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From Serving Iowa Elders for Over 20 Years


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Coin Collecting: Part 6

 

Today we’re highlighting a different part of the collection which is a foreign coin – a British Pound. This particular pound is dated 1983 which has some significance because it was the first year that the new pound coin was circulated. 24carat.co.uk had this information about the two faces on the coin:

Obverse
The obverse of the coin shows the Arnold Machin portrait of The Queen which was adopted for decimalisation, and has been used on nearly all UK coinage since 1968. It continued in use until 1984.

Reverse
The reverse of the coin shows the Royal Arms, and it is appropriate that it should feature on one of the nation’s premier coins.
Queen Elizabeth II is a direct descendant of the Sovereigns of England, of Ireland and of Scotland. Accordingly Her Majesty is head of the oldest continuing Royal Lines in Christendom. As the embodiment of the Sovereignty of those countries, Her Majesty quarters their historic Arms.
The Royal Arms achieved their present form upon the accession of Queen Victoria in 1837 and have remained essentially the same ever since.

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Coin Collecting: Part Five

Today we’re going to highlight a very special coin in the Iowa senior citizen’s collection – his Liberty Five Dollar Gold Coin. The value of these coins is very high for several reasons. First of all, the coin contains gold (almost a quarter of an ounce) which gives it a much higher value than coins made with less desirable material. Secondly, the $5 denomination of coin is no longer in circulation nor is it reproduced today. Similar to other posts, we haven’t taken any coins to an appraiser, but these coins are worth over $300 in most instances. Additionally, this coin is in very good condition whereas most of the $5 Liberty coins are worn down from circulation. These coins were circulated for 70 years, starting in 1839 and ending in 1908. The date on this coin is 1880.