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New to coins, plz comment on this 1911 St Gaudens
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<p>[QUOTE="SuperDave, post: 2707873, member: 1892"]On its' own it's a damaged example, albeit #12 out of 51 on the scale of lowest mintages in the series. It wouldn't fetch a whole lot more than the intrinsic metal value, sold as a coin.</p><p><br /></p><p>But, the same event which caused it to be "damaged" is also the reason why it becomes an object of desire. In the bezel, it's not just a coin, it's a <b>story</b>. It was a prized possession, something the owner only wore on important occasions. If we can assume the bezel is gold - as it likely is; you wouldn't wrap a heavy gold coin in colored base metal - then there's also a whole lot more precious metal involved.</p><p><br /></p><p>We don't care for new creations of this type using old coins, but the fact stands that it was done in the past and those creations are many times (as in this case) worth more than the sum of their parts. This is a really_cool_thing, and if finances allowed I'd be a highly interested buyer for something similar.[/QUOTE]</p><p><br /></p>
[QUOTE="SuperDave, post: 2707873, member: 1892"]On its' own it's a damaged example, albeit #12 out of 51 on the scale of lowest mintages in the series. It wouldn't fetch a whole lot more than the intrinsic metal value, sold as a coin. But, the same event which caused it to be "damaged" is also the reason why it becomes an object of desire. In the bezel, it's not just a coin, it's a [B]story[/B]. It was a prized possession, something the owner only wore on important occasions. If we can assume the bezel is gold - as it likely is; you wouldn't wrap a heavy gold coin in colored base metal - then there's also a whole lot more precious metal involved. We don't care for new creations of this type using old coins, but the fact stands that it was done in the past and those creations are many times (as in this case) worth more than the sum of their parts. This is a really_cool_thing, and if finances allowed I'd be a highly interested buyer for something similar.[/QUOTE]
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New to coins, plz comment on this 1911 St Gaudens
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