1 Ban Coin

Brief Description

The coin features "1 BAN" prominently on its obverse. The reverse typically displays either the Romanian coat of arms from the Socialist Republic era or a simpler design depending on the specific year of issue. The example in the image shows a simple design with the denomination clearly readable, suggesting it belongs to a later period within the Socialist Republic of Romania or an early post-communist period.

Historical Significance

The 1 Ban coin was part of the Romanian Leu currency. Coins from this period reflect Romania's time under communist rule (Socialist Republic of Romania). The 'Ban' is a subdivision of the Romanian Leu, with 100 Bani equaling 1 Leu. These coins were replaced when Romania underwent currency reforms, especially after the fall of communism and leading up to its entry into the European Union. Their existence marks a specific economic and political era in Romanian history.

Estimated Value

In circulated condition, these coins generally have minimal monetary value beyond their face value, often less than $1 USD. Uncirculated or proof examples might fetch a little more, typically a few dollars, depending on rarity and demand among collectors for specific years or mint marks. As common aluminum-magnesium coins, they are not usually highly sought after.

Care Instructions

To preserve the coin, handle it by its edges to avoid transferring oils from your skin. Store it in a cool, dry place, ideally in archival-safe holders, such as non-PVC flips, coin capsules, or albums. Avoid cleaning the coin, as this can damage its surface and significantly decrease its collector's value. For common base metal coins like this, aggressive cleaning is particularly detrimental.

Created At: 2025-09-06T11:24:30.953954