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Found Two Interesting Coins

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United Kingdom
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 Posted 02/10/2020  3:02 pm Show Profile   Bookmark this topic Add Arw2 to your friends list Get a Link to this Message Number of Subscribers
Hello. I live in England and I found a Spanish coin - 1864 -,25 cent. Queen Isabel bronze coin.
Any help with valuation for sale would be really helpful.

Also I have a thick bronze coin with Britannia on one side and Grex on the other. It's worn and I wondered if it has any value?
Thank you community for any advice offered.
Found-Two-Interesting-Coins
Found-Two-Interesting-Coins
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jbuck's Avatar
United States
188660 Posts
 Posted 02/10/2020  3:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your post was moved to the appropriate forum for the proper attention.
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Russian Federation
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 Posted 02/10/2020  4:36 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
Also I have a thick bronze coin with Britannia on one side and Grex on the other. It's worn and I wondered if it has any value?
Does it weigh about 25 grams? If so, it's a cartwheel penny of 1797, and is not worth much in this condition; the type was made in huge quantities, and is still commonly found in much better grade.

The other coin looks neat though! Do you have a photo of the other side?
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Anaximander's Avatar
United Kingdom
709 Posts
 Posted 02/10/2020  8:35 pm  Show Profile   Bookmark this reply Add Anaximander to your friends list Get a Link to this Reply
Welcome to the forum.

That thick "bronze" coin is actually copper. Bronze came into use in 1860 because it was harder wearing than copper. In that condition it is not worth a lot of money, but has huge historic value.

This coin was minted in 1797 and came in two denominations, 1d and 2d. The 1d weighed 1oz ( approx 25g ) and the 2d weighed 2oz. For some years after they went out of use they often were used as weights on scales. They were minted by Matthew Boulton at his Soho ( Birmingham ) manufactory using steam power, a first for British regal coins and represented the cutting edge of world coin technology at the time.

The 1d was the first British copper regal 1 penny coin. The 2d holds the record for the heaviest regal circulation coin in Britain, and was unpopular because of its weight. ( There were some heavier copper 3d tokens ). They were known as cartwheels because of their design. The thick rim with incuse writing was an anti-counterfeiting feature. ( Up until that time British copper coins were plagued by underweight fakes. ) The reason they were so heavy was because at that time a coin was supposed to contain its own value in metal. Copper rose in price enormously over a short period of time due to the Napoleonic wars, which is why the 1807 penny is much lighter.

It wasn't until the great recoinage of 1816 that the government abandoned the idea of holding the face value of a coin in the metal. This concept affects our coins right up to today, which is why the newer low value coins are now copper or nickel coated steel instead of solid bronze or cupronickel. There was a brief time when the modern bronze 1p coin was worth slightly more in scrap value than at face value. I am not up with current scrap metal prices, so this could still be the case.

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oriole's Avatar
Canada
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 Posted 02/10/2020  8:57 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I personally love the old large coppers in almost any condition short of mangled. I have about 40 of them.
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tdziemia's Avatar
United States
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 Posted 02/10/2020  9:23 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
@Arw2, please show us the reverse of the Spanish coin as requested by january1may, which was minted in two different places in 1864.

The more common one might fetch 5 to 10 pounds (you can search Spain 25 Centimos 1864 on ebay and compare to yours)
Edited by tdziemia
02/10/2020 9:24 pm
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