From time to time, among ordinary coins, special ones come across - jubilee ones. They are timed to coincide with some memorable date and look completely different from the rest. Not everyone knows, but such coins can be quite expensive. Want to know why?
What determines the price of a coin
Interestingly, commemorative coins tend to have a lower cost price than common coins. The exception is coins containing non-ferrous metal inclusions. At the time of the release of commemorative coins into circulation, they, of course, correspond to their face value. But time passes, and their value increases. And sometimes it happens that some of them become more expensive within a few months after release. Others, even after 10 years, may rise in price only slightly.
There are two main factors affecting the value of the commemorative coin: age and circulation. Simply put, the harder it is to find a coin, the more valuable it is. Those that were originally released in small quantities grow in price very quickly. Well, as for the old commemorative coins, even if there were a lot of them at one time, over time it becomes more and more difficult to find them, even among professional numismatists. Therefore, the cost increases. Additionally, the price of coins is influenced by their condition. If they have been in use, as a rule, this is reflected in the appearance: scuffs, scratches or dents are noticeable. The cost of such coins is 30-60% lower than their counterparts, whose condition is perfect.
The most expensive commemorative coins of Russia
If earlier commemorative coins were issued in denominations of 1, 2 or 5 rubles, then in modern Russia there are most often specimens with denominations of 10 rubles. The most expensive of the ten-ruble commemorative Russian coins: anniversary 10 rubles "Perm Territory" (circulation - 200,000 copies), anniversary 10 rubles "Chechen Republic" (circulation - 100,000 copies) and anniversary 10 rubles "Yamalo-Nenets Autonomous Okrug" (issued - 100,000 copies). All of them were issued in less circulation than expected, which caused an unprecedented demand among numismatists. The average price for any of them in numismatic shops today fluctuates around 5-10 thousand rubles.
Of course, not all commemorative coins have such a high price. For example, the 1983 coin “165th anniversary of the birth of K. Marx” will cost around 150-200 rubles today, and the 1987 coin “130th anniversary of the birth of K. E. Tsiolkovsky only 10-30 rubles. A pretty good price can be given for coins of the post-perestroika period with non-ferrous metals in their composition. So copper-nickel coins of 91-93 year of issue can cost today in the region of 500-100 rubles.
By the way, sometimes you come across coins, the price of which can be much higher due to some small but unique defect. A mistake in the name or date when stamping, for example, can make an ordinary commemorative coin the only one in the world and, therefore, very expensive.
