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<p>[QUOTE="HammeredCoin, post: 2226974, member: 75598"]Thanks! Please feel free to ask questions! I love talking about this stuff (as if you couldn't tell <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ) The mint in London was by far the most active and are the most commonly found mint of Edward I pennies. So that would be a great place to start your collection because coins in fair condition can be bought at very reasonable prices. For a common class (such as coins minted during the second re-coinage that took place right around the turn of the 14th century) you can buy an Edward I penny in fair condition for around $50-$60.</p><p><br /></p><p>The rule of buying the best you can afford holds true here as well. You want to avoid the most worn and clipped coins that are often found as they have very little value. Flat "flans" with well struck details is the place to really start looking.</p><p><br /></p><p>Aside from the early Edwardian pennies, another great place to start collecting because of the relative affordability would be the "long cross" coins minted by Edward's I father, Henry III. These too are fairly common and very nice examples of these coins can be purchased around the $50-60 to start. These coins take a bit of practice and research to learn how to decipher the mint and monyer, but I think that adds to the enjoyment in collecting them. </p><p><br /></p><p>If the $50-$60 price point is a bit too steep for you, than you can start collecting the cut pennies from this group. Why they are referred to as "voided" long cross pennies is because of the gap in the cross on the back of the penny for the purpose of cutting the coin to produce lower denominations for circulation. During this time period, 1 penny was a typical wage for a days work so buying common goods like bread would require less than that, however, no denomination (larger or smaller) was minted at the time.</p><p><br /></p><p>There are tons of examples of these cut coins that you can buy for $10-$15 and if you happen to get the right half (or even quarter in some cases) you will be able to identify either the mint or moneyer or even both!</p><p><br /></p><p>I hope that helps. Please feel free to ask any other questions![/QUOTE]</p><p><br /></p>
[QUOTE="HammeredCoin, post: 2226974, member: 75598"]Thanks! Please feel free to ask questions! I love talking about this stuff (as if you couldn't tell :-) ) The mint in London was by far the most active and are the most commonly found mint of Edward I pennies. So that would be a great place to start your collection because coins in fair condition can be bought at very reasonable prices. For a common class (such as coins minted during the second re-coinage that took place right around the turn of the 14th century) you can buy an Edward I penny in fair condition for around $50-$60. The rule of buying the best you can afford holds true here as well. You want to avoid the most worn and clipped coins that are often found as they have very little value. Flat "flans" with well struck details is the place to really start looking. Aside from the early Edwardian pennies, another great place to start collecting because of the relative affordability would be the "long cross" coins minted by Edward's I father, Henry III. These too are fairly common and very nice examples of these coins can be purchased around the $50-60 to start. These coins take a bit of practice and research to learn how to decipher the mint and monyer, but I think that adds to the enjoyment in collecting them. If the $50-$60 price point is a bit too steep for you, than you can start collecting the cut pennies from this group. Why they are referred to as "voided" long cross pennies is because of the gap in the cross on the back of the penny for the purpose of cutting the coin to produce lower denominations for circulation. During this time period, 1 penny was a typical wage for a days work so buying common goods like bread would require less than that, however, no denomination (larger or smaller) was minted at the time. There are tons of examples of these cut coins that you can buy for $10-$15 and if you happen to get the right half (or even quarter in some cases) you will be able to identify either the mint or moneyer or even both! I hope that helps. Please feel free to ask any other questions![/QUOTE]
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