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Centennial Florin

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trout1105's Avatar
Australia
7096 Posts
 Posted 05/19/2012  10:00 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I think that it is time that Rennicks and Maccas price guides have both the Sheldon and ANDA grading systems.

Great idea, This certainly would help to alleviate the confusion/mistrust of the Sheldon grading system for Australian collectors
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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  02:20 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
These 'proof-like' Centenary florins aren't just business strikes that look like proofs, they are special strikes with unique characteristics the mint produced to fulfil overseas orders. They are by no definition business strikes and command strong premiums regardless if the market accepts them as 'proof' or not (a good portion of the market is still accepting them as proofs).

They aren't technically proofs because the Melbourne mint never classified them as such but the same could be said for almost every other pre-55 proof which McD does list as proof. I am stumped as to why McD would specifically exclude these when so many other years weren't technically issued as proof either (at least these MC 'proofs' look proof, most of the other years don't even look proof).

In any case they are special strikes that deserve their own pricing category and while McD has specified its own category for these, the values are grossly underrated (e.g. a PF62 sold at HA in January for US$11,500).
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appleangel07's Avatar
Australia
1607 Posts
 Posted 05/20/2012  02:34 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
G'day WWWWW, do PCGS recognize these as struck with Proof dies as well or is it only NGC ? I ask this because I have a couple or three of these & probably should have them slabbed.
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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  02:47 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
I believe they do (though I may be wrong on this). Can you post up some photos? The issue is very scarce and a lot of the 'proof-like' examples I've seen on the market are just cleaned business strikes. An easy way to identify them is by their thick, wire rim (the business strikes have a beveled rim).
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appleangel07's Avatar
Australia
1607 Posts
 Posted 05/20/2012  03:18 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
Best I can do at this time of the day,if you need better pics I can get some tomorrow,the coin is better than the pics show it.

Centennial-Florin

Centennial-Florin

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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  03:33 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
I'll wait for your better pics before I confirm, but I'm pretty sure yours is a special strike - the lighting is making the rim look beveled (at the top-left of the obverse), similar to the top of the reverse on that NGC one on ebay.
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/20/2012  03:53 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
This from the blue book site.

There are two identified proof like dies,Each with a flat wire rim.
Unlike the business strikes , which have a beveled rim.

Therefore if the centenary florin has a beveled rim it is a business strike and not a proof or proof like coin.
Not unlike the coin in this discussion
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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  04:01 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
That's correct, but the NGC coin doesn't have a beveled rim. It appears to be beveled at the top and bottom as the light comes in from the top, look at the left and right sides of the reverse, it's the thick-wire type rim.
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/20/2012  04:30 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
If you look at the right hand side of both the obverse and the reverse you will see that the coin in question is in fact beveled.


Quote:
I'll wait for your better pics before I confirm, but I'm pretty sure yours is a special strike - the lighting is making the rim look beveled (at the top-left of the obverse), similar to the top of the reverse on that NGC one on ebay.



Quote:
That's correct, but the NGC coin doesn't have a beveled rim. It appears to be beveled at the top and bottom as the light comes in from the top, look at the left and right sides of the reverse, it's the thick-wire type rim.


Valued Member
JamieSpat's Avatar
Australia
119 Posts
 Posted 05/20/2012  04:33 am  Show Profile   Bookmark this reply Add JamieSpat to your friends list Get a Link to this Reply
Appleangel, you've got 3 of these? Good job!

I was thinking the same as Trout about the beveled rim on that ebay coin. It is hard to tell.

Screw it, I contacted the seller for a picture of the rim. See what he says.
Edited by JamieSpat
05/20/2012 04:43 am
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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  05:27 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply

Quote:
If you look at the right hand side of both the obverse and the reverse you will see that the coin in question is in fact beveled.


It can't be beveled on one side and not on the other. The apparent variance you see is caused by the angle of lighting and the angle the photo was taken at. The reverse has an upward bias with a slight backward tilt, the obverse looks like a NNE bias but the coin is tilted relative to the camera as well (note the thicker lower-right rim and the thinner upper-left).

There are a lot of other identifiers that are apparent on this coin too, the reflective relief (look at the mane of the horse and the fire), the definition of the rider's helmet and fire and the general intensity of the strike as whole. There's no doubt in my mind that it is a special strike.
Valued Member
Australia
243 Posts
 Posted 05/20/2012  08:12 am  Show Profile   Bookmark this reply Add enoilgam to your friends list Get a Link to this Reply
Sorry for the stupid question, but what exactly is the difference between the proof-like rim and business strike rim. I have often wondered if my centenary florin is a PL strike, because the fields on the reverse have a mirror like appearance.
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JamieSpat's Avatar
Australia
119 Posts
 Posted 05/20/2012  08:48 am  Show Profile   Bookmark this reply Add JamieSpat to your friends list Get a Link to this Reply
Enoilgam, honestly I'm not sure I know anymore. I'm all confused. Anyway, the seller said he's traveling and doesn't have the coin in hand. I was going to get him to take tilt the slab at 125 degree angle with direct light right on the rim. Heck at that price he should be willing. Hahahahaha. As usual thanks for all the info. Cheers.
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wwwww's Avatar
Australia
541 Posts
 Posted 05/20/2012  09:11 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply

Quote:
Sorry for the stupid question, but what exactly is the difference between the proof-like rim and business strike rim. I have often wondered if my centenary florin is a PL strike, because the fields on the reverse have a mirror like appearance.


It's not so much certain details indicate a PL strike, certain details indicate an MS strike, etc, but rather certain coins were produced for certain purposes (collectors/records/presentation/circulation) and historians work out how to differentiate between them from diagnostic markers. In the case of the Centenary florin, the wire rim is one of these diagnostic markers.

There's a good article in the CAB magazine on differentiating the various types (unfortunately I'm away from my library at the moment otherwise I'd look it up for you) - I'm sure someone here would be generous enough to look it up for you.
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appleangel07's Avatar
Australia
1607 Posts
 Posted 05/20/2012  10:26 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
This is a good shot of the normal rim.

Centennial-Florin

& here even though the picture is'nt fanastic you can see the obvious difference in this ones rim,it's flat not beveled like the first one.

Centennial-Florin
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