| Author |
 Replies: 114 / Views: 14,649 |
|
|
|
Pillar of the Community
Australia
841 Posts |
|
|
Pillar of the Community
Australia
7096 Posts |
Quote:
who'll be the first to have a proof graded and slabbed trout
Mate I'm the bloke that rips everything out of slabs and mint sets   |
|
Pillar of the Community
Australia
1295 Posts |
Proofs found in circulation are still proofs. Mac's say on proof coins is exactly correct. A proof is a coin manufactured using a specific method to a specific standard. I've found several 1984 proof $1 are that barely recognisable as such but they are still proofs. Quote:
the simple answer AJ is YES proofs are graded just like any other coin. They are under the Sheldon system. They are not under the Australian adjectival system. The Australian system offers only two grades for proofs, FDC and aFDC. It's a major flaw with the Aussie adjectival system. |
|
Pillar of the Community
Australia
841 Posts |
ever thought about getting one done just to open it up  that's what I can do to pay you back..the RAM is going into slabs..couple bits of perspex bit of glue few screws and bob's ya uncle |
|
Pillar of the Community
Australia
7096 Posts |
I think the term " Impaired Proof" applies to circulated or damaged Proof coins and can still be graded on their merits  |
|
Pillar of the Community
Australia
841 Posts |
Cheers markn and trout..good to know all this stuff  Edited by Ausjack
03/18/2012 9:21 pm
|
|
Pillar of the Community
Australia
1295 Posts |
Quote:
I think the term " Impaired Proof" applies to circulated or damaged Proof coins and can still be graded on their merits I am not contending that you shouldn't grade them on their merits, I am saying that under the Australian standard there are only two grades for proof coins. FDC and aFDC. All proof coins are listed as such in major Australian auction catalogues and hopefully there's some description as to why a coin is aFDC as opposed to FDC. Then you've got to hope that the cataloguers idea of "slightly toned" or "some spots" or "lightly circulated" or "impaired" or "wiped" happens to correspond with your idea of what these terms mean. The lesson here is not to buy proofs unless you can actually see the coin. |
|
Pillar of the Community
Australia
1295 Posts |
Quote:
ever thought about getting one done just to open it up that's what I can do to pay you back..the RAM is going into slabs..couple bits of perspex bit of glue few screws and bob's ya uncle There are already lots of slabbed proof Australian coins. Both pre-decimal and decimal. While I can see the point of grading pre-decimal proofs I cannot say the same of many decimal proofs except perhaps the 1966 proofs. |
|
Pillar of the Community
Australia
7096 Posts |
Quote:
There are already lots of slabbed proof Australian coins. Both pre-decimal and decimal. While I can see the point of grading pre-decimal proofs I cannot say the same of many decimal proofs except perhaps the 1966 proofs  Most of the decimal proofs would still be in their plastic cases so there would or should be no wear whatsoever on them. What is the point in getting a coin you know is in pristine condition slabbed and graded  |
|
Pillar of the Community
Australia
1295 Posts |
Quote:
Most of the decimal proofs would still be in their plastic cases so there would or should be no wear whatsoever on them.
What is the point in getting a coin you know is in pristine condition slabbed and graded They don't have wear, but a lot are toned. Some people compete in "leagues" based on getting a collection with the highest grades. Love it or hate it some people will get them graded in an attempt just to get the highest graded example. Sounds silly enough when you just consider the cost of getting a coin graded. But consider that in the USA some collectors will pay $10,000+ just to get a common coin that happens to have the highest known grade for the type so they will rank higher in the "league". I can't imagine ever doing that. |
|
Pillar of the Community
Australia
7096 Posts |
Quote:
But consider that in the USA some collectors will pay $10,000+ just to get a common coin that happens to have the highest known grade for the type so they will rank higher in the "league". I can't imagine ever doing that.
Sounds like some very expensive one upmanship going on there, Crazy  |
|
Pillar of the Community
Australia
841 Posts |
 that sort of money for a coin..if I had 10K  I'd go see Jim  |
|
Valued Member
Australia
157 Posts |
I am not collector of decimal proofs ,but don't a lot of people break open their proof sets, so I reckon alot will end up aFCD some time down the track ,eg from bad storage.Yep It might be uneconomical now to think about slabbing common proofs, but time will tell.  Come on even the staunches critics of the Sheldon grading system must admit, The Australian coin grading standards is dinosaur when it come to proofs , it's just a total joke aFCD AND FCD ,the Sheldon system is far better by a country mile for proofs . I have seen so called FDC predecimal proofs graded by auction houses ,they would be lucky to make pr63 , and isn't below pr60 is regarded as a impaired proof as for the australian standards and impaired proofs ?. |
|
Pillar of the Community
Australia
7096 Posts |
Quote:
Come on even the staunches critics of the Sheldon grading system must admit, The Australian coin grading standards is dinosaur when it come to proofs , it's just a total joke aFCD AND FCD ,the Sheldon system is far better by a country mile for proofs .
 Not that old Chestnut again I thought that we had agreed to disagree on the grading systems. The two grading systems are becoming a bit religious in people saying my belief is the only true grading system and yours isn't. Everyone is different in the way they grade and collect coins so why can't we just leave it at that and get on with the really important issues like finding that last coin to finish my set or check the beer fridge an make sure it is full |
|
Valued Member
Australia
157 Posts |
 what about proof grading
|
| |
Replies: 114 / Views: 14,649 |
First Page
Previous Page
Posted 03/18/2012 8:53 pm
