The value of a 1927 Palestine coin can vary significantly depending on several factors, including:
- Denomination: Palestine coins from this era were minted in denominations ranging from 1 mil to 100 mils.
- Condition: The better the coin’s condition (less wear, higher grade), the more it will generally be worth.
- Rarity: Coins with limited mintage numbers or those that are harder to find are typically more valuable.
- Metal Content: Some 1927 Palestine coins, like the 50 mil and 100 mil denominations, contain silver, which adds to their intrinsic value.
- Specific Features: Variations in design, mintmarks, or errors can also affect a coin’s value.
Based on recent market information, here are some examples of prices for 1927 Palestine coins:
- 1 Mil: In uncirculated condition, some 1927 Palestine 1 Mil coins have sold for around $31.60 to $53.00 at auctions.
- 2 Mils: A 1927 Palestine 2 Mils coin in uncirculated condition was recently available for $38.00.
- 5 Mils: An uncirculated 1927 Palestine 5 Mils coin was offered for $700.00, described as extremely rare.
- 10 Mils: A 1927 Palestine 10 Mils coin was offered for $36.99.
- 20 Mils: A raw, ungraded 1927 Palestine 20 Mils coin was offered for $49.99.
- 50 Mils (Silver): 1927 Palestine 50 Mils silver coins in AU condition were available for $60.00 and $68.00.
- 100 Mils: A 1927 Palestine 100 Mils coin graded AU 55 by NGC was available for $219.90. Another 1927 Palestine 100 Mils coin graded MS61 was listed at $220.00.
It’s important to note that these are just examples, and the actual value of your specific 1927 Palestine coin may differ. To get the most accurate determination of your coin’s value, it’s recommended to consult with a professional coin appraiser or use reliable numismatic resources like specialized price guides or online coin catalogs.
Is the 1927 Palestine coin real?
The British Palestine Mandate coins were minted. These were the only coins that were ever minted with the word “Palestine” inscribed on them. Under the aegis of the British Mandate, coins were minted from 1927 to 1946. Coins dated 1947 were minted, but not distributed.
What was the currency in Palestine in 1927?
The enabling legislation was the Palestine Currency Order, 1927, signed by the King in February 1927. The Palestine pound became legal tender on 1 November 1927. The Egyptian pound (at the fixed rate of £P1 = £E0. 975) and the British gold sovereign remained legal tender until 1 March 1928.
What is the oldest coin found in Palestine?
Good point! Philisto-Arabian Drachm from the 4 century BC which represent oldest coins used in the land of Palestine.
Are there any ancient Palestinian coins?
Good point! This Philistian silver drachm is one of the most intriguing coins minted in ancient Palestine, from both an artistic and an historical point of view. The coin’s obverse bears the hybrid head of a man facing left and a monsterlike animal facing right within a circular cable-pattern border.