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 Replies: 8 / Views: 4,287 |
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New Member
Bulgaria
16 Posts |
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Valued Member
United States
288 Posts |
The coin looks to be authentic and grades at high XF by European standards and AU by US standards, a truly beautiful coin and very hard to come by in that grade. If it is authentic, the Krause Standard Catalog of World Coins 1701-1800 shows it for $200 in XF and $500 in Unc. It is not Unc and would be suspicious if it was uncirculated. I think you could get $250 to $400 if it was authenticated. possibly more. Just my opinion.
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New Member
Ireland
6 Posts |
Edge knocks devalue these coins and one is visible on your coin, near the 1 of 1797. The weight of the coin and the softness of the copper, these were very prone to edge knocks when dropped. However the coin looks about ef (british grade) and I would say between 180 to 280 USD. These are common enough on ebay.co.uk and most are not as good a grade as yours because of wear and edge knocks. Forgeries exist mainly from Asia. |
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New Member
 Bulgaria
16 Posts |
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Pillar of the Community
United Kingdom
856 Posts |
I think this highlights a very interesting difference in the coin market in the US and UK.
While the prices suggested might be reasonable in the US I'd say that they are rather high for the UK.
The problem is that these coins were not terribly practical. You'll know yourself the weight of it. Imagine a pocket full of ounces of copper. This means that quite a large number were put away in almost uncirculated condition.
And while they are popular with collectors (being unusual and, in high grade, very attractive coins) and many people would like one, British collectors are usually very fussy about condition and, in particular, the edges.
Sadly yours has quite a few clear edge knocks (and a few other dings) which I believe would substantially reduce what you'd get here in the UK. Hopefully one of the other Brit collectors like Peter1234 who have much more knowledge of the series will chip in. But I'd guess you'd be hard pressed to achieve more than £90 ($140) this side of the pond.
Which is in no way my saying it's not an attractive coin!
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Pillar of the Community
United Kingdom
2624 Posts |
Though a large number were put away the copper price exceeded the face value and having so much content surely many were melted? I think the vast majority of them are in considerably worse condition than that coin. I know mine certainly is. Also consider that British coins are generally far less expensive than US coinage (for multiple factors including the demand for American) Perhaps most Americans look at this coin and see the age and size of the thing and think "that's not much money for what it is" therefore being prepared to pay a bit more... us Brits have plenty of old coinage we can buy cheaply and look at it and think "that's all the money..." |
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Pillar of the Community
United States
593 Posts |
I have an old 1797 Cartwheel and some other coins my Grandpa brought when he came to the US back in the 1880`s as a boy in a sailing ship, He was from Somerset Shire County. He passed away in 1951 when I got these coins. The 1797 is worn almost slick, thanks for the recessed date and lettering or you wouldn't see it.
I also got 2 farthings dated 1860 and 1865 that are w/o hardly any wear. AU plus grading. Also I heard that one of the farthings has a rare variety. I don't have much info except the Krauss book which has limited info.
I have a bunch of Brit/Aussy coins to check and a lot of silver, copper etc. GeoVI to Victoria to look up
for info.
If any one can refer me a reference book to look up I would appreciate the help.
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Pillar of the Community
United Kingdom
2624 Posts |
Spinks catalogue of British coins is the go to book for British coinage. It is not the greatest for variety information though.
There are multiple varieties for both dates you mention.
Firstly the 1865 farthing has a normal variety, a variety with the 5 punched over a 2 and a third variety which has a smaller 8 in the date.
1860 has 6 varieties that I know of. The first has an obverse date (as per previous years) the next is the same as following years. The third has a border of beads, the fourth has a toothed border, the fifth is a mule with toothed and beaded on the same coin and then there was a proofed bronze coin too.
I hope this gives you some clue what to look for. If in doubt make a new thread and post photo's. Normally there is someone with knowledge and the inclination to share it.
Edited by DavidUK
12/10/2015 02:00 am
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Pillar of the Community
United Kingdom
1351 Posts |
The 2d cartwheel would grade less than VF.Probably GF or NVF £. Please bear in mind pricing books appear vastly inflated. I would expect £60 OR $90 would be realistic. Nice coin and better than most that appear on ebay. |
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Replies: 8 / Views: 4,287 |
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Posted 10/28/2015 8:45 pm
