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Well ... that depends ...... 1. That I care what it is worth because resell is on the horizon ..... which it isn't. 2. What its market value actually is if and when I chose to sell. 3. What it costs me to have a coin graded and slabbed and whether I do it in this case. 4. How important the coin is to me as a component of my overall collection. 5. Whether the cost of this coin is counter balanced by getting other coins cheaper .... or ..... was I under budget for this auction? I was.

If it's not a variety why do they class 1 over lower 1 recut a variety? and it isn't just a mispunch like on all the coins of this era where for the most part most of the coins have some form of repunching but 99% of those are the same and predominantly horizontal. To miss by that much is however way you look at it a mistake and is not a typical re punch. Won't hold a massive premium like a R/B or B/R but i'll have a wager with you that if you put that coin up for sale with another shilling same grade this coin will sell for a lot more. Just because it doesn't interest all collectors in the purist form there are plenty that will snap it up because it is a minor variety something not seen regularly. What would the call be if every letter on that coin was repunched the same offset would it be classed still as a non variety? I think not so 1 letter or 20 letters it's a minor variety as it appears more than once on the year but in the handfuls if that 1825 / higher 5 farthing comes to mind and the 1837/7 misaligned both carry hefty premiums.

Thanks Gents. I can see that now. In my defence it was very late at night and I was practically falling asleep, so wasn't fully compus mentis Fortunately others were awake !

Looks like crud. There's enough of it everywhere else.

Hi Danz, I've just discovered another 1837 R over lower R.