Albania 100 Franga Ari 1926 and 1927

What a great coin. And valuable, too! King Zog I, born Ahmet Muhtar Bej Zogolli, was the leader of Albania from 1925 to 1939. This beautiful gold coin shows his portrait on the front and an action-packed rendition of a charioteer on the back. Each coin contains almost a full troy ounce of gold (actually 0.933 troy ounces), and that makes the coin worth at least its bullion value. Coins in good collector condition command prices much higher than bullion value.

At the moment, gold is selling at about $1200 US dollars per troy ounce (check the Internet for the current value), so the base value (BV) is $1200. Premiums over BV run like this:

worn: BV
average circulated: BV + $100
well preserved: BV + $500
fully uncirculated: BV + $1000

The date on your coin, Zako, is a little disturbing. Hopefully you mis-read it and it is not 1924. These coins were minted only in 1926 and 1927. A 1924-dated coin is a counterfeit. Crooks love to make counterfeits of expensive coins like this, so always be on the lookout for fakes, and never do coin business with someone you do not trust.
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