2005 Liberia Gold $10 - World's Smallest Gold Coins
Quite why anybody would want to buy one of the world's smallest gold coins, we don't know. OK, we could understand a collector buying an ancient coin, or a real coin, made for circulation, with some historical significance attached to it. We can also understand collectors and investors who buy large coins coins, or specially produced collectors' coins providing they possess some attractive or interesting feature, perhaps a beautiful design, high relief engraving, or numismatic aesthetic appeal, but this coin struggles to provide any sensible reason for intelligent people to desire one.
Perhaps it started as a wager in the marketing department of some numismatic issuing house. You can imagine the scenario, perhaps on a hot Friday afternoon, too late to start any real work. Somebody idly asks what the worst product they have ever successfully marketed. Perhaps it was a personal challenge to a marketing superstar. Hey, Eric, could you get people to buy the world's smallest gold coins? They would be very cheap to make, and appeal to people with very little money, because we could sell them for next to nothing, and still make great profit margins.
Well, here is the result!
We will be returning to this page soon, to add a few more comments, it's quite difficult to describe without using taboo words or obscene language.
The coin comes with a small piece of paper which describes itself as a certificate of authenticity.
The piece of paper isn't large enough or soft enough for a better purpose, but overstates the weight as .50 grams, now we may be being overcritical, but we only got it to 0.49 grams (we used a high precision diamond carat balance, which weighs to one thousandth of a metric carat = 1/5,000 of a gram), this is a 2% error, perhaps not much, but it would have been nice if it had been 2% in the customer's favour.
It also states it to be of .585 gold, we do not believe it worthwhile to have this verified by an assay office, but as the weight was wrong, there is no guarantee that the fineness would be accurate, after all, who is likely to check?
Interestingly, the "certificate" does not bear the name or other contact details of its issuer, although there is a shield logo. Whoever had the gall to issue these coins, or promote them, obviously decided discretion was the better part of valour when it came to owning up, and putting their name on the certificate.
Although we don't have a high opinion of the coins, or of the people who originally issued them, we have an even lower opinion of the numerous people who flog these these things on eBay as miniature Krugerrands, and assorted other dodgy descriptions.
More to follow...
Other Liberian Gold Coins
10 Dollars (2005)
Denomination = Face Value
Diameter = Approximate Diameter in millimetres.
Weight = Weight in grams.
Alloy or Fineness = Fineness of gold.
AGW = Gold Content = Actual fine gold weight in troy ounces.
Prices & Availability
Please contact us prior to ordering for current prices and availability.
|25th Anniversary of Krugerrand
|About Uncirculated, Slightly Bent, but Probably as Issued
|25th Anniversary of Krugerrand
Postage & Packing
UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order
Liberia Silver and Base Metal Coins
For silver and base metal coins of Liberia, please look at our original Chard Coins website.
We make an active market in almost all world coins, gold or otherwise, including Liberian gold coins. If you have any of these coins to sell, please contact us, or post them to us for appraisal and offer.
Obverse of 2005 Liberian Gold 10 Dollars
Reverse of 2005 Liberian Gold 10 Dollars
Front and Back of "Certificate"
Inner Pages of Certificate
Obverse of 2005 Liberian Gold Proof 10 Dollars
Reverse of 2005 Liberian Gold Proof 10 Dollars