Loading...
At a collectors' meet-up in the Spanish city of Valencia, which took place on November 5th, an interesting coin was acquired—a 1924 Soviet silver ruble. It is a very nice specimen, although it lacks mint luster.
At a collectors' meet-up in the Spanish city of Valencia, which took place on November 5th, an interesting coin was acquired—a 1924 Soviet silver ruble. It is a very nice specimen, although it lacks mint luster.
The coin's condition is graded as VF (Very Fine), possibly reaching XF (Extremely Fine). Similar USSR coins are in demand in Spain, and their price in this condition on the local market ranges from 60 to 70 euros.
| Coin Condition | Market Price in Spain |
| Good condition (details are sharp) | 100-120 euros |
| Average condition (details are worn) | 65-85 euros |
Among the finds were also coins from the British Empire. Of particular interest are the 1889 crowns featuring a portrait of Queen Victoria I. The value of these coins heavily depends on their preservation, and a key element for grading is the clarity of a specific fragment on the reverse.
Using two coins from the same year, one can see how much their value differs depending on the degree of wear. If the details of the design are sharp, the coin's price increases significantly.
One of the acquired specimens shows significant wear: a crucial fragment for grading on the neck of the portrait is worn down. Such a coin, despite retaining its original patina, is valued lower. Cleaning such coins is not recommended, as it can damage them.
Another 1889 crown has been added to the collection, but in noticeably better condition compared to the previously mentioned worn specimen. While the value of the coin in average condition started at 65 euros, this specimen is firmly valued at 75 euros.
This once again confirms how important grading coins by condition is in numismatics. Even seemingly minor differences in the clarity of the relief can significantly affect the final market price of a collectible item.
The last of the British crowns in this selection is an 1897 coin. This is a rarer, so-called "late type," which is found much less frequently than the 1889 crowns.
This type features a different portrait of Queen Victoria, as well as a different design on the edge (the coin's rim). Due to their rarity, such coins are valued more highly. On the Spanish market, their value in good condition is between 85 and 90 euros.
Concluding the review is a find from South America—a 5 sucres coin from 1944, issued by the Republic of Ecuador. This specimen is in excellent condition, which can be described as "Uncirculated" or MS (Mint State), with a bright mint luster.
The coin itself lists its key characteristics, which is of interest to collectors.
The value of similar silver coins in such condition on the Spanish market ranges from 45 to 55 euros.
