New Zealand Penny 1942 - Coin Community Forum

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Author	Replies: 6 / Views: 2,798
Sponge New Member United States 33 Posts	Posted 07/20/2011 10:43 am Need grading & value. New Zealand Penny 1942 Report this Post to the Staff

mmorgan22 Pillar of the Community United States 570 Posts	Posted 07/20/2011 10:48 am According to 2010 Krause: KM# 13 Mintage 3,120,000 F-$1.00, VF-$5.00 Report this Post to the Staff
Kopper Ken Pillar of the Community United States 3402 Posts	Posted 07/22/2011 1:56 pm This coin could be a VF but there is some damage (?) on the king's nose. KK Report this Post to the Staff
weavus135 Pillar of the Community United States 539 Posts	Posted 07/22/2011 7:18 pm this brings up a question, how does one augment the grading when 'damage' is present. I recently purchased a coin that had XF details but there were some scratches. I didn't mind the scratches but I would have no idea how to grade it - not that I NEED to, but I like to try. Report this Post to the Staff
Kopper Ken Pillar of the Community United States 3402 Posts	Posted 07/26/2011 08:29 am Weavus: I grade the coin for the details first, giving me a numerical grade. Then I look at the "issues" a coin might have such as bag marks, nicks, scratches etc. These are not in the initial detail grade but will bring the value of the coin down from the detail value. Those individuals who collect Early American Coppers will actually revise the original detail grade to reflect the "issues" and come to a net grade. Then there is the overall appeal of the coin, is it lousy, average or choice for the issue. Deductions just like the original grade are subjective. Hope this helps. KK Report this Post to the Staff
weavus135 Pillar of the Community United States 539 Posts	Posted 07/29/2011 11:20 am thanks KK. (and sorry for the delay in saying that). Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 07/29/2011 1:44 pm I think you're bound to have some marks on a VF coin. At least there are no big rim hits. Perhaps I'd downgrade a little from VF30 to VF20? Report this Post to the Staff
	Replies: 6 / Views: 2,798

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