| Author |
 Replies: 11 / Views: 3,981 |
|
|
Pillar of the Community
Egypt
3470 Posts |
Hi all, Krause "33rd Edition" has listed the Sultan Fuad 20 Piasters Silver coin as; KM# 328 20 PIASTRES 28.0000 g., 0.8330 Silver .7499 oz. ASW Date AH 1338-1920H Rare Mintage 2 It is classified as rare coin because of its low mintage number (2)!?, I asked a dealer here in Egypt about the mintage number and he said that it is not "2" as krause mentioned but "14"  Well, whether 2 or 14 I see that this is a very low number and the dealer didnt know why two coins or even fourteen coins were only minted?  I couldnt find anything on the net about this issue? Anyone could help please. Edited by EgCollector
02/15/2009 10:33 am
|
|
|
|
Pillar of the Community
 Egypt
3470 Posts |
This is the pic that krause has for this coin, I couldnt find any pics on the net for this coin;  |
|
Moderator
 United States
6563 Posts |
Possibly could have melted down all but 2 after initial mintage. I'm still leaning towards a typo issue but it does have the word "Rare" next to it. I'm using 33rd Edition. Anyone with older versions find any different results or possible footnotes?
|
|
Pillar of the Community
United States
645 Posts |
27th edition doesn't list a mintage but says 2 known
Possibly a presentation/trial piece or an unauthorized strike by a mint employee?
|
|
Pillar of the Community
United States
5318 Posts |
Quote:he said that it is not "2" as krause mentioned but "14" My 35th Edition Krause says the same thing--2, but I'm sure an Egyptian dealer is more accurate. 2 or 14 is pretty rare! Now I'm curious...did you find one of these coins?  |
|
Pillar of the Community
Egypt
3470 Posts |
Quote:Now I'm curious...did you find one of these coins? actually two of them,..... one in the Egyptian coin museum and the other is said to be in Uk |
|
Pillar of the Community
Poland
3201 Posts |
23rd Edition says Quote:
KM#328 AH 1338 1920H 2 known - Rare - So they changed it from the earlier "2 known" to "Mintage 2". |
|
Pillar of the Community
Egypt
3470 Posts |
Quote:
Anyone with older versions find any different results or possible footnotes? I met a dealer yesterday; he said that the new catalogs list the mintage number as 2 because these are the only coins with a known location (one in the Egyptian coin museum and the other is in Uk), but older catalogs state them as 5. He is pretty sure of the number. Regarding why this coin has a very low mintage number, he said that these coins were minted with the name of Sultan Fuad on it, but Egypt changed to a Kingdom and hence the name of Fuad became King Fuad before the release of these coins. So the coins were remelted except for those 2, 5 or 14 !! coins I dont know if any of this is true, and would appreciate any info or comment. |
|
Pillar of the Community
Egypt
3470 Posts |
Quote:
23rd Edition says
Quote:
KM#328 AH 1338 1920H 2 known - Rare -
So they changed it from the earlier "2 known" to "Mintage 2". I think this supports his story regarding that they are not 2 minted but two known. |
|
Pillar of the Community
United Kingdom
1077 Posts |
That is in an older edition. It looks as though in updating Krause they did away with the word "known" possibly to do with standardising the minatge figures, or whatever, and in so doing they made it less correct.
It could have been at the time of the 23rd Edition, or some time before that, there were 2 known. But now there are 14. Krause has just not kept up with developments.
I would imagine your Egyptian dealer is a lot more accurate than Krause.
|
|
Pillar of the Community
United States
1691 Posts |
maybe its #2 on the rarity scale....the higher the number, the greater the rarity?
|
|
Pillar of the Community
Egypt
3470 Posts |
Quote:
maybe its #2 on the rarity scale....the higher the number, the greater the rarity? I didnt know that there is a rarity scale in krause, I have the 1900-present "33rd Edition" 2006. Where can I find this scale in my krause? |
| |
Replies: 11 / Views: 3,981 |
|
Posted 02/14/2009 08:29 am
