Coin and Paper Money Collecting/1921 20 pesos gold coin

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Expert: Brad Swain - 7/12/2010


Question

1921 20 pesos gold
Hello Brad
I have come into possession of a 1921 20 peso gold coin which I am told is rare and valuable. It is currently in a bezel but appears that a skilled jewler could probably remove it. I read on one of your previous answers that in its current condition it is a piece of jewelry - not a coin. The bezel and chain are both 14K gold. Is this coin worth the effort of having it removed from the bezel setting? In other words would the coin alone be more valuable then it is in its current setting?

Thanks
DON

PS I have attached an image of the coin I found on EBAY

Answer
Hi Don, don' believe everything you hear. The 90% gold coin contains .4822 of an ounce of gold. That's about $584 right now. The overdates that year were numerous and seem to be more abundant that the plain date so it has no unusual rarity. I would place the coin's value a little over the gold vale. Add the bezel in if you can sell it and that's the way I'd go. Any marks left on the coin by its removal and its simply worth the gold.
Brad
    Questioner's Rating
    Rating(1-10)Knowledgeability = 10Clarity of Response = 10Politeness = 10
    CommentBrad's answer was quick and to the point and probably saved me some money. Thanks


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Brad Swain

Expertise

I have been a World Coin and Paper Money collector since about 1965. I will be glad to answer any questions you may have on World coins or currency, tokens, unusual or unknown pieces and attempt to give you estimates of value and historical information about them in a polite and prompt manner.

Experience

45 years collecting coins and paper money.

Education/Credentials
BA History, BA Geography - Virginia Tech

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