1920 Penny - London Dot Above Lower Scroll?

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Author	Replies: 16 / Views: 4,426	Page: of 2
mike2017 New Member Australia 29 Posts	Posted 07/22/2019 7:17 pm Hi to all, Is this 1920 Penny as rare and valuable as I think? Please leave you're opinion an thoughs to help me identify (; Report this Post to the Staff

Basil Pillar of the Community Australia 1040 Posts	Posted 07/22/2019 7:37 pm Yeah,extremely rare if genuine,only a handful of English Obv. DOLS have been ID. Really need a better/clearer Pic. of the Dot,USB microscope is the best. Edited by Basil 07/22/2019 7:39 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 07/22/2019 8:22 pm Agree, these pics are of little value. to the CCF! Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/22/2019 8:34 pm Thanks, I understand the quality of photos are poor. I was just excited of the possibility holding a such rarity (; I will upload more images an try to capture the markings needed. Report this Post to the Staff
nealeffendi Pillar of the Community Australia 852 Posts	Posted 07/23/2019 04:14 am Hi Mike . The line through the D (FD) is a good marker for the variety and I think yours has it (better photos would help). And more than a handful have been identified (about 30) so still rarer than every other pre decimal after the 1930 English. Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/26/2019 7:00 pm Thanks for the input guys! here are few more photos with somewhat more detail Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/26/2019 7:12 pm Report this Post to the Staff
nealeffendi Pillar of the Community Australia 852 Posts	Posted 07/27/2019 01:51 am Congrats, a genuine and problem free ./ English. Will you be getting it graded? Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/27/2019 05:41 am Hey great news!! Nealeffendi thanks again for you're help and taking the time to view this rarity. I haven't yet had a coin sent for grading I'm guessing PGCS would be the better option.. Any knowledge or opinion what my next step would be from here would be much appreciated or if anyone viewing this post may have any idea the near to value of this coin? Thanks again to all Report this Post to the Staff
coaster Pillar of the Community Australia 1364 Posts	Posted 07/27/2019 06:32 am Congrats Mike! If you don't mind me asking, how did you come across this rarity? Report this Post to the Staff
Mr T Pillar of the Community Australia 2180 Posts	Posted 07/27/2019 9:32 pm Very nice. Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/27/2019 11:39 pm Thanks for the interest an replies I actually purchased it from one of the most common main stream selling sites which had listed 3 1920 Pennies cost being low to average as the seller didn't have knowledge of rarity in the listing. I've searched for several yrs for this coin and was sure I wouldn't acquire one. I have 100s of 1920 Pennies an now feels worth the time and research. I'm not sure this 1920 verity will become more scarce an valuable or further specimens will arise. Should I hand down next generation or get value from its rarity now? haha thanks again for reading Report this Post to the Staff
Mr T Pillar of the Community Australia 2180 Posts	Posted 07/28/2019 10:45 pm Lucky. Hard to say - I'm sure more of these will be found but I think it's still something of a niche thing - it's not listed in the main catalogues so the people who know about it and are willing to pay for one isn't as high. Report this Post to the Staff
mike2017 New Member Australia 29 Posts	Posted 07/30/2019 08:16 am Thanks for all the feedback. I can not find very little past sales of this rare penny an not much information on the value or auction sales an pricing. Anyone help on their opinion of value and how an where should go about selling? Thanks to all.. Report this Post to the Staff
autocoupler New Member Australia 42 Posts	Posted 07/30/2019 10:45 am Obviously the key thing to consider is grade, and not being an expert, I guess your coin would grade somewhere around almost fine using the Australian adjectival standard. Slabbed coin grades are popular these days, and using PCGS as an example, it may grade VF20 IMO. For value, my records show several sold at auction since 2006. The following prices have been rounded to the nearest zero, and do include commission. 2006 - f or PCGS VF25 - VF30 - $3100 2014 - f or PCGS VF25 - VF30 - $2500 2015 - aVF or PCGS VF35 to XF40 - $2880. I think it was later graded AU50BN by PCGS. 2016 - gf or PCGS VF35 - $3800 2017 - f or PCGS VF25 - VF30 - $3600 As Mr T has already said, this coin is not mentioned in any of the Australian pricing catalogs, which is a shame and is one reason why it's not as well known as it should be. The real shame of it all from my perspective is that people who hold rare varieties such as this may not know what they have, and often unwittingly sell them for peanuts. There are many other Australian penny major varieties ignored by the catalogs as well, although, PCGS has shown the way in recent times and included the full list in their Set Registry. Typical that a foreign entity has yet again one upped the locals, nothing new for many things that go on in Oz. Report this Post to the Staff
Mr T Pillar of the Community Australia 2180 Posts	Posted 07/31/2019 05:50 am I agree with value somewhere in the low thousands. Not sure about the best avenue for sale - I've seen at least one on ebay (which I assume will let you keep the most out of all your options). Report this Post to the Staff
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