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 Replies: 17 / Views: 2,695 |
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Pillar of the Community
Australia
4411 Posts |
When you say really good grades do you mean aUNC+ or do you include EF. I would suspect it is harder to find silver in high grades as they were higher denominations and too expensive for the average man to simply have laying around in a coin collection. I've spent a bit of time looking at some of the American coins in other topics and cant believe how nice they are, especially when theyre often much older than our examples.
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Pillar of the Community
 Australia
7096 Posts |
I would be more than happy to have all my predecimal collections at EF I have a few but not as many as I would like. I have just started out collecting US coins and am waiting on quite a few to arrive. The US coins are definatly in far better condition for their age than ours. This one would be considered as verr low grade but if you had a 1910 is as good nick you would be happy   |
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Pillar of the Community
1119 Posts |
my guess would be that,90% of the coins put away when new, where at some stage needed to be spent. and each time they where spent, they where damaged a little more, some where found by collectors and put back away but with marks. the other 10% who knows, could be buried in your backyard, or in your uncles chimney in a tin.
which would account for the high prices of the best examples and large amount with minor marks.
just my thoughts
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Pillar of the Community
Australia
4411 Posts |
I find it relatively easy to find predecimals in EF and thats what I aim for. Its a nice grade with full detail showing and I'm not that fussed about having lustre. I'm working on an EF KGV penny set and with the exclusion of the obvious 1925 and 1930 most of these are relatively affordable over time. Most can be found for between $50-300. I would grade this 1914 as EF and for a low mintage year I recently purchased it for $130.  I know silver is more expensive so I'm lucky they dont interest me as much as copper. To get a set of early florins in EF upwards you'd need to sell a kidney and a lung I reckon. |
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Pillar of the Community
Australia
541 Posts |
A couple of reasons:
- There weren't many collectors in the early years so very few coins were individually hoarded, a good percentage of the individually hoarded coins came from overseas (e.g. visiting tourists taking home a shiny souvenir).
- There weren't many Australian dealers in the day so most of the early hoards were from overseas dealers (e.g. Baldwins).
- Collecting in Australia didn't really take off until the late 1970s
- The few coins that did survive have since been harshly cleaned as Australia never really got the idea of originality until recently (even today some dealers still clean their coins).
Btw the 1911 pennies were mostly from Baldwin's hoard.
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Pillar of the Community
Australia
7096 Posts |
Nice penny enworb, I have a few like that in my penny and halfpenny albums. Hard to find in that condition  |
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Pillar of the Community
Australia
841 Posts |
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Pillar of the Community
1119 Posts |
i'll stick my head out and say about $200 each? the 14 is the better coin but more made, and the 15 is a worn but lower mintage.
and yes I think I have 1 of each in poor condition, so if yours go that high mine are worth $50 lol
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Pillar of the Community
Australia
4411 Posts |
The 1914H is the lower mintage of the 1914. I would grade it at F but very hard to see how much detail is in crown. Maccas has 14H in F at $22.
The 1915 looks to be about VG. I cant see any detail in the band of the crown from the photo. Even in VG maccas has $65 on it.
The 1915 goes up heaps with grade - quite a hard coin to get in higher grade.
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Pillar of the Community
1119 Posts |
mmm seems the values in my 1988 book are way over the top for some coins, looks like my next major in buy will be a more modern book, or a ream of paper and copy the libraries ;)
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Pillar of the Community
Australia
4411 Posts |
Erkle - If you dont want to fork out cash for a new book like me then go to your local library. I've had my 2011 maccas on loan the entire year and the year before I had the 2010 for just as long. Not too much interest from the rest of the community for that book I dont think. Its saved me 60 odd dollars the past two years.
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Pillar of the Community
1119 Posts |
thank enworb, the book I have now I brought from old library stock, shopping tomorrow so I will duck in and talk to them about it, I have a feeling they dont actually lend these types of books here, well they wouldnt loan me a tech book on old bike motors once many years back, so I will find out, fingers crossed
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Pillar of the Community
Australia
762 Posts |
I agree that Australian coins and notes seem way over priced when compared to similar coins and notes in England, New Zealand and the US.
I put this down to Australia's rapidly growing population. In 1910 there were just 4.5 million people. That has climbed to 21 million today. That is more than 5x increase and results in low mintages in the early years.
As for the condition of the coins, I don't think many collections would have survived the Great Depression and collecting coins only became a common hobby after WW2.
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Pillar of the Community
Australia
7096 Posts |
the 14h is vg 4 f 12 vf 50
the 15 is vg 50 f 125 vf 500
this is from the 2011 rennics guide
from what I can see in the pics the 14h is vf so $50 on that and the 15 looks F so $125 on that
Total book value $175 halve that and that is what they will be worth at auction about $80 to $90
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Pillar of the Community
Australia
841 Posts |
Thank's very much people, just wanted to get a rough idea what they'd be worth..pretty happy as I only have 2 dozen half pennies that I've found here and there  |
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Replies: 17 / Views: 2,695 |
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Posted 12/26/2011 06:08 am
Cheers 
