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 Replies: 7 / Views: 1,396 |
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Valued Member
Canada
242 Posts |
Here's the first Caligula aureus that I've seen since I started looking out of curiosity in the last 6 months or so: http://www.sixbid.com/browse.html?a...&lot=168128975000 swiss francs The current Canadian-CHF exchange is 1.31 Caesar started a thread about investment potential - it'd seem to me that this would be a good investment coin given its rarity? |
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Pillar of the Community
United States
7066 Posts |
No clue as to investment potential, but the provenance (Ex NFA-Leu sale 16-18 May 1984, Garrett part I) is great. Ex-Garrett Collection is a meaningful pedigree, it seems...a number of rarer coins from the three-part 1984/1985 sales have fetched big prices. Although not listed as ex-Spink in the description on your link, I see it sold for 50,400 pounds through that firm...it's the first coin pictured (the first bullet) at https://www.spink.com/departments.aspx?id=1204 |
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Pillar of the Community
Canada
1269 Posts |
Wow, amazing coin...with an amazing price to match.
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Valued Member
 Canada
242 Posts |
Yeah, that's one heck of a coin...!
Thanks for the link to Spinks. That price works out to 72,595 CHF. Their starting price is 60,000 CHF with an estimate of 75,000 CHF. Interesting that they turned around and are selling it again so quickly, unless they think that they can turn a quick profit.
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Moderator
 United States
23731 Posts |
Wow, fantastic coin. If it reaches it's estimate and I expect it should go past that, that's almost $82,000 US. You can buy a small house for that kind of money.
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Valued Member
Canada
242 Posts |
Echizento - just curious, but if you had 82k that you had to spend on 'coins', would you rather buy a single coin like this, or would you buy multiple coins?
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Moderator
United States
23731 Posts |
I like silver coins more than gold, I would buy a whole lot of silver coins with half the money. The other have I would spend on my wife an some of my other hobbies.
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Valued Member
Canada
242 Posts |
The only way that I would ever buy a coin like that would be if I could convince myself that it was a reasonable investment (so the choice would be either to spend that amt on some etf or something, or spend it on the coin).
It would be quite a coin to own though...I only have a small floor safe in my basement, so I'm not sure I'd even be comfortable keeping it in there. In which case it might defeat the purpose of having the coin anyway (since you couldn't really show it to anyone if it was held in a deposit box at a bank).
I can always dream though I guess...
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Replies: 7 / Views: 1,396 |
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Posted 05/17/2015 10:48 am
