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Ottoman Turkey Gold 500 Kurush 1327/4

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Author Previous TopicReplies: 6 / Views: 13,205Next Topic  
Valued Member
Silver Gorilla's Avatar
286 Posts
 Posted 12/27/2007  02:31 am Show Profile   Bookmark this topic Add Silver Gorilla to your friends list Get a Link to this Message Number of Subscribers
Anyone care to grade this Ottoman Goldy, General information
These large 22k (36 grams) Ottoman gold coins are genuinely scarce do to Melting. An overview of countries Melting them is the entire Middle East plus Turkey, the Melted gold coins are being used big time for jewelry.

Merry Christmas to all

Ottoman-Turkey-Gold-500-Kurush-1327/4
Ottoman-Turkey-Gold-500-Kurush-1327/4
Edited by Silver Gorilla
12/27/2007 02:36 am
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Sap's Avatar
Australia
16817 Posts
 Posted 12/27/2007  03:40 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I'm hopeless at grading gold, especially for series like Islamic with little artwork to show high points and wear. Given that caveat, I'd guess at least good EF.
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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hunter20ga's Avatar
United States
1173 Posts
 Posted 12/27/2007  08:10 am  Show Profile   Bookmark this reply Add hunter20ga to your friends list Get a Link to this Reply
Nice coin, Silver Gorilla. I have no experience at all with Turkish gold, so I'll have to pass on giving it a grade. Thanks for sharing.
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Jaobler's Avatar
United States
6384 Posts
 Posted 12/27/2007  3:30 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Based on the nearly-complete details in the wreaths and lack of visible wear on the rims I'd call it AU.

Can you provide any background on the coin? When were these made? Did they circulate, and if so, in what countries? Is there any estimate of surviving population?

If this is 36 grams of 22K gold, it's worth over $800 just as bullion. Do these coins carry any numismatic value beyond their gold content?

And by the way, it's a nice-looking coin!
Valued Member
Silver Gorilla's Avatar
286 Posts
 Posted 12/27/2007  3:30 pm  Show Profile   Bookmark this reply Add Silver Gorilla to your friends list Get a Link to this Reply
Sap that's about what ill give it some where at EF to VF, the only thing that will bring it to a VF Or XF is its rarity. And all the Ottoman coins that are like this one are rare, I see them from time to time on ebay, and they sell way to cheep I Ge's they don't know that there selling something Rare and pricey. I tend to snatch them when I feel like buying from ebay, but only the ones that are 36 grams and have Prof of authenticity.
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Silver Gorilla's Avatar
286 Posts
 Posted 12/27/2007  3:36 pm  Show Profile   Bookmark this reply Add Silver Gorilla to your friends list Get a Link to this Reply
Thanks hunter20ga, I'm not an expert my self on Ottoman gold coins, but ill tell you that I suck at grading very much, I need way more experience then I'm at now.
Valued Member
Silver Gorilla's Avatar
286 Posts
 Posted 12/27/2007  3:58 pm  Show Profile   Bookmark this reply Add Silver Gorilla to your friends list Get a Link to this Reply
Hi Jaobler I will try to provide the most detail information on what I know, For these gold coins there are about 10 to 15 types that are "extremely extremely Rare" #1 because of there mint location, #2 the president or rulers at there time. The only thing I don't know is how many each kind where minted, But I do know one thing they are no longer in circulation like they where from before, No one rely knows how many still exists from each type, even the experts don't know its mind boggling, I can give you an idea on how rare they can be, if its OK to post examples from coin-archives, if it gets removed then ill retype the info on from them. Ill try to get my book that I gave to a friend that never returned it to me, it has very detailed info on them like what to look for and other useful information that helps out.

example #1
http://www.coinarchives.com/w/lotvi...239&Lot=5401

example #2
http://www.coinarchives.com/w/lotvi...239&Lot=5406

example #3
http://www.coinarchives.com/w/lotvi...239&Lot=5397

example #4
http://www.coinarchives.com/w/lotvi...239&Lot=5410

Example #5 Same one as the one I posted sold in 2003 for $750, but there's a big big difference NOW.
http://www.coinarchives.com/w/lotvi...D=58&Lot=500

I hope this helps out, Have fun
Edited by Silver Gorilla
12/27/2007 4:02 pm
  Previous TopicReplies: 6 / Views: 13,205Next Topic  

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