0
I am not sure what you mean by a specimen coin, but there are two possibilities. Possibility 1 - A specimen coin is a coin (or bank note) struck as a trial and will be marked clearly in some fashion to indicate that it is a specimen and not for general circulation. Possibility 2 (and most likely) - When a new years coinage is released, the Royal Australian Mint also produces a variety of coins not intended for general circulation. These are produced for collectors and are usually minted with specially prepared dies as mint uncirculated "specimens" of the latest coins. They are presented in protective packaging and are labelled indicating that they are an uncirculated "specimen" set or a "Proof" set or some other high value coin set often made from precious metals.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoMost countries produce Proof or Proof Fleur Du Coin (FDC) coins each year for various coins of their respective currencies. Such coins are not intended to be used as circulating currency, but as more of a collector or investment coin.
Proof coins are minted on specially prepared, highly polished and finished dies. The resulting coin is extremely shiny and will have none of the usual little minting marks and blemishes to spoil the surface.
Proof coins can be very high quality versions of general circulation coins or, they can be bullion coins that do not have a general circulation equivalent.
The Proof coins are frequently, but not always, made from a precious metal, such as silver or gold, and are usually suitably packaged to avoid having them knocked around or getting dirty or being covered with finger prints, etc. They are also significantly more expensive to buy than the face value of the coin would suggest.
Depending on the country concerned, they are usually sold by the Post Office, the Reserve Bank or other Central banking agency in the year of their release, or from coin dealers after the year of their release.
A Proof coin that has been circulated and/or handled, has lost the value that it might have had if it had remained protected in its packaging.
Wiki User
∙ 13y agoMost countries produce Proof or Proof Fleur Du Coin (FDC) coins each year for various coins of their respective currencies. Such coins are not intended to be used as circulating currency, but as more of a collector or investment coin.
Proof coins are minted on specially prepared, highly polished and finished dies. The resulting coin is extremely shiny and have a mirror like finish and will have none of the usual little minting marks and blemishes to spoil the surface.
The Proof coins are frequently, but not always, made from a precious metal, such as silver or gold, and are usually suitably packaged to avoid having them knocked around or getting dirty or being covered with finger prints, etc. They are also significantly more expensive to buy than the face value of the coin would suggest.
A Proof coin that has been circulated and/or handled, has lost the value that it might have had if it had remained protected in its packaging.
The packaging that the coin comes in will have some reference to the details of the coin printed on it.
Wiki User
∙ 13y agoMost countries produce Proof or Proof Fleur Du Coin (FDC) coins each year for various coins of their respective currencies. Such coins are not intended to be used as circulating currency, but as more of a collector or investment coin.
Proof coins are minted on specially prepared, highly polished and finished dies. The resulting coin is extremely shiny and have a mirror like finish and will have none of the usual little minting marks and blemishes to spoil the surface. Apart from that, they are identical to the same denomination general circulation coins.
The Proof coins are frequently, but not always, made from a precious metal, such as silver or gold, and are usually suitably packaged to avoid having them knocked around or getting dirty or being covered with finger prints, etc. They are also significantly more expensive to buy than the face value of the coin would suggest.
A Proof coin that has been circulated and/or handled, has lost the value that it might have had if it had remained protected in its packaging.
The packaging that the coin comes in will have some reference to the details of the coin printed on it.
Wiki User
∙ 12y agoThe short answer is that the Australian One Dollar note is not rare.
There are a number of types of notes that are highly sought after by collectors.
A "Star" note is a note that has been reprinted after the original note was spoiled during the printing process. The last character of the serial number will be a star. These were printed in 1966, 1967 and 1969 and will begin with the serial prefixes ZAA to ZAQ. For example - ZAD 32165*. The RBA discontinued the practice of "Star" notes as being too expensive and unnecessary.
The first and last in a series, for example - AAA 000000 or AGE 999999, the serial range printed in 1966.
Million numbered notes, for example - DBP 1000000, admittedly these would be rare.
Notes with all numerals the same, for example - DBF 222222 or ACK 555555.
Consecutively numbered groups of 2 or more notes.
Any note with a genuine printing flaw.
Many of these would need to be in mint uncirculated condition to get any great price for them.
Wiki User
∙ 11y agoMost countries produce Proof or Proof Fleur Du Coin (FDC) coins each year for various coins of their respective currencies. Such coins are not intended to be used as circulating currency, but as more of a collector or investment coin.
Proof coins are minted on specially prepared, highly polished and finished dies. The resulting coin is extremely shiny and has a mirror like finish and will have none of the usual little minting marks and blemishes to spoil the surface.
The Proof coins are frequently, but not always, made from a precious metal, such as silver or gold, and are usually suitably packaged to avoid having them knocked around or getting dirty or being covered with finger prints, etc. They are also significantly more expensive to buy than the face value of the coin would suggest.
A Proof coin that has been circulated and/or handled, has lost the value that it might have had if it had remained protected in its packaging.
The packaging that the coin comes in will have some reference to the details of the coin printed on it, ie. that it is a Proof coin, what it is made from and any other details that identify the coin as different from a general circulation coin.
Add your answer:
Earn +20 pts
How do you tell if a 1917 penny is proof?
If its from the 170000 ! Iguess.
How do you tell if its a 1943 war penny?
Other than the DATE it will stick to a magnet.
How do you tell if a 1943 steel penny is real or fake?
The 1943 steel cent is so common and low in value that no one bothers making fakes. It's the COPPER '43 that has fakes out there. A genuine steel penny is magnetic.
How can you tell what type of material your 1943 penny is?
The 1943 Lincoln cents only weigh 2.70 grams and are made of zinc coated steel and will stick to a magnet.
How can you tell the difference between a silver penny and a steel penny?
It's easy! Pennies were never made of silver. They would be worth way more than a cent. Steel pennies were made in 1943. So if you have a penny that was minted in 1943 it's not silver but rather steel.
How do you tell if 1943 penny is from Philadelphia?
The U.S. Mint does not use P mintmarks on one cent coins. A 1943 Lincoln cent without a mintmark was struck at the Philadelphia Mint.
1943 copper wheatback penny with no mint mark what is it worth?
you have a 1943 penny that looks like it is made out of copper, this is how you can authenticate it to tell if it is a genuine 1943 copper penny, or a fake 1943 copper penny. But first of all, be aware that the 1943 penny was issued in zinc-coated steel, because the USA needed copper for the war effort. Any genuine 1943 copper pennies are extremely rare mint errors. Learn more about your silver colored 1943 Steel Penny. The easiest way to tell if your 1943 copper cent is merely a copper-plated steel penny is to test it with a magnet. If the magnet sticks to the penny, it's made of steel which has been dipped or plated in copper. Such a penny is worth about 15 cents as a novelty item. If your 1943 copper colored penny doesn't stick to a magnet, then look at the date carefully (using a magnifying glass, if possible.) If the tail of the 3 doesn't extend well below the "line" of numbers, it is probably a cut-in-half 8. A very common fraud involving the copper 1943 cent is to cut away part of the 8 in the date of a 1948 penny. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Any time you have a potentially valuable coin, it's always a good idea to take it to a qualified coin dealer for a professional opinion. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. More Coins Quick Tips Coin Values Guide
1943 penny value?
I'm a big coin collector and I'm going to to tell your the value of a 1945 penny in good condition! Good condition could be valued at about $0.05. Vg
What is the value of a1947 Australian half penny?
At least $0.01 Australian.Beyond that it's virtually impossible to tell sight unseen. You would need to take it to a dealer.
How can you tell if a 1990 Australian kookaburra coin is Sydney Fair proof in silver?
It will say so on the packaging it was sold in and on the numbered certificate that came with it.
How do you tell if 1936 penny is a proof penny?
8-15-11>>> The first thing is the coin can't have a mintmark. Proofs were only struck in Philadelphia at this time and were NOT relased for circulation, less than 6,000 were struck. I don't know what makes you think the coin is proof, but the best thing to do is take it to a coin dealer.
How much is a 1943 German penny worth?
Answer All coins are considered worth something depending on how many of that particular coin was minted in 1943. You can find this out by buying a book on old coins, and it will tell you how many were minted that year and what your coin is worth.
