You are here:

Coin and Paper Money Collecting/1971 native american coin

Advertisement


Question
Hello, I would like to know the value and rarity of a coin that I found. On one side, it says TALAVAI KACHINA SIVA and on the other side it says SOVEREIGN NATION OF THE HOPI, and is dated 1971. It is in fantastic condition.

Answer
Hi Veronika,
You have a privately made silver bullion round, made not as a coin but as a means to invest in silver. This would be a 1 troy ounce .999 silver piece. There are a wide range of designs for these, mostly patriotic and historical. Many firms and banks created these through out the 1970's and 80's and, to a lesser extent, still do today.
The value for this is really subjective. I have seen them sell on the open market for around $20 because people bid on them for their silver bullion value plus 10% or so for the nice design.
However, a collector of Native American items would be willing to pay a lot more.
There are a couple of them selling on eBay at the moment if you would like to take a peek.
Thanks for the question! =)

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Dmitry Livshits

Expertise

My specialty is world coins from the 18th to 20th centuries, primarily non-US foreign coins and related areas such as errors and exonumia (tokens, medals, etc.). I can answer questions relating to identification, grading, selling, preservation and evaluation of such items. In addition to catalog value, I can give you the practical market value and trends for specific types of coins. I will also take questions regarding counterfeits (both modern and antique) and on how to identify them. I am NOT knowledgeable in paper money/banknotes, ancient or "shipwreck" coins. Thank you.

Experience

Collector of world coins since early childhood. Access to a variety of auction records and reference material. You can also find me on Facebook.

Education/Credentials
A.S. in Psychology (2006), B.A. in Forensic Psychology (2008), M.A. in Forensic Psychology (2011).

©2012 About.com, a part of The New York Times Company. All rights reserved.