Egypt 1964 10 Gold Pounds

Discussion in 'What's it Worth' started by Regulus, Jul 5, 2004.

  1. Regulus

    Regulus New Member

    Hi!

    Please, give me you feedback on this coin:

    Egypt 1964 10 Gold Pounds - Diversion of the Nile.

    It can be found in Krause's Catalog of Gold Coins or 20th Century.

    Unfortunatly, I have no one of them.

    Thanks a lot, Regulus.

    P.S. Can you tell me if 5 Gold Pounds Coin of this Serie Exists?
     

    Attached Files:

    Regulus, Jul 5, 2004
    #1 + Quote Reply
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. GDJMSP

    GDJMSP Numismatist Moderator

    The KM # for the 10 pound is KM# 409 - value listed as UNC - $675.

    And yes the coin was issued in a 5 pound denomination as well - KM# 408 with value listed as $375 in UNC.
     
    GDJMSP, Jul 5, 2004
    #2 + Quote Reply
  4. Regulus

    Regulus New Member

    Thank you very much for the prompt answer!

    As I'm newbie in this can you tell give me some details about it:
    AGW ?
    Mintage ?

    Thanks again, Regulus.
     
    Regulus, Jul 5, 2004
    #3 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Sorry - should have done that the first time :eek:

    The 10 pound - mintage is 2,000. The coin was struck in .8750 gold with an AGW of 1.4360 oz.Overall weight is 52 gm.

    The 5 pound mintage is not listed. It was also struck in .8750 gold with an AGW of .7315 oz. Overall weight is 26 gm.

    The design on both coins is the same.
     
    GDJMSP, Jul 5, 2004
    #4 + Quote Reply
  6. Regulus

    Regulus New Member

    Thanks again :)

    Now comes stupid question...
    If the Gold price of coin ~$600. And the mintage so low ( 2000 pieces )
    Why it prices as $675 only?
     
    Regulus, Jul 5, 2004
    #5 + Quote Reply
  7. satootoko

    satootoko Retired

    First, welcome to the forum Regulus.
    Second, the ony stupid question is the one not asked.
    Third, welcome to the wonderful world of world coins, where you don't have to be a millionaire to assemble an extremely nice collection.

    Coin values are a function of supply and demand. Even though the supply may be very small (how many of the 2,000 are actually in the trading pool?), if the demand isn't high, neither is the price. (Condition is important only to the extent that it affects those factors. The higher the condition generally the lower the supply and the greater the demand - although that is probably an oversimplification.
     
    satootoko, Jul 5, 2004
    #6 + Quote Reply
  8. GDJMSP

    GDJMSP Numismatist Moderator

    It should also be noted that the values listed in Krause are often grossly inaccurate. Sometimes they are way too high - sometimes they are way too low. But it's all we have to go by for a published price guide.

    Myself - I prefer to gauge values for world coinage based on my own experience and realized prices from auctions. But it's pretty hard to do that with every coin there is from every country there is - especially when you consider it includes mintages from the past 500 yrs :eek:
     
    GDJMSP, Jul 5, 2004
    #7 + Quote Reply
  9. Regulus

    Regulus New Member

    Thanks a lot, guys!
     
    Regulus, Jul 6, 2004
    #8 + Quote Reply
Draft saved Draft deleted

Share This Page