Friday, May 31, 2013

1923 French 5 Centimes!


What a beautiful coin. And for only $0.25, how could I resist? This was the most beautiful world coin I got that weekend. It's also worth 6x what I bought it for. So for $0.25, I got a $1.50 coin beautiful coin! The hole in the middle was most likely for saving metal and money which would all the government to produce more coins for cheaper prices with all the metal they saved. Unlike the U.S., France's economy was severely crippled by WWI and they needed to cut corners as much as possible. Unfortunately, these efforts were to no avail and the French Franc became practically worthless in the following years. I like how the dirt accents the design on the coin. I wonder if this adds any value.

Wednesday, May 29, 2013

U.K. 1957 Sixpence!


One of three sixpence coins I have and this is the only copper-nickel one. So far, shillings are the most common pre-decimal coins I have, and it's not hard to see why. This coin is much more interesting than one of those boring old shillings, and has a much better design, too. As you can see, this one's was improperly metal content was improperly mixed leaving some streaking visible.

Now here are some interesting facts about the sixpence coin (from Wikipedia):
"As the supply of silver threepence coins slowly disappeared, sixpences replaced them as the coins put into Christmas puddings; children would hope to be the lucky one to find the sixpence, no doubt also encouraging them to eat more pudding.
They have also been seen as a lucky charm for brides. There is an old rhyme which goes "Something old, something new / Something borrowed, something blue / And a sixpence for her (left) shoe."

The above coin would have been worth 2.5 New Pence back in the day or 28 of today's pence. But that's not much compared to its $0.75 numismatic value.

Monday, May 27, 2013

1862-M Italian 10 Centesimi!


Damn, that's a poor ass country! Well not exactly as this was the norm in Europe (excluding the U.K.) back in the day. This pre-decimal Penny sized coin has definitely seen better days. But then, it's obviously seen worse days as well. It features Victor Emmanuel II who, unlike his third version, wasn't involved in a world war or in support of any fascists. (Fun fact that has nothing to do with this post: Mussolini was an atheist but gave the Catholic Church more power while in office.) It's worth about $2.00 in this shape, which is 8x what I bought it for.

Friday, May 24, 2013

1925-A German 2 Reichspfennig!


 All hail the Weimar Republic! It is because of them that Germany was able to produce this coin. Germany's economy was plagued by serious inflation during and after WWI when they began using the Papiermark. Often times wages earned in the morning would be worthless by the evening. Following the Weimar Constitution, a new Mark was issued which was worth 1 trillion times the Papiermark's value, thus ridding them of the inflation problem. Silver coins were reintroduced, though they were worth less than the old, pre WWI Goldmark coins. The above coin is worth about $0.50.

Wednesday, May 22, 2013

1922 French "Bon Pour" 1 Franc!


Here's an interesting coin. Why? Because it marks the period when France (and most of Europe) went off the gold and silver standard (at least temporarily) because of WWI, and later the Great Depression. France didn't recover until after WWII when a new Franc was introduced at 100 times the value of the old franc. This was issued before the Franc was in need of such a serious revaluation, although it was a major step down from the silver 1 Franc coin they produced just two years earlier. As such, it isn't worth much, just around $0.25.

Monday, May 20, 2013

1875-S 20 Cents!


Here's a rare and hard-to-get coin. Although, that isn't true. They're all over eBay and elsewhere, just with very high prices. I got this coin from the flea market for $50.00 and in this shape, it's probably worth that. If you haven't noticed, it's a little bit bent and very worn so I'd put it at AG. It's worth about $100.00 in G. So, since I'm going by the unofficial rule that says half of the last known value = the value of the coin one grade lower, this coin is worth $50.00. It's a nice first 20 Cent coin, and I'm glad I waited to buy it because I got a whole $30.00 knocked off of it. Now that's a good bargain.

Friday, May 17, 2013

British Caribbean Territories - Eastern Group 1964 1 Cent!


Don't pay any attention to the name of the country- it's just the fancy and archaic way to say East Caribbean States. I got this coin at the flea market, of course, and for 10 cents less than it's numismatic value. That's right, a whole dime. Too bad it wasn't a silver one. This coin is worth $0.35, though if it had been marked for a dollar, I probably would have bought it. Well maybe not considering my opinion that QEII looks monkey-ish in this portrait.

Wednesday, May 15, 2013

1947 Turkish 50 Kurus!


My one and only silver Turkish coin and I got it for a steal. It's metal value is worth over 3 times what I bought it for. Sadly it is only worth metal value in this shape and if silver continues to drop, it may only be worth the $0.50 I bought it for. It's from the time before Turkey's economy was plagued with inflation and practically destroyed, but even then it was a small coin with not a lot of silver. It's not a lot of design either and I can't help but feel the coin was rushed or no one really cared. Anyway it's got a nice 7 in the date and it was an OK bargain.

Monday, May 13, 2013

1948 Guatemala 5 Centavos!


What's this? A silver coin from Guatemala? I thought it was a poor country! Well, it is and they haven't issued silver for circulation in a while. Like many countries today, their currency has declined over the years and this coin is worth $0.0064 USD in exchange value. Metal value is different, however, and this coin contains $0.92 of silver. Numismatic value is even better at $7.00. It's made of 72% silver as is stated on the coin. I like the color it has attained; slight rainbow but also just plain silver with a little darkness. I also like the design, but from what I've seen, the die work does vary. Glad I got a good one- I hope.

Friday, May 10, 2013

1910 British Penny!


Nothing really interesting at all here. Just that this coin was from the last year of Edward VII's reign. Not sure if it's because of that or because British coins just have high prices, but this coin is worth a nice $4.00 at best. I probably wouldn't have bought it for more than $3.00 and just by looking at it and knowing nothing of it's value, I would have guessed it to be worth closer to $1.00. It was quite the bargain, though, as I bought it for less than $1.00 ($0.25, $0.50 can't remember).

Wednesday, May 8, 2013

1876-D German 10 Pfennig!

Gotta love that eagle! Of course, it is better looking and not so skinny on the coins made after 1890, but it's still the German Eagle. Well, eagles. Like I said in this post, more worn examples can leave the un-experienced to wonder if the coin just has an endless chain of eagles on eagles, but it does not. This coin is made of copper-nickel and not silver because most European countries, excluding the U.K., had their dollar equivalent coins worth 1/5 of a U.S. Dollar. Evidence for this is here, here, here, and finally here with the U.S. Dollar. All of the coins are .900 silver and between 25 and 27 grams, yet the American Dollar has a lower face value. Lower face value and higher silver content leads to higher exchange value. So from all that I can assume that this coin's exchange value was around $0.02. It is now worth $0.50 which isn't far off from it's value back in the day as $0.02 in 1876 would buy $0.42 in 2012. See here.

Monday, May 6, 2013

1945 Indian Half Rupee!


Not bad for my second Indian coin. My first was also a half rupee, but a more modern and less valuable one. This coin is American Quarter-sized and .500 silver so from that I can say that it's exchange value was probably around 12 and 1/2 cents. This may be entirely inaccurate but it seems logical enough. I especially love the condition which I found out makes it worth $20.00. I only paid $15.00 so I'd call it a bargain.

Friday, May 3, 2013

Netherlands Antilles 1957 Cent!


What a beautiful cent! And in AU, too. It's from the Netherlands Antilles which isn't a country anymore, but when it was it made awesome coins. First off, they made silver coins from 10 cents to 1 Gulden until 1970. That means they kept on after the majority of the world stopped. It also features a very intricate-looking design which just pops right off the coin. It's worth about $2.50.

Wednesday, May 1, 2013

1948 British Florin!


Here's a coin with a somewhat interesting story. Not really historically interesting, just the way I got it. As I was walking through the flea market, I passed by the junk/world coin bin of a dealer I don't usually buy from and saw this coin. I thought it looked interesting and decided that when I was done buying from my regular dealer, if it was still there and I still had money, I would buy it. When I came back around, I still had $3.00 and this coin was sitting right where I left it. I then bought it, as well as four other coins, for $1.00. Not too bad as this coin alone is worth $0.25.