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 Replies: 13 / Views: 1,423 |
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Valued Member
Canada
80 Posts |
Hello :) Grade? Authentic? Original Mint Luster or Cleaned?   Thanks! Edited by MarcusCoins
03/12/2016 3:28 pm
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Pillar of the Community
United States
1499 Posts |
I can't claim to be the biggest expert when comes British since I've only been collecting it for about three years after 50+ years with U.S. coins. I'd say the piece is definitely genuine, but unfortunately someone really messed it up by cleaning it. The coin has EF or AU sharpness, but there is a odd three line scratch running down from the "I" on the right side of the reverse. That may or may not have been there before the coin was cleaned. If the coin was high grade before it was cleaned, that was a shame. As the copper people say, the coin could use the expert hand of someone who retones copper. My way would be to put it in an non envelope that still has sulfur in the paper and wait 5 or ten years. When I was younger that method worked pretty well, but I'm old now and might not have the time to wait.  |
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Pillar of the Community
United Kingdom
2490 Posts |
Probably not good.
Armour on shoulder quite prominent (epaulette), eyebrow is not.
Stop after GEORGIVS is too far left.
The reverse on the other hand does look perfect.
Still, I don't like it.
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Valued Member
 Canada
80 Posts |
That last reply was in response to the authenticity question?
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Pillar of the Community
United States
1499 Posts |
If that half Penny is bad, it certainly is a well made counterfeit. I guess I am used to the poorly made American counterfeit half pennies that flooded the U.S. economy in the 1780s. Of course many of them were made intentionally weak to get people to accept them. If something looked used someone else must have accepted it, so it must have been good.
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Valued Member
Canada
80 Posts |
How much would you estimate it to be worth (assuming it's authentic)? Something like 600$ USD? More, less? It trend 1100$ in MS60 according to NGC.
And how would the value change if it was re-toned properly?
And thank for all the input!
Edited by MarcusCoins
03/13/2016 10:44 am
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Pillar of the Community
United States
1499 Posts |
Given the fact that the coin has been cleaned, the values would not be anywhere near the numbers you cited. Looking at my two year old Spinks book, the 1770 halfpenney is listed at 15 pounds in Fine and 65 pounds in VF. The retail value would be closer to the Fine price given the cleaning which is something like $20 to $21 USD.
The other collector who responded this message believes that the coin is a counterfeit. If that's true, it's either worth nothing or perhaps worth something as a contemporary counterfeit. Evaluating contemporary British counterfeits goes way beyond my expertise.
The message that I must leave for you is - Cleaning kills the value of coins. Just don't do it.
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Valued Member
Canada
80 Posts |
Quote:
The coin has EF or AU sharpness, but there is a odd three line scratch running down from the "I" on the right side of the reverse. Wouldn't the cleaning then bring the value down to the EF at around 300$? And then re toning it over five years might help the value a bit? Edited by MarcusCoins
03/13/2016 11:26 am
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Pillar of the Community
United Kingdom
856 Posts |
There are some similar coins that sold here: http://www.londoncoins.co.uk/?page=...searchtype=1This one for example, rather better than yours and uncleaned, sold for £150 (US$ 215)  I reckon $300 for yours is way out I'm afraid. Certainly if you sold it in the UK. . Edited by Tom Goodheart
03/13/2016 11:48 am
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Pillar of the Community
United States
1304 Posts |
Quote:
Something like 600$ USD? More, less? It trend 1100$ in MS60 according to NGC. These prices are absolutely ludicrous. These are Krause catalog prices and are highly inflated. Quote:
Wouldn't the cleaning then bring the value down to the EF at around 300$? And then re toning it over five years might help the value a bit? $300? No chance. http://coins.ha.com/itm/great-brita...ption-071515The coin at the link above sold for $423, problem free, Red Brown, UNC. It didn't sell for over $1100. |
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Pillar of the Community
United Kingdom
1351 Posts |
Due to the cleaning about £10 maximum.
You really can't repair this type of abuse.
If uncleaned maybe £50 no more.
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Valued Member
Canada
80 Posts |
Many thanks to all the responses. My dreams of of a thousand dollar beauty are dashed, but I at least have learnt my lesson ;) For 36$ USD it wasn't a horrible rip off, but I think I'll give the ebay seller heck for having listed this uncirculated (even I know this to be obscene) |
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Pillar of the Community
United Kingdom
1351 Posts |
I've just noted the gouge on the reverse so my figures above are now halved.
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Pillar of the Community
United Kingdom
1351 Posts |
Ah well you learn't a lesson cheaply. If the ebay seller is a novice go easy, but explain the error of his ways. |
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Replies: 13 / Views: 1,423 |
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Posted 03/12/2016 6:04 pm
