Hello all,

I wanted to post this on the forum as well, because I am in need of figuring out whether my two pence is "Fine" or "Very Fine".

Attached are two pictures of the 1797 Cartwheel Two Pence I have (obverse and reverse). It was sold to me as "Fine", but I was told it could be graded as "Very Fine". I was also told the reason for the low grade was because of the post mint damage (PMD) on the letter "G" on the obverse's raised perimeter rim that says "GEORGIUS III D G REX"

I would love any input that anyone here may have.

If you'd like to read more about what I know regarding the two pence, I posted a background history on this coin (https://www.money.org/collector/user_7156/blog/1797-british-cartwheel-two-pence)

Thank you!

Generally it looks like a VF coin (as much as I can understand from the photos) but as you mentioned the damage on the letter G may have made the difference. There are a few coins that have a so called "sensitive point". That could very well be a letter or another design item such as the hair on the effigy. Damage on that point usually make the difference. Two coins may look to be in the same grade but 1 is with a damage on the sensitive point and 1 is without. The 1 without would certainly receive a higher grade. Graders tend to look at the sensitive point before grading the other areas. A very good example are the Cypriot 9 and 18 Piastres coins (Queen Victoria, King Edward VII, King George V) where the sensitive areas are the letters C and S on the reverse. Damage C and/or S never receive a high grade. I do not know if this is the case with your coin but it sounds a lot like it. I hope I was helpful.