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How Do You Grade Colonial Type Coins?

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macmercury's Avatar
United States
5825 Posts
 Posted 06/13/2012  11:21 pm Show Profile   Bookmark this topic Add macmercury to your friends list Get a Link to this Message Number of Subscribers
I am looking to part this NY cent, but with my very limited experience, I am in need of help, fair value in selling?

How-Do-You-Grade-Colonial-Type-Coins?

How-Do-You-Grade-Colonial-Type-Coins?
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/13/2012  11:47 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
That coin has nothing to do with New York, VOC= Dutch East India Company which operated in Asia until the late 1700s.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 06/13/2012  11:50 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
This coin is a copper duit of the Dutch East India Company VOC: Vereenigde de Oost-Indische Compagnie. They circulated in the area of what was known as Batavia, most of which is now known as Indonesia.

Technically, it is a milled coin, not a modern machine struck coin, and has similar but not the game grading requirements.

With ancient coins, such things as the sharpness and evenness of strike, the centering of the strike on the flan, the quality of the flan, corrosion, as well as wear, contribute to the grading.

These considerations play a minor part in the grading of milled coins, and a more major part in the grading of ancients.

This coin would grade in about very Good condition.
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macmercury's Avatar
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5825 Posts
 Posted 06/14/2012  12:05 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Thanks Bio and Sel,

I saw the same coins on ebay that listed this as NY cent, is it because it was circulated around there at that time period?
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IndianGoldEagle's Avatar
United States
36710 Posts
 Posted 06/14/2012  12:07 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
The 5 pointed star at the top denotes the Utrecht Mint.
I think you can usually pick these up in the $2-4 range for a VG.
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IndianGoldEagle's Avatar
United States
36710 Posts
 Posted 06/14/2012  12:09 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Many of these old European coins circulated on the east coast and were brought in by sailors.
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macmercury's Avatar
United States
5825 Posts
 Posted 06/14/2012  12:25 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Thank IndianGoldEagle,

I am going to put this on ebay soon.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/14/2012  12:49 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
The VOC duit should not be considered a European coin, it was only minted for use in colonial Asia and it was not legal tender in Europe or the Americas. There are a few unscrupulous sellers on ebay that try to capitalize on the colonial connection but they leave out they fact that VOC colonial operations were not in the Americas.
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