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1887 British Threepence Value

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Dith Pran's Avatar
United States
283 Posts
 Posted 02/08/2016  12:10 am Show Profile   Bookmark this topic Add Dith Pran to your friends list Get a Link to this Message Number of Subscribers
I don't know much about these coins, but I decided to pick one up for my world coin collection. It's graded ms64 by PCGS. Does anyone know what a good price for this coin would be?

1887-British-Threepence-Value
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 02/08/2016  06:27 am  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
These tables http://www.coins-of-the-uk.co.uk/values/three.html show a cost of £10-£20 (Say US$15-30)

The one you've shown has some surface marks on the obverse, a couple of carbon spots and some rim marks which might drop it down towards the lower value in the UK. But then such marks probably don't show much on a small coin unless you look at it under magnification.

Of course, buying in the US is a different matter and people are more influenced by TPGS grade than in Britain. I see NGCs website suggests $150 for MS60 .. which in the UK would be ridiculous, but perhaps someone paid that?

Personally, it looks like a pretty little coin, though these are not a series I collect. But I wouldn't pay more than $65 myself. I seem to remember the asking price is higher than that though?

Ultimately it's down to whether you like the coin, have the money and what is available to you as an alternative. Having said it's a bit pricey by UK standards, the price compares with examples say on vcoins...

Just remember, these are not rare coins and many were preserved pretty much as they were brought into circulation. Sometimes it's worth keeping looking?
.
Edited by Tom Goodheart
02/08/2016 07:04 am
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Biedercoins's Avatar
United States
1602 Posts
 Posted 02/08/2016  06:32 am  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply
Sorry, can't help with the value, but do you know when this was graded, i.e., did you look it up on PCGS's site? With the spots and stuff I wonder why they graded it ms, unless the distractions emerged since grading. Not a very attractive Vicky, is it.
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Dith Pran's Avatar
United States
283 Posts
 Posted 02/08/2016  3:11 pm  Show Profile   Bookmark this reply Add Dith Pran to your friends list Get a Link to this Reply
I think it's a pretty coin. I paid $60 for it. I'm pretty sure the coin looked like that when it was graded. I'll wait to see what it looks like in hand. But I'm pretty happy with it.
Pillar of the Community
United Kingdom
1351 Posts
 Posted 02/08/2016  6:41 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Book price for this coin is EF £6 UNC £20
and I wouldn't pay book price.It has problems as TG mentions.
The value in the US seems greatly inflated.
UK value would be nearer EF than UNC.
At the end of the day if you are happy with it that it is all that matters.
With its problems I would doubt CGS would slab it ..but bear in mind buy the coin and not the slab.
Pillar of the Community
United Kingdom
1351 Posts
 Posted 02/08/2016  6:49 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
http://www.ebid.net/uk/for-sale/188...Ey0wod8VgIJw

This is available after a quick search.
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rob_ccs's Avatar
Australia
36 Posts
 Posted 03/20/2016  06:31 am  Show Profile   Bookmark this reply Add rob_ccs to your friends list Get a Link to this Reply
I wish I lived in the US of A - my collection would be worth WAY more.
Elsewhere, we'd expect to see a lot more of the lace showing on the obverse for a coin to be graded Unc - let alone MS64 (likewise the horizontal stripes on the big reverse 3). On the other hand the badges are unusually nice - it would be interesting to see what PCGS's criteria are. (In Australian pre-decimals, gradings seem to depend only on the pearls on the crowns - though this seems to be a pretty good indicator in general.)

personal opinion? gEF or aU
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trout1105's Avatar
Australia
7096 Posts
 Posted 03/20/2016  07:02 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I wish I lived in the US of A - my collection would be worth WAY more.
Elsewhere, we'd expect to see a lot more of the lace showing on the obverse for a coin to be graded Unc - let alone MS64 (likewise the horizontal stripes on the big reverse 3). On the other hand the badges are unusually nice - it would be interesting to see what PCGS's criteria are. (In Australian pre-decimals, gradings seem to depend only on the pearls on the crowns - though this seems to be a pretty good indicator in general.)

personal opinion? gEF or aU


I have only been collecting Maundy coins for just over a year and I have had about 80 of them graded by PCGS so far, So I have some idea of how they will grade.
This coin could be a circulation strike but I suspect by the look of it is a Maundy coin.
The Maundy coins for 1887 were produced with a proof like finish and usually retain a great deal of that lustre although some of them were softly struck.

The strike and the amount of lustre which this coin probably has is why it gained a MS64 grade from PCGS.

This is an image from the PCGS Pop report page of a MS65 example.

1887-British-Threepence-Value
Edited by trout1105
03/20/2016 07:03 am
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