My new Iceland 1942 5 Aurar PCGS MS-64 RD

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Iceman

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I have seen a Ebay seller from Maryland put up around twenty Icelandic 1942 5 Aurar's coins in ANACS holders with a grade range from MS-64 to 66 and from RB to RD but he wants anything from $75 to $250 for the 66-RD. I offered him $150 for the best looking 66 red but would't take it and since you couldn't magnify the image of the coin so there was no way to see the details. I have read in the past that ANACS have graded some coins as much as 2 points higher then NGC or PCGS so all this had me very concern about just how nice these coins really are. 

About two weeks ago I was searching the internet and came across a coin site by a Dr Bruder and he had a 1942 5 Aurar MS-64 RD in a PCGS holder and only wanted $59.95 so I snapped it up and it now in my collection . Until these coin were on the net I have never seen a red 5 aurar before I have RB ones but no RD's Someone must have been to Iceland in 1942 or about that time and saved a whole bunch of them.  

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Say, now that is a mighty fine coin and RD to boot! At the price you paid when in comparison to the asking price for the ANACS you could almost call the PCGS coin a steal! Congratulations on the find and a new addition to what is already a mighty fine collection. Gary.

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21 hours ago, gherrmann44 said:

Say, now that is a mighty fine coin and RD to boot! At the price you paid when in comparison to the asking price for the ANACS you could almost call the PCGS coin a steal! Congratulations on the find and a new addition to what is already a mighty fine collection. Gary.

 

10 hours ago, Revenant said:

Wow. That's pretty! And not at all bad of a price for a nearly 80 year old coin.

 

10 hours ago, Just Bob said:

Nice score! :golfclap:

Thank you gentlemen for the kind replies. I wish all of you have the good luck I've had in the recent  few months.....(thumbsu(thumbsu(thumbsu

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11 hours ago, Iceman said:

I wish all of you have the good luck I've had in the recent  few months.....(thumbsu(thumbsu(thumbsu

In my case that would probably be not seeing an 10G coins from 1880-1886 for several months until I might be able to afford to go for it! That and the Zimbabwe set have been my focus this year and it's usually not too hard to find things to add to that set. It's large, modern, and the notes are *mostly* pretty common. lol 

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I just got finished looking at your Zimbabwe notes Revenant......You have a very impressive collection....I loved the billion dollar and up notes....I would just get a kick out of have so many billions of dollars in my wallet......:bigsmile:

Edited by Iceman

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8 hours ago, Iceman said:

I just got finished looking at your Zimbabwe notes Revenant......You have a very impressive collection....I loved the billion dollar and up notes....I would just get a kick out of have so many billions of dollars in my wallet......:bigsmile:

Thanks! I'm glad you like it.

The sad truth of it though is that, shortly after it was issued, the $100 Trillion note was worth about US$2 and could barely buy a loaf of bread.

If you took one example of each pick number from P-1 to P-98, added them all up and expressed it in "first dollars" (only way to really add them up honestly), it would be $8,660,868,616,816,540,892,867,454,882.00. If you just naively added up the face values it would still be $180,267,755,317,238.00.

…. and that is how I determined that the current version of MS Excel only stores up to 15 significant digits in memory.

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13 hours ago, Revenant said:

Thanks! I'm glad you like it.

The sad truth of it though is that, shortly after it was issued, the $100 Trillion note was worth about US$2 and could barely buy a loaf of bread.

If you took one example of each pick number from P-1 to P-98, added them all up and expressed it in "first dollars" (only way to really add them up honestly), it would be $8,660,868,616,816,540,892,867,454,882.00. If you just naively added up the face values it would still be $180,267,755,317,238.00.

…. and that is how I determined that the current version of MS Excel only stores up to 15 significant digits in memory.

 

 

 

 

Just  think ....If you took the 10 richest people in the world and converted all there money to the Zimbabwe dollars you would need a 747-8 ..the biggest ever ....To move all that money from one place to the other.....:o:o:o

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If that much money moved into the Zimbabwe economy you'd see the exchange rate (Zimbabwe to foreign currency) significantly improve. Revenant, you might be rich then!

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1 hour ago, gherrmann44 said:

If that much money moved into the Zimbabwe economy you'd see the exchange rate (Zimbabwe to foreign currency) significantly improve. Revenant, you might be rich then!

Wouldn't that be wonderful......All hale the almighty Revenant  (worship)(worship)(worship)(worship)(worship)

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On 10/4/2019 at 12:07 PM, gherrmann44 said:

If that much money moved into the Zimbabwe economy you'd see the exchange rate (Zimbabwe to foreign currency) significantly improve. Revenant, you might be rich then!

 

On 10/4/2019 at 2:00 PM, Iceman said:

Wouldn't that be wonderful......All hale the almighty Revenant  (worship)(worship)(worship)(worship)(worship)

Hah! I wish! But it ain't gonna happen!

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Great coin and price. However what you heard about the grading company is very true. I stopped using them years and years ago. Enjoy

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6 hours ago, MIKE BYRNE said:

Great coin and price. However what you heard about the grading company is very true. I stopped using them years and years ago. Enjoy

Thank you Mike

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