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 Replies: 49 / Views: 5,844 |
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Pillar of the Community
United States
1656 Posts |
I recently got a 1925 penny that is a solid XF with all 8 pearls and center diamond boldly showing. My Krause shows it at $1,100 in that condition.
I have not been able to find any for price comparisons. I saw several F and VF examples that sold close to book value, but it's a huge catalog value jump from VF to XF. Just wondering what they are realistically worth in this grade.
Thanks folks.
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Valued Member
Australia
243 Posts |
As the 1925 penny is quite popular, it would probably sell close to catalogue value or above it depending on eyeappeal.
Edited by enoilgam
01/05/2012 10:08 pm
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Valued Member
Australia
191 Posts |
We want pics  |
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Valued Member
Australia
191 Posts |
Oh I should have said that alot depends on the patina (has it been cleaned?), also if it is a broken N or not variety and the rims (are there nicks/dents). EF 1925 pennies go from $400-700, they don't come close to cat value until they get to aUNC or better in my experience.
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Pillar of the Community
 United States
1656 Posts |
Here are the pics. The coin has original surfaces/patina. The rim has one or two tiny dings and there are also a few small dark spots on the surface. I guess it's not the best as far as eye appeal, but still looks pretty appealing to me. =) I've been told values of anywhere from around $400 to $1,000, but most of those people were not specialized in coins of this series. The highest values I got were from such persons (not specialized in Aussie coins). dcoin's value range makes sense, hopefully the pics can narrow it down some. I actually picked this one up for $35, but I told the seller it was worth much more and I'd pay them extra after seeing it in hand. Just not sure how much more to pay them. Thanks again!    |
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Pillar of the Community
United States
1656 Posts |
dcoins: None of the N's on either side appear to be "broken". At least, they look like normal N's to me.
Just out of curiosity, how would that affect the value?
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Pillar of the Community
Australia
1014 Posts |
How did you get someone to sell it to you for 35 :o
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Pillar of the Community
Australia
7096 Posts |
I have serious doubts about this coins authenticity. It does not look kosher, There are a lot of blobs ect on the reverse that should not be there. The numirals in the date look all wrong as well. Also that "mole" above the eybrow where did that come from? here is one of mine next to your coin.   Edited by trout1105
01/06/2012 01:42 am
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Pillar of the Community
Australia
7096 Posts |
Can I ask where you bought this?
Even a low grade 1925 penny will bring 100 to 150 dollars.
If and it's a big IF this coin is genuine it has a book value of betweeen $2350 and $7750.
Most people when they want to sell a coin they have no knowlage of will google the date and type of coin.
If you punch in 1925 australian penny to google, you will have a fair idea of its value and certainly would not sell it for $35.
# things could have happened here.
1 The seller didn't care or bother to do his/her homwork on this coin.
2 The seller knows it is a fake and sold it anyway.
3 The seller has just escaped from an asylum somwhere.
Edited by trout1105
01/06/2012 01:55 am
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Pillar of the Community
Australia
518 Posts |
Yes I find $35 a little dodgy, where from if you don't mid me asking?
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Valued Member
Australia
191 Posts |
I'm no expert as to if the coin is genuine or not, however in my view I would grade this aUNC/EF, the reverse is quite nice, PCGS would probably grade it AU53 (assuming it's genuine). The purple penny (australian coin dealer) has been trying to sell a AU53 1925 penny graded by PCGS for around $1,500 and it hasn't sold at this level, I would say your coin could easily command $800-1400.
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Pillar of the Community
United States
1656 Posts |
Well, the person I bought it from was looking at book value, but considered it a damaged coin. When I originally purchased the coin there was a lot of glue or other adhesive stuck onto it. The seller was aware of the value, but was selling it as damaged. I purchased it on ebay actually, and the pictures were not so good. I thought what I saw in them was corrosion, but was told it's not. The seller wanted to cancel the transaction because they did more research and realized it was more valuable than they first figured it to be. That's when I said I would pay them extra if their story was true. Once I got it 'twas indeed adhesive, which I easily removed without affecting the surfaces. There are still a few remnants left, such as the blobs mentioned, but I haven't done the microscopic portion of the restoration yet. None of this restoration will actually be noticeable, since luckily the issue was sitting on top of the surface instead of becoming one with it. From the other examples I've seen online, there is some variation in the thickness of the date and other legends. I've always chalked that up to wear and/or die state. Edited by Numismat
01/06/2012 02:56 am
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Pillar of the Community
Australia
7096 Posts |
I would send this into PCGS and get it authenticated. If it gets authenticated you are on a real winner  If not you are only out a few bucks. |
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Pillar of the Community
Australia
1014 Posts |
Maybe take it to a reputable dealer to confirm it's real? Then you can pay them extra or something :)
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Pillar of the Community
United States
1656 Posts |
I have no doubt about authenticity, I mean just look at it. I've never seen or heard of a counterfeit that can replicate the details of the high profile strike on these coins this closely. I suppose a modern laser-cut die can, but it would still have tell-tale signs of being a modern piece.
I'm planning on keeping this one and don't see any point in having it slabbed. I like my coins raw. =)
There is still the issue of how much more to pay the seller, and I hope to get a consensus on a fairly narrow value range.
Thanks again everyone!
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Valued Member
Australia
191 Posts |
Having a closer look them are some rim knicks and a couple of dings in the edge, there is also some traces of green left of the coin (which shows it has been cleaned at some point, but not harshly, just taking a cotton bud to remove some green and/or adhesive isn't the worst thing ever). If you send it to PCGS they may not grade it due to the rim knicks however they would be able to authenticate it is genuine, if I was you I would find a dealer in the USA who knows something about international coins, if it is genuine and you don't make 20 times your intitial investment i'd be suprised.
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Replies: 49 / Views: 5,844 |
Posted 01/05/2012 10:24 pm
