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Modern Gold CoinsThe modern age of gold coinage is marked first by the universal adoption of machinery that could strike perfectly round planchets in an even and consistent manner. Coin weights, shapes and strikes no longer varied perceptibly. (This uniformity enables coin grading companies to make relatively useful and informed grading decisions.) A second salient feature of modern coinage occurs in the late eighteenth to mid nineteenth century, as revolutions that ended monarchal rule and established governments of the people around the world, also produced an array of interesting allegorical imagery, like the brilliant sun-faced coins that trumpet Latin American freedom from Spain, and the wonderful French art-deco pieces that symbolize Agrarian Democracy. The twentieth Century was marked by two world wars, which were as much about gold as about territory. Modern reserve banking had been instituted in the entire civilized world. Reserves were measured in gold. To invade a country meant taking control of their central bank and their gold reserves. To judge Hitler by his actions as much by his rhertoric one would conclude he was as much interested in the purity of gold, as the purity of blood. The single greatest monetary consequence of the two world wars was the interruption of the gold standard of currency on account of depletion and theft of reserves. This standard was replaced by a partial gold standard negotiated at Bretton Woods in 1944. This standard collapsed in 1971 when Richard Nixon closed the US gold window. The full effects of a world of fiat currency is only now beginning to be felt. ......................................................MODERN GOLD COINS PAGE 2 |
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HOLLAND PROVINCE Dukat Dated 1776. (3.5g) Standing Rider r / Latin legend - MO:ORD PROVIN FOEDER BELG.AD LEG.IMP: MOneta ORDinum PROVINciarum FOEDERatorum BELGicarum AD LEGem IMPerii: "Coin of government of the provincial federation of Belgium Conforming with the law of the Imperial" F. 250; Delmonte 775. |
| The Latin American Independence movement began in Mexico, Chile and Argentina in 1810 and extended throughout the region through the first half of the 19th Century. Most of the gold coins from this period bear the image of the Sun with a smiling face representing freedom from colonial power. |
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Latin America COSTA RICA
NGC AU55....................$6400 |
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ECUADOR Provenance UBS. (this coin is Mint State.) |
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Peru - South Peru. 8 Escudos, (26,98g.) 1837-BA (Cuzco). Fr-91; KM-167. Cuzco Federation. Radiant sunface with stars and flags. Reverse: A castle, ship, volcano and cornucopia in wreath. Well struck with semi prooflike surfaces. NGC MS-63.................$9000 |
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MEXICO
Republic 1823-1864
NGC AU 58 (also with semi-prooflike srufaces)........................$1600 |
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CHILE - ARGENTINA GOLD PEACE MEDAL 1902-3 (14,8 GRAMS) .900 GOLD Chile's coat of arms/Two representations of Peace with shields bearing Chilean Star and Argentinian cap of freedom "La Paz lo Vence Todo" Signed by the artist M. H. Extremely Rare. From a mintage of 3 pieces struck in gold. Of the finest artistic quality in high relief. About Unciculated.....................$5800 |
Post War Gold CoinsAnother consequence of this century of war was that many of the coins minted before and during the wars were melted; and though there are often mintage figures for this period they are also often unreliable. Post World War II coin mintages tend to be accurate. In this period many countries that still bore colonial affiliations were now free to throw out the European powers and claim a new independence. This was often marked by gold presentation pieces. |
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ISRAEL 1967 Six Day War Victory Medal dated: 5/6/67- 5/10/67 Brilliant Uncirculated.................$1400 |
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ETHIOPIA Menelik I 1897 Pattern Talari (Thaler) Proof Gold restrike from the silver pattern dies. (40.2g.) KM X1 Amharic legend: "He is the Conqueror, the Lion of the Tribe of Judah, One Birr" Extremely Rare. Purportedly from a mintage of 10 pieces, struck by Pinches in London in 1950 to commemorate the post war liberation of Ethiopia. |
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Central American Bank gold 50 Pesos 1970, ( 20 grams, 900 Fine.) KM-X1, Struck to mark the 10th anniversary of economic integration. mintage of 1500. Mimics the design of the Central American Replublic escudos. NGC PF68 Ultra Cameo..........$1300 |
| MODERN GOLD COINS PAGE 2 |
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For info, comments, purchase requests contact: Jeff Kahn at Jkahn21@nyc.rr.com
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