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Question:

Is a two crowns King Henry VIII copper coin have any value?

I have a two crowns King Henry VIII copper coin and wonder if it has any value? It is .999 copper and is "AOCS Approved" . Thanks for your input.

Answer:

It's not a coin. It's a private-issue copper 'round' sold either as a collectible or to the naive person that thinks they're making a smart investment in copper. All 'AOCS Approved' means is that the American Open Currency Standard, a private company that promotes the idea of people making their own currency and bartering with it amongst like-minded individuals, has agreed to the use of their name. In my mind, it's not worth much, because one Troy ounce of copper - what this probably is - contains roughly 25 cents in pure copper. I wouldn't trade you a US quarter for it, because I can use that quarter towards buying something anywhere. It would take me a long time to find someone who would give me more than 75% of the bullion value, assuming they even were interested in a single round. Most places that buy copper buy it by the many, many pounds. It probably has more value as something to collect. Maybe up to $5 to the right collector.
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