OZ Penny 1912

newbiecollector · November 24, 2003 8:38PM

I would welcome comments on the grade of this coin. I like to think it is EF but I have little background for comparison.

theboz11 · November 24, 2003 8:46PM

nice coin, never graded these but all the details are outined or seen, think EF would fit. Pitting from that corrosion could distract.

newbiecollector · November 24, 2003 8:54PM

The coin actually does not have corrosion. It has attracted a little of those "greenies" which I think a bath in olive oil will solve.
It does have a bump at 6 o'clock on the reverse. On the edge you can see it had a small "punch" not a clash and it pushed the metal up on this side only. Very strange to see in hand as the punch is on the top part of the edge only and very sharp, not a blunt strike.

spinaker2000 · November 24, 2003 9:52PM

Hey Wayne, I'd give it a VF. A bit too much wear on the Obv for XF.

newbiecollector · November 24, 2003 9:58PM

I think you are right. The actual difference seeing the coin in hand is dramatic. The Rev is very stronge and the obv is worn and looks like a different coin...... go figure.......

spinaker2000 · November 24, 2003 10:04PM

I think the crown is a good wear indicator on these and others like it. That is my favorite obverse on the commonwealth coinage. Here's an example.

newbiecollector · November 24, 2003 10:07PM

<< <i>I think the crown is a good wear indicator on these and other like it. That is my favorite obverse on the commonwealth coinage. Here's an example.

>>

Don't ya think you could let me pitiful attmpt suvive a little longer?

I figure if others can post primo pics of coins I can post mine and bring folks down to earth.........

ps: thanks for entering me in this great giveaway........

spinaker2000 · November 24, 2003 10:15PM

sorry Wayne, just giving you a good example of how much detail there is in mintstate. One of my biggest problems of grading World coins is not knowing how much detail there was on a coin to start with.

PS: My current Australia 1/2d in my type collection is a VF also.

newbiecollector · November 24, 2003 10:24PM

Don't be sorry...not at all. I never meant that.

I got some good comments on my post. My biggest problem of how to grade a coin (for myself) is that I never see a "real" coin in hand except my own. Pics and scans are great but I am not smart enough to learn proper grading from that.

So I propose and ask. Thanks for the comments folks...........

Lloyd · November 25, 2003 2:10AM

Wayne
Around AVF or VF. With British EF the wear is hardly noticeable at first glance with the naked eye..... which obviously is not the case with this coin.

L

1jester · November 25, 2003 2:29AM

I agree with Lloyd on the grading. It's a pretty design! I suspect the H stands for the Heaton mint. Does anyone know where else Australian coins might have been minted?

ajaan · November 25, 2003 4:45AM

VF

lordmarcovan · November 25, 2003 4:48AM

Vep. A solid VF by American standards, a shot at British VF, maybe, but no EF. Nevertheless, it is a handsome coin, and after the oil soak I would use a wooden toothpick to gently work on the green spots.

I got some George V Aussie pennies in a recent bulk lot, but I think yours is just a teeny bit nicer than the ones I got. I did get one equal to yours, but it was a much later date. Considering what I paid for these coins in bulk, finding any of them in the lot is a "can't lose" situation.

Say, your title says "OZ" penny. (?)

Do these weigh an ounce or something? They seem lighter than that.

I see an "H" mintmark, so they can't have been struck at the Emerald City mint...

Lloyd · November 25, 2003 4:49AM

Once the wear really "gets to" the design then you're in VF land. Like the crown on this obverse. Part (only a small part mind you) has been eliminated....

L

tbirde56 · November 25, 2003 10:50AM

I believe this grading guide came from the Aussie forum:

Grading 1910-36 Pennies: Number of Pearls which can be seen in the headband.
G. No pearls
VG. 2 pearls
F. 4 pearls
VF. 6 pearls (Centre diamond visible)
EF. 8 pearls
Unc. 8 pearls & lustre.

So, it appears VF to me.

MacCrimmon · November 25, 2003 10:58AM

<< <i>VF. 6 pearls (Centre diamond visible) >>

Ah, well. There you have it....looks like a partial diamond, so abtVF. I like the lettering style on the reverse of this penny.

I used to have the Aussie 'red book', but I sold it to Shiro (?) long ago. Anyway, nice one Newbie!

satootoko · November 25, 2003 12:52PM

<< <i>Hey Wayne, I'd give it a VF. A bit too much wear on the Obv for XF. >>

My precise feelings.

newbiecollector · November 25, 2003 1:56PM

Thanks for the tips. I have a couple more of these abd it will help me grade them.

1jester · November 25, 2003 5:22PM

As much as I respect meLord's advice, I wouldn't use a toothpick on any coin, because I've had bad experiences with them scratching the coin. Copper is softer than sharp wood. I'd use a rose thorn instead. But still be extra careful. And I doubt any amount of soaking will allow you to completely eradicate the green spots in the 9 of the date, and around the Ds on the obverse right. I just feel that those spots are too well-entrenched. But I still recommend a long soak of the coin, and you might find that after a few months it will look measurably better.

Nice coin though!

OZ Penny 1912

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