3 Piastres - Victoria

Features

Issuer	Cyprus
Queen	Victoria (1879-1901)
Type	Standard circulation coins
Year	1901
Value	3 Piastres (1⁄60)
Currency	Pound (1879-1955)
Composition	Silver (.925)
Weight	1.8851 g
Diameter	18.0 mm
Thickness	0.7 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	Yes
Number	N# 12471
References	KM# 4 Standard Catalog of World Coins (86 volumes). , Pr# 22 Fred Pridmore. Coins of the British Commonwealth of Nations to the End of the Reign of George VI 1952. Spink & Son, London, United Kingdom (5 volumes).

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Obverse

Crowned and veiled bust of Queen to the left. DeS (=De Saulles) in relief below and in circle inscription VICTORIA.DEI.GRA.BRITT.REG.FID.DEF.IND.IMP.

Script: Latin

Lettering: VICTORIA.DEI.GRA.BRITT.REG.FID.DEF.IND.IMP.

Engraver: George William de Saulles

Reverse

Crown above a large figure 3 which divides the date 1901, all within a circle of beads, with CYPRUS above and PIASTRES below

Script: Latin

Lettering:
CYPRUS
1901
3 PIASTRES

Edge

Reeded

Mint

Royal Mint (Tower Hill), London, United Kingdom (1810-1975)

Comments

NOTE: The British sovereign was declared the sole legal tender for unlimited amount by an Order in Council; dated 17 September 1900. British Imperial silver coins had been in use on the island since 1882 with the British shilling as 9 piastres. In 1900 it was decided that piastre denominated silver coins would be struck and this was the first issue of these. Under the new system silver coins were legal tender to 540 piastres and bronze to 27 piastres. The Deputy Master of the Royal Mint pointed out that, although there would be a loss of profit in not sending Imperial silver coins to Cyprus, from that time the duty of replacing worn silver would be shifted to the Cypriot government.

3 Piastres was the local valuation of the Imperial 4 pence or groat coin

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Date	Mintage	G	VG	F	VF	UNC		Frequency
Undetermined
1901	300 000	$ 12	$ 12	$ 12	$ 23	$ 3600		99%
1901							Proof	3%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: muntje01, SOTHIO, Dima, CanBird81, mowc

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Numista Rarity index: 33 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 4.11 Search tips

This value is given for information purpose only. It is based on a price of silver at 2356 USD/kg. Numista does not buy or sell coins or metal.

Actual silver weight: 0.056 oz

Current silver price: 73.28 USD/oz (see silver price

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions 2022 July 7 - 9 HKINF World & Ancient Coins Platinum Session and Signature® Auction - Hong Kong 3100 Lot 35360	7 Jul 2022	1901	UNC (NGC PR63)	USD 4920.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2022 January 18 - 19 NYINC World Coins Signature Auction 3098 Lot 33532	18 Jan 2022	1901	UNC (NGC MS62)	USD 1440.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232228 Lot 62414	7 Jul 2022	1901	AU (NGC AU58)	USD 288.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 101 Lot 530	18 Nov 2023	1901	XF	USD 42.95 (EUR 37.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.