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<p>[QUOTE="physics-fan3.14, post: 5542205, member: 19165"]Think about it like this - sure, gold is gold. Gold coins are always going to be more valuable than silver. </p><p><br /></p><p>But, you want to know what other coin has a pop census of 5? </p><p><br /></p><p>Your favorite 1927D St. Gaudens. </p><p><br /></p><p>You think you're ever going to get one of those for $700? </p><p><br /></p><p>It has to do with demand - Sure, there might only be 5 of my coin known, but there's also only 5 or 6 people that want it. </p><p><b><br /></b></p><p><b><br /></b></p><p><br /></p><p>Well, of course the coin "existed." It just wasn't published or cataloged until about 30 years ago. It was actually struck during the US Civil War. </p><p><br /></p><p>The demand is coming from collectors of hammered/medieval Moroccan coinage, and especially date collectors of Moroccan gold hammered coinage. There aren't many collectors of such... </p><p><br /></p><p>The coin is listed in Krause as "rare" with no other info. To get more info, you have to buy a very, very specialized 3 volume set of books (in french) which catalogue the Moroccan coinage of the era. Not many people interested in this sort of thing. </p><p><br /></p><p><br /></p><p><br /></p><p>Morocco, 1860. Called a "benduqi". Thread about it here: <a href="https://www.cointalk.com/threads/when-krause-just-says-rare.320748/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/when-krause-just-says-rare.320748/">https://www.cointalk.com/threads/when-krause-just-says-rare.320748/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 5542205, member: 19165"]Think about it like this - sure, gold is gold. Gold coins are always going to be more valuable than silver. But, you want to know what other coin has a pop census of 5? Your favorite 1927D St. Gaudens. You think you're ever going to get one of those for $700? It has to do with demand - Sure, there might only be 5 of my coin known, but there's also only 5 or 6 people that want it. [B] [/B] Well, of course the coin "existed." It just wasn't published or cataloged until about 30 years ago. It was actually struck during the US Civil War. The demand is coming from collectors of hammered/medieval Moroccan coinage, and especially date collectors of Moroccan gold hammered coinage. There aren't many collectors of such... The coin is listed in Krause as "rare" with no other info. To get more info, you have to buy a very, very specialized 3 volume set of books (in french) which catalogue the Moroccan coinage of the era. Not many people interested in this sort of thing. [B][I][/I][/B] Morocco, 1860. Called a "benduqi". Thread about it here: [URL]https://www.cointalk.com/threads/when-krause-just-says-rare.320748/[/URL][/QUOTE]
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