Oh no! Your coin is holed? I'm sorry to read that! That makes it worthless. Collectors will only very rarely buy holed coins as fillers for their collections when the coins are extremely scarce, and at highly reduced prices.
These coins, however, are not scarce. They are borderline modern coins minted in copper-nickel with quite high mintages and a quite low demand.
These are approximate catalog values for the 1940 10 and 25 aurar coins from Iceland.
That is Melqart, god of the Phoenician city of Tyre, on the front of this nice silver coin. On the eagle side, you can see the Greek inscription TYPOY (IEPAX) for the city of Tyre. A vertical club is found to the left of the eagle.
These coins date from before Christ to after, and come in two basic denominations:
SHEKEL: about 14 grams, about 28 mm diameter
HALF SHEKEL: about 7 grams, about 22 mm diameter
Numismatists who study these intriguing coins understand the dating system and the minting system, which appear to the left and right of the eagle. But those details are beyond CoinQuest's scope and do not affect value too much. What does affect value is condition and overall eye appeal.
Nice coin, Mickey. These old silver rupees from India represent an interesting series of coins, and many of them -- especially the older dates -- are valuable.
The coin in our picture is one of the earlier versions. Later coins changed monarchs (India was British until 1947) and reverse designs, but the basic coin was the same all the way from 1862 to 1947. You will see coins in this series as follows:
1/4, 1/2, and 1 rupee
Starting in 1983 the UK standardized the 1 pound coin as shown in our pictures. The bust of Queen Elizabeth changes after 1983, and the reverse side changes from time to time. All the coins you find in circulation are made of nickel-brass and are worth face value: one pound in the UK. You can use xe.com to figure exchange rates between currencies of various countries.
In addition to the business strike coins produced for circulation, the Royal Mint also produced proof coins for collectors. You can see the sharp difference between the proofs and business strikes by considering our secondary picture. Four the the coins are proofs; one is a business strike. It doesn't take a rocket scientist to see the difference!
Well, Heather ...
Either you have a very valuable coin, or you have one that is worth nothing. How's that for narrowing it down?!
During the Civil War, the Confederate (southern) States of America issued only two types of coinage: a one cent piece and a half dollar. (See our write-up on the one cent piece at this CoinQuest link.) They minted very few of each, so if you have a genuine, original CSA half dollar, you have a coin worth tens of thousands of US dollars today. Genuine CSA half dollars are so rare that the coin catalogs do not even list an estimated value! The coin in our main is a genuine piece.
The 1957 5, 25, and 50 pesetas coins from Spain are ones that can get collector juices flowing. The vast majority of these coins are very common, low-value pieces. These coins are made of copper-nickel and are worth only face value. A collector might pay a few US dollars to add a fully uncirculated specimen to his or her collection.
ALL COINS EXCEPT THOSE DESCRIBED BELOW:
worn: less than $1 US dollar approximate catalog value
average circulated: less than $1
Hi Deb -- You probably have a well-worn 8 reales coin from the old Republic of Mexico.
These coins contain 0.786 troy ounces of silver. So that sets the minimum value they can attain. For instance, if silver is selling at $12 per troy ounce (look it up for today's price at kitco.com), the minimum price is 0.786 x 12 = $9.40.
Coins with the liberty cap and starburst pattern were minted in smaller denominations than 8 reales. In fact, denominations of 1/2, 1, 2, and 4 reales look the same, only smaller. The denomination appears explicitly on the coin in the place where '8R' appears on the 8 reales. Look for '1/2R', '1R', '2R', or '4R' on your coin and, if you have one, click to this appraisal page.
I don't know where Miss Liberty's tail came from, but it sure is hard to ignore! See below for more information on Liberty's tail.
French Indo China is Vietnam, Laos, and Cambodia today. They issued several denominations of coin with the tailed Liberty design on the front of the coin and the specific denomination on the back. The 10 cents is the smallest, and the piastre is a large coin the size of a US silver dollar. All these coins are made of 90 percent (titre 0.900) silver, and some of the value comes from this precious metal: