New Coin For Collection

[Corina]

This is A 1929 Iceland 2 Kronur With A Odd Mintmark A heart

 

 

One Question that Puzzles me is Why Did They Put A Heart Mintmark on this Coin?

[tbirde56]

For whatever reason a heart has been the mintmark for the Copenhagen, Denmark mint since at least 1840. Iceland was a Danish possession until its independence in 1944.

[henare]

i've actually wondered why more mints don't have more distinctive mint marks ... f'rinstance, like the casa de moneda in mexico city.

[Corina]

I Looked up the Mintages For This Coin

 

Mintage: .077 (2000 World Coin book)

 

What Does That mean?

 

And I Like The Heart Mintmark

 

And What Is the Current Value Of This Coin?

 

GL N Heart Is What It Was labeled At the Shop

 

And It Cost me $7.50 Did i Overpay?

[Brett]

Colin in front of your Krause there is a "how to use this book" section that contains a ton of info, for future reference. But here is the answer

 

 

10,000,000 is 10.000 in Krause

1,000,000 is 1.000

100,000 is .100

10,000 is .010

9,999 is 9,999

1,000 is 1,000

842 is 842

27 is 27

 

So .077 is 77,000 coins minted

 

Not sure of current value, but I don't think you overpaid

[banivechi]

Values: F:10$; VF:20$, XF:65$, UNC:265$

So, you bought it cheap!

[tbirde56]

The 2006 edition's Unc value is up to $325.

The N and GJ are the initials of the mintmaster Niels Peter Nielsen (1929-40) and moneyer Knud Gunnar Jensen (1901-33).