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Lithuanian 1925 1 centas

joeyukjoeyuk Posts: 3,282
in World & Ancient Coins Forum
I was offered an original roll of Lithuanian 1925 1 centas. The top coin imaged is a PCGS MS64. The bottem one is representative of the 50 coin roll.
I was wondering what you think the lower coin would grade and also a rough value on an original roll of 50.
Thanks
Joe

image

Comments

  • cladkingcladking Posts: 28,731 ✭✭✭✭✭
    I'm prejudiced against small denomination coins, copper, and coins of this era
    so might underrate this one significantly. I've always considered it common and
    it hasn't increased a lot over the years. Admittedly it is far more common in XF/ AU
    than in unc and with a mintage of 5 million it can't be extremely common in UNC.
    The price has only about doubled in the last quarter century per Krause.

    BU rolls from countries like this from that era are hardly common though. I'd have
    to suggest caution on figuring the roll.

    The economy of this region is booming and the home demand should be soaring.

    It's really a tough call but these would be my thoughts in your position.
    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,731 ✭✭✭✭✭
    They usually come with a mushy strike like the first example.
    tempus fugit extra philosophiam.
  • JoesMaNameJoesMaName Posts: 1,067 ✭✭✭
    Nice pickup - can't imagine there's too many of them rolls still lying about.
    Not sure at all about the demand for Lithuanian coinage. I think there's less then 4 million people in the whole country.
    Probably twice as many decendents of lithuanians in the US as there are Lithuanians. image

    ...
  • joeyukjoeyuk Posts: 3,282
    I was only looking to purchase a possible upgrade for the MS64 pictured. Mushy as Cladking pointed out.
    I was like wow when I saw how sharp the obverse was compared to mine. And I can't think too much
    pre WWII rolls from that area are around either. Here is the pic of the roll.

    image
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    The bottom coin looks nice UNC based on the photo of the reverse. It's hard to make out enough detail to grade the obverse.

    The 1 centas is a not a rare coin, but can be tough to find in UNC. I've seen uncirculated examples usually sell in the $25 to $35 range. Cladking is right that Lithuania's economy is booming, but its coin market for whatever reason really isn't all that hot. Probably because Lithuania is a small country with a small collecting base.

    Edited to add: it will take you a while to unload 50 of these coins at the price range I quoted. I don't know if there are 50 people actively collecting Lithuanian coins from that period. image
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • TwoKopeikiTwoKopeiki Posts: 9,859 ✭✭✭✭✭


    << <i> but its coin market for whatever reason really isn't all that hot. >>



    ... yet image

    This looks like a nice roll to hold on to for the next 5-10 years, in my opinion.

    8 Reales Madness Collection
  • joeyukjoeyuk Posts: 3,282
    Well the price was at $24 per coin delivered. I have 5 sold already as I have started a set of Lithuanian coins for my 4 sons.
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭


    << <i>Well the price was at $24 per coin delivered. I have 5 sold already as I have started a set of Lithuanian coins for my 4 sons. >>



    I think you did fine on the price. Not a bargain but as was said, hold onto it, it might be a good investment.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
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