Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Value Of A 1788 Barbados Penny?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 5 / Views: 8,791Next Topic  
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 03/28/2010  7:48 pm Show Profile   Bookmark this topic Add fmtaxguy to your friends list Get a Link to this Message Number of Subscribers
I was wondering if anyone might have an idea of the value of a 1788 Barbados penny. I have heard that it was the first penny struck for Barbados by Great Britain, and that, with the die break on the obverse, may actually be a proof token struck c1830. It is struck a bit off center, with half the date missing off the rim. Assuming a mid-grade (F/VF), I am wondering what such a coin (token?) might be worth.

I am afraid that I don't own, nor have current access to, the appropriate 18th or 19th century coin catalogs. Any ideas would be most appreciated. Thanks in advance.

fmtaxguy
Pillar of the Community
Archraz's Avatar
United States
3499 Posts
 Posted 03/28/2010  8:54 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
fmtaxguy- Wow, I would really like to see that. Would it be possible for you to post some pics so that we can determine the grade and therefore be able to give you the approximate value of the coin?
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 03/28/2010  9:10 pm  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply


Unfortunately, it isn't mine (yet!), but something I'm considering if the price is right. Problem is, I'm clueless as to a fair price, and whether or not the information I was given is even accurate. I've described the coin as best as I could, including grade. So ANY guidance would be most appreciated.

fmtaxguy
Moderator
Learn More...
Sap's Avatar
Australia
16834 Posts
 Posted 03/29/2010  04:44 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The 1788 and 1792 Barbados pennies are token issues, not official coinage. There are two varieties of 1788 that are often found in circulated condition, as well as a few varieties only known as proof patterns or restrikes.

Type III (large head, large pineapple) is the commonest, $25 in VF in my 2002 Krause. Type II (small head, large pineapple) lists at $100 in VF.

I think I overpaid when I paid AU$10 for my type III in a condition I'd call "Poor" back in 1997. These Barbados pennies are popular here in Australia because the date 1788 marked the founding of the first British settlement here.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 03/29/2010  12:10 pm  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply
Thank you so much for the detailed guidance. Just for my general information, is there a noticeable difference seen between the large and small head? Can I tell easily just from looking? Thanks again for the information.
Moderator
Learn More...
Sap's Avatar
Australia
16834 Posts
 Posted 03/30/2010  03:56 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Judging from the pics in Krause, the easiest way to tell them apart is to look for denticles around the rim. The "large head" type doesn't have denticles, while the example shown for the "small head" does.

I'll admit the pics in Krause aren't too clear, and there may be a more reliable way to tell them apart. But the only Barbados Penny currently in the free-to-access section of CoinArchives is this one, identified as a Type III (KM# Tn8) and doesn't have denticles, the same as mine.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
  Previous TopicReplies: 5 / Views: 8,791Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.28 seconds to rattle this change. Forums