- For What It's
Worth
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- Gary Miller,
a veteran second-generation coin dealer, joins the Wayback Times
for a Q&A for readers.
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- Do you have
questions about coins and related collectibles? Send Gary an
e-mail and he will advise you on the background of your items
and their value.
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- Gary Miller's For What It's Worth
Q&A
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- Hello Gary,
- We have in our possession a
large silver coin dated 1747. We have no idea how we came to
own it, or where it is from. It is about the size of a silver
dollar and just as heavy, with a portrait of a woman. The writing
on the coin is likely not English. What can you tell us about
this, where is it from and what might it be worth.
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- Chris Ridderbusch
- Cambridge, ON
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- Hi Chris,
- What you have is a lovely silver
Rouble from Imperial Russia minted during the reign of the Czarina
Elizabeth Petrovna. She was the daughter of Peter the Great and
she literally took over the throne from her cousin Anne in 1741.
She reigned effectively until her death in January 1762 at the
age of 53. It has the portrait of Elizabeth surrounded by Cyrillic
lettering and the reverse shows the Imperial Russian eagle. It
is, as you said, dated 1747 and struck at the St. Petersburg
mint. While it is not particularly rare, it is a nice example,
and the Russian market is still very strong, I would expect that
this coin would sell for $400 to $500. Thanks for your inquiry
and I hope this helps.
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- Gary
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Dear Gary,
- We have a gold coin dated 1776
with a portrait of George III on one side and a shield on the
other. It is about the size of a quarter. We would like to know
more about it as far as what it is and what its value might be.
We have attached photos of both sides for you.
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- Elizabeth Rogers,
- Milton, Ontario
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- Elizabeth, thank you for
your query.
- The coin you have is a very
nice example of an English Guinea of George the third (1760-1820).
A Guinea had a value of 21 shillings, or one pound and one shilling.
The denomination was introduced by Charles II (1660-1685) and
was initially valued at 20 shillings, or one pound, and later
were revalued at 21 shillings.
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- The name of the coin relates
to gold used for some of the issue was imported from Guinea by
the Africa Company. The Guinea was replaced by the Sovereign
in 1817.
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- Your coin is of some interest
because the condition is better than average and the date is
quite significant. All coins dated 1776 sell for a good premium
because of the demand generated in the United States because
it coincides with their Declaration of Independence. Because
your coin has this date and a portrait of King George, it makes
it a highly sought-after coin south of the border.
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- Based on the condition - quite
good (Extremely Fine or EF in numismatic grading terms) and the
important date - I would expect this coin to sell for about $800
and perhaps more if offered in a major US auction.
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- Gary
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Dear Gary,
- I have in my possession a one
dollar bill from Newfoundland. It is blue in colour, dated 1920
and has a picture of King George, I believe, on it. What can
you tell me about its value and history? It is in poor condition,
but fully legible.
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- Clive Osbourne
- Kingston, ON
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Clive,
Thank you for your e-mail. The note in question is a Government
of Newfoundland $1 Treasury note of 1920.
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- Newfoundland, at the time, was
not part of Canada and this bill and a $2 bill were issued July
2, 1920, to deal with a shortage of coin and currency at the
time. When it was issued, silver was very high on the world markets
and many of Newfoundland's silver coin was leaving the country.
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- The note features the "Admiral"
portrait of George the 5th on the left and a Caribou on the right.
About 400,000 notes were issued and many had been removed from
circulation by 1939.
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- Of the $1.2 million worth of
notes printed in both the $1 and $2 denominations, only about
10% still survive today.
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- Although your note is not in
the best condition, it is a whole note without any tears, holes
or writing on it and would grade as VG (Very Good). If I owned
this note, I would ask about $300 for it and probably sell it
fairly easily as demand seems to outweigh supply for these notes.
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- Gary
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
Dear Gary,
We have had this US 20
dollar bill in the family for as long as I can remember and I
wanted to get your opinion on its value. It is larger than normal
bills and says In Gold Coin on it. Does this mean
it is worth a twenty dollar gold coin? What can you tell me about
it?
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- Dale Marshall
- Scarborough, ON
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- Dale, thank you for your
e-mail.
- You have a United States 20
dollar Gold Certificate dated 1922. The US issued Gold Certificates
from 1865 until 1928 and with their orange coloured backs they
are a popular reminder that there was a time when US paper currency
was indeed as good as gold. This is no longer the
case.
Gold Certificates were made in denominations from $10 to $10,000.
While many of the larger denominations were used only between
banks, the $10 to $100 notes were circulated among the general
public and this one could have been redeemed for 20 dollars in
gold coin upon demand.
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- This is a nice example of a
popular and highly sought after issue. It has good colour and
appears to be in Very Fine (VF) condition and would sell for
about $350 - $400.
Gary
Do you have a question for Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Dear Gary,
- We recently found a few old
banknotes from Bermuda in a box of my late mothers stuff.
This one appears to be in the best condition. I know it is dated
1937, but I wanted to know if they would be worth anything to
a collector.
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- Al Harris
Oakville, ON
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- Thank you for your email.
You own a very nice George
VI 5 Shilling note issued by the Bermuda Government in 1937.
It features the young portrait of King George with a view of
the Hamilton harbour below. British Commonwealth banknotes are
very popular and collectable.
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- In the field of paper money,
condition is everything and the note you sent me scans of is
particularly nice. It has good colour and body and appears to
be free of any folds, with the exception of a couple of slight
corner bends. It would be graded as extremely fine condition
and as such would catalog for about $175. If the note were in
perfect condition, it could sell for as much as $350.
I would be curious to know what other notes you have as the higher
denominations, the 5 Shilling being the lowest, are all quite
scarce with the 5 pound being in the $500 - $1,500 range.
Gary
Do you have a question for Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Hello Mr. Miller,
- I hope you can help me identify
and appraise this coin. It has been handed down through my family
for many generations. It appears to be made of silver and is
fairly large and heavy. It has the portrait of a man and woman
on one side and the writing says GVELIEMVS-ETMARIA-DEI-GRATIA-.
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The other side has a heraldic shield and a date of 1689 on either
side of the crown with MAGBR-FR-ET-HIB-REX-ET-REGINA- around.
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- I believe it is English, but
it has no mark of value and we are not sure if it is a coin or
medal and what the value might be.
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- Tim Gartner,
Kingston, ON
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- Hello Tim.
Thanks for your letter. You have a very interesting English coin
minted during the reign of William and Mary who reigned jointly
from 1688 until Marys death due to smallpox in 1694. It
is a silver Halfcrown and had a value of two shillings and sixpence
at the time.
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- Mary was the daughter of King
James II and niece of King Charles II. She was born in 1662 and
was married to William of Orange as part of Charles IIs
foreign policy.
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- James lost control of the English
throne in 1688 when the loyalist Tories moved against him due
to his many Catholic appointments. He was forced to abdicate
in 1688 and later died in exile in France.
William continued on as sole monarch
after Marys death until he died as a result of a serious
fall from his horse in 1702. Queen Anne, Marys sister,
and a protestant, succeeded him to the throne of England.
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- It is a fabulous example of
a desirable coin struck during a fascinating time in English
history. In its present condition it would sell for roughly $2,000.
Do you have a question for Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Dear Mr Miller,
We have many coins left
by our Grandfather but this one is puzzling to us as we have
not been able to find anyone to give us a value. We believe it
is from Mexico. It is large like a Silver Dollar and we think
it is made of silver. It has discoloured a bit but it appears
to be in very good condition. I have been told not to clean it,
which we haven't and we would like to know whatever you can tell
us about it.
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- Sandra
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- Sandra,
Thank you for your letter.
The coin in question is from Mexico and is an 8 Reales. It is
silver and in its day would have had the same value as a silver
dollar. The denomination was introduced to the New World
by the Spaniards and was the basis for the famous Piece
of Eight. In earlier times in Central and South America
the coin was cut into quarters to facilitate small change. These
Quarters were known as "two bits, a term
we still use today as a slang for a quarter dollar.
After its independence from Spain, Mexico continued to produce
the 8 Reales until the late 1800s and introduced a Peso coin
of the same size. Yours is dated 1859 and was struck at Durango,
one of the many branch mints in Mexico. It features the symbol
of Mexico, an Eagle standing on a cactus, holding a snake in
its beak. The other side shows the cap of Liberty surrounded
by rays of light. (Cap and Rays) It is in almost perfect condition
and I am glad that you didn't attempt to clean it. In today's
market your coin would sell for $125 to $150.
Thank you so much and I hope this answers your question.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Daniel Courteney, of Thornhill
asks;
- We found this large (silver?)
coin in my father's estate and we have no idea where it came
from or what it is. It is larger than a silver dollar, has Arabic
writing and a man wearing a fez. It was wrapped in tissue and
seems to be in perfect condition. We would like to know what
you could tell us about it.
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- Thanks for your email.
- Your father's coin is a 20 Piastre
coin from Egypt dated 1937. It was the largest silver coin of
Egypt at the time and it shows a portrait of King Farouk. It
has the dates written in Arabic as 1937 and 1356 (Arabic date).
It does appear to be in perfect condition and would likely sell
for about $100.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Olivia Hudson, of Victoria,
B.C. writes;
"We have inherited
this coin from a dear friend and wanted to know something about
it. I believe it is gold as it is quite heavy for its size. It
does not have the name of any country but has Queen Victoria
on one side and a coat of arms on the other which would make
think it was English. Can you help?"
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- Yes, Olivia, you are correct.
- You have an English Shield
type gold Sovereign from Great Britain struck in 1869 under
Queen Victoria. It features the young portrait of the Queen with
a shield containing the arms of England, Scotland, Ireland and
Wales. It is a very popular coin among collectors and one like
yours would sell for about $400.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Dear Gary,
I found this old dollar bill in a book that belonged to my grandmother.
It is from the Dominion of Canada and is dated 1st of June 1878.
On the back it reads Payable at
Toronto. It appears to be in quite good condition without
any holes but it does have a few small splits in the paper where
it was folded. Who is the person on this bill and what would
it be worth?
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Ronald Eaton,
Etobicoke, ON
Ronald,
This is indeed a genuine one dollar bill from the issue of 1878.
On the face of the note is a portrait of the Countess of Dufferin,
wife of the then Governor General of Canada. In 1878 they made
one and two dollar bills and they were payable in one of four
cities, Toronto, Montreal, Halifax and St. John. The Toronto
and Montreal are the most common. The condition of the note,
even with the paper splits, would grade about Fine. In this grade
its catalogue value would be about $600. If it were a Halifax
or St. John note it would bring about $4,000. They are very collectible
and sought after. Be sure to always keep banknotes flat and handle
them very gently.
This is quite a find! Thanks for your question.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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Hi Gary, 
I normally don't like to bother people but I'm at a loss to identify
a badge I have. I bought about 40 Canadian military cap badges
in a box at an estate auction. All have been identified as being
WWI and WW2 era. The only one I can't identify is one made of
brass approximately 1 9/16" ( 39 mm) in height by 1 1/4"
(33 mm) in width. The crown on the top is a queens crown
(Elizabethan or Victorian ?) over 4th CA. I'm hoping it's Canadian
and stands for something like 4th Canadian Artillery. I have
had it to several collectors who can't identify it (but made
cash offers). On the obverse it appears like it has had one form
of attachment replaced by a pin. There does not appear to be
any manufacturers marks. Any help you could offer would
be most appreciated.
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- Ken Watson,
Lindsay, ON
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- Ken,
You have a little treasure there. This is a cap badge of the
4th Battery, Prince Edward Island Garrison Artillery. It is Victorian
but I could not give you a date other than to say it is likely
before 1880. It is a rare badge and I could find no auction records
of one selling in the last 15 years. It was a very small garrison
and would not have issued many badges. I believe that an original
badge in decent condition would sell for $250-300. Yours has
had its lugs replaced by a pin, but it is still quite valuable
and genuinely rare.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Henry Grimes of Nelson, B.C.,
writes: "We
have had this coin in the family for several generations and
we would like to know a little about it. I believe it to be French
and I'm pretty sure it is silver. It is a large coin, a little
bigger than a U.S. silver dollar. What can you tell me about
its history and current value?
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- Well, Henry, you are correct. The coin is French
and it is silver. It is a French "Ecu" of King Louis
XIV, who reigned from 1643 until 1715. This one is dated 1651
and the "A" below the shield tells us it was struck
at the Paris mint. It shows a portrait of the
young Louis, with the reverse depicting the French shield. It
is in quite good condition for its age and type and a coin dealer
would grade this as Very Fine plus. In today's marketplace, it
would be valued at about $650 and would be a desirable coin for
any discriminating collector.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465
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- Diane Whitehouse of Caledon,
Ontario, writes. "I
have had this item for a long time and would like to know what
it is. It is about 1 1/2 inches tall and looks like copper. I
know it is Canadian, but that's all I know.
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What
you have, Diane, is a cap badge issued to a Canadian soldier
in World War I. It is for the 33rd Infantry Battalion of the
Canadian Expeditionary Force (CEF). The unit was raised in London,
Ontario, in July of 1915. It is made of copper and should have
two "lugs" on the back for fixing to a cap. These CEF
badges are quite collectible and one like this would sell for
$40 to $45. Thank you for your letter and I hope this helps.
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- Do you have a question for
Gary? Email him at: romancoins@rogers.com
or call 416-953-2465.
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- All about Gary
- Gary Miller of Londinium Coins
is a second-generation international coin dealer and the Wayback
Times' new For What It's Worth appraiser. Born in England, Gary
came to Canada as a young boy and was his father's protege.
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- They co-owned a coin store into
the 1990s and Gary is now a classical numismatist with a strong
background in ancient coins. His wide knowledge of coins (Greek,
Roman, Byzantine), Medieval coins, especially Europe, modern
coins and paper money from Canada, the United States and the
world will be used to answer questions.
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- The Royal Ontario Museum has
used Gary's appraisal talents and he has also been a cataloger
for major auction houses, so Wayback Times readers wanting information
about their coins will be in good company.
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- Gary says: "I have always
strived to maintain a high degree of integrity and honesty and
have a great deal of passion for what I do and like to help collectors
with good advice and guidance."
Welcome aboard, Gary.
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