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<p>[QUOTE="hontonai, post: 959765, member: 4703"]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.</p><p><br /></p><p>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.</p><p><br /></p><p>In the 2001 2d Ed. <i>Standard Catalog of World Coins</i> there was no premium over current melt value for coins grading less than XF, at which point the listed value was $17.50. </p><p><br /></p><p>I hedge my opinion of genuineness for three reasons: <ul> <li>The surface, particularly in the central field, has a somewhat suspicious cast-appearing look</li> <li>Without a picture of the obverse there are diagnostics which are unavailable</li> <li>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.</li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="hontonai, post: 959765, member: 4703"]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. [i]Standard Catalog of World Coins[/i] 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:[list]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.[/list][/QUOTE]
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