1942 New Zealand 1/2 Cent Needs Grade

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Author	Replies: 5 / Views: 2,839
mdpmedia Pillar of the Community United States 3546 Posts	Posted 06/24/2011 2:13 pm Hi, Does anyone think that this coin could achieve a MS 60 or higher grade in its 'current' condition? I do know that the verdigris and black spots will come off if I decide to dedicate more time to removing them. Would removing these items with a porcupine quill cause the grade to improve? If so, how much or should I just leave it alone? thanks mdpmedia Report this Post to the Staff

mdpmedia Pillar of the Community United States 3546 Posts	Posted 06/25/2011 01:45 am Without all of the current and hopefully removable markings on the surface what is the best grade this coin can be? Report this Post to the Staff
Sap Moderator Australia 16849 Posts	Posted 06/25/2011 03:25 am Definitely not Unc. I think it's EF at best, even without the verdigris and carbon spots. They're selling for $2 to $3 on Trademe in this condition. Definitely not worth the effort you'd have to put in to restore it. And it's a "half penny", not a " Half Cent". It says so right there on the coin. 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 Report this Post to the Staff
mdpmedia Pillar of the Community United States 3546 Posts	Posted 06/25/2011 06:17 am How can such a dramatic difference exist between an EF priced coin at Trademe for $ 3 and what I am seeing as the suggested retail price for this coin in EF grade at http://www.ngccoin.com/poplookup/Wo...coinid=24634 ? Even if one takes half of the $ 30 suggested retail price to obtain a more realistic price, $ 15 is no where near $ 3. I must be missing something or Trademe is undercutting the market or this NGC World Coin Price Guide is flawed. Please let me know your thoughts. Thanks, mdpmedia Report this Post to the Staff
Nevol Formerly nancyc Australia 5385 Posts	Posted 06/25/2011 6:23 pm I think it will depend on where the information on NGC World Coin Price Guide is sourced. Most likely the New Zealand Coin and Banknote Catalogue, which gives a price of NZ$70 for an EF coin in the 2011 Edition. Realistically, if you look at Trade Me:http://www.trademe.co.nz/Browse/Sea..._suggested=0 you will get an idea of what they are actually selling for. Unfortunately, not many sellers on Trade Me will send coins out of their country. life is a mystery to be lived not a problem to be solved Edited by Nevol 06/25/2011 6:26 pm Report this Post to the Staff
Sap Moderator Australia 16849 Posts	Posted 06/26/2011 12:41 am Also contributing to the price disparity is New Zealand collectors themselves use the stricter British grading standards; a New Zealand EF is probably an American AU-55. If the contributors to Krause (the source of NGC's price data) have simply converted the prices across without converting the grades, this could explain the difference. 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 Report this Post to the Staff
	Replies: 5 / Views: 2,839

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