Souvenir Coin (2024)

FAQs

Are souvenir coins worth anything? ›

Commemorative coins are minted only once and never again, so their numismatic value can increase over time. Their price depends on their uniqueness and collector demand. If silver prices go up, their value will also increase.

A commemorative coin is a coin issued to commemorate some particular event or issue with a distinct design with reference to the occasion on which they were issued. Many coins of this category serve as collector's items only, although some countries also issue commemorative coins for regular circulation.

Tokens and souvenirs: 'Proof' commemorative coins minted from precious metals like gold and silver, which are not legal tender. Due to their limited numbers, these can be more sought-after by collectors.

Most commemorative coins have a steel or copper blank (base metal). Many are copper plated steel, to make a better adhesion for the gold plating. It is not uncommon for a silver coin to be gold plated, to increase its value.

Use original holders

Individual coins are packaged in capsules fitted into folders or boxes. In addition to original holders, other storage options include: 2″ x 2″ cardboard or plastic holders. Plastic tubes or capsules.

First recorded in 1775 as meaning “a remembrance or memory,” the noun souvenir stems from the French souvenir “to remember, come to mind.” A few years later, it took on the sense of “a token” of an event or experience.

Is this legal? Yes. A bank can set its own internal policy as to whether it will accept or exchange unrolled coins for currency.

American Eagle Platinum Proof Coins

Its $100 face value is the highest denomination for a U.S. legal tender coin.

The UK £5 coin is a well-known collector's coin issued by the Royal Mint. Five-pound coin value has risen over the years and continues to increase with time. The five-pound coin is a wise choice for investors as well as a collector's piece.

Can you cash in commemorative coins? ›

Only way to cash them in is via professional collectors

Rod and Yvonne Henkun's family have collected commemorative coins for decades. Yvonne's mother, Joan, bought her first coin, the King George VI Crown, for five shillings (25p) in 1937.

You can easily damage an uncirculated or proof coin simply by touching the front or back of the coin. The natural oils in your skin are caustic enough to etch a finger or thumbprint into the surface of the coin. This leads to the first rule for handling rare coins: Always hold a coin by the edge, never the face.

However, please note that, whilst the coins are legal tender, banks are not obliged to accept the coins (please refer to guidelines on legal tender status).

Coins that are rare, in excellent condition, and have historical significance tend to be worth a lot of money. Examples of valuable coins include the 1933 Saint-Gaudens Double Eagle, 1913 Liberty Head Nickel, 1794 Flowing Hair Silver Dollar, and 1804 Silver Dollar.