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Great Britain 1848/7 Penny-help with grade

laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
in World & Ancient Coins Forum
I was pleased to find a decent example of this overdate this weekend at a local B&M.

Problem was they had it graded XF but after a little frank discussion they admitted that VF
was more likely and the price dropped from $75 to $22 which I was willing to pay.

It's a story of a better reverse vs obverse-what would you grade the coin at? Would
you have purchased it at all?

Overdate shows clearly under 5x, doubling shows up as well.
Large images so I'll use links.

obv
rev
date
One of the penalties for refusing to participate in politics
is that you end up being governed by inferiors. – Plato

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    farthingfarthing Posts: 3,295 ✭✭✭
    I would give it a gVF from the images due to the rim dings. In hand I might give it a aEF grade, but that's just me. image
    R.I.P. Wayne, Brad
    Collecting:
    Conder tokens
    19th & 20th Century coins from Great Britain and the Realm
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    MuygrandeosoMuygrandeoso Posts: 299 ✭
    I agree farthing...gVF

    Chris

    Successful BST transactions with:CollectorsCoins, farthing, Filacoins, LordMarcovan, Duki, Spoon, Jinx86, ubercollector, hammered54
    LochNess and ProfHaroldHill

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    RobPRobP Posts: 483 ✭✭
    I'd give it close to VF or thereabouts. There is quite a lot of friction evident together with a few contact marks and a full VF seems a bit generous. Would I have bought it? - no. Did you overpay? - $22 is about right for the grade (UK pricing I would say £15 max).
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    7Jaguars7Jaguars Posts: 7,993 ✭✭✭✭✭
    Ditto on the VF as the "hits" are rather strong. Love these large copper pennies!!!Can't see how 22 dollars a bad price.
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    wybritwybrit Posts: 6,999 ✭✭✭
    It's a nice coin at the higher end of VF.
    Former owner, Cambridge Gate collection.
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    RareBronzeCollectorRareBronzeCollector Posts: 1,270
    It is also the sub-variety with the E/E in DEF on the reverse
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    coinkatcoinkat Posts: 24,473 ✭✭✭✭✭
    GVF by British standards- nice.

    Experience the World through Numismatics...it's more than you can imagine.

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    laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    It is also the sub-variety with the E/E in DEF on the reverse

    What is this the result of? I could find nothing in Krause or Coincraft concerning this sub-variety.

    I'm surprised by the gVF grading-I thought the obverse (especially the hair) barely qualified for VF.

    What do I need to understand to better appreciate this example?
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
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    7Jaguars7Jaguars Posts: 7,993 ✭✭✭✭✭
    Krause will generally NOT list lettering varieties as it is simply too unwieldy. This example pointed out is rather minor as well. Another interesting series with far more lettering varieties are the Maundies from about 1850. No added value for the lettering variant IMO.

    I think the gVF grading is rather optimistic and would be OK except for the hits and rim issues which are more than I would accept for this and so VF would be a defensible grade that would stand.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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