To buy or not to buy thats the question

Discussion in 'World Coins' started by itsallngoodtime, Sep 4, 2009.

  1. itsallngoodtime

    itsallngoodtime Beachhunter

    I've been watching this for a couple of days and want to see if all of you think it's worth buying it'a at $138.50 with acouple of days left. It'sGermany Saxony Augsburg Confession 1630 Ducat Gold Coin it looks like its been through some ruff times but still it's gold and 379 years old and I want it, so what do you think and yes it's on ebay and ungraded.

    Thanks Bob
     

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  3. Zohar444

    Zohar444 Member

    I would wait for a better piece.
     
  4. silvereagle82

    silvereagle82 World Gold Collector

    The numismatic book value of this coin in a gradeable VF condition is about $750 ... EF is $1500.
    The bullion value of this coin is approx. $100-110


    With that said here's my 2cents worth...
    The coin has numismatic quality problems:
    1) This coin is appears polished to me and it is has been defaced with grafetti (the initials scratched on the reverse).
    2) the flan is very wavy if not bent
    Because of these problems the numimatic value should be significantly discounted.

    The current bid is approx. $158 with 2 days to go. It is still way to early and I would rest assured the bids will be going higher .. how high I have no clue.

    Not knowing your collection standards ... if your looking for a gold coin without problems ... avoid this coin. If you like the design and your not concerned about owning a nice coin (the strike is very nice, it has a very historical background, 379 years old) with "problems" you can consider it ... the worth = $200-300 ????

    Would I buy it ............ NO !! But ultimately it will be your coin and your the only person that needs to be satisfied :hug:
     
  5. itsallngoodtime

    itsallngoodtime Beachhunter

    Thanks I'll just stay away from this one and wait.
    Bob
     
  6. silvereagle82

    silvereagle82 World Gold Collector

    Sold for $754 .....
    I figure at 50% of the numismatic value ($1500).

    Was it worth it ??? ...... I still say no, but what do I know :eek:
     
  7. 900fine

    900fine doggone it people like me

    Is it authentic ? E-bay + uncertified = possible red flag

    Seem like nice photos, though.
     
  8. Ripley

    Ripley Senior Member

    Buy it Bob...Its not not much more than meltdown, and it is kinda funky. Traci :eek:
     
  9. silvereagle82

    silvereagle82 World Gold Collector

    Traci Traci Traci :desk:
     
  10. Ripley

    Ripley Senior Member

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