Farouk coins

Discussion in 'US Coins Forum' started by Topo, Apr 25, 2009.

  1. Topo

    Topo New Member

    If a coin was once owned by King Farouk, how would that affect its value?
     
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  3. TheNoost

    TheNoost huldufolk

    Well, most likely they would be hairlined as I'm told he was famous for cleaning his coins. Probably would have some premium depending on the buyer.
     
  4. Topo

    Topo New Member


    Yes, serveral coins were cleaned and lacquered, but several were not.
     
  5. Leadfoot

    Leadfoot there is no spoon

    A Farouk pedigree would add significant value to a coin.
     
  6. jgreenhood

    jgreenhood Senior Member

    LOL, Heck one of them went for over 7 mill but I doubt that because it was his that was the reason. I think it was because it was a 1933 Double eagle.

    Truth be told it doesn't add value to the coin just a neat story.
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I don't know if I agree with this. I wouldn't pay more for it, but I know pedigree is important to a lot of people. So, I'm pretty confident that the coin would be worth more than normal.
     
  8. ldhair

    ldhair Clean Supporter

  9. spock1k

    spock1k King of Hearts

    i dont know but if it was owned by king spock its value would double

    some people pay more for pedigrees others dont

    my advice is to buy the coin not the owners god name that comes with it
     
  10. spock1k

    spock1k King of Hearts

    ill look u up if i ever liquidate any of my coins :D
     
  11. Leadfoot

    Leadfoot there is no spoon

    King Farouk >> King Spock

    ;) :D
     
  12. spock1k

    spock1k King of Hearts

    ill make sure i delete his name from the pedigree. i dont scratch my coins or rub them :D
     
  13. jello

    jello Not Expert★NormL®

    It sure will make your coin sell faster at the larger Coin Auctions
     
  14. jgreenhood

    jgreenhood Senior Member

    I don't know how many were in his collection but a good example of it not being worth extra are the coins from the Atosha. (I have no clue how to spell it correctly, sorry)

    People think cause it was from that ship it's worth more and that they paid so much more for it off the shop at home net work that it should be. But truth be told there were tons of them there fore making it not worth more than any other of that type of coin.
     
  15. byrd740

    byrd740 Numismatist

    Atocha;)
     
  16. Conder101

    Conder101 Numismatist

    I for one would pay a premium with a Farouk pedigree, but I'm not sure how many others woud, and I doubt it would cause them to sell more quickly or for much higher price at auction. The Farouk reputation for cleaning would result in a lot of close scrutiny and much cautious bidding. (The cleaning story is overrated in my opinion Farouk was a collector and really didn't do much if any cleaning. Most of the cleaning was probably done after Farouk went into exile. The catalogers reported that a great many of his coins were still in the shipping packages in which they had been received. They had never been opened. And while reports from those who attended the sale did report some coins being cleaned, they did not seem to stress that with was wide spread. Also many coins which can be traced to Farouk today do not show cleaning. Much more serious and damaging were the lot viewing procedures)
     
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