Ghana coin

Discussion in 'What's it Worth' started by yiorgos131313, Feb 17, 2015.

  1. yiorgos131313

    yiorgos131313 New Member

    Hello every one
    Ijust got this coin but just cant get any Info on it on the Internet can any one help thanks yiorgos
     

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  3. afantiques

    afantiques Well-Known Member

    It may be one of a series depicting different styles of art. It's the equivalent of 1 troy ounce of pure silver (it is actually sterling silver) and is unlikely to have been anywhere near Ghana, although it was probably authorised by the Ghana government and made by one of the so called mints that make fancy novelties for gullible collectors.

    There will be people making this sort of fancy bullion as long as there are buyers, but a few years down the road, all they will fetch is their metal value.

    It bears as much relationship to real coins as popcorn does to real food.
     
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  4. yiorgos131313

    yiorgos131313 New Member

    Thank you so much for your Info which is so true. Just didnt want to accept it . well said

    fancy novelties for gullible collectors.
     
  5. doug5353

    doug5353 Well-Known Member

    Also interesting, on the foreign exchange website this morning, 1 Cedi equals 28 US cents, making the so-called "face value" of this 5 Cedi silver coin a trifling $1.40 US.

    For over 10 years, Ghana has had mammoth inflation, "dropping zeros" several times, with ordinary postage stamps denominated as high as 20,000 Cedis.
     
  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I have never seen anything like it. I found a similar coin like yours and have a picture. It's celebrating a Russian Christmas.. what a weird combination!

    Russia.JPG
     
    Last edited: Feb 17, 2015
  7. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    And ROCOCO means the following - a style of architecture and decoration, originating in France about 1720, evolved from Baroque types and distinguished by its elegant refinement in using different materials for a delicate overall effect and by its ornament of shellwork, foliage, etc.
    rococo.JPG
     
  8. yiorgos131313

    yiorgos131313 New Member

  9. doug5353

    doug5353 Well-Known Member

    OK, no more badmouthing popcorn!o_O
     
  10. afantiques

    afantiques Well-Known Member

    Obverse: Coin oval mirror on the field at the top of a piping located crown, underneath the image of the State Emblem of Ghana (is a picture of a shield divided into four parts of the cross, crowned leopard; each part contains various images, five-pointed star above the shield; shield held by two golden eagles, which are based on the tape containing the motto of Ghana: "Freedom and Justice" (Eng. Freedom and Justice)), below is divided into two parts of the year of issue "2014". In the central part of the field - the profile of Queen Elizabeth II, under it beneath the mark - «IRB» fine print above the profile located semicircular inscription: «REPUBLIC OF GHANA», located beneath a semicircular inscription: «ELIZABETH II», below "5 CEDIS» under it the mark of Saint Petersburg Mint, Assay Office and the inscription «Ag925 33,63g». Along the edge to the left, right and bottom is decorative ornament with floral elements and mythological characters

    So it seems these things originate with the Saint Petersburg Mint, just another commercial mint like Pobjoy Mint or Birmingham Mint or Franklin Mint but based in Russia.
     
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  11. yiorgos131313

    yiorgos131313 New Member

    this is the time Siberian man needs to step in we are waiting Ευγενιε
     
  12. chrisild

    chrisild Coin Collector

    The mint in St. Petersburg is part of Goznak and has pretty much the same legal status as the mint in Moscow. But yes, of course most mints today are commercial, or government owned profit centers ...

    Christian
     
  13. micbraun

    micbraun coindiccted

    WT...? Queen Elizabeth & Santa Claus on the same coin with a motto in Russian? And it's colorized...? I vote for WORST COIN(?) EVER!
     
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  14. yiorgos131313

    yiorgos131313 New Member

    I came across it too, and you forgot to add Ghana to it .
     
  15. afantiques

    afantiques Well-Known Member

    I wonder how much it costs to have some poor African or Pacific Island state to give 'official' approval for these NCLT issues that have nothing remotely to do with the country concerned, never get within a thousand miles of the 'issuing' countries that are named, and have as little to do with coin collecting as picking up pebbles on the beach has to do with collecting fine gemstones.

    I also wonder if any of the money ever benefits the state concerned apart from buying the finance minister and a couple of cronies a new Mercedes each.
     
  16. yiorgos131313

    yiorgos131313 New Member

    Ijust think that poor African country had a very Smart person in the goverment WHO in some way made some Money upon approvel of these coins to be made .
     
  17. micbraun

    micbraun coindiccted

    Replace "smart" with "corrupt"...
     
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