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- - Ducats question (http://goldismoney.info/forums/showthread.php?t=165510)

GreenSpirit | 08-12-2007 02:10 PM
Ducats question A quick question...a friend has a 1915 Austrian Ducat...wants 75 bucks. I've seen it; it's shiny and in great shape. I know it's not stolen. Good deal? I know nada about Ducats.

latemetal | 08-12-2007 02:22 PM
Re: Ducats question Fineness .986, actual gold weight .1107, 670.40 x .1107 = $74.22 Assuming correct weight and measurements I'd buy it.:bull-buddy-icon:http://www.wescottfamily.net/goldau.html

Raccoon | 08-12-2007 02:26 PM
Re: Ducats question Quote:
Originally Posted by GreenSpirit (Post 693262) A quick question...a friend has a 1915 Austrian Ducat...wants 75 bucks. I've seen it; it's shiny and in great shape. I know it's not stolen. Good deal? I know nada about Ducats.
They are 0.11 oz AGW, so $75 is a good price, about $1 over spot. They are almost pure gold, 23 3/4 karat. The 1915 1 and 4 ducat coins are all official re-strikes, so they are bullion without any numismatic value. Edit: I can see that I was too late... Edit 2: Anyway, I like these coins. They are quite good looking and I think they are among the nicest small fractionals.

GreenSpirit | 08-12-2007 02:31 PM
Re: Ducats question Thanks to everybody. I had heard something about the restrike thing and it made me wonder, but I wasn't too clear why. Thanks again. It's definitely prettier than a Krugerrand. I'm gonna buy it tomorrow. :D

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