Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
AN 1879 ULYSSES S. GRANT PARADE TOKEN, IT'S GOLD!
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 3526757, member: 101855"]I’m not so sure about the investment part. First, as you said, it is a piece of exonumia. In the world of U.S. coins, $16,000 is not that much money, but for a token, medal and campaign piece, it's a fortune. The number of interested collectors is limited and some them are not high rollers.</p><p><br /></p><p>I have an extensive collection of tokens and medals, but off the top of my head I can only think of one instance where I spent a five figure amount for one piece. That was for a 1905 Theodore Roosevelt inaugural medal that was designed by Augustus St. Gaudens. The mintage on that piece is 125 in bronze and the reverse features an eagle that is very similar to the one that appears on the Indian $10 gold piece. It's one of the top two or three presidential inaugural medals. In other words it's a key item in a popular series.</p><p><br /></p><p>Second, I might be different from some collectors, but I'm more interested in pieces that actually may have been used in a presidential campaign than an off-metal, like this piece. Many of the off-metal piece (in this case something other than copper) were made for collectors "back in the day" or for VIPs.</p><p><br /></p><p>This piece could be a big deal if it was one that was given to Grant. In that case it might rate a very high price, but there are no claims here that Grant was a former owner or recipiant.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3526757, member: 101855"]I’m not so sure about the investment part. First, as you said, it is a piece of exonumia. In the world of U.S. coins, $16,000 is not that much money, but for a token, medal and campaign piece, it's a fortune. The number of interested collectors is limited and some them are not high rollers. I have an extensive collection of tokens and medals, but off the top of my head I can only think of one instance where I spent a five figure amount for one piece. That was for a 1905 Theodore Roosevelt inaugural medal that was designed by Augustus St. Gaudens. The mintage on that piece is 125 in bronze and the reverse features an eagle that is very similar to the one that appears on the Indian $10 gold piece. It's one of the top two or three presidential inaugural medals. In other words it's a key item in a popular series. Second, I might be different from some collectors, but I'm more interested in pieces that actually may have been used in a presidential campaign than an off-metal, like this piece. Many of the off-metal piece (in this case something other than copper) were made for collectors "back in the day" or for VIPs. This piece could be a big deal if it was one that was given to Grant. In that case it might rate a very high price, but there are no claims here that Grant was a former owner or recipiant.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
AN 1879 ULYSSES S. GRANT PARADE TOKEN, IT'S GOLD!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...