FS: Austrian 4 Ducat restrike

Discussion in 'Australia & New Zealand (Public)' started by hazy, Jan 15, 2021.

Tags:
  1. hazy

    hazy Active Member

    Joined:
    Mar 17, 2011
    Messages:
    518
    Likes Received:
    218
    Trophy Points:
    43
    Location:
    Canberra
    Hi gang

    So I got 7 of these beauties off a fellow stacker recently (thanks again Acorn) but I need cash so here we are.

    Austrian “1915 4 ducat restrike” coins are bullion they aren’t old collectable coins or anything don’t get confused.

    Composition: Gold
    Weight (grams): 13.964
    Weight (troy/oz): 0.4426
    Purity (%): 98.60
    So they contain almost $1050 worth of gold at today’s spot price

    I’d like $1200 each including postage.

    2 for $2350

    3 for $3450

    Im thinking of going to Edlins to see if they’ll validate the coins for me but being coin dealers im sure they would offer below spot price so almost certainly won’t be selling to them.

    Feel free to make a counter offer what you think they’re worth I don’t mind at all.
    Thanks for looking! I don’t have any pics but you could look for acorns sales thread if you like or ask me and I’ll get my shit together and take some.
     
    Boyscout likes this.
  2. hazy

    hazy Active Member

    Joined:
    Mar 17, 2011
    Messages:
    518
    Likes Received:
    218
    Trophy Points:
    43
    Location:
    Canberra
    You know who would like to buy these off me? Me, in my super fund. Am I allowed to do that? No.
    Could I sell them privately to a coins dealer for spot - 2% and then immediately buy them back in my fund for spot plus premium? Yes easily and legally. It’s bullshit
     
    Shlomo Goldberg likes this.
  3. hazy

    hazy Active Member

    Joined:
    Mar 17, 2011
    Messages:
    518
    Likes Received:
    218
    Trophy Points:
    43
    Location:
    Canberra
    Shlomo Goldberg likes this.
  4. hazy

    hazy Active Member

    Joined:
    Mar 17, 2011
    Messages:
    518
    Likes Received:
    218
    Trophy Points:
    43
    Location:
    Canberra
    Bump
     

Share This Page