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Coin aquisition of the week.......

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6 hours ago, Sword said:

I haven't got the coin in hand yet, but I think the grade is a little below EF? But the strike and general appearance is decent. One needs to wait a long time to get a top example and the price could be excessive when it finally turns up. 

PS It looks like  a Coin King photo.

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And I am of the opinion with the usual caveats that the coin in photo is actually uncirculated with but a few bag marks but is struck rather poorly on the obverse as is so often the occasion with coins of this vintage - if it were wear and not strike it would have a different appearance on the rims and fields to obverse and would show wear to the reverse.

From point of detail the coin is the equivalent of gVF as they used to say (IMHO), but I am contending that it is soft strike and not wear. Also, planchet prep or lack thereof is then not really struck out in areas of low striking metal flow such as hair, mustache, brow, etc.

Probably will get lynched for this opinion, but will stick to it.

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Coin acquisition? What's that? (Hi again all). I have to say , I'm struggling to find anything worth buying. Last purchase (apart from a cheap Great Recoinage piece) was back in March*. I've branched out a little to Charles I associated medals/ medallions, but even there it just feels as if everyone is holding onto the nicer pieces. Which admittedly, is what I'm also doing!

* Attached here. Late Tower shilling of Charles I (of course) Spink 2804, Sharp H3/2.

large.1796295016_Spink2804SharpH3_2(smallxii)(2).jpg.1fb0e45bdfb0e9e630c8f4a2e9353674.jpg

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Yes, isn't that so for all of us (well most anyway). I "found" an 1853 proof groat in a pile of lesser foreign material - those lil buggers so easy to lose track of, even when in holder!

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21 hours ago, VickySilver said:

And I am of the opinion with the usual caveats that the coin in photo is actually uncirculated with but a few bag marks but is struck rather poorly on the obverse as is so often the occasion with coins of this vintage - if it were wear and not strike it would have a different appearance on the rims and fields to obverse and would show wear to the reverse.

From point of detail the coin is the equivalent of gVF as they used to say (IMHO), but I am contending that it is soft strike and not wear. Also, planchet prep or lack thereof is then not really struck out in areas of low striking metal flow such as hair, mustache, brow, etc.

Probably will get lynched for this opinion, but will stick to it.

I think it's EF. The weak strikes didn't really occur until the huge increase in mintage from 1914 onwards, caused by the inflation of WW1.

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Posted (edited)
15 hours ago, VickySilver said:

I "found" an 1853 proof groat in a pile of lesser foreign material

Please can you post a picture of rev and obv ideally - I have been looking at 1853 groats research-wise for quite a while. Thanks!

Edited by Martinminerva

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Posted (edited)

Please do send me an email as I am terrible at posting and the detail even when I can is atrocious.

And I still stand by my assessment of the G5 half crown. An EF coin would have far more "hits" and damage obvious on a blowup such as shown & don't see ought besides soft strike in the central device (George bust) as the fields and all-important aforementioned edges/rims.

Edited by VickySilver
clarity

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4 hours ago, Martinminerva said:

Please can you post a picture of rev and obv ideally - I have been looking at 1853 groats research-wise for quite a while. Thanks!

For your 1853 groat research, there are three different proofs in the Verene collection being auctioned by Nobles https://www.noble.com.au/auctions/search?sale=130

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Wow, there are some beautiful coins there! Can't seem to find the rest of the auction as the moment though.....

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3 hours ago, VickySilver said:

Please do send me an email as I am terrible at posting and the detail even when I can is atrocious.

PM sent to you - very many thanks!

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3 hours ago, VickySilver said:

And I still stand by my assessment of the G5 half crown. An EF coin would have far more "hits" and damage obvious on a blowup such as shown & don't see ought besides soft strike in the central device (George bust) as the fields and all-important aforementioned edges/rims.

My case would be the following:

The top of the ear and tip of moustache on the obverse, and the letters I of HONI, S of SOIT, and P of PENSE on the reverse , which all show signs of flattening through slight wear.

But I do take your point about magnified images..

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3 hours ago, shagreen said:

For your 1853 groat research, there are three different proofs in the Verene collection being auctioned by Nobles https://www.noble.com.au/auctions/search?sale=130

Some really nice stuff in there. Very interesting to come across an auction where all the coins are proofs.

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A great shame it is going through Noble, as the knowledge I will only ever win something at my maximum bid means I gave up on them years ago. I don't know anyone personally, but has anyone else ever won something at a price below their commission  limit?

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On 6/20/2022 at 3:57 PM, TomGoodheart said:

Coin acquisition? What's that? (Hi again all). I have to say , I'm struggling to find anything worth buying. Last purchase (apart from a cheap Great Recoinage piece) was back in March*. I've branched out a little to Charles I associated medals/ medallions, but even there it just feels as if everyone is holding onto the nicer pieces. Which admittedly, is what I'm also doing!

* Attached here. Late Tower shilling of Charles I (of course) Spink 2804, Sharp H3/2.

large.1796295016_Spink2804SharpH3_2(smallxii)(2).jpg.1fb0e45bdfb0e9e630c8f4a2e9353674.jpg

Nice to see a bit of hammered every now and again :)

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10 hours ago, Rob said:

A great shame it is going through Noble, as the knowledge I will only ever win something at my maximum bid means I gave up on them years ago. I don't know anyone personally, but has anyone else ever won something at a price below their commission  limit?

Rob, if their activities fall short of being lawful, why don't members who have a grievance set up a sting, rather than individually complaining?

There must be a way of catching these people out with a planned set of bids.....

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It's a grey area. If you are willing to bid up to XXXX, then you cannot complain if it costs you that amount. It's the circumstantial evidence of never winning anything at a figure below my max that irks, especially when everyone else tells the same story. It raises suspicion but isn't in itself proof of wrongdoing. The solution is to get someone to bid in the room if you have someone willing to act as your agent, but not many people have this facility available.

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On 6/21/2022 at 9:40 PM, Rob said:

A great shame it is going through Noble, as the knowledge I will only ever win something at my maximum bid means I gave up on them years ago. I don't know anyone personally, but has anyone else ever won something at a price below their commission  limit?

No idea what kind of auctions Noble's do. But if room only, then there must surely be a temptation to take the easy route (on those which have commission bids, but don't sell in the room), and let them go at the commission bidder's offer as it stands. Even though there may have been no room bids or any room bids fell well short of the commission bids. So instead of going for the next incremental step, they go for the max offered. 

The auction house would regard it as "win win" as their profits are up, the vendor gets more money, and the buyer gets the coin he wants at a price he's prepared to pay.   

I agree that's sharp practice though.   

Just looked at the link above and it appears that Noble do their auctions live online via a third party provider. So the above is less likely to happen. As with all live bids I make, best to record it so in the event of a dispute there's literally no evidential way out for them if they've tried to shaft you.  If they still played awkward, you could make them look very bad, very easily on the interested parts of social media.  

   

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My latest coin. A common enough date but an upgrade. I included the PCGS picture as it is better than mine and reflects the coin  well.

 

 

img019.jpg

Small Image.jpg

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Wow...so often in the past it was all bronze pennies, then copper pennies ( Mike's excellent ones in particular) that made me appreciate

the coins that other people collect, but this sort of silver is just lovely- if only I could afford to splurge on a bit of Gothic!

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Nice on those two, I've been trying to get a satisfactory 1855 florin for many years (and failed).

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By far and away my coin acquisition of the MONTH!

1646_hc_newark_01_ref_02304_04_alan_worby_2400.png

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3 hours ago, Paulus said:

By far and away my coin acquisition of the MONTH!

1646_hc_newark_01_ref_02304_04_alan_worby_2400.png

That’s spectacular, Sir! 

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4 hours ago, Paulus said:

By far and away my coin acquisition of the MONTH!

1646_hc_newark_01_ref_02304_04_alan_worby_2400.png

Very nice .I wish I had the confidence to collect hammered silver and siege pieces. That's why I stick to modern coins as I think I can spot most forgeries with modern coins but hammered silver is a different ball game.

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