old indochina coin

Discussion in 'Coin Chat' started by springaroma, Jul 29, 2010.

  1. springaroma

    springaroma New Member

    Hi guys,

    I'm newbie here & I have a question about an old indochina coin. Hope you guys help me on it.

    I have this coin (plz take a look on the pictures) but I don't know if it has any value. Plz tell me if it's valuable and how much. I have no idea about it & I wanna sell it. It's 114 years old.

    [​IMG]
    [​IMG]
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. hontonai

    hontonai Registered Contrarian

    If genuine, your coin is KM#5a.1, and as stated on the coin itself, struck in .900 silver, with a total weight of 27g, (actual silver weight .7812 oz.) At today's prices, that means it contains silver worth ~$13.87.

    1896 was the second year the coin was struck in that slightly lower weight than had been used from 1885-early 1895. Mintage for 1896 was 11,858,000. The design and composition then remained unchanged until 1928.

    In the 2001 2d Ed. Standard Catalog of World Coins there was no premium over current melt value for coins grading less than XF, at which point the listed value was $17.50.

    I hedge my opinion of genuineness for three reasons:
    • The surface, particularly in the central field, has a somewhat suspicious cast-appearing look
    • Without a picture of the obverse there are diagnostics which are unavailable
    • Every Asian silver coin has been heavily counterfeited, with both contemporary pieces intended for circulation and modern pieces intended for the tourist market and the collectors' market.
     
Draft saved Draft deleted

Share This Page