Penny Fanatic

Just went to my local coin store and was lookin through a box of bargins, found a 'coin'; looked like a piece of fuzz or a pebble to me but it was a coin, so says the NNC. The slab said 11-13th century, Indian, 1/10 gold Fanam, smallest gold coin. Its price was $39 and it was graded by the NNC.

Your thoughts on this? Should I buy? (Its gold! )

Thanks

Found a pic online, the one I ran across wand more of an oval not this circular.

http://images.google.com/imgres?imgu...icial%26um%3D1

(v)

Forget about the NNC grade/graded coins and buy on raw on ebay for $10-15.

Penny Fanatic

so they would be worth getting? and how would one be certain if it were real, because its sooo tiny

stainless

Lots of fakes...and hard to detect. I'd suggest not.


stainless

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Will trade coins for cake recipes.

Penny Fanatic

Thats what I was worried about; so would the NNC graded one be worth it or give it up?

stainless

NNC isn't a reputable company so take their opinion with a grain of salt.

stainless

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Will trade coins for cake recipes.

fretboard

I really don't think that type of a gold coin would be pleasing to anyone. Even if that was all I had enough to buy I still wouldn't buy it. I suggest you wait until December 09 until the American Gold Eagle coins go on sale from the US mint and buy a 1/10 from them. If you don't want US gold then you can buy a Panda from China or a dos pesos coin off of ebay or a coin store. India also has a 1918 full sovereign that was minted but they are quite pricey. I've seen these Farnams at a coin show once and ppl were passing them up in droves with a vengence. good luck with your gold hunt.

Penny Fanatic

Hahaha, thank you all for all of your insight!