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Coin and Paper Money Collecting/Value of Bahamas, 1966 Year Set
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Dmitry, I've had this set since I was a kid. It came in a thick plastic envelop 4" x 7" and a cardboard coin holder with their shield in the upper right corner and the # 1207 in the bottom right corner. The holder contains 7 coins, as follows: $1 silver, 50 cents silver, and 25, 15, 10, 5 and 1 cent pieces in various base metals. It is nearly in original condition, but there is probably average toning on the 2 silver and 1 copper coins. On the back is
stamped "Coin of the Realm, Ltd., P.O. Box 1577, Nassau, Bahamas.
What is the catalog value of this set?
Hi Bob,
It's great that you have this set documented so well.
The catalog value really does not apply here, since the most recent book lists this set with a market value of $9. The two silver coins would sell for $15 by themselves. An accurate auction estimate would put your set at $20 to $25 at present, with a retail (coin shop) price of at least $25.
A point of interest: there was also a 9 coin set made that year, which included a silver $2 and $5 coin as well. That set is right around $50 today.
Thanks for the question! =)
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| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |
| Comment | Dmitry, your response is close to my expectation, although I think this may be the 1st year that the Bahamas issued coinage, so this privately produced set could have a modest historical premium, and especially for a complete set with the $2 and $5 coins as you mentioned. I was considering putting it up for auction as it is outside the scope of my collection, but my step-son vacationed there a couple of years ago and found it sentimental to him, and thought it was worth keeping due to the historical significance, so I gave it to him. Thanks for your answer! Bob | ||
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Answers by Expert:
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).
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