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Everything posted by Rob
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possible copy 1699 sixpence!
Rob replied to chris's topic in British Coin Related Discussions & Enquiries
Why do you think it is a fake? 3g is correct, but could be anywhere between 2.5 & 3.5g. What is the weight to 2 decimal places? If it isn't made of silver, then the ring would be a different tone to a genuine one which you obviously have as you have compared tones. Is there any difference in the detail of the two items? -
could anyone validate this 1699 sixpence for us please
Rob replied to chris's topic in British Coin Related Discussions & Enquiries
2.4g is too low, but about right for a pewter with 80/20 Tin/Lead. Does it ring right? A cast will have a duller sound than a struck piece which has quite a clear resonance. Take a known 925 silver coin of about the same dimensions, place it on the end of your finger and give the edge a light tap with a pencil or similar. The ring will sound different if you have a casting in a different metal. -
Decent grade, but looks a bit polished with all the shiny bits. That is a pity because a nice UNC would make £4-5K. Book price for an EF which yours certainly makes is £2500-3K, though any cleaning would knock that back. You can't tell without seeing it in the hand. 1841 is THE desirable date for the series. Even cleaned you are better off than you originally thought. It's a rare and much sought after coin, and you are a lucky man.
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With all those contact marks, keep your hand away from your wallet. It isn't a rare coin and if you want a gEF or better you will find one in a reasonable time.
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I didn't see any at York either, but wasn't looking for them. I suspect it is too high a ticket price for a half decent example for many dealers to stock, and if in dire condition they are equally difficult to shift.
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They turn up on a reasonably regular basis. e.g. The last 3 St. James's sales had 2,4 & 4 pieces respectively. I didn't check the other houses, but it is reasonable to assume these were not the only pieces available in the past 15 months.
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Desirability isn't objective, but it plays a huge part in pricing. Consider your wreath crown. Struck for currency between 1928 & 1936 with 9034 struck in the first year and a low point of 932 for 1934. Prices for UNC are between £500 & £5000 and availability is clearly not an issue because most sales will have at least one example. Now consider the following list: 1675/3/2 halfpenny 1694 1/2d with GV/B on the obverse. 1694 1/2d struck in brass (2 known, 1 available to collectors) 1788 1/2d type R24 in aluminium 1790 1/2d type R44 in silver P1231 obverse uniface in copper (1 available to collectors) 1807/6 restrike trial halfpenny 2x P564 1689 farthings struck on a Charles II halfpenny Charles I 2/6d im.Eye struck on a shilling flan Charles I 2/6d Worcester mint Allen dies D-23 13 varieties of Weyl patterns. This list is not exhaustive, but all of the above 23 coins are mine and other than where indicated are unique (or effectively so) to my knowledge. But - not more than 1 or 2 of them have a cat in hells chance of selling for more than the price of an uncirculated 1934 crown. Why? It all comes down to the number of collectors relative to the coins available in the market place. There are probably more than 932 collectors worldwide looking to acquire a mint state 1934 wreath crown despite not all being in that grade, but far fewer interested in a Weyl pattern for example. Collecting habits change too. One year it might be pennies, the next year it might be crowns. Currently you can't get good hammered gold for love nor money and as a result prices have exploded, but I wouldn't like to prophesy that this will be the situation next year. Desirability overrides the rarity factor time after time. The basic rule should be to collect what you like and invest in what you can comfortably predict. Coins are essentially a discretionary purchase made from surplus funds unlike commodities which are subject to the demands of commerce and so the latter are likely to produce more predictable and better investment results if you do your homework. Sure the investment tail has wagged the collecting dog as witnessed by last month's Heritage sale where an MS65 slabbed 1901 1d sold for about £600, but taken in isolation you could come a cropper big time if you paid too much attention to this isolated instance.
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Silly idea. If you knew the answer to the question, you wouldn't be asking. Don't even try to second guess the market without a very deep knowledge of what you are "investing" in. On any day, all coins can be either cheap or expensive relative to market, but that requires you know what the market is and one swallow doesn't make a summer. Simply going for gold is even more of a risk, because bullion is a single commodity at the end of a very solid bull run whereas coins can effectively be many commodities depending on the field involved. However, as all prices have risen in line with the general market - in fact they are the general market, it would take a crystal ball to identify the next area to outperform the mean. I don't have one of these.
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Guinea Weight of Queen Anne?
Rob replied to Coin_Hunter's topic in British Coin Related Discussions & Enquiries
Unfortunately mary's husband William batted for the other side... Pink and Orange clash, that can't be right. -
You could change the upper value to £38K ish based on the P1311 in the Evans descendants' sale. There's only one of those. Forget that one. Must remember not to try to communicate after pub.
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You could change the upper value to £38K ish based on the P1311 in the Evans descendants' sale. There's only one of those.
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Anything from scrap to over £1K, it all depends on the condition. You would have to post a picture.
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Weight of William and Mary Shilling - possible fake
Rob replied to a topic in British Coin Related Discussions & Enquiries
I'm not sure electronic scales are the answer here. You need a small accurate one for coins which will weigh up to say 150g, but two decimal places is a must in my opinion. Over that the kitchen scales will suffice. The Post Office doesn't take particular care where they dump their deliveries, so the likelihood of them needing a weight to two decimal places beggars belief. -
Elizabeth 1 shilling - mintmark
Rob replied to hactonhouse's topic in British Coin Related Discussions & Enquiries
Possibly, but I don't think the difference will be appreciable because martlet which is the scarcer mark is not significantly more so than cross crosslet. VF may be a reasonable mid range coin, but not a stunningly desirable 'must have' and so you would be aiming at the type collector in all probability who would be content with either mark. Some busts are rarer than others for a given mark. If it is bust 3J however, please PM me because we need to discuss a purchase as I need one of these. -
Guinea Weight of Queen Anne?
Rob replied to Coin_Hunter's topic in British Coin Related Discussions & Enquiries
If the weight is about 8g that's ok, it doesn't pretend to be a coin that's ok, so it would appear to be genuine. Have a word with Paul Withers at Galata as this is his department and has written about them too so is clued up. -
Weight of William and Mary Shilling - possible fake
Rob replied to a topic in British Coin Related Discussions & Enquiries
Presumably an honest answer. You don't need to know about coins per se, just how to identify a potential good selling product and make casts. It isn't rocket science that any high grade (but obviously not perfect) item on ebay will attract bidding attention. Even a half decent one in lower grade will sell for far more than the cost of making a cast. -
Weight of William and Mary Shilling - possible fake
Rob replied to a topic in British Coin Related Discussions & Enquiries
Who did you buy it from? There are a few vendors on ebay currently selling casts but not advertising their status. 10% underweight is a likely weight for pewter (lead/tin alloy). Pure tin would be about 30% down, pure lead 20% over - both are ish numbers. -
Weight of William and Mary Shilling - possible fake
Rob replied to a topic in British Coin Related Discussions & Enquiries
Shillings should be 6g, though a couple of basis points either side should not raise any concerns. Say a range of 5.98-6.02g with the caveat that if it is no better than a washer, the weight might be below this depending on the wear. -
Any hoard coin from over 700 years ago or more with rainbow toning is extremely desirable. Maybe only 1 in 1000 come out this way, the others are variously dark or bright, but typically uniform. That is why the Edward the Confessor expanding cross penny in the last Spink sale (lot 163) made £1300 hammer. Even in the 1980's it was a £3-400 coin. Tasty.
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PCGS & CGS slabs are easier to get into compared to NGC because they have a thinner rim which you can remove with cross cut pincers. As the rim contains most of the seal, you can remove the contents without too much hassle. NGC are a bit more sturdy. The same tool works, but you do need a bigger one because you have to nibble away at the whole thickness.
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Hi Choolie, 1. You are correct in your assumption that they are high quality examples and will typically have mirror like fields, though some e.g. 1902 proofs were struck with a matt finish. The legend is typically more angular than a currency piece, though not necessarily so and edge milling tends to be sharper than that found on a regular circulated piece. They will frequently have wider rims and a sharp right angle at the edge. Some or all of these features will apply depending on the coin in question. If someone says possible proof then ignore it. If you can't tell, it isn't. And just because it has polished fields doesn't mean it is a proof. This forum gets asked the question 'proof or not?' at least once a month. Some 'proofs' have features that are not found on currency coins and so they are strictly patterns which is the term used for proofs with a design that was never adopted for the currency issues. 2. Around the late 1790's there was a desperate shortage of silver in Britain due to the demands of the Napoleonic Wars. Consequently the price of silver fluctuated wildly and little coin was struck. The 1804 five shilling dollar was struck on captured Spanish 8 reales coins and superseded the countermarked 8 reales which were first issued in 1797 current for 4/9d. The oval countermark used was a goldsmiths mark current for stamping plate at the time in question. Counterfeits quickly followed and in 1800 the octagonal countermark was introduced using the bust punch from the maundy penny. It was initially current for 5/6d as the price of silver had risen to this value. The countermarked pieces were again superseded in 1804 by the 5/- dollar which as it says was current for 5/-. These were struck for a number of years by Matthew Boulton's Soho mint, but all were dated 1804. Sometimes you can see details from the original coin and dates up to 1811 have been noted, so they must have been struck up to this time. Some of the dies were acquired by Taylor at the Soho Mint sale in 1850 and restrikes were made using the original dies, though these are not too common. There are also a few examples known of countermarked French and US coins besides the much more common Spanish and Spanish American issues. Countermarked 4 reales also exist, but although they would be nominally current for a half crown there is no documented evidence for a proclamation giving them legal tender status. 3. LXI, LXII etc refer to the regnal date i.e. the LXI refers to the 61st year of the reign, LXII the 62nd etc. This is found on the edge of the last crown issue dated 1818-20 as part of the legend DECUS ET TUTAMEN ANNO REGNI etc. Some patterns also exist from earlier years with different edge readings, but you need not concern yourself with these as they are rarely encountered.
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Scarce in terms of proof and patterns apart from those issued for the general public means perhaps 2 or 3 dozen known whereas extremely rare means less than half a dozen. It is dependant on a large extent to the number of examples in museums which by definition are off limits. If there are 12 known and 8 or 9 are in museums, the 3 or 4 available examples become extremely rare, with a quality piece maybe excessively rare. Mrs Reluctant, Mrs Rob, Mrs Peter and probably Mrs everone else seem to worry about the number of coins arriving. A common problem, so ignore it. Be happy, she is still paying attention to what you do. I explain that there are still gaps to fill in the cabinet she bought me. And when that is full I have solved the problem of the next Christmas present. :D
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Scarce, rare, extremely rare and excessively rare are somewhat nebulous qualities. Excessively rare usually means only one or two known, or at least in that grade if qualified as such. With a caveat, extremely rare will mean a handful known, very rare we are getting into double figures and scarce means that there are a decent number available, though not necessarily at that point in time. It will vary from issue to issue depending on how many people collect a series. Clearly a coin which is in absolute terms relatively plentiful, say hundreds known, will be common, but if the demand is such that collectors hold onto them, very few pieces come to market and so it becomes rare in colloquial terms if not in definition. Conversely, a coin may be known from only a dozen examples, but if the number of collectors is limited to half a dozen then the coin is common because the dealer will have difficulty in disposing of it and one will always be available. Usually, a rarity will frequently only be applicable to coins in a decent grade and by virtue of such collectable. It is the quality that will in all probability determine the rarity attribution, particularly in reference books. A good example is ESC which if the numbers are to be believed would imply such a limited quantity of known examples that obtaining one would be impossible, but new pieces are always coming to light and so nearly all unattested rarity attributions are liable to be revised downwards. Rarity attributions are most accurate for proofs and patterns where the coins were never (or rarely) circulated and so the original totals are a good indication of available examples. Currency coins were circulated, withdrawn, hoarded, melted, lost & found etc. This results in an estimate for rarity which is invariably inaccurate because it is impossible to do a proper census.
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There will be some value there, but not a huge amount. Most 20th century material is worth melt unless in mint state or close to. The post 1947 cupro-nickel, bronze and brass 3ds are almost certainly worth just scrap. The 1920-46 silver is .500 fine, so should realise about 9 or 10 times face value as bullion based on today's silver price. The later sets and proofs are impossible to quantify without a list, but common whatever they are with only the very odd exception.
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The top image reinforces my thoughts that it is an E because there is an angled feature which matches the profile of the top of the widening end on the lower bar relative to the central spur and the spacing is correct too. I can't say if it is prominent in the hand from the image, but if the colour is a reflection of the strike, then it matches.