I have a coin which I beleive is gold. It is dated 1973 and has the inscription " 1 ounce fynegoud / fingold " written on the back. On the front is the picture of a man's head and it also says "krugerrand"
Is it worth anything and who would I sell it to if they were interersted?
2007-11-13 11:54:44 · 7 answers · asked by Anonymous in Games & Recreation ➔ Hobbies & Crafts
1 - Take your coin to a local coin dealer (trustworthy ones can be found - shop around). It never hurts to get a second opinion. They will be able to tell you so much more by evaluation the condition of the coins. They will also know the amount minted and what it is going for in today's market.
2 - Try posting pictures on this website (there are many experts here that can help you evaluate it - there also may be people willing to buy if you are trying to sell):
http://www.coincommunity.com/forum/default.asp
3 - Repost this question and include pictures. You can use websites like http://www.photobucket.com and include the link in your question.
Good luck!
P.S. You should not clean your coins. Most coin collectors see cleaning a coin as the equivalent of stripping down antique furniture and refinishing it.
When cleaning, the surface metal of the coin is often stripped. Anything used to scrub the coin will leave scratches (even 100% pure silk will leave hairline scratches). Most cleaning products will have some type of reaction with the coin's metal and the surface metal can also be removed in this manner.
Your best bet is to leave the coins alone. Cleaning the coin will leave traces - which can be found by the knowledgeable collector - who in turn will not buy the cleaned coin. Also if you ever wanted to send your coin into a grading company, they can recognize signs of cleaning and will send your coin back in a "cleaned" slab (also called a "body bag" in the coin world) - which is usually a greatly decreased value.
If you absolutely must must must clean your coins do not use the method described above as it will react with the metal in your coin. Use 100% acetone (do not use fingernail polish remover!). It must be 100% pure because other additives will react with the coin metal. Place your coin(s) in the solution for several minutes (do not leave in for long periods of time). Rinse your coin(s) in distilled water. Next remove your coins and either pat dry with a soft cloth or allow the coin to air dry (air drying is better as you don't risk scratching the coin with the cloth). NEVER scrub your coins!
I would still advise you to leave your coins as they are. They may not be bright and shiny but that is what most collectors prefer.
2007-11-13 15:52:53 · answer #1 · answered by Anonymous · 2⤊ 0⤋
It sounds like a gold Krugerrand and is .917 gold and the actual gold content is one ounce. They are a bullion coin and are saved for the gold. They usually sell for a percentage below the spot price of gold on the day you sell it and sell for a percentage above spot when sold. Almost any coin dealer will buy it. Go to a couple and take the best deal. If you don't need the cash now it would be wise to hold on to it. Gold seems to be going up steadily.
2007-11-13 13:24:48 · answer #2 · answered by Taiping 7 · 0⤊ 0⤋
The coin is a south africa krugerand,with gold at $840/oz,which is £404 with exchange rate at 2.08.I would accept 92% which is £372 .Take it to a shop,you know what its worth,so you can't get ripped off.
2007-11-13 12:08:22 · answer #3 · answered by Anonymous · 1⤊ 0⤋
i believe what you have is a miniature reproduction. these were popular years ago. i have several in my exonumia collection, ranging from 19th century "lauer" pieces to modern ones. i have an ike dollar about 9mm in dia. some were political parady pieces ie: the dissapearing dollar, et al... its probably made out of a base metal like brass, but have a jeweler look at it because, i also have some mexican fantasys made of gold! as far as value of, bullion value if gold, or minimal ($1-2 dollars) if base metal
2016-05-23 01:37:57 · answer #4 · answered by marti 3 · 0⤊ 0⤋
It`s worth about a fiver but I`ll give you a tenner.
Let me have your details and I`ll post a cheque!
Hee hee!!!!!!
2007-11-13 21:46:55 · answer #5 · answered by suzanne p 4 · 1⤊ 0⤋
See this link:
http://www.taxfreegold.co.uk/wesellkrugers.html
2007-11-13 12:01:47 · answer #6 · answered by Polo 7 · 2⤊ 0⤋
http://search.ebay.com/1983-1-Ounce-Bullion-Gold-Coin-SOUTH-AFRICA-Krugerrand_W0QQfsiZ1
2007-11-13 12:00:21 · answer #7 · answered by .єmιlч. .ωєmιlч. ~♥~ 5 · 0⤊ 0⤋