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Replies: 4,975 / Views: 372,783 |
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Pillar of the Community
Canada
815 Posts |
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Valued Member
United Kingdom
68 Posts |
Thanks, I am a very proud owner of it! Hammered and early milled English coins are full of history and under-priced in my opinion, at mid-grade! This one was quite expensive as fairly rare, but you can pick up Fine+ Charles II and William III crowns in a decent grade for £50-£150 quite readily (for example)
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New Member
United Kingdom
34 Posts |
Anjohl. 'Also, that Cromwell Crown a few pages back took my breath away. Would you mind if I asked how much it cost? I have been eyeing one, considering liquidating some bullion to get one. My problem is that I figure if I am going to get a Cromwell, I might as well go big and get a nice VF specimen. Heritage auctions had a decent one, but I don't agree with their "buyers premium", so I abstained. I WILL have one, one day.'
Aim higher. They are a common coin, so you could get a nice EF or better without too much difficulty. Genuinely mint state pieces are hard to come by just like anything else that's so old, but slightly below this is achievable. It's only a question of how much you are willing to spend.
Don't disregards auctions on spurious grounds such as buyer's premium. Everyone objects to paying money, but they all charge it. The percentage is laid down in the T&Cs, so not an unknown quantity. Factor it in to the price you are willing to pay and just accept it. Refuse to pay it and you have cut off a potential source of collection material.
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Pillar of the Community
United Kingdom
856 Posts |
Another 'not-a-coin' from me I'm afraid! And not actually an acquisition .. not yet anyway! But I'm hoping it will be another addition to my reference library come Christmas day. The sale catalogue of Helen Farquhar's coins and medals. I've been looking for a copy for a couple of years, so I'm keeping my fingers crossed! 
Edited by Tom Goodheart 11/25/2013 07:28 am
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Pillar of the Community
Canada
815 Posts |
My problem with a buyers premium is that is essentially cripples your ability to re-sell the coin, and that the seller is paying a premium to the AH as well. I don't agree with an auctioneer being paid to sell, paid to buy, for essentially doing nothing. Just my personal principles.
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Pillar of the Community
United Kingdom
856 Posts |
Quote: My problem with a buyers premium is that is essentially cripples your ability to re-sell the coin, and that the seller is paying a premium to the AH as well. I don't agree with an auctioneer being paid to sell, paid to buy, for essentially doing nothing. Just my personal principles. Well ... I sort of see what you're saying Anjohl. But really it all depends on the final price. I've seen plenty of auction coins going straight onto dealers' lists at a premium and selling. Auction sales aren't all like ebay. Yes, you get the dross and bulk lots .. but there are also coins that don't come on to the market any other way. So if you want one ... The way I do it is to think of it as a straightforward purchase. What is the coin worth to me? And that's what I bid or pay. Yes, auction fees are split between buyer and seller, but coins that dealers sell are marked up so they can recoup costs and make a profit, as are those on ebay. It could be argued that at least auction fees are openly publicised. You might be surprised at the eye-watering sums some dealers add to coins they have picked up for a song! You say it's your principles, but I don't quite see how (other than being aware of what everyone is pocketing) it makes a difference. Auctioneers need to publicise their sales, many with expensive and glossy catalogues. They need to maintain and run the systems for telephone and internet bidding as well as staffing on the day in the room. These things are no different from renting shop premises. You might prefer to buy direct at a set price up front. Most times I do myself! But to say auctioneers do nothing is a bit harsh I think!
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Valued Member
United Kingdom
68 Posts |
I have to agree with Tom (Richard) ... at the end of it all it is what someone is prepared to pay for an item, inclusive of all premiums, tax, postage etc ... if that is more than you are prepared to pay for it, whether for collection, investment, or selling on, then don't bid any further!
The total cost of purchase is not hidden, but you do need to do some mental arithmetic to calculate it, as it could well be 25-30% more than the hammer price!
Edited by Paulus 11/26/2013 5:19 pm
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Pillar of the Community
United Kingdom
856 Posts |
Another shilling of Charles I for me.  Not very exciting to most but scarce with this (Bell) mint mark as a currency coin. In that I know of three others. 
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Pillar of the Community
778 Posts |
I LIKE it! 
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Valued Member
United States
103 Posts |
... and now for something completely different. This is completely cheesy (cheddar). I think I overpaid for this at $20 and I sincerely doubt that it was minted in 1937, but I still love it.  If anyone knows anything about it, please fill me in. Thanks.
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Pillar of the Community
United Kingdom
2881 Posts |
An unusual choice for a British Empire thread. AWADH STATE RUPEE AH 1236 RY 2 (1820AD) 25mm 11.14g The coat of arms on this coin is an early version of the Awadh symbol, which includes two lions holding the pennants and two fish below - however it undoubtedly owes a lot to the British coat of arms (and the lion being symbolic of the Empire) in it's conception as fish was the dynastic symbol of the Nawabs of Awadh. 
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Pillar of the Community
United Kingdom
856 Posts |
Yet another shilling of Charles I! Might not look it, but a rather better than average example for this mint mark ((P) struck under Parliamentary authority between 1643-44)  It's a bit contrasty because it's a hoard coin and currently close to 'blast white'. A couple of years toning will sort it out. 
Edited by Tom Goodheart 01/10/2014 7:08 pm
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Pillar of the Community
United Kingdom
856 Posts |
And another. As you can see, quite a varied series in terms of different bust designs ..  1639-40 for this one.
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Pillar of the Community
United Kingdom
856 Posts |
Aaaand ... another book. No, I shall spare you photos this time, Partly because a photo of a book looks like, well a book! And partly because I've not yet received it having only bought it this morning.
But it's another auction catalogue I've been after for a while, this one from the 1920 sale of Grant Francis' coins. The main point being that between 1916 and 1920 Grant Francis wrote a series of papers in the British Numismatic Journal setting out his observations and revising the earlier classification of coins of Charles I issued by the Tower (of London) mint.
When his collection was sold all of the shillings (my particular area of interest) were illustrated in the catalogue. This was unusual for those days, since adding good quality photographs considerably added to the cost of producing a catalogue and the normal practice was to only show the best and rarest examples. Fortunately the auctioneers, or Francis himself, must have felt the costs were justified in this case, to provide a record and reference for collectors of the series.
Needless to say, I'm looking forward to receiving it and having a chance to study it in more detail.
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Bedrock of the Community
United Kingdom
17946 Posts |
I've just had my 2014 Britannia and uncirculated set. Bought them from Chards who always charge less than The Royal Mint, but the set still cost me £44.95. A fair amount of this comes from the fancy packaging and booklet, more akin to what one expects with a prestige proof set. I'd far rather pay less and have simple packaging like, for example, the 1982 BU set! Impressed with the Britannia:  The complete 2014 uncirculated set:  Commonwealth Games 50p close-up (apologise for poor photos):  Trinity House £2:  World War I centenary £2: 
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Replies: 4,975 / Views: 372,783 |