oops...

I received my invoice in the mail today from the recent auction. The auction that I mention was the pre-Long Beach auction by Goldbergs and it was held over several days. I watched the auction on the day that the US half dollars were auctioned and as I wrote in a prior journal-I was thrilled to find myself the winner of 2 of my 4 internet bids ( even though I missed my lots live bidding).

Well the next day of the auction was paper money I believe and then the final day was world coins and world gold. I remeber now looking at some of the world gold coins because I like the 20 Francs gold coins from France, austria, switzerland etc. These coins are around a quarter ounce of gold and the price is usually close to melt.

My casual perusal of 20 francs coins led me to a click on another "20" coin--this one a 20 soles coin from Peru. I pulled out my Krause and found that this 20 soles coin has quite a bit more gold weight than the 20 francs coins. Being infatuated with the high grade and beautiful design--I threw in a bid that was very close to melt price and then never gave it another thought.

When I checked my invoice today for the total--there was the Peru 20 soles coin on the list also !! I had won my bid. After the buyer's fee I paid a bit above melt ( gold will have to hit $2100 for me to be at melt value for my expense paid ratio) but the coin is gorgeous and makes me happy for its numismatic qualities and not just because iits adding a little more gold to my holdings. Graded by NGC as an MS67.. there are only 2 MS68's ever graded for the entire length of the series issue so it could be considered a condition rarity of sorts. I can definitely see why a collector before me felt this coin was worth paying the costs to have it encapsulated--and now it will be a well appreciated member of my collection.

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