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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
 Posted - 08/02/2010 : 10:51:53
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I truly know little to nothing about medals/tokens, etc.
I do have a question though and hope someone on here can help me out with their knowledge.
I have a medal that its composition is one ounce of silver (round) and I know that there was only a total of forty-four of these minted/made.
How significantly, if at all, does that low of a mintage increase the value of the medal and if it does how long of a length of time before that increase would really impact the value?
Thanks for any help. 
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battlecat
Penny Pincher Member
152 Posts |
Posted - 08/02/2010 : 11:15:49
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| What type of Medal is it? That would most likely be where the value lies.... If it was and Olympic medal vs say Joes car was |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 08/02/2010 : 20:09:31
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| I don't think we have enough information to say anything. If the local dentist minted up 44 silver rounds to promote his business then its worth an ounce of silver. If the US government minted 44 rounds in 1805 to give to high ranking diplomats then its worth thousands of dollars. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
 Posted - 08/03/2010 : 12:36:13
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It is a commemorative medal issued by CONECA and they only had them made for a short time period and I just learned from their website that the final mintage was 44.
So I was curious if that would increase the value any at all.
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 08/03/2010 : 17:49:29
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quote:
Originally posted by PreservingThePast
It is a commemorative medal issued by CONECA and they only had them made for a short time period and I just learned from their website that the final mintage was 44.
So I was curious if that would increase the value any at all.
when were they minted? If a significant period of time has passed, then it's present value is probably about as much as it is going to appreciate in value, aside from it's intrinsic worth as bullion. Do a search on ebay... have them notify you if one come's up for auction, and at least you'll have some assistance determining a fair market value for it. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 08/09/2010 : 10:41:38
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quote:
Originally posted by beauanderos
quote:
Originally posted by PreservingThePast
It is a commemorative medal issued by CONECA and they only had them made for a short time period and I just learned from their website that the final mintage was 44.
So I was curious if that would increase the value any at all.
when were they minted? If a significant period of time has passed, then it's present value is probably about as much as it is going to appreciate in value, aside from it's intrinsic worth as bullion. Do a search on ebay... have them notify you if one come's up for auction, and at least you'll have some assistance determining a fair market value for it.
Thanks for suggestions. It was minted within the last one - two years. I am not a member of eBay so I can't do anything like that for a search.
I was just curious if it would increase the value any but sounds like the low mintage won't impact a selling price in the future. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/22/2010 : 15:30:40
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Because it is a well known numismatic organization, I think there would be slight premium over a generic silver round. The mintage would affect value based on the demand. If it is a low mintage and nobody wants one, there is no extra value. 44 is not really a low mintage for silver rounds when it comes to numismatic organizations. The mintage was most likely the total amount that were ordered by members at the time of striking. Therefor it probably reflected total demand at that time for the medal. Everybody that wanted one at the time ordered one. Now if somebody later came along and wanted one, they would have to purchase it from one of the original buyers, or the subsequent owners of the medals. If several members liquidated their medals for bullion during hard times or estate liquidations then their could be an excess availability.. even with a mintage that we might consider low by coin mintage standards. I have silver medals from a few clubs you probably occasionally attend that have similar mintages but no real premium.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Medal ???
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