1902 Edward VII Crown - British Grade And Value

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Author	Replies: 3 / Views: 1,666
plonker Valued Member United States 462 Posts	Posted 10/08/2016 8:11 pm Hello, I am wondering what would you grade the following 1902 crown and the value. It is graded NGC AU 58 and I paid $305 including the buyers premium at Heritage auction. Edited by plonker 10/08/2016 8:58 pm Report this Post to the Staff

wiamcim Valued Member Germany 55 Posts	Posted 10/10/2016 02:59 am For an AU58 which is a British EF it seems fairly steep. Checking XE.com that equates to £246, yet a recent auction at Londoncoins on the 4th Sept 2016 sold a UNC for £150, taking into account the commission of say 20% that's still only £180. You'd maybe be better off looking for raw and having it slabbed yourself. As the coin you bought already is slabbed I won't comment on the grade, but something must be wrong with it to be so low for what appears a nicer looking coin IMO. PCGS don't like marks in the fields, so perhaps that is the problem... Report this Post to the Staff
plonker Valued Member United States 462 Posts	Posted 10/16/2016 7:20 pm Thank you for the response. Pardon me, maybe I misunderstand, aren't you contradict saying the price is steep in the first sentence and so low in the second ? I do agree there are some marks in the field though . Thank you for the reference from londoncoins, since I am in US I usually have to pay postage and VAT as well as some fee for paypal. Report this Post to the Staff
rhino New Member United Kingdom 6 Posts	Posted 10/18/2016 04:52 am No, I think the opinion is that the price is steep but the grade is lower than would be expected. Clearly there is some marking on the coin so it is not 100%. I would say it is about uncirculated. I follow specific coins and this is one of them. In my opinion, from pricing on ebay, UK where lots of these coins are traded, the price you paid was reasonable, considering VAT paid, etc. I think it would sell at auction on ebay, UK for £180 - 230. A genuine uncirculated(100%) 1902 crown available for £150 was an opportunity missed. Should have sold for at least £250 in my opinion. Edited by rhino 10/18/2016 05:06 am Report this Post to the Staff
	Replies: 3 / Views: 1,666

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