Iraq: Restoration of Babylon series, 1982

[gerard974]

 Hello
is two varieties for 500 fils 1982
500 fals KM 168 and 500 faisan KM 168a but circulating


Best regards  Gerard

[Bimat]

These coins were originally issued in holders (and advertised as UNC and not BU) and thus, not intended for circulation. However, many of those sets were broken and coins were sold separately. Also, many of the holders were not handled / preserved properly, which also explains the quality of these coins. Gerard must have got these coins from those broken sets.

Aditya

[<k>]

So this is what I call a "circulation-like" set: collector coins that are made to look like a circulation set. Other examples are the Franklin Mint special sets for Belize, Guyana and the British Virgin Islands in the 1970s.

[gerard974]

Hello
i go to seen one set in folder
http://www.cafr.ebay.ca/itm/IRAQ-coins-proof-set-1982-babylon-coins-in-orginal-case-/231119845120?pt=US_World_Coins&hash=item35cfd0f700#ht_972wt_1221

Gerard

[Bimat]

Thanks Gerard, I wasn't aware of this proof set. The UNC set was issued in blue folder and it's not as expensive as the proof set you have mentioned.

Aditya