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1766 Pitt Farthing - PCGS Genuine Not Gradable
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<p>[QUOTE="OldShutEye, post: 1216073, member: 31918"]Hi, everyone. I must apologize in advance. I generally don't post on a forum, unless I have some knowledge to offer. Unfortunately, I know nothing about coins. I only collect guitars!</p><p><br /></p><p>I was recently going through some old boxes, and I found a small bag of coins that my grandfather gave me when I was a kid. I was able to research and identify them, and all but one turned out to be quite common. I found out that the sole interesting coin was a Pitt token of some kind, so I sent it to be verified and graded by PCGS. As you can see from the photos, they have marked it as a 1766 Genuine Pitt Farth, Not Gradable. And, as I understand it, the "97" indicates environmental damage, meaning the coin was likely buried for a while.</p><p><br /></p><p>I have searched the internet for more information on Pitt Farthings, and haven't come up with much. It seems they're rare, especially compared to the Pitt half-pennies. I've also read that most known examples are hole-punched.</p><p><br /></p><p>My amateur research suggests that these farthings were often used as burial coins. I was born and raised here in Savannah, GA, and I like to think that this particular coin was placed on a dead man's eyes close to 250 years ago. Maybe he was a plantation owner, or a gentleman pirate. Imagining this, I can see the allure of coin collecting! Is it a coincidence that my favorite movie is <i>The Goonies</i>?</p><p><br /></p><p>Anyway, I would appreciate as much information as possible about my Pitt Farthing. I'm pretty sure it's made of copper. Aside from that, and what little information I've provided, I'm ignorant. I'm not even sure what the difference is between a farthing and a half-penny. Size? Face value?</p><p><br /></p><p>I'm also curious, of course, about the coin's market value. Since it does not meet PCGS's grading standard, how much dollar value should assign to it? I was not able to find any standard with which to compare it.</p><p><br /></p><p>Thanks for reading, and I hope some of you experts can enlighten me.[/QUOTE]</p><p><br /></p>
[QUOTE="OldShutEye, post: 1216073, member: 31918"]Hi, everyone. I must apologize in advance. I generally don't post on a forum, unless I have some knowledge to offer. Unfortunately, I know nothing about coins. I only collect guitars! I was recently going through some old boxes, and I found a small bag of coins that my grandfather gave me when I was a kid. I was able to research and identify them, and all but one turned out to be quite common. I found out that the sole interesting coin was a Pitt token of some kind, so I sent it to be verified and graded by PCGS. As you can see from the photos, they have marked it as a 1766 Genuine Pitt Farth, Not Gradable. And, as I understand it, the "97" indicates environmental damage, meaning the coin was likely buried for a while. I have searched the internet for more information on Pitt Farthings, and haven't come up with much. It seems they're rare, especially compared to the Pitt half-pennies. I've also read that most known examples are hole-punched. My amateur research suggests that these farthings were often used as burial coins. I was born and raised here in Savannah, GA, and I like to think that this particular coin was placed on a dead man's eyes close to 250 years ago. Maybe he was a plantation owner, or a gentleman pirate. Imagining this, I can see the allure of coin collecting! Is it a coincidence that my favorite movie is [I]The Goonies[/I]? Anyway, I would appreciate as much information as possible about my Pitt Farthing. I'm pretty sure it's made of copper. Aside from that, and what little information I've provided, I'm ignorant. I'm not even sure what the difference is between a farthing and a half-penny. Size? Face value? I'm also curious, of course, about the coin's market value. Since it does not meet PCGS's grading standard, how much dollar value should assign to it? I was not able to find any standard with which to compare it. Thanks for reading, and I hope some of you experts can enlighten me.[/QUOTE]
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1766 Pitt Farthing - PCGS Genuine Not Gradable
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