1952 Penny

p.gee · February 24, 2017, 02:55:22 PM

This is the nicest Penny we've found in our collections so far.
I think it is from the Melbourne mint. Can anyone help with the grade and value. I was thinking maybe ms63rb, or am I being overoptimistic.
Also, we would like to preserve the red as much as possible and have it in a Saflip. Is there a better option.
Thanks P.G.

echidna · February 24, 2017, 06:58:19 PM

Based on the pic I'd agree with 63RB.
Saflips are suitable also the quality 2x2s (staple version) are good too.

robbiegal · February 24, 2017, 10:26:28 PM

Beautiful
Bet that is a Bobby dazzler in the hand

Carbon flecks might downgrade it but gee they nearly always have some

autocoupler · February 25, 2017, 01:19:02 AM

Nice coin P.G. I would guess there's not too many about with that much red. :good:

r9453 · February 25, 2017, 04:29:49 AM

Coin of the day if you ask me. Here are a couple of PCGS MS63RB for comparison (not mine, I think the second might have something to do with trout):

http://www.pcgs.com/cert/32019509

http://www.pcgs.com/cert/33193758

robbiegal · February 25, 2017, 08:55:10 AM

I'd reckon that pg's coin is a red
But pcgs can run hot and cold on that designation

ausjack · February 25, 2017, 11:27:39 AM

:drooling: lovely coin with great eye appeal PG, well done mate :good:

p.gee · February 26, 2017, 10:34:24 AM

Thanks everyone for your help.

I think your right Robbiegal, I looked up pcgs grading of copper coins and they require 95 percent red so it might go close.

ausjack · February 26, 2017, 10:58:44 AM

Like RG said pcgs can be hot and cold so your better off thinking RB and then be happily surprised if it comes back RD rather than being let down because it didn't quite make the grade.

trout · February 26, 2017, 11:23:34 AM

For some odd reason PCGS doesn't like the wood toning streaks on our coppers, Personally I Love the wood toning streaks and you should jump up a grade with them because of the eye candy effect they have :good:
PCGS will definitely not give your coin a RD attribution because of these streaks so RB63 it is I recon.
Lovely coin Mate

ausproofs · February 26, 2017, 11:35:53 AM

Hey PG, Nice coin... If you are thinking of getting that coin graded, it would cost you about $50-60 via a dealer. As I mentioned it would be 63-64 RB or slight chance of getting a RD designation. But if I was weighing the options, I would buy a 52 already graded .. you can buy a 63 RB for less than $50 or 64RD for about $100 at auction.. I love the coin below...

https://www.thepurplepenny.com/1594,australia-1952m-penny-1d-choice-uncirculated-pcgs-ms64rd-red.html

trout · February 26, 2017, 11:41:21 AM

There is nothing wrong with just putting the coin in a 2x2 or saflip hen putting it in an album :ok:
Getting the coin graded by PCGS isn't going to improve it :angel:

ausproofs · February 26, 2017, 12:26:02 PM

Quote from: 'trout' pid='105882' dateline='1488071481'There is nothing wrong with just putting the coin in a 2x2 or saflip hen putting it in an album :ok:
Getting the coin graded by PCGS isn't going to improve it :angel:

Yes. Nowhere I said to grade the coin. Better off putting it in a saflip than getting it graded with PCGS as it would just be a cost.