Free: VERY SMALL 24K "India Gold Fanam Coin" Circa 1700-1830 AD - Coins - Listia.com Auctions for Free Stuff

FREE: VERY SMALL 24K "India Gold Fanam Coin" Circa 1700-1830 AD

VERY SMALL 24K "India Gold Fanam Coin" Circa 1700-1830 AD
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Description

The listing, VERY SMALL 24K "India Gold Fanam Coin" Circa 1700-1830 AD has ended.

This auction is for a Circa 1700-1830 AD, "India Gold Fanam Coin".

This ancient 24 Karat gold coin is quite small and Dubbed the "Worlds Smallest Circulating Gold Coin" so I placed a picture of it next to a Roosevelt Dime to give you an idea as to its size. The weight in Gold comes to over 1/4 Gram but less than 1/2 gram. I also supplied you with a picture of it sitting on a scale which will also tell you exactly what this coin is worth on any given day.

I will not set a GIN on this coin since it is so small, but being 24 Karat Gold, it still will be worth adding it to your Gold Collection, for it will trade very quickly and easily for quick cash no matter what Gold does end up at on any given day.

Whether you are looking at it as Gold Bullion, as an Ancient Coin or both, its worth is added to because of what it is in coinage and its actual age.

Thank you for your interest in my auction and stopping by to view it.

Now for the "All Auction Information" :
The scans and /or pictures above are of the actual item that you will receive, and are provided for you to determine the condition and/or grade of it.
The winner will receive this via FREE SHIPPING W/Tracking.
Remember that all Listia rules apply.

** EXTRA HOLIDAY NOTE **
The holidays are upon us again and the Post Office is having troubles getting items delivered.
When you do receive an item, I would appreciate it if you would, in a timely manner, mark the item as received so that I know I will not have to contact the P.O. in an attempt to find where it was mis-delivered. I use tracking on all auctions and if you follow it and see that an item shows delivery but you did not receive it, it would help greatly if you let me know so that the delivery person can be contacted while it may be fresh in their memory as to where it was mis-delivered to.
Questions & Comments
Original
This appears to be a dagger fanam from the city of Tanjore (now Thanjavur), according to these similar coins: https://goo.gl/wQvSZu, https://goo.gl/t3TVyv, https://goo.gl/EDLdW9. On eBay etc. they seem to sell for $35-55.
Jan 3rd, 2018 at 11:36:00 AM PST by
Original
as far as the name of the coin, thank you for that info, I sure did not have a clue.
the price is right there in the ballpark as well. I would go and check gold prices today if I were bidding on it for i know it is going down at the moment and may just be a bit below that amount :(
Jan 3rd, 2018 at 1:36:04 PM PST by
Original
yep, gold spot today has taken about a $4.50 hit, but it will not drop below $1300 an ounce. so it will still bring around $40 just for the bullion
Jan 3rd, 2018 at 1:42:44 PM PST by
Original
I don't think the bullion calculation is correct. You have to divide say 0.35 grams by 31.1 grams (in one troy ounce), which comes to 0.011 of a troy ounce. You then multiply that by $1,322.30 per troy ounce. That totals only $14.55. The coin then is worth much more numismatically then as bullion. These are fairly scarce I think, so coin collectors like them...
Jan 3rd, 2018 at 3:03:55 PM PST by
Original
you are most likely right, I think I divided the 1300 by 31 and then tripled it instead of .3. just too old to do math any longer and it used to be my best grades when I was in school. plus I have had a terrible day with my brain function all day long. thanks again for the info for everybody.
Jan 3rd, 2018 at 5:23:23 PM PST by
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Wow! Great auction! Wish I had seen this sooner! ;)
Jan 3rd, 2018 at 6:35:11 PM PST by

VERY SMALL 24K "India Gold Fanam Coin" Circa 1700-1830 AD is in the Collectibles | Coins category