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What Grading Would You Give For This 1930 Penny?

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ttkoo's Avatar
Australia
2529 Posts
 Posted 06/18/2022  5:20 pm  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply
Agreeing with the comments above.

Just reading Dr Google.....The R in Britt.....the second leg looks rounded off as would be seen on the English Obverse. The Indian Obverse has a more upward curved end with a point. As only a couple of of London Obverse 1930 pennies have been sighted and authenticated that would put the chance of this being genuine at around 1500 to 1.
XAG, I don't imagine that you have the coin "in hand". But it would be worth the exercise in checking some of the known markers for a real 1930 against this specimen.



The Ox moves slowly, but the Earth is patient.
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Basil's Avatar
Australia
1040 Posts
 Posted 06/18/2022  7:25 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply
No need to waste time on this Coin,the zero in 1930 tells all.

Anyone using that letter to sell this Coin will be up for Fraud in NSW & Qld,and I think Vict.,not sure about the other States.
Edited by Basil
06/18/2022 8:26 pm
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ttkoo's Avatar
Australia
2529 Posts
 Posted 06/20/2022  12:52 am  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply

Quote:
Could you possibly suggest a respected industry grader to take the coin to have it graded and authenticated?

I am located in Adelaide and Queensland. Many thanks



.XAG, back to your original question, I take it you're fly in fly out.
If you're in Adelaide on break, and Mawson Lakes is not out of your way, drop in to The Purple Penny. Have a chat with Mark and he will put you straight. I took a swag of stuff to him and he was straight up about what I had. Mark is also a member of this CoinCommunity.
Their website will give you the info you need about location and opening hours.
The Ox moves slowly, but the Earth is patient.
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jack108's Avatar
Australia
20 Posts
 Posted 07/04/2022  10:41 pm  Show Profile   Bookmark this reply Add jack108 to your friends list Get a Link to this Reply
Looks fake to me...
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stevo1962's Avatar
Australia
908 Posts
 Posted 07/06/2022  07:43 am  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
The coin pictured is not the coin that came with the letter
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Basil's Avatar
Australia
1040 Posts
 Posted 07/09/2022  8:41 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
The coin pictured is not the coin that came with the letter


Yes,old scam,i have a magazine from the 1960's where tricksters used a letter to sell fake 1923 halves in Sydney.
They had a letter of authenticity from a well known Dealer for a genuine 1923 and used that to sell the fakes.
They had an ad in the SMH on a Saturday and moved the Coins on a Sat. afternoon or Sunday and gone by Monday so there was no way for the buyers to check.
They came unstuck when a Dealer smelt a rat and took a photo of the 2 sellers,not only that he had the private number of the Dealer who provided the LoA .
Edited by Basil
07/09/2022 8:42 pm
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Australia
4 Posts
 Posted 07/12/2022  9:26 pm  Show Profile   Bookmark this reply Add XAG to your friends list Get a Link to this Reply
Update.

Thanks to everyone for their input. So I ended up passing on this particular example due mainly to time constraints regarding having the coins authenticity verified and graded. The coin did end up selling for 6k to another buyer. Whether this particular coin was authentic or not is something I guess we'll never know.

Thanks again to everyone for their input.
Edited by XAG
07/12/2022 9:27 pm
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ttkoo's Avatar
Australia
2529 Posts
 Posted 07/12/2022  11:46 pm  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply
only $6,000
another red flag
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Princetane's Avatar
4628 Posts
 Posted 08/12/2022  01:10 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Good on you XAG.

You made a wise decision. Best to err on the side of caution. The right coin will come along eventually.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/12/2022  11:51 am  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Very interesting discussion/input...great numismatic education. Thank you all.

KK
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