1922 Penny

stevo1962 · July 24, 2014, 08:11:33 AM

I haven't purchased this coin yet but I'm hoping it
will go at least MS62 otherwise it's not worth buying

Robster · July 24, 2014, 08:48:32 AM

Stevo, are you purchasing this coin for a particular die pairing or something else.? The fields on the reverse look quite 'pitted'.!

nealeffendi · July 24, 2014, 08:56:19 AM

How do the TPGs feel about coins with uneven surfaces? The reverse is a fine example of how rough the mints were in quality control and I have seen comments before about how unfairly harshly the graders treat coins that were never perfect to begin. I do like the penny though.
When you say you need MS62 to make it worthwhile is that because of how much the coin will cost or the factoring in of slabbing costs?

stevo1962 · July 24, 2014, 09:18:59 AM

Quote from: 'Robster' pid='55363' dateline='1406157512'Stevo, are you purchasing this coin for a particular die pairing or something else.? The fields on the reverse look quite 'pitted'.!

Trying to collect uncirculated if I can afford it and maybe start a penny registry set but don't know how PCGS will view it

Quote from: 'nealeffendi' pid='55364' dateline='1406157979'How do the TPGs feel about coins with uneven surfaces? The reverse is a fine example of how rough the mints were in quality control and I have seen comments before about how unfairly harshly the graders treat coins that were never perfect to begin. I do like the penny though.
When you say you need MS62 to make it worthwhile is that because of how much the coin will cost or the factoring in of slabbing costs?

I'm waiting for a price but if I had an idea of how it would grade at PCGS I can make a more informed decision

trout · July 24, 2014, 09:49:29 AM

Looks like a nice lustrous coin despite the use of the rusty die to strike it.
This would have to be at least MS62BR to my uninformed eyes.
I am pretty crap at grading coppers especially from pic's But that is what the coin looks like to me :ok:

Robster · July 24, 2014, 10:05:34 AM

Understood.! Looking at the images at that angle seem to distort the letters (in particular the 'Y' in PENNY). This could be due to a wider angle lens imo. The pearls and diamonds look sharp as does the entire Obverse.!
Reverse seems to have some extra metal at the top of 'O' in ONE. Perhaps this is one of those coins with two distinctly different grades for the two sides.!:dontknow:.
Would think that pics. from above would assist.!

stevo1962 · July 24, 2014, 10:21:39 AM

Quote from: 'Robster' pid='55368' dateline='1406162134'Understood.! Looking at the images at that angle seem to distort the letters (in particular the 'Y' in PENNY). This could be due to a wider angle lens imo. The pearls and diamonds look sharp as does the entire Obverse.!
Reverse seems to have some extra metal at the top of 'O' in ONE. Perhaps this is one of those coins with two distinctly different grades for the two sides.!:dontknow:.
Would think that pics. from above would assist.!

If it's unc I will need to play it cool as this guy seriously undergrades so probably can't rely on his grading and the bluesheet value from aUNC to UNC increases 7 fold so whatever happens there is always a measure of risk involved

Looks like it has an extra dot between the F and the D on the obverse

Robster · July 24, 2014, 10:44:46 AM

Best of luck then, will follow your progress.!!

autocoupler · July 24, 2014, 10:07:42 PM

Have you seen the coin in hand? IMO The surfaces look suspiciously artificial, like they have had a wipe with olive oil or something.

echidna · July 24, 2014, 10:18:08 PM

Quote from: 'autocoupler' pid='55452' dateline='1406205462'Have you seen the coin in hand? IMO The surfaces look suspiciously artificial, like they have had a wipe with olive oil or something.

The coin is OK.
PCGS don't care about light cleaning such as oil up to 64

echidna · July 26, 2014, 04:47:11 PM

This one looks like the wide date version.
Much better strike.
Does anyone know where these were struck ?

Whoops meant to post it in the 1922 penny thread.
Anyway its nice grade I reckon AU58 ?

stevo1962 · July 26, 2014, 05:14:53 PM

Would you slab that one Dave?

echidna · July 26, 2014, 05:20:30 PM

Quote from: 'stevo1962' pid='55612' dateline='1406360693'Would you slab that one Dave?

Yes.
I want to put a registry set of varieties together like emu has done so I will go ahead and slab it I think.

stevo1962 · July 26, 2014, 05:26:34 PM

It's interesting to find out what collectors consider slabworthy and I agree that this coin (Echidna's coin) certainly is
By the way great photography

Fordprefect · July 26, 2014, 05:30:52 PM

Quote from: 'echidna' pid='55611' dateline='1406359031'Does anyone know where these were struck ?

The Wide Date I believe were struck in Perth
using dies supplied direct from London.

Neal would probably be able to comment further
unless it's allready hiding in the '22 thread :- :angel: