Several years ago, thanks largely to the dishoarding of gold coins by European central banks (in preparation for the new European currency), some previously rarely seen European coins became available. In some cases, these coins had remained virtually undisturbed in bank vaults for over one-hundred years!
Every year or two, our intention is to provide our investors with unique opportunities in the area of world coins that we believe have significant price potential over the coming years. One of the more frequently asked questions from investors is, “What can I leave my children or grandchildren that has above average potential for return?” Our answer to this question definitely includes a core position in gold and silver coins, but also includes a smaller position in what we now refer to as our Legacy Collection.
We are constantly looking for long-term values in the gold and silver coin markets. Our research has led us to some outstanding values in European coins that are vastly undervalued compared to their U.S. counterparts. Thirty-five year ago, there were some tremendous values available in U.S. coins. Some of those same coins have appreciated 10 to 100 times! To receive a copy of the rest of this article, call 1.800.525.9556
German 10 Mark
Through an interesting series of events, Otto von Bismark cleverly trapped France into declaring war on Prussia on July 19, 1870. Precisely according to plan, the other German states immediately joined with Prussia to fight France. The French army of about 200,000 troops was no match for the united German army of 400,000 men. The war was soon over, and the Treaty of Frankfurt was signed on May 10, 1871. Germany received two major concessions from France. First, they received land, the region of Alsace/Lorraine. Second, France had to pay an unprecedented war indemnity of 5 billion gold French Francs! (The equivalent of 46.7 million ounces of gold!)
Overnight Germany became a world power. They had united the country, won a major war, expanded their boundaries, and had raided France’s treasury. Wilheim I of Prussia became the new German Emperor (Kaiser) while Otto von Bismark was named Imperial Chancellor.
Later in 1871, the new German nation departed from its old monetary system of Krones and established the Mark as its economic unit. Because Germany was officially on the gold standard, the change required that new gold coins be minted. Therefore, in 1872, the very first 10 Mark gold coins were minted and widely released for circulation throughout the new nation.
Dates: 1872 and 1873
These dates are very significant. They represent the very first two years that the 10 Mark was ever minted. Equally interesting and important, however, is the fact that this particular deign was only minted for these two years! To receive a copy of the rest of this article, call 1.800.525.9556
Swedish 20 Kronor
Sweden produced gold 20 Kronors from 1873-1902. Although our company handled some 70,000 of these beautiful coins in 1998 and 1999, we were never able to secure the Key Dates of these series until now. The three key dates are 1881, 1885 and 1887.
By coin standards, Sweden produced relatively few coins during these years. In fact, they minted only 3.5 million 20 Kronors over the thirty year period. However, these specific three years have unusually low mintages.
In 1887, a total of only 59 thousand coins were struck (as compared to an average of about 200 thousand per year). In 1881, a mere 47 thousand were struck. We are obviously excited about the prospects of these two coins. Then came the truly stunning discovery. With these coins we purchased just over three hundred 20 Kronors dated 1885. In 1885, the Swedish mint began and then halted production of 20 Kronors. In all, they minted only 6,250 coins! This is an inconceivably low mintage! You can imagine our interest in offering such a remarkable find to our investors. To receive a copy of the rest of this article, call 1.800.525.9556
The beginning of WWII was marked by the German invasion of Poland. Adolf Hitler had intended to make the free state of Danzig in northern Poland part of the German empire. Danzig (modern day Gdansk) had received its independence at the treaty of Versailles at the conclusion of WWI in 1919. It had once been perhaps the most important center of commerce in central Europe during the 16th and 17th Centuries, and was still quite important because of its strategic harbor on the Baltic Sea.
As the German troops entered Danzig, the city leaders met them with what was supposed to be a peace offering at the reunification of Danzig to Germany. They brought with them some very special gold coins in VIP holders to give to the German officers.
The Danzig 25 Gulden gold coin depicts the Senate ensign on the front with two lions and the inscription ìThe Free State of Danzig. The reverse shows Neptune holding his trident signifying his mythical protection of Danzigís harbor. The statue from which the image is taken still resides at the harbor. Only 4,000 of these gold coins were minted in 1930, but they were never released for circulation.
George V British Sovereigns
Because of the military and economic dominance of the British Empire throughout the world (i.e. “The sun never sets on the British Empire”) at the end of the 19th Century, its gold sovereign was widely regarded as the leading monetary unit of the time. So great was the demand for this stable gold standard, that England resorted to minting its gold sovereigns on five different continents. Without question, it is still the most recognized gold coin in the world.
The proud heritage of the George V British Sovereign spans from 1911 – 1932, and is a highly collectible series each coin bears an individual initial for its mint of origin (which can be found on the reverse of the coin just above the date). British Sovereigns were minted in England, Australia, Canada, India, and South Africa.
I personally became intrigued with these gold coins when I discovered that they were actually very scarce in higher grades. I sat down with my numismatist (“coin buyer” to us laymen) and asked him what would it take to put together a five coin set of Sovereigns, one each from the five continents on which they were minted. I wanted coins dated from 1911 – 1932, bearing the likeness of King George V. Interestingly, my coin buyer told me that to the best of his knowledge, a set like this had never been offered before. What can I say? I was sold on the idea!
These rare and very special coins in our Legacy Collection offer a unique investment opportunity for serious investors seeking a profit double-play in bullion, as well as its additional value due to rarity and collectability. McAlvany’s ICA has amassed these and other unique coin investment vehicles that offer all of the advantages of rare coin investment: liquidity, portability, security, privacy, as well as substantial profit upside. Call the ICA staff and we will connect you with a trained and experienced expert in these unique Legacy coins, as well as other precious metal investments.