How scarce do you think this South Africa 1926 2 1/2 Shilling coin is?
I took a recent trip to South Africa and I like their coins.
- On returning I did some research into the coin populations at PCGS and NGC.
- I was surprised to find that a 1926 2 1/2 Shilling coin had only a population of 24 coins at NGC and 5 at PCGS. There are also 16 NGC submissions of this coin with detail grades. So a total of 45 coins were graded. Maybe some were resubmitted.
- This issue has a mintage of 205,000
- Our colleague user WCC was very helpful in explaining that less of these George the V were collected than the Kruger pieces and that there was a large melting of these for the silver value circa 1980. Plus South Africa tends to certify more coins than many countries.
- This was the only one available on Ebay. Not a high grade coin and has some minor defects.
In all of their history Stacks has only 2 of these and Heritage had 3. I realize that these may not be the best places to find these. MA shops has none of these.
Perhaps 5 or 10 times the certified population exists (200-400) or possibly many more?
What do you think?