Using TPGs For Grading Aussie Coin In The USA

I've not been able to find a site, with pictures to describe the grading of the coin. I think I found a site, at some point, that described, similar to Photograde, what each grade entails

Looks like a coin that would have a very nice appearance that's showing some harsh photos.

For auction houses concentrate on what the most likely net would be after their sales. Downies, RoxBury's, Numisbid ect anyone could be the best depending on what they usually get for prices and what fees you are able to negotiate.

They're not bad in terms of showing detail. I just have a cheap point and shoot camera so I know first hand how harsh they can be on coins and how they can make beautiful coins look worse than they really are.




For the US ones it'll be a bit hit or miss. Heritage or Stacks would get the best price but the fee will be high, probably won't have a lot of leverage in negotiations with them. I wouldn't use Great Collections, their world coins almost always sell to cheap. David Lawrence would be one to look into and explore the option of getting some reserve on it.

Your best bet honestly might just be to look into consigning it with a dealer and let them do the marketing and selling of it. Their fee will likely be less than you lose from an auction house where you have to account for not only the sellers fee but the buyers fees as well.

99 percent of the time it's the seller who eats the whole fee. They do a buyers and sellers fee as a marketing strategy. If they have a buyers fee of 20% and a sellers fee of 5% some people will think oh they're only charging me 5% when really they're charging 25 percent.

If a buyers bill with the buyers fee is $108 the sale price is 90 with a 20% buyers fee. Your sellers fee is taken out of the 90 dollars and anything over the 90 goes right to the auction house.

Buyers have a set budget, they may stretch from time to time for special coins but when they reach their max they reach their max. It doesn't matter to them how much of the total sale a seller gets and most buyers wouldn't care if the entire price was the buyers fee they're just bidding to their max.

Some auction houses do far more than others to market your coin as well.

But not sure where you saw the 3500 estimate but that was high. Probably more like 600-700. 3500 for would be for unciruclated grade levels.

The coin came in at AU50

Where can I find what you feel is an accurate pricing on the coin? My search came up with just one site that attached the value for VF: $550, XF: 1750 and AU50: $3500.

I got the base US coins pegged for Fair Market Value at Numis, but not sure on world coins.

I'm looking into the Auction Houses and have reached out to David Lawrence awaiting a reply

This is all so confusing but it will work its way out lol

The most justifiable reason for having an Aussie coin TPGraded is if you wish to sell it into the U.S. market.

Exactly, anything that gets paid that the seller doesn't get is really a fee on the seller. They auction houses split the fee into two different categories because it sounds lower with the buyers fee and the sellers fee instead of telling a seller they charge over 30 percent to sell it.

Buyer's premium used to be illegal in NSW for obvious reasons so auctioneers simply held their auctions in other states. NSW not wanting to lose the business therefore made it legal regardless of the ethical issues.