Hello CT members, I just tried to sell a Spink 2860 Briot's second milled issue silver sixpence (Charles 1) without much success (got offers but below what I paid) but was informed by an honest and keen eyed punter that it was an error coin. On the reverse, the word Christo has the r totally missing, no overstrike. The legend is very crisp and universally clear with no evidence of clipping. Just wondering if the errata makes much difference.......hard nosed commercial coin dealers always like to talk you down and and trivialise these things. I paid £188 for it at auction. Will see about popping it in my album for you to see. Any comments appreciated, Julian Marbury518
Typically it does. Of course it also depends largely on who is looking to buy the coin. Somebody just collecting by type probably wouldn't care at all. But someone who specialized in the series would care a lot. It also depends on the commonality of the issue. If there are a lot of them then premium will be minimal. But if the issue is quite scarce, then there may be substantial premium.
Thanks GDJMSP ....i guess as someone who isn't an authority on these things you always hope for a definitive answer...........I have the coin on my CT album now. Perhaps the sale platform might be more important than the reserve i put on it......an auction of those in the know would be ideal I guess. Thanks, Julian
Here's an example Julian, I bought the coin below some years ago. Don't know if you are familiar with French coinage, but you see that first F on the obv - it is not supposed to be there. Now I noticed it right off. But apparently nobody else did, not even the seller. And the seller is very knowledgeable. But I paid no premium for the coin, I paid a price commensurate with the grade - MS64. Now in the years that followed I searched and searched, but this is a totally unlisted variety. I did however manage to find one more example, they thought it was the only example, in a coin catalog about 2 years after I bought mine. But it was only in Fine condition. And sold for a pretty penny.
An impressive coin and no I don't know anything about French coins. Thanks for showing it. I guess given the right number of circumstances you are saying that it might certainly be worth something higher than the Spink catalogue figure for the non error version. I have now posted in my cointalk album if you get a chance to look. All the best, Julian
Hi, just posted another new addition to collection on my CT album. An 1887 double sovereign A/Unc, has a few minor knocks but the obverse is very pleasing. Feels quite weighty. Just spoke to my coin dealer; very nice of him to ring so late and he is of the view that it should sell as an error coin at about £300-325.....so a good buy at £188 but perhaps not enough to shout about on CT.........us novices always think we've hit the jackpot! Julian
And I have no doubt that it will. And if offered in the right venue, perhaps a fair of some note, it might even bring more
Perhaps it's a British thing but I have never been to a fair....we seem to do Rostrum or online auctions and that's about it......my coin dealer has a friend who writes the Spinks catalogue for this historiacal period, so I hope to get a definitive answer on Monday. Either way, its a 100s thing not a 1000 thing so I'll just have to keep looking like the rest of us........Julian
