How do we assign a value to a Fiji 1d 1967 that was struck with an offset center hole (error coin)?

zeebob

My dad is visiting. He brought coin he's been holding for forty years or so. Apparently a buddy of his was a bank manager and yanked the thing out of a bag in 1967 at the BNZ (Bank of New Zealand) in Suva Fiji. The Royal Mint had very good Quality Control in those days so it would seem this is pretty scarce piece.

How do you think a fella would go about ascribing a value to a piece like this?


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Sapyx

Off-centre hole or missing hole errors are reasonably common in holed coin series. The Australian Internment Camp tokens, to take an extreme example, were made in an army workshop rather than a Royal Mint branch, so quality control was lower, and in that series a hole error only adds about 10% to the value.

Given the better quality control at the Royal mint, I'd guesstimate a value for this coin in the $50 to $100 range?

lordmarcovan

If you take the caveat that I really don't know what I'm talking about, I say I'd rate an off-center machine-made hole about the way I would any other off-center strike, with the value varying by the degree of off-centeredness.

They're pretty cool. Maybe not worth a gigantic premium for the reason Sapyx mentioned, but certainly they should be worth something. Even if not rare, they can't be exactly common. I reckon pricing them as one might an off-center (unholed) coin might be the way to go. Both methods kind of involve pulling a number out of the air, I suppose.

Sapyx' guesstimate sounds good to me. My own guesstimate might fall somewhere in the middle of his range.