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<p>[QUOTE=&quot;satootoko, post: 31252, member: 669&quot;]Welcome to the forum Tim.</p><p>If you&#039;re hoping that you have found a treasure, I&#039;m afraid I&#039;ll have to disappoint you.</p><p><br /></p><p>Dominica, is an island member of the monetary union known as the East Caribbean States, which produces uniform coinage for several members of the British Commonwealth in that part of the world.&nbsp; For a brief period following its independence in 1978, it issued Non-Circulating Legal Tender (NCLT) coins denominated from four to 300 dollars; but it does not use coins bearing its name in daily commerce.</p><p><br /></p><p>Yours is not listed in the Standard Catalog of World Coins by Krause &amp; Mischler, and from your description it apparently does not have a denomination.&nbsp; That means it is siimply what is known as a &quot;silver round&quot;, a piece of silver bullion made specifically for sale to collectors.</p><p><br /></p><p>Both NCLT coins, and silver rounds, generally sell at retail for a very small premium above their bullion value.&nbsp; That is currently $4.86 per ounce for pure silver.</p><p><br /></p><p>With the associated first day cover it might be worth a little more to a stamp collector, and perhaps an FDR enthusiast would also value it at more than $5.[/QUOTE]</p><p><br /></p>

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