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 Replies: 8 / Views: 1,722 |
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New Member
United Kingdom
4 Posts |
I have a coin that I can find very little info on. It is a 1960 three penny bit which is round and slimmer than usual and have been told that it could be a 3d coin struck on a HK 10c. I would be grateful if you could have a look and let me have any comments. The coin is genuine as it belongs to my mother who has had it for 50 years. She got it whilst working at Automatic Canteen Vending in the North Feltham trading estate. I have been told by someone I contacted at Spinks that mistruck coins don't have a value , is that correct?
Any thoughts appreciated.
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Pillar of the Community
United States
2589 Posts |
Off metals issues can be worth lots of money, but we would need you to post pictures of the coin in order for us to get an idea of what it exactly is.
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Valued Member
United Kingdom
114 Posts |
I suggest that you ignore whatever Spinks told you - they're more interested in gold than brass. I've found a reference to this coin, but it is listed as being 1961, so if yours is 1960 it would be very rare. Even if it is 1961, I would suggest £400 if you can find the right buyer - but that's only my personal suggestion for a price. Perhaps someone else can assist further. By the way,  to CCF. If you're a collector, I hope that you will stay with us. Pictures of this coin would be useful - you could just put it on a scanner, but just scan a small area around the coin (you can also crop of any excess surrounding area). But, try not to handle the coin, use tissue when holding it. Bill. |
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New Member
 United Kingdom
4 Posts |
Hi Thanks for your responses.
I tried uploading but said pic was too big so will have another go. Funnily enough she took the coin into Spinks in 1961 and was offered £100 on the spot. They suggested then that it was a colonial coin but I have been looking online and think the HK blank error seems the most likely. Unfortunately it has been handled in the past but it won't be touched again.
I found spinks to be quite patronising and they said it was only worth the slightly more than the face value of the coin, which does not really make sense.
Thanks again, will post pics asap.
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Valued Member
Australia
193 Posts |
Quote:
I tried uploading but said pic was too big so will have another go. Hi Guy After you have clicked on Reply to topic, near the bottom of the text box is a hyperlink that says Free Image Optimiser. Using that can manage your oversized photo. Sounds like you have a treasure. Good for you. |
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New Member
United Kingdom
4 Posts |
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New Member
United Kingdom
4 Posts |
Thanks for the help, see coin in image above.
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Bedrock of the Community
Australia
21788 Posts |
I agree with bilnic. Spinks are one of the most respected dealers in the World; I have bought a Roman gold aureus and a Greek gold stater from them, but their advice is very wrong here. The British Royal Mint executes circulation coinage contracts for many countries around the World, and it is inevitable that planchets intended for a coin for another country will sooner or later get mixed up in the production. This scenario is the most common way to get off metal strike errors. From another Mint (San Francisco), I have seen an Australian florin struck on a U.S. wartime nickel blank. All off metal strikes from this cause are nevertheless very valuable. Another type of off metal strike is one that is done specially by the Mint. I have a fake gold copy of a gold Percy Marks' Tickey', or Z.A.R. threepenny coin. A genuine one of those would bring tens of thousands of dollars at auction. |
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New Member
United Kingdom
30 Posts |
The market for USA mis-strikes, wrong flans, etc is strong within the US and they even appear in general US catalogue listings but, in the UK market, such things are treated as minor freaks that usually only have a fairly nominal value and you will never see examples listed in published catalogues such as Spink (unlike errors in printing UK stamps which can sometimes be very valuable and are often catalogued in Stanley Gibbons, etc). Any collector of UK milled coins is likely to have some representative examples if they specialise but some dealers do try and create a high value market for such things from time to time - especially those dealers who specialise in selling to the general public rather than to an informed clientelle; mostly it doesn't work! I would be surprised if such a coin reached anything like £400 (as has been suggested) at auction. I think more likely less than £100. To reach anything like a decent level, it would need to be confirmed and verified by The Royal Mint as to exactly what it was and how it came to be. Certainly, wrong flan coins do turn up from time to time due to The Royal Mint striking coins for other countries (especially in the Commonwealth). Chris Wren |
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Replies: 8 / Views: 1,722 |
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Posted 08/07/2011 06:42 am
