The value of Commonwealth of The Bahamas coins can vary significantly based on several factors, including:
- Denomination: Higher denomination coins generally have a higher face value.
- Mintage Year: Older or rarer mintage years often command higher prices.
- Condition: The condition or grade of a coin is a critical factor, with higher grades (e.g., Uncirculated – MS70) leading to higher values.
- Material: Coins made of precious metals like gold or silver tend to be more valuable than those made of base metals.
- Rarity: Limited edition or proof coins with low mintages can be particularly valuable.
- Demand: The popularity and interest among collectors for specific Bahamian coins can also influence their market value.
- 25 Cents (2007-2015): These standard circulation coins are made of nickel-plated steel and are valued at their face value, $0.25 BSD, equivalent to $0.25 USD.
- 1 Cent (1974): An Uncirculated 1974 Bahamas penny is worth approximately $0.44, while a 1974 FM (Franklin Mint) penny in the same condition can reach $1.30 or $1.50.
- Rare Bahamian Coins: Some rare gold and silver proof coins, like the 1987-1989 Proof Set, have sold for upwards of $8,638. A Bahamas 2015 Exuma Gold Color Coin graded NGC PF69 Ultra Cameo sold for $3500.
- 1974 Bahamas 50 Cents: A used coin from this year is currently listed on eBay for $120.
- Numismatic websites and catalogues: [Numista] and Greysheet provide information on Bahamian coin values.
- Online auction sites: Platforms like [eBay] and [Heritage Auctions] can offer insights into recent selling prices.
Note: It’s crucial to consult reputable resources and, for valuable coins, consider professional grading services to determine an accurate valuation.
Is Bahamian money worth anything?
Good point! The exchange rate for Bahamian dollar to US dollars is currently 1.000 today, reflecting a 0.000% change since yesterday.
Are Bahamas coins silver?
Great question! The Numismatic Coin Programme was initiated with the issuance of two specimen Silver sets in 1966: a 7-coin and 9-coin set. These sets were designed by renowned British artist Arnold Machin, and were minted by the Royal Mint of London.