Should you buy French 20 Franc Gold Rooster Coins?
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- เผยแพร่เมื่อ 29 ก.ย. 2024
- In this video, we discuss French gold coins, and whether buying French 20 Franc Gold Rooster Coins is a solid buy. #soundmoney #frenchgold #francemoney #preciousmetals #silverstacking #gold #goldbullion #silverstacker
I got a 1911 restrike, just extremely beautiful with her reddish glow in the natural light. Will buy more of the coq Marianne to sooner or later fill a tube with em. 10/10 gold coin. Support your LCS! (if they are fair to deal with.)
Great to hear! Unfortunately I don’t have a good LCS near me. Wish I did. Thanks for watching!
Beautiful coin, a fair or worn down would make a great pendant for traveling for just in case its needed.
I agree a really amazing coin all around, thanks!
The Latin Monetary Union coins are highly liquid over here in Europe. Especially the Swiss 20 Francs 'Vreneli' gold coin. Why the Rooster is so much more popular in the US beats me, actually. I do have a couple (Rooster, Angel, Italian 20 Lire, Swiss 10 and 20 Francs 'Vreneli'). It's the best way to get fractional gold as they are traded around the spot price of gold. Only the Austrian Mint still produces restrikes: the 4 Fl./10 Franks and 8 Fl./20 Franks gold coins.
I haven't seen any worn down gold 20 Franc gold coins, actually. First, the addition of 10% copper makes them much more resilient to wear. Secondly, 20 Francs was a lot of money back then. Although used in circulation, you wouldn't have had them continuously jiggling in your pocket or purse.
That’s a good point about the value of the coins and also the copper providing resistance to wearing down. I would still be a bit cautious thoigh in buying them at a low grade though. Thanks for all the info and watching!
The French roosters are my favorite sovereign gold coins
Great to hear! Thanks!
They use to be had for a decent price.
I think it is still pretty decent compared to other gold coins
Absolutely you should. In fact you should buy all sorts of gold coins as long as they are real.
Tough for many to buy a good amount since gold is so expensive. Thanks!
I am a numismatist coin collector. I have always liked the coin. Originals, struck from 1899 to 1907. From 1907 to 1914 official restrikes minted at the paris mint. The restrikes are red in color, more copper color, then original which are yellow. And the Writing is different on the edge.
Thanks for the info and clarifying some of the specifics on the restrike. I wasn’t aware of it, thanks!
@@commonsensefinance11 I have all information on British coins and gold coins, as I used to work at the Royal mint London during the 60s. I also have all information on French gold coins, and Belgium coins and German gold coins. The Roosters 20fr were first reproduced in 1921, to pay Many French solders during the first world war. And were again restruck during the 1950, up to 1960. I can if you wish give the exact restrikes for each year from 1950 to 1960. The rest of the restrikes are used as bullion, and sold at french banks. And used for foreign payment, and turn up at bullion dealers. The originals are more sought after, the 1900 being the rarest, and proof also made being very rare. The originals writing on the edge, Dieu protege La France. God protect France, the restrikes have on the edge LIBERTE EGALITE FRATERNITE. If there is anything else you wish to know, any French gold coins, just ask me.
Thank you sir! That’s a lot of really good information and you obviously really know your coins. I bet working at the Mint too was a very unique experience as well. I’m not huge in the numismatic coins, but tend go for bullion more often. Still, I really like gold coins, such as the French Rooster and pre-33 that don’t have massive premiums. I feel like you’re getting thr best of both worlds with cool designs, history and metal value. If you have any suggestions on other coins like this, I’m all ears, Thanks!
@@commonsensefinance11 I used to work on the Mary Gillick gold sovereigns at the mint during the 60s and was on the polishing section, and inspection. Then they were made for the international bullion market, and to counteract the activity of forgeries. It's funny really because they have been forged in Syria and Lebanon during the 1970s. And now with modern technology, all coins have to be checked. Because almost everything is under suspion now. China is forging, and copying everything now. I have all records of European and English gold coins, because mints all over the world share information with each other, so anything you want to know just ask.
Own 60, give or take, so I would say I like them :) With lettering on the rims they're hard to counterfeit. My LCS readily buys them from me too.
Wow, that’s impressive and must have taken some time to get that many. Thanks for watching!
@@commonsensefinance11 : Stacking gold and silver since 2008.
Well done !
No sadly there are quite a few forgeries around, so be carful, check weight. Weight must be 6.45 grams.
It's a great all round coin in my opinion.
I agree, thx!
I definitely like them and the design but they definitely aren't that liquid, but if youre planning on holding for years to come then that certainly doesn't matter as much. I think id like to fill a tube of dos Pecos over these. Id say they're both as liquid.
Maybe not as liquid as more popular bullion coins but I think the big dealers would surely buy them. A smaller dealer might be worried avout selling it quickly and might prefer a ASE or Maple Leaf. Thanks!
Bullion dealers here in the UK always sell out of them here in the UK. Lovely coin, one of France's best gold coins.
Original 1899 to 1907. From 1907 to 1914, official restrikes made at the Paris mints.