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Peckris 2

Coin Hoarder
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Posts posted by Peckris 2


  1. 1 hour ago, copper123 said:

    This time the puffy lips and the thin  britannia.

    You would think a gram underweight was nothing , why not make it a five gram fake .

    Might as well be hung for a sheep and not a lamb

    One of the reasons for those fakes & evasions was the drastic shortage of small change - it wasn't all about making a fast buck. (Though I'm sure some of it was).

    • Haha 1

  2. 17 hours ago, Madness said:

    @Peckris 2

    Do you have any images of an over-dipped coin so that I can see an example of their appearance (dull & pale)?  Thanks!  Does this apply to all metals/alloys, or just silver?

    I learned the hard way! and haven't kept any definite examples. I don't know if this coin from Google Images HAS been dipped, but often a coin that has been dipped too much will look rather like this:

    1893CCMGPCGSF15rev.jpg.20e13513237e315ea495225e4ab6053c.jpg

    ... and yes, I'm talking about silver. Dip won't work on any other metal (it's why it's called "silver dip"!)

    • Like 1

  3. Oh dear, I have good news and bad news.

    The good news is that I bought several of these in a job lot years ago, due to the low mintage figures.

    The bad news is that they are SOMEWHERE, but god knows where and being disabled it's not going to be either quick or easy to find them. If no-one else swims to the rescue I will try to find them at some point. Or TRY to find them!


  4. 19 hours ago, Madness said:

    Notes to Self

    Hypothesis 1 - If a coin has evidence of circulation wear and is "lustrous" it will have been dipped

    As long as it isn't a weak strike. Do be aware that a coin that has been over-dipped will NOT be lustrous but will be pale, look cleaned, yet have something of a dull appearance.

    Hypothesis 2 - If a coin is identified as a scarce variant shortly after being released for circulation it will be quickly absorbed from circulation by collectors.

    Hypothesis 3 - If a coin is withdrawn from circulation by collectors shortly after being released for circulation it will be less likely to show wear than one that continued to circulate.

    True.

    Hypothesis 4 - Coins with scarce variations that require magnification to identify will be more likely to continue to circulate than scarce variants identifiable by the naked eye.  It follows that, in general, the condition of the former will be inferior to that of the latter. 

    Also true. Hence the general awareness of rare dates and die marks such as H and KN compared to the very scarce but hard to spot bun penny varieties (for example).

    Hypothesis 5 - Coins that were withdrawn from circulation by a collector are more likely to be extant than those that were not.  It follows that coins with scarce variations identifiable by the naked eye will be over-represented and skew any attempt to estimate or determine the number of coins produced by a particular die.  It is likely that coins with scarce variations identifiable under magnification will be somewhat over-represented and influence any attempted to estimate or determine the number of coins produced by a particular die.  

    Yes. However price guides are extremely slow to reflect this. It has taken literally decades for the process of reality in relation to what was scarce from circulation before D Day in 1971 to even begin to be adjusted following the Big Melt. A couple of examples : 1946 halfpennies and 1958 sixpences were first classed as 'very scarce in Unc' in the late 60s, and now at long last they are recognised as nothing of the sort.

     

     

    • Like 1

  5. 2 hours ago, secret santa said:

    Many of them have the reworked/overstruck 8 as John says which Bramah recorded as 25c. My own specimen (large date) has this plus the 1 over 1 and all numerals double struck.

    288859798_1858P1517largedatelargerosezoom2.JPG.eeead0d7f4a8649cdb7b5eb424266bbd.JPG

     

    Not double struck - I would say the whole date has been repunched. We do know from the sheer number of 1858 varieties that dies were used and re-used, most likely  to save costs ahead of a planned conversion to bronze in 1859 (postponed for a year and a half). I have that 'doubled' date but not 1 over 1. The absence of doubling anywhere else I think proves that it was a recut date purely to prolong die use.


  6. 2 hours ago, Guest guest said:

    I have used cillit-bang on some of my modern milled coins just to enhance eye appeal. I found it great for removing grime and dirt also in restoring lustre to some of the coins, it does not destroy the coin in anyway and is a scratch free cleaner. Just give it a try on a sixties cupro-nical coin and see for yourself.

    I have never used it on pennies or farthings.

    Original lustre? That's not possible. It's not a coating after all. Once gone, you can't restore it.


  7. 9 minutes ago, Sleepy said:

    I thought coins used to be issued in paper mint rolls, or is that what the banks subsequently put them in?

    Something like this.

    https://www.ebay.co.uk/itm/352339297334

    Yes, that's a roll issued by banks for use by shops etc. RM 'mint bags' were for much larger sums, for example a £5 bag of pennies or halfpennies. The banks would split the mint bags into smaller quantities and roll them up or put into cash tills. 

    In the late 60s mint bags of common coins were issued 'for investment purposes' ... which failed dismally of course!

    (That eBay seller is incredibly optimistic if they think they'll get £8 apiece for 1983 £1 coins x 20.)


  8. Am I right in thinking he doesn't have to be Charles once king? I'm thinking of his grandad who was Albert ("Bertie") and only became George on accession. Shame really - King Albert would have been a fabulous name. One of Charles' names is Arthur, and wouldn't it be great if we had a King Arthur, albeit one who talks TO plants and OF monstrous carbuncles.


  9. 6 hours ago, Ukstu said:

    I wasn't implying anything by mentioning him. What i meant is it looks like one of his strikes or a coin he's made (Dave G - Grunal Moneta). 

    The ebay sellers the crook! (Whita natal)

    Ah - I understand now. (Your original wording was ambiguous!)

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