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Replies: 19 / Views: 4,310 |
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Pillar of the Community
Australia
4411 Posts |
Having another look at it now and it is actually a ripper coin. Very nicely struck as the title suggests! Hope you win.
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Valued Member
 Australia
163 Posts |
Enworb, you're not wrong, I can't stop looking at it. Got a nice little spot for it in my type album. Unfortunately, I'll have to go to Coin Lovers Anonymous in the not too distant future if I keep it up.
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Pillar of the Community
Australia
4411 Posts |
Yeh I tried that and failed... badly  Lucky for you I dont get paid till thursday or I would be bidding against you!
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Valued Member
 Australia
163 Posts |
 $382. I didn't win, I would buy it at that price but not this point in time. I emailed the seller and he indicated the mark on the Kangaroo was on the mylar, not on the coin, which would have made the coin a Choice UNC+ if not a Gem. Oh well, maybe next time.
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Pillar of the Community
Australia
1295 Posts |
That seller is a known coin cleaner. I think you're better off not having won it.
That being said the price realised indicates that people think it might be a proof. It certainly looks like one. I don't like what I see in fields above the Kangaroo's tail and to the left of KG. Someone may well end up being burned.
Edited by markn 04/07/2012 6:24 pm
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Valued Member
Australia
157 Posts |
wow that is such a nice penny , I reckon it might be a proof , I wish I read this topic yesterday.I would have bid.
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Valued Member
Australia
157 Posts |
oops,ok markn will go check if cleaned, by the serial cleaner
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Pillar of the Community
Australia
7096 Posts |
Quote: That seller is a known coin cleaner. I think you're better off not having won it Thanks for the info Markin,I knew it didn't look "right" I just couldn't put my finger on why
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Valued Member
 Australia
163 Posts |
I was well out of the ballpark if people were bidding as if it were a proof coin. My bid was around a good Choice UNC, and only because of the nice strike.
markn, when you refer the above the tail and the KG, I can see the slight scuff mark. Is this what you are refering too ?
Apart from the Proofs in the 59, nearly all the 59's I've seen slabbed or unslabbed seem to have light to heavy streaky planchets. Could this be something else to look out for ?
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Pillar of the Community
Australia
541 Posts |
Quote: That being said the price realised indicates that people think it might be a proof. It certainly looks like one. I don't like what I see in fields above the Kangaroo's tail and to the left of KG. Someone may well end up being burned. Quote: wow that is such a nice penny , I reckon it might be a proof , I wish I read this topic yesterday.I would have bid. I'm surprised nobody mentioned that before, business strike 1959 pennies don't look like that. It's either a proof strike or a harshly cleaned business strike.
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Pillar of the Community
Australia
4411 Posts |
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Pillar of the Community
Australia
541 Posts |
You're absolutely right, it is a nice coin, but you should be careful, a brilliant mirror finish like that isn't consistent with an original 1959 business strike penny, they have a brilliant cartwheel finish. In fact, 99% of business strike pre-decimal coins are struck with a brilliant cartwheel finish, so if a pre-decimal (or early decimal) coin doesn't display cartwheel lustre, you should immediately question whether its been cleaned.
In this case however, you can tell its a proof strike by the surface curvature around the bust, that is a characteristic exclusive to the proof strike.
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Pillar of the Community
Australia
541 Posts |
 I've highlighted in this pic what I mean about the surface curvature, note the lines going towards the bust, this is caused by the intense strike pressure required to produce the proof strikes. It's not a characteristic of every proof, but it is a characteristic of the 1959 copper proofs (and to some degree the silver proofs).
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Valued Member
 Australia
163 Posts |
I guess I'm glad I didn't win it then. A proof coin would look a little unusual in a type album along with business strikes.
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Pillar of the Community
Australia
4411 Posts |
Would look unusual but spectacular!
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Replies: 19 / Views: 4,310 |
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