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Would You Pay A Premium For Attractive, But Looped Gold?

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Author Previous TopicReplies: 6 / Views: 1,426Next Topic  
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BillSnyder's Avatar
778 Posts
 Posted 05/23/2014  7:24 pm Show Profile   Bookmark this topic Add BillSnyder to your friends list Get a Link to this Message Number of Subscribers


Would-You-Pay-A-Premium-For-Attractive,-But-Looped-Gold?

Would-You-Pay-A-Premium-For-Attractive,-But-Looped-Gold?



Bill









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allranger's Avatar
United States
1391 Posts
 Posted 05/23/2014  7:40 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I wouldn't. All I can see are damaged coins. Other people may like them though.
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Classic Coins's Avatar
United States
940 Posts
 Posted 05/23/2014  7:42 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
Only if it was going to be worn as jewelry.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 05/23/2014  7:53 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
I would for the British, that is a pretty expensive coin if problem-free, for the other one, no. For the british one, I could always have a jeweler remove the loop and flip the coin for a nice profit or just leave it in my collection. The Iranian IMO is worth Melt. Although the damage is far worse on the British than the Iranian.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/23/2014  7:55 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The British coin would exhibit far more damage if the loop was removed. I would loose more than half of it's numismatic value (with condition in mind), above the spot gold price.

I would not buy either of them with the loop remaining in place.
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BillSnyder's Avatar
778 Posts
 Posted 05/23/2014  8:36 pm  Show Profile   Bookmark this reply Add BillSnyder to your friends list Get a Link to this Reply

I agree with you all. Thanks for your thoughts.

Yes, zxcccxz, it is the British piece that I would most like to see 'whole'. A Jeweler? Humm . . .



Bill
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/24/2014  12:39 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Only if they were done properly. The British coin has too much solder, the ring isn't closed properly and it is off-centre, on top of that it needs a bail for the chain or this is simply a charm made for a bracelet. The Irani coin's bail is off-centre and crooked and looks like it may snap with prolonged wear because the coin's edges were left as they were, leaving insufficient contact between the coin and the bail - but I may need a closer look.

It's too risky to do this with coins because if you mess it up you reduce it to scrap. Coin bezels are the best way as they do not damage the face of the coin and you can release the coin without too much fuss. At least these coins don't have holes in them - that's the lazy way to do it. Too bad because the back side of the Irani coin is quite beautiful. These are scrap - no premium, and because of the amount of solder used it may not be up to karat anymore. Sel is correct, in that removing the ring does not remove the globs of solder, and you will damage the coin further if you try to remove the solder.
Edited by Libertad
05/24/2014 12:52 pm
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