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 Replies: 25 / Views: 2,128 |
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Pillar of the Community
United States
3499 Posts |
I just received this as a gift from a family friend. I see in my Krause that there are two versions of this coin, one of which is the normal BU and the other being a "special select" BU. I know that this is quite esoteric, but does anyone know what the difference may be between these two states of the coin? Also, I have noticed that the plastic wrap of this coin is starting to yellow. Is this indicative of the plastic containing materials harmful to the coin? Thanks! Image:  Spain12EurosCommem2002obv2.jpg71.54 KB Image: Spain12EurosCommem2002rev2.jpg71.46 KB |
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Pillar of the Community
United States
3098 Posts |
Where's ManilaGalleon? He's the expert on this  Bumped so ManilaGalleon can see this Edited by wd1040
12/17/2008 7:45 pm
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Pillar of the Community
Spain
1361 Posts |
I don't have my Krause catalog on hand but these coins come in BU (the one you have) and BU in numbered mint pack (the first 30,000 minted if my memory is correct). About the plastic, I don't know if it has any warmful harmful chemicals but since your coin is silver and is 7 years old and still good in the plastic I think it's better inside the plastic than outside.
Edited by manila galleon trade
12/17/2008 11:26 pm
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Pillar of the Community
 United States
3499 Posts |
manilagalleontrade- ah, thanks! So this means that all of the normal BUs came in this type of plastic?
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Pillar of the Community
Spain
1361 Posts |
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Moderator
 Australia
16832 Posts |
Quote:
Also, I have noticed that the plastic wrap of this coin is starting to yellow. Is this indicative of the plastic containing materials harmful to the coin? Yellowing plastic shouldn't hurt the coin directly, but it is a sign that the plastic is degrading. The plastic may have become weaker and more brittle than it originally was, leaving it more prone to cracking and puncturing under stress, which would let air in and cause spotty, uneven tarnishing. But as long as you don't place unnecessary stress on the plastic, it should continue to do a good job of protecting the coin for many more years yet. 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
3499 Posts |
Sap- Thanks!
I just wonder why they bothered to wrap an individual coin in plastic rather than put it in some sort of an airtight. I guess that the plastic wrap was just a cheaper way to seal it.
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Pillar of the Community
Spain
1361 Posts |
Airtight capsules are for mintage that are fewer than 50,000. These 12 euros have a mintage of 2,000,000 to 4,000,000
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Pillar of the Community
United States
3499 Posts |
manilagalleontrade- well, my Krause says that the Special Select have a mintage of 25,000 and the normal BUs have a mintage of 1,500,000. Is it possible that the Krause Standard Catalog is wrong? (It is true that the Don Quixote commemorative did have a mintage of 4 million).
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Pillar of the Community
Spain
1361 Posts |
Archraz, my mintage is not official mine was just an estimate base on what I remember more or less as I don't have any catalog on hand. But the 25,000 is the first 25,000 of 1,500,000. I didn't do bad with 30,000 and 2,000,000. Did I? Edited by manila galleon trade
12/17/2008 11:51 pm
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Pillar of the Community
United States
3098 Posts |
I have a question: Since the intrinsic silver content is less than its face value, do you just exchange 12 Euros for each or do you have to buy it with more?  |
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Pillar of the Community
United States
3499 Posts |
wd1040- This coin is a non-circulating commemorative coin, so I imagine that the person who bought it for me paid more than 12 euros for it. My Krause says that the normal BU version is worth $25, but the Special Select is worth $30.
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Pillar of the Community
Spain
1361 Posts |
The previous year coins you won't find anymore in the banks. You will have to buy it at a higher price. Each bank branch will only have 10 to 20 pcs for their special clients which you can buy at face value. After that they all return it to the mint to sell it to the public at a higher price. If the mint has sold it all, then you will have to buy it at coins store for more money.
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Pillar of the Community
Spain
1361 Posts |
By the wat these 12 euro coins are legal tender. you can spend it but it is very rare in circulation. People who get itin circulation keeps it or gives it back to the bank.
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Pillar of the Community
United States
3499 Posts |
manilagalleontrade- really people do spend these on occasion?! Weird.
I must admit that I have made a few trips to Spain in recent years and have noticed that it really is hard to find unusual coins in circulation. Yes, I realize that the Euro has only been produced for about 9 years now, but it seems that lower mintage years of every denomination are not to be found in circulation.
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Pillar of the Community
Spain
1361 Posts |
yes, that is true. Even the commemorative 2 euros are hard to find. 2 euros have a maximum mintage of 200,000,000, while the commemorative have a low mintage of 4M to 8,000,000. But you have to take in consideration that spanish euros is not only collected by spanish collectors, but the whole of europe, not to mention other parts of the world, so 4M is not enough.
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Replies: 25 / Views: 2,128 |
Spain12EurosCommem2002obv2.jpg
Spain12EurosCommem2002rev2.jpg
Posted 12/17/2008 9:33 pm
