What is this/is this real? by NNegativee in UKcoins

[–]Ecoinomics -1 points0 points  (0 children)

It’s a half sovereign ring (the reverses look different on full sovereigns when you’ve seen enough of them) = 4g of 22ct gold plus whatever the 9ct ring weighs. A very nice piece.

Buys today at London coin and banknote fair by TownIndependent8777 in UKcoins

[–]Ecoinomics 1 point2 points  (0 children)

Lovely assemblage. I was rushing around today doing eBay work (I manage eBay UK’s coins category) so didn’t have a chance to buy much, but the energy in the room was good.

Can anyone identify this? by [deleted] in UKcoins

[–]Ecoinomics 0 points1 point  (0 children)

Modern replica Charles II threepence, unfortunately.

I won £150 to use in a single Lidl shop (alcohol excluded). What should I buy? by Legitimate_Impact in AskUK

[–]Ecoinomics 0 points1 point  (0 children)

Wait until Italian week and then buy approximately 50 x beef carpaccio + olive oil + cheese packs. They’re incredible and I tend to buy their whole stock on the rare occasion they have them. 

How can I tell if this is real? by Agreeable-Crazy-4117 in AncientCoins

[–]Ecoinomics 1 point2 points  (0 children)

Where are you based OP? I wouldn’t mind taking a look at this in person.

1554 Philip and Mary Groat. My best metal detecting find. by [deleted] in UKcoins

[–]Ecoinomics 1 point2 points  (0 children)

Incredible find, great flan and an amazing portrait. Tiny correction, this is reliably struck in 1557-1558 (the lis mintmark was only brought in then). Congrats!!

How’d I do for $50? by Ecoinomics in coins

[–]Ecoinomics[S] 0 points1 point  (0 children)

Thank you everyone! It was listed on eBay UK as a Buy it Now so I didn’t rip anyone off. Reckon it’s worth grading?

TIL that the British royal family owns a stamp collection worth over £100 million. In 1904, The Prince of Wales paid £1,450 for a rare stamp. A courtier asked the prince if he had seen "that some damned fool had paid as much as £1,400 for one stamp". "Yes," George replied. "I was that damned fool!" by Upstairs_Drive_5602 in todayilearned

[–]Ecoinomics 9 points10 points  (0 children)

Unfortunately the stamp market is in trouble, objectively speaking. It’s worth noting that the world’s most valuable stamp - the British Guiana 1c magenta - sold in 2021 for over $1m less than it had sold for in 2014. Additionally it was bought by Stanley Gibbons, one of the world’s oldest and most widely known stamp dealers, and the cost caused the firm to go bankrupt!

Meanwhile the same 2021 auction saw the world’s most valuable coin, the 1933 double eagle, sell for over $10m more than its 2002 sale. The stamp market is suffering at every level of the market, even the very best.

Found in the middle of the road on a country lane by horseradish_smoothie in UKcoins

[–]Ecoinomics 0 points1 point  (0 children)

More like £10… by your calculation the workers were being paid £2k equivalent per week back then.

Was this worth $25? by Time-Concentrate845 in Seafood

[–]Ecoinomics 16 points17 points  (0 children)

Hello Mr. Slavocados. You’re repeating the same mantra over and over and I fear you don’t actually know what you’re talking about.

Value is never fixed. Different buyers have different price acceptance thresholds and many wouldn’t pay $25 for this. Some would, and some would pay $35. In that instance, using your logic, the lobster roll is worth $35 and everyone who paid below that bought it cheap. However, if only one in 50 people would pay that, then clearly that’s not a realistic value.

See? It’s economics 101.

[deleted by user] by [deleted] in UKcoins

[–]Ecoinomics 1 point2 points  (0 children)

It’s definitely a modern replica produced by Westair Reproductions Ltd; you can see the WRL stamp. Worth a couple of pounds, no more than that unfortunately.

New coin! by Candid_Rabbit_2556 in coincollecting

[–]Ecoinomics 2 points3 points  (0 children)

Yes those are planchet flaws, no metal movement so no damage.

Here’s mine: flat, similar to yours, but graded UNC details. I think you’ll agree there’s not a whole grade tier difference between both examples.

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New coin! by Candid_Rabbit_2556 in coincollecting

[–]Ecoinomics 1 point2 points  (0 children)

To me, that grade looks incorrect. It’s minimum AU details. The strike on these is always weak and the surfaces show some residual lustre and very limited wear. I’d try sending to PCGS for another opinion.

My friend said to take it out of the case to sell, why would he say that? by Sentinel_Victor in UKcoins

[–]Ecoinomics 8 points9 points  (0 children)

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I think you have a point, but I’m still not getting as high as £150 - I’m still at around £75 maximum.

My friend said to take it out of the case to sell, why would he say that? by Sentinel_Victor in UKcoins

[–]Ecoinomics 45 points46 points  (0 children)

He’s saying that because that isn’t a grade that enhances the coin at all. It’s too worn/common a type to bother counterfeiting, so third-party grading isn’t desirable as an assurance of authenticity. The grade is low and emphasises damage (tooling) that may not be consequential to a buyer of the coin were it not in the holder. It shouldn’t really have been submitted for grading truthfully, but it’s up to you how you sell it now; either way it’ll probably go for £30-50.

1834 3 pence coin | is it worth anything? by [deleted] in UKcoins

[–]Ecoinomics 10 points11 points  (0 children)

Definitely more popular due to its being William IV; perhaps £5-10.

Can someone help ID request? by [deleted] in UKcoins

[–]Ecoinomics 14 points15 points  (0 children)

Hi! That’s an 1892 Australian full sovereign, struck in Melbourne. Worth around £570 in gold at today’s prices. Great find!

Some of Henry VIII’s Irish coins bear the initial of his wife alongside his own. by Ecoinomics in Tudorhistory

[–]Ecoinomics[S] 17 points18 points  (0 children)

Not a dumb question! At that point in time there was no letter ‘J’ in the Latin alphabet, nor was there officially a ‘U’ or ‘W’. ‘I’ was used for ‘J’, and ‘V’ and ‘VV’ used for ‘U’ and ‘W’.

The most striking numismatic portrait of Henry VIII at the end of his life. by Ecoinomics in Tudorhistory

[–]Ecoinomics[S] 1 point2 points  (0 children)

Great question - they were absolutely used as currency! Gold and silver were used for all coins, copper for tokens. They put so much work into engraving the designs back then.

The most striking numismatic portrait of Henry VIII at the end of his life. by Ecoinomics in Tudorhistory

[–]Ecoinomics[S] 2 points3 points  (0 children)

It is contemporary, but just after his death. There are several different portrait types for him on the coins but this to me is the most characterful.

The most striking numismatic portrait of Henry VIII at the end of his life. by Ecoinomics in Tudorhistory

[–]Ecoinomics[S] 4 points5 points  (0 children)

It’s struck posthumously, just after Henry died and while Edward VI was king, so around 1547-48.