Yes, you are right that the diameter and weight coincide with the old 1 Naira coin, but the material says Brass plated steel, when the old one, at least according to Numista, was made of Nickel plated steel. No idea...🤔
Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain
I have tried it with the smallest magnet I have and my feeling is that the central part is also magnetic, but as Ole says, it is difficult to be 100% sure.
Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain
Brass plated steel, part of a 3 coin set issued in 2006, with 50 Kobo and 2 Naira.
The coins became worthless quickly and Nigeria moved to banknotes only with the 5 Naira note being worth a few cents.
I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society
I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society
Status changed to Solved(thamizhelan, 9 Jan 2026, 06:04)