Hi Kelly -- Well, this looks like an exotic coin, and it is very pretty. But it is not made out of gold. Too bad! It is made of aluminum bronze and is worth face value. There are some coins like this made out of silver, and they are worth their weight (0.25 ounces) in silver.
Arcades are prevalent today, but they are certainly not new. The computer-generated, full-immersion, nerd's paradises are new, but not arcades in general. And they have used metallic gaming tokens for a long time.
The token in the picture was sent to CoinQuest by Brandon. A member of the World Internet Numismatic Society identified it for us as a token from the now-defunct Aladdin's Castle chain of gaming arcades. If you stop by a gaming blog, you will see that many *older* gamers (25 and older!), remember Aladdin's Castle with great fondness. Apparently Aladdins's Castle has been taken over by Namco, who is celebrating the 30th anniversary of Pac-Man this year.
Chinese dragon coins are enjoying strong popularity with collectors and that makes their value high. Counterfeits, however, put a huge damper on enthusiasm about Chinese coins. Conversion of the monetary units goes like this:
3.6 candareens = 5 cents
7.2 candareens = 10 cents
1 mace and 4.4 candareens = 20 cents
3 mace and 6 candareens = 50 cents
7 mace and 2 candareens = 1 dollar
It is difficult to put accurate values on these coins for three reasons. First, Chinese collecting is in its infancy and the catalogers are playing catch up with market trends. This makes catalog values inaccurate. Second, there are numerous subtle differences from coin to coin, and sometimes those differences can easily double a coin's value. Third, and most important, is that fake Chinese coins flood the market. At the bottom of this page you can see a side-by-side comparison of a real and fake Kiang Nan dollar. The discrepancies between real and fake are easy to see with a side-by-side look, but difficult if you don't have a known genuine piece to compare to.
Peru minted these nice-looking coins in silver between 1859 and 1935. They all use the same seated lady/pedestal/wreath/shield pattern, but they come in different denominations. The same pattern is used on some copper and gold coins, but this page applies only to silver coins between 1859 and 1935.
Here are the denominations and relevant statistics:
1/2 (MEDIO) REAL 1858-1861 14 mm diameter 0.038 troy ounces silver
REAL 1859-1861 17 mm diameter 0.72 troy ounces silver
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.
On the 25th anniversary of her reign, Queen Elizabeth issued this coin with the denomination 25 new pence. She looks very sporty on that horse, I'd say.
Most of these were issued in copper nickel and are worth a few US dollars to collectors if they are in good shape. A total of 377,000 coins were issued in proof silver, like our picture, and these retail around the $25 mark, maybe more or less as the price of silver goes up and down.
The silver proofs contain 0.841 troy ounces of silver, so multiply the current price of silver by 0.841 to find the coin's value today. If, for example, silver is selling at $20 US dollars per troy ounce (look it up on kitco.com), then the coin's value is 0.841 x 20 = $16.80.
This is a czar Nicholas II 'Romanov Dynasty' rouble struck by the St. Petersburg mint, a popular one-year type commemorating the 300th Anniversary of the Russia's ruling family, the Romanov Dynasty. By 1917 the Romanov Dynasty came to an end when the Russian Empire dissolved to the Marxist Bolsheviks, paving the way for the Soviet Union.
These coins contain 0.579 troy ounces of silver, but their numismatic (coin collector) value out-shadows their silver value:
William Moulton (WM on the coin) was empowered by the newly formed House of Representatives to make a copper coin in 1776. Not much more is known about these coins. They did not appear in circulation. If you should have a genuine New Hampshire copper, it is essentially priceless, worth 100s of 1000s of dollars. The counterfeits are worth zero.
However, it is essentially impossible to find such a coin. In China, and other emerging free-market countries, counterfeiters are enjoying their regulation-free atmosphere and flooding the market with fake rare coins. That is, in all probability, what you have. It is worth a few US dollars as a novelty, even if it does not carry the COPY inscription which is mandated in the US, but not in many other countries.