A commemorative coin is a coin that is made to honor or celebrate a person, an event, an institution or a place. Commemorative coins are legal tender, but are not put into circulation.Continue Reading
Commemorative coins made in the United States help raise money for organizations and to build new museums and attractions, pay for upkeep of national monuments and help support some Olympics programs.
For example, in honor of the 100th anniversary of Orville and Wilbur Wright's first flight in an airplane, the U.S. Mint produced a series of coins. The proceeds of these coins help pay for the maintenance of the Wright Brothers National Memorial Park.Learn more about Coins & Currency
"WRL" on a coin indicates that the coin is a reproduction created by Westair Reproductions Limited. Westair creates and supplies historical reproduction items to museums, gift shops, castles and historic houses all over the world. The company is based in the United Kingdom.Full Answer >
Since the U.S. Mint dates all coins it produces, collectors consider a Buffalo Indian Head nickel with the date rubbed off as a low-grade coin likely worth about 50 cents. The intrinsic value of the metal in the coins is around 5 cents, as of 2014.Full Answer >
Determine the value of a Sacagawea coin by looking up the year and style of coin on a valuation website, such as USACoinBook.com, Coinflation.com, NGCCoin.com or PCGS.com. Auction sites like eBay.com also provide a good source of reference for actual current and historical sale prices compared to projected values.Full Answer >
To determine the value of a $5 golden coin, visit a website that offers current values, such as CoinStudy.com. The site offers pricing information for the Liberty $5 gold coin, minted between 1839 and 1908, and the Indian $5 gold coin, minted between 1908 and 1929. The value of a gold coin varies depending on the condition, date and mint location as well as the going trade price for gold commodities.Full Answer >