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-   -   What would be your ideal coin? (http://goldismoney.info/forums/showthread.php?t=284628)

Deides 07-21-2008 02:51 PM

What would be your ideal coin?
 
Me and some friends are looking at starting our own little artisan mint. We live in the BC kootenays, which is a pretty big mining area, and we'd be using locally mined gold/silver for our coins. IE We have a supplier that could supply us with 93.5% pure gold (the rest being mainly silver).

As these coins would be hand made, and this would be a small operation, we will be contracting a metalworker/smith in the area to do our coin press.

I do have some questions for the community though - if we are going to be making gold coins, what is your ideal coin? There are a few things we can consider -

design, we could make the coin's design nice and shiny or good old rustic looking

size, we could make the coins 1 troy oz, or fractional - we were thinking of doing our coins the same size as a sovereign, so roughly 1/4 troy ounce, to make them more affordable, if anyone were to buy them.

demand, would this just be for us, or would anyone else consider buying handmade gold coins?

I know ther eare tons of generic silver rounds out there, but no artisan gold coins...

i'd like some input, if anyone has a few mins to spare :)

ruprick 07-21-2008 02:56 PM

Re: What would be your ideal coin?
 
Fractional silver woud be neat. Even a simple stupid 1/10 oz silver would be neat....need to keep them simple and hight production to keep the cost down.

Ronnie Mexico 07-21-2008 02:57 PM

Re: What would be your ideal coin?
 
Make em look like those old territorial coins. Those have pioneer and the spirit of discovery all over them!

Tn...Andy 07-21-2008 03:04 PM

Re: What would be your ideal coin?
 
The ideal coin is the one in my pocket. :D

EE_ 07-21-2008 03:08 PM

Re: What would be your ideal coin?
 
I'd like a gold Kootenay! 1/2 oz.
Maybe with a native hunter or a Kootenay young women.

Saul Mine 07-21-2008 03:23 PM

Re: What would be your ideal coin?
 
Have you considered the market? Gold art coins are almost unknown, and so is your mint. There would be considerable reluctance to buy until your reputation becomes established. That might take a while. Your best bet would be to start with a zodiac series featuring a nekkid chick on each coin. Then contact a well known newsletter publisher to offer 1/10 oz coins with his logo at an attractive price.

Iptuous 07-21-2008 03:33 PM

Re: What would be your ideal coin?
 
I was gonna say naked women, but SM beat me to it....
and a zodiac set just tops it off!
I'm a Gemini, so start with that one :wink:

RexPerpetuusNorvegiae 07-21-2008 03:41 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Saul Mine (Post 1202772)
Have you considered the market? Gold art coins are almost unknown, and so is your mint. There would be considerable reluctance to buy until your reputation becomes established. That might take a while. Your best bet would be to start with a zodiac series featuring a nekkid chick on each coin. Then contact a well known newsletter publisher to offer 1/10 oz coins with his logo at an attractive price.

oh, oh, i got a 2007 italian 50 euro gold coin with edward munchs scream.

ontopic: you cant go wrong with breasts, 0.2oz for the gold and 0.5oz for the silver.

Deides 07-21-2008 03:57 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by EE_ (Post 1202750)
I'd like a gold Kootenay! 1/2 oz.
Maybe with a native hunter or a Kootenay young women.

we were thinking of calling our coins "old koots"

you know, the typical image of a prospector with his donkey.

We really want the rustic look (yes, like old pioneer coins), but we're not sure if people would shy away from them.

Deides 07-21-2008 03:59 PM

Re: What would be your ideal coin?
 
looks as though people would preffer a 1/2 oz over a 1/4 oz coin...

why would you dish out 500$ to an unknown mint for an unknown coin?

I think we might have a better chance with a 200-250$ coin at first, no?

Deides 07-21-2008 04:06 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Saul Mine (Post 1202772)
Have you considered the market? Gold art coins are almost unknown, and so is your mint. There would be considerable reluctance to buy until your reputation becomes established. That might take a while. Your best bet would be to start with a zodiac series featuring a nekkid chick on each coin. Then contact a well known newsletter publisher to offer 1/10 oz coins with his logo at an attractive price.

we wouldnt be big scale. All coins would be hand made (no automatic press involved here) so we wouldnt want to sell thousands. I think the main concern for people who would be interest would be the purity of the gold, so some kind of assay certificate might help.

MorganTheGoat 07-21-2008 04:14 PM

Re: What would be your ideal coin?
 
The other way to go would be small boutique limited runs. Make them fancy and appealing for the "art" of it. Do "Indian Tribes" of BC and the Northwest. Cool names (need permission), tribal motiffs... historical context with nice designs would sell well locally with tourists in small fractionals. I want a proof if you use this "Tribes" idea...:wink: Start with the Kootenay and see how it goes.

It sounds like you have an idea and a plan now you just need an artist to design something... good luck.

Bossman 07-21-2008 04:21 PM

Re: What would be your ideal coin?
 
Are there any gold or silver coins without any markings except the fineness and weight? Fractional gold and silver would be nice. That would be my ideal coin.

Deides 07-21-2008 05:03 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Bossman (Post 1202862)
Are there any gold or silver coins without any markings except the fineness and weight? Fractional gold and silver would be nice. That would be my ideal coin.

you can get those with smaller gold bars... you can get 1gr, 5gr, 10gr etc gold bars which actually are so small as to look more like a coin than a bar.

argentos 07-21-2008 05:28 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Deides (Post 1202726)

We have a supplier that could supply us with 93.5% pure gold (the rest being mainly silver).

:)


I think that "bronze age" composition may be either your biggest problem - or your biggest selling point!

EE_ 07-21-2008 05:37 PM

Re: What would be your ideal coin?
 
1/2 oz is a good size for a guy to wear in a bezel on a neck chain.
1/4 and 1/10 for ladies.
The coin should be sized to fit a standard size bezel.
Hopefully the artwork would be suitable to wear.

Bajan_Man 07-21-2008 05:55 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by EE_ (Post 1202960)
1/2 oz is a good size for a guy to wear in a bezel on a neck chain.
1/4 and 1/10 for ladies.
The coin should be sized to fit a standard size bezel.
Hopefully the artwork would be suitable to wear.

I will have to agree with a previous poster by saying that a fractional .999 pure silver round would be of great value. If you could buy small fractional pieces of pure silver at an affordable price, I would veer far away from junk.....:D:D

platinumdude 07-21-2008 06:15 PM

Re: What would be your ideal coin?
 
Some kind of pirate gold, skull and bones. Arggh.

Deides 07-21-2008 07:43 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by argentos (Post 1202943)
I think that "bronze age" composition may be either your biggest problem - or your biggest selling point!

still, better than krugs, is it not?

Mone 07-21-2008 07:50 PM

Re: What would be your ideal coin?
 
If you're in B.C. you've gotta put a marijuana leaf on the reverse.

The world would expect no less. :D

(Maybe a sasquatch on the front???)

http://i35.photobucket.com/albums/d1..._SASQUATCH.jpg

Iptuous 07-21-2008 07:51 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by platinumdude (Post 1202997)
Some kind of pirate gold, skull and bones. Arggh.

Another excellent idea!
I would love some piratical treasure coins!

EE_ 07-21-2008 07:54 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Iptuous (Post 1203109)
Another excellent idea!
I would love some piratical treasure coins!

Iptuous, if that's your picture in your avitar...Get a haircut! lol

igorthesmall 07-21-2008 08:10 PM

Re: What would be your ideal coin?
 
I would like to see more coins that look like the old spanish doubloons. Maybe there was something similar in the great white north years ago?

Naked chicks are good too though!

Iptuous 07-21-2008 08:20 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by EE_ (Post 1203111)
Iptuous, if that's your picture in your avitar...Get a haircut! lol

No can do....
I broke my flowbee, and now i've gotta save up for gold coins with naked pirate chicks on them!
:D

MystryBox 07-21-2008 08:26 PM

Re: What would be your ideal coin?
 
Tough to go wrong with boobies.

argentos 07-21-2008 08:40 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Deides (Post 1203099)
still, better than krugs, is it not?

Yes, but that is not the point, which is that it is not a recognised carat number.

Maybe that doesn't matter though. I understand that unlike Europe, you don't have Hallmarking in the Americas.

As you are going for a "different" alloy, there may be an argument for different proportions, like the "1915" Austrian 4 Ducat, which is 40mm in diameter and very thin (about 29 thou") the sort of proportions that some mediaeval coins were.

{Krugers are 22 carat (22/24ths or 91.67% fine), as are Sovereigns}

fasTTcar 07-21-2008 08:57 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by argentos (Post 1203158)
Krugers are 22 carat (22/24ths or 91.67% fine), as are Sovereigns

As are GAE's.

One feature that I always like is the purity and weight on a coin. Panama Balboa's are a great example of a circulating coin telling its true value (note the center right and left notations on the reverse):

http://www.coins-of-panama.com/coins/pc25-2-AU.jpg

Mone 07-21-2008 09:01 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by MystryBox (Post 1203143)
Tough to go wrong with boobies.

Works with 'tads. :D

http://i35.photobucket.com/albums/d1...12/bw2_big.jpg

EE_ 07-21-2008 10:00 PM

Re: What would be your ideal coin?
 
I bought two of these for posterity

http://i224.photobucket.com/albums/d...a/d5a19ee1.gif

Deides 07-22-2008 12:49 AM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by argentos (Post 1203158)

{Krugers are 22 carat (22/24ths or 91.67% fine), as are Sovereigns}

I personaly like the size and price of sovereigns, which is why i'd like the coins to be fairly similar in shape. Smaller, but cheaper to buy


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Gold & Silver Forum - What would be your ideal coin?
Gold & Silver Forum

Gold & Silver Forum (http://goldismoney.info/forums/index.php)
-   Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
-   -   What would be your ideal coin? (http://goldismoney.info/forums/showthread.php?t=284628)

TheBigWookie 07-22-2008 01:43 AM

Re: What would be your ideal coin?
 
The Lasqueti mint has some very nice coins ... I do not own any of their stuff as it is way to expensive for me. http://chiefacoins.com/Database/Micr...eti-Island.htm

Twisted Avatar 07-22-2008 07:30 AM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by ruprick (Post 1202735)
Fractional silver woud be neat. Even a simple stupid 1/10 oz silver would be neat....need to keep them simple and hight production to keep the cost down.


You will probally get your wish soon enough........ silver cracks 500 bucks I gauranteen people are gonna start spliting those coins themselve with a hack saw.


T

Twisted Avatar 07-22-2008 07:31 AM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by fasTTcar (Post 1203173)
As are GAE's.

One feature that I always like is the purity and weight on a coin. Panama Balboa's are a great example of a circulating coin telling its true value (note the center right and left notations on the reverse):

http://www.coins-of-panama.com/coins/pc25-2-AU.jpg




Love that Avatar!!!


T

Heads_Up 07-22-2008 10:20 AM

Re: What would be your ideal coin?
 
You may want to do some Google research to get some insights into existing artisan mints. I have found 3:

LQ Mint on Lasqueti Island, BC (started in 1997 with ultimate frisbee tokens to take to the nationals. They now make both gold and silver and they can be used as currency on their island [legal]. Sorry Mone, but they have a gold coin with a marijuana leaf on it already)

The Cohen Mint, NY (Produce gold and silver coins, right down to the 1 grain size [yes, grain]. They also supply some additional metal bullion bars and are branching out into US coins)

Four Corners Coin and Currency, Winnipeg, MB (This is my local dealer who produces tokens the oooold fashion way. He hand carves the plates and uses a sledge hammer for each coin [sorry, token]. As far as I know, he has done gold, silver, and tin [test strikes].)

The one thing that I see with these artisan mints is the high premium on their coins. They seem to cater to coin collectors, and definately not bullion collectors.

Hope this helps.:D

RexPerpetuusNorvegiae 07-22-2008 10:31 AM

Re: What would be your ideal coin?
 
GOLD COIN? MARIJUANA?!

Heads_Up 07-22-2008 10:58 AM

Re: What would be your ideal coin?
 
http://www.jandm.com/script/getitem.asp?PID=271

Tried the picture, but couldn't get it. So here is a link to the picture: a 1/10 oz. gold coin 2008 for medicinal marijuana.

Goald 07-22-2008 11:34 AM

Re: What would be your ideal coin?
 
1991 10 Kilo Gold Panda 10th Anniversary, mintage 10.

fasTTcar 07-22-2008 12:55 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Heads_Up (Post 1203868)
http://www.jandm.com/script/getitem.asp?PID=271

Tried the picture, but couldn't get it. So here is a link to the picture: a 1/10 oz. gold coin 2008 for medicinal marijuana.


Here it is:

http://www.jandm.com/i/lasq-2008-medical-mj-r.jpg

4 9's too - The good shit :-)

Heads_Up 07-22-2008 05:07 PM

Re: What would be your ideal coin?
 
As for the original question of what I would like to see.......

It's kind of timely, as I've been talking with the local guy who creates tokens about a coin I'd like to get made whenever I could get the money. I was thinking silver, but you could do it in gold.

I was thinking of a modern piece of eight. the coin would be 31.2 grams in weight (why 0.1 grams over an oz in a bit). double lines 1 mm apart would split the coin in half, and additional double 1 mm lines would split the bottom half into 4 eighths. In the full half would be a pirate skull, a IV at the top, and bone hands stretching down to the bottom half. Each of the eighths on the bottom would be one of the aces of spades, clubs, hearts, and diamonds cards looking like a spread card hand. On the outer edge of each would be a roman numeral I. The back of the coin would have the troy weight and purity in each section, 1/2 oz 999 in the top half and 1/8 oz 999 in each eighth.

The roman numerals on the front are the markings for how much of the piece of eight it is. The lines would be a cutting guide (hatchet, knife and hammer, etc.) for separating for smaller purchases. The additional 0.1 gram of metal would be to allow for discrepencies when the piece is cut up.

I think it would be a nice bullion piece (I still think of it as being silver), and probably usefull for making change if TSHTF.

:D

Martian_Time_slip 07-22-2008 05:12 PM

Re: What would be your ideal coin?
 
My ideal coin would have low mintage, high numismatic value, with amazing toning, but most important, the value would always go up at least 30%, compounded daily, and it could never get lost or stolen and would some how make more coins like itself. :D

SilverRanger 02-17-2009 11:14 PM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by platinumdude (Post 1202997)
Some kind of pirate gold, skull and bones. Arggh.

Yes Please!

Junk Woody 02-17-2009 11:42 PM

Re: What would be your ideal coin?
 
I've seen a 1/4oz gold grizzly bear coin minted by some folks in the Kootenays for sale on Ebay a few months ago.

I can't remember the name of their outfit off hand.

They said they were thinking of coining up silver as well.

A fractional set of BC's finest outdoor (BTI) buds would be a great idea IMHSO

Kootenay Thunderf*ck could be the 1st
then Time Warp,Mighty Mite,Bramble,Mango etc.

AceNZ 02-17-2009 11:44 PM

Re: What would be your ideal coin?
 
If you'd like to be able to sell overseas, the coins should be 0.999+ or better purity. Anything less is subject to various taxes in some countries (including New Zealand).

As far as design an size: smaller coins are appealing, but only if there isn't a significant premium over the larger ones. I personally really like grains as an indication of weight, rather than ounces (480 grains to the troy ounce). That fits with your idea of a sovereign-sized coin, which are 113 grains -- although maybe a round number would be better, like 100 grains. I prefer a matte finish, since I like to handle my coins, and the proof-strike type shiny finish doesn't respond too well to that.

As far as design, I would be interested in representations of historical events surrounding individual freedom, liberty, achievement, etc. No famous people, please. Images that evoke strong feelings because of the powerful ideas behind them would be my ideal.

Finding a competent artist is going to be a much bigger challenge than making the coins, IMO.

Waylon 02-18-2009 12:10 AM

Re: What would be your ideal coin?
 
Quote:

Originally Posted by Deides (Post 1203405)
I personaly like the size and price of sovereigns, which is why i'd like the coins to be fairly similar in shape. Smaller, but cheaper to buy

I really like the sovereigns designs as well. Might also consider Civil War designs and renaissance designs. Maybe even ... religious. For the premium to work, consider things folks are passionate about or which may be given as gifts to those who are passionate about a subject.

Obverse:

http://upload.wikimedia.org/wikipedi...95-1498%29.jpg


Obverse:

http://upload.wikimedia.org/wikipedi...Edward_Lee.jpg

Reverse:

http://upload.wikimedia.org/wikipedi...y_Jack_CSA.jpg

AZLiberty 02-18-2009 03:53 AM

Re: What would be your ideal coin?
 
Ideal coin.

1/4 oz
22 K

Weight, purity, mint, stamped on the coin

On second thought, if you could come up with a fractional Palladium coin for a reasonable premium, the folks here would go nuts over it.

kaboku68 02-22-2009 04:36 PM

Re: What would be your ideal coin?
 
Chadwick Ram- Totally BC and would sell like crazy to all of the well heeled GIM sheephunters. They would buy them in mass for membership drives and banquets.

Sincerely,

Thomas


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