Sep 03
I have the following 1000 Sk Commemorative Silver Coin:
http://www.nbs.sk/en/banknotes-and-coins/slovak-currency/slovak-commemorative-coins/1000sk-commemorative-silver-coin
It is mint condition, never taken out of its casing. 2 oz of 99.9% Silver. It was created as farewell to Slovak currency as they went euro and there are only 22000 in existence.
I did not find anyone selling it that is why I am asking. And yes I hope it is worth more that weight in silver.
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September 3rd, 2011 at 3:54 pm
I’d check what it’s going for on eBay or other sites. Be sure to check the "Buy It Now" price, rather than the auction price, because auction prices spike at the last minute. I’m not familiar with that particular commemorative coin but my guess is that it’s worth little more than the actual silver.
September 3rd, 2011 at 3:54 pm
There are 3 types of collectors that might be interested in your coin and they all have different criteria in your coin
Bullion collectors/investors = they are the people who usually collects gold and silver bullions (including other precious and rare metals. They will pay the market price of the silver you are selling now plus by maybe 10 – 20% over the spot price of silver (for example – 1 oz silver ~ USD 45… 2 x 45 + ~ 15% extra) you will be able to sell it for around 105 USD. Bullion collectors are more interested with bars or coins with definete ammount of precious metal (1 Oz 99.99 pure) or ones with certificate (the casing you are talking about.
Second type would be antiques collectors – antiques does not mean that your coin have to be old, but as long as it commemorates or has a history (that is why its called commemorative. For this type of collectors, they usually follow a catalogue that has the price of all coins produced, especially commemorative coins or rare coins. they will pay alot of money if your coin is rare. Criteria such as coin condition, rarity, history, demand, all of them comes to play.
In your case – i can say your coin is worth MORE as 22000 only in existence, and slovakia is a major country in the European Union.
i would recommend auction sites such as ebay to check your value before putting them in an open style auction