Hong Kong 10 Dollar Coin Value In Philippines
Coins are not only used for transactions but also for collecting. Some people collect coins as a hobby or as a way of investment. One of the coins that are popular among collectors is the Hong Kong 10 dollar coin. In this article, we will discuss the value of the Hong Kong 10 dollar coin in the Philippines.
History of Hong Kong 10 Dollar Coin
The Hong Kong 10 dollar coin was first issued in 1976 by the Hong Kong Monetary Authority. It is one of the most popular coins in Hong Kong and is widely used in daily transactions. The coin is made of cupronickel and has a diameter of 28.5mm.
Design of Hong Kong 10 Dollar Coin
The obverse side of the coin features the Bauhinia flower, which is the emblem of Hong Kong. The reverse side of the coin features the denomination of the coin in both English and Chinese characters.
Value of Hong Kong 10 Dollar Coin in the Philippines
The value of the Hong Kong 10 dollar coin in the Philippines varies depending on several factors such as the condition of the coin, the year it was minted, and the demand for the coin among collectors. As of August 2021, the value of a Hong Kong 10 dollar coin in the Philippines ranges from 60 to 200 Philippine pesos.
Factors Affecting the Value of Hong Kong 10 Dollar Coin
The value of the Hong Kong 10 dollar coin in the Philippines is affected by several factors:
- The condition of the coin - Coins that are in good condition are valued higher than those that are damaged or worn out.
- The year it was minted - Coins that were minted in earlier years are generally valued higher than those that were minted recently.
- The demand for the coin among collectors - Coins that are in high demand among collectors are valued higher than those that are not.
Where to Buy Hong Kong 10 Dollar Coin in the Philippines
If you are interested in buying Hong Kong 10 dollar coins in the Philippines, you can check out the following places:
- Online marketplaces such as Lazada, Shopee, and eBay
- Coin shops in malls and other commercial centers
- Coin shows and conventions
Tips for Collecting Hong Kong 10 Dollar Coin
If you are planning to collect Hong Kong 10 dollar coins, here are some tips that you might find useful:
- Do some research - Learn about the history and design of the coin to help you identify its value and authenticity.
- Invest in a coin album or holder - This will help you protect your coins from damage and preserve their value.
- Join a coin club - This will give you access to other collectors who can give you advice and support in your collection.
Conclusion
The Hong Kong 10 dollar coin is a popular coin among collectors because of its design and history. Its value in the Philippines varies depending on several factors such as the condition of the coin, the year it was minted, and the demand for the coin among collectors. If you are planning to collect Hong Kong 10 dollar coins, make sure to do some research and invest in a coin album or holder to protect your collection.