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Q: gold dubloon ( Answered,   0 Comments )
Question  
Subject: gold dubloon
Category: Miscellaneous
Asked by: nanney-ga
List Price: $25.00
Posted: 09 Dec 2004 08:28 PST
Expires: 08 Jan 2005 08:28 PST
Question ID: 440381
Going to be selling a gold dubloon from venezuela that has been
incorporated into a pendant.  Front:(along top) "CACIQUES DE
VENEZUELA"  Bottom: MARA" . A picture of a native in the middle.  Back
side:  same saying on top, a hand holding arrows in the middle.  the
bottom - "ACUNACION INTERCHANGE BANK" "SUIZA 1955"  "20 GRAMOS DE ORO
PURO"  Any idea what it may be worth?  The pendant in no way effects
the dubloon
Answer  
Subject: Re: gold dubloon
Answered By: tutuzdad-ga on 09 Dec 2004 10:19 PST
 
Dear nanney-ga;

Thank you for allowing me to answer your interesting question. I
recommend you use caution in how you advertise this ?coin? in order to
avoid misrepresenting it at sale (or at the very least appearing that
you don?t really know what you have). The coin you have is not a
?doubloon? at all, but one example of a Swiss minted series coin
intended to be used as a gold trade unit. You will see the whole set
here:

CACIQUES DE VENEZUELA
http://www.italcambio.com/bille_mone/html2/caciques/NombreCaciques.htm

"Caciques" means "Chiefs" and all of these wonderful gold trade units
[there were several in this series] has a portrait of a Venezuelan
Indian Chief. They were minted in Switzerland by the Inter-change Bank
Suiza for Venezuela. The sizes were made to be interchangeable with
European gold coins. In 1955 gold was still the money of choice by
which countries paid their bills. The largest Caciques unit weighs
22.2 grams of .900 fine gold (.6430 troy oz pure).?

THE COIN DOC
http://www.coinsite.com/content/cdanswers/cdarchive6.asp


Though a good example might have somewhat more value to an eager
collector, "Caciques of Venezuela" trade coins are generally available
at close to their gold content - about 1/4 to 2/3 troy ounce of gold
or about US $65 to about $175 per coin depending on the size of the
coin and depending of course on the current gold spot price on the
bullion market. Today?s market (12-09-040) is currently at hovering at
$434.20 an ounce so it is safe to say that the coin would be valued at
1/4 to 2/3 that amount (or perhaps a little less since they are .900
in content) ? which, by all accounts, is also about what they are
worth on the collector market.


I hope you find that my research exceeds your expectations. If you
have any questions about my research please post a clarification
request prior to rating the answer. Otherwise I welcome your rating
and your final comments and I look forward to working with you again
in the near future. Thank you for bringing your question to us.

Best regards;
Tutuzdad-ga ? Google Answers Researcher



INFORMATION SOURCES


THE COIN DOC
(cached document)
http://64.233.179.104/search?q=cache:YaC-YP9FQ7EJ:www.coindoc.com/content/cdanswers/cdarchive54.asp+%22CACIQUES+DE+VENEZUELA%22+1955+VALUE&hl=en
(mid way down the page)

GOOGLE IMAGES
http://images.google.com/images?hl=en&lr=&safe=off&q=Caciques+mara
http://images.google.com/images?hl=en&lr=&safe=off&q=Caciques+de+Venezuela



SEARCH STRATEGY


SEARCH ENGINE USED:

Google ://www.google.com


SEARCH TERMS USED:

Caciques of Venezuela

Caciques de Venezuela

Mara

Trade 

Coin

Value
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