Accumulator

I'll answer my own post then..... .......reason I ask is I bid £2250 on the 1919KN (at the £1-2K estimate I think it was) and thought I was sure to get it. When I last mentioned the LC example on offer at £3250 in another thread, most thought it well over priced......so is this the way prices are going for top grade pennies? Certainly the LC coin looks nice, but it's been sitting around for a while (at least a year) which would leave me slightly suspicious that that it doesn't view quite so well in hand. Surprising they don't put it in one of their own auctions, as it's a fair amount of money to be tied up for so long.

They're in his book, which I have here, but not on his site (as far as I can see). The book's well worth buying though, I agree!

The logical conclusion from that is, if you regard coin collecting as an investment and are particularly concerned to see a "big profit" on your investment, then slab when you are ready to sell and not before. If that time is decades off, and slabbing has gone out of fashion by then, you won't be making any expensive mistakes. That makes complete sense. I have no intention of slabbing my coins for my own benefit, but would certainly consider this if I was planning to dispose of the entire collection (I'm not). Virtually all Heritage's coins are sold in slabs which, from their point of view, passes a good deal of the responsibility for grading, attribution, condition etc. to a third party and must significantly reduce their liability. Moderators: If possible, could we move this thread to the new TPG discussion area?

I completely agree with the above. On the basis that a picture paints a 1000 words, here's an 'open 3' (on the right), compared with a normal 3.

I have a VIP 1949 penny and have a seen a few others around. The 1960's VIP coins seem the hardest to find.

Just got to my desk and checked St. James. Luckily I missed the only three pennies as I've spent way too much recently! How did you see the price of the Henry VIII sovereign, Rob? The Salesroom just states 'not available for on line bidding' and gives no selling price. I was listening, as I had a list of 4 possibles. Got one. Of course... I forgot about the audio! Glad you picked up something. Some stunning coins in the sale.

It floats my boat! I understood that production of VIP proofs is generally a separate activity from the minting of coins for circulation to the public (whether as currency or proof sets). I could be wrong though. I don't know about 1953 but, based on the appearance of coins in auctions and elsewhere over the years, I'd assume that no more than around 10-20 sets were produced each year. I would expect 1953 to be the same. They are desirable because of their mule status, but probably about as numerous as VIP proofs for other years.

No sorry if that's how it reads. The value as is now £110. My point was it should not make a difference to customer service whether the coin is worth X amount, but they have missed out on my future dealings as it could of totalled to the £1000's. No problem Lee. Just wanted to make sure as we've all seen mules listed on eBay for ludicrous four figure sums. I sat in the room at London Coins auction last Sunday and watched about ten of them pass across the block at £35-80 a time (dependent upon grade), so that's about the value right now. I do share your frustration at CGS. They really need to take their business seriously or they're just going to be sidelined.

Welcome to the forum. Unfortunately Bill Pugsley hasn't visited for a while. I've never used CGS but I'm sure you'll get a few useful responses from other members. I can understand why you're frustrated, based on what you have said and on the photos, but feel I should point out that a 20p mule isn't a £5,000 - £6,000 coin (if that's what you meant), but worth around £40 - £60. This shouldn't make any difference to the service you receive, but it's important that you aren't mis-led about its value.

Just got to my desk and checked St. James. Luckily I missed the only three pennies as I've spent way too much recently! How did you see the price of the Henry VIII sovereign, Rob? The Salesroom just states 'not available for on line bidding' and gives no selling price.

The 1864 penny in BU is arguably as rare as the 1922 penny. It's often acknowledged to be the rarest bun to find in top grade. I would probably accept that BU examples of the 1864 are as rare as ANY examples of the 1922.

The 1953 mule is the second one sold in a year (the previous through DNW), so they are around. The problem seems to be in identifying the VIP sets at a glance, based on the style of the case or the even number of coins. The DNW set was 9 coins in a red case, while the London Coins set was 10 coins in a green case! The 1922 penny 192A is far rarer than the 1864 crosslet. Remember that not a single example turned up in VR Court's sample of 675,000 pennies. Crosslets aren't uncommon, though much rarer in top grade and certainly available at a price!

Welcome to the forum! I don't collect these coins, but it's always good to hear from new members.

Some beautiful coins in the sale. The Reddite Crown for example….. !

Welcome Tom!

Thanks for the heads-up. Can't believe they haven't updated all of their homepage though. It still advertises a preview of their last auction in October 2013!

Welcome to the forum!

I was at London Coins today, Dave, but only made a note of penny prices. The biggy was the F-192A, 1922 rev 1927 which hit £3,800 + commission. Nice to meet Derek Allen for the first time!

I'll probably put that into LC next time as somebody would want it. At around 3p it hasn't broken the bank, so no rush to cover costs.. You should do well in LC, I would say £300 minimum, which is 10,000% profit!

I may be interested in the F164A, if its significantly better than my existing example and you're putting it on your site? Though my wallet's rather empty after buying the Moore pennies this week!

Well done with the F164A! These are a lot rarer.

The best reference for relative scarcity would be VR Court, but this does contradict our own collective thoughts. For 1913 (11,000 coins searched), he has: 1 + A (F-174) 22% 1 + B (F-175) 2.6% 2 + A (F-176) 1.4% 2 + B (F-177) 74% So I guess around F-176 prices, for which London Coins have a few past sales. Eg. £150 in GEF last year.

We were discussing this same subject a few days ago in another thread, saying how much rarer the F-175 seemed than the other mule, F-176. I have one in F condition but hadn't put it on my website as I expected an EF+ example to turn up. I've never found one! Value would have to be a guess, based on the F-176, plus a bit. Do you have one Rob, and in what condition?

Now you mention it, with the photo enlarged, it is possible to make out the digits. It must surely be identifiable in hand?

Given the level of wear, I'm surprised it's not still possible to read the date in hand. The photo is just too blurred to help, but surely something is evident under the truncation? There's no other way to tell the three Wm IV pennies apart otherwise.