This is indeed a difficult issue. IIRC Standard Catalog does not take into account different variants, that have been identified by Finnish collectors and Finnish numismatic societies. There are two different die varieties of 5 Markkaa KM37/37a coin:
http://koti.mbnet.fi/jm78/5markkaa/5mk1953.html
This page is in Finnish, but short translation:
I = minted 1952-1953
II = minted 1953-1962, all known nickel-plated iron coins are variant II !
This first check can be done fairly easily - next step is to determine if the coin is nickel-plated or not. In most cases, nickel-plated coin has more bright 'silver' color, when compared to easily oxidizable iron which in most cases is more 'greyish' in color. It also helps, if you have several similar plain iron coins available for comparison.
Then if the 1953 5 Markkaa coin seems to be correct variant and it seems to be nickel-plated, then one has to guess if the coin is genuine nickel-plated or is the nickel-plate done afterwards.......
In Finland, if one thinks that he/she may have a nickel-plated 1953 (1 or 5 Markkaa) coin, the only 'sure' way to authenticate the coin is to contact Finnish Numismatic Society and/or Holmasto auction house.
Hope this helps.
-JJ-
PS. you'll face similar problems with 5 Markkaa coin from year 1946 - same dies, but one minted in aluminium-bronze and the other in brass.
http://koti.mbnet.fi/jm78/5markkaa/5mk1953.html
This page is in Finnish, but short translation:
I = minted 1952-1953
II = minted 1953-1962, all known nickel-plated iron coins are variant II !
This first check can be done fairly easily - next step is to determine if the coin is nickel-plated or not. In most cases, nickel-plated coin has more bright 'silver' color, when compared to easily oxidizable iron which in most cases is more 'greyish' in color. It also helps, if you have several similar plain iron coins available for comparison.
Then if the 1953 5 Markkaa coin seems to be correct variant and it seems to be nickel-plated, then one has to guess if the coin is genuine nickel-plated or is the nickel-plate done afterwards.......
In Finland, if one thinks that he/she may have a nickel-plated 1953 (1 or 5 Markkaa) coin, the only 'sure' way to authenticate the coin is to contact Finnish Numismatic Society and/or Holmasto auction house.
Hope this helps.
-JJ-
PS. you'll face similar problems with 5 Markkaa coin from year 1946 - same dies, but one minted in aluminium-bronze and the other in brass.




















