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London Coins Ltd
Auction 175  4-5 Dec 2021
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Lot 2172

Starting price: 180 GBP
Price realized: 240 GBP
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Penny 1858 No W.W. Peck 1518 UNC with practically full lustre and of stunning appearance thus, in an LCGS holder and graded LCGS 82. Although LCGS consider lustre, and mark down coins that have unsightly toning problems, they do not rate eye appeal as highly as the USA grading companies. The CGS system attaches more importance to wear, bag marks, hairlines etc, so coins with these problems that, owing to eye appeal may be hyped up by traditional retailers or graded higher in the US, will get a more conservative grade. The joint finest known of 10 examples thus far recorded by the LCGS Population Report, Ex-London Coins Auction A121 June 2008 Lot 913 hammer price £300

Estimate: 180-360 GBP
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