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Locals can tell through familiarity with the currency, others because the numerical value is normally on the coin.

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Q: How do most countries indicate the value of coins today?
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Related questions

Can foreign coins be used in other countries?

Foreign coins usually cannot be used in other countries. You can cash in foreign coins, but you usually only get a fraction of the value when you do.


2500 in gold coins worth in 1841. What is the value of today?

Today, each gold coin has its own value. In order to give an accurate answer to this question the denomination and date and condition of each of the coins is needed.


What is the value of canadinan coins with different faces then the normal coin?

The value of coins comes from how old they are, the condition, and the metal they are made from. Some older coins have different faces because the leaders of countries change over time.


When did it become legal to melt silver coins?

If you are asking about melting silver coins in the US, it is not illegal. I think Canada may have laws against it as do many other countries but as of today the USA does not deem it illegal. There is a recent law (regulation by the Mint) that prohibits melting pennies and nickels for their metal value, as the value of the metal exceeds the face value of the coin. You may still use them as artistic material for sculpture, etc. As the Mint does not produce silver coins anymore, they have no interest in those coins. Bullion producers buy them and melt them by the ton.


Why are coins different colors?

Today different colors are used to make it easier to identify coins that are similar in size but with different denominations. That practice is inherited from a time when coins had to be made of metal that was worth roughly the same as its denomination. For example, a US dollar contained about $1 worth of silver, a British pound contained about £1 worth of silver, etc. Copper was used for low-denomination coins because it's inexpensive, silver was used for intermediate-denomination coins, and gold was used for high-denomination coins. Today many countries imitate that pattern by using copper or copper-plating for low-value coins, silver-colored alloys for middle denominations, and gold-colored alloys for high-value coins.


Do U.S. coins have holes drilled in them?

The mint does not drill holes into the coins. If a hole is drilled into a coin it dramatically reduces value. MANY COUNTRIES DRILLED HOLES IN THEIR COINS. THE COINS WERE WORN FOR JEWELRY AND THAT RENDERS THE COIN PRETTY MUCH WORTHLESS.


What kind of money was used in Europe in 1899?

In 1899 all European countries had a gold currency. The silver and bronze coins for the smaller denominations were 'token' coins in that their metal value was less than their face value. However, in larger quantities they could be changed for gold coins.


What is the value of a 1966 silver penny today?

The US never made any silver 1 cent coins.


Are any silver coins minted today?

Not for general circulation as the metal is far more valuable the the face value of coins being minted, however silver may be added to very special commemorative coins.


Pennies with maps of the states printed on them had them since 1973 what are they worth today?

Lincoln cents like this are novelty coins and have no numismatic value, the maps were not applied to the coins by the US Mint. As for value you will have to find someone that wants them or try eBay.


20 dollar gold coin year 1904?

Bullion value as of today is $1,082.00. Retail prices run from $1,330.00- $1,490.00 for circulated coins $1,590.00 for uncirculated coins


How much is a 1897 ten dollar gold piece worth?

As of today bullion value is $541.00. Retail values for circulated coins are $600.00-$750.00 with uncirculated coins at $830.00+