Denmark 20 Kroner

Netherlands 10 Guilder (not...Denmark 20 Kroner)

A few years ago my Brother-in-Law had some investment coins he wanted to get rid of. The lot included a dozen 1875 Denmark 20 Kroner coins (0.2592 Oz gold). I paid $150 each (a premium at the time). The coins are PCGS slabbed MS-66.

***CORRECTION***
I made a mistake...these are 1875 Netherlands 10 Guilder coins (0.1947 Oz gold content). I appologize for not being more careful. I'll try to do better in the future.
...but I could still use your help if it's still being offered. :bow:
***CORRECTION***

I know nothing about foreign coins and haven't been able to find out anything. Does anyone know if these coins are worth anything over bullion value?

Thanks!

I would post a picture, but I've never gotten around to buying a digital camera.

 

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That's impossible. 20 Kroner was not minted in 1875.

 

If it is 1875 and a Scandinavian coin, check out if it is Norwegian.
Norway and Sweden had the same king in 1875, so you see the difference on the shield on reverse (the Norwegian had a lion carrying an axe.) Also, the Swedish says "kronor", while the Norwegian "kroner".
A 1875 BU Norwegian 20 kroner is worth about 8-900 dollars.

 

Hmm, if the piece is in a slab that says "Denmark" ... Anyway, here is a description and a (tiny) picture of the 20 kroner coin: http://www.royalmint.dk/DKM/UK/Coins.nsf/side/Christian_IX!OpenDocument (click on "20-krone"). Is that it?

Christian

 

bullion gold value for danish gold 20 kroners are selling at around double the price you paid at PCGS MS66 in my opinion

 

I'm terribly sorry everyone...I was working from memory. I dug out the coins and see I made a mistake.

These are PCGS MS66, but they're "Netherlands 10 Guilders" (0.1947 Oz gold content). "KONING WILLEM DE DERDE" and "GOD ZIJ MET ONS" on the Obverse.

I appologize for any inconvenience I caused. I'll try to be more careful in the future.

Under the description on the slab are a series of PCGS serial numbers...

532631.66/5672706

 

It's worth $145

 

http://www.users.bigpond.com/cruzi/Coins/Gold/content.htm?spot=947

I punch in the current spot price for gold ($947) at this site and I see a melt value for this coin @ $184.38. I would think it would have to be at least that much.

I see that there were 3,000,000 of these coins minted and dealers sell AU-BU peices in the $210-$240 range. What I'm trying to learn is...

1) Of the 3,000,000 minted, were any known to have been melted?
2) Were they used primarily as bank reserves or were they actually put into circulation?
3) Is an MS66 a common grade? If not, what type of premium does a PCGS MS66 command?

 

I quoted the 2009 catalog value of the coin in BU grade which is almost equivalent to MS 66 grade.The catalog values don't reflect market values and volatile bullion values are not taken into consideration.
PCGS population report shows 145 of this coin graded MS 66 and 145 in MS 67 so they are no so uncommon. So $185 seems fair for these in my opinion.

 

Thanks a lot for the info! I was afraid they were pretty common...I guess I can't quite my job just yet.

 

I just checked my catalog again and it states that 4,110,000 were minted.

 

yakpoo,

I would say the market value for an 1875 10 gulden is in the $250-$300 for a MS 66/67.

 

Thanks! that's a little better than bullion.

 

I got the 3,000,000 figure from this site...

http://www.taxfreegold.co.uk/1875netherlands10guilders.html

I'm sure your figure is more reliable. Thanks for your help!

 

I wouldn't count on a site that got the header wrong....lol
Check the attached image.