In the realm of numismatics, certain coins transcend their face value, becoming coveted treasures for collectors. One such gem is the elusive 1985 Irish 20p coin, a piece that could transform your spare change into a substantial windfall.
The Genesis of the Irish 20p Coin
Introduced on October 30, 1986, the Irish 20p coin was a significant addition to Ireland’s decimal currency system. Distinctively, it was the first Irish decimal coin differing in size from its British counterpart, reflecting Ireland’s monetary independence post-1979.
The coin features an Irish Hunter horse on the reverse, a design by Percy Metcalfe, previously seen on the pre-decimal half-crown coin (1928-1967). The obverse showcases the Irish harp, accompanied by the inscription “éire” and the minting year.
Specifications of the Irish 20p Coin
| Feature | Description |
|---|---|
| Composition | 79% Copper, 20% Zinc, 1% Nickel |
| Weight | 8.47 grams |
| Diameter | 27.1 millimeters |
| Edge | Segmented reeding with alternating smooth and grained bands |
| Design | Obverse: Irish harp with “éire” and year; Reverse: Irish Hunter horse |
The 1985 Trial Strikes: A Prelude to Circulation
In preparation for the coin’s 1986 release, approximately 500 trial pieces dated 1985 were produced. These coins were distributed to various companies and organizations to calibrate vending machines and other coin-operated devices.
The intention was for all trial coins to be returned and melted down; however, an estimated 50 coins were never returned, making them exceedingly rare.
Rarity and Market Value
The scarcity of the 1985-dated 20p coins has rendered them highly valuable. Numismatic experts estimate that only about ten of these coins are known to be in private hands today.
This extreme rarity has led to auction prices reaching impressive figures. For instance, in recent years, such coins have fetched amounts up to €15,000 (approximately £12,000).
Identifying the 1985 Irish 20p Coin
To determine if you possess this rare coin, examine the date on the obverse side. A genuine 1985 Irish 20p coin will display the year “1985” alongside the harp and “éire” inscription.
Given that the official release occurred in 1986, any 20p coin dated 1985 is part of the limited trial issue.
Other Notable Rare Irish Coins
While the 1985 20p coin is exceptionally rare, other Irish coins are also of significant value:
- 1943 Florin: Due to limited mintage during World War II, fewer than 50 are believed to exist, with uncirculated examples potentially fetching up to €25,000.
- 1943 Half-Crown: Similar to the florin, its scarcity from the wartime era makes it highly sought after.
- 1940 Penny: With a mintage of only 312,000, this coin is rare and can be found in old collections.
The 1985 Irish 20p coin stands as a testament to the intriguing world of coin collecting, where everyday objects can hold extraordinary value. Its rarity and historical context make it a prized possession among numismatists. If you happen upon this coin in your collection, you could be holding a piece worth up to £12,000. Therefore, it’s worthwhile to sift through your spare change—you might just discover a hidden treasure.
FAQs
How can I verify the authenticity of a 1985 Irish 20p coin?
Consult reputable coin dealers or numismatic experts who can authenticate the coin. Professional grading services can also provide certification.
What factors influence the value of rare coins?
Rarity, demand, historical significance, and condition are primary factors affecting a coin’s value.
Where can I sell a rare coin?
Rare coins can be sold through reputable auction houses, coin dealers, or online platforms specializing in numismatics.
