1934 Crown

[Cammop 0]

1934 UNC Crown currently for sale (November 2012), please see here: 1934 Crown Predecimal.com

Just found this 1934 Crown amongst some other coins, I have researched it a bit, but am still not really sure what it is that I have.

I would be very thankful of any info anyone has.

Thank you!

[VickySilver 830]

Coin looks to be EF and then a bit, can not quite get myself to say GEF without it in hand. Unfortunate ding at Georgie's brow. Still this coin is every bit of 2500-3k pounds, two just closed that were the equivalent of GEF at Heritage NYINC auction for a bit under 3600 pounds yesterday (which is a slight decline over some recent prices gotten at auction). Price quoted is retail, not a dealer price offer.

[Cammop 0]

Wow,...

I had figured it would be worth something as the mintage is very low, but thats quite alot.

Had it valued by a guy today who offered me 50 pounds for it (probably because he knew I didn't know much about it), glad I hung onto it.

Thanks very much for the information!

[Gary D 76]

Wow,...

I had figured it would be worth something as the mintage is very low, but thats quite alot.

Had it valued by a guy today who offered me 50 pounds for it (probably because he knew I didn't know much about it), glad I hung onto it.

Thanks very much for the information!

Was this guy a coin dealer by any chance? Perhaps we could have a bit of name and shame here.

[Peter 615]

Call me Mr Picky but it has quite an edge knock at 6 o'clock.

Still its one of 932 and sought after.

Maybe Chris could offer some advice because I know a lot of these have passed through his hands.

I also would be interested in the dealers name.

[Cammop 0]

Unless you live in Australia, I don't think you really need to worry about the name, which I can't remember anyways.

Rest assured I won't be going back there.

He also valued another coin which I'll put up here, for some more reliable help it seems. Actually, I won't as it's an Aussie coin...

[Chris Perkins 228]

Yes, I've dealt with a lot of 1934 crowns over the last couple of years. In fact I have another (slightly better one on offer on the website at the moment).

If you can get it to me (either to my UK or German address) then I will make sure you get a fair price for it. I suspect in the region of £2500 to £3000, depending on how it is in the flesh. With higher value coins like this, the dealers offers are usually pretty good because they often have people in mind for them, and therefore don't (or shouldn't) offer the usual 50-60% of the final selling price.

I also have a friend in Australia, so payment wouldn't be a problem. In the past he has sent AU$ cheques for me.

cp@predecimal.com

[VickySilver 830]

Yes, I did forget to mention the rim ding, but as Chris said, that should be the number with the usual caveat of seeing it in hand. A shame that someone could look you straight in the face and offer such a ridiculously low amount. Krause is always a good starting point to get at least some relative idea.

Not meaning to pirate the posting, but Spink seems a bit enthusiastic on some of the pricing of 19th and 20th C. milled but have yet to see it in its entirety.

[Peckris 579]

I'd place it at actually less than EF though not by much. And it's a bit of a quibble anyway as this is a truly scarce coin, much in demand, whose value has increased in leaps and bounds over the years. Lucky you to find it!

[Cammop 0]

I am very interested in selling this coin, but am a little skeptical as I have been burned selling stamps in a similar fashion.

Would higher resolution photos be of any help?

[VickySilver 830]

I am very interested in selling this coin, but am a little skeptical as I have been burned selling stamps in a similar fashion.

Would higher resolution photos be of any help?

Well, I think Chris has shown himself to be a reliable person. Me, you would not know, and this would be true of other board members even though I suspect most would be quite reliable and respectable. I am NOT in the market for such as I have two superior specimens, one a proof from Spink from many years past.

If Peckris thinks this not EF then I had better look at his coins for sale because that would be very high standard true "old school" grading like I have seen in the old Glens and Baldwin catalogues.

If you need the sale, IMO he (Chris) would not be a bad place to go though you could shoot Spink a line or perhaps even Northeast Coin in the USA (www.northeastcoin.com) as they seem to be enthusiastic buyers of later milled bits and I have never heard a complaint with them. Have you asked Noble there in Aussieland?

[Cammop 0]

Haven't really looked around at all for buyers as I'm still very new to it all.

Who or what is this Noble you speak of? Being in Aust. it would be much easier to deal here.

[Red Riley 2]

Haven't really looked around at all for buyers as I'm still very new to it all.

Who or what is this Noble you speak of? Being in Aust. it would be much easier to deal here.

You have a fair idea of what it's worth now, so should give you all the armoury you need to deal with potential buyers whether here or in Aus. My gut feel says that you might get a higher price from a UK based dealer as they have much closer access to a ready market, but that's all it is, gut feel.

One thing however does need to be said and that is that there are very many Chinese sourced counterfeits out there, particularly of UK and US coins. I have however never seen a forged wreath crown, but have no doubt that they do exist.

For the record I would grade the coin at NEF.

[Peckris 579]

For the record I would grade the coin at NEF.

My thought also.

For the record, I couldn't afford a 1934 Crown but I do hope you get the proper price for yours. (I'll settle with my 1928, 1931, and 1927 proof ).

[Cammop 0]

Thank you for all the help and info you have given me,

All I have to do now is decide on whether or not it's worth keeping it.

[Peter 615]

Put it on Ebay at 99p start and it will probably reach its mark (include US Ebay) or sell it to someone like Chris who will obviously want to make a mark up....but will have contacts and is 100% safe in dealing with and I'm sure would give you a fair price.

However it will never depreciate because of its rarity.

Personally I would prefer 2 weeks on a Greek Island with Mrs Peter.....

You've got a nice decision....I do hope we've helped.

[Chris Perkins 228]

The last one I bought came from Canada actually (not the one currently on the website). I also think there's more of a chance of getting a better price in the UK for it. It's not a normal coin, and I'm always happy to pay 'all the money' for 1934 crowns because I know I can usually make a couple of hundred on it relatively quickly. Ebay is also an idea, but if you only have 20 feedback and then offer a £2000+ coin, who's going to really bid high and take a chance?

I won't be miffed whatever you do with it.

[Cammop 0]

Ebay is certainly out of the option for me as I have never sold anything on there before, an avid buyer but not a seller.

You have all been of much help to me on this and I am very thankful to you.

Am still very glad I didn't make the mistake of selling it for the original price I was offered.

[Cammop 0]

Well, I have thought about it and I am rather keen to sell it and as Noble here in Aus haven't gotten back to me at all, if you are still interested Chris I would like to know how I would go about selling to you?

[Hussulo 6]

My only concern would be is it genuine? It looks good but the toning doesn't look quite right to me, although this could be the picture. With the recent amount of better copies coming out of China I would be cautious.

Do you have a set of digital scales? have you weighed it?

If it is genuine the unnamed dealers offer was a joke.

[Gary D 76]

My only concern would be is it genuine? It looks good but the toning doesn't look quite right to me, although this could be the picture. With the recent amount of better copies coming out of China I would be cautious.

Do you have a set of digital scales? have you weighed it?

If it is genuine the unnamed dealers offer was a joke.

I seem to recall a rumour of a fake coming out of Singapore and I would suggest any fakes will be recent. Is there any provinance with the coin, been in the family for 20-30 years, that sort of thing.

Gary

[Cammop 0]

I have personally had the coin for about 13/14 years and I think it was given to me in a jar of coins by my grandfather, so I assume he had them for a while.

I'll have to weigh it, there are some scales lying around somewhere.

[Chris Perkins 228]

I've seen Wreaths with toning like that before.

What are the local choices for sending it to a UK address Cammop? The first step is to find a reliable firm (UPS, DHL etc) to get it to me.

[Peter 615]

Try Chris...I'm on no commission but we've put up with each other for over 5 years....I will give him more trade in fact if I plop my clogs early the family are aware of him and Colincooke(RIP).

SIMPLES.

[Peter 615]

Chris...Please don't wish me dead.....My silver collection will pay for a round the world cruise....the copper collection (excluding farthings) a Med cruise & my farthings are going to a future grandson (not too quickly I hope) & my gold on loose.........