1963 proof penny

[argentumandcoins 70]

RChris, you have been warned!

Well & truly and I'm very grateful for all your input. Shows how a novice can be fleeced I suppose. But that's why I asked....

John Argentum asks why would I want it? Because it's what I like/collect/am interested in - why else? As you say - each to his own.

Anything wrong with that? I don't collect proof or pattern Soho types or Moore patterns or even Victorian pennies so why should I look for one just because you think I should? I can't be happier with something that doesn't float my boat. I just saw this (so called) 1963 proof and as it's relevant to what interests me and what I collect, I thought I'd enquire about it. And also why I asked my peers - because I wanted to know if I was doing the right thing or not and as it turns out, (obviously) not. So mission accomplished for me.

Anyway, an FYI for all, this is the dealer concerned.

http://stores.ebay.co.uk/THE-BAY-PEDDLER/3-British-Coins-/_i.html?_fsub=12784226&_sid=214798585&_trksid=p4634.c0.m322

Well that's me fairly and squarely put in my place!

I don't think you should collect anything, I merely tried to offer some alternatives (none of which I stock, so no ulterior motive) in the same price and rarity range to somebody who is new to the hobby. Apologies if you feel it was an attempt to pressure/bully/cajole you into doing something that you do not have any interest in.

[Peckris 579]

RChris, you have been warned!

Well & truly and I'm very grateful for all your input. Shows how a novice can be fleeced I suppose. But that's why I asked....

John Argentum asks why would I want it? Because it's what I like/collect/am interested in - why else? As you say - each to his own.

Anything wrong with that? I don't collect proof or pattern Soho types or Moore patterns or even Victorian pennies so why should I look for one just because you think I should? I can't be happier with something that doesn't float my boat. I just saw this (so called) 1963 proof and as it's relevant to what interests me and what I collect, I thought I'd enquire about it. And also why I asked my peers - because I wanted to know if I was doing the right thing or not and as it turns out, (obviously) not. So mission accomplished for me.

Anyway, an FYI for all, this is the dealer concerned.

http://stores.ebay.co.uk/THE-BAY-PEDDLER/3-British-Coins-/_i.html?_fsub=12784226&_sid=214798585&_trksid=p4634.c0.m322

Nothing wrong with that. It's just that a proof should stand out. Rarity alone is not relevant in this case, as the example you are looking at doesn't look any different from a currency specimen.

As for that dealer - over £1000 for a GEF 1797 penny ... !!

[RChris 3]

Nothing wrong with that. It's just that a proof should stand out. Rarity alone is not relevant in this case, as the example you are looking at doesn't look any different from a currency specimen.

As for that dealer - over £1000 for a GEF 1797 penny ... !!

Thanks - I get it....I'm not going to buy it, obviously. I'm learning as I go.

No doubt I'll be back for more advice soon.

[azda 979]

RChris, you have been warned!

Well & truly and I'm very grateful for all your input. Shows how a novice can be fleeced I suppose. But that's why I asked....

John Argentum asks why would I want it? Because it's what I like/collect/am interested in - why else? As you say - each to his own.

Anything wrong with that? I don't collect proof or pattern Soho types or Moore patterns or even Victorian pennies so why should I look for one just because you think I should? I can't be happier with something that doesn't float my boat. I just saw this (so called) 1963 proof and as it's relevant to what interests me and what I collect, I thought I'd enquire about it. And also why I asked my peers - because I wanted to know if I was doing the right thing or not and as it turns out, (obviously) not. So mission accomplished for me.

Anyway, an FYI for all, this is the dealer concerned.

http://stores.ebay.c...d=p4634.c0.m322

Nothing wrong with that. It's just that a proof should stand out. Rarity alone is not relevant in this case, as the example you are looking at doesn't look any different from a currency specimen.

As for that dealer - over £1000 for a GEF 1797 penny ... !!

All the American Dealers take Spink and Krause as their Prices, here's another for you

http://www.ebay.co.u...=item35c90b5f67

[RLC35 288]

A couple of the photos are promising (others are not) but, unless I was able to actually see the coin, I'd want some independent verification of it being a proof. Even then, I'd probably want a second opinion. How about offering £1,500 on the basis of it being slabbed as a proof by CGS? Or getting an independent report by, say, Mark Rasmussen? For a genuine proof, that's a fair price though.

As an aside, for a £1,500 (asking) coin its getting some rough handling by these so called experts!

Asking for slabbing included is a good idea. It's $1500 USD if that makes it any better.....

Chris, The Bay Peddler is always "way" overpriced on his coins, though he does have some scarce coins. Your best bet with him, is to ID a variety that he hasn't noted in his description. He isn't up to date on varieties. I once found a GEF 1880, 8 over 8, on his site priced at $80.00!!!!!!!

[RChris 3]

Chris, The Bay Peddler is always "way" overpriced on his coins, though he does have some scarce coins. Your best bet with him, is to ID a variety that he hasn't noted in his description. He isn't up to date on varieties. I once found a GEF 1880, 8 over 8, on his site priced at $80.00!!!!!!!

Thanks for the heads up Bob.

[TomGoodheart 400]

Good learning experience Chris. Personally I'd stick to UK based dealers who have better photographs, but that's just me.

And for reference, this is an Austrlian 1963 Proof penny, showing the sort of quality I'd expect and that people pay the extra for. I couldn't find a British one, but you hopefully get the idea.

[RLC35 288]

Good learning experience Chris. Personally I'd stick to UK based dealers who have better photographs, but that's just me.

And for reference, this is an Austrlian 1963 Proof penny, showing the sort of quality I'd expect and that people pay the extra for. I couldn't find a British one, but you hopefully get the idea.

Good advice Tom...BTW, nice coin!