CROWN
Serious collectors should look for Mint state or AU for the ordinary issue, and FDC for the matt proof are the minimum criteria. Condition is critical in the case of the proof, as the original matt surface is impaired with even a trace of wear. To the untrained eye, a slightly impaired coin can appear perfect, and a beginner should take any opportunity of inspecting a set of FDC matt proofs, if the occasion arises.
PENNY
The 1806 to 1807 coins are not difficult to find in the higher grades and these should be sought. These pieces exist in large quantities in fine condition. At least Mint State as minimum level for serious collectors.
For higher grade of mint state, it's tough to find in Choice Mint State condition and rare in Gem Mint State.
FARTHING or 1/4 PENNY
For serious collectors, the series should be collected in extra fine or better condition with original luster (or part of). counterfeits are easily detectable but are themselves an interesting field of study. The farthings of 1799-1807 did not wear as fast as those of the earlier series as the field on both sides was somewhat concave. The central design thus did not rub against other coins so readily when in circulation.
It's tough to find Choice Mint State condition and rare in Gem Mint State. From the report of NGC, Only 3 finer graded.
Reference
Richart Lobel, 1995, Author of Coincraft's Standard Catalog of Englsh & UK Coins 1066 to date. Krause Publications.
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