Numismatic coin

Discussion of the Gold portion of the Permanent Portfolio

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ochotona
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Re: Numismatic coin

Post by ochotona » Sun Nov 12, 2017 9:11 pm

Libertarian666 wrote:Here's my favorite:

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Now I'm confused... that's a 2009 coin? MMIX? Isn't it older?
Libertarian666
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Re: Numismatic coin

Post by Libertarian666 » Sun Nov 12, 2017 9:51 pm

ochotona wrote:
Libertarian666 wrote:Here's my favorite:

Image Image
Now I'm confused... that's a 2009 coin? MMIX? Isn't it older?
No, 2009 is the correct date. It was a restrike of the original ultra-high-relief trial piece, which never went into circulation because it was too fragile.

So they decided to make the planchet much thicker and smaller in diameter so that the ultra-high-relief strike would work properly and result in a "usable" coin (as if anyone would ever circulate one). It's also 24k instead of coin gold, so it's softer. That helps with the strike too.
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ochotona
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Re: Numismatic coin

Post by ochotona » Tue Nov 21, 2017 5:48 am

I got just one more to satisfy my numismatic curiosity. I think I'm done. Back to bullion coins and bars.

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