What Do You Think Of Those Old French 20 Franc Gold Coins?

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Author	Replies: 8 / Views: 2,202
scottk Pillar of the Community United States 767 Posts	Posted 07/02/2014 7:46 pm Coins like this: http://www.ebay.com/itm/121333110496?nav=SEARCH I'm puzzled as to why they sell so very close to melt value. Even gold bullion bars carry a larger premium. At least these have some sort of antiquity and historic value right? Report this Post to the Staff

Sap Moderator Australia 16827 Posts	Posted 07/02/2014 7:52 pm High supply (large mintages and no official recall and melt-down as happened in America) plus low collector demand equals minimal numismatic premium. 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 Report this Post to the Staff
matttheriley Pillar of the Community United States 1512 Posts	Posted 07/02/2014 7:52 pm Is a 9% premium low? Report this Post to the Staff
matttheriley Pillar of the Community United States 1512 Posts	Posted 07/02/2014 7:53 pm I actually think it is a very beautiful coin. Report this Post to the Staff
scottk Pillar of the Community United States 767 Posts	Posted 07/02/2014 8:02 pm I think it is too matttheriley. As far as the premium, compared to any other gold coin around this size I've ever seen it's outstanding. 5 gram gold bullion bars even sell with a higher premium. Report this Post to the Staff
zxcccxz Pillar of the Community Canada 5417 Posts	Posted 07/02/2014 8:52 pm They along with many other European Coins of the same era (Lower-grade french angels, Swiss 20 Franc) sell for close to spot because they are so easily available, even in mint state. Demand isn't too high either. Report this Post to the Staff
stampvirgin Pillar of the Community United States 1247 Posts	Posted 07/02/2014 9:01 pm In my LCS today, a fellow came in and bought some at just above melt.. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 07/02/2014 9:22 pm This week we sent three of them, French 20 franc coins, to NTR to be melted. And that only pays 99% of melt. IMO most gold buyers do not want them. We can sell all the gold eagles or maple leafs. But coins like French 20 franc will sit in the display cases for years. Report this Post to the Staff
NumisEd Pillar of the Community United States 5182 Posts	Posted 10/20/2020 9:07 pm I think the French 20 Franc gold coin series is one of the best in Europe. Due to the large variety of designs in a short time window (100 years) It provides a great support narrative for the events and turmoil that unfolded in France: dictators, kings, revolutionaries, etc. The only thing I wonder, are these coins typically weakly struck? The often appear "soft" to me. Report this Post to the Staff
	Replies: 8 / Views: 2,202

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