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2018 LordM Newp #1 (India, Mysore gold fanam)
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<p>[QUOTE="lordmarcovan, post: 2958313, member: 10461"]Whoops! My first newp of 2018!</p><p><br /></p><p><font size="3">("Newp"= <i>new purchase</i>, if you were wondering.)</font></p><p><br /></p><p>I say "whoops" because this was an impulse buy. Not <i>competely</i>- I mean, it was already in my VCoins watchlist- but it was one of those, "<i>Hey, that just went on sale, and I've got almost exactly that much in PayPal!"</i> kind of moments.</p><p><br /></p><p><font size="6"><b>India, Mysore. Tipu Sultan. AV Fanam. Patan Mint, AH1200</b></font></p><p><a href="https://images.vcoins.com/product_image/94/W/6/wF5M2eBYLD7ny4TSHr3Xp89ADY9g6b.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://images.vcoins.com/product_image/94/W/6/wF5M2eBYLD7ny4TSHr3Xp89ADY9g6b.jpg" rel="nofollow"><img src="https://images.vcoins.com/product_image/94/W/6/wF5M2eBYLD7ny4TSHr3Xp89ADY9g6b.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p><p><b><br /></b></p><p><b>Reign</b> Tipu Sultan (1782-1799)</p><p><b>Denomination</b> AV Fanam</p><p><b>Date Struck</b> AH1200 (1786)</p><p><b>Mint</b> India, Independent Kingdom of Mysore, Patan.</p><p><b>Weight</b> 0.30 g</p><p><b>Diameter</b> 6 mm</p><p><b>Reference</b> Mitchiner 984; KM#128.1</p><p><b>Grade</b> XF</p><p><br /></p><p><br /></p><p><b>Let's cover the main reasons this one appealed to me:</b></p><ul> <li>Hello? It's GOLD. Need I say any more? <font size="3"> (Probably not, but of course I will...)</font></li> <li>And it's OLD gold, clocking in at 232 years old this year.</li> <li>It has a cool ethnographic design which reminds me of some ancient Celtic and Anglo-Saxon coins.</li> <li>I wanted something Indian in my collection that wasn't British colonial. <font size="3">(And I can't afford one of those gold "elephant" pagodas just yet. Perhaps [USER=77704]@panzerman[/USER] or someone else will have one of those for us to ogle.)</font></li> <li>It has a clear date on the coin, which I'm not accustomed to seeing on gold fanams.</li> <li>It is from a famous and colorful ruler. I first read of <a href="https://en.m.wikipedia.org/wiki/Tipu_Sultan" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.m.wikipedia.org/wiki/Tipu_Sultan" rel="nofollow">Tipu Sultan</a> and his fierce fight against the British in Bernard Cornwell's historical novel, <i><a href="https://en.m.wikipedia.org/wiki/Sharpe%27s_Tiger" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.m.wikipedia.org/wiki/Sharpe%27s_Tiger" rel="nofollow">Sharpe's Tiger</a></i>.</li> <li>Best of all, it was on sale for... <i>less than fifty bucks.</i></li> </ul><p><br /></p><p><b>For balance, let's cover the downside:</b></p><ul> <li>It is exceedingly tiny, at 6 millimeters. Hey, how else do you think I'd get a gold coin from the late 1700s for <i>less than fifty bucks</i>? But it is SO tiny that its size actually has some novelty appeal. Gold fanams are often referred to as the "world's smallest gold coin". So the tiny size is both plus and minus.</li> <li>I bought it from a seller in Europe and the only shipping option available was somewhat expensive, stretching the net price after fees to $64.56 USD, which still doesn't seem so awful to me.</li> <li>To join my Eclectic Box collection on any kind of "permanent" basis, this one will eventually need to go off to PCGS for certification, which will bring my ultimate investment in it up towards the $100 range, for a coin that catalogs for only <a href="https://www.ngccoin.com/price-guide/world/india-independent-kingdoms-mysore-fanam-km-128.1-1197-1223-cuid-1150718-duid-1490840" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/price-guide/world/india-independent-kingdoms-mysore-fanam-km-128.1-1197-1223-cuid-1150718-duid-1490840" rel="nofollow">$50 in XF</a>. But it might grade higher than XF. Who knows.</li> <li>Also, as of this writing, I'm not 100% certain PCGS <i>will</i> grade these, though I think I might have seen some slabbed before. And I wonder what kind of insert they'll use inside the slab to encapsulate a teeny-tiny 6-mm coin- if they do. I think I'm willing to give all that a try, though I should do some web research first.</li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 2958313, member: 10461"]Whoops! My first newp of 2018! [SIZE=3]("Newp"= [I]new purchase[/I], if you were wondering.)[/SIZE] I say "whoops" because this was an impulse buy. Not [I]competely[/I]- I mean, it was already in my VCoins watchlist- but it was one of those, "[I]Hey, that just went on sale, and I've got almost exactly that much in PayPal!"[/I] kind of moments. [SIZE=6][B]India, Mysore. Tipu Sultan. AV Fanam. Patan Mint, AH1200[/B][/SIZE] [URL='https://images.vcoins.com/product_image/94/W/6/wF5M2eBYLD7ny4TSHr3Xp89ADY9g6b.jpg'][IMG]https://images.vcoins.com/product_image/94/W/6/wF5M2eBYLD7ny4TSHr3Xp89ADY9g6b.jpg[/IMG][/URL] [B] Reign[/B] Tipu Sultan (1782-1799) [B]Denomination[/B] AV Fanam [B]Date Struck[/B] AH1200 (1786) [B]Mint[/B] India, Independent Kingdom of Mysore, Patan. [B]Weight[/B] 0.30 g [B]Diameter[/B] 6 mm [B]Reference[/B] Mitchiner 984; KM#128.1 [B]Grade[/B] XF [B]Let's cover the main reasons this one appealed to me:[/B] [LIST] [*]Hello? It's GOLD. Need I say any more? [SIZE=3] (Probably not, but of course I will...)[/SIZE] [*]And it's OLD gold, clocking in at 232 years old this year. [*]It has a cool ethnographic design which reminds me of some ancient Celtic and Anglo-Saxon coins. [*]I wanted something Indian in my collection that wasn't British colonial. [SIZE=3](And I can't afford one of those gold "elephant" pagodas just yet. Perhaps [USER=77704]@panzerman[/USER] or someone else will have one of those for us to ogle.)[/SIZE] [*]It has a clear date on the coin, which I'm not accustomed to seeing on gold fanams. [*]It is from a famous and colorful ruler. I first read of [URL='https://en.m.wikipedia.org/wiki/Tipu_Sultan']Tipu Sultan[/URL] and his fierce fight against the British in Bernard Cornwell's historical novel, [I][URL='https://en.m.wikipedia.org/wiki/Sharpe%27s_Tiger']Sharpe's Tiger[/URL][/I]. [*]Best of all, it was on sale for... [I]less than fifty bucks.[/I] [/LIST] [B]For balance, let's cover the downside:[/B] [LIST] [*]It is exceedingly tiny, at 6 millimeters. Hey, how else do you think I'd get a gold coin from the late 1700s for [I]less than fifty bucks[/I]? But it is SO tiny that its size actually has some novelty appeal. Gold fanams are often referred to as the "world's smallest gold coin". So the tiny size is both plus and minus. [*]I bought it from a seller in Europe and the only shipping option available was somewhat expensive, stretching the net price after fees to $64.56 USD, which still doesn't seem so awful to me. [*]To join my Eclectic Box collection on any kind of "permanent" basis, this one will eventually need to go off to PCGS for certification, which will bring my ultimate investment in it up towards the $100 range, for a coin that catalogs for only [URL='https://www.ngccoin.com/price-guide/world/india-independent-kingdoms-mysore-fanam-km-128.1-1197-1223-cuid-1150718-duid-1490840']$50 in XF[/URL]. But it might grade higher than XF. Who knows. [*]Also, as of this writing, I'm not 100% certain PCGS [I]will[/I] grade these, though I think I might have seen some slabbed before. And I wonder what kind of insert they'll use inside the slab to encapsulate a teeny-tiny 6-mm coin- if they do. I think I'm willing to give all that a try, though I should do some web research first. [/LIST][/QUOTE]
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2018 LordM Newp #1 (India, Mysore gold fanam)
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