1799 Farthing

Discussion in 'World Coins' started by COOPER12, Nov 14, 2020.

  1. COOPER12

    COOPER12 Well-Known Member

    I am trying to get a few 1700's coins from Great Britain for my coin collection. Mostly just to have to look at a nice example of a coin from the 1700's
    i have seen a few nice 1799 Farthing's . Curious if this one would be worth sending in for grading?
    Not my photos sorry about the glare. Looks to have some nice color to me.
    Screen Shot 2020-11-13 at 9.50.00 PM.jpg Screen Shot 2020-11-13 at 9.49.35 PM.jpg
     
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  3. mrweaseluv

    mrweaseluv Supporter! Supporter

    That is a beautiful coin and well worth grading.... if you want it in a slab...
     
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  4. COOPER12

    COOPER12 Well-Known Member

    I guess the lettering area is not glare could this be weak strike near the top?

    Screen Shot 2020-11-14 at 7.10.18 AM.png
     
  5. Ana Silverbell

    Ana Silverbell Well-Known Member

    I like the coin but my preference with coins is to keep coins raw, except for rare, valuable coins. This coin is the "three-berry" variety, which is the most common variety for 1799.

    If you want to get it graded, one issue that may arise with this coin is its color. These are bronze-plated, copper coins and you should familiarize yourself with the coin's natural colors before sending it in to grade. If the grading company determines the coin's color is not natural it will come back as a "details" coin, if it is suspicious but not certain you could get a "genuine" grade.
     
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  6. offa the saxon

    offa the saxon Well-Known Member

    Leave it as it is coins should never be entombed in a plastic coffin
     
  7. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    I've always been skeptical that slabbing world coins adds value. For some pieces, it may be a good idea simply to guarantee authenticity (i.e. gold coins, commonly counterfeited pieces like Chinese silver dollars, etc.). For the vast majority, though, put your money toward expanding your collection, not toward its entombment!
     
  8. Nathan F

    Nathan F Well-Known Member

    The only coins I have graded are my shipwreck reales. That being said I think you should get it graded if you think you would enjoy it that much more.
     
  9. CaptHenway

    CaptHenway Survivor

    In my opinion it would be a waste of money to slab this coin. It is quite enjoyable as is.
     
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  10. whopper64

    whopper64 Well-Known Member

    Considering the premium you pay for slabbed coins (rare and non-rare), I decided to just 2X2 flip all my non-rare coins and store them in a Dansco 7000 with the protective slip cover. That should help protect them almost as well as the over priced slabs. What also helps is that I live in southern Nevada, a very dry climate, and it probably doesn't hurt that my home is a smoke-free environment.
     
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  11. Kentucky

    Kentucky Supporter! Supporter

    Dude, get a 1797 two pence!!!
     
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  12. COOPER12

    COOPER12 Well-Known Member

    I would not mind one of those as well.
     
  13. Cucumbor

    Cucumbor Well-Known Member

    Ditto

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    Q
     
  14. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I think it's a nice coin and a contender for a potential Mint State grade. If you want it in a slab, I'd say yes, submit it. Doesn't have to be in a slab, of course- that's a matter of personal preference.

    My wild guess at the outcome would be MS62 BN to MS63 BN, if there isn't some hidden problem, or if those slight whispers of cabinet friction on the curls near George's ear and on Britannia's left breast didn't make it go AU58. (I don't think so- I think it's got a better than average shot at a low MS grade.)
     
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  15. lordmarcovan

    lordmarcovan 48-year collector Moderator

    The NGC database (based on Krause values) lists this coin for $140.00 in MS60, with no data in the higher grades.

    But take that "book value" with the proverbial grain of salt, and factor in the cost of around fifty bucks' worth of fees if you send it off to PCGS or NGC. Plus whatever the coin cost you.

    If the resulting bottom line still makes sense, then yes, by all means submit it, if you want to. It seems "slabworthy" enough to me from a quality standpoint.

    PS- for a more realistic look at values beyond what could be determined by that NGC/Krause listing linked above, I checked the PCGS auction records for certified coins in the AU55 to MS63 grade range, and they did not sell for quite as much. I did suspect the value above was a little bit inflated.

    So it really depends on how much you ended up having paid for the coin, whether or not it's worth that fifty bucks or so to get it slabbed. If you got it for a good price (say, less than fifty bucks for the original purchase), then maybe it makes sense to spend another fifty bucks on a slab, if you wanted to. But if it cost any more than that, you might end up slightly "underwater" on the overall investment. If that even matters to you.
     
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