Rob

NGS? NGC is the other main TPG in the States.

I'm not sure either of them is a proof yet. The first looks a better candidate than the second but neither coin has the clarity of detail of either my coin or John's which you will note come from the same obverse die. The number of dies used is an issue here. You would not expect there to be more than 2 or 3 dies used over the period in which the sets were struck and so any new dies that don't correspond to confirmed proof dies give rise to concerns. Nicholson's proof 1/2d is struck from different dies to mine & John's and neither of your two coins are from either of our confirmed proof dies.

£7000 hammer, but lot 275 was made up of the penny plus a proof set 1/4d - 2/6d and so no price is available for the penny as a stand alone item. OK, thanks Rob. I suppose it would be possible to roughly estimate by gauging what the proof set would have gone for on its own. Not so easy. There aren't any other KGV proof sets in the the catalogues immediately before or after this sale which matters because prices were on a substantial bull run in the 70s. Proof sets only come up every year or two even today and then you have to take into consideration things such as the 1934 which has no florin and the wildly different prices for sets with or without a crown.

Thanks. It's just that mine has a larger 9 in the date when compared with the 1 & 8 and traces of a horizonal and angled line superimposed on the 9 together with a small trace of a protrusion on the left side of the top of the 9 suggesting 9/7

£7000 hammer, but lot 275 was made up of the penny plus a proof set 1/4d - 2/6d and so no price is available for the penny as a stand alone item.

Whilst books of prices satify the considerable demands of the the market, to be honest, the production of a price guide is almost irrelevant in today's environment. There is ample data available for prices realised in sales, but the spread of these prices for what is ostensibly identically graded pieces makes choosing a number akin to pinning the tail on the donkey apart from when you are talking bullion. Overhyped prices on ebay compared to just about any other auction would lead to too high expectations on the part of vendors for lower grade material, but equally a high grade or esoteric item will typically not realise its full typical rostrum auction value on ebay because of insufficient trust in the vendor to be honest when grading. When prices are written down they are effectively cast in stone for some collectors as the maximum price to pay which is a little meaningless with regard to what the market is saying. There are just too many variables when assessing grade and condition to ascribe a concrete price. Should price guides reflect the OTT prices paid on ebay for ****, as after all it is the going rate for some people. People complain Spink prices are too high relative to the market, yet I can think of many instances where the prices are too low if trying to reflect reality. There is no right or wrong number that any guide can give and it would be disingenuous to suggest otherwise.

Proofs...ummm...they have always been out of my reach...or what do I actually prefer?...an Unc currency or FDC proof? I will stick to what I know until I have Robs millions....and then it would probably be hammered gold and sorting out the best in the world copper 1672-1724 currency of course If only. Though if I did have millions, I'd be into proofs, patterns and currency, hammered and milled of all types big time. Or to put it another way, if I liked it I'd buy it even if I had a nice one already. Current funds don't always run to a type example, let alone one in top grade.

If you're going into proofs and patterns then welcome aboard. Sometimes it feels a bit lonely as virtually the only collector of these items on this forum. Come on all you admirers of said items - fill your boots instead of just window shopping, there is enough material out there to go around.

That's more like it. Even I could get enthusiastic about a penny with that depth of strike given I need a KN for the collection. The regular offerings are depressing. I've just thrown a handful of KNs that were better than the current ebay s***e. Having said that, it's still got a few marks at the bottom of the obverse and a funny stain on the head.

The other problem with it is that coins of Derby, Nottingham and Tamworth are usually inscribed REX SAXONUM (King of the Saxons) as opposed to REX TO BRIT (King of All Britain) because the area was under strong Danish influence and the acceptance of Aethelstan wasn't whole-hearted. There is no way with Edward the Elder having conquered Northumbria in 917 AD that his successor would then strike coins reverting to the viking style of reverse with all its connotations.

Something not right here. The obverse read AEDELSTAN REX TO BRI which is similar to the Circumscription Cross issue of Aethelstan (924-939) though it usually reads BRIT. The reverse is a Viking imitation coinage style for St.Peter's Coinage of York, but the sword is pointing in the wrong direction. Dave Greenhalgh does a copy of a St.Peter penny where the sword is facing the same way as yours, but there are detail differences. A mule of the coins of opposing forces in battle is highly contrived. Don't forget Aethelstan routed the Irish of viking descent and Scots et al at the battle of Brunanburh. I don't know where it comes from, but it doesn't make sense and has to be a modern concoction. Aethelstan was king of Wessex, but the York coinage was struck a decade or two earlier. The obverse legend reads King of all the Britons, which is assumed to be following the defeat of the northern forces in the middle of his reign. The actual date of the battle is uncertain. This is more than a decade later than the period in which St.Peters coinage imitations were produced.

The grade isn't affected becasue there is no more wear after stamping the initials than there was before. There are a few collectors of countermarks or business stamps, but your normal currency collector wouldn't want one with the stamp unless really rare. So a reduced resale value would apply in the case of something as common as this.

Usefulness has never had a unit cost. You either need it or you don't.

Not sure about that. Whilst there are apparently accurate mintage records available for every other year and denomination, we only ever read that as far as 1954 is concerned, there is "only one known". Not even sure why that was produced or where it is now ~ can somebody enlighten ? Same applies to the 1952, of course. I don't think the location is a problem for these rare coins as discussed in a thread a year or so back. The numbers produced and reasons for doing so are a little more problematical however. I'd also like to see a better image of the foil impression for example which fills the screen and is taken perpendicular to the coin face as images exist of the accepted unique item, so it would allow corroboration. The only reason people take angled views noramlly is to eliminate flash reflection, but you can easily cover the flash with thin paper to eliminate this.

I saw a 1954 last year which had to be a changed date or something else iffy about it, but I have to confess I couldn't see anything wrong with it and nor could the person (a dealer) who showed it to me. It could easily have been genuine. How do we know that is taken from the known coin other than to accept the vendor's word? Can we be certain the 'only genuine' 1954 is actually so? Actually, when it comes to tin foil impressions of coins, Lindt do a very nice SFr5 amongst other things. Yummy.

It only happens on book bids. If you bid in the room the auctioneer is in control and so either knocks it down to you there and then or you pass. If you bid live on line the same applies.

Reverse

It's only happened to me a couple of times, but when it does it's a very good feeling - I can feel an anecdote coming on. The coin below was lot 253 in St.James's 3 where Mark Teller bought it for ~£4K including premium. I wanted it, but not at that price because nobody pays that much for a York shilling under normal circumstances and so was outbid at the sale. 2 or 3 years later it resurfaced in a Goldberg sale. In the interim the pound had depreciated against the dollar, so for the eventual buyer in the St. James's sale to recoup their outlay in dollars it would have been necessary to go to about $8K. This was even sillier than the £4K of two years previous, so I put in a bid within the estimate of $4000-4500 which was effectively at the same level as I was prepared to go to in St. James's and crossed my fingers. I followed the sale on line and got a bit depressed when I found I had been outbid, but only by one increment. I assumed it had a reserve, but had no idea at what level it was set because obviously nobody else had bid. I waited for my other winnings to be invoiced but imagine the euphoria when I discovered that I was being invoiced for something I wanted but thought had escaped. Happy days indeed as it has wall to wall original dusty lustre and the whole coin glistens in the light. It doesn't happen very often, but when it does you get a hell of a buzz. Obverse

Happy days when it happens on the odd occasion.

Any of the above is possible. Tardis anyone to resolve it once and for all?

Despite his claim to the contrary, it's not the real thing. It's missing the final E in genuine.

Ditto that. Both have clearly been cleaned. The obverses look considerably worse than the reverses would suggest in both cases which seems a little odd. I hate to think how much someone is going to pay for either of them.

Today's releases are driven by the marketing department, or so it appears. Sets are produced for the beginning of the year so that they can make inflated prices for their packaged products. The currency ones are released to the banks as they ask for new supplies. There are far more coins in circulation than you might assume would be required, but so many are sat in piggy banks or the like that the mint has to keep on producing them. Look at the number of 1p's officially in circulation, which is far more than are required for normal commerce. I don't think that scenario would have been relevant in 1926 when currency would have been released as required purely on commercial grounds and agree with the idea that most if not all were sent to a small area of the country.

Let's throw another possibility into the mix. The ME was clearly intended to be the way forward in 1925 because the 1925 ME halfpenny was produced. What if the 1926 ME penny was the first to be struck with this date, but the die broke early on and so the balance of the order was made up using old obverse dies? This would leave an unquantifiable (but potentially very small) number struck unless the Mint Records could shed some light on the subject. Again there's no evidence, but with all options open it has to be considered.

You've got to crop the image. Somewhere on your paint program or whatever will be a dotted box icon or something similar. Usually you hold the mouse button down and drag the mouse so that the cursor draws a box around the coin. Do it so that the coin virtually fills the area within the box and save it. Then upload the new image.