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Everything posted by Peckris
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Some newbie questions
Peckris replied to PunkReaper's topic in British Coin Related Discussions & Enquiries
Very good question! As my 45-year coin comparative values reference is based entirely on Seaby/Spink, that's the source I use. It's just that these days I take them with a hefty pinch of salt Also bear in mind that insurance companies use Spink too. -
Help wanted with 1969 Ten pences
Peckris replied to DaveG38's topic in British Coin Related Discussions & Enquiries
My understanding is that banks will change them. -
Rob's reply shows just how subjective this issue is. Though one thing we'd all agree on at the outset : you can forget what sellers on eBay say (I think you already have those sussed out!) I would personally say that a coin that numbers in the hundreds, is very rare. So might the average collector, trying to chase down a 1934 Crown (hundreds minted). There are so many imponderables, it isn't true: 1. Popularity : a 1919KN penny is scarce only really, but is highly popular, so could be advertised as "rare" 2. Comparative mintages : a 1940 "single exergue line" penny is common, but accounts for only 1 in 20 of the usual, and even scarcer in BU; it is therefore comparatively rare only; similarly with 1957 "calm sea" halfpennies. 3. Condition : some common coins become genuinely scarce in BU (1954 halfcrowns) or rare (most Edward VII halfcrowns). Some scarce coins (1926ME pennies) are unimaginably rare in BU, likewise Cartwheel twopences. 4. Varieties : range from barely scarce (1902LT pennies) to incredibly rare (1862 pennies with die numbers) - popularity generally determines how the rarity level will be described That's only scratching the surface. As far as challenging dealers is concerned, you'd be hard put to find valid grounds, for the reason that "rarity" is subjective and you couldn't build a legal case on it. Only if the rarity description implied it was a variety which it turned out not to be (for example "rare variety of 1926 penny", when it wasn't an ME), might you have a case. I'd judge a coin sale on precise identification, condition, appearance, and price. General description wouldn't move me one jot.
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Help wanted with 1969 Ten pences
Peckris replied to DaveG38's topic in British Coin Related Discussions & Enquiries
Supposedly there are some scarce varieties of the thing - but really, compared to some of the early large 10p's, they just aren't, not really. (But to be fair, I'm also simply not interested in them - I think they are ugly little things compared to the large ones!) -
Some newbie questions
Peckris replied to PunkReaper's topic in British Coin Related Discussions & Enquiries
1. Most of my better coins are in three cabinets : one fairly large, one small, and one tiny. The proof sets and modern RM issues are stored loosely (the packaging keeps them away from the atmosphere). Coin albums are a decent alternative, so are 2" coin flips, just make sure they aren't PVC. General principles : keep coins in a dry, salt-free environment - if any hint of dampness, use packets of silica gel near the coins and reheat them fairly regularly. 2. For general identification and valuing of British coins : Spink's "Standard Catalogue" published annually, but Chris Perkins' "Coin Collectors GB" series is great value for coins from 1797 on. Reference : Peck (copper and bronze), Freeman (Bronze), Gouby (bronze pennies), ESC (silver milled), Davies (silver varieties from 1816). If you need those names expanding, just shout. 3. Since 1994 I've developed my own bespoke series of related database files in FileMaker Pro - this has evolved into a pretty awesome set of applications if I say so myself! Scanned coins appear in the master records; I have a comparative set of coin prices from 1966; I can interrogate auction lots to see when sales plus purchases for me go into an overall profit; I can see coins bought by year, by supplier, by location, by value, by reign, etc etc; I can input prices annually and perform a set of calculations for all coins including mid-grade items, to update the values; I can print out tables in many many ways; that's just for starters. However, you can get by with any database manager to get you started. The fields you should start with : Date, Denomination, Reign, (Metal), Condition, Variety, Price paid, Where bought, Date bought, Current value, Quantity, Location (storage), Date sold/disposed, Price realised, To whom.. You will also need a general Comments field (or more than one), and maybe you might wish to record the legend? You don't actually need a Database Manager tool to start with - you could start a simple coin organiser using e.g. Excel spreadsheet. These can be imported later into a DM with the column headers > Fields, and the rows > records. There are probably off-the-shelf coin applications - I bought one back in my PC days, and I will just say this : however well-written they are, there WILL come the day when it can't do what you want, and then you're stuck. -
I could have sworn I'd replied to this. I'm sorry Peckris, but I'm afraid my 'any offers' was purely rhetorical, this is actually the best KN I've got! Nonetheless, I did re-tone it as above. My logic was that as the most plausible explanation for carbon spots is that somebody sneezed in the coins vicinity, then if I could control the process I should be able to make nature work for me, and amazingly it did. I even left a little bit of untoned metal in the obverse legend. The reverse is absolutely spot on, but there are one or two small patches on the obverse. I suspect I should have rubbed over the entire coin with solvent before I started. When I get time I will post a photo. Sure! My best KN is a 1919KN in really strong Fine - the kind of coin that would have fetched a fiver a few years ago, but would probably go for £25 on the 'Bay nowadays ...
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Sadly, this kind of accumulation tends to clog up the mid-range auction houses, and dealers who sift through them to bid on estimated weight, or estimated silver content, or both, rather than any numismatic consideration. But if you want some local advice - arm yourself with a copy of Coin News which should be available from any larger branch of W H Smith. They have adverts and classifieds from most active dealers, plus news of any events countrywide, plus contact details for coin clubs.
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Yes, but not for badly worn coins. I did greatly improve a 1918KN in GVF which somehow had lost its tone, by spitting on it and leaving it on the window sill for a summer. Any offers? Sure - would you mind having a blood test first please? Seriously, if you're open to offers ... if you DM me pictures of it, maybe we could talk?
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Help wanted with 1969 Ten pences
Peckris replied to DaveG38's topic in British Coin Related Discussions & Enquiries
I know that I have some 10p's with the incuse line above the eye, but whether 1969 or not, I have no idea as it would mean going through a whole stack of early 10p's which I simply haven't sorted by different obverses and reverses. Sigh. I suspect it's a job for another day. Though I have lot more time for those big 10p's than I do for those seriously yawn-making small ones, 1992's included. -
Cotton wool would leave tiny almost invisible hairline marks on a mirrored proof field - you really do have to treat those with the proverbial kid gloves. The more mirrored the surface, the more it's likely to show any contact. Think of a camera lens, then think of an ordinary bottle - the former shows marks much more easily.
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1860 1/2 penny beaded border
Peckris replied to azda's topic in British Coin Related Discussions & Enquiries
Technically they are not rare - but I suppose a vendor could argue that ANY early bun penny in that grade is rare. I'm not convinced myself - though I'm sure the penny is a reasonable buy at the price. -
George III - but what is it?
Peckris replied to a topic in British Coin Related Discussions & Enquiries
Hmm, the catalogue lists a Penny issued in 1813, but no Farthing (closest date is 1839) and the image used to illustrate the halfpenny is identical to my coin. It's likely to be the Halfpenny then? Yes, quite probably. I'm afraid I'm not an expert on IOM coins but I do have a worn 1798 somewhere, and I THOUGHT it was a farthing, but indeed it could be a halfpenny. Though I'm still puzzled why it's only the same size as a bronze 1/2d -
Yes, my vote would be for a flaw too.
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1860 1/2 penny beaded border
Peckris replied to azda's topic in British Coin Related Discussions & Enquiries
It says in the sellers text that its EF/Unc, i'd go along with that, i'm just not a copper buyer, but for something rareish i'd make the exception, he also has a 1 penny 1863 UNC and he also says it's rare but i'm wondering why, i'll upload the pix and hopefully someone could tell me 1860 halfpennies are the only 'beaded border' bronze denomination where the beaded variety is notably less scarce than the toothed variety. Toothed 1860s are even more scarce than the price guides indicate, and actually rare in top grade. The 1863 penny is a nice looking coin, but it is one of the commonest early dates for bronze bun pennies - in fact, unless rare varieties, 1860 - 63 are as common as you get until the 1880s. ALL buns are collectible in that grade though, so it's worth a punt if the price is right. (There are a couple of immensely rare 1863 varieties, but that isn't one). The penny is €160 and the half is €65 That's .. . what ...? £120 the penny and £45-£50 the halfpenny? I'd say that's a fair price for the penny (it looks AU lustre?), or very fair if you believe the prices in eBay at the moment. The halfpenny is a weak strike obverse, and has what looks like a disfiguring fingerprint on the reverse, so I'm less sure about that. I wouldn't want to pay more than EF for it, which CCGB gives as £35. Your call though. -
1860 1/2 penny beaded border
Peckris replied to azda's topic in British Coin Related Discussions & Enquiries
It says in the sellers text that its EF/Unc, i'd go along with that, i'm just not a copper buyer, but for something rareish i'd make the exception, he also has a 1 penny 1863 UNC and he also says it's rare but i'm wondering why, i'll upload the pix and hopefully someone could tell me 1860 halfpennies are the only 'beaded border' bronze denomination where the beaded variety is notably less scarce than the toothed variety. Toothed 1860s are even more scarce than the price guides indicate, and actually rare in top grade. The 1863 penny is a nice looking coin, but it is one of the commonest early dates for bronze bun pennies - in fact, unless rare varieties, 1860 - 63 are as common as you get until the 1880s. ALL buns are collectible in that grade though, so it's worth a punt if the price is right. (There are a couple of immensely rare 1863 varieties, but that isn't one). -
1839 Una & Lion £5 Coin
Peckris replied to Mat's topic in British Coin Related Discussions & Enquiries
It depresses me immensely that you have come back to this forum without apparently reading any of the above reply I gave you, over which I spent quite some time and care. I've nothing more to say. Goodbye. -
I'm assuming that these coins are all "scrap"? I.e. not in any condition that would raise their status to "collectible"? (You could scan the 1904 shilling anyway, and upload it for us to see but I suspect it is probably F or less). The 1904 is scarce-ish in lower grades, but all the other coins are pretty common, assuming you don't have rare varieties of 1921 shilling. Even so, the silver value of those coins is considerably in excess of £5 so it WAS a good investment! Chris Perkins may pop in to advise what the current buying in price is for 50% silver (which most of those are)?
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1839 Una & Lion £5 Coin
Peckris replied to Mat's topic in British Coin Related Discussions & Enquiries
Mat, your argument is unsound. You cannot apply Trading Standards law to antique price guides. House prices (which by the way, themselves do not form any kind of 'standard' compared to a tin of beans, a gallon of petrol, or a unit of electricity) cannot be compared to coin values. There is an 'intrinsic' value to a house, which as any surveyor and insurance company will tell you equates to the "cost of rebuilding". Yes, as you point out, advertising and the process of buying and selling may well fall under regulations, but price guides do not, and never will, for the simple reason that they are not "offers to sell", they are simply guide prices. I'm not sure why you have a bee in your bonnet about Spink? That guide is NOT a Spink creation, but was authored and devised by BA Seaby who ceased coin trading long before they sold the title to Spink. The format and content of the "Standard Catalogue" is much as it was under Seaby, though with more additions, e.g. modern varieties. It is used by insurance firms, by dealers, by collectors, or as a general public reference. Yet at bottom, its prices cannot ever be guaranteed. Coins are intrinsically worth only their metal content. Above that, they are worth only what collectors are prepared to pay, and if that is over or under "book price" then so be it. Different sales, different parts of the country, different dealers, different days, different buyers, different competition, even different times of the year or traffic conditions en route to auctions or even the weather, will all conspire to form a huge variety of prices for any given coin. What hope for any price guide compiler to cope with that? What MIGHT be useful is if guides like Spinks gave a RANGE of values for a given coin condition, but that would be unwieldy and would result in a book twice its present size. And since Spink are the oldest existing coin dealers and one of the biggest and founder members of the BNTA (the industry body of which you speak), isn't it better that they, rather than some fly-by-night, produced the Standard Catalogue? -
Agreed - that 45 Euro florin is AT LEAST a grade and half lower than the eBay item. Take any checkpoint you like, you will see more wear (with the possible exception of the legend).
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George III - but what is it?
Peckris replied to a topic in British Coin Related Discussions & Enquiries
Oops - can you double check? If it's the same size as a QEII halfpenny, it may well be a farthing! (That sounds confusing I know, but the 1797 penny is MUCH larger than a QEII penny, so the same should apply to the halfpenny ... I'm not certain, it's just a thought) -
My own instinct would be - if it's a proof, don't touch it. ANY intervention on those would show up, even trying to remove a fingerprint. Others may differ, so I'd wait and see what they say?
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George III - but what is it?
Peckris replied to a topic in British Coin Related Discussions & Enquiries
Depends on the size - it could also be an I.O.M. halfpenny. -
1839 Una & Lion £5 Coin
Peckris replied to Mat's topic in British Coin Related Discussions & Enquiries
Doesn't this cost more in petrol if done on a regular basis than buying the book outright? And it's always to hand. Not if it only takes you 3 visits, and you happen to be in town for those visits anyway As has been said, these price "guides" are only that, guides. Having said that, most insurance companies use Spink to agree valuations where necessary. In the days when it was Seaby's, that book was rightly regarded as 'the bible' - Seaby had no axe to grind, but on the other hand (as it proved) they could become out of touch with the market. CCGB is under for an Unc 1797 2d IMO - £300 would be my estimate for a true EF, but then I think CCGB has always been under on these twopences. To be fair, their £300 is for an Unc coin, where Spinks £1400 is for a BU specimen. That's not unrealistic - the number of Unc specimens is fairly low, but a true BU is EXTREMELY rare - quite probably significantly rarer than the average proof. Agreed - though my heart does bleed for people who have bought from eBay many times but are new to coins; they are badly let down, both by the e-charlatans and the e-ignoramuses. Some of those gradings ought to be prosecuted, they are so far out. -
Or you could scan it - that might actually be easier, you don't have to worry about focus or plane.
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I agree - it looks EF to me too. And the toning is gorgeous. I think that's a fair price tbh.