The 1962 20 centimes coin value represents a fascinating study in numismatic pricing, where seemingly identical coins can vary dramatically in worth based on specific characteristics and conditions. Understanding these variations is crucial for collectors, investors, and anyone who has discovered one of these French coins in their possession.
Understanding the 1962 France 20 Centimes Coin
The 1962 France 20 centimes coin was minted during a transitional period in French monetary history. This copper-aluminum-nickel coin features the iconic Marianne design, symbolizing the French Republic. The coin’s standard specifications include a diameter of 23.5mm and a weight of 4 grams, making it easily recognizable among French decimal coinage.
During 1962, France was undergoing significant political and economic changes under President Charles de Gaulle’s leadership. The monetary system was stable, and these 20 centimes coins were widely circulated throughout the country, serving as essential small denomination currency for daily transactions.
Factors Affecting 1962 20 Centimes Coin Value
Coin Type and Rarity
The most significant factor determining 1962 20 centimes coin value is whether the coin is a standard circulation strike or a special ESSAI (trial) version. This distinction can mean the difference between a coin worth pennies and one worth hundreds of dollars.
Condition and Grading
Professional coin grading plays a crucial role in valuation. Coins are typically graded on a scale from Poor (P-1) to Perfect Mint State (MS-70), with higher grades commanding premium prices. The difference between a circulated coin and an uncirculated specimen can be substantial.
Market Demand
Collector interest, historical significance, and market trends all influence pricing. French numismatics has a dedicated following, particularly for coins from significant historical periods like the early 1960s.
Circulated 1962 20 Centimes Coin Values
Standard Market Prices
Circulated 1962 France 20 centimes coins are relatively common and typically hold modest values. These coins show signs of wear from circulation, including scratches, discoloration, and smoothed edges from handling.
Current market data indicates:
- Good condition: Approximately $0.12 – $0.50
- Fine condition: $0.50 – $1.00
- Very Fine condition: $1.00 – $3.00
- Extremely Fine condition: $3.00 – $8.00
Online Marketplace Pricing
Popular online platforms like eBay regularly feature these coins with varying price points. Recent listings show circulated examples ranging from under a dollar to several dollars, with one notable listing at $3.87 including free shipping. However, prices can fluctuate based on seller location, shipping costs, and market conditions.
Factors Affecting Circulated Coin Values
Several elements influence the 1962 20 centimes coin value for circulated specimens:
- Wear patterns: Even wear typically indicates authentic circulation
- Surface preservation: Coins with minimal scratches command higher prices
- Luster retention: Any remaining mint luster significantly increases value
- Strike quality: Sharp, well-defined details enhance desirability
ESSAI Coins: The Premium Category
What Are ESSAI Coins?
ESSAI coins represent trial strikes produced by the French Mint for testing purposes. These coins are marked with the word “ESSAI” and were never intended for general circulation. Their limited production numbers make them significantly more valuable than standard circulation coins.
ESSAI Coin Characteristics
ESSAI versions of the 1962 20 centimes coin feature:
- Clear “ESSAI” marking on the coin surface
- Superior strike quality with sharper details
- Limited production numbers
- Special handling during minting process
- Collector-focused distribution
Current ESSAI Market Values
The 1962 20 centimes coin value for ESSAI specimens commands premium pricing:
- Standard ESSAI condition: $150 – $250
- High-grade ESSAI: $200 – $300+
- Perfect ESSAI specimens: $300 – $500+
Recent market examples include a 1962 France 20 Centimes Marianne ESSAI listed for $206.70, demonstrating the substantial premium these special strikes command over regular circulation coins.
Professional Grading Impact on Values
Understanding Coin Grading
Professional grading services like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) provide standardized condition assessments that significantly impact market values.
Graded Coin Premium Examples
Professional grading can dramatically increase 1962 20 centimes coin value:
- MS64 (Mint State 64): Approximately $210.60
- FDC65 (Fleur de Coin 65): Around $140.12
- Higher grades: Can command even greater premiums
Benefits of Professional Grading
Graded coins offer several advantages:
- Authentication guarantee
- Condition standardization
- Market credibility
- Protection during storage
- Enhanced resale value
Investment Considerations
Long-term Value Potential
The 1962 20 centimes coin value may appreciate over time due to:
- Historical significance of the de Gaulle era
- Collector interest in French numismatics
- Limited ESSAI availability
- Increasing rarity of high-grade specimens
Risk Factors
Potential investors should consider:
- Market volatility in collectibles
- Authentication challenges
- Storage and preservation costs
- Liquidity limitations
Collecting Tips and Strategies
Building a Collection
For those interested in 1962 20 centimes coins:
- Start with circulated examples to understand the coin type
- Research ESSAI availability for premium additions
- Consider professional grading for valuable specimens
- Document provenance and purchase details
- Store properly to maintain condition
Authentication Guidelines
To ensure authenticity:
- Verify weight and dimensions
- Examine edge details carefully
- Check for proper “ESSAI” marking placement
- Compare with authenticated examples
- Consider professional authentication for expensive purchases
Market Trends and Future Outlook
Current Market Conditions
The French numismatic market shows steady interest in 1962 coinage, with ESSAI specimens maintaining strong demand. Collector interest in post-war French coins continues to grow, particularly among European collectors.
Future Value Projections
Several factors suggest potential appreciation:
- Increasing collector base
- Historical significance recognition
- Limited ESSAI supply
- Growing international interest
Conclusion
The 1962 20 centimes coin value demonstrates the importance of understanding numismatic nuances. While standard circulated examples hold modest value, ESSAI specimens and professionally graded coins can command significant premiums. Whether you’re a casual collector or serious investor, recognizing these distinctions is essential for making informed decisions in the French numismatic market.
For anyone discovering a 1962 20 centimes coin, careful examination for ESSAI markings and condition assessment can reveal whether you possess a common circulation coin or a valuable collector’s piece worth hundreds of dollars. The key lies in understanding the specific characteristics that drive value in this fascinating segment of French numismatics.
What is 20 centimes?
I can help with that. The French coin of 20 centimes is the equivalent of 0.20 francs. The aluminium-bronze piece measures 23.5mm in diameter with a weight of 4 grams. The female figure on the 20 centimes coin is French national symbol Marianne in a design by Lagriffoul. Do you have a France 20 centimes coin?
Which French coins are worth money?
Good point! 1640 Louis XIII 10 Louis d’Or: $456,000 estimated value.
1670 Louis XIV 15 Sols: $132,000.
1803 Napoleon gold Proof Medallic Essai “Paris Mint Visit” 5 Francs, L’An XI: $95,00.
1270 Louis IX, Royal d’Or de Noyon: $60,00.
1646 Louis XIV, Double Louis d’Or: $56,000.
1815 Napoleon “100 Days” 5 Francs: $24,000.
What is a centimes coin?
This coin was minted from 1962 to 2001. Centime (from Latin: centesimus) is French for “cent”, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland, Algeria, Belgium, Morocco and France).
Which country made 20 centimes?
Good point! Coin, 20 centimes, France.