What is the value of my coin N#274869 - Rarity Index 100?

Hi everyone,

I am new here and I was going trhough the website when I saw the rarity index.

I have search few coins of my collection with quite low numbers but this one I have seems to have an index of 100.

I am not sure how accurate is this?

Is my coin really rare? Its new in a plastic small coin box.

Thanks a lot everyone !

Cheers

Andrea

Hello 🤖

Without pictures, it will be very difficult for anyone to help you. Could you please post clear pictures of each side of your item?

Please note that this is an automatic message. Feel free to ignore if it is not relevant.

 Note to Xavier 

N#274869 

This is the page, but how can the NRI be 100 when 1 member owns the token 

- should instead be 98 or 97 surely? 

 Edit - it should be 97 number, as here is an example 

page I created three years ago and I am still the only member with one. 

N#275393 

Hi,

So Numista's Rarity Index (NRI) is calculated from how many Numista users have that coin. A 100 means literally no other user has that item, or at least has bothered cataloging it.

https://en.numista.com/help/what-is-numista-rarity-index-nri-79.html

However, that doesn't mean it is actually rare. There are tens of thousands of collectors who aren't on Numista, if not more.

On your specific “coin”, it is filed under fantasy coins. Numista users, in my experience, tend not to bother with such things so it will skew against them & make the NRI very high.

It seems to be noted that only 3,000 of these were issued.

I've actually managed to find a full set of these coins on the bay. Boxed, with all 9 denominations, COA etc, they're asking £55. I can't find a sold set, but other Vatican City set issues are going between £15-£35.

So a single coin would be worth ~£2-~£5 or so. Maybe less, I'd rather save up to get a full set issue rather than an oddment one-off.

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Top & bottom of it is your coin is rare. Only 3,000 in existence and not a single Numista user even owns one. So “supply” is low.

However, it's evidently not a hugely desirable collector set. And as such, demand is “low” which makes it fairly low value.

You'll probably see this scenario frequently if you have modern “collector” coins, or probably any “collector” items. It's artificial scarcity which many serious collectors will simply realise & ignore.

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Anyway, welcome to Numista. Hope you find it helpful & interesting. If you do have any questions, do just ask. One of us will get round to replying (eventually… 😛).

Dear all,

Thanks a lot.

I was obsessed all evening (its almost 10pm here) by this coin.

Seeing the 100 I was already thinking I might own a very rare and desired coin.

Thanks to your answer I know my coin is worth a croissant or maybe a cheesecake at most.

Still it was worth my excitement which is priceless.

Thanks a lot all and I wish you a great Sunday evening.

Andrea

Sorry to burst your bubble then. 😛

We've all been there, seeing something “rare” only to find out it's practically worthless.

Still, you can at least say you're the only person here with it.

If you've added it into your collection, you'll see the NRI drop to 97/98. That means a single user (You!) has it. Sometimes the system takes a little while to catch up though.

Broadly speaking, if it's a modern-ish coin (1970/80s or later) with a high NRI, it probably doesn't hold huge value unless it's a precious metal one. Exceptions do exist of course, such as the Kew Gardens 50p, or error coins such as the 2008 Undated 20p, or the 1983 New pence (not two pence) 2p.

An idea of the IR trend curves

Frenchlover

An idea of the IR trend curves

 

I'm going to save that.

You'll never get it perfect since the NRI also is affected by the number of members with the coin on their swap list.

Since is not a coin, just a fantasy item, the NRI is useless, I can create my own token today and will be NRI 100

Btw that doesn't even mean is valuable, I would not buy that neither for USD  1,00

ZacUK

 Note to Xavier 

N#274869 

This is the page, but how can the NRI be 100 when 1 member owns the token 

- should instead be 98 or 97 surely? 

 

 Edit - it should be 97 number, as here is an example 

page I created three years ago and I am still the only member with one. 

N#275393 

My guess….It was 100 until the OP added it to their collection.  It takes at least overnight to update to 97 which it is at now.

Geison

… the NRI is useless …

The second scale of Sheldon which prioritizes the states of rarity of currencies on 8 levels, noted R1 to R8 looks more accurate (amazingly, I can't find a reference to this scale on the english wiki 🙃)