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Rare Gold Coin Found in Salvation Kettle
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<p>[QUOTE="lordmarcovan, post: 5252211, member: 10461"]Like [USER=27832]@-jeffB[/USER] said, it's "rare" in terms of what is usually found in a donation bucket, that's all. Not rare in the general sense.</p><p><i><br /></i></p><p><i>Valuable</i>, yes, due to the gold content, but not "rare". They struck 645,500 Austrian Philharmonic 1-ounce coins in 1995. Which isn't an astronomically high mintage, but not really low, either.</p><p><br /></p><p>The press and general public generally tend to miss the distinction between what's actually <i>rare</i>, and what is merely <i>valuable</i>. But I suppose they can be forgiven for that. At least this story reported the value accurately.</p><p><br /></p><p>Regardless, it's a nice donation. Sure, the SA has to go through extra trouble to auction it or sell it to see the proceeds, but that's $1,856.95 worth of gold at today's spot price, so it's worth the hassle for them.[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 5252211, member: 10461"]Like [USER=27832]@-jeffB[/USER] said, it's "rare" in terms of what is usually found in a donation bucket, that's all. Not rare in the general sense. [I] Valuable[/I], yes, due to the gold content, but not "rare". They struck 645,500 Austrian Philharmonic 1-ounce coins in 1995. Which isn't an astronomically high mintage, but not really low, either. The press and general public generally tend to miss the distinction between what's actually [I]rare[/I], and what is merely [I]valuable[/I]. But I suppose they can be forgiven for that. At least this story reported the value accurately. Regardless, it's a nice donation. Sure, the SA has to go through extra trouble to auction it or sell it to see the proceeds, but that's $1,856.95 worth of gold at today's spot price, so it's worth the hassle for them.[/QUOTE]
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