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 Replies: 5 / Views: 1,286 |
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Valued Member
United States
129 Posts |
Just bought one of these babies on ebay. No pics, because I don't have it in hand yet. A buck fifty for a BU one, with free shipping. And there are more available on ebay for about the same price. Only 7000 mintage. I imagine most of these were saved, since this was the last year of issue. But still, seven thousand. |
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Pillar of the Community
United States
613 Posts |
I've got an UNC '85 1 franc, too. Numista shows a mintage of 7000, but over at NGC they conspicuously have no mintage figure for it, while having 15 million or so mintages for each the previous years and valuing it between 80 cents and a buck fifty in UNC grades.
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Pillar of the Community
Canada
857 Posts |
Uber cool, maybe not super rare in terms of survival, but low mintage circulation coins like this are always cool.
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Bedrock of the Community
Australia
21786 Posts |
Perhaps some more investigation on mintage numbers need to be done. A case in point:- It is stand practice for the Royal Australian Mint issue minting information in their Annual Report to publish data on coin dies and their dates and the number struck off them for the financial year, not the calendar year. The financial year starts on July 1st every year, not Jan 1st. Thus, in the case of the 1985 Rwanda 1 Franc, it could be that only a few coins with a 1985 date may have been minted before the 1st July 1985, and perhaps many millions of coins all bearing the 1985 date, from Jul 1st 1985, until Jun 30 1986. To my knowledge, no mint in the World changes the dates on all of their working dies on the 1st of January every year. Dies are normally used until they wear out, and so the 1985 Rwanda 1 Franc dies have most probably? been used in 1986 also. To put it another way, it is the dies that carry their calendar year of their manufacture, not the coins. |
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Valued Member
 United States
129 Posts |
>> Perhaps some more investigation on mintage numbers need to be done. <<
An interesting observation. Does that mean that all official mintage figures are suspect? That I can't trust the figures in my Whitman penny folders? That there might have been considerably more than a half million 09-S VDBs minted?
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Bedrock of the Community
Australia
21786 Posts |
It depends on how the Rwandan Government reports it's mintage figures for dates on their coins, either by the calendar year, or by the financial year.
I would expect that the Rwandan Government would have their coins minted under commercial contract my one or more Mints outside the Country. If that is the case, investigation of reliably accurate mintage figures for coin date may prove to be rather difficult, but not impossible.
On the other hand, you may wish to investigate how Whitman derived the mintage numbers for the 1985 Rwandan 1 Franc, for purposes of confirmation. Whitman may? have successfully overcome possible problems, but that is what has to be done for all countries.
The financial year and the Calendar question has been my problem, when investigating Australian coin mintages, and what has prompted my comments.
Edited by sel_69l
08/11/2021 9:46 pm
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Replies: 5 / Views: 1,286 |
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Posted 08/10/2021 5:32 pm
