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Replies: 15 / Views: 7,101 |
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New Member
Greece
22 Posts |
I sent the coin to NGC for grading and the coin come back as Narrow shield. Shall I keep it as it is?   *** Moved by Staff to a more appropriate forum. ***Edited by akcollector 12/25/2016 04:50 am
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Bedrock of the Community
Australia
21788 Posts |
According to Coincraft's 1998 Standard Catalogue of English & UK Coins 1066 to Date, the 1843 Sovereign may be a pattern. A poor quality picture of it is shown in the Catalogue, as Reverse 2. This distinct type is listed for one year only.
In UNC. condition, it has a listed 1998 value of 5,000 Pounds.
This publication makes many warnings of other sovereigns that many forgeries exist. Same has happened with ALL dates of U.S. gold. Get it checked bu a professional (preferably British) numistmatist who really knows his game. That is despite the fact that it is already slabbed. Too much value here for the slabbing opinion NOT to be confirmed !
If I were to buy it, I would like to see the provenance record and the slabbing record, kept this photograph and had it broken out of the slab for a very accurate weighing. I would also need the slab checked for authenticity. To my eye, this one appears to be quite genuine, but I have to admit I am not an expert in this field.
Edited by sel_69l 12/25/2016 07:07 am
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Pillar of the Community
United Kingdom
2624 Posts |
If its too good to be true it usually is...
Maybe a the metal composition can give a clue if you can get access to an XRF metal analysis machine...
I'll cross my fingers for you though.
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Rest in Peace
United States
17900 Posts |
 It's a beautiful example. The left aligned label indicates it's been graded this year. NGC seems to have become considerably stricter on their grading in this last year. The 62 on this looks like a 63 to me, but it's a wonderful example, either way. As has been recommended, this really needs to be seen by an English expert.
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New Member
 Greece
22 Posts |
The coin is authentic.I was the one who sent it for grading The problem is that this type is not a narrow shield type. It was characterized as narrow shield by mistake by NGC Her some picture from the coin before I sent it to NGC  
Edited by akcollector 12/25/2016 2:35 pm
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New Member
United States
2 Posts |
This is not the first time NGC has done this. See Stack's lot 22500 2016 ANA sold for $400 also by NGC as Narrow Shield. For the novice, the difference in the shield and rosette may be subtle. Instead, see how the ends of the wreaths extend above the shield and are completely different from normal in both the 1838 and 1843 narrow shield reverse. 
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Bedrock of the Community
Australia
21788 Posts |
It is interesting to note the die crack in the second 'N' of BRITANNIARUM in the Stack's coin. Perhaps this may be the reason why the 1943 Narrow Shield is so rare.
The faces of the three lion passants (top LH quarter), and the face of the female on the harp frame are more distinct in the Stack's coin.
(British) Coin Yearbook 2011 lists 1843 Narrow Shield at 5,500 Pounds in VF. Tony Clayton lists 1843 Narrow Shield at 10,000 Pounds in VF.
Stack only got $400 for that example. Why the difference to the catalog price listings? Is that all it's worth? Is $400 the correct value?
All of the above is certainly not a situation to get overly excited about, but serious investigation of provenance and confirming authenticity OUT of the slab certainly is. NY_Coin_guy: Thankyou for the pictures.
Edited by sel_69l 12/26/2016 01:03 am
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New Member
United States
2 Posts |
Folks, I think, with respect, that some of us are missing the point of the post of our friend from Greece. NGC got the attribution wrong. It happens sometimes. The coin is unquestionably the normal variety. He wants to know if he should crack it, and IMO he should. Also, if someone ever claims to NGC that they paid the very high price of the rare variety for it and asks for a refund at NGC, it will come back to him in a bad way. If it it were mine, I would write to the head foreign grader at NGC and ask him to re-slab it and to pay for postage both ways as well. He will owe you a big favor, too. That's my 2 cents worth.
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Bedrock of the Community
Australia
21788 Posts |
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New Member
 Greece
22 Posts |
I will keep the slab as it is. This wrong Label from NGC add extra value.
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Pillar of the Community
Australia
7096 Posts |
Quote: I will keep the slab as it is. This wrong Label from NGC add extra value. As you are well aware that this coin has been wrongly attributed it would be dishonest of you to sell this as a narrow shield coin. 
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New Member
 Greece
22 Posts |
I do not want to sell this coin as Narrow shield. I know that many collector pay a lot of Money with this kind of mistakes Anyway it is a beautiful uncirculated gold sovereign
Edited by akcollector 12/31/2016 05:05 am
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Pillar of the Community
Canada
1049 Posts |
The unfortunate part about leaving this coin slabbed as it is it will bring a bad situation to itself and it's future owner, be it by theft from you or even left in your will. It will then become open market material and somewhere along the line it will take someone that is perhaps less knowledgeable with such varieties.
As a coin collector and also a guardian as we all are of numismatics would it not truly be your duty to get this resolved to save any future bad situations for someone with this wrong attribution?
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Bedrock of the Community
Australia
21788 Posts |
Trout, ole boy: I totally agree with you!
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New Member
Greece
2 Posts |
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Bedrock of the Community
13014 Posts |
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Replies: 15 / Views: 7,101 |
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