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1562 Elizabeth I 6P S-2596

Apollo_23Apollo_23 Posts: 135 ✭✭✭
in World & Ancient Coins Forum

So I got the itch about these coins now. I posted about my other Elizabeth I shilling which is getting graded and now have the opportunity to purchase this 1562 6P S-2596. As I mentioned in my other posts, I know little about these. It is a raw coin but what do you think of condition. Hard to tell if it was cleaned. What is a fair price for it. I know all subjective but any help would be appreciated. Thanks!!

Comments

  • 291fifth291fifth Posts: 24,371 ✭✭✭✭✭

    Why do you "need to get it graded"? We are not talking about Morgan Dollars here, we are talking about rare coins that can stand on their own merit. I know little about these but, if the price were reasonable, I would jump at the chance to buy a coin like that.

    All glory is fleeting.
  • Apollo_23Apollo_23 Posts: 135 ✭✭✭

    @291fifth said:
    Why do you "need to get it graded"? We are not talking about Morgan Dollars here, we are talking about rare coins that can stand on their own merit. I know little about these but, if the price were reasonable, I would jump at the chance to buy a coin like that.

    I don't even know where to start. I cannot speak for everyone but I get my "rare" coins graded. It better protects the coins, looks better IMO and it adds value, not just monitery. It does not have to be a Morgan. I have plenty of coins that are not graded but the "rare" coins, totally worth it IMO.

  • GreenstangGreenstang Posts: 1,164 ✭✭✭✭✭

    One good thing about getting “rare” coins graded is to prove the authenticity,
    especially with the amount of Chinese counterfeits out there. As long as the
    value makes it worth while, go for it.

  • SapyxSapyx Posts: 2,220 ✭✭✭✭✭

    @Apollo_23 said:
    ...Hard to tell if it was cleaned...

    Pretty much everything this old, in this condition, has been kicking around in collections for centuries and has therefore been cleaned at some point in its history as a collectable coin. So long as the cleaning was not recent, harsh, excessive or was otherwise damaging, it's considered "normal and acceptable".

    This one looks normal and acceptable to me, in terms of appearance. But it might get "detailed" due to what seems to be a dent into her majesty's cheek (which shows through as a bald patch in the middle of the coat of arms on the other side); I really don't know how strict the TPGs are on such matters for coins this old.

    Waste no more time arguing what a good man should be. Be one.
    Roman emperor Marcus Aurelius, "Meditations"

    Apparently I have been awarded one DPOTD. B)
  • pruebaspruebas Posts: 4,565 ✭✭✭✭✭

    @Apollo_23 said:

    @291fifth said:
    Why do you "need to get it graded"? We are not talking about Morgan Dollars here, we are talking about rare coins that can stand on their own merit. I know little about these but, if the price were reasonable, I would jump at the chance to buy a coin like that.

    I don't even know where to start. I cannot speak for everyone but I get my "rare" coins graded. It better protects the coins, looks better IMO and it adds value, not just monitery. It does not have to be a Morgan. I have plenty of coins that are not graded but the "rare" coins, totally worth it IMO.

    It also helps the heirs sell the coins, should it get to that.

    Besides, if they go to auction to be sold, they will be graded/slabbed anyway.

  • Apollo_23Apollo_23 Posts: 135 ✭✭✭

    @Sapyx said:

    @Apollo_23 said:
    ...Hard to tell if it was cleaned...

    Pretty much everything this old, in this condition, has been kicking around in collections for centuries and has therefore been cleaned at some point in its history as a collectable coin. So long as the cleaning was not recent, harsh, excessive or was otherwise damaging, it's considered "normal and acceptable".

    This one looks normal and acceptable to me, in terms of appearance. But it might get "detailed" due to what seems to be a dent into her majesty's cheek (which shows through as a bald patch in the middle of the coat of arms on the other side); I really don't know how strict the TPGs are on such matters for coins this old.

    Wow good catch. I didn't notice that. I do not know how strict either but I have seen similar ones as details graded.

  • Apollo_23Apollo_23 Posts: 135 ✭✭✭

    So I did purchase this coin and honestly it looks much better in person now I have it. Amazing detail for a coin so old.

  • SaorAlbaSaorAlba Posts: 7,555 ✭✭✭✭✭

    Nice original looking piece.

    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • BjornBjorn Posts: 536 ✭✭✭

    Ah not bad, not bad (as in, quite good). There are several varieties of these coins, based largely on the bust height and dress decoration, and despite being more regular than the hammered six pences, they often have neat looking die cracks. I'll post mine later...

  • Apollo_23Apollo_23 Posts: 135 ✭✭✭

    @Bjorn said:
    Ah not bad, not bad (as in, quite good). There are several varieties of these coins, based largely on the bust height and dress decoration, and despite being more regular than the hammered six pences, they often have neat looking die cracks. I'll post mine later...

    Thanks. I believe this one is S-2596 and for $200 couldn't go wrong.

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