Ok so by “circulated” I mean that a coin was minted in large numbers by a sovereign mint intended to be used in day to day commerce. Thus commemoratives, fantasy coins and bullion coins do not apply. So the $50 gold Panama commems are ineligible. Having said that I’ve kept my eye out for a while and I haven’t found a coin that contains more gold than the British “quintuple sovereign” or £5 gold coin. Now I’m sure some of you are asking: “How much pure gold was in the £5 coin?” A whopping 1.17 troy ounces! That’s the pure gold content but the coin weighed more due to being 22K crown gold with a copper alloy. Keep in mind at this time the biggest gold coin in the good ol’ USA was the $20 Double Eagle which “only” contained just shy of 1 troy oz. In other words back then £1 was worth roughly $5. Pretty crazy considering the dollar in those days was a force to be reckoned with. Has anyone seen a larger gold coin that was actually intended and used for circulation?
Is that intended for circulation? I’ve seen those many times but I always thought they were like bullion commems.
Oh yikes! I should probably make this clear before this post continues any further: *not my coin!* But if you want I think I can find a photo of the reverse. Just don’t want to mislead anyone about ownership of the coin. I plan on buying a Victoria 1882 one some day.
I don't think the proofs where intended for circulation. https://en.numista.com/catalogue/pieces13228.html
Just an example. I just used a proof for better details since the uncirculated ones I could find had faint areas and weakly struck areas.
I guess that one wins! If it was used regularly in commerce rather than being hoarded. Wow and the face value is only 50 pesos. Apparently the peso used to be a much stronger currency.
The peso was pretty stable for most of Mexico's history. There was a big inflation during the 1913 revolution and another after WW2.
Hmm I didn’t know that. I do know at one point the Latin Monetary Union was created so that each country had its own currency but the metal contents were equal. A 5 Franc silver coin had as much silver as a 5 German mark silver coin and a 5 Spanish Peseta silver coin and etc., Funnily enough apparently that’s the reason the super rare $4 gold stella coin was minted as test pieces in the possibility of aligning our standards with the LMU. I just think it’s interesting how international transactions worked in a time when payment was in PMs.
A 5 Franc silver coin had as much silver as a 5 German mark silver coin and a 5 Spanish Peseta silver coin….. That‘s not really true since Germany was not a member of the Latin Monetary Union. Those coins had more silver and thus heavier.
I do not have this coin/ wish Icould afford it Basel AV 25 Dukaten ND (1741) 60mm. 87g Small mintage but it did circulate among well off people.
Here is my AV 10 Zecchini Papal States/ Bologna Pope Pius VI Heaviest coin struck by Papal States This one has a striking error on legend, pretty neat....
Correction these are the actual 5 unit currencies of equal silver content per coin. Mixed up the Italian Lire with the German mark.
36.75g. The heaviest gold coins are.... AV 1000 Mohurs/ Mughal Empire/ Jahangir Agra Mint 35 Pounds!!!!! also struck AV 500 M/ 17.5 Pounds/ Shah Jahan I struck 200/ 100 Mohurs The biggest Medieval AV coin Spain/ Aragon Enrique IV AV 50 Enriques 90mm. 240g. Venice struck huge coins too....105 Zecchini=354g. Then all the 100 Dukaten...... Alas...I am one of the 99 percent that can never afford those beauties
Here is photo of biggest/ baddest gold coin ever struck AV 1000 Mohurs 1605 Agra Mint/ weight 19600g. 120mm. This appeared in auction in 1983 alongside a 500 Mohurs. Reserve was 24M for both coins, they did not sell. Both where in the coll. of the Nizam of Hyderabad. Imagine what they would fetch in todays insane coin market 100M-500M????? The 33 US Double Eagle 16 known sold for 19M