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Is This A 1930 Penny?

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Author Previous TopicReplies: 8 / Views: 2,897Next Topic  
Valued Member
CoinOS's Avatar
269 Posts
 Posted 07/24/2019  7:32 pm Show Profile   Bookmark this topic Add CoinOS to your friends list Get a Link to this Message Number of Subscribers
Gidday!
Would a resident 1930 penny expert let me know if this is genuine please?
Thanks in advance.



No better image is available.
..sorry about the graffiti, I was bored...
Formerly nancyc
Nevol's Avatar
Australia
5384 Posts
 Posted 07/24/2019  8:03 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
The 0 looks wrong, so I'd say it's an altered coin. Sorry.
life is a mystery to be lived not a problem to be solved
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/24/2019  8:22 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Looks fake to me. I wouldn't even consider buying this coin raw.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 07/24/2019  9:01 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
is it in a third party holder, or a generic one. It is an extremely rare coin, with only a handful being known to exist,
buyer beware. Odds are against it being real..
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CoinOS's Avatar
269 Posts
 Posted 07/25/2019  12:22 am  Show Profile   Bookmark this reply Add CoinOS to your friends list Get a Link to this Reply

Quote:
The 0 looks wrong, so I'd say it's an altered coin.

I agree the 0 looks wrong.

Quote:
I wouldn't even consider buying this coin raw.

Nor would I.

Quote:
is it in a third party holder


It's NGC graded at F 12 BN



NGC's photography has come a long way since 2011 -
these NGC images are awful and I needed to boost gamma and contrast to see anything.

I looked at that for a while and eventually decided it's a case worthy of CCF scrutiny.

It has London reverse & Indian obverse.

It's on ebay now and easy to find.
I won't put it's NGC no. here - but that can be found at ebay too.

An interesting case ..

Trivia:
Some may not know that the NGC copper guarantee expires at 10 years. On February 3rd 2021
- that is no longer a graded coin.




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spru's Avatar
United States
12441 Posts
 Posted 07/25/2019  02:08 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I can't say one way or the other, because I hope I could trust NGC, but I'm no expert on these by any means. However, I can't figure why you don't want to share more specific info about this coin. The ebay listing has many more pictures. Here's the ebay listing:

https://www.ebay.com.au/itm/1930-Au...AOSwokVdDs7V

Here's the corresponding NGC Verify page (with horrible pics):

https://www.NGCcoin.com/certlookup/3313279-006/12/

As a side note, here is another one currently listed on ebay:

273918839623
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Valued Member
CoinOS's Avatar
269 Posts
 Posted 07/25/2019  02:47 am  Show Profile   Bookmark this reply Add CoinOS to your friends list Get a Link to this Reply

Quote:
Here's the ebay listing:


URL error there
283557231299


Quote:
I can't figure why you don't want to share more specific info about this coin


The topic questions NGC and that coin, not the seller.
I'm not certain it's bad - and I don't want to mess up his sale.

The current market is no good for sellers unless the coin is either very special or very cheap.

Rare as that penny may be, one with the desire and wallet could buy one every day of the week.
The 1931 dropped 1 Indian penny is also easy to find at present and far more rare than the 1930 penny.

Both PCGS and NGC have made serious mistakes, there is no doubt there.
I hope it is real for the sellers sake - he probably has a lot invested.

In 19 months that coin needs to be resubmitted as copper coin gradings by NGC are only good for 10 years.

Hundreds of thousands of fake 1930 pennies exist and they range from obvious rubbish to spectacular.
Nobody with common sense will spend that much without looking at it in hand closely.

I don't like the '0' but maybe it's just a bad photo..

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SDcoinguy's Avatar
United States
2416 Posts
 Posted 07/25/2019  2:13 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
why is the 1930 penny so valuable>?
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Australia
1344 Posts
 Posted 07/25/2019  5:56 pm  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
why is the 1930 penny so valuable>?

See here https://www.downies.com/news/1930-p...ralian-coin/
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