A COIN THAT IS NOT SILVER BUT IS WORTH MUCH MORE THAN ONE ''LA LOCHA AMARILLA''
good morning and happy Sunday to all of this excellent community of @leofinance, today bringing you a coin that is not silver and that looks like gold but it is not either, but it is a coin that in good condition becomes worth a lot and little by little It is sought after more and more. It is LA LOCHA AMARILLA, a Venezuelan coin that numismatists most seek in good condition.
this coin was minted in 1945 but with the year 1944 in the middle of the world war and because there was no material with which these coins were minted, it was decided to mint in a different material thus creating a unique year in which this yellow coin was born
lochas are coins that have existed since 1878 if I remember correctly and in 1944, as I mentioned, the metal in which they were always minted was not available, so copper was used for their minting, getting them in good condition is almost always difficult if they arrive let's see they are in a state of wear, in this case the one I show you is in a case like the day it was coined with some dirty parts but that make the reliefs look more
the characteristics are the following
Minted at the Denver Mint, USA.
Quantity: 800,000 minted pieces
Material: 70% Copper - 30% Zinc
Diameter: 19 millimeters
Weight: 2.5 grams
They are somewhat scarce coins even in the minting since, being their low value, they should have minted at least 2 million, so if you see one out there that you can acquire in good condition, acquire it in some years they will be worth much more
I hope you like it and this post is a little informative, therefore more from my collection
I guess it only be available in some areas not all that someone like me can acquire and store
these are available outside of venezuela it is a matter of looking for them in sales pages or who knows if in garage sales, it is a matter of being lucky
https://twitter.com/damoclesart/status/1528360366123753475
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thanks :)
Coins are still interesting even if they are not silver.
In Canada during the war, some coins were minted in nickel plated steel that wore away and rusted. Nickel was needed in War production though Canada was the largest Nickle producer at the time.
yes exactly, but I thought that this community was more of silver or gold coins, in the second world war several countries had to use different materials for their coins either due to scarcity, because the material was used in weapons and many more reasons