What is the value of the 10 Pence coin with Queen Elizabeth II and the letters D.G.REG.F.D., 1992?

Question

What is the value of the 10 Pence coin with Queen Elizabeth II and the letters D.G.REG.F.D., 1992?

Answer 1

Coins do not tend to increase greatly in value, unless the coin is rare and in mint condition.  Here are some factors to help determine if your coin is valuable

Factor 1: Condition

There are two major components of condition, and the first is pre-circulation. Everything that happens to the coin while at the mint, including the way the design is struck on the planchet and marks left by other coins during transportation, plays a part in determining the condition of the coin. If the coin is circulated, then wear and tear plays a roll.

Several companies take the guesswork out of rating the condition of the coin, for a fee. They will grade the coin on a scale of 1 to 70, with 70 being practically perfect, and place the graded coin in a display holder that will hopefully prevent any future damage. The better the condition, the higher the value.

Factor 2: Rarity

Most modern coins will never be rare. These days, there are many collectors and the mint produces many items of each type of coin being produced every year. If you’re collecting coins for investment potential, modern coins are not good bets, unless you have a true rarity such as an error coin. That being said, a coin’s old age doesn’t correlate to rarity. Some older coins are more common that recent pieces. The higher a coin’s rarity, the higher the value.

Factor 3: Bullion value

Coins are generally composed of at least one type of metal, and that metal has a market value. For example, silver is currently $15.35 an ounce and copper is currently $3.1608 a pound as I write this article. A 1960 quarter dollar was composed of 90% silver and 10% copper. Multiply the price by the weight of each metal in the quarter, and you’ll find that the bullion or melt value of a 1960 quarter is $2.7804. For the most part, you should be able to sell a coin for at least the bullion value. Coinflation will tell you the metal content of U.S. coins and give you bullion values based on the latest market prices for the composition metals.

Factor 4: Demand

Ah, demand. Without demand, coins would fetch only their face value. That same 1960 quarter could only be used in financial transactions and would be worth no more than $0.25. Demand for various coins ebbs and flows as tastes change.

best of luck to you!

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Answer 2

Is that one of the old large size 10p coins, or one of the new smaller ones, since both were minted in 1992.

For the smaller size coins, the value is 10p since it's the current design, and unless as noted in the first reply it's in exceptional condition it will have been knocked around in the last 15 years and so only be worth face value.

The old large-sized coins have had no currency value since July 1993, and it's not likely to be in a condition which gives it any value to collectors.

Answer 3

It's still worth 10p. I've got older coins in my wallet! I think all coins say 'D.G.REG.F.D.' which means 'by the Grace of God Queen and Defender of the Faith'. Hang on to it though, we're weeks away from getting a brand new set of coins which will look completely different.

Answer 4

When I was a child living in England pre the new currency, the coins used to also say "ind imp" which meant emperor of India, which of course does not apply today.

In those days there was halfpenny, penny (d), threepence (thrupence), sixpence, shilling (12P or d ), two shillings piece,

1/2 crown = 2s + 6d, 20s = 1 pound. There was an old term for selling, a giunie =1 pound + 1 shilling.

Some of the large old pennies had lighthouses on them next to Brittania. There was a coin called a farthing with a robin on it but it wasn't legal currency by the 50s. You could still buy a farthing chew, but you had to buy two for a halfpenny (hapeny). I have one of each of the old currency I have kept from those days.

I also have a "Crown" which was equal to 5s but was not in circulation. This was minted to celebrate the Queens Coronation and is in a small plastic case.

Answer 5

10p