palves Posted February 12, 2011 Posted February 12, 2011 Hi,A friend of mine was offered this coin. I am quite suspicious about the style, namely: waves, flower, tummy, legend... even colour.Whats your opinion?thanks Quote
£400 for a Penny ? Posted February 12, 2011 Posted February 12, 2011 I don't think we like to comment on things like this Palves.Either way.Best wishes. Quote
palves Posted February 12, 2011 Author Posted February 12, 2011 I don't think we like to comment on things like this Palves.Either way.Best wishes.Ok, Thanks. I was not trying to frame anyone I advice my friend not to get it because of the details, but mostly because the price...If the moderator wishes so, he can delete the topic. Sorry about it!PA Quote
£400 for a Penny ? Posted February 12, 2011 Posted February 12, 2011 We're all very relaxed, Sir, no need to apologise. Quote
Peckris Posted February 12, 2011 Posted February 12, 2011 Hi,A friend of mine was offered this coin. I am quite suspicious about the style, namely: waves, flower, tummy, legend... even colour.Whats your opinion?thanksI don't know what the fuss is about (I think 400 was joking!). We often do give our opinion here when it's asked for. That's a twopence, not a penny. There doesn't look anything wrong with the design as far as I can see (though if you had compared it with a good picture of a 1797 penny, that might have made you suspicious - apart from the dramatic difference in size, there are small but subtle differences between the two denominations). The main thing wrong with it, is it's been cleaned (hence the suspicious colour)!! Presumably to give the impression of a higher grade. It is in fact barely VF in my opinion. However,in its favour, it has an excellent rim with little or no damage, lacking the usual knocks which is highly unusual. And the legend is good too.Without cleaning it could easily be a £50 - £75 coin, but the cleaning would knock that back quite a bit. Quote
palves Posted February 12, 2011 Author Posted February 12, 2011 The price asked for this coin was above 100 pounds Even before looking to the details, I advice my colleague not to buy it... too expensive for the detail and the cleaning. You are right about me comparing to the wrong coin. I have just realize that the site where I got the picture to compare with has the exact same picture for both the penny and the twopence. Blame Google and myself Thanks.PA Quote
Peckris Posted February 12, 2011 Posted February 12, 2011 The price asked for this coin was above 100 pounds Even before looking to the details, I advice my colleague not to buy it... too expensive for the detail and the cleaning. You are right about me comparing to the wrong coin. I have just realize that the site where I got the picture to compare with has the exact same picture for both the penny and the twopence. Blame Google and myself Thanks.PAYes - over £100 is far too rich for that coin. Treated kindly and allowed to 'tone back' over a long period of time, it will be a nice specimen, but for now?..only at the right price. Quote
Red Riley Posted February 13, 2011 Posted February 13, 2011 Yes - over £100 is far too rich for that coin. Treated kindly and allowed to 'tone back' over a long period of time, it will be a nice specimen, but for now?..only at the right price.With cleaning, I would go for about £20-£25 on a good day. They are interesting coins but quite common ones (I've got no less than four in Fine-VF), so Palves, tell your friend to keep his money in his pocket and shop around. Just one word of warning, they do get rather expensive in the very highest grades. Quote
Gary Posted February 13, 2011 Posted February 13, 2011 Yes - over £100 is far too rich for that coin. Treated kindly and allowed to 'tone back' over a long period of time, it will be a nice specimen, but for now?..only at the right price.With cleaning, I would go for about £20-£25 on a good day. They are interesting coins but quite common ones (I've got no less than four in Fine-VF), so Palves, tell your friend to keep his money in his pocket and shop around. Just one word of warning, they do get rather expensive in the very highest grades.sound advice Quote
Peckris Posted February 13, 2011 Posted February 13, 2011 Yes - over £100 is far too rich for that coin. Treated kindly and allowed to 'tone back' over a long period of time, it will be a nice specimen, but for now?..only at the right price.With cleaning, I would go for about £20-£25 on a good day. They are interesting coins but quite common ones (I've got no less than four in Fine-VF), so Palves, tell your friend to keep his money in his pocket and shop around. Just one word of warning, they do get rather expensive in the very highest grades.sound adviceAgreed. Though if your friend really COULD get it for as little as £25 and allow it to tone back over time, it might be worth persisting with. The rim is exceptional and believe me, that's a big issue with those coins. Such a damn shame about the cleaning. Quote
Accumulator Posted February 13, 2011 Posted February 13, 2011 I am quite suspicious about the style, namely: waves, flower, tummy, legend... even colour.Actually it's quite true that Britannia is slimmer on the 1797 penny. Too many pies or was she 'in the family way'? Quote
Peckris Posted February 13, 2011 Posted February 13, 2011 I am quite suspicious about the style, namely: waves, flower, tummy, legend... even colour.Actually it's quite true that Britannia is slimmer on the 1797 penny. Too many pies or was she 'in the family way'? Not to mention "old big head" on the obverse! Quote
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