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A Strike Issue With An Edward I Penny

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billjones's Avatar
United States
1499 Posts
 Posted 03/13/2016  3:08 pm Show Profile   Bookmark this topic Add billjones to your friends list Get a Link to this Message Number of Subscribers
Here is a rather nice Edward I penny, S-1408. The piece has good color and surfaces, and it has excellent centering. The incuse "X" on the obverse comes from the cross on the reverse. When the piece was struck the planchet or flan was so thin that the metal flowed to the reverse and left the indents on the obverse.

From the technical grade aspect, I would think that this piece qualifies as a British VF at least. If this were a U.S. coin it would grade Choice EF very easily.

Still how does the strike, which is a mint caused issue, effect the value? As sophomoric (wise-fool) U.S. collector of British coins, I'm curious. Thanks for your replies.

A-Strike-Issue-With-An-Edward-I-Penny
A-Strike-Issue-With-An-Edward-I-Penny
Edited by billjones
03/13/2016 5:50 pm
Pillar of the Community
United Kingdom
1351 Posts
 Posted 03/13/2016  10:18 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Hi Bill
I like the coin.
I think VF- for UK value/wear.
The eye appeal helps and no I don't think the loNGCross image on the obverse is a problem,it is what it is.
Each one is a one off.
I haven't checked my North so I won't comment on it being a S1408.Being born in Bury St Edmunds (still my local Town) I tend to steer clear of the commoner London (yours) and Canterbury mints.
As you are aware hammered are rare in slabs and not my thing and tricky to attribute a grade.If it was slabbed I would soon release it.
I always go for eye appeal (strike,well centred ETC) and yours certainly has this.
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billjones's Avatar
United States
1499 Posts
 Posted 03/14/2016  1:46 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
Thank you for your response Peter. My goals are a bit different from yours since I am looking to collect at least one coin from each king. The mint does not matter to me, and if buying pieces from the London or Canterbury Mints keeps the price lower while affording opportunities to buy higher grade pieces, I'll go for it.

As a U.S. collector some of us get tired of the Philardelphia Mint which was long the "head office" with the largest mintages and best quality coins in many instances. I collect coins from the Dahlonega, Georgia and Charlotte, North Carolina Mints which produced only gold coins from 1838 to 1861. The U.S. Civil War put them out of business along with lower than expect gold production in the southern goldfields. Still Charlotte and Dahlonega coins are an acquired taste with often crude strikes, often great rarity in TRUE Mint State and some high prices.

As for slabbing its a part of life in the States. Many U.S. coins that are not not slabbed ("raw" is the current term) have not been certified because they have problems. We also have a growing counterfeit problem to deal with. Thc Chinese are very active. I have a number of slabbed British coins, but I'll buy a raw piece if I like it.

It's been good to communicate with you. I hope to do so again.
Edited by billjones
03/14/2016 1:47 pm
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