1908----20 Kroner/ 1941 Merc seperated bands

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1908----20 Kroner/ 1941 Merc seperated bands

Postby dan53 » Wed Aug 03, 2011 4:35 pm

I picked up a 1908 twenty kroner today. Its slabbed at MS 65. Contains 0.2592 oz gold. Gave $460.00 for the coin. I also picked up a 1941 merc with seperated horizontal bands. $13.00 for that one.
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Re: 1908----20 Kroner/ 1941 Merc seperated bands

Postby Morsecode » Wed Aug 03, 2011 8:07 pm

I don't confess to knowing anything about 20 Kroner pieces, but it sounds like you got a nice buy on the Merc.
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
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Re: 1908----20 Kroner/ 1941 Merc seperated bands

Postby dan53 » Wed Aug 03, 2011 10:09 pm

Well to tell you the truth, I am having some doubts about the kroner purchase. The only drawback I can see is that its not a well known coin. That may affect the resale value later on. On the plus side, there were only 243,000 made. Plus, it has a little more than a quarter of an ounce of gold. Most coins in the quarter ounce area have either exactly a quarter ounce or a little less. The kroner has .2592 ounces. 0092 of an ounce doesn't sound like much but when dealing with gold, a little is a lot, right? Its a good looking coin. Here's a link:

http://www.cruzis-coins.com/Gold/1908den.html
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