Half-kopeck 1927: description, brief history of occurrence, value for collectors

2024 Author: Sierra Becker | [email protected]. Last modified: 2024-02-26 03:45

In addition to the half-kopeck coin, in 1927 another small change was minted and put into circulation - one-, two-, three-, five-, ten-, fifteen-, twenty-, as well as fifty-kopeck coins. Coins in denominations of one and five kopecks were made of aluminum bronze, and for minting change money of a larger denomination, the young Soviet government did not spare low-grade silver. Copper was used to mint the half-penny coin.

A brief history of half a penny

The founder of the half-kopeck coin was the Russian Tsar Peter the Great. He was faced with the need to introduce a new monetary unit, suitable for the exchange of a silver penny. By the end of the 17th century, the already small penny became even smaller - this meager piece of silver was called a “scale”. For everyday spending, it was not suitable for the reason that it was a rather large amount, and merchants who traded on a large scale did notsatisfies due to its meagerness.

Fearing another "copper" rebellion, Peter introduced a new money very slowly and carefully - for fifteen years. The first such money was denga or 1/2 kopeck.

The size of the first Soviet change coins (five kopecks, three kopecks, kopecks, 1/2 kopecks and 1/4 kopecks) did not differ from the royal money. The same can be said about the metal from which they were minted.

The value of Soviet trifles minted in 1927 (half-kopek is one such coin) is that it actually contained pure copper.

Mythbusting

Copper alloys, like pure copper, have been used by minters since time immemorial, not only for making copper coins (like the USSR half-kopeck, for example), but also "silver" and "gold" coins.

Today, as in the distant past, a huge amount of copper is used to mint coins from the "noble metal", as well as to make commemorative medals and badges.

Is it possible to make money on collecting?

Experts say you can if you do it right. The most affordable way to make money is to search for and then purchase rare coins at the lowest possible prices and then resell them at a higher price.

So, for example, a purposeful numismatist who has set himself the goal of making money on the price difference can buy a coin worth half a kopeck of 1927 in a satisfactory condition for 5100 rubles, and sell for at least 5500rubles.

If the collector is not satisfied with the above strategy, he can choose a simplified option - find, exchange and receive rare coins as a gift in order to sell them.

It should be noted that most numismatist collectors prefer the first way of earning. Numismatists explain the profitability of the “money business” as follows:

collecting and selling rare coins does not imply any prior financial investment. The only time the seller has to spend money is when buying another rare coin;

collector does not need rented premises and can do without attendants;

the seller of rare coins does not need to advertise their activities and spend money on paying for expensive advertising campaigns

We should also not forget that collecting rare coins is an almost perfect investment. Once acquired, a coin can be resold many years later for a much larger amount. The main thing is to be patient.

Description of the 1927 half-kopeck coin. Bid price

On the obverse of the coin, the abbreviation "USSR" was minted (this inscription is located in the center) framed by the call "Proletarians of all countries, unite!", separated by a dot. On the other side of the coin, the year of issue and the denomination are minted.

The 1927 half-kopeck coin weighs 1.64 grams. The diameter of this coin is 16 millimeters, and its thickness is 1.2millimeter. Ribbed edge of the coin. What circulation it was minted is not known for certain.

The cost of a half-kopeck, according to numismatists, depends on which mint it was made at and what condition it is in now. At numismatic auctions, the maximum price of such a lot can exceed 20 thousand rubles.

In the middle of 2016, the approximate price of a half-kopeck of 1927, not in very good condition, was one thousand rubles.