never issued

On this coin is says it was never issued, but I just bought one. Is mine going to be fake? How can a coin never issued but still has a value to collectors?

https://en.numista.com/catalogue/pieces19620.html

 how much did you pay??? they have one on ebay   bid at $250.00 us right now !!!

xf condition  $6.50 at an auction

 wow !!! where at , i like to get one

here is one for $10

http://www.ebay.com/itm/Scarce-1975-Rep-Popular-Mocambique-2-Centimos-/150689236369?pt=LH_DefaultDomain_0&hash=item2315c74591

Hey Ken,

Never issued, in this case, I think means not used for circulation. So they made the coins but, because they didn't want to circulate them possibly because the metal content is more valuable than the facial value, the coin was "never issued."

It is only made of copper-zinc and they made 8,242,000 of them.

I'm not sure about that "never issued" comment - unless it can be verified, perhaps it shoud be removed. Either way it looks like Ken has got himself a great deal. The 2009 Krause price for this coin in XF is USD 70!

 thanks ken6528 !!! got one

I have lots of coins that have never been issued it means they were never issued for circulation but were made to be included in the countries uncirculated coin set or their proof sets during the 70's there were not many 50 pences issued for circulation and in the 80's when the 20p was issued the mint did not issue a 10p every year but all these coins were included in the year sets that you can buy from the royal mint. They get into circulation when people decide they would rather spend the money than have a coin collection and break the set up to spend it.
Hope that solves the problem.
Dave

how much is this coin worth?

i just seen it on ebay for $5.99 usa  if that helps  

on the krause catalogue it's worth more than that

引用する: kommodoreon the krause catalogue it's worth more than that

Sell it to Krause then. But you'll find that something is only worth what someone is prepared to pay for it. The values listed in Krause are a useful guide to rough, relative values, but bear little or no resemblance to what may usually be achieved in the real world - as is the way with all antiques and collectibles. The selling price for an individual is usually about half if not less, than the dealer's retail price. Krause lists average dealer retail prices.

Matt

引用する: Matt Probert

引用する: kommodoreon the krause catalogue it's worth more than that

Sell it to Krause then. But you'll find that something is only worth what someone is prepared to pay for it. The values listed in Krause are a useful guide to rough, relative values, but bear little or no resemblance to what may usually be achieved in the real world - as is the way with all antiques and collectibles. The selling price for an individual is usually about half if not less, than the dealer's retail price. Krause lists average dealer retail prices.

Matt

You're right, Matt.
I will not hesitate a second to sell my collection to Krause at their own prices !
I'll make a really good deal then...

Tony