One coin, two errors: How production hiccups affected this silver commemorative (2024)

FAQs

Are silver commemorative coins worth anything? ›

Commemorative coins are minted only once and never again, so their numismatic value can increase over time. Their price depends on their uniqueness and collector demand. If silver prices go up, their value will also increase.

REG FD 1977'. The coin is quite different to others as it measures 3.83cm in diameter and 28.28g in weight. The coin can be purchased on eBay for around £2 meaning it doesn't have a huge amount of worth.

As such, it is not highly valuable, but does tend to still fetch more than its original value. The silver Proof coin would be worth more with collectors, though bullion dealers such as ourselves would only be able to offer the metal value.

Congress authorizes commemorative coins that celebrate and honor American people, places, events, and institutions. Although these coins are legal tender, they are not minted for general circulation.

Where can you cash commemorative coins? Most large Post Offices will offer to cash in commemorative coins if you really want to dispose of them in this way. Some banks do accept them at their own discretion, but this is unlikely.

The easiest way to sell coins is to track down a reputable dealer. They'll offer a wholesale price instead of retail, but a lower rate might be worth the convenience. Other options include auctions, online marketplaces, and searching an online forum for collectors.

According to Mr White, the rarest and most valuable coin of Queen Elizabeth II is the 2009 Kew Gardens 50p coin which currently has a value of £170. The coin expert said: “One of the rarest coins featuring the portrait of the late Queen Elizabeth II is the Kew Gardens 50p coin, released in 2009.

This matters little, as all Crown coins are now worth far more than their denomination or face value. Currently, depending on their condition, copper-nickel versions of the Charles and Diana Royal Wedding coins are selling for around 80p to £4.

One side of the coin carried an image of the Queen on horseback while the other showed some of the regalia used during the coronation ceremony. In theory, you could spend your 1977 coin on the High Street, but it is almost certain your local shop would refuse to handle it if only on the grounds of unfamiliarity.

What does the silver jubilee coin look like? ›

The distinctive 1977 Silver Jubilee coin design

The coin's obverse or front side has the image of the Queen riding a horse. The portrait is similar to the 1953 British crown that celebrated her coronation. The inscription 'ELIZABETH II DG. REG FD 1977' encircles the image.

The best way to determine if your coins are silver is to view the edge of the coin. If the coin has a solid silver stripe, then you can feel confident that it's silver. If you can see a copper stripe, then the coin is clad. A more subdued silver stripe with faint traces of copper could mean that the coin is 40% silver.

Yes. A bank can set its own internal policy as to whether it will accept or exchange unrolled coins for currency.

Modern silver bullion commemorative coins from the United States Mint were first issued in 1982, with the first $1 silver coins available starting in 1983. Each of the coins features 90% silver content and are roughly the size and weight of the Morgan Silver Dollar and Peace Silver Dollar coins.

1. The 1794 Flowing Hair Silver Dollar. The 1794 Flowing Hair Silver Dollar may sit atop the rankings of the most expensive coin ever sold, at least for now. Some experts believe that it was the first silver dollar struck by the U.S. Mint.

Morgan Dollars

The Morgan dollar, struck from 1878 through 1921, is the most popular collectible silver coin. The Morgan is also a major hit with precious metals investors. It's hard to resist these large, heavy silver coins that are now a century old.