Go figure

wybrit

I picked up an UNC 1934 penny on ebay for far less than the closure price on this auction for an AU.

Timing is everything, just like the PCGS paper said.

I'm not surprised at the closing price. This penny is one of the toughest dates in the 20th century, along with the 1919KN and the 1926ME (1912H, 1918H, 1918KN and 1919H are easier to find in my experience).

Lloyd

You'd be surprised at how many people don't know the rarity of the 34 penny. You would also be surprised at how many don't know that it was artificially toned. Also I've seen a few come up over here that have missed the toning process and show a good degree of lustre - they fetch a bomb!

L

coinkat

I always thought the 32 was tougher than the 34... but then again I am not a copper specialist...

wybrit

I would be suspicious though if a 1934 turned up on ebay as having "missed the toning pot, " unless it was listed by one of the top ten reputable British coin sellers. I'm sure some are genuine, but as word gets around about the potential price of a untoned example, the crooks will emerge with lots of cleaned '34s.

wybrit

I always thought the 32 was tougher than the 34... but then again I am not a copper specialist...

'32s are tough too, but I found a top grade of that before I found the '34 - and I have seen more '32s up for sale on ebay than '34s over the last 5 years. I have been searching ebay diligently for examples of both for all of that time. I ended up finding a '32 with good lustre at one of the shows here in MN on the cheap!!