Is this worth certifing? 1901 Great Britain 1/2 penny

mojoman

Any Guess on a grade? and is it worth getting it put in plastic? any help is appreciated,Thanks,MoJo

wybrit

It's a nice UNC piece as best as I can tell, but slabbing depends on your intent.

If you are planning to sell, you have a 99% chance that you will lose money on it by certifying.
* 1901 is the most common of all Victorian dates in the series - it's the death year and everyone at the time saved a nice example of the piece. They can be found raw for very cheap. Heck, they are cheaper than anything after that date until 1936!!
* If the coin does not go MS66 or better (no chance of this happening IMO), you are practically guaranteed not to make the money back.
* A full red example is catalogued at £15 (about $27) in Spink. This is not full red. Brits will not buy anything of this date less than full red.

If you are planning to keep the piece and want it as part of a "registry set," the above info is still valid but it's not about making your money back. That said, even 10 years from now, you won't make your money back, even at the economy submission rate which still amounts to $17-$20 per coin, factoring in the formidable shipping charges.

mojoman

Thanks for the info,My future brother-inlaw wants this coin and a few others of mine ,he "thinks" they are worth more than the book shows(I tried to tell him,and his other brother lol) but they have there minds made up ,I wanted to prove to him he is wrong and I just made my point ,Thanks to you.
Thanks again,MoJo

ajaan

As much as this pains me to say, wybrit is correct.

spinaker2000

wybrit

As much as this pains me to say, wybrit is correct.

mojoman

As much as this pains me to say, wybrit is correct

They still did not belive me so.....................I sold it for 35.00
Thanks again for the help

wybrit

They still did not belive me so.....................I sold it for 35.00