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Posted (edited)

Eeeeeeeeekkkkkk...................2560 pounds it closed at!!!!!!!!Readers keep alert as to if this coin shows again on the 'bay or another venue. I simply can not believe it. If real, maybe time to sell!

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

post-4682-062648200 1288206045_thumb.jpgpost-4682-092203000 1288206081_thumb.jpg

Edited by 1949threepence
Posted

Eeeeeeeeekkkkkk...................2560 pounds it closed at!!!!!!!!Readers keep alert as to if this coin shows again on the 'bay or another venue. I simply can not believe it. If real, maybe time to sell!

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

post-4682-062648200 1288206045_thumb.jpgpost-4682-092203000 1288206081_thumb.jpg

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!!!!

Posted

The penny world is cloaked in mystery and intrigue Declan, sort of like MI5!

The buyer(s) of the 2 rare 1863 coins last year remain a none ee mouse.

I guess it won't be a well known buyer for this coin as the quality is not as good as the listing claims it to be.

I sold a better example a couple of years ago and I only called it GEF, due to it being slightly edgy with some minor nicks and bag marks.

New high end buyers are jumping on the investment hype every week and it is possibly one of those who is the high bidder.

There are better examples out there and they can be acquired for around the £2k mark if you look hard enough.

Perhaps this is a flagrant breach of auction etiquette, but I did manage to clock the name of the guy that bought the 1877 narrow date penny at the June London Coins Auction from his bidding card. I've kept my own council up to now, but what the hell... Didn't get the first name, but the surname was Davies if that means anything to anybody.

Posted (edited)

Eeeeeeeeekkkkkk...................2560 pounds it closed at!!!!!!!!Readers keep alert as to if this coin shows again on the 'bay or another venue. I simply can not believe it. If real, maybe time to sell!

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

post-4682-062648200 1288206045_thumb.jpgpost-4682-092203000 1288206081_thumb.jpg

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

Edited by azda
Posted

Just a quick iPhone update, i can see the winning biedres initals c c and has a feedback of 500, so there ses to Be a spickt flaw with Eva and this iPhone App. Sweeeeeet

Posted

Azda,

You are right...the iphone version of eBay does filter through the "Private Bidder" shield. It still doesn't give you the Bidders screen names, but does give you the same information that is available on the normal bidding screen (non-private bidder). I use the iphone all the time on eBay, but never noticed that! Cool!

Posted

Eeeeeeeeekkkkkk...................2560 pounds it closed at!!!!!!!!Readers keep alert as to if this coin shows again on the 'bay or another venue. I simply can not believe it. If real, maybe time to sell!

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

post-4682-062648200 1288206045_thumb.jpgpost-4682-092203000 1288206081_thumb.jpg

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.

Posted (edited)

Azda,

You are right...the iphone version of eBay does filter through the "Private Bidder" shield. It still doesn't give you the Bidders screen names, but does give you the same information that is available on the normal bidding screen (non-private bidder). I use the iphone all the time on eBay, but never noticed that! Cool!

Lol, and my apologies for the poor spelling from the iphone, it was late and dark.I wonder how the iphone manages to do that and the pc can't, i only noticed it last night, now to find the initals of the 1903 buyer lol, so the winning bidder of the 1903 Halfcrown was r***6 and feedback of 164

Edited by azda
Posted (edited)

And now at 770. Nice coin but NOT unc.or even AU in my opinion. These buns are getting crazy!Seller quotes price of 1850 pounds in Spink 2010, but in unc.

Edited by VickySilver
Posted

ironic little memento 1d only

interesting, but not £40 interesting

:)

David

Posted

It's nice to see that someone is prepared to put so much time and effort into their merchandise

Bling

Posted

ironic little memento 1d only

interesting, but not £40 interesting

:)

David

If the total sum was a Penny it must have been worse than the X Factor !!!!! :D

Posted

And now at 770. Nice coin but NOT unc.or even AU in my opinion. These buns are getting crazy!Seller quotes price of 1850 pounds in Spink 2010, but in unc.

Spink probably underprice this one. Much rarer than the 1869 in my experience. For every 1 1875H I have had I must have had 6 or 7 1869's. The 1871 is even scarcer than both but rarely gets a mention!

Posted

It's nice to see that someone is prepared to put so much time and effort into their merchandise

Bling

It's not a gold proof is it? :D

Posted

It's nice to see that someone is prepared to put so much time and effort into their merchandise

Bling

It's not a gold proof is it? :D

This is the bit I like best

Clearly a well-circulated coin, the higher points of its design are noticeably and predictably worn/smoothed though much more on the front than on the “young headed†- or “bun-headed†- rear which consequently still features considerable fine detail. However both sides are clearly enhanced by a substantial, and distinctly appealing, lustre.

Posted

It's nice to see that someone is prepared to put so much time and effort into their merchandise

Bling

It's not a gold proof is it? :D

This is the bit I like best

Clearly a well-circulated coin, the higher points of its design are noticeably and predictably worn/smoothed though much more on the front than on the “young headed†- or “bun-headed†- rear which consequently still features considerable fine detail. However both sides are clearly enhanced by a substantial, and distinctly appealing, lustre.

Well, as in "Brasso - impart an 'as new' lustre to your jaded bronze" :D

Posted

shiny!!!

i'm going to stick to my 1875H in poor then lol

buns are way to expensive, £100 for a worn 1869? i got a battered and pitted 71 for a few quid a good 6 months ago :/

yea somone been polishing, and as for toning, you can be surprised, i found high grade toned brass :/

Posted

Problem is demand...If the 75H is scarcer than the 69, and I think it is, somehow it just does not capture the interest of buyers to the same degree and so the price is probably condemned to a lower level. I remember being the buyer of a 75H about 10 or more years ago and mention made of it in the Coin News because a price of 759 pounds with the "juice" was paid - this however for a superior specimen!

Posted

Though the price of a quality 1869 is very steep...I think you see more "quality" 1869's offered than you do 1875H's, at least in my experience. My 1875H is slabbed at AU-55BN by NGC.

Posted (edited)

Yup, looks as if its the very same one, only cleaned. The marks on the neck give it away, although, so does the wear on the bust itself. Geezus, this boy is making a killing with his shit. A 345 GBP profit.

This is his wifes ebay name *country*cottage*interiors* Notice how the stars between each word are the same as his. The reason i know it's his wife is because she, or rather he bought 2 coins from me and then resold them on his ebay name.

They both changed their IDs when i notified one guy who he sold one of my coins to that the coin had been cleaned and he paid over 150 GBP more than he bought it from me for. Thats when he started his private auctions also. Am sure he has another ID for buying on ebay now as his wifes ebay ID isn't buying coins anymore

Edited by azda
Posted

Problem is demand...If the 75H is scarcer than the 69, and I think it is, somehow it just does not capture the interest of buyers to the same degree and so the price is probably condemned to a lower level. I remember being the buyer of a 75H about 10 or more years ago and mention made of it in the Coin News because a price of 759 pounds with the "juice" was paid - this however for a superior specimen!

Of the three, Michael Gouby rates the 1869 as scarcer than either the 1875H or 1871, which he sees as being roughly equal. Michael Freeman sees 1869 and 1875H as equally rare and considerably rarer than 1871. Impossible to tell really from any of our limited experience, but all I would say is that 1869s seem to create a bit more of a 'stir' than the other two.

Posted

Problem is demand...If the 75H is scarcer than the 69, and I think it is, somehow it just does not capture the interest of buyers to the same degree and so the price is probably condemned to a lower level. I remember being the buyer of a 75H about 10 or more years ago and mention made of it in the Coin News because a price of 759 pounds with the "juice" was paid - this however for a superior specimen!

Of the three, Michael Gouby rates the 1869 as scarcer than either the 1875H or 1871, which he sees as being roughly equal. Michael Freeman sees 1869 and 1875H as equally rare and considerably rarer than 1871. Impossible to tell really from any of our limited experience, but all I would say is that 1869s seem to create a bit more of a 'stir' than the other two.

Looking again at Freeman's original book where he gives numbers he found in circulation

1869 13

1871 53

1875H 19

David

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