© tolnomur (CC BY-NC-SA)
© tolnomur (CC BY-NC-SA)
1 Dollar magnetic
1993 year| Nickel plated steel | 7.1 g | 25.5 mm |
| Issuer | Hong Kong (China) |
|---|---|
| Queen | Elizabeth II (1952-1997) |
| Type | Non-circulating coin |
| Year | 1993 |
| Value | 1 Dollar 1 HKD = USD 0.13 |
| Currency | Dollar (1863-date) |
| Composition | Nickel plated steel |
| Weight | 7.1 g |
| Diameter | 25.5 mm |
| Thickness | 2.1 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Updated | 2024-10-04 |
| Numista | N#2117 |
|---|---|
| Rarity index | 23% |
Reverse
Face value
Lettering:
壹 圓
1
1993
ONE DOLLAR
Translation: One Dollar
Engraver: Joseph Yam
Edge
Reeded
Comment
This coin differs from KM# 69a in that it is nickel-plated steel and magnetic.The 1993 coins are rare since they are pattern coins for testing purposes. They were in coin sets and are now in circulation since some have been taken out of the original sets. The Chief Executive of the Hong Kong Monetary Authority suggested that its circulation rate is below 1%.
Interesting fact
The 1993 Hong Kong (China) 1 Dollar magnetic coin is interesting because it was the first coin to use a unique magnetic material in its composition, which was developed specifically for this coin. The magnetic material, known as "Magnetic Nickel-Steel," was created by combining nickel and steel with a small amount of magnetic material, resulting in a coin that is both durable and has a unique magnetic properties. This feature was incorporated as a security measure to prevent counterfeiting and to make the coin easily identifiable.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1993 | 30000 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Dollar (magnetic) 1993 coin.
