George V Pennies

JCMhouston · October 12, 2012 8:05AM

Now this series has a couple of very difficult coins, the 1926 Modified effigy, 1919 Kings Norton mint, and 1922 rev of 27 being chief among them. But over the years I have had a difficult time with some that should be common dates. I just picked up 2 additions to the set that should have been quite easy to pick up going by conventional wisdom, and according to the price guides.

1915 NGC MS65RB, Really should be as common as all but the 1911 which was saved in quantity as the first year of issue. I do see these raw from time to time (maybe 3-4 of them in the last 3 years) but usually in low mint state, what I would guess to be 60-63, so I have not found one that I was interested in until now. NGC also has only 4 of this date slabbed, 2 in 64RB and 2 in 65RB.

1934 NGC MS63BN, this coin is a real outlier. Historically this isn't really a key date although it is supposed to be a little scarcer than most of the late dates (1927-1936). the 1932 is upposed to be the toughest date and is usually valued at double the other better dates. However the 1932 has 13 coins graded uncirculated, and the 1934 has only 2, one in 64BN and this one in 63BN. I've been seriously looking for this coin for about 3 years and it is the first one that I considered a no problem uncirculated coin, the only other was raw and appeared AU to me so I wasn't willing to pay up for it.

wybrit · October 12, 2012 9:51AM

I agree about the 1934. I once had an NGC 65BN that I put up for sale (surprising it is not on the pop report). A Brit purchased it, cracked it out, and Colin Cooke sold it as part of the Crocker collection for a fraction of the original encapsulated value. Perhaps someone notified NGC that it was cracked out. Here is a picture of it.

JCMhouston · October 12, 2012 11:50AM

Very nice Wybrit, that would make very good money if it came up today.

wybrit · October 12, 2012 11:53AM

You're right - I do have seller's remorse about it. Could have bought it back for less than half the price at the CC auction.

wybrit · October 12, 2012 12:27PM

One other thing to note about the 1934 is that it is believed that the entire issue was mint-toned, so RBs and RDs are unlikely to be found.

coinkat · October 12, 2012 7:44PM

I see this as a series whereby mintage plays too great a role in evaluating rarity instead of surviving population. Some dates were not saved- others were. 1932 seems overrated and 1934 has always been tough

How many red 1926 1d have you seen? In red, it is not easy

wybrit · October 12, 2012 10:14PM

I agree with your comment 'kat. Another overrated date is 1912H.

I just saw a 1926 NGC MS65RD (first head) on the block at Heritage last week, that fetched over $400 including juice. Link

That could be the nicest I have ever seen, though LancasterCoins had a beauty awhile back.

7Jaguars · October 13, 2012 1:05AM

The best I have ever seen on the 1926 date is actually a Mod Effigy - the one that is in the PCGS pop as MS65RB. That coin is a slightly muted red with booming luster, possibly as much luster as I have ever seen on ANY KG V penny. Rob from England on these boards occasionally, is a master of research, but I seem to recall it being listed on an SNC list about year 2000 for 550 pounds!

I have also seen a 1934 that although not proof almost has a specimen presentation appearance to it that was somewhat "reddish", although the proof for sale this year at auction (whose? can't remember) had also been toned.

Funny, I had looked over my own pennies and just thought that the 1915 and 16 dates needed upgrading and I had more or less just stuck something in the hole (yikes that sounds rude). Perhaps a few of these dates are a bit more difficult than had commonly been thought.

As far as currency in uncirculated that 1922 rev. of 27 is IMO by far the scarcest, but next in absolute top grade is the 26ME, then 19KN. A well struck 19 H is probably IMO as scarce as the 18KN, with 18H bringing up the rear (but also quite scarce with well struck obverse and should ALWAYS bring a premium). 1912 H, well, mehhhh (as Wybrit basically said)...

The others are a tossup and I think possibly not enough attention been paid.

Oh, Jeff, nice pickup on the both!!

coinkat · October 13, 2012 2:47AM

400 plus juice is not shocking

Zohar · October 13, 2012 7:38AM

Lots of British coin expertise here - the back and forth interaction between you guys is enjoyable. Nice pickup.

coinkat · October 13, 2012 9:02AM

I agree Wybrit that the 1912 H is overrated-

JCMhouston · October 14, 2012 1:44AM

Here is the 1916 that came in the lot with the 1915, my old one is a 65RB and this one is 65RD. After it gets in I'll have to decide which one looks best.

JCMhouston · October 14, 2012 2:18AM

And here is the 1936 that came in the lot with the 1934, this is in a 66RD holder.

George V Pennies

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