GOLD coin for amateur radio satellite !

Discussion in 'Amateur Radio News' started by IW2BSF, Oct 28, 2018.

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  1. IW2BSF

    IW2BSF Ham Member QRZ Page

    news from AMSAT:

    Lithuanian amateur radio for the satellites LituanicaSAT-1 (LO-78) and LitSAT-1 has been coined a beautiful coin worth 5 euros, realized

    In GOLD (999) weight 1,244 gr diameter 13,9 mm

    73 de IW2BSF - Rudy


    great notice !
    W4RAV, KB2QQM, WE4B and 7 others like this.
  2. KI6PMD

    KI6PMD Ham Member QRZ Page

    I want one for Xmas ! 73 see you on the next pass ! Phil KI6PMD..
    N5PZJ and IW2BSF like this.
  3. IW2BSF

    IW2BSF Ham Member QRZ Page

    yes a very nice chistmast gift , hi
  4. KW0U

    KW0U Ham Member QRZ Page

    Small mintage but one of a very large number of precious metal commemorative coins that many countries have issued for decades to raise cash and get noticed. As a ham I love the idea and the design is striking--but I would never buy it solely as an investment. Here's how this coin fits into what Lithuania is currently producing:
    W4RAV and N6HCM like this.
  5. KY5U

    KY5U Subscriber QRZ Page

    Worth $.05 in the US.
    KG4YUS likes this.
  6. KW0U

    KW0U Ham Member QRZ Page

    Actually $48 in gold. You are right about the numismatic value being very low, unless there is real collector demand, which I doubt. (As I said, many countries have lots of offerings every year--with few exceptions these are not "rare coins".) If you want gold buy bullion coins right from a well known national mint, like the U.S., or a a major mint's distributor, such as Canada uses. Hopefully never from somebody on TV. There will be a markup above spot, but that seems unavoidable given the mintage costs.
    W4RAV, AG5DB, N6HCM and 2 others like this.
  7. YO4BZC

    YO4BZC Ham Member QRZ Page

  8. KO6KL

    KO6KL XML Subscriber QRZ Page

    5 E is worth a a few USD I think... looks about the size of a dime... think i will roll up some chump change here and order one...
  9. N6HCM

    N6HCM Ham Member QRZ Page

    Five euros is worth about $5.70... The gold in this coin is worth a bit less than $50. You can get one on eBay for about $ has a very small mintage that would make it rare if there were any demand for it... but there isn't.

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