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Gothic Crown 1847 Queen Victoria Great Britain

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Pillar of the Community
New Zealand
1480 Posts
 Posted 09/18/2020  05:17 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Re reading this thread, Down Under I think you are right, that coin looks genuine and its a nice example, EF or so. But the way you bought it seemed fishy, the price you paid is about right and maybe it was just someone wanting some liquid cash in this age of Covid.

People lose jobs, and for once its the middle and upper end losing jobs rather than precariats like me (Although my job has been secure and led to me buying an explosion of worn and average English silver coins this year). So once you have lost your job, in many cases the first thing to go are the assets and this includes rare and expensive coins.

He may have made you the offer he could not refuse, because he may have spent that grand you paid him before you even said yes.

Yes you got lucky and I envy you with such a nice coin - but in the future that strategy just may bring a dud.
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
Valued Member
United States
147 Posts
 Posted 09/18/2020  08:50 am  Show Profile   Bookmark this reply Add daltonista to your friends list Get a Link to this Reply

Princetane, my thanks for the vocabulary expansion!

My wife's not too thrilled, however, by what I've been singing all morning:

"This is the dawning of the Age of Precariats..."



But to illustrate your point, I acquired my first Gothic Crown, a lovely toner, in 1960 in a trade with a schoolmate whose father was a mid-level diplomat from Western Europe. In return, my pal got ten gorgeous Morgan dollars that I'd been cherry-picking for several years from rolls obtained over the counter at local small-town Long Island (NY) banks.

Twenty years later, I'd added a Ph.D., moved 3,000 miles west, taken on a wife and two kids, and in a fast-moving moment of opportunity the Gothic Crown had to be converted into part of a down payment on a monster house mortgage. In retrospect, I made a choice to "need" the money, so took a beating in seller's fees on the Goth and my other British World rarities.

Collecting coins, I've learned, is often a matter of resilience.
"I ain't good-looking, but I'm willing to try."
--- Dave "Snaker" Ray: 'It's All Right,' 1963
Valued Member
United Kingdom
396 Posts
 Posted 10/15/2020  06:15 am  Show Profile   Bookmark this reply Add zookeeperz to your friends list Get a Link to this Reply
Rule of thumb for your future purchases @ CrownDownUnder. Anything with a price tag that makes the eyes water if it doesn't come with provenance (cert of authenticity or history of past owners). It is a very dangerous purchase. Yes the odd 1 or 2 may well be the real deal but 95% will get you burned. Every coin I purchase I take a copy of the image and put it against known authentic coins. Then I find as many that have sold as I can to get an idea of price versus coins condition . That old saying is very true for the most part ."If it looks too good too be true it probably is". Glad you dodged a bullet. But There's not one of us that hasn't fallen foul to dodgy coins in our early days of collecting. It becomes a steep and very quick learning curve when it hits your pocket. First 200 you should spend on coins is the books and reference material that helps you avoid all the above.
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