I have quite an extensive collection of Fijian coins and a lot of the pre-decimal coins, especially the florins and shillings, have mintages of less than 100,000. Some of them are even as low as 20,000 and yet their catalogue value is usually only a couple of dollars.
I suppose it is the fact that they are not minted in Fiji. Thus almost nullifying them as anything ultimately rare. In a sense it is very much like the £1 (Capital Cities Series) low mintage at 250,000 but yet "easily" accessible or attainable.
Still, in time the value will go up...slowly...still I like the colony coins and they are a nice thing to have in any collection.
All we need to do to make our collections valuable is spike world interest in coin collecting, Fiji coins are rair and when people want them they have to pay more.
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!
I don't worry too much about buying the really high grade coins. I prefer my coins to have a bit of history behind them, but most of my coins would grade around the very fine range. I was just a bit puzzled because I'm from New Zealand and one of our coins the 1935 threepenny coin had a mintage of 40,000 and sells for around $200 New Zealand dollars in a decent grade. Yet my 1937 fiji florin which has a mintage of only 20,000 catalogues at $12-$20 US for VF-XF grade. It's not until you get an uncirculated copy that the price jumps up to over $150 US
I don't know the answer to your question for sure, but price is influenced by demand. Maybe the lower population of Fiji compared to New Zealand makes for fewer collectors.
I imagine most of a country's coins that are collected by people within the borders, so if there are few collectors then the price will be lower, even with a lower mintage.
This is just a guess, but it seems logical (in my head).
I won't tell you how much I paid for my 1934 penny, I'll just say it was a lot less than $10. The fijian stuff seems to be pretty plentiful here in New Zealand but not many people seem to know too much about them because you can pick them up really cheaply, most of the silver coins can be picked up for scrap value.
i seen on your list the coin says grading vg is that the case or i noticed they all had been grade marked that id say mine is close to xf but thats just my personal opinion some might say vf-xf whats the book price for an uncirculated 34 penny
Most of my coins would grade around VF but I just put a mark in VG to let myself know I have a copy of the coin, because it's easier to scan down the page where the mark is in the first column. The ones where it wasn't in the VG column were coins I had swaps of and I'd sold them and forgotten to move the mark back to the VG column. Thanks for reminding me, I've fixed them all up now.
Quote: ctuckerI don't know the answer to your question for sure, but price is influenced by demand. Maybe the lower population of Fiji compared to New Zealand makes for fewer collectors.
I imagine most of a country's coins that are collected by people within the borders, so if there are few collectors then the price will be lower, even with a lower mintage.
This is just a guess, but it seems logical (in my head).
I think you hit the nail on the head. It doesn't matter how rare something is if their is little or no demand for something then its value will be low and I can say with all honesty I have never met a person who says they are mad about collecting Fijian coins.
How many people on this thread or even the forum specialise in collecting coins from Fiji?