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<p>[QUOTE=&quot;scottishmoney, post: 430609, member: 12789&quot;]Francly(sorry for the pun) a lot of the earlier coins are not graded because they are usually held by collectors in Europe.&nbsp; The earlier Helvetia coins are not collected as avidly in N. America as they are in Europe, and they tend to have a premium value to collectors that is in excess over melt value:</p><p><br /></p><p><img src="http://www.geocities.com/scottishmoney/europegold/helvetia1886.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The later &quot;Swiss Miss&quot; coins especially the 1935 and 1940&#039;s coins are defined as bullion because they were not created for coinage like this one:</p><p><br /></p><p><img src="http://www.geocities.com/scottishmoney/europegold/swiss191020chf.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>These earlier coins are usually numismatic, especially in high grade, and are not traded like bullion and largely not going to N. America to be graded.&nbsp; These two examples went to N. America to be loved and adored by their Master&#039;s Golden Lovelies Harem.[/QUOTE]</p><p><br /></p>

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