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 Replies: 10 / Views: 1,462 |
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New Member
United States
2 Posts |
I just purchased 8 Andorra Queen Isabella one Diner gold coins that are 1/25 of a gold ounce and I don't know the value. there is not much on these coins and on websites when they have this coin listed they don't have a photo for it there's only 10,000 minted is this coin rare and expensive? It's in a necklace but I'm pretty sure it's not Soldered in.  *** Moved by Staff moved to a more appropriate forum. *** |
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Pillar of the Community
 United States
8938 Posts |
 Coins placed in Bezzles receive large amounts of damage to the rims. As for value not much over gold spot price. |
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Moderator
 United States
14463 Posts |
I moved your post to the appropriate section for the proper attention.  |
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Moderator
United States
188643 Posts |
to the Community! |
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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Moderator
Australia
16830 Posts |
Being mounted in jewellery does tend to greatly diminish the value of coins to collectors, especially modern pieces. Undamaged, this piece has a collector value of about $20 over spot.
So while they might be "rare", with only 10,000 minted, they are not therefore "valuable", because there is little collector demand for them. Which is probably why someone turned these into jewellery in the first place.
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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Pillar of the Community
United States
987 Posts |
They are very nice however, regardless of premium.
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New Member
 United States
2 Posts |
Well they are in great shape beside the one checked by the seller. That one was scratched very badly and I'll keep that one for me. The rims are in good shape they look like similar coins in the Queen Isabella line. They were pit in a holder with a piece of gold in the shape of a circle I guess to wedge. Very little pressure was on them since they were crimped with tabs.
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Pillar of the Community
Australia
1333 Posts |
sadly I would have to agree with above not much more than melt value.
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Pillar of the Community
United States
541 Posts |
Coins like this one from Andorra are NCLT = non circulating legal tender. As such they usually have mintage figures that would make one think they are scarce or rare. But keep in mind that these coins are made to order meaning that almost every person that wanted one placed an order and then the coins were minted to fill the orders. Therefore the mintage reflects the fact that the actual market demand has been fully satisfied. Over time few coins will be lost or worn out (unless the bullion prices go crazy) so the supply will remain fairly constant. As old collectors pass on new collectors will replace some of them so on the secondary markets bullion values will rule the price ranges.
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Pillar of the Community
United States
7941 Posts |
 I went looking for recent auction sales on any of these Andorra gold coins, and while I did not find examples of this particular coin (probably because it is so small), the larger Andorra gold coins tended to have sold near bullion value (surprisingly, sometimes even below), regardless of low mintage figures, Examples: - 25 diner KM91 5,000 mintage, sold at 150E ($170) vs $182 bullion - 25 diner KM96 5,000 mintage sold at 220E ($250) vs $180 bullion - 250 diners KM45 3,000 mintage sold at 350CHF ($352) vs $475 bullion https://www.coinarchives.com/w/resu...&results=100Regardless, you can now say you own nearly 1/10 of a percent of the entire world supply of this coin. Not many of us can say that about any modern coin issue  Edited by tdziemia
01/02/2019 08:56 am
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Replies: 10 / Views: 1,462 |
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Posted 10/01/2018 9:13 pm
