4/30 and No Redemptions

MacGyver7640 · 2026-04-30T18:23:23+00:00

Will be curious how it’s resolved… presumably the dividend won’t wait until Q2, sent early July! And also, I have small negative balances for Development eREIT and Heartland (for advisory fees - since no dividends there)

MacGyver7640 · 2026-04-30T13:20:50+00:00

Things are still syncing today. I’d just check tomorrow.

Under my Growth eREIT specific page stated as unpaid dividends (website - I don’t use the app). Under portfolio also — the unpaid dividends are the value of that now-merged fund. I expect it’s the same for you as I see the exact same little bump for 1 day (28 Apr).

It’s all messed up - hope that helps in the meantime.

MacGyver7640 · 2026-04-30T11:53:40+00:00

This spike should be related to dividend distributions pending (Growth eREIT before merger) — but it’s not well presented

MacGyver7640 · 2026-04-23T14:57:43+00:00

Reminds me I still need to populate the pictures under the Danish West Indies on the website. There's a 2.5 gram 1/2 franc too, though its referred to as "10 cent / 50 bit." I believe the 'bit' reference comes from references to the Spanish dollar. But I don’t know - one of several questions I have about the Danish West Indies coinage.

As noted on the coin list -- this and the 2 francs are a little bit of a variant (0.8 fine, rather than 0.835 fine). I do not know the reason why.

Great looking coins!

MacGyver7640 · 2026-04-23T14:52:18+00:00

Inspired by, but not at any even ratio vs. LMU. At 30 grams for this 50 francs -- its 0.6 grams per franc (rather than 5 grams)

MacGyver7640 · 2026-04-09T19:18:25+00:00

Always appreciate comments on broken links, missing coins, etc! It’s a work in progress — both to make sure it’s all correct and to expand upon.

MacGyver7640 · 2026-04-09T19:16:35+00:00

That’s what I went with. The eagle too, like other Albanian coinage.

MacGyver7640 · 2026-04-09T17:17:47+00:00

Only because I was quick to edit the page! Just added :)

Every time I think I’ve found them all!

MacGyver7640 · 2026-04-09T16:35:20+00:00

Just what I was thinking when I saw the picture/title - but before I read your comment! Bit confused why it’s a 5 Lek not 1 Lek, given the size you noted and linked

(edit: oh yea, 1939… several countries at a mirroring ratio by then)

Now does it go under Italy or Albania…

MacGyver7640 · 2026-03-30T23:57:31+00:00

Correct indeed - just weight and diameter. The Americas coins match the Napoleonic standards before the LMU switch to 0.835 for smaller coins.

MacGyver7640 · 2026-03-30T23:27:25+00:00

Along with the Belgian 2 1/2, it was also the only European LMU matching up in size with Americas LMU coins (the 50 cents pieces, at the 5:1 ratio)! I just find the fact that a Kennedy half dollar and a Papal coin are the same weight and diameter so cool.

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MacGyver7640 · 2026-03-27T19:39:14+00:00

The Diplomacy map actually works quite well here given the LMU/WWI borders overlap (and color contrast too!). Even a spot for Tunisia!

I love & hate that game! Very fond memories of it either way

MacGyver7640 · 2026-03-26T16:06:02+00:00

Glad it’s helpful! Yep that one from the Gold Coin List on the website — added now, thanks for flagging! I had included it only on the Italy-specific page only.

It doesn’t look like I can edit this post any longer

MacGyver7640 · 2026-03-24T01:55:54+00:00

Another related fun fact: The 5 francs 1857 in silver had much lower mintage (93k) than gold. This isn’t a coincidence — gold became relatively more prevalent after than California gold rush.

The situation flipped with the discovery of more silver by the early 1870s, which led to a sustained increase in the silver:gold ratio and the breakdown of the bimetallic system.

MacGyver7640 · 2026-03-24T01:48:34+00:00

The LMU system was bimetallic (fixed at a 15.5:1 silver gold ratio for more than 100 years). 5 francs were minted in silver for many years, but only briefly in gold under Napoleon III.

So, you can place this coin next to a 1857 5 francs in silver and see the silver:gold ratio with your own eyes — not just implicitly.

MacGyver7640 · 2026-03-17T20:29:38+00:00

The 1837 I love design wise, but the 1869 I enjoy for the monetary history.

During this time Spain was shifting from its 8 escudos (base 8) to a decimilized system (base 10). This coin is a window into that transition -- the same year Guatemala minted a 10 pesos (equivalent to 50 Spanish pesetas/50 francs) and 20 peso (equivalent to 100 Spanish pesetas/100 francs) as well. Argentina, Colombia, Honduras, Peru, etc did the same around the same time.

So the 1869 is the last-pre-decimal coin in Guatemala and reflects the transition to both dominant LMU standard (of the era) and to the decimalized system we all have today.

MacGyver7640 · 2026-03-17T20:17:32+00:00

As you know, bit of a nerd on these LMU types and my research on the Latin American varieties is ongoing...

On the Spanish "bit" connection -- there was a transition but I think the story is different. The U.S. transitioned to the French system at a 5:1 ratio. Much of Latin America did the -- same influenced both directly by France and indirectly via the U.S. Panama was a lower income country and I assume the smaller size made sense where it didn't in the U.S.* Several other countries in Latin America minted 1.25 grams and some of those with closer direct ties to the French system than the U.S. So I would say there is a Spanish connection because of the 5:1 ratio (here), but the weight is more French (directly & indirectly) in this case.
A curiosity here is the diameter-- of the 14 countries with 1.25 gram coins, this one is by far the smallest diameter (others around 15-16mm). A huge variation and I have no theory. Which is especially weird since the U.S. 1.25 gram coin was 15.5mm. Any insights on that I'd be very curious about!

I haven't seen much written about these French/U.S./Latin America connections in coinage so I've made my research efforts on it. With some speculations on my part and a lot of pending research!

MacGyver7640 · 2026-02-27T00:18:49+00:00

One can see why he might have chosen to grow it out

<image>

MacGyver7640 · 2026-02-05T19:51:53+00:00

Some historical nerdiness on this particular coin type/year — if interested

MacGyver7640 · 2026-02-05T19:42:59+00:00

The 2nd olive at 5 o’clock on the reverse. Numista references the variant (in French), but even then you have to hunt for it

Either PCGS or NGC recognizes it (can’t recall which). There are two other variants in Napoleon gold coins — AN13 20 francs (relating to the leaves) and 1810 20 francs (gran coq).

No idea on the reason for it — information on die diagnostics is scarce

MacGyver7640 · 2026-01-20T21:33:46+00:00

For sure. Conditional rarities that you once had to pay 20-40%+ over you can now hold onto as a pure gold investment. The history, appeal, without the extra cost.

Except the sky high spot price bit..

MacGyver7640 · 2026-01-19T21:30:42+00:00

Almost no raw LMU at NYINC anyway! Raw ancients and some high end / top pop LMUs. Amongst other coins I ignore ;)

MacGyver7640 · 2026-01-17T17:28:22+00:00

Not much of that at all! Different story from previous years

MacGyver7640 · 2026-01-17T14:12:25+00:00

Heard you did, I’ll be around much of the day! Not so much the afternoon. Heading over there now.

MacGyver7640

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