Edward I hammered penny graded by NGC

This is my first slabbed hammered british penny, also the first Biritish hammered coin in my collections. This Edward I penny was struck in Lincoln mint in the years from 1279 to 1307. I identified it as Class 3d. But I'm not so sure.
I know many collectors of British hammered coins don't like the idea of slabbing hammered coins. I'm one of them. But I was just curious about what grade NGC would give this tiny penny and decided to have a try at last. VF 25! I think it should be better, at least VF 35 or even XF 40. The condition of this penny is much better than average levels!

 

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can you give a close up of the coin? i can help you with the subclass (a,b,c, etc.). all edward i lincoln minted coins are class 3 and were minted in 1280-1281 a.d. the lincoln mint was only in use during this time. possible subclasses are c, d, f, and g.

 

why put a usa grade on a non-usa coin????

 

They do it to ancients too :/

 

i know they do. i just don't get why. it doesn't make sense to me. off topic... which company grades on details and strike (at least, i think that's what it is) separately. details = x/5, strike = x/5? i know one of the tpgs does. i thought it was ngc, but it could be pcgs.

 

PCGS doesnt grade ancients, just ICG, NGC, & ANACS. But the one your referring to is NGC.

http://www.ngccoin.com/ancients/grading.aspx

 

strike and surface... almost got it right! thank you mat!

 

Like to see a good picture of that penny.

 

Thank you swish513!
I didn't submit for NGC official photos and this is my own best try:

NGC acients service does grade coins in these four aspects: Grade, Strike, Surface and Style. Thus you can see something like Strike: x/5, Surface: x/5. But NGC acients identify and grade coins struck in the Western world from the origins of coinage through c. AD 500, as well as coins of the Byzantine Empire (AD 491-1453). So Edward I penny can only be graded under NGC’s World Coin program, which uses 70 points scale.

 

early s, wedge drapery, crescent abbreviation, roman n... yep, i agree 100% with class 3d.

oh, i forgot to say earlier... NICE COIN!! my lincoln is a class 3c and not near as nice as yours!

 

your pics are awesome!!!

 

Thank you very much for the identification!
I'm glad you like my photos!

 

Nice photo additions.

I need one myself still.

 

i would call it gVF.

 

I am not sure I would give that coin a gVF. I was thinking aVF/VF. I am sure its a wonderful coin in its condition for the issue, but the point being the best coin of certain issues existing might be a F and that is ok. I always go with what theoretically is possible on the coin, and then deduct from there. Again, I think its a wonderful coin, and most aren't nearly that nice, I just like to separate grade from issue.

Doug is right that there is a correlation between the US and world grade standards, but the point being why is the US TPG so arrogant to use US grading system for a world coin?

 

absolute heresy!!! that coin has survived for around 800 years give or take and no one has ever felt the need to entomb it up until now!!!!!!

 

Moneyer12 is always a strong defender of NEVER SLABBING A HAMMERED COIN! haha:devil:

 

I agree with Moneyer but not just hammered coinage, ALL coins.


I`ve collected coins for over 50 years and never had the need to get them put in plastic coffins or graded by some blokes in an office and then a number assigned to them.

The plastic used by the slabbing companies is usually some kind of trade secret, but no doubt it's as stable and inert as their R&D departments can make it, and should do no harm to the coins for the short or medium term. But frankly, we simply don't know how any kind of plastic will behave in the long term - plastic hasn't been invented for long enough. They can do all the artificial ageing tests they like, but the only true test of how a material ages is to wait around for several centuries and see what actually happens.

We know some plastics degrade very quickly, and destroy any metallic objects embedded in them as they degrade (the plasticized PVC you often find in cheap coin albums is an excellent example). We also know that plastics are not eternal, and slabs certainly will not last as long as the gold, silver and copper coins they are purporting to protect.