Iran Rials: 25, 50, 75, 100, 200, 750, 1000, and 2000 1971
Please bear with a story before we get to the appraisal.
Our early version of the CoinQuest web site did not use our comprehensive questionnaire. We simply asked people to describe their coin. This worked ok most of the time, but sometimes people would sent inquiries like this: 'I have a coin. It says In God We Trust. How much is it worth?' Needless to say, Jenn is the antithesis to such people. Thanks, Jenn, for the thorough description of your coin.
In 1971, at the 2500th anniversary of the Persian Empire, Iran issued a bunch of rial coins in gold and silver. Many of the coins are proof. There are a few uncirculated (non-proof) specimens. These coins today are worth a few percent over their melt value. That is, they are worth roughly the amount that their precious metal is worth.
To figure the melt value, first look up the price of gold or silver on the Internet. My favorite site for this is kitco.com. Then multiply the troy ounces of gold or silver in your coin by the kitco value. This is the approximate value of your coin.
Here are the statistics for these coins. Use the precious metal content here for your melt calculations:
25 rials, 27 mm diameter, 0.241 troy ounces of silver
50 rials, 30 mm, 0.482 ounces silver
75 rials, 34 mm, 0.723 ounces silver
100 rials, 38 mm, 0.964 ounces silver
200 rials, 50 mm, 1.927 ounces silver
500 rials, 21 mm, 0.188 ounces gold
750 rials, 27 mm, 0.283 ounces gold
1000 rials, 30 mm, 0.377 ounces gold
2000 rials, 39 mm, 0.754 ounces gold
For instance, suppose you have Jenn's 200 rial coin. At this writing, the price of silver is about $18 US dollars per Troy ounce. So Jenn's melt value is 1.927 x 18 = $34.
With gold around $1100 per ounce, a 2000 rials would melt to about $830.
You can add a small dollar amount to the melt value if your coin is in superb shape. For the virtually perfect coin in our picture, I'd add perhaps $20 to account for the shear beauty and collectibility of the piece.
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Coin: 3697, Genre: Islamic Hindu Buddhist, Timeline: Modern
Created (yyyymm): 201003, Last review: 201507
Appearance: Normal round coin Metallic gray Metallic yellow Letters: Latin Flowing style
Years: sort: 1971, filter: 1971 to 1971
Image: iran_200_rials_1971.jpg
Tags: stemming encircled tiera bloomed headed marc slicing broadsword symbol curvy male paws light sworeds circal female sunshine peoples sammelmarke stem saber ribbons leis swirls chalice lilly woman rings 2000 symbal quattro fleur marke curves man symbels flour sliver scribble outteredge twice reichsmark marck stand sola tiarra blossom lis rim flur centered women sword ladies bouquet pots 2nd fem petels tiara proof 1000 tigers lion amphora circling flowers curl petal orchid ladys glas crown edging people encircles petals certer circel bottle encircle edged goblet body siver swirl stands sunset edges lining feinsilber females ringed squares 750 silver centers twirly reicshmark circumference bowed encircling ribbed slash fler tiger simbol ridges quater translates curly flower 100 centre womens ring mintmarks boxes crowning ridged curlicues royale uniforms lined lady lines quarto kohlenmarke squarish lions bodies curved trefoil markas jar symbols peple bride mans two circles loop bar 200 circumscribed heads swirly curving crowns silber circumscibed urn sun circuit translate reeding box rial oneheaded quartos 50th squared rials mintmark reeded deuchmark silverish womans swords boxed symbles lises uniform lily vase crowned 100th square bud off squiggley slice paw pot sammel sunrise mintmaster challace circlet crossbar curve head toward circle curlycue pedals trefoils mens chalace lilys offcenter bars sash squiggles standing slanted languages person yrs quarts floer fluer sqiggles cougar dreimark argent sunburst fleures sunlight shoulders lei loops mark floral swoosh years 25th line dutchemark curls femal feminine simble one dogwood circular jacket sol incircled quarter marks iranian ridge kettle shoulder quarters towards squigle jug language royal lisse persian rainbow ones squiggly stems mint year glass outlined royalty reichmark deutschemark circled outline bowl iran quatre scribbles satzmarke slant cup sols reeds persons flowery rib swordlike center silb princess fleurs ribon edge offset orcid outlining persia squiggle silba ribbon
