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We think you'll find March's special offer truly deserving of
the word "special." The Denmark 20 kroner "Mermaid"
gold coin is one of the most sought after of the European pre-1933
coins both for its old world solidity and its overall scarcity.
To be able to obtain this piece in choice brilliant uncirculated
condition represents a rare opportunity both as an investment
and a collector's item.
The "Mermaid" 20
kronor has a total mintage of only 1.5 million, as compared to
the nearly 110 million mintage of its period cousin, the Queen
Victoria sovereigns. It gets its name from the blend of a stoic
Lady Liberty enthroned with a herring swimming at her feet. The
least expensive listing in the Krause Standard Catalogue of
Coins is $190 in uncirculated grade, and that value is for
a coin two grades below this choice example.
The 20 kroner gold coins (kroner
is Scandinavian for crown) became the fixed standard of value
and primary monetary instrument in Denmark, Sweden and Norway
under the Scandinavian Coin Union in 1875. The Coin Union was
a reaction to the recurring monetary crises caused by the undisciplined
issuance of paper money. One such crisis led to the public burning
of bank notes in 1728. Another in 1814 pushed the country toward
an inflationary financial collapse and public rioting.
Christian IX was known as the
'father-in-law' of Europe because two of his daughters and one
son married into the royal lines of England, Russia and Greece
respectively. His grandson became the king of Norway.
This coin is exceedingly popular
with the people of Denmark in that the mermaid is the national
symbol of that country. We invite you to take advantage of this
opportunity while it lasts. Orders as always will be filled on
a first-come, first-served basis, and we encourage you to act
quickly as we have only about 200 of this item.
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