The value of a 1962 coin featuring Queen Elizabeth II can vary significantly depending on several factors, including:
- Country of origin: Different countries issued coins with Queen Elizabeth II in 1962, and each country’s currency will have a unique value based on its rarity, metal content, and demand among collectors. For example:
– A 1962 British Gold Sovereign from Great Britain , made of 22-carat gold and featuring the “young head” design, could be worth thousands of dollars, depending on its condition and current market prices.
– A 1962 Elizabeth II 1D Penny , certified as MS64RB (Mint State Red-Brown) and issued in the United States, might be worth around $300.
– A 1962 Canadian Queen Elizabeth II Arms Crown , made of silver, could be valued around $113.5.
– A circulated 1962 Canadian coin featuring Elizabeth II could be worth as little as $10.
- Denomination: The face value of the coin also plays a role in its worth. For example, a 1962 Gold Sovereign has a face value of 1 Pound.
- Condition: The better the condition of the coin, the more it will likely be worth. Factors such as wear, scratches, dents, and luster can affect a coin’s grade and value. Professional coin grading services can provide a reliable assessment of a coin’s condition and authenticity.
- Rarity: Coins with low mintage numbers, limited distribution, or unique errors are typically more valuable.
- Demand: The popularity of a particular coin among collectors can influence its market value.
- Metal content: Coins made of precious metals like gold or silver tend to be more valuable than those made of base metals. The value of gold and silver fluctuates based on global market prices.
To determine the precise value of your 1962 coin featuring Queen Elizabeth II, you’ll need to identify:
- The country where the coin was minted.
- Its denomination.
- Its condition and grade.
- Whether it contains any precious metals.
- Professional Coin Grading Services (PCGS or NGC): These services can authenticate and grade your coin, which is crucial for determining its value.
- Reputable coin dealers: They can provide an appraisal or valuation based on their expertise and market knowledge.
- Coin price guides and online resources: These can offer a general overview of coin values, but it’s important to remember that prices can fluctuate.
Which Queen Elizabeth coin is worth money?
The Crown is by far the most expensive Queen Elizabeth coin, but it’s far from the norm. One recent development in these coins is a new 50-cent coin minted by the Royal Australian Mint. This coin bears the likeness of Queen Elizabeth during multiple parts of her reign.
What is the 1962 Elizabeth coin?
The 1962 Sovereign is a British gold coin, minted by the Royal Mint. The weight of the coin is 7.98 grams with a fineness of 916.7 (22 carat gold), this means it contains 7.3224 grams of pure gold. The diameter of the coin is 22 mm.
How much is a coin from 1962 worth?
The auction record for the 3.2. Million that they made is $2,559. And then finally this is one of the coins you used to see very frequently. Um you can still see some of the old ones.