Dakaras

5 minutes ago, CollectForFun said:

I think you are trying to find something which just isn't there. Why there should be any logic behind the coin's weight? In the era after the gold standard when there is no direct relationship between the metal and currency?

For reference: Papua New Guinea issued its first 100 kina gold coin in 1975. Its weight was 9.57 grams and it was arguably .900 gold.

Now consider this: in 1975, there were almost no gold bullion coins yet, except for krugerrands, which existed since 1967. No maples, pandas, philharmonics, britannias, eagles... So it was completely different time in terms of what you expect from a gold coin today, such as that bullion is produced in fractions of an ounce. Not mentioning that 100 kina was never meant to be bullion.

So back in 1975, without any pressure to follow market trends and expectations as to weight, I can very well imagine that they first designed the coin, decided on its size and the weight was just a random result of that. And so they continued using the same weight until they realised that the times have changed and that changing weight to 1/4oz can help marketability.

What strikes me more than weight however is that your coin seems to be the only 100 kina of that weight in .999 gold. Maybe it's also just random - maybe they decided too late to issue this coin for the games and the mint maybe had only .999 blanks in stock so they just went with what they had. After all, it's Papua New Guinea, not exactly the centre of the universe (with all respect to that certainly beautiful country - I hope you know what I mean).

Curiously, NGC lists this coin in its catalogue as .900 gold. But then, they have none graded so that info is not necessarily decisive.

Anyway, I hope you can enjoy owning such an unusual coin without ever fully finding out about the rationale behind its dimensions. Or, why not try writing to Central Bank of Papua New Guinea directly? They may even be pleased that collectors have such an interest in their coins ☺️

I think that's a very fair summary @CollectForFun

Ok maybe matching weight of fine gold to other coins? For example weight of fine Vs sovereign is wrong but what else?

13 minutes ago, James32 said:

That would only make 25g of .999 

Easiest option would be to reach out to the perth/ Franklin mint and ask?

Just thinking the same

Maybe as 9.57g is close to 1/3 Oz? 

5 minutes ago, stefffana said:

Year after year? Perth Mint and Franklin mint?😁 

Dakaras have a new obsession.😊

Yeah well once you set the weight you would be right in the cart if you changed it! 

13 minutes ago, stefffana said:

Thank you, Dakaras!

I am very sure it is not random, because all of them have the same weight of 9.57g. 

Should be a division of another measurement unit, but I have no idea.

It's an obsession now for me.

No as in them reaching that weight decision on all the coins. Maybe target was 10 with 9 grams gold and someone messed up with the dies and blanks had to be 9.57 instead! 

It's a smashing looking coin! Maybe just one of those random things. 

Wow balls of steel (or should that be silver 🤣)

The very best of luck to you 

Dak

18 minutes ago, Mtaybar said:

Thanks to @stefffanafor today's gold delivery. An absolutely amazing french 1/10th gold 100euro coin, aka "the sower". It was in a card/flip in perfect condition but I busted it out to be able to accurately weigh and measure it (not because I distrust Stefan but for my own peace of mind and sanity) and to put it into a capsule. It's a smaller diameter then most 1/10ths at only 15mm so hence the cap looks a bit baggy. I'm chuffed with it and I'm one more closer to my goal of 10x world tenths. 

Just beautiful, can't wait for mine next week going to mean 4 more for me, one of which must be a Maple 🍁 and even if it takes decades to find one must be a Libertad

Bit swamped today chaps attempt 2 Thursday

On 16/05/2022 at 16:26, daca said:

small delivery today: gold, platinum in silver kooks

Oh man that's just lovely what a brilliant trio

Just now, stefffana said:

Nope. But this coin is 6.22g of .500 gold.

Technically, equivalent 1/10oz.

https://en.numista.com/catalogue/pieces100278.html

Like the coin and of course correct about the 1/10th , I'm going for 1/10 recognised coins, hence no 1/10th rounds in this run. 

13 minutes ago, stefffana said:

Guys!

One technical question:

If a coin have equivalent 3.11g gold 1/10oz) in composition, but it is made from a lower alloy, that coin can qualify in your 1/10th oz run?😊

I'm saying no, it's partly the 1/10th stamp on coin adds to the appeal for me

Just now, Gordy said:

a 1/10th Krugerrand is a fine example of 22 carrots with a parsnip to make up the two lost carrots... 

Hmmm true 

I buy at auction a few times a month , most fees are around 25 to 30% plus postage which is a lottery , had a stack of coins sent last week for £12 all in including SD and got stiffed week before with a £27 postage bill for one coin. When bidding I try to factor all that in , so neat week I've a small 9ct gold coin coming, I've paid about £2 over spot when fees and post added, so what's the seller left with? Better off selling as scrap perhaps? 

 I'm up for that

19 hours ago, fireblade4life said:

Only a few days left so here’s a pic of the prize. 

It’s a  1oz 2014 Britannia with horse privy. 

😍

Just now, stefffana said:

You know, Dak, it is no rush.

If you are interested to have it, I can keep one of them for you and the transaction will be made at the end of the month or at any moment is comfortable for you. Your word it is enough for me, not necessary upfront payment to secure your coin.😊

In that case sir sign me up! I'd love one.

3 minutes ago, stefffana said:

@Mtaybar and @Dakaras! Have you finished your coins run from 10 different countries?

If the answer is YES, Congratulations and Respect, guys!🤗

If the answer is NO, your "bert frend" can help you with a step forward!😁

I have for your collection two identical french 1/10oz coins, face value 100 euro. Both of you knows the provenance and the price I have paid.

Are you interested to have an immaculate french coin as a star in your collection?

 

Arghhh someone buy my maple set,!

5 down 

@MaxeBaumannbeautiful ☺️

Box before this one had £90 in silver this one not so much 🤣

@Rosco You win 🤣 Beautiful!

Just now, stefffana said:

At naughty page with you and your box!

😁 

28 minutes ago, Bigmarc said:

Trying to work out what rcua is? 

Red Cross Ukraine appeal