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 Replies: 20 / Views: 2,932 |
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Pillar of the Community
Canada
851 Posts |
Hey all, You think this one gets an F grading or what?   |
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
Canada
857 Posts |
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Pillar of the Community
 United States
1949 Posts |
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Pillar of the Community
Canada
576 Posts |
I'll play it safe - VG-8 for me.
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Pillar of the Community
 Canada
851 Posts |
Thanks.
VG 8 is way low, me thinks.
I'm thinking F-12. There's enough detail in the braid and no detractors to bring it down.
Any other opinions? I'd love to hear them.
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Pillar of the Community
Canada
851 Posts |
It really does look better in hand. Check out these alternate photos...   |
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Bedrock of the Community
United States
36800 Posts |
VG-10. Nice original look to it.
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Pillar of the Community
Canada
627 Posts |
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Pillar of the Community
Canada
1505 Posts |
F 12 ICCS VG 10 CCCS Vf 20 PCGS
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Pillar of the Community
Canada
1081 Posts |
Picking up and oldie here:
The NFLD 5c and 10c often show a significant divergence in grade between obverse and reverse. For obvious reasons we all gravitate to the obverse but it's kind of a pity as the reverse is what sets these coins apart imho. Readily legible in hand, which is more than you can say for the equivalent Canadian issue with all its frilly maple leaves and myopia-inducing lettering. It's just such a simple, effective, attractive design. It's why these are so eminently collectable in my view. A well struck NFLD nickel or dime will keep its reverse no matter how beers it buys on Water St. I love these coins....
This one is no exception. I would put the obverse at VG10....or....maybe F12. Extra points for a decent ear and some laurel details are what takes it up. But the reverse is easily F15...maybe even AVF. The 3-D is retained in all the little loops and dots and, aside from a little weakness in the 'N' and second '8' the printing is bold and clear. Tthe rims and fields are also stellar.
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Pillar of the Community
Canada
851 Posts |
Thanks, everyone. I think this coin is rarer than suggested. There were only 40,000 minted. That might sound like a lot but these five cent pieces were used heavily and so small they were easily lost. I doubt that a significant portion of the 40,000 minted have survived in coin flips 140 later. If you check out ebay for examples there are only 7-8 available. Ranging in very poor quality G @ $45 to PCGS MS66 @ $18,000!! The Charleton Guide shows none available at better than AU55, so the person selling the PCGS MS66 made up their price but will never really sell anywhere near $18,000 since the coin looks pretty shabby in the photos. Anyway, of 40,000 minted, one would have to assume that a large percentage of them would have been circulated to death, lost or melted. So how many of the 40,000 could reasonably be out there? Tough question, I know and it will take some major cahones to venture an answer. Does anyone dare to give it a guess? I'd love to hear some opinions on this. 5% = 2,000 ? less ... 1% = 400 ? Cheers |
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Pillar of the Community
Canada
1081 Posts |
I think that argument likely applies to all the 5c and 10c minted before the 20th century. Exactly how many are left sounds like a good question for Barry Borselino.
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Pillar of the Community
Canada
851 Posts |
Silver101: exactly! Let me know what Barry has to advise. I'm excited to hear his take!
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Pillar of the Community
Canada
1081 Posts |
Barry, ye sage of Newfoundland numismatics, says that most of the more rare NFLD coins escaped what he refers to as the great melt of 1969-75 as they'd already been identified as rare. But they'd mostly been circulated beyond and inch of their lives so specimens like the one you posted are rare. How rare is anyone's guess.
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Bedrock of the Community
Canada
10743 Posts |
I have one just like this one and, I called mine F-12
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Replies: 20 / Views: 2,932 |
Posted 06/23/2020 7:23 pm
