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Straits Settlements 1920 5 & 10 Cents

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 Posted 12/05/2017  10:17 pm Show Profile   Bookmark this topic Add jdmern to your friends list Get a Link to this Message Number of Subscribers
The 1920 issues of Straits silver 5 and 10 cents are quite scarce, and valuable. However, their recorded mintages are typical of this period. I would assume a large portion of the mintage was melted, but Krause does not mention this.

Does anyone have any insight into the cause of the scarcity of these pieces?
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 Posted 12/05/2017  10:30 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
According to a Heritage auctions description of the 5 cent piece, the majority were melted down in favor of the new non-silver type. I would assume the same thing happened to the 10 cent coins. There wasn't a new composition replacement for the 10 cents though.
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 Posted 12/06/2017  4:13 pm  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply

Quote:
According to a Heritage Auctions description of the 5 cent piece, the majority were melted down in favor of the new non-silver type. I would assume the same thing happened to the 10 cent coins. There wasn't a new composition replacement for the 10 cents though.


That would be my assumption too, but they did go back to silver 5 Cents for 1926 & 1935, albeit at a different fineness silver...

Usually, Krause has a note when there is an issue with a major melt, but they do not for this type, unfortunately...
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