Big Number Asked For Brit 6d - Is this the highest price ever for a Victorian 6d?

7Jaguars

The latest Colin Cooke List has on it the elusive (esp. in higher grades) 1893 Jubilee 6d @ 5250 pounds! It sounds to be a tremendous coin, but what a price stopper. I am not aware of any other Vicky 6ds selling for near to this, even those doggoned '82-'85 era proofs or the unc. 1854 currency (my recall is that the was the former record holder at ~1500 or so...

What think you fellow readers and posters?

MacCrimmon

<< <i>The latest Colin Cooke List has on it the elusive (esp. in higher grades) 1893 Jubilee 6d @ 5250 pounds! It sounds to be a tremendous coin, but what a price stopper. I am not aware of any other Vicky 6ds selling for near to this, even those doggoned '82-'85 era proofs or the unc. 1854 currency (my recall is that the was the former record holder at ~1500 or so...

What think you fellow readers and posters? >>



I don't see it on the website. What grade was this "gem" ???

Anyway, the highest I've seen for a "common" dated tanner was about $1,900 for an 1858 6d. graded by PCGS @ MS68.

Was the '54 the Cheshire coin in 2005? £1500 then was about $2,700 - 2,800. I viewed that coin and it was either a legit 63 or maybe 64 (don't have my notes handy).

JCMhouston

My first thought was "holy crappola".

However, after deep thought and much contemplation, I have changed my thoughts to "good googamooga". That seems a very strong price to me even for a coin that is tough in high grade. There is only 1 1893 Jubilee head graded ATS at present (MS 61) , but still....

7Jaguars

Yes, Mac, to me the legit previous record (assuming this one sells) was the Cheshire 1854. I have looked at that coin in detail and come to the conclusion that it was undergraded as well and a steal at the 2800 price - that would seem especially to be the case if this sells. That coin was fairly an MS64 with possibly even claims to 65 as there were really only the clashmarks to detract. MS 68 1858 @ what price? That is pure lunacy and unhooked from what would be true rarity - my guess is that high grade piece against either of these two would be crushed in price.

7Jaguars

PS - That coin just out on the emailed list from Colin Cooke. Source? I wonder, as this sounds to be quite the "item". The Cheshire MS61 Jubilee was probably fairly graded at that and a bit unappealing (except for the date) overall.

This coin in US equivalents might be a five figure (likely) or six figure coin (possible) described as prooflike vir. Unc. That last bit always makes me a bit uncomfortable and likely would have to be seen in hand to assume superiority to the MS61 piece.

BTW - the Cheshire prices that seemed a bit high in instances at the time now seem relative bargains on some.

coinkat

Yikes...

I sort of wonder if this is just the tip of the Iceberg... not my series and these did circulate-this would not have been my first choice, but I did not see the coin

5250 pounds is not chump change

wybrit

The 1893 JH is among the chief rarities of the Vicky series, just not in as high a demand as other denominations. I don't get the lists, so I haven't seen it yet. That price may be legit.

wybrit

And I am cryin' a river that I was the underbidder on that '54 as well.

The one at DNW in EF was gobbled up for £1,900 plus juice if I remember right.

7Jaguars

CK, just trying to figure out what you mean by "tip of the iceberg". What iceberg, more such hyperrarities? The escalation of prices?

I rate by denomination currency strikes prime rarity of Victoria at the "unc " level:

6d - 1893 JH
1/- 1850
2/- 1854]
2/6 1839

OK, well groat: 1847/6 or 1853 currency
Forget the 3d thanks to all of the Maundies.
Skip double florin (none that rare)
Crowns: ditto for the currency, maybe venture out with 1893 regnal LVII

wybrit

Don't forget the 1845 halfpenny. I'm guessing that one's going to go to the stratosphere soon as well.

Lancastercoin

The price is bordering on outrageous, but CC knows that the folks who are looking for such things come to them to find them. After all, in an auction it takes at least two people to make a high price, but on a price list it only takes one. Why shouldn't they try for the big bob? It's not like their reputation will suffer or they'll be thought less than knowledgeable. Even better (for CC) if it sells off the list only they and the buyer will know what it actually brought.

coinkat

Again, I did not see the coin, but I suspect it is of the highest quality.

What I mean by the tip of the Iceberg is simply this- high quality British silver, coins that grade MS65 or higher, seem to be alittle under appreciated. It is just a matter of time before the concept of condition rarity takes off- it will be painful with dates that are rare- example- and staying with the Victorian theme here-a gem 1854 shilling- 65 or higher

I suppose it already has with copper judging by what certain common dates have sold for even though price increases for better dates has been modest by comparison

7Jaguars

Yes, I quite agree with your points CK and that is that there is a maturation in the British market. IMO, there is a contraction in the number of "players" and these are primarily interested, and developing more interest in the bits you have described. I believe there is an attempt to capitalize on this burgeoning change of market that is reflected in the recent Superior and Heritage sales where higher grade more common Victorian bits have been fetching bigger prices/numbers.

This is almost a smaller "reflection" of the US market. I predict that the rare dates in exceptional states may begin to bring stellar numbers and that this one sale, at least as far as the Brit Victorian silver market goes may be an harbinger of what is to come. Another demo of this, though not of currency bits was in the recent Baldwin sale where the Incorrupta and Three Graces crowns each brought above 16 k sterling when up to 6-7 years ago these generally brought about 3.5-4k.....

coinkat

It seems that there are collectors that appreciate rarity and perhaps those that attempt to collect perfection- in terms of the overall look of the coin- the date is of secondary interest.

That might explain part of what has transpired