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1871 PEI Cent Coinge/Medal Axis

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Pillar of the Community

Canada
1984 Posts
 Posted 08/17/2011  10:02 pm Show Profile   Bookmark this topic Add Smallcentguy to your friends list Get a Link to this Message Number of Subscribers
There has been discussion on some coin web sites about whether the medal axis PEI cent is really seen vey much, even though the Charlton catalogue does not suggest it is rare.

I was in PEI and visited the island's only coin shop, Blackmandy. He did not have much to look at, but he seemed like a very nice fellow and did have about 20 PEI cents, all coinage axis. I have yet to see a medal axis coin.

BTW, while he does not have a lot for sale, he has a PEI holey dollar for sale if anyone is interested. Can't comment on authenticity.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/17/2011  11:13 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Both mine are coinage orientation.

KK
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 08/18/2011  12:52 am  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Thanks. I've been meaning to post about this myself.

Charlton claims a medal axis exists, and, as you say, gives it the same value (and hence implicitly rarity). But, clearly that makes no sense.

I have about a half-dozen in AU to MS-63 and all are coinage axis.

For fun I also have the 1971 token commemorative with the coin replicated in the center. I'd like to learn more about that. Like were they able to create it from original dies/hubs/etc.

1871-PEI-Cent-Coinge/Medal-Axis

1871-PEI-Cent-Coinge/Medal-Axis
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dan-in-crystal-lake's Avatar
United States
493 Posts
 Posted 08/18/2011  05:14 am  Show Profile   Bookmark this reply Add dan-in-crystal-lake to your friends list Get a Link to this Reply
All my PEI cents are also coinage. I picked up one of the commemorative tokens about a year or so ago. I don't know anything about it but I thought it looked cool.
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D's Avatar
Canada
899 Posts
 Posted 08/18/2011  8:26 pm  Show Profile   Bookmark this reply Add D to your friends list Get a Link to this Reply
And on the commemorative the axis is ..Medal.
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fredor's Avatar
Canada
142 Posts
 Posted 08/18/2011  10:37 pm  Show Profile   Bookmark this reply Add fredor to your friends list Get a Link to this Reply
The editors of The Charlton aren't stupid. They aren't going to list an extremely rare variety with the same prices as the common variety simply because they are ignorant.
It's also the same reason the 2011 Charlton adds a new variety for the 1898 NFLD 50 cent piece, Portrait 2 Large W, while giving it the same price as the Small W portrait 2 variety. This "new coin" likely does not exist, but if it does it's worth an extremely high premium over the other varieties. There are more varieties they have published with prices to suggest they aren't rare, but in fact they are intensely RARE.

The reason they do this is so they can purchase these coins at a low price if they do in fact find them to sell later when the price goes through the roof once they publish how rare they are.
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kitkat1858's Avatar
Canada
371 Posts
 Posted 08/19/2011  12:56 am  Show Profile   Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
mine is coinage axis as well... will have to keep my eyes peeled for this 'rarity'.
Valued Member
Canada
496 Posts
 Posted 08/21/2011  7:50 pm  Show Profile   Bookmark this reply Add billfrak to your friends list Get a Link to this Reply
I have searched hundreds of these(if not more) all coinage.I have been told it only exists in medal axis in speciman.You can always check with the BOC museum.
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pennyhoarder's Avatar
Canada
16 Posts
 Posted 12/26/2014  9:04 pm  Show Profile   Bookmark this reply Add pennyhoarder to your friends list Get a Link to this Reply
Hi, bringing up an old topic, but I recently found an 1871 PEI Cent with medal axis. The grade isn't high, around Fine, would this be worth much more? Thanks.
Pillar of the Community
Canada
1984 Posts
 Posted 12/26/2014  9:23 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I would say quite a lot......hard to know exactly what it is worth. I have seen none for sale since the OP. $300? $1000? You might get more if the right two people came to an auction.
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pennyhoarder's Avatar
Canada
16 Posts
 Posted 12/26/2014  9:48 pm  Show Profile   Bookmark this reply Add pennyhoarder to your friends list Get a Link to this Reply
Thanks for the quick response, guess first step would be to send it in to ICCS and get it certified. Would they note this variation on the holder or do I have to specify?
Pillar of the Community
Canada
1984 Posts
 Posted 12/26/2014  9:54 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
You should mention it though I am sure they would notice. They will call it medal axis if it is perfectly aligned. If not they will call it rotated dies, which would impact value significantly (i.e., negatively).
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 12/27/2014  9:11 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

If the supposed medal axis is really a near perfect rotation, then that would make sense. Charlton is very loose on 180 degree rotation == flip axis.

An axis is a variety. A rotation is an error.
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Harmonica's Avatar
Canada
1118 Posts
 Posted 12/27/2014  10:34 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Mine is a medal axis, I assumed they all were...
Ya, it is a perfect 180°
So is it more valuable then a coin alignment cent. The guy wanted a buck for it but I got him to throw it in on a $10 purchase.
Pillar of the Community
Canada
1984 Posts
 Posted 12/27/2014  11:45 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
harmonica...

I am afraid that 180 degrees (coinage) is normal. If both sides are "right side up" (both in same direction) then you have the scarce one.
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Harmonica's Avatar
Canada
1118 Posts
 Posted 12/28/2014  01:24 am  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Wait, now I am confuse. Canadian coins are coinage alignment and USA coins are medal alignment, correct? Maybe I have my terminology mixed up.
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