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Prax

London Coins Catalogue Out

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They are far from consistent in their grading standards. I quite liked the attached coin in their sale, described as:

1839 No W.W. Plain edge Proof, Reverse upright, ESC 1284 nFDC with hints of green and gold toningFailed to mention the edge knock at 11 oclock though

That is worrying though ...that no mention is made of this very obvious edge knock....they cant have missed it...

Sold for £900, ouch someone might be disappointed if they never saw that knock

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The buyer won’t be as disappointed as the buyer of http://www.londoncoins.co.uk/?page=Pastresults&auc=148&searchlot=2186&searchtype=2. Keep your eyes peeled for CGS coin #0007719. I was in the auction on Saturday and was going to bid on this coin so I asked to view it. I was stunned by what I saw. The entire rim from 8 o clock to 1 o clock was flowing with verdigris (the hard kind more like the green patina that is found on metal-detected copper). I have looked at the CGS pics possibly taken during the grading process and they seem perfectly ok. The LCA pics show the reverse without problems but the obverse pic that has the verdigris has been properly masked. I am sure the buyer will ask for a refund and this coin will make a second appearance on one of their auctions soon.

2e65uko.jpg

2dsqt8g.jpg

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Itsoinds like an encapsulating problem as thisis an early UIN. Oh dear

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Itsoinds like an encapsulating problem as thisis an early UIN. Oh dear

We never dreamed such a thing could happen to an encapsulated coin! ;)

Thanks jacinbox!

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