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 Replies: 28 / Views: 4,462 |
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Valued Member
 United States
80 Posts |
Whether or not it happens to be an Olympic coin is not what is personally interesting to me. Rather, it happens to be a legal-tender issue of a major Western nation off-struck in gold.
Not something one sees every day (hence my original post). However, to each their own, so to speak!
Happy collecting!
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Pillar of the Community
United States
1143 Posts |
What a great thread if for nothing else but to learn about this piece and the knowledge others have of it.
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Valued Member
United States
80 Posts |
Thank you very much, and that was the spirit in which it was intended!
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Bedrock of the Community
Australia
21788 Posts |
The scenario that prompted my question regarding legal status is the fact that
U.S. Mint expended a huge amount of legal effort to recover 1933 Double eagles.
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Valued Member
United States
80 Posts |
The difference is that the 1933 Double Eagle situation consists of 10 coins totaling $70,000,000.00 or so in value. Rather than a few coins selling for less than $25,000.00.  Edited by Prototype
01/11/2020 9:51 pm
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CCF Master Historian of USA Commemoratives
 United States
12328 Posts |
Byers currently has a silver and gold set in the dual NGC holder listed on his web site for $12,500. Hopefully, anyone interested in the Heritage auction coin is aware - the Heritage gold piece is the same grade but w/o the silver coin.
We'll see later today (after the auction closes) what value someone placed on the coin.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Valued Member
United States
80 Posts |
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Valued Member
United States
80 Posts |
I love the way that NGC encapsulated both the normal silver strike side by side with the off-metal strike in gold. It really puts the rare gold strike into perspective. That, in my opinion, is lacking from the current auction coin. The current auction coin sits alone facing backwards and, as such, does not even look like a coin. Compared, in-turn, with the duel-set's portrait of the queen properly facing out including the year, nation of issue, and coin's denomination in the double-cased set. However, that is easily fixed by sending it in to N.G.C. And the certificate is a nice (and important) touch! Edited by Prototype
01/12/2020 2:08 pm
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Moderator
Canada
10463 Posts |
John100 is right - the Royal Canadian Mint does not mess around when it comes to "mint sport" and gold coins. Much safer as a Canadian, to own a coin supposed to be struck in gold, but struck on a pure nickel planchet instead... (yes, this one is mine). Six of these exist, and Sandy Campbell suspects that they are trial strike pieces, given that they are fully struck and pure nickel is so much harder than gold.  The coin on its intended planchet:  And, struck on a pure nickel 50c planchet:  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
United States
80 Posts |
I don't know why gold struck on nickel would be "safer" then silver struck on gold. Without a contemporary court case (and decades later after being struck) I would not be concerned about either in Canada.
Especially when the coins have been openly sold at auction for years without protest.
Edited by Prototype
01/15/2020 3:43 pm
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Pillar of the Community
Canada
798 Posts |
SPP Ottawa, your errors Collection is truly one of the best.
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Moderator
Canada
10463 Posts |
Quote:
don't know why gold struck on nickel would be "safer" then silver struck on gold. Without a contemporary court case (and decades later after being struck) I would not be concerned about either in Canada. That's easy to say, being a collector south of the border. Other than the 1970 gold strike, you won't see those gold coins that Mike Byers offers in a Canadian auction. The RCM instructing the RCMP to seize coins is not unprecedented in Canada, especially on Canadian soil. Any 5 figure error coin is a bloody big error coin in Canada - and you have at least two heavy hitter error collectors in Canada, in this thread, telling you that they won't touch it, for that very reason. The RCM cares little about base metal "mint shenanigans" that have escaped, but they will track down their gold within Canada. That said, they seem oblivious to US and European auctions however... Maybe it's nothing, but as an error collector, is it worth the risk? "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
United States
80 Posts |
I would actually be more concerned about the 1970 gold Manitoba, as there was a court case specifically regarding it. No such case was ever brought against the gold "Generations" coin.
Happy collecting!
Edited by Prototype
01/15/2020 9:53 pm
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Replies: 28 / Views: 4,462 |
First Page
Posted 01/11/2020 6:24 pm
