My 1st maundy.

Discussion in 'World Coins' started by Detecto92, Aug 6, 2013.

  1. Detecto92

    Detecto92 Well-Known Member

    I won this, once it arrives, I will shoot for some better pictures.

    I truly think maundy coins are sleepers, due to their very low mintage. This coin only has a mintage of 4,158. The 1909-S VDB cent can't even hold a candle to this.


    Also, what do you think it's worth. I paid $50, but is it worth more or less?
    [​IMG]
     
    Derick, chrsmat71, Windchild and 3 others like this.
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  3. Numismat

    Numismat World coin enthusiast

    $50 is a bit high for the grade, but a nice coin nontheless.
     
    coinman|101 likes this.
  4. Mat

    Mat Ancient Coincoholic

    Pretty coin. Love those vickies.
     
  5. Ardatirion

    Ardatirion Où est mon poisson

    How did you determine this is a Maundy issue, rather than a regular issue 1843 groat?
     
  6. NorthKorea

    NorthKorea Dealer Member is a made up title...


    The reverse image on the circulated one is the seated statue. On the proof-like issue, it's the 4 in the wreath.

    As for the price, $50 seems WAY overpriced, but I don't think it'd be right for you to return it for that reason. I would have personally offered $20-$23 on that coin given the condition.

    Also, Tim, given all coins in the series are the same guide price, why didn't you hold out for a nice looking 1841 (half the mintage of the majority of the series)?
     
  7. Detecto92

    Detecto92 Well-Known Member


    Oddly enough, krause states $90 for this coin.

    I'm happy at $50, it has a nice old patina to it, and doesn't seem to have any damage.

    The older you go with maundy, the harder it can be to find. Imagine how much was lost was "The Blitz" occurred in 1940? More than one million homes got damaged.

    Besides being lost, sometimes maundy was used for jewelry.

    So between bombings and clueless people who damaged them, I bet there is less than 2,000 1843 Maundy groats out of the original 4,158.

    The groats that circulated for that year had britannia seated.
    [​IMG]
     
  8. Ardatirion

    Ardatirion Où est mon poisson


    UGH! Of course you were right! I completely spaced. Here I was trying to demonstrate that Maundy issues often shared the same types as circulation issues, but that is with the threepence.
     
    wyvern likes this.
  9. Detecto92

    Detecto92 Well-Known Member

    For that reason, I'm a little scared to buy some maundy. There is no difference between size, weight, and metal content for some issues of maundy, and they look exactly the same.
     
  10. NorthKorea

    NorthKorea Dealer Member is a made up title...


    That's for a UNC (as opposed to FDC) coin, isn't it? By European standards, your coin is VF/XF, nowhere near UNC.
     
  11. Detecto92

    Detecto92 Well-Known Member

    I didn't think maundy money circulated....
     
  12. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Tim, it's the same as when you find proof Kennedy coins in bank rolls. People spend them if they don't know what they are. My friend is a great example of this. His mom asked me to sell her father's coins for her because my friend told her that if he is given the coins (they are his inheritance), he'll take them to the bank and deposit them into his savings account.
     
  13. Detecto92

    Detecto92 Well-Known Member

    Turned out better than pictured.
    [​IMG]
     
  14. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Looks cleaned, but at least it's not as circulated as it first seemed... but now it looks like there's also some PVC damage or something.
    XF details - cleaned?
     
  15. Detecto92

    Detecto92 Well-Known Member

    No PVC damage on my end. PVC damage is green.
     
  16. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Umm, no. PVC residue is green. I'm talking about the brown/black spotting on the reverse in the teeth. The big spot might just be oxidation, but the rest, I'm pretty sure is PVC damage.
     
  17. scottishmoney

    scottishmoney Buh bye

    Paid about double what I would have paid for it, but if you are happy that is all that matters.
     
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