1920 Penny Plain. A sad tale

Started by autocoupler, April 07, 2014, 10:07:49 PM

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robbiegal


autocoupler

Quote from: 'nealeffendi' pid='46105' dateline='1396875301'Lovely coin (sans scratches),would have been an excellent coin to slab of a pricey variety . Fairly late die stage example of the second most common No Dot die pairing.

Hi Neal, Thanks for your comments. I was just looking at IAG auction 79, lot 447, 1920 no dot penny gVF/aEF current bid $650. Looks like curved base lettering on the reverse to me?
As we age we lose three things, one is our memory and arrrrr I've forgotten the other two!

nealeffendi

4
Quote from: 'autocoupler' pid='46377' dateline='1397355753'
Quote from: 'nealeffendi' pid='46105' dateline='1396875301'Lovely coin (sans scratches),would have been an excellent coin to slab of a pricey variety . Fairly late die stage example of the second most common No Dot die pairing.

Hi Neal, Thanks for your comments. I was just looking at IAG auction 79, lot 447, 1920 no dot penny gVF/aEF current bid $650. Looks like curved base lettering on the reverse to me?

Yes,CBL.
This EXACT same coin was sold one year ago at Pacific  Rim (3/4/13 lot 83) for $1500! Look at the 2 dings on the rim below 20 (a match)
Why are they offloading it now?
Perhaps they realise that it is a Dot Below penny (I pointed that out on CCF? about six months ago).
I can recognise the die pair.There is a sloping die crack through SVD. I have 145 coins from this die pair and I can see the dot on a number of them.
As always, buy the coin and not the slab.
Will PCGS compensate this seller down the track for the loss he has suffered over the past year or to the new buyer who will find his XF40 Dot Below is worth perhaps $20?

robbiegal

I have this nice poorly struck 1920
it sort of looks a bit like a no dot in the hand
but after seeking opinion from s couple of those who know more than me
it seems to be a dot below (vaguely there in there in the photo)
Neal, your expert opinion would be appreciated (thanks in advance!)

nealeffendi

Your penny is a Dot Above scroll and from a die pair that accounts for about 40% of the variety. The particular die pairing has a number of faults including a deteriorating inner ring (especially at 5 o clock), a dot between NY, a dot in the fork of Y, a dot between LT, a dot inside the o of MO, a dot on the top left edge of o in OF, a dot near the rim to the lower right of 20. As that die pair deteriorated the inner ring got progressively worse, die clash marks occurred and  a die crack developed at TT OM.
Also I can see the dot above the scroll.

robbiegal

thanks heaps for the die markers update
years ago, I thought the dot was above the bottom scroll and then I convinced myself it was below the bottom scroll! The dot above seems to have taken a ding and hence, it is not easily distinguished
 
knowing the die markers  helps to solve the mystery as where the dot is or should be!