Coppers Posted June 12, 2004 Posted June 12, 2004 Jon...here's where having a copy of Peck would come in handy....Date/Denomination/Peck No.1857 Penny P19681857 Halfpenny P19731857 Five Cents P19741857 Two Cents P19751857 One Cent P19761857 Halfpenny P19771857 Farthing P19781859/7 Penny P19801859 Halfpenny P19811859 Penny P19941859 Halfpenny P2000------ Halfpenny P2002------ One Cent P20051859 Penny? P20131859 Halfpenny? P20201859 Penny? P20201859 Farthing P20231859 Twopence P20291859 Penny P20311859 Penny P20341859 Penny P20351859 Halfpenny P20361859 Halfpenny P2037 Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 That is a very formidable collection you have there coppers! How long have you been collecting pre-1860 patterns? Quote
Coppers Posted June 13, 2004 Posted June 13, 2004 Jon....I've been collecting British coins since the late 1990s. It's a welcome change from what I see here in the US, where the prevailing view is that there are 11 grades of mint state and that, for example, an MS 66 is worth many multiples of the same variety designated an MS 65. Thank goodness the collectors and dealers in the UK appear to have more sense than we do in this regard. Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 I am glad that we don't share the same grading system because I don't think slabbing and grading would go down well here in the U.K both with collectors and dealers. Quote
william Posted June 13, 2004 Posted June 13, 2004 I am glad that we don't share the same grading system because I don't think slabbing and grading would go down well here in the U.K both with collectors and dealers. ..and I don't think our grading would go down well in the US! Quote
Coppers Posted June 13, 2004 Posted June 13, 2004 Slabbing became popular here in the US because of the tendency of many of our dealers to overgrade and the inability of many collectors to figure out the grade for themselves. Now because a supposedly neutral slabbing service assigns the grade to coins, collectors seem all too willing to believe its opinion over their own eyes. The entire situation reminds me of a Hans Christian Anderson story called the Emperor's New Clothes. Quote
Sylvester Posted June 13, 2004 Posted June 13, 2004 I got a coin bag a bit like the one in the auction. Nothing nearly as exciting in it. Only £2 coins. Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 How much do you think it will sell for in the end? Quote
Coppers Posted June 13, 2004 Posted June 13, 2004 Where did you come across your coin bag, Sylvester? Is there anything prnted on it? Quote
Sylvester Posted June 13, 2004 Posted June 13, 2004 Where did you come across your coin bag, Sylvester? Is there anything prnted on it? Nothing printed on it, but i inherited two of them, both full of nasty predecimal coins (and an 1816 large cent in Fair), by nasty i mean poor, battered, well circulated condition many with verdigris. (No silver either!)One coin bag i don't use cos that was full of the verdigried ones... and i wonder if i put anything else in there will that go green too?The other is fine though, and used to hold my US silver coins, until i got too many for it to hold, so they went in the Silver Jar and the £2 coins got allocated into the bag instead. Looks just like the one in the auction but without anything printed on it. Quote
Emperor Oli Posted June 13, 2004 Posted June 13, 2004 I've found old Post Office bags at the side of roads before. They scrub up quite nicely but I have no idea what to do with them! Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 I wonder why they were dumped at the side of roads................ Quote
Emperor Oli Posted June 13, 2004 Posted June 13, 2004 Probably a robbery because we have tons of authentic 17th century highwaymen around these parts Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 How much do you think the farthing hoard will sell for in the end? Quote
Master Jmd Posted June 13, 2004 Posted June 13, 2004 How much do you think the farthing hoard will sell for in the end? i would spend the £74.50 that i have saved up for it...but my estimate would be somewhere around £200 - £400! Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 Really that low! That is only £2-£4 per coin! Quote
Emperor Oli Posted June 13, 2004 Posted June 13, 2004 I can't see it going past £400 really. It should go for round about £700 but I can't see it happening. Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 Why not? Even though their value will either be frozen or go down over the next five years or so due to this 'new discovery' of high grade farhtings. Quote
Emperor Oli Posted June 13, 2004 Posted June 13, 2004 Because I cannot see the bidding increase 15-fold in four days Quote
Chris Perkins Posted June 13, 2004 Posted June 13, 2004 Because anyone buying them will have to bear in mind that even when selling individual coins, it will take a while to get the initial investment back. They are like a long term investment, and only if you have the means to sell them individually at a respectable rate. I don't think that a 'discovery' of 99 BU (if they are all BU) farthings will affect the prices much of 1886 BU farthings, considering it isn't a rare year.I'll certainly be keeping an eye on them. It's a lot of cash, but I'm younger than other coin dealers so hopefully I'll have time to get it back! Quote
Half Penny Jon Posted June 13, 2004 Author Posted June 13, 2004 Do you think they could all be sold within 5 years? Quote
Chris Perkins Posted June 13, 2004 Posted June 13, 2004 If I really wanted to, and perhaps put them on ebay at bargain prices. Quote
Half Penny Jon Posted June 14, 2004 Author Posted June 14, 2004 Never mind Master JMD, maybe another will come onto the market in the next 5 years or so. Quote
kuhli Posted June 17, 2004 Posted June 17, 2004 Closing in less than 24 hours, and still less than £1 each. Wonder if the buyer plans on selling a few quickly to recoup his original investment?? Would love to have one, but can't afford to buy the whole lot. Quote
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