Master Jmd Posted June 1, 2004 Posted June 1, 2004 On tuesday last week, i went down the bank with my mum, and i cashed in a bag of decimalised 1p's and 2p's; i had gone 1p over the £1.00 limit of the bag, but instead of giving me 1p out of the bag, the bank person got a 2004 1p out. This 1p had obviously never reached circulation, and it was in the best condition i had ever seen a penny in; anyway, ive just been looking at this penny and my FDC 1970 proof penny...it seems that my 1p was far more reflective than the 1970 proof penny, my 1p could even make out fully coloured detail (like a bronze mirror )...does this make it FDC? i have only touched the coin rim, and the bank person held it by the rim when he passed it to me... Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 FDC is a term used for proofs and very rarely for currency coins. If your coin is ABSOLUTELY PERFECT with no small scratches due to storage or no wear which I very much doubt, then it would be deemed FDC otherwise it would be BU. Quote
Master Jmd Posted June 1, 2004 Author Posted June 1, 2004 FDC is a term used for proofs and very rarely for currency coins. If your coin is ABSOLUTELY PERFECT with no small scratches due to storage or no wear which I very much doubt, then it would be deemed FDC otherwise it would be BU. it must be FDC then, even under a powerful magnifying glass one can see no scraches or other minute marks! Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 If one saves a coin which is "mint fresh" and has no stratches, flaws, blemishes etc. then it can quite possible be FDC. Quote
Master Jmd Posted June 1, 2004 Author Posted June 1, 2004 If one saves a coin which is "mint fresh" and has no stratches, flaws, blemishes etc. then it can quite possible be FDC. yes, mine is definatley FDC then... Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 I suppose Oli will want to have an input................... Quote
Emperor Oli Posted June 1, 2004 Posted June 1, 2004 Quite impossible. No coin reaching general circulation has a hope of having FDC attirbute to it. FDC means that it has never touched another coin i.e absolutely no scratches whatsoever. Use an 18x glass and you'll spot some. Quote
Master Jmd Posted June 1, 2004 Author Posted June 1, 2004 Quite impossible. No coin reaching general circulation has a hope of having FDC attirbute to it. FDC means that it has never touched another coin i.e absolutely no scratches whatsoever. Use an 18x glass and you'll spot some. hmm, my strongest is an old 16x magnifying glass, it reveals no scraches! Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 I should imagine that there are many hairline scuffs and scratches JMD............. Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 Yes, but JMD was asking if his coin qualified for FDC. Quote
Master Jmd Posted June 1, 2004 Author Posted June 1, 2004 Isn't BU good enough? yea, i suppose...is GBU a grade? Quote
Sylvester Posted June 1, 2004 Posted June 1, 2004 Alright i'll level with you, if BU isn't good enough call it Gem UNC, it probably is, Gem UNC means probably the top 2 to 5% of business strike coins. (i.e those struck for circulation). It's the best it can be considering the modern mas methods of production. Quote
Master Jmd Posted June 1, 2004 Author Posted June 1, 2004 Alright i'll level with you, if BU isn't good enough call it Gem UNC, it probably is, Gem UNC means probably the top 2 to 5% of business strike coins. (i.e those struck for circulation). It's the best it can be considering the modern mas methods of production. ok then Quote
Half Penny Jon Posted June 1, 2004 Posted June 1, 2004 I would grade it BU Gem, I think that's a grade. Quote
Sylvester Posted June 1, 2004 Posted June 1, 2004 It probably is, GEM BU then... it's as good as BU gets. (But i should warn you if it looses it's full lustre and tones then it drops to UNC). Quote
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