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Ira and Larry Goldberg Auctioneers
Auction 96  14-15 February 2017
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Lot 3086

Starting price: 225 USD
Price realized: 200 USD
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Great Britain. Penny, 1858 (8 over 3). S.3948; KM-739. Victoria. Obverse young portrait of queen left, by Wyon. Reverse; Britannia. A glossy mint state coin which is very difficult to locate in the highest grades. NGC graded MS-63 Brown. WINGS. Estimate Value $225 - 275
* Peck writes that that throughout the 1850s, dies were sometimes re-used by imposing a new numeral over an existing one. He states 'In 1864, during the Mastership of Professor Graham 1855-1869, a new and wasteful practice was introduced of scrapping all imperial coins on the last day of the year for which they were dated, regardless of their condition. Previously, dies of one year continued to be used for ther following year as long as they remained serviceable, sometime with the date altered by recutting the last figure. The only known instances of such overcutting in the bronze series occur for the years 1865 and 1889.'.
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