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Various factors can make a coin worth more than its face value.
Older coins that were made of gold or silver are worth more simply because those metals cost much more per ounce than they did when the coins were first issued. For example up till the early 1960s the price of silver was controlled by the government at roughly $1.29/oz, so a silver dollar with 3/4 oz of that metal in it was guaranteed to be worth $1. Once silver was deregulated its price increased significantly, so those coins that once held only a buck of silver could be profitably melted at 10 or 12 times as much.
Other coins may be worth more due to scarcity and/or collector interest. As an example, there was also a major public controversy over the presence of the designer's monogram on the first Lincoln cents minted in 1909 that forced the Mint to redesign the coin part-way through the year. By that point San Francisco had struck fewer than a half-million cents with the monogram, so the combination of notoriety and relative scarcity drove prices far above 1 cent in just a short period.
What else can I help you with?
What makes the US money valuable?
im not sure what gives our money value. Do you?
What is the adverb for valuable?
value
What is the noun for valuable?
value or values
What is the Eisenhower silver dollar value?
Do you mean the circulating dollar coin minted from 1971 to 1978, or the commemorative coin issued in 1990? The circulating coins are worth only a dollar each. The commemoratives are worth about $15.
What is the value of a Wisconsin quarter with leaf pointing downward?
Twice its original value
What makes the US money valuable?
im not sure what gives our money value. Do you?
What is the value of a 1977 Malaysian penny?
A currently circulating coin with no collector value.
What is the value of a 1986 Medio Peso?
Currently circulating coin -- no collector value.
Is valuable the adverb for value?
No valuable is an adjective.
Are gene gray prints valuable?
Gene Gray prints are typically not very valuable as they are mass-produced reproductions of original artwork. However, the value can vary depending on factors such as the artist's popularity, the quality of the print, and its condition.
Do all makes and models of cars depreciate at the same rate?
Definitely not. Popularity, craftsmanship, and reputation of dependability will affect the value of a model of car, and they will all be different. Some cars will actually become more valuable than their original sticker price over time.
Do people set Cubic zirconias in 18K gold settings?
No, it makes little sense to put a low-value stone into a valuable setting.
What makes baseball card value increase?
Baseball cards become valuable when they are very scarce.
What makes a person valuable?
specific values. different people/places focus on different values. for example in Shakespeare's time, there is a value of responsibility... Hamlet is expected to answer the questions of death, "To be or not to be" reason why hamlet is so memorable
What is the value of a Wassily Kandinsky original woodcut restrike?
The value of a Wassily Kandinsky original woodcut restrike can vary significantly based on factors such as condition, provenance, and market demand. Generally, original woodcut prints by Kandinsky are considered valuable, with prices ranging from several thousand to tens of thousands of dollars. However, restrikes, which are later reproductions of the original prints, typically have lower values and may be worth a fraction of the original's price. Collectors often seek original works over restrikes, impacting their overall market value.
How do you determine the percent change?
You have an original value and a new value. Take the new value and subtract the original value. Then divide that number by the original value.
What is the adjective value?
valuable
