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Found A Gold Coin In A Penny Roll!

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kestrelia's Avatar
United States
29 Posts
 Posted 07/25/2008  1:52 pm Show Profile   Bookmark this topic Add kestrelia to your friends list Get a Link to this Message Number of Subscribers
I've been searching rolls pennies and other denominations pretty seriously for over a year now. Last night was without a doubt my best moment. As I was about to pour out and search one hand-rolled roll of pennies, I noticed a bulge in the roll, one of the coins in the roll was obviously not a US penny. I immediately assumed it was a British penny. That's what such bulges usually are. It took me a while to work the mystery coin out. It turned out to be something goldish with the date 1915 on it. Could it be? I compared the color of the coin to my wedding ring (which is 18K gold) and it matched. I searched online and found several (in better condition) coins that looked just like mine. They gave a weight. I snuck upstairs (my son was sleeping), got my coin scale and weighed it. All checked out! I can't believe it.

The coins is, obviously, the only gold coin I've found. It is also the most valuable and maybe the oldest foreign coin I've found (it just beats a 1920 Canadian penny I found). According to my research, it is .987 find gold and has .349 grams of gold. Some ebay auction results I've seen lead me to believe it is worth around $100 and the melt value of it is currently about $100.

I found the following description of the coin online:

Austrian 1915 One Ducat
Ducats were issued by Austria in 1612, and probably earlier. The last regular issue of ducats was in 1914. All the ducats dated 1915 are restrikes, of which there were 996,721 struck between 1920 and 1936. One ducat coins dated 1915 are still being produced by the Austrian Mint as official restrikes.
Franz Joseph I was born in 1848, and died in 1916.

Obverse
The laureate head, facing right, of Emperor Franz Joseph I
FRANC IOS I D G AUSTRIAE IMPERATOR

Reverse
The arms of Austria superimposed upon a crowned double-headed Imperial eagle.
HUNGAR BOHEM GAL LOD ILL REX A A 1915

High Carat Gold
Ducats were produced in high purity gold, 233/4 carats, making them among the highest purity gold coins ever issued for circulation.

I only wish I could be certain how old it really is.

-Brian

Image: Found-A-Gold-Coin-In-A-Penny-Roll! 1ducat.jpg
25.19 KB
Pillar of the Community
malissadawn's Avatar
Canada
1931 Posts
 Posted 07/25/2008  1:57 pm  Show Profile   Bookmark this reply Add malissadawn to your friends list Get a Link to this Reply
wow!! awesome find. I only wish that would happen to me. good for you!
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daviscfad's Avatar
United States
4541 Posts
 Posted 07/25/2008  2:27 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
dont know much about it but it sounds like a good find to me
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coindexter's Avatar
United States
869 Posts
 Posted 07/25/2008  2:28 pm  Show Profile   Bookmark this reply Add coindexter to your friends list Get a Link to this Reply
Vary nice. Now you will be hooked on roll seaching forever. And welcome to the CCf also :-)
Edited by coindexter
07/25/2008 2:30 pm
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ElleKitty's Avatar
United States
819 Posts
 Posted 07/25/2008  2:33 pm  Show Profile   Bookmark this reply Add ElleKitty to your friends list Get a Link to this Reply
That's awesome. My brother-in-law found a gold five pesos in circulation; he works at an overnight convenience store on an Interstate Highway.

I can't convince him to give it to me, though. He's smarter than he looks.
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KurtS's Avatar
United States
5318 Posts
 Posted 07/25/2008  2:50 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Nice find! If the weight checks out, no other metals can match it.
Judging from your photo, your coin looks like it's seen some days. The evenly spaced indents around the rim are interesting--was that common on the originals? I think I've only seen the later strikes.
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Amazon99's Avatar
United States
2443 Posts
 Posted 07/25/2008  3:53 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Wow, congrads! That's a great find.
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jbuck's Avatar
United States
187485 Posts
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DL20K's Avatar
Poland
3201 Posts
 Posted 07/25/2008  4:31 pm  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
Erm, weren't the 1915 ducats larger than a cent? How did that fit in a cent roll?
Valued Member
numismaniac64's Avatar
United States
61 Posts
 Posted 07/26/2008  07:50 am  Show Profile   Bookmark this reply Add numismaniac64 to your friends list Get a Link to this Reply
WOW! I thought I had a good find when I pulled a 1905 IHC last night, but your find is a bit better
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jeremymh's Avatar
United States
543 Posts
 Posted 07/26/2008  3:40 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
Wow what a shooking find, congrats!
Valued Member
Coinwhiz1776's Avatar
United States
100 Posts
 Posted 07/26/2008  3:44 pm  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply
Now that is lucky.
New Member
kestrelia's Avatar
United States
29 Posts
 Posted 07/26/2008  8:46 pm  Show Profile   Bookmark this reply Add kestrelia to your friends list Get a Link to this Reply
The ducat is only slightly larger than a penny. It was a tight fit, but someone put it in there somehow. I get hand rolls often for just this reason, people seem to shove all sorts of things in these rolls, either by mistake or hoping to pull one over on the bank. This time the joke was on them.
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docsfishn's Avatar
United States
1031 Posts
 Posted 07/26/2008  10:59 pm  Show Profile   Bookmark this reply Add docsfishn to your friends list Get a Link to this Reply
That's a great find!
Valued Member
Randy's Avatar
United States
86 Posts
 Posted 07/27/2008  08:00 am  Show Profile   Bookmark this reply Add Randy to your friends list Get a Link to this Reply
Have you thought about playing the lottery? With luck like that you can't miss. Way to go.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 07/27/2008  2:56 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
I have heard stories of people finding gold quarter eagles in penny rolls, but never any other gold coin . Excellent find and thanks for sharing!!
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