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Coin and Paper Money Collecting/two gold coins
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Sir: Grandma said they are gold? These two coins look like new. They are app. 1 inch in diameter. One has the mans head left profile and indicates JEAN GRAND-DUC, ON RIGHT SIDE, IT SAYS DE LUXEMBOURG and under neck, "J.N. LEFEURE" on REVERSE SIDE IS CROWN WITH DRAPES FLOWING DOWN BOTH SIDES with two lions holding crest with four lions in it. the upper crown splits 1964 between the 9 and 6.bottom left under lion foot is NJL. other coin is GRANDE-DUCHESSE looking left with DE LUXEMBOURG on right and JN LEFEVRE under neck.reverse side has 1964 on bottom with a five button flowers around border with a x at o'clock, o'clock and three o'clock. it has a shield with lion in it and at top right of shield is a knights helm with plum on top with a flowing drape
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These are medallic issue 40 franc coins, which are .900 pure gold (22 karat). These were amde only in 1964 to commemorate the ascension of the new king and queen to the royal throne.
In excellent condition, like the one in the picture I attached, they are worth in the range of $600 each. Most of the value is just the gold weight. The collectible value in excellent condition is 15% or so above the gold bullion value. If your coins look like they are new, then they are most likely in mint condition and may even bring a little more than $600 each at auction.
Thanks for the question! =)
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Answers by Expert:
Dmitry Livshits
Expertise
My specialty is world coins from the 18th to 20th centuries, primarily non-US foreign coins and related areas such as errors and exonumia (tokens, medals, etc.). I can answer questions relating to identification, grading, selling, preservation and evaluation of such items. In addition to catalog value, I can give you the practical market value and trends for specific types of coins. I will also take questions regarding counterfeits (both modern and antique) and on how to identify them. I am NOT knowledgeable in paper money/banknotes, ancient or "shipwreck" coins. Thank you.
Experience
Collector of world coins since early childhood. Access to a variety of auction records and reference material. You can also find me on Facebook.
Education/Credentials
A.S. in Psychology (2006), B.A. in Forensic Psychology (2008), M.A. in Forensic Psychology (2011).
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