Good evening folks, Before I start I would like to tell you that I have heard of this coin and searched for the owner trough hearsay but was never able to find out who owned it. It is rare the only one I have heard of and I would LOVE to own it but the price is just out of this world and makes no sense at all. http://www.skanfil.no/LotDetail.aspx?l=LOT/1076589 The asking price for this error 1500 UDS. The market for Icelandic errors is small and the prices are not that high at all. Now I own the laregst most complete set of Icelandic errors and I would pay alot for this coin but 1500 is just viking nuts Siggi
Make him an offer and see if he bites. If nothing else, you might start the negotiations. Honestly, despite the fact that $1500 is a lot of money for an error, if it is that rare, then it might really be worth that much. If you look on Fred Weinberg's site, you will see a lot of error coins in the 4-figure range. Chris
Nice, but I agree with you Siggi. That seems steep based on what you say about Icelandic coins and their collectableness (# of collectors vs # of coins) and errors are actually a smaller part of collecting anyways. Maybe you can wait it out and see if it sells. If it does, then maybe there is a collector base for it that would support this price, and if it doesn't then maybe it will come up for auction at a much lower price.
Siggi, I think the best course of action is to contact the seller with your best offer and state your interest in purchasing the coin. Also, it would not hurt to mention the extent of your collection. I know from reading some of your past posts you may have a coin of interest that could be traded with a small cash exchange. Just my two kronur. :thumb:
OK it is about 1 gram heavy. Sounds like they ran a coil of strip slightly thick. In that case there would probably be others out there as well. (Like the US 1970 thick dimes struck on quarter stock or the thin quarters struck on dime stock.)
Good advice from others Siggi...make an offer and see what happens. If you don't want to pay what he's asking for then maybe you can get him to come down to an acceptable price. Nothing to lose my friend. Keep us posted. Bruce
