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KLD
Pillar Of The Community
Australia
1079 Posts |
 Posted 12/30/2005 12:19 am
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Hi All,
Just wanted to ask a general question.
Here is Australia pre-decimal coins are becoming more expensive and harder to grade for the beginner. Hence the market for these coins amongst the beginners is dropping.
Generally speaking what is the interest like for pre-decimals coins in the US?
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Bigfella
Pillar Of The Community
Australia
812 Posts |
Posted 01/03/2006 08:35 am
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quote:
Originally posted by KLD
Hi All,
Just wanted to ask a general question.
Here is Australia pre-decimal coins are becoming more expensive and harder to grade for the beginner. Hence the market for these coins amongst the beginners is dropping.
Generally speaking what is the interest like for pre-decimals coins in the US?
I agree that some Aussie predecimals are climbing in value but I do not see how they are "becoming difficult to grade". In essence, the Aussie grading standard has not changed in some time. If you ask a reputatable dealer about grading I am sure they will give to tips to make it easier.
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crystalk64
Pillar Of The Community
USA
3147 Posts |
Posted 01/03/2006 10:19 am
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I think interest, in the states, is predominently with the modern decimal system as most American collectors have simply avoided British collecting since they don't understand their monetary system. I, for example, have a few British coins but avoid collecting a set of anything as, for years, the whole monetary system didn't make sense to me. I used to laugh when I read 5 Pound coins as I knew those little coins didn't weigh that much!! Shillings, pences, florins, half crowns, pounds and crowns? Throw in half farthings, farthings and sovereigns and its no wonder we are lost? As I have branched out into world coins and quite honestly picked up quite a bit of knowledge I still find the differences in monetary values confusing and really don't like the GBP compared to other world currencies. In Australia I have found a decimal system I am comfortable with along with craftsmanship, quality, history, culture and affordability! And, the exhange rate is close so it is bearable just as the Euro. I am sure I will venture back to the pre-decimal, when time and money permits, but until then I am enjoying my "hunt" for decimal coins and the limited editions of silver our Aussie friends have offered to the world! Some of them are nothing less than stunning!
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Terry
SILENCE MUST BE HEARD |
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wrk4lvg
Pillar Of The Community
USA
734 Posts |
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KLD
Pillar Of The Community
Australia
1079 Posts |
Posted 01/03/2006 5:52 pm
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Crystalk64, I like your reasoning, one which I didn't give much thought. I can see why you would want to stick with the decimals.
Bigfella, I think you missed my point. I personally love the pre-decimal area of our currency. Like most more experianced collectors I am comfortable grading any coin.
I was more referring to a general trend for the beginners: they are not comfortable grading, prices are increasing, not to mention the competition from the decimal section.
When it comes to a reputable dealer, how is a beginner suppose to know one straight away. After all trust is suppose to be earnt.
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Bigfella
Pillar Of The Community
Australia
812 Posts |
Posted 01/04/2006 06:59 am
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I now see what you mean Lars. To a point I agree with you. Low grade items in most of the predecimal series is very affordable and has not changed a great deal in price over the last few years. Higher grade items are getting up there in price...especially early florins. Obvoiusly decimal coin is a lot simpler as because of low relative cost to predecimals most beginners either pull it out of change or by unc coins so grading is often not an issue.
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KLD
Pillar Of The Community
Australia
1079 Posts |
Posted 01/21/2006 08:35 am
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To re-fresh this thread, why limit this question to collectors from the states.
Does anyone from anywhere have an interest in pre-decimal currency from the land down under?
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rggoodie
Moderator
2997 Posts |
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Goodasgold
Valued Member
Australia
119 Posts |
Posted 02/01/2006 04:32 am
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Hi, KLD ...
I collect Aust pre-decimals. I mean, is there really anything else?
Just kidding. But frankly, Aust coins dating back to early 1900's just ooze with a distinction sadly lacking in today's legal tender.
Mind you, would much prefer my King's crowns had more jewels in them;
but only have whatever can afford. So you're right! And although proud owner of 1932 florin in VG($140.), what chance my ever having the same coin, for example in EF($3300.)? And just forget all about owning one in Unc($12250.) Givusabreak!
Cheers 
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KLD
Pillar Of The Community
Australia
1079 Posts |
Posted 02/03/2006 06:31 am
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Goodasgold I am not sure if I have said hello.
Just in case. Hello and welcome.
My love of history, drives my love of pre-decimal.
Also the scarcity of some items and their higher amount of difficulty grading the coin.
There are many reasons to loveing pre-decimal coins.
I would say my best pre-decimal coin would be the 1925 penny in gVF. I like the great detail in the kings crown on this one.
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OldDan
Pillar Of The Community
USA
1203 Posts |
Posted 02/26/2006 11:10 pm
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quote:
Originally posted by Goodasgold
Aust coins dating back to early 1900's just ooze with a distinction sadly lacking in today's legal tender.
Howdy;
As I'm sure you can guess, or possibly know, I am just now getting familiar with your coins. I've already made up my mind to collect some of your better coins, and am leaning toward the pre-decimal era. From what I've seen, Goodasgold has hit the nail on the head when he said they seem to have more 'distinction'. Well, I'll keep on looking and shopping around. Will keep you posted and maybe even ask some questions as time goes by, until then Adios.
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KLD
Pillar Of The Community
Australia
1079 Posts |
Posted 02/26/2006 11:18 pm
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OD,
If you need any help don't hesitate asking.
Cheers,
lars
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OldDan
Pillar Of The Community
USA
1203 Posts |
Posted 02/27/2006 12:03 pm
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Thank you lars, and don't be surprised if it wasn't soon than later that I make up my mind on what to start collecting.
I've ear marked you sales site for future reference.
Thanks again for the kind offer.
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