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You are asking about a 3 Pence coin (KM#26) from South Africa dated 1942. The coin is 16.5mm in diameter, weighs 1.41 grams and is 80% silver, giving it an ASW (Actual Silver Weight) of 0.0363 troy ounces. The obverse (front) of the coin has an image of King George V of Great Britain and the words "GEORGIVS V REX IMPERATOR" (Latin for "George the Fifth, King and Emperor"). The reverse (back) of the coin has a protea flower in the center of three bars shaped as an inverted triangle, with the words "SOUTH Africa", the date, and "ZUID-AFRIKA" (Afrikaans for "South Africa") above the flower and the denomination, "3 PENCE" below it. 1,572,000 of these coins were produced in 1926.
With silver currently (as of February 10, 2011) at $30.10 per troy ounce, the "melt value" of this coin is about US$1.09. Numismatically (according to the Standard Catalog of World Coins), an example is probably worth about US$3.50 in Very Fine condition, US$20.00 in Extremely Fine condition, and US$50.00 in Uncirculated condition. About 16 were also produced in Proof for collectors - an example would be valued at about US$2,000.00.
What else can I help you with?
What is the value of a 1929 South African penny?
It may be worth about .20 with heavy wear to around $5 with moderate wear to maybe $15 with light wear. You may find similar pieces on Ebay.com for comparison. You might also try a library for a copy of the Standard Catalog of World Coins for pictures, values and lots more interesting info.
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