The value of a selected classic foreign money word, issued in 1923 and redeemable for silver, is decided by a number of elements. These embody its situation (starting from “Poor” to “Uncirculated”), rarity primarily based on collection and signature mixtures, and the prevailing demand from collectors. For instance, a well-circulated frequent word could be value solely barely greater than its face worth, whereas a pristine, uncommon selection might command a considerably larger worth.
Understanding the elements influencing valuation is important for each collectors and people who might possess such foreign money. These notes characterize a tangible hyperlink to a historic interval when paper cash was straight tied to valuable metals. The intrinsic attraction and historic significance contribute considerably to its collector curiosity and potential monetary value.