Hong Kong 1865 One Cent

coinkat

Okay... what does a nice AU to possibly an UNC 1865 Hong Kong One Cent sell for these days? Any thoughts?

BCNumismatics

Kat,
The coins of colonial Hong Kong coins are in very strong demand from British Commonwealth collectors.A copper Queen Victoria 1c. coin would be worth several hundred US$ in the higher grades.

Have a look in the 19th. Century Krause catalogue,which is now available on D.V.D..

Aidan.

OnlyBuffalos

All pre-1900 Hong Kong bronze one cent coins are scarce in high grades. Full red coins are rare. All uncirculated coins are scarce.

Earlier this year a choice 1865 PCGS MS63 BN sold for $370.

Many of these early cent coins are not attractive even in high grades. If the AU 1865 cent is both eye-appealing and problem free, $100 is a ball-park price.

Blackhawk

Is the market also strong for Victorian HongKong silver, or are the high values mostly reserved for copper/bronze issues?

OnlyBuffalos

The silver coins through 1883 are scarce through rare. They are expensive in uncirculated grades. They are most commonly found in auctions held in Hong Kong. Most early silver coin prices have at least doubled in the last five years.

You can view some auctions archives at this location: http://www.coinarchives.com/

BCNumismatics

Bill,
The Hong Kong silver $1/2 & $1 coins of Queen Victoria are rare in any grade.Be careful,as deceptive forgeries often turn up,especially coming out of China.

Aidan.

coinkat

Thanks for the comments. First, Krause is alittle behind with pricing China, Poland and some of the British Commonwealths... I am just not completely sure which BCs are currently hot. Second, I was trying to determine if I want to sell it raw or send it in to PCGS. I have afew things to think about.

OnlyBuffalos

If the 1865 is problem free and uncirculated, it will sell for more in a PCGS holder versus a raw coin and be worth the grading expense.

Be aware that PCGS has different grading standards than NGC for bronze and copper HK coins. For coins of the same grade, PCGS will almost always sell for more. In my opinion that holds true for all high grade and scarce HK coins except the five cent coins.

If the coin is not uncirculated but problem free, it is marginally worth the effort and expense.

coinkat

I just took a good look at it and it is problem free. It has alittle red in protected areas and decent lustre so it will likely go on an all expense paid vacation to Newport Beach... lunch at the Crab Cooker... a nice walk out on the pier and perhaps a day trip out to Catalina.