I Have A 1863 One Penny Coin, Victorian. How much is it worth?

[scirbbles]

http://gyazo.com/b8dd19c53a9c96222a09177708989e85

http://gyazo.com/e1f9c18aada94e449dae33a2aba957a1

This is the coin. I want to find out the value, because i want to sell it soon. Can anyone tell me the value, and if it has a slender number or a die number or none. Thanks

[declanwmagee]

Sorry, old chap, nothing special - no die numbers and just the normal 3. You'd probably get a few quid for it on eBay, and if you get double figures you'll have done well.

[scirbbles]

Thanks Man

[Paulus]

Welcome to the Forum scirbbles (or should that be Scribbles?)

[Gary]

its not a bad looking Penny though.

[scirbbles]

Does this have a 8/6 on it? And why is the value soo small?

[Peckris]

Declan is a bit low in my opinion. It's not far off EF but it has some edge knocks which let it down. £20 at a rough guess (£30+ if it didn't have the knocks).

All the common varieties from 1861 to 1863 are just that - very common, with big mintages following the Mint's changeover from copper to bronze. From 1864 the picture changes, and many dates are scarce until 1874 and 1875. They get really common again from 1889 to 1893.

Edited November 13, 2014 by Peckris

[Guest Vinnie]

The 1863 Queen Victoria one Pennie I good condition at a coin valuer's is over £3000 pounds

[Michael-Roo]

19 minutes ago, Guest Vinnie said:

The 1863 Queen Victoria one Pennie I good condition at a coin valuer's is over £3000 pounds

If with a die number below the date, or a slender 3 in the date, or with a 3 over 1 in the date, then, yes, quite possibly.

A bog standard 1863, even in uncirculated condition, wouldn't be worth a tenth of that figure.

[DrLarry]

There are several types of 1863 , one variety has an open 3 at the base of the loop of the 3 the gap is very wide most , if you look have a closed tighter  loop these are very rare though I am afraid i have only ever found two in four years.  the other 1863's that are also rare have a small number between the 8 and the 6 a die number these are also pretty rare.  A normal 63 in good condition wont sell for much more than £100 and you can readily pick up very fine examples for £20 or less.  in fine condition about £5.  Your dealer may well have been talking about one of the very rare varieties in good condition.  When I was researching the 63 I collected about 100 in pretty good condition and I doubt I spent much more than £300 in total.  I hope that helps Larry  

[Peckris]

The normal 1863 is one of the most common early bun pennies, as are the common varieties of 1861 and 1862. They were new so many got put aside. From 1864 they start getting scarce especially in top grades, but there are also squillions of different varieties - some extremely rare - between 1860 and 1861. It's a specialist subject in its own right - very complex.

[zookeeperz]

That is a very interesting 1863 Penny did anyone bother to blow it up? You'll see what I mean   Does something slender tilted lurk beneath?

[jelida]

1 hour ago, zookeeperz said:

That is a very interesting 1863 Penny did anyone bother to blow it up? You'll see what I mean   Does something slender tilted lurk beneath?

Yes and no.

Jerry

[DrLarry]

I am not sure I know how to blow up a png file I saved it but I cannot see anything under although it does seems thinner but that could be the angle of the camera maybe.  Having purchased about 150 1863's thinking them to be narrow or open LOL  I am expert at getting it wrong...still at least my error is gain for the charity box  I did eventually find 2 open threes by the way to complete that story.

 

[DrLarry]

9 minutes ago, jelida said:

Yes and no.

Jerry

man of many words Jerry 

[zookeeperz]

6 hours ago, jelida said:

Yes and no.

Jerry

typical Jerry answer  . dreadful pic but something going on there

[Rob]

Yes, the resolution is set too low. Needs more pixels. Actual rather than imagined evidence is far more convincing.

[zookeeperz]

56 minutes ago, Rob said:

Yes, the resolution is set too low. Needs more pixels. Actual rather than imagined evidence is far more convincing.

That's the guys coin in this post . best i could do with it as it was only tiny  

[bagerap]

Is this any clearer?

[DrLarry]

It is hard to say the main body of the 3 is more narrow than the normal 3's I have examined (n. 270) but within this population there is variation in the thickness sometimes it can be caused by corrosion not that I am saying this is corroded. The angle makes a hell of a lot of difference to how these things appear verses what they actually are.  The central spoke appears to have been knocked maybe thinning it I would look around the coin in this area for any compression marks.  The photo is thinning out the peripheral extensions of the 6 and the 8 in places which I also look for now to see if the image is the issue rather than the coin.  I cannot see any obvious depressions and rises the shadow areas are not obvious if they are there.  there is a darker area inside the three which might be concomitant with a bruise coming from below the 3.  A standard photo system might make our lives easier perhaps with a grid which would allow us to be able to see the width of numerals and design elements but I do it myself when selling I angle the light to give the best aspect of the coin, so it is a hard call.  On reflection I would say it looks standard and it is the image that is the anomaly not the coin. 

[DrLarry]

LOL this poor guy only came in to ask about value ...all of us analysing its every facet he must think we are a funny bunch.....are we? No need to answer that I will reflect on that too.  

[DrLarry]

10 hours ago, Rob said:

Yes, the resolution is set too low. Needs more pixels. Actual rather than imagined evidence is far more convincing.

OUCH!!!

[DrLarry]

Empirical evidence always is prone to result in at least some pain for someone ....just depends if you are the good end or the bad end of a blunt instrument.  I work using a strictly Popperian  model.  That is not to say that creativity is often the point of genesis of any good idea.