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During the first week of May I spotted a 'Silver Hammered Penny King Edward I' for sale as a Buy-it-now' on Ebay, £38 total including Ebay insurance and 48hr Royal Mail Tracked delivery. As the coin was in fact an Edward III florin coinage penny of Canterbury, and quite scarce, I bought it and tracking showed that the vendor posted it on 10th May. Over the next 48hrs or so it tracked to the Birmingham MC sorting office - where it stayed. After a fortnight I spoke to the vendor who contacted RM and received an unhelpful reply and no coin. After 3 weeks Ebay gave me my money back within 24hrs of my claim as suggested by the vendor and I wrote the coin off mentally with much regret. It is noteworthy that with the refund Ebay actually state that if the purchase is subsequently found it can be kept and they do not have to be informed. Well, it was delivered out of the blue by postie on Thursday! Only 8 weeks in transit! The vendor and I have exchanged several cheerful emails and I get to keep the coin for nothing! As far as I can tell the coin is S1547, N1122 (VR) and DIG Obv 1 rev Ai. Jerry4 points
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Whilst the interest in collecting from change may fade away, the interest in rarities, especially nice ones, is likely to be subsumed into the general collector desire for quality rarities seen across all spheres. Otherwise, how do you explain the prices paid for hammered coins, none of which circulated in living memory. Their desirability stems from the history and all coins are part of that same history. Not all denominations have a large following, but one day their turn will come when relative rarities are fully appreciated. Take halfpennies. Much rarer than pennies in top grade because alongside farthings, they were the mainstay of the working class cash economy. That means a high grade example is always a good long term bet given they weren't normally set aside and collected per se. It is a common thread throughout history. Look at Roman sestertii as an example. These were the circulating base coinage of the Roman era, and again, not something the rich and famous would set aside. However, the Bolsena Hoard found in the late 19th century in northern Italy provides ample evidence that even 1700 years ago someone thought them collectable. As the hoard contained a large number of top grade sestertii spanning a few centuries, it beggars belief that they were collected from circulation. The hoard only makes sense as a collection. i.e. we are just the latest in a long history of people who collect from interest, rather than as an investment. As I wrote in my testimony to Cope part 2. We 'met' on ebay. He, as my regular nemesis, eventually asking if I was a copper collector. Silly and obvious really. When we had both bid over twice book on a lustrous 1718 halfpenny that came back in the sale as a 65RB, it was clear that we both appreciated the relative quality of the coin, and how infrequently they turn up. High grade modern pennies will also fall into that same collectable category once enough have been melted and are no longer readily available, and this might happen sooner than you think. In the past 20 years, I estimate that I have consigned somewhere near a ton of bronze to be melted of all denominations. Why? Because nobody wanted them, so you melt to free up cash. The odd rare piece will have gone through undetected, but the vast majority will have been worth scrap value. I am not alone in having done this. This will increase the relative abundance of the rarities over time. Every dog has its day, and as far as I can see, always will do so on a recurring basis.3 points
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One of the fundamental rules of collecting is that it is entirely down to individual taste, with no right or wrong. A person unable to see alternative views is too blinkered or has an unhealthy personal interest in the outcome. It is also a given that if someone writes down their research on paper, some people will collect said identified differences. One or more of the latter group will then see anomalies and try to rationalise them, and so the research continues. The logical conclusion therefore is that eventually, we will able to identify nearly all of the coin dies that were ever made. Not 100%, but pretty damn close. As a reference point - great. As a collecting aim - get a life if you want everything, and ask to carry any brownie points into the afterlife, because you will need all the time you have 10x over I can't explain why, but whenever I hear the passionate debates about what is right and wrong and the refusal to back down on a view, I am always reminded of the late Eric Heffer's speech in the Commons concerning the Labour left's hounding of Princess Michael of Kent regarding her father being in the SS during WW2. The basics were along the lines of: I think it important that someone from this side says this. I've never met the woman, have no desire to meet her and I am unlikely to ever do so, but in a democracy, nobody can be held accountable for the actions of their forefathers. So if those trying to make political capital from this would kindly sit down and shut up, we can get on with the business for which we were duly elected. He may have been left wing, but living in a democracy topped his political views By extrapolation, a tolerance of conflicting views ensures that life can continue peacefully, with the only likely damage in numismatics being data overload. I can live with that. The views will always be diverse, only the tolerance varies.3 points
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I have been giving my unwanted pennies to a charity shop (animal not human they are too greedy) and when I go in to see how they fared they are always sold out, apparently its youngsters going in to buy them, so maybe its an upward trend, hopefully2 points
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The problem with spurious Mint emissions is that a deliberate anomalous product commands a much higher price than a random blank picked up and thrown in the bucket for use. i.e. if you could prove it was a striking specifically tied to a certain mint action, such as trying out a regular mix on a different thickness blank, or a test for a new currency contract from a foreign country, you will do better than the unintended oddball. Wrong flans occur regularly, which is not surprising given the billions of blanks cut every year. Clearly even a hundred wrong'uns would be extremely rare, but in the context of mint operations would only amount to a rounding error if checked for weight. So to consider the above point, it is definitely not common, certainly excessively rare (in the context of a currency issue) and maybe even unique. The problem lies in documentation, because errors are by definition, not struck for the records.2 points
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I've just formed an end-of-season football harmony group, called Manhattan Transfer Window. You're welcome.2 points
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Why don't you do that and find out as it is a cheap option? The cameras of the new phones are constantly getting better and you could very well be happy with the results.2 points
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https://www.ebay.co.uk/itm/127945382130?_skw=1696&itmmeta=01KWV68AKFNDSWCKKGPY94SJ64&hash=item1dca2398f2:g:iPYAAeSw35RqQGXn&itmprp=enc%3AAQALAAAAwGfYFPkwiKCW4ZNSs2u11xDovThOToFz2ZFPxugPA9XSFNn8ZGWTRKC3MuiLJB2vvvikM48JUeNQ5533R99qzPdpkTJiede8k08e1bKo7QPHnPdYirkor3VFy0FOX2Qdv22cpy62ndLBOphkklDDLEyhg7Dorvm0zathn1pNWUCTsodDHQA6DNvLqugFfUYUWRm5YRDRZiZddbZrVpucvMHW9MCW66Ze6LEzfoQ8w6lGoPt4ne1QgIBCoh6HWU%2FLyw%3D%3D|tkp%3ABk9SR6aqoebmZw2 points
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On the plus side, a lot of the flan issues were ironed out during the decimal patterns by using various metal mixes and flan thicknesses. The presence of almost consistent flan lamination for certain varieties suggests an attempt to standardise minting conditions, more importantly on a series which didn't circulate. The engraving wasn't particularly divergent from the normal currency issues, but the minor fiddling with mixes and also presumably striking forces for the mixes will have helped immensely in arriving at the ideal.2 points
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Just to add a bit more: the first few years of the changeover to bronze saw a helluva lot of repunching of date digits and legend letters. Bronze is a harder metal than copper, and the coins were thinner in size, so dies got worn relatively quickly. As well as that, the Mint is reported to have experienced a lot of problems caused by the change of metal, which the huge number of varieties (major, minor, and micro) in the first few years can attest to.2 points
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Just an oddball. Letters and digits on worn/filled dies were often repaired by re-punching, and not surprisingly these were often slightly misplaced. Of little extra interest unless the wrong punch has been used or the misplacement is extreme. As for the ‘4’ it may just be a die flaw. Jerry2 points
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Yes, most certainly a worn die. And a truly shocking price which would be way too high even for a good strike UNC example. Here's a much better example at a reasonable price: https://www.ebay.co.uk/itm/157378763239?var=0&mkevt=1&mkcid=1&mkrid=710-53481-19255-0&campid=5338946167&toolid=20006&loc=&customid=4581527531114051_710033490_o.9beeaa501cf11ef92efac014f4958c05&msclkid=9beeaa501cf11ef92efac014f4958c052 points
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As do mine! Hopefully the cognac my father gave me the other day will be more ... resistant 😉1 point
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No he didn’t Specialist edition is just 1860-1901. The Binder for sale The British Bronze Penny, you can ask what you want but £40-£50 ish and Richard Bee wanted one recently I think in here.1 point
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In retrospect it was daft listing it to finish during the WCF.......but when I set it up for a 10 day run I wasn't think about football 😉 It was a rubbish game anyway and if anyone REALLY wanted that coin I'm sure it would have been priority over the footie. That's the advantage of sniping and proxy bidding. You don't have to remember to bid in the last minutes or seconds. Maybe I was correct in my OP.......there isn't the the interest and demand there was 10 years ago.1 point
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Many thanks for your answer, Rob. I really appreciate it I'm just getting into this coinage, so I could ask for your help again.1 point
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To me thats what will keep these few and far between and the premium up. @RChris I have had another look tonight trying to find a country the RM has struck coins of a similar weigt and size without any luck.1 point
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After another couple of months, it now looks like this. This photo taken with the new camera I have just picked up - I have not quite got the hang of the focus and exposure yet - sorry! The "copper disease" is much less evident in the hand and the coin will never be perfect again, but I think better than it was.1 point
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Thanks guys, very informative 🙂1 point
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I’m hoping these links works…sold for over £3000…the number of different Edward VI shillings was surprising @Michael-Roo, as were the Charles I coinage, as well as Elizabeth! Some royalist badges too @TomGoodheart https://www.easyliveauction.com/catalogue/lot/f8c9faa1e5744a62a93836a448951a53/0af8d24542e81eb9357e7ef448a6646f/auction-of-antique-silver-jewellery-paintings-count-lot-237/ https://www.easyliveauction.com/catalogue/lot/819865231486824515681d69c412c4c6/0af8d24542e81eb9357e7ef448a6646f/auction-of-antique-silver-jewellery-paintings-count-lot-236/1 point
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Oh, and this penny apparently has “the profile of a British lady “ on the reverse. Don’t you just love A.I. ! Jerry1 point
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I engraved some coin dies in 1/12 scale for Dolls house money. I used mild steel and after striking 20 coins the mild steel dies deformed. I dont know but would imagine real coin dies are tempered to a certain degree making them less likely to deform like the dies I made. I tried striking gold, silver, bronze and copper all soft metals compared to mild steel, the fact my dies were not tempered they deformed. I quickly understood a highly polished die and more force when striking the dies produced much higher quality strikes. When I try it again I will anneal 01 tool steel engrave my obverse and reverse then temper them in order to harden the metal so I can strike more than 20 coins. There will be a trade off between a soft of a die that deforms with subsequent strikes and tempering the metal too hard the dies crack rather than deform. If a metal cracks rather than deforms it suggests it is tempered or work hardened and with each subsequent strike the metal is probably hardening itself also. At a guess I would think a pair dies slowly harden over the working life of a pair of dies which may lead to crack dies?? I made a steel tube/collar inserted the bottom die into the collar then placed my metal blank into the collar then presented the other die and struck it with a hammer. Initially I was getting weak strikes, then started hitting it harder which produced much nicer strikes but ultimately deformed the dies.1 point
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Thanks.Perhaps I should submit one for grading with NGG or PCGS. It's something I have been reluctant to do given potential issues with customs.1 point
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The OP has not been back since his query, and I suspect he won't be as he did not get the glowing response he sought!1 point
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Just wondered if I could prick the interest of fellow Charles I halfcrown collectors, or ask for opinions I have been concentrating on Tower Mint types this last year or so, here's a montage of my best so far. Some are Brooker and/or Bull plate coins.1 point
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