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1936 Australian Penny Grade And Lamination Error ?

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Pillar of the Community
mdpmedia's Avatar
United States
3546 Posts
 Posted 08/12/2011  5:13 pm Show Profile   Bookmark this topic Add mdpmedia to your friends list Get a Link to this Message Number of Subscribers

Hello,

I received the attached coin for $ 7 US dollars when looking through a flea market vendor's items.

Initially, the coin appeared to have normal wear but upon further investigation I think that it may be a lamination error of some sort.

Please indicate what we are looking at here and assign a number (if applicable) to the error or variety etc.

Finally, I would like to receive some feedback on the grade you think that this coin deserves.

thanks,
mdpmedia

1936-Australian-Penny-Grade-And-Lamination-Error-?

1936-Australian-Penny-Grade-And-Lamination-Error-?

1936-Australian-Penny-Grade-And-Lamination-Error-?

1936-Australian-Penny-Grade-And-Lamination-Error-?

1936-Australian-Penny-Grade-And-Lamination-Error-?

1936-Australian-Penny-Grade-And-Lamination-Error-?
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/12/2011  10:40 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
mpmedia: A sharp eye has rewarded you. From the pictures you have sumbitted, and the opinion you have expressed, I agree with you. I have not seen lamination problems with this issue before.

I am not aware of any error or variety number for a coin such as this one.

Seven pearls in the headband of the crown are visible. This area of the obverse image should always be examined closely with George V issues of Canada and Australia.

I would grade this coin at nearly EF.

1936 is one of the more common dates for this type, but it is still a nice to have anyway.

The price you would pay for this coin from a dealer in Australia would be perhaps 50% more than what you paid for yours.
Pillar of the Community
mdpmedia's Avatar
United States
3546 Posts
 Posted 08/12/2011  11:09 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
I agree on the pricing since several xf (non lamination error) 1936 examples on ebay are currently selling in the $ 10 - $ 20 range.

However, since I am somewhat new to the whole variety and/or error field (especially w/r/t coins outside the USA) I would like to know if this lamination error should raise the value of this xf coin.

Especially since several other individuals I spoke to expressed similar comments about the non-existence and seemingly rarity of this lamination event.

Please let me know at least how experts in Australia would overall view this issue w/r/t valuation.

And if a premium is justified, by what % amount should one expect over and above the value of a normal 1936 xf penny etc.?

Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/13/2011  01:35 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Many years ago, I bought a Melbourne Centenary Florin with Foy's bag, in what Americans would grade as MS65, except for a small lamination problem. That particular coin was purchased from Downies, one of Australia's top dealers.

Downies did not charge any more for the obvious lamination error. In fact, some of the metal surface was quite visibly lifted. I have never seen an error catalogue number for this lamination error, either.

I have a current decimal Twenty Cent, which because of a severe lamination problem, is ready to actually fall apart into two pieces, each a complete obverse and reverse. The main reason I have kept this piece is that it has NOT actually fallen apart, which removes any doubt that it has been tampered with.

I found this coin in a dealer's junk box.

Do lamination problems in Australian coins give rise to catlogued variety numbers or raise the value of the piece, because it is an honest error?

In my experience, no. The scene re lamination errors in the U.S. may very well be different.

I still have fun collecting them anyway.

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