Is a 1984 1 Krona, ein Krona Island coin rare or is it one made of a certain medal.

I read this on ask.com:
The rare ein Krona Island coin of 1984 was built for only one year in Iceland and was cancelled because the cost was too great to create. This collectable has sold out and was imported into Massachusetts and then sold across the country to collectors up to approximately 150 US dollars. This coin is rare because it is smithed 100% out of coledualeel (a rare compound only found in Iceland).

Read more: http://wiki.answers.com/Q/What_is_the_value_of_a_ein_krona_island_coin_1984#ixzz28NuY7mqo

I found a 1984 ein Krona Island coin but seen it sell in bronze for $150 but see others on Ebay being listed fora couple bucks. Is the rarity when it is minted in bronze?
The coin below I found in a roll of nickels.

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I've never heard of that one.

The contributor doesn't appear to be a numismatist.

Besides, I didn't know coins were "built" I thought they were minted. Must be a translation problem.

But who knows, you could have a real jem there.

Generally coins that are "built", "smithed", "too great to create", have "sold out", and "imported into Massachusetts" are worth more than the average bear.


Krause has it listed as:

KM# 27 KRONA
4.5000 g., Copper-Nickel, 21.5 mm. Obv: Giant facing Rev: Cod
Edge: Reeded
Date Mintage F VF XF Unc BU
1981 18,000,000 — — 0.15 0.75 1.50
1981 Proof 15,000 Value: 8.00
1984 7,000,000 — — 0.15 0.75 1.50
1987 7,500,000 — — 0.15 0.75 1.50

KM# 27a KRONA
4.0000 g., Nickel Plated Steel, 19.79 mm. Obv: Giant facing
Rev: Cod Edge: Reeded
Date Mintage F VF XF Unc BU
1989 5,000,000 — — — 0.75 1.50
1991 5,180,000 — — — 0.75 1.50
1992 5,000,000 — — — 0.75 1.50
1994 5,000,000 — — — 0.75 1.50
1996 6,000,000 — — — 0.75 1.50
1999 10,000,000 — — — 0.75 1.50
2000 10,000 — — — 1.50 2.00

 

Yes, NGC has the same listing for 1984. I don't understand what the person answering the question got this information, I can't find it anywhere. I can't even find any information about this material, coledualeel, that is only found in Iceland that it is supposedly made of. It looked like copper-nickel to me. Looks like it is getting tossed in the felt bag with the rest of the world coin roll/reject bin finds.

 

You should keep this coin somewhere special because it "was imported into Massachusetts."

 

Here's an article on Icelandic minerals considered rare:

http://lotukerfi.blogspot.com/2012/08/rare-earth-elements-hulismalmar.html


Also, here's a prime example of the Iceland 1 krona 1984 coin. Note the beautiful toning. :thumb:
http://www.ebay.com/itm/Iceland-1-Krona-1984-/170823794983?pt=US_World_Coins&hash=item27c5e44127

 

Or imported by an Icelander

Most likely, someone from Iceland visited here or someone from here went to Iceland than dumped it into a coin machine somewhere. I found a lot of world coins over the Summer, when most people take their vacation.

 

Wow, what a bargain at a Buy-It-Now price of $2.75 marked down from $150.

 

"coledualeel" must mean "bullsh*t" in Icelandic. :devil:


Watch it be true. That coledualeel be a true rare mineral in Iceland, that the coin was built and smithed only in 1984, that it was smuggled, via someone's body cavity, into Massachusetts and that quite possibly you may own that very same coin. If so, I can finally use this emoticon: :foot-mouth:

Wear gloves my friend!

 

Well...I'll just observe this Krona coin is common; it's minted from copper-nickel, and has the same color as your coin. As for 'coledualeel', that is not an Icelandic word, nor is at rare compound--if it even existed. The link you provide just repeats your assertion--it does not explain it. I collect Iceland coins and know collectors from Iceland, and never heard of such a coin. But, if there's anything that's from Iceland and nowhere else, it might be the Icelandic horse, or real Icelandic sweaters.

Update: I see this is a very old thread--sorry for re-opening this can of worms.

 

You didn't. The post above you did, complete with his email. Have fun getting spammed @Dan A

 

Again...I learned something today. I feel knowledge making me smarter!!! <thumbs up>