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Peckris

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Posts posted by Peckris


  1. I think the 700,000 figure is for coins issued into circulation. If you look at the figures the Royal Mints quotes on its web site for other years where none were issued into circulation then they don't quote a figure even if a hundred thousand or more were issued in uncirculated sets.

    Anyway the rarest decimal coin issued into circulation is the 1992-3 Single Market 50p with just 109,000 coins. When available on ebay they trade for £15-20 each, so you don't want to be fooled by one out of an uncirculated set. I suppose its a rare case of a VF being worth more than a BU.

    I don't understand the logic here at all. If a coin is scarce, it's scarce - doesn't matter whether it comes from circulation or a set. If it mattered that much I could buy a few sets up, extract the 50p's, carry them around in my pocket for a few months, and there's your currency coin. Note that the 1985 50p is only worth £5 in Spink and £2 in CCGB; and that's a scarce coin too. In fact, CCGB lists the 1993 50p at £5, which is long way from £20 (but I suppose there are lots of mugs on eBay).


  2. Really. It works for me, I'm going to try after writing this.

    (And I wrote this using the Edit)

    What does it do exactly? Does it let you ammend text and then not submit it?

    Yes, that's exactly it, Chris. I've tried both types of edit, equally unsuccessfully. When I click the relevant button to confirm my text amendments, a "loading" symbol briefly appears, then nothing.

    Yes - that's what happens to me too, so I gave up with it. I'm using Safari 3 by the way, running OS X Tiger. (I'm prepared to make a small wager that your web designers don't bother testing for Safari :( )


  3. hello everyone

    i have just purchased a sixpence in a very high grade but on reciept i have noticed there is a dent at about 5 o clock

    would this devalue the coin greatly, im a little miffed that the seller did not describe this obvious dent

    thanks again

    the dent is located at 5 oclock between FID as you can see the photos didnt bring this raised dent out

    It looks like a very small edge knock just after FID, but that's not what you meant I think? You mean an actual dent in the flan itself that shows up when you turn the coin and look at it edge-on, or as a depression on the reverse? If you could get pictures of the edge / reverse it might show more clearly.

    In any case, if it's a dent as opposed to an EK, that would be more serious, and I would be thinking about returning the coin to the seller and asking for a refund. Late Victorian silver isn't rare and you should be able to find a replacement without difficulty.


  4. In the introduction to the decimal section in Coin Yearbook (2005, it's OK Chris I've never bought it since :)) they say that since 1984 the coins in BU sets were made by the proof coin division instead of the coin production room and that they are readily differentiated from normal circulating coins.

    I'm sure that's right, but it's also true that once a coin is out of the set, it can 'degrade' quite quickly to the appearance of ordinary BU currency (unlike real proofs). I've had coins pass through my hands that came from sets (i.e. 'set only' dates), yet were quite impossible to tell apart from a 'normal' coin.


  5. I've got a 66 florin which has the entire left hand side legend missing. The Queen is properly struck and the reverse is fine. It's bizaar.

    I've heard one theory that it is due to grease blocking the die detail. This will not compress when the die is used if an airtight seal is formed and so the design is either non-existent or only weakly struck up. I have a few pieces like this.

    Interesting. In which case, the error either survived only for a single strike and was missed by inspectors, or maybe there are more of each out there somewhere. As I say - it is ironic that if there were a number of identical coins they would have a high rarity value, but singletons do not. Though I think there was a time that unique misstrikes would fetch decent(ish) sums at the right auctions (maybe into 3 figures sometimes?).


  6. post-4737-1247500322_thumb.jpgpost-4737-1247500020_thumb.jpg[attachmen

    t=1867:1964_6d_close_up.jpg]

    Here's an interesting one. I suppose it counts as a misstrike more than a variety as such, which is an irony : if it was the only 1964 sixpence it would be worth tens of thousands of pounds; but something like this needs company - e.g. 99 similar examples - to be worth anything much.

    Anyway, here it is. A 1964 sixpence whose obverse legend reads "DEI GRAT A" probably due to a filled die. If anyone out there knows of one or two more like this I would be thrilled ... B)

    post-4737-1247500372_thumb.jpg


  7. If as suggested there could be 200,000 of these in circulation I would expect the price will drop to between £20 to £40 as similar to the 1950 & 51 1d which had mintatages of 120,000 & 240,000.

    There are plenty of mugs out there.

    Good point - let's not forget that the 1950 and 1951 pennies were probably the most over-hyped "rarities" of the 60s. I had a look back at 1970 prices for them, and they have no way kept pace with inflation. In fact they are currently not even double the 1970 prices. I predict the 20p will go the same way, only even quicker :lol:


  8. The only problem being is that they are not ordinary uncirculated coins. They're highly polished, which unfortunately kind of sets them apart. Although maybe not as much as a proof would.

    I'm not sure that's entirely valid - if it's not a proof then by definition it's a currency (albeit 'specimen'). However, I would take the "highly polished" with a pinch of salt myself. I think that's the Royal Mint selling to complete lay people who would be more impressed with the phrase "highly polished" than "brilliant uncirculated". They wouldn't actually be polished or they couldn't sell any sets to genuine collectors. And don't forget that brand newly minted coins in change these days often have a highly mirrored finish, in contrast to the (to my mind superior) 'satin' finish you got in the late 60s.

    I think if you broke up a Baby set and stored the coins separately, no-one would be any the wiser in years to come. It's like the 1985 50p - no-one cares if it's from the set, or a genuine currency coin. They're all scarce.


  9. Thanks guys. Any tips on assessing if it's a fake?

    It's unlikely to be a fake as a faker wouldn't miss off something so obvious as a milled edge. As its weight checks out, it may be a coin struck on the wrong blank, or else something went wrong with the collar during striking and it got overlooked by inspectors. (Guesswork really - do you have a picture?)


  10. I watched 11 listings for genuine undated 20p's in 'My ebay' that finished between 30th June and 5th July; the average of the winning bids was £281.

    I did the same for 13 listings finishing today, the average of the winning bids was £162.

    Two listings that finished at £1550 and £4700(?!) earlier in the week were relisted, the first selling for £180, the second for £215.

    Oh dear! its falling apart.

    There was one yesterday (I kid you not), with a Buy It Now price of £1,200,000.00 - I made a Best Offer of 99p but for some reason it was refused :lol:

    The listing also contained such spiel as "the coin may be viewed at my solicitors, viewing by arrangement" and "you may meet me to pay and exchange for the coin at my solicitors"


  11. Look at this - a perfectly standard 'undated obverse' QEII 20p. BUY IT NOW for only £1.50 !!

    Note this (LMAO) : I HAVE A LOT OF THESE, MY COINS ARE GUARANTEED NO DATE ON QUEENS HEAD OR I WILL REFUND

    (Oh boy, I've news for him, I have loads of these too, wonder if I can undercut him by selling them for £1 each? :P )

    Apparently (LOLOLOLOL) ... SIMILAR COINS TO THIS EVIDENDTLY HAVE RECENTLY REACHED A STAGGERING £7200 IN AUCTION ON EBAY

    Oh please, stop it, my sides are aching : IM NO COIN COLLECTER BUT

    You want the link? Ok, here is a public health warning - don't be drinking hot coffee at your computer terminal when viewing this ...

    http://cgi.ebay.co.uk/UNDATED-20P-COIN-YES...-ON-QUEENS-HEAD


  12. the dates on early bronze was frequently all over the place, and looking at the picture in Freeman, it appears that the slight slant may be normal for the issue.

    Broadly speaking, coins minted from dies where a number has been re-cut over the same number, are not regarded as major, or in most cases even minor varieties but there is no hard and fast definition of what constitutes a variety, so if you want it to be one, then it is! Unlikely however that it will ever be worth much more than normal.

    I agree. Those early bronzes contain so many date and even legend curiosities - different size, spaced and slant of dates, broken or half missing letters ... just keeping tabs on genuine (i.e. deliberate) varieties is difficult enough, but when you add failing dies and punches, well most people give up!


  13. Thanks for all the good advice you lot gave about our mule 20p I am now after more advice! my 10 yr old went to a car boot sale at the weekend and came home with what he thinks is a very rare coin and a few old pennies. He now wants to start collecting old coins so it would be helpful if I could buy him a book that would help him with his new hobby! Can anyone recommend a good book for a beginer in coin collecting. Thanks again.

    Anna

    My own experience was of beginning with a coin magazine (the late lamented Coin Monthly) - maybe a periodical subscription would be the best way to start? My other thought is the famous Year Book (a title now owned by the Coin News publishers, I think? with the famous "Blue Pages" - no, nothing to worry about! :lol: - and started by Coin Monthly in the 1960s). There are other "Introduction to..." books, but they are usually too wide-ranging, skating in brief detail over a lot of subjects which the average 10 yr old might not be entirely interested in.


  14. The 1948 comes in both sharp and rounded which is why I'd not looked any further with the 1949. I obviously did not looked at Peck close enough to see that the 1949 had reverted to the round edge type.

    Something I have wondered about is, do the proofs have rounded or sharp edges as this would be an expanation as to why some years have both types .

    Gary

    I just had a look at Peck - he says :

    "In practice the Royal Mint found that the life of the dodecagonal collar was shortened unduly by the development of cracks in its sharp corners. During the early years of the War, when the quantity and quality of steel suitable for die making were on the decline, the corners of these collars were made more rounded, and this resulted in a substantial increase in the effective life of the collars."

    The shorter life sharp edge collars were therefore introduced for the last part of striking 1948s. With only a low run of 1949s projected, they must have thought a longer life round edge collar would suffice - it clearly didn't, and they must have needed a sharp edge collar (or more?) to complete the run.

    Interestingly though, Peck doesn't record the 1949 rounded edge, as he doesn't note any edge change after the 1948 sharp edge.


  15. I think we're talking more about the outer edge, as opposed to the internal angles. As I said earlier, and like you, I'd never heard of a sharp cornered '49 until I read about, and saw, on here. I wonder what proportion of the 464,000 were sharp cornered.

    It makes sense that some would be when you think about it, as 1948 were all sharp cornered, as were 1950 to 52, and henceforth after that.

    I'm not sure precisely how the brass 3d was minted. Was the collar for the dodecahedral edge separate? If so, if might be that - with only a small mintage required for the Colonies - they decided to re-use a rounded edge collar from an earlier year just to get the most out of it and save cost. Then turned to a sharp edge when the rounded edge was finished.

    If Bob's count holds up, we can deduce that they got pretty good use out of that old collar :)


  16. You have to understand one thing very clearly - ALL coin catalogues are inaccurate with respect to mintages, and have been since 1971. There is no reason why the 1926 penny should be any harder to find than any first series penny. If anything, they should be easier, as everyone looked out for them from 1967 to 1971 and saved them, which no-one bothered to do for the "common" dates. (Ditto for 1922, 1932).

    What keeps these so-called 'scarce dates' valuable is that the coin-buying public still buys into the scarcity myth - no doubt fed by mintage figures which have absolutely no relation to any reality post-1971. In fact, I wish someone would undertake a widespread survey to establish just what is the precise relative scarcity of one date to another.

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