If you look at the coin catalogs for this copper-zinc-nickel coin from the Philippines, you'd think it was worth only $1 US dollar in fully uncirculated condition. But the catalogs are wrong, at least a little bit. These are popular coins with collectors and a nice-looking circulated example, like the one in our picture, sells for $3 or more. Adjusting the catalogs a little, our estimate of value is:
worn: less than $1 US dollar approximate catalog value
average circulated: $2
well preserved: $5
fully uncirculated: $10
Be sure to read our page about catalog values. Click the Terminology link.
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