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1888 Newfoundland 5 Cent, Obverse 2

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Silver101's Avatar
Canada
1081 Posts
 Posted 11/19/2020  3:46 pm Show Profile   Bookmark this topic Add Silver101 to your friends list Get a Link to this Message Number of Subscribers
Curious for your grade input on this...it's a rare coin. Not yet purchased but we're discussing price. Short answer is 'not cheap'...


1888-Newfoundland-5-Cent,-Obverse-2
1888-Newfoundland-5-Cent,-Obverse-2
Valued Member
Canada
395 Posts
 Posted 11/19/2020  6:09 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
F-15, maybe on a bad day it only grabs F-12.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/19/2020  6:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll say VG-10.
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gangsta's Avatar
Canada
44 Posts
 Posted 11/19/2020  7:32 pm  Show Profile   Bookmark this reply Add gangsta to your friends list Get a Link to this Reply
Looks F-15 to me.
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Silver Nickel's Avatar
Canada
89 Posts
 Posted 11/19/2020  8:04 pm  Show Profile   Bookmark this reply Add Silver Nickel to your friends list Get a Link to this Reply
I think maybe F-12
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Canada
5585 Posts
 Posted 11/19/2020  8:39 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
VG-10
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fortcollins's Avatar
United States
3638 Posts
 Posted 11/19/2020  9:20 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
A tad bit less hair detail above the braid than a solid VG-10 usually sports, but far more detail than VG-08. I suspect strike weakness could explain the difference.

VG-10.
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Silver101's Avatar
Canada
1081 Posts
 Posted 11/20/2020  12:47 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
Thanks folks - I'm at F12 myself...this is a significant hole in my collection so, even though it's a bit pricey I think I'm going to buy it.
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TheDeductible's Avatar
Canada
851 Posts
 Posted 11/20/2020  2:25 pm  Show Profile   Bookmark this reply Add TheDeductible to your friends list Get a Link to this Reply
I'm at F-15.

Nice looking rare coin. This one is pretty rare but I haven't seen any population figures on NF2 vs NF3 in the 1888 5 cent. The Charleton just says the NF2 and NF3 varieties have 40,000 issued in combined total, but the NF2 prices are 13x the NF3 values. Even Barry Borselino didn't have any input on the number of each variety minted. His population reports don't include the 5cent 1888.
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Silver101's Avatar
Canada
1081 Posts
 Posted 11/20/2020  5:13 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
@TheDeductable - Yes, most of Barry's work is on the George VI 5c though he has some data on the Vickies and is now actively pursuing 1888 and a few others [e.g. 1873 for obvious reasons]. His preliminary data is that obv 2 is more scarce than obv 3 - by something like 1/3 - and that overall 1888 may be close to as scarce as 1873 [I think that's what he said - I should double check]. Though his numbers are still pretty low. PCGS has graded 17 obv 3 and 3 obv 2 with the highest grade being AU-50 [they've graded 48 1873, all varieties]. Again I take those numbers with a grain of salt as they're too low for any sort of statistical significance.

My interest is that most of what I've seen on ebay is in terrible shape. There's one there now that looks as though it was used for target practise at some point. Another G6 for $900... Only one obv. #2 sale recorded at Heritage (prior to 2010); four at Geoffrey Bell including an ICCS-graded VF-20 for $1,700 last year; a very, very generously NGC-graded AU for $2,200 in 2016 and an accurately ICCS-graded G6 for $400 in 2017. So it's all over the place like most other things....

Anyway, negotiations continue!
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