Coin

[artie]

Anyone know what this is?

 

[nickds1]

1895 Victoria Crown.

They came in silver and are worth a decent amount in very good condition, which yours is not!

 

[scooby]

wow. informative but a bit blunt

 

[JobandKnock]

Good Yorkshire trait...

 

[J-G]

Face value was 5/- now 25p. In highest Brilliant Un-circulated condition ~£600 - yours is 'Fair' to 'Poor' ~ £5 - (that's not an offer )

 

[Woody2Shoes]

So-called "widow head" (version of Viccy's portrait) 1 Crown Coins from Great Britain (Sterling pre-decimal)

How did you come by it?

 

[Misterdog]

Soak it in brown sauce and will come up mint.

 

[Woody2Shoes]

Soak it in brown sauce and will come up mint.

That'd be mint sauce, I think you'll find...

 

[marcros]

That'd be mint sauce, I think you'll find...

mint sauce and it will come up brown...?

 

[artie]

So-called "widow head" (version of Viccy's portrait) 1 Crown Coins from Great Britain (Sterling pre-decimal)

How did you come by it?

It was given to me on the occasion of my birth, by some long deceased relative.

 

[artie]

yours is 'Fair' to 'Poor' ~ £5 -

Surely there's more than a fivers worth of silver in it?

 

[nickds1]

Surely there's more than a fivers worth of silver in it?

There's about 1oz/26g of silver there, so at the current spot price, about 19 quid.

 

[J-G]

Apologies - I hadn't considered the 'scrap' value

In UNC condition there would be 0.91oz total weight and the Ag content is 92.5% so about 0.84oz which is ~24g With the amount of wear there is I suspect that you might recover about 20g and at today's price of ~£605/kg that's about £12 but I doubt that a dealer would stump up more than a tenner.

 

[Sandyn]

It's a 'luck penny' keep it, then pass it on to another new born in the family. I always remember my father putting a coin in the pram of any new child in the family.

 

[Woody2Shoes]

It was given to me on the occasion of my birth, by some long deceased relative.

Very nice thing to have. I guess it's been in (some part of) your family for a while already.

 

[artie]

Very nice thing to have. I guess it's been in (some part of) your family for a while already.

In the loft yesterday I "found" it in a box of old stuff that hadn't seen the light of day for a long time.

It doesn't say on it what it is but I suspected it was my crown, and needed confirmation.

I have no intention of parting with it, if for no other reason. than it won't decrease in value whereas the cash would.

I can't ask anyone about it as I am now one of the oldest surviving family members.

I may clean it and put it back in the loft.

According to google 5s was roughly an hours wage for a factory worker the year I was born.

 

[J-G]

...I may clean it...

If you do, you'll wipe out any value - just put it in a plastic bag.

 

[artie]

If you do, you'll wipe out any value - just put it in a plastic bag.

What percentage of the £5 value do you think I would wipe out. lol

 

[J-G]

What percentage of the £5 value do you think I would wipe out. lol

My point was poorly made but essentially the coin has an intrinsic value purely from the amount of silver it contains but also has a value to a numismatist - though serious ones only want 'BU' or better specimens - by cleaning it you are likely to remove any premium a collector might pay.

 

[artie]

you suggested a value of £5 well under the value of the silver content, What exact premium are you talking about?

I'm not being funny, if you know anything about this subject, could you put your feet on the ground and share?