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 Replies: 22 / Views: 16,436 |
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Valued Member
United States
270 Posts |
What does it mean when they say a coin is a restrike coin?
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Bedrock of the Community
United States
14454 Posts |
its usually a coin that was struck using original dies, some of them were re struck by the US Mint from my understanding, but it could also be like a tribute coin that has absolutely no numismatic value at all. I will be watching this thread to see what everyone else says because I think I just confused myself  Edited by Bryan1315
11/28/2006 8:06 pm
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Valued Member
 United States
270 Posts |
are they the same value, or does it reduce the value?
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Bedrock of the Community
United States
14454 Posts |
I have seen some restrikes slabbed by NGC and ANACS but I would think a restrike would be worth less than an original because there has to be some sort of reason they restruck them like a shortage of coins for demand and the fact it was usually restruck a few years after the originals even though it has the same date
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Pillar of the Community
United States
7123 Posts |
What is the coin that you are looking at ? That info will help us determine if its a tribute or an actual restrike like the confederate cents .
Rick
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Valued Member
United States
270 Posts |
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Pillar of the Community
United States
954 Posts |
The restrikes I know about are on foreign coins. The Maria Teresa bullion coins all say 1780, they were not minted in 1780, but they all have that date. They sell for around $10, an original one would likely be 10x that.
There is a 1915 gold Ducat that is also a restrike.
Do you have any particular coin in mind? Maybe we could help better if we knew for certain what coin you are talking about.
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Valued Member
United States
270 Posts |
the coin is on the web link I listed a little earlier.
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Pillar of the Community
United States
954 Posts |
Boy, I'm way too slow..  I think your restrike is a copy. I think one of us should ask the seller a question.  |
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Valued Member
United States
270 Posts |
i was thinking that it was a copy, the books say that there was only 500 1861 Confederate Half Dollars and should be valued no less that 2000$. so to see it for 1$ seemed off but then I hadnt heard of the word restrike before so I figured id ask you all to see if anyone could tell me
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Pillar of the Community
Australia
3831 Posts |
I disagree. This is from my opinion of Russian numismatics, which is often termed Novodel.
During the late 19th centuries, Russian coin collectors desired high quality coins that cannot be found in circulation easily. Most importantly, restruck coins of impossible grade coins were struck, such as proof coins of 1700s, which is not possible with the early technology until the 1800s, where the striking technology have improved dramatically.
To say that they are worth less is definately wrong as there are some restruck coins that are actually virtually impossible to find in originals.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
Belgium
2078 Posts |
A restrike is a coin that has been struck on a date later then the date on the coin . Official dies are used . There may or may not be an original of the restrike year and you need an original coin and a restrike coin side by side and an expert to tell you the subtle differences (unless of course that year is all restrikes ) Famous examples of restrike years in gold 4 Ducat waferthin Austrian Frans Joseph 1915 ( still made today I understand ) 100 Korona 1908 Hungary 100 Kronen 1915 Austria 50 Mexican pesos 1947 20 FF Marianne Rooster all dates 1907 till 1914  Normally these restrikes will sell at the price of gold since they are made according to the original specifications on official dies Many people sell them marked original because they are of the right gold content which is not correct |
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Pillar of the Community
Belgium
2078 Posts |
One of the most beautifull restrikes is the 1908 100 Korona from Hungary Notice the broken cross on top of the crown There is a story somebody dropped the cronw and the cross is really crooked ( another source says the designer just ran out of space )  |
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Valued Member
United States
270 Posts |
wow thats really pretty looking
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Pillar of the Community
Belgium
2078 Posts |
quote:
Originally posted by imanangel0686
wow thats really pretty looking
Yes I personally think it is the most beautifull coin money can buy for melt If you are willng to pay a premium I still love the St Gaudens  |
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Bedrock of the Community
United States
14454 Posts |
I know some old US copper coins were restruck also so wasn't all foreign coins
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Replies: 22 / Views: 16,436 |
Posted 11/28/2006 8:01 pm
