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Too much for a shilling??

I picked up a British 1849 shilling recently. I paid more than Krause EF money. I do not have a scanner and I am not able to post a picture of the coin. I think the coin grades AU50 TO 53 by US standards and probably a straight ef by British standards. The coin is original, fairly well struck and attractive. I thought it was reasonable to reach alittle for a coin of this quality. How many collectors out there view 1849 as an underrated date for the early Victorian shillings? Any thoughts?

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Comments

  • AethelredAethelred Posts: 9,288 ✭✭✭
    It lists for £95 in EF in the 2003 Spinks, those early Victoria Shillings are getting hard to find!
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  • wybritwybrit Posts: 6,952 ✭✭✭
    Finding any EF or better Victorian shilling pre 1881 is a prize these days.

    1849 is one of the lowest mintages of the Victorian series, similar to the 1850. The 1850 has a valuation 10 times that of the 1849. Like with many Victorian issues, the mintage figures don't appear to tell much of the story of a coin's rarity.

    For example, in the same year (1849), 205,920 sixpences were minted, but not one specimen has been found. Similarly, 601,920 sixpences dated 1861 were produced, but no one has found a single example.

    Former owner, Cambridge Gate collection.
  • The mintage figures are bad guides since they obviously tell you how many coins were minted during a year but they don't say what dates were on them.

    However, all these early shillings are hard work and the 49 is no exception.

    L
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