25 Schilling 1962

Hey, I have another coin to introduce. In general, it's only been a month or so since I started getting interested in any post-1945 coins. Silver Coins of this type are quite cheap and you can easily, quickly and at little cost build an impressive collection. First up is Austria and a 1962 collector coin.

25 Schilling 1962

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I present to you a not insignificant coin that depicts the famous Austrian composer Anton Bruckner. He came from a poor and very religious family. Despite a poor start in life, he made quite a career. Musical skills followed him from his earliest years, and he made use of his talent, thanks to which he was immortalized on the disc described above. I recommend reading more about him for yourself, as he is a very interesting character. Let me now turn to the description of the numismat. It has an inscription on the wound “FUENFUNDZWANZIG SCHILLING”, or 25 Schilling. Inscriptions on the rim are always welcome, it is a very nice touch. The coin weighs 13 grams and is made of 0.800 silver (it contains 10.4 grams of pure silver), its diameter is 30 mm and its thickness is 2.2 mm. The disc was designed by Austrian sculptor Edwin Grienauer. On the obverse you will find the denomination, the inscription “REPUBLIK ÖSTERREICH” and 9 coats of arms. Austria is a federal state, consisting of 9 countries. Starting from the left, we find the coat of arms of Burgenland, Carinthia, Lower Austria, Upper Austria, Salzburg, Styria, Tyrol, Vorarlberg and Vienna as follows. The coin can be purchased for little more than the bullion value, thanks to a sizable mintage of nearly 2.5 million pieces. It is an ideal “starter” coin for new collectors. I wish I had started with European collector coins from 1945-1990 myself, as it is the perfect subject for a sizable and impressive collection. In any case, I intend to collect the whole subject and it is not likely to be difficult for me.

Thank you for reading the post and I wish you a good time.


Wersja Po Polsku


Hej, mam kolejną monetę do przedstawienia. Ogólnie dopiero od jakiegoś miesiąca zacząłem się interesować jakimikolwiek monetami po 1945 roku. Srebrne Monety tego typu są dosyć tanie i można łatwo, szybko i małym kosztem zbudować imponującą kolekcję. Na pierwszy ogień idzie Austria i moneta kolekcjonerska z 1962 roku.

25 Schilling 1962

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Przedstawiam wam niemałą monetkę, która przedstawia sławnego austriackiego kompozytora Antona Brucknera. Pochodził on z biednej i bardzo religijnej rodziny. Pomimo słabego startu w życiu zrobił niemałą karierę. Umiejętności muzyczne towarzyszyły mu od najwcześniejszych lat życia, wykorzystał on swój talent, dzięki czemu został uwieczniony na opisywanym krążku. Polecam przeczytać sobie o nim więcej, gdyż jest bardzo ciekawą postacią. Przejdę teraz do opisu numizmatu. Posiada on inskrypcję na rancie "FUENFUNDZWANZIG SCHILLING", czyli 25 Schillingów. Inskrypcje na rancie są zawsze mile widziane, jest to bardzo ładny smaczek. Moneta waży 13 gramów i jest wykonana ze srebra 0.800 (zawiera 10,4 grama czystego srebra), jej średnica to 30 mm, a grubość wynosi 2,2 mm. Krążek został zaprojektowany przez austriackiego rzeźbiarza Edwina Grienauera. Na awersie znajdziemy nominał, napis "REPUBLIK ÖSTERREICH" oraz 9 herbów. Austria jest państwem federalnym, na które składa się 9 krajów. Zaczynając od lewej strony, znajdziemy następująco herb: Burgenlandu, Karyntii, Dolnej Austrii, Górnej Austrii, Salzburgu, Styrii, Tyrolu, Vorarlbergu oraz Wiednia. Monetę można nabyć za niewiele więcej niż wartość kruszcu, dzięki sporemu nakładowi, który wynosi prawie 2,5 mln sztuk. Jest to idealna monetka "na start" dla nowych kolekcjonerów. Żałuję, że sam nie zacząłem od europejskich monet kolekcjonerskich z lat 1945-1990. Jest to idealny temat do uzbierania sporej i imponującej kolekcji. W każdym razie mam zamiar uzbierać cały ten temat i nie będzie to raczej dla mnie trudne.

Dziękuję za przeczytanie wpisu i życzę wam miłego czasu.



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I'm planning on starting collecting next year and I have a problematic understanding the bullion value and stock price.
What's the difference and what's the actual price of this coin?

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(Edited)

1 asset (bullion) value

is the value of the metal contained in a coin, calculated based on its weight and the current market price (exchange price) of the metal.
Calculation:
To calculate, you need to know:

The weight of the pure metal (for example, 1 ounce of gold is 31.1035 grams).
The current market price of the metal, including: The price of gold (in dollars per ounce) on the exchange.
Example:
If a coin contains 1 ounce of gold, and the price of gold is $2,600 per ounce,
the bar is worth $2,600.

2 Spot price
Definition:
The spot price is the current price of a precious metal set on the international market. It is the wholesale price excluding additional costs.
Fluctuation:
Spot prices fluctuate in real time depending on supply and demand in the market.
3 coin market price
Definition:
The price you actually pay for a coin. It is usually higher than a gold bar for several reasons:

Cost of production:
The mint charges a markup for minting coins.
Margin of sale:
Numismatic stores and precious metal dealers charge their own commissions. Uniqueness of collector coins.
and limited editions can be worth much more than the metal itself.
Coin condition:
Coins that are in perfect condition (known as “mint condition”) are often more valuable.
Rarity:
The fewer minted coins, the higher the potential value.
Mint, in the case of old coins, this plays an important role, as the same coin with the same year can be a total normal for Mint A and a total rarity for Mint G.
4 How to check the actual price of a coin
Check the price of metals:
Monitor prices on sites such as Kitco, World Gold Council or Metal Exchange. Compare prices from
retailers:
Browse various numismatic stores, dealers and auction listings.
Consider additional factors.
Evaluate condition, year of publication and potential collector value.

Coins increase in value over time. There are more people, there are more collectors. I call this “Historical Value”, coins from 1939 are no longer minted, so they are becoming less and less attainable.

The question is what do you want to collect? Old coins or bullion coins (present, investment coins)? I recommend you take a look at the ucoin website :)

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I see...

It brightens things up a bit but still a lot I don't understand.

I'll check the sites you mentioned though... Thanks

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The question is what do you want to collect? Old coins or bullion coins (present, investment coins)?

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Nice silver! It's always nice when you can get things for spot price!
!BBH

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