Some more copper coming from NEN!
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Just had to buy a few more pieces...
Paraguay 1 Centesimo, 1870. NGC MS64 RD. Yeah, it's from a hoard, but I've always liked this design.
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Italy 5 Centesimi, 1895-R. NGC MS64 BN. This one I think is a bit of a sleeper. If you look at the mintages for most of the 19th-century copper from the Kingdom proper, most mintages are HUGE, with most at 20 million+, and some over the 100 million mark, however the 2 Centesimi and 5 Centesimi pieces of 1895 and 1896 all have mintages under a million, in this case 508,000. This would imply that these coins might be somewhat scarce (comparatively speaking). What I've been able to find online seems to bear that out. Between Teletrade, U.S. and international Ebay current and complete, coinarchives.com, and European dealers, I'm finding virtually no mint state pieces, and even the XF pieces I'm finding are priced at 2x Krause and up.
Add to that the fact that the aesthetics on this piece are lovely, and I just had to buy it.... love the woodgrain toning on the reverse... there are a few troublesome hits on the reverse, but I'm hoping they're on the slab and not on the coin.
Paraguay 1 Centesimo, 1870. NGC MS64 RD. Yeah, it's from a hoard, but I've always liked this design.
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Italy 5 Centesimi, 1895-R. NGC MS64 BN. This one I think is a bit of a sleeper. If you look at the mintages for most of the 19th-century copper from the Kingdom proper, most mintages are HUGE, with most at 20 million+, and some over the 100 million mark, however the 2 Centesimi and 5 Centesimi pieces of 1895 and 1896 all have mintages under a million, in this case 508,000. This would imply that these coins might be somewhat scarce (comparatively speaking). What I've been able to find online seems to bear that out. Between Teletrade, U.S. and international Ebay current and complete, coinarchives.com, and European dealers, I'm finding virtually no mint state pieces, and even the XF pieces I'm finding are priced at 2x Krause and up.
Add to that the fact that the aesthetics on this piece are lovely, and I just had to buy it.... love the woodgrain toning on the reverse... there are a few troublesome hits on the reverse, but I'm hoping they're on the slab and not on the coin.
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