Belgium started minting 'Trade Coinage' mostly for collectors in 1987. Some coins are silver, others are gold. As such, these coins with the old denomination 'ecu' carry value due to their precious metal content.
The 5 ecu coins of 1987 contain 0.612 troy ounces of silver. They are worth the current price of 0.612 ounces of silver. To find that value, go to kitco.com and look it up.
Right now, the current price of silver is $19.85 US dollars per troy ounce. Tomorrow the price will be different, so look it up. Today's value of the 5 ecu coin is 0.612 x 19.85 = $12.15.
If you were to sell your coin to a gold and silver buyer, he or she would charge a commission to execute the transaction. The size of the commission depends on the size of the transaction. For, say, ten 5 ecu coins with a silver value of $120, a typical commission would be $30. For 100 coins worth $1200, the commission percentage goes down. The larger the transaction, the lower the commission percentage.
, Genre: Central Europe North South
Requested by: ALINA, Sun, 30-Mar-2014 17:54:53 GMT
Answered by: Paul, Mon, 31-Mar-2014 14:48:30 GMT
Last review by CoinQuest: Sat, 19-Mar-2016 01:48:16 GMT
Requester description: 1987 Front: CAROL VS. DG. ROM. IMP. HISP. REX. DVX. BVRG: C.F Back: 5 ecu 1987 Belgie Belgien Belgique
Tags: belgium 5 ecu belgisch belgian belge belgische belguiou belgien belgia belgish belgie beleciqve beligiom belgen belgidue belciqve belgii belges belgiue belgioue belgique belg belga carol charles rom imp hisp spain rex dvx bvrg burgau karolus karolvs carlos karol carl carlovs carlosi karl carlo carlvs charlie carolus carolvs espana spainish hispanarvim hispan espanas hispanarvm hispaniarum hispanirvm spanich hispanarium hispana espania espa spanish espanola hispa spai hispaniarvm burgco burg circle star beard circled encircle circlet ring circles loops circal encircled circuit ringed circumscibed incircled circel circumference encircles encircling rings circling loop circular circumscribed starrs stars tee goty goatee gotee whiskers beared bearded whisker beareded wiskers hair hairdo hairline