1949threepence

Very interesting debate. In fact both theories sound equally plausible to me. Sadly, we will never know, as all hard evidence has been lost in the mists of time.

Finished at £828 David No last minute bidding there then. It was at £828 for quite some time before the auction ended.

Thanks for the info

I was about to suggest so they could be piled on a vertical hook for temporary storage. But I see the actual answer is there anyway. Incidentally, why a square hole instead of a round one ? @Peckris2 ~ what happened to Peckris1 ? Bring back the old Peckris, I say

How many London Mint 1882 pennies would you say have survived (all grades)? Freeman has them as R17 (16 to 50 in existence). That was in 1985. Given their unique status, there's likely still the same number now, but most of those will be in private collections, which will probably not see the light of day for a very long time, if ever. That includes the prime example Bernie showed us a few weeks back. 16 to 50 is a fairly wide estimated range. If I had to hazard a guess, I'd say less than 40. I bet there's maybe 10 which will come up for sale in the next 3 years, say ~ and the sales points could be anywhere. Mind, most of them will be flat discs. Gouby quotes R9 for the 1882 London penny which is "2-9 possibly known". Although he doesn't say exactly how he comes by this estimate I wonder if he doesn't count the flat discs? That is a distinct possibility.

Absolutely. A decent pic of the entire collection(both sides of the coins)would be good, so that we knew exactly what Adam was looking for to complete the collection.

There was some wear to the convex shield, which brought the reverse at least, down to EF. Still a very nice coin, nonetheless, with considerable lustre. I'm not surprised it fetched £2560k. Take a look at this one for sale at the online coin website for £3950. Still some slight wear on the shield, much more expensive, and in my view, not as nice as the e bay offering. Here's the image for ease of reference ~ hopefully not too small It brought roughly £1000 more than it was worth because of dishonest selling. The coin was EF or nearly so and called A UNC by the seller. The last high grade example I sold was also bought from London Coins. It was graded by them as A UNC and downgraded by me to GEF with all of the flaws mentioned (so I lost money rather than making a £1000 profit by lying). I'm not surprised it brought £2560 either, I'm f***ing gobsmacked!!!! You are not the only one John, i wonder how long it is before someone actually realises and wakens up to his WAYYYYYYYYYYYYYYYY OVERGRADING just to make some money. Strangely enough, i was watching the 1869 on my iphone whilst pretending to work really hard, and i could see the initals of the winning bidder at the time, unlike when you use the pc and go into ebay from there. Anyone else have an iphone and the watched auction to check if there's does the same, there's an ebay app for the iphone (free) so you might need to download it and then check from there "Caveat Emptor" definitely applies at the high end of the coins market. Personally, I always do my own grading from the picture given. It may well be that the buyer was totally well aware of the overgrading description, but still wanted the coin. Given the bronze market these days ~ especially for buns ~ I'm still not surprised it fetched £2.5k. It's an attractive lustred coin and compares favourably with the online coin 1869, for which almost £4k is being asked.

There was some wear to the convex shield, which brought the reverse at least, down to EF. Still a very nice coin, nonetheless, with considerable lustre. I'm not surprised it fetched £2560k. Take a look at this one for sale at the online coin website for £3950. Still some slight wear on the shield, much more expensive, and in my view, not as nice as the e bay offering. Here's the image for ease of reference ~ hopefully not too small

Nor me. Although given the obviously limited run, I'd say it only one or two die pairs is more probable than not. We just don't know, do we

There's definitely an impeccable logic in suggesting that high grade London Mint 1882's will indeed, be rarer than 1933's. Something probably not often thought about.

How many London Mint 1882 pennies would you say have survived (all grades)? Freeman has them as R17 (16 to 50 in existence). That was in 1985. Given their unique status, there's likely still the same number now, but most of those will be in private collections, which will probably not see the light of day for a very long time, if ever. That includes the prime example Bernie showed us a few weeks back. 16 to 50 is a fairly wide estimated range. If I had to hazard a guess, I'd say less than 40. I bet there's maybe 10 which will come up for sale in the next 3 years, say ~ and the sales points could be anywhere. Mind, most of them will be flat discs.

Wankers with leveraged positions trading money that doesn't exist in some kind of 'game' that no-one fully understands. That's about the size of it. Doesn't it piss you off intensely that a few bloated, up themselves, individuals have so much unmitigated power I just found a brilliant summation of the argument against the cuts! Here is the link (it says it all much more logically, fluently and coherently than I could ever hope to) : http://www.pcs.org.uk/en/campaigns/campaign-resources/there-is-an-alternative-the-case-against-cuts-in-public-spending.cfm Good summation, although I do take on board some of Rob's arguments as well. There are certain moves which might lead a cynical person to believe that the government is not being entirely truthful with us. For example, the news last night that a "universal pension" of up to £140 per week, irrespective of National Insurance contributions, being dangled as a carrot. Apparently this won't get going until after the next election, which, assuming the coalition doesn't fall apart before then, will be 2015. Note the operative phrase: after the next election. What a transparently blatant attempt to scoop the grey, female and baby boomer vote in one fell swoop. Or am I the only one to think this cynically ? Yes it came from Vince cable, but he's only acting as Cameron and Osborne's puppet. The money's there when they want it to be, Peck. Either that or they're lying.

Wankers with leveraged positions trading money that doesn't exist in some kind of 'game' that no-one fully understands. That's about the size of it. Doesn't it piss you off intensely that a few bloated, up themselves, individuals have so much unmitigated power

Not good, but at least better than that strange lightweight material they used to use for East German D marks.

Someone must have thought it to be an 1882, it sold for 230 quid Easy to tool such a deception as well. Just file off the "H"

Some very good points above, Dave. I wonder if the ability to afford high end coins comes from a combination of those who still have money and secure jobs/retired with a good income, and the speculative sound investment angle. Incidentally, there's a series of high quality buns on e bay being offered by someone, and the location is Germany. It's not you is it ?

All valid points above, IMO. Although I don't blame Gordon Brown for the global banking crisis, I do believe New Lab compounded the problem from the UK's point of view by profligate and irresponsible spending whilst in office. In particular a bloated public sector. Now the party's over and the price has to be paid. That said, it does appear that once again it is the "little people" who take the brunt of the punishment in the form of probably forthcoming mass public sector redundancies, reduced pension rights, widespread cuts in benefits and health provisions etc, whilst the wan....err, sorry, bankers, provocatively continue to be paid obscenely high bonuses. Yes, incredibly, it's still going on even now. I would like to know what steps are being taken to ensure that bail out money for banks is going to be paid back to the treasury ~ something that there appears to be a curious silence about at the moment. Moreover, mass redundancies in the public sector, combined with lack of recruitment following natural wastage, will do nothing to stimulate demand led recovery in the economy, if the private sector is unable to take up the slack.

Blimey. Say what you like about the seller formerly known as "gg..something or other", but he does get 'em in. £411 with 4 days to go... Superb isn't it. I forecast near £2k. Tell you what, if I had the cash, I'd be in there saying, "come to Daddy"

If Part 2 is consistent with Part 1, the coins should be available for viewing on the CC website by the last day of this month.

Yes, but only to say I have one from each date minted. Pretty much sorted 1968 - 1983 in Unc. They're pretty cheap, so keeps me occupied while waiting for new coins for the main collection [C20th date sets of all denoms] (complete back to 1929 in gEF or better for all, back to 1910 for 1d and 2/6!). I cannot, however, find 1981 10p in Unc for love nor money!! Nowhere have I ever seen any offered (mintage just over 3m). That's interesting. I just looked in e bay uk, and clicked through to decimal 10p's, which can be sorted by year. 1981 is one of only two years since 1968 where there is not at least one offered for sale. The other being 1978. Obviously some of the other years offered ~ 1972 for example ~ will be proofs.

So if we took £20 in sovereigns back to 1869, would we get value exchanging for current bronze or silver? the chances of finding anything scarce would be low - no 1869 pennies, probably the majority would be 1862/3 So let's think in reverse, what current circulation coins would you salt away for your great grandchildren? David Only, as already documented, the £2.00 coins with a mintage of less than 1 million. There are also some old style 50p's I wouldn't mind, like the 1992 single market. The mintage of many of the rest, is so astronomic and their presence so ubiquitous, that they are of no interest ~ to me at any rate

Not Gospel of course, new varieties are being found all the time If 1949 has this in hand then close microscopic examination of that smudge under the date is needed. If he is thinking of purchase then alarm bells should ring if anything over the standard price for an 1882H is asked for David Theoretically, Vicky Silver is right. But I wouldn't go for this coin as I think it's been deliberately tooled by someone at some point. Realistically, it's the only explanation. It would also account for the apparent smudging under the date.

I've blown up your picture and I see a slight smudge wher the H would be I don't have the books next to me. seem to recall 1882 no H has a different die combination, so Hi res scans both sides please Fingers crossed for you! David Looks like F12 to me, as the eye is quite palpably closer to the bridge of the nose on F11, which the 1882 without a H is solely described as being. So either tooled, or the photo does not show up the H for whatever reason. Definitely an 1882H and I got all over excited for nothing. Sorry for the fuss, people.

post duplicate

I've blown up your picture and I see a slight smudge wher the H would be I don't have the books next to me. seem to recall 1882 no H has a different die combination, so Hi res scans both sides please Fingers crossed for you! David Obverse in image, David. I'll take a look at Freeman, myself.