Farthing hoard.

[Coppers 58]

Jon...here's where having a copy of Peck would come in handy....

Date/Denomination/Peck No.

1857 Penny P1968

1857 Halfpenny P1973

1857 Five Cents P1974

1857 Two Cents P1975

1857 One Cent P1976

1857 Halfpenny P1977

1857 Farthing P1978

1859/7 Penny P1980

1859 Halfpenny P1981

1859 Penny P1994

1859 Halfpenny P2000

------ Halfpenny P2002

------ One Cent P2005

1859 Penny? P2013

1859 Halfpenny? P2020

1859 Penny? P2020

1859 Farthing P2023

1859 Twopence P2029

1859 Penny P2031

1859 Penny P2034

1859 Penny P2035

1859 Halfpenny P2036

1859 Halfpenny P2037

[Half Penny Jon 0]

That is a very formidable collection you have there coppers! How long have you been collecting pre-1860 patterns?

[Coppers 58]

Jon....I've been collecting British coins since the late 1990s. It's a welcome change from what I see here in the US, where the prevailing view is that there are 11 grades of mint state and that, for example, an MS 66 is worth many multiples of the same variety designated an MS 65. Thank goodness the collectors and dealers in the UK appear to have more sense than we do in this regard.

[Half Penny Jon 0]

I am glad that we don't share the same grading system because I don't think slabbing and grading would go down well here in the U.K both with collectors and dealers.

[william 0]

I am glad that we don't share the same grading system because I don't think slabbing and grading would go down well here in the U.K both with collectors and dealers.

..and I don't think our grading would go down well in the US!

[Coppers 58]

Slabbing became popular here in the US because of the tendency of many of our dealers to overgrade and the inability of many collectors to figure out the grade for themselves. Now because a supposedly neutral slabbing service assigns the grade to coins, collectors seem all too willing to believe its opinion over their own eyes. The entire situation reminds me of a Hans Christian Anderson story called the Emperor's New Clothes.

[Sylvester 15]

I got a coin bag a bit like the one in the auction. Nothing nearly as exciting in it. Only £2 coins.

[Half Penny Jon 0]

How much do you think it will sell for in the end?

[Coppers 58]

Where did you come across your coin bag, Sylvester? Is there anything prnted on it?

[Sylvester 15]

Where did you come across your coin bag, Sylvester? Is there anything prnted on it?

Nothing printed on it, but i inherited two of them, both full of nasty predecimal coins (and an 1816 large cent in Fair), by nasty i mean poor, battered, well circulated condition many with verdigris. (No silver either!)

One coin bag i don't use cos that was full of the verdigried ones... and i wonder if i put anything else in there will that go green too?

The other is fine though, and used to hold my US silver coins, until i got too many for it to hold, so they went in the Silver Jar and the £2 coins got allocated into the bag instead. Looks just like the one in the auction but without anything printed on it.

[Emperor Oli 0]

I've found old Post Office bags at the side of roads before. They scrub up quite nicely but I have no idea what to do with them!

[Half Penny Jon 0]

I wonder why they were dumped at the side of roads................

[Emperor Oli 0]

Probably a robbery because we have tons of authentic 17th century highwaymen around these parts

[Half Penny Jon 0]

How much do you think the farthing hoard will sell for in the end?

[Master Jmd 80]

How much do you think the farthing hoard will sell for in the end?

i would spend the £74.50 that i have saved up for it...but my estimate would be somewhere around £200 - £400!

[Half Penny Jon 0]

Really that low! That is only £2-£4 per coin!

[Emperor Oli 0]

I can't see it going past £400 really. It should go for round about £700 but I can't see it happening.

[Half Penny Jon 0]

Why not? Even though their value will either be frozen or go down over the next five years or so due to this 'new discovery' of high grade farhtings.

[Emperor Oli 0]

Because I cannot see the bidding increase 15-fold in four days

[Chris Perkins 228]

Because anyone buying them will have to bear in mind that even when selling individual coins, it will take a while to get the initial investment back. They are like a long term investment, and only if you have the means to sell them individually at a respectable rate. I don't think that a 'discovery' of 99 BU (if they are all BU) farthings will affect the prices much of 1886 BU farthings, considering it isn't a rare year.

I'll certainly be keeping an eye on them. It's a lot of cash, but I'm younger than other coin dealers so hopefully I'll have time to get it back!

[Half Penny Jon 0]

Do you think they could all be sold within 5 years?

[Chris Perkins 228]

If I really wanted to, and perhaps put them on ebay at bargain prices.

[Master Jmd 80]

oh well, gone past my £74.50 target

[Half Penny Jon 0]

Never mind Master JMD, maybe another will come onto the market in the next 5 years or so.

[kuhli 0]

Closing in less than 24 hours, and still less than £1 each. Wonder if the buyer plans on selling a few quickly to recoup his original investment?? Would love to have one, but can't afford to buy the whole lot.