Australian-Coins Forum

Numismatic Discussion => Coin and Banknote Grading => Topic started by: stevo1962 on December 13, 2015, 02:06:00 PM

Title: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 02:06:00 PM
Would appreciate grading opinions on this coin that I rescued from the USA   TIA



(http://www.australian-coins.net/gallery/albums/userpics/10137/3_28600x57229.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10137/4_28600x56729.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10137/1_28600x55529.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10137/2_28600x57029.jpg)
Title: RE: 1940 Penny Grade
Post by: echidna on December 13, 2015, 02:20:44 PM
63RB.
Title: RE: 1940 Penny Grade
Post by: trout on December 13, 2015, 02:35:19 PM
Quote from: 'echidna' pid='82676' dateline='1449978644'63RB.

:agreed:
MS63RB
May have a chance at 64 , Very nice K.G  coin :yahoo:
Title: RE: 1940 Penny Grade
Post by: ausjack on December 13, 2015, 02:48:44 PM
It'd go close maybe MS62 but don't know about the funny mark on the obverse just in front of his nose, what is that Stevo? and also due to the marks behind his head and on the bottom of the bust but nice coin mate and reverse doesn't look too bad with just a few little marks :good:
Title: RE: 1940 Penny Grade
Post by: trout on December 13, 2015, 02:54:43 PM
Can you get an image with the coin directly under the camera instead of on an angle ?
That way ALL the detail of the coin will be "In Focus: :ok:
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 03:02:26 PM
Not that noticeable in hand AJ so hope it won't be a problem with PCGS

(http://www.australian-coins.net/gallery/albums/userpics/10137/5~1.jpg)

Quote from: 'trout' pid='82685' dateline='1449980683'Can you get an image with the coin directly under the camera instead of on an angle ?
That way ALL the detail of the coin will be "In Focus: :ok:

My phone camera has a lot of trouble focusing on any coin with lustre.I really need to get a DSLR
Title: RE: 1940 Penny Grade
Post by: robbiegal on December 13, 2015, 04:09:43 PM
looks like a planchet peel to me
nice coin
is it a K.G?
 hard to get zoom on the KG form my view here
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 04:12:30 PM
Quote from: 'robbiegal' pid='82691' dateline='1449985183'looks like a planchet peel to me
nice coin
is it a K.G?
 hard to get zoom on the KG form my view here

Yeah it's a K.G Robbie.Sorry I can't get a better photo as it's an
overcast day here today
Title: RE: 1940 Penny Grade
Post by: robbiegal on December 13, 2015, 04:14:05 PM
well you have yourself a real beauty then,  don't you
my best K.G 1940 doesn't even come that close
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 04:16:54 PM
Quote from: 'robbiegal' pid='82693' dateline='1449985445'well you have yourself a real beauty then,  don't you
my best K.G 1940 doesn't even come that close

Thanks mate I'll send it off to PCGS and hope it will get into
an MS slab
Title: RE: 1940 Penny Grade
Post by: ausjack on December 13, 2015, 04:33:14 PM
Yes it'll be interesting to see what they slab it at, hope it does well for you Stevo :good:
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 05:04:04 PM
Quote from: 'ausjack' pid='82697' dateline='1449986594'Yes it'll be interesting to see what they slab it at, hope it does well for you Stevo :good:

  Thanks mate
Title: RE: 1940 Penny Grade
Post by: robbiegal on December 13, 2015, 06:04:17 PM
your photos are tricky Steve
as it almost looks very RD in the first set of photos
I checked the pop report and few have graded at ms64 (3 all up BN and RD)
I'd suspect this coin in a MS 64 but it is case of whether pcgs understand the minting problems with the coins for the 1940's

I recently had a friend here get some coins graded for me & managed a ms64 bn on a 1944 penny of mine - again this is a tricky year
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 13, 2015, 06:14:19 PM
It has plenty of lustre but pretty sure it won't make RD but it would be worth a shedload if it did
Title: RE: 1940 Penny Grade
Post by: trout on December 14, 2015, 11:51:12 AM
Even at MS63RB this is a $4100 coin.
Anything above that is a bonus :)
Looking forward to seeing the results from PCGS when you eventually get them.
Great looking coin and well found Mate :yahoo:
Title: RE: 1940 Penny Grade
Post by: stevo1962 on December 14, 2015, 11:59:15 AM
Quote from: 'trout' pid='82725' dateline='1450056072'Even at MS63RB this is a $4100 coin.
Anything above that is a bonus :)
Looking forward to seeing the results from PCGS when you eventually get them.
Great looking coin and well found Mate :yahoo:

Thanks mate.It's interesting to note that PCGS haven't graded a 1940 penny in RD
Title: RE: 1940 Penny Grade
Post by: trout on December 14, 2015, 12:04:41 PM
QuoteThanks mate.It's interesting to note that PCGS haven't graded a 1940 penny in RD

After 76 years I presume that finding one of these that is 95% or better RD would be rather "Tough" :ok:
Title: RE: 1940 Penny Grade
Post by: robbiegal on December 14, 2015, 01:58:57 PM
Quote from: 'robbiegal' pid='82700' dateline='1449992057'your photos are tricky Steve
as it almost looks very RD in the first set of photos
I checked the pop report and few have graded at ms64 (3 all up BN and RD ooops RB)
I'd suspect this coin in a MS 64 but it is case of whether pcgs understand the minting problems with the coins for the 1940's

I recently had a friend here get some coins graded for me & managed a ms64 bn on a 1944 penny of mine - again this is a tricky year