worth salvaging, for the rest, the catalogues list them as "bullion value only" unless they are in undamaged uncirculated condition.
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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