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 Replies: 20 / Views: 3,439 |
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New Member
Australia
38 Posts |
Hi all, I am helping my dad with his coin collection, and was wondering where to start. his dad collected all the coins. Nearly every half penny, fully penny (except the 1930 & 1923) to six pence, there pence, round 1966 50c, and allot of others. I mean a heap.over an Q&A paper box full of coins My dad has asked if I could try and value them for insurance purposes. I have got abasic understanding of determining the condition (very very limited) Any help would be greatly appreciated. On a side note, it is secretly addictive researching coins. I might have to start my own  |
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Valued Member
Australia
318 Posts |
Grab a copy of Renniks or McDonald's coin guide - they're about $30ea, or if you get one from last year, maybe $15 (prices don't change a lot).
This will give you the coins' retail value, but a true-er value is probably closer to 60-70% of the value listed.
And as our French friends would say, Bienvenue ;)
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Formerly nancyc
Australia
5385 Posts |
 to CCF! It appears as though you may already have the 'bug'. If they are mostly Aussie coins, get yourself one of these reference books: Australian Coins and Banknote, by Greg McDonald, 20th Edition - 2013, $30 - $35 depending on where you get it, quite a few on ebay under $35. Yearly Publication. Renniks Australian Coin & Banknote Values, Edited by Alan D Pitt, Approx $30 - $40, 24th Edition- 2011, sporadic Publication, bi-annually, Some on ebay. You can always post good quality in focus pictures here of both sides of a coin and members will try to give you honest opinions of grade and value.  Good luck!  life is a mystery to be lived not a problem to be solved
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Pillar of the Community
Australia
750 Posts |
CamMac Your local library might also have some recent copies of the guides. Interesting user name  ..... the note collectors here might start referring to you as radar, whilst the term CAM has been used recently in some local grading discussion. Very topical. Good luck with your grading. |
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Pillar of the Community
Australia
1040 Posts |
Quote:
Grab a copy of Renniks or McDonald's coin guide - they're about $30ea, or if you get one from last year, maybe $15 (prices don't change a lot).
This will give you the coins' retail value, but a true-er value is probably closer to 60-70% of the value listed.
Yeah,rough rule of thumb with McDonald's that has stood the test of time is to halve value listed for a base minimium "wholesale" $ that a dealer may offer and work up from there. If you have the time searching ebay's completed listings will also give you a guide to current pricing on individual dates....also |
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New Member
 Australia
38 Posts |
Thanks everyone.
Do you know of anyone to look out for, as in ones that a novice like myself might overlook.
I am more then willing to post detailed photos of in question coin. Instead of uploading every coin.
Cheers,
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Pillar of the Community
Australia
674 Posts |
to C.C.F and best wishes in your new found interest.! "Addictive"- maybe just a little.! |
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Pillar of the Community
Australia
1040 Posts |
Quote:
Thanks everyone.
Do you know of anyone to look out for, as in ones that a novice like myself might overlook.
I am more then willing to post detailed photos of in question coin. Instead of uploading every coin. Yeah,any coin your not sure of throw a photo on here and the Brains trust will ID & its approx. value. One thing,its the 1923 half-penny thats worth big $,not the penny,and a warning,as already stated coin collecting can be addictive. . |
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Formerly nancyc
Australia
5385 Posts |
These are some of the rare, scarce, low mintage and variety coins to keep a look out for. Just a quick list until you get you hands on a reference guide. Halfpenny1923 1915 Penny1930 1925 1946 Threepence1922/21 Overdate 1934/33 Overdate 1915 1942 (Melbourne â€" no mint mark) One Shilling1921* Has a star above the date 1946 .S Has a Dot in front of the S in Shilling Two Shillings Commemorative1927 Canberra 1934-35 Melb Centenary 1951 â€" 1901-1951 Commem 1954 - Royal Visit Two Shillings1946 Larger circle in the 6 life is a mystery to be lived not a problem to be solved
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Pillar of the Community
Australia
4411 Posts |
to CCF! If you are valuing them for insurance purposes you may as well have your neighbours cat do it. For you to get an insurance company to cover it you will need a reputable coin dealer to give you a proper written valuation. Having said that we love to see coins and help as much as we can. We can all help to give rough values so you know if it will be worth paying for a valuation. |
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New Member
Australia
38 Posts |
Cheers enworb, I was worried about that as well. But I think I will go down the path of valuing them anyway, just out of curiosity as they will be mine someday. I liken the experience to Pringles 'Once you pop, you can't stop'.
Is there any sort of etiquite to uploading pic's, eg multiple coins per post or single coin per post?
Also there are alot of other coin from 1990 $200 medallions to 1800's coins is this the right section to ask about these as well or is there another I should bombard with questions?
Cheers everyone for the responces
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Pillar of the Community
Canada
1411 Posts |
Try to keep to 3 coins per post.. Makes it easier for some (not me!) to load the page.
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Pillar of the Community
Australia
4411 Posts |
There is a grading section within the Australian section here. You can post the pictures there. If you have a few pennies they could probably go in the same thread. Try and keep one coin to each photo and make sure we can see a picture of both sides.
Unless the coins you have from the 1800's are gold they will not be Australian. I'm guessing theyre british pennies and halfpennies. Australian Commowealth coinage began in 1910 with the minting of the sterling silver 3d, 6d, 1/- and 2/-. The following year both 1/2d and 1d were minted in bronze.
The $200 coins are gold and worth more than double their face value in gold content.
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Pillar of the Community
Australia
908 Posts |
CamMac If you are going to post photos of coins you will find it a bit of an art and requires a bit of practice but the better and clearer the photo is the greater the chance of us offering an accurate grade and grade is everything with regards to valuation |
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Pillar of the Community
Australia
1006 Posts |
wait we cant forget the 1932 florin is quite rare and also the 1914H, 1915 and the 1939 florin are quite scarce and if in pretty good condition can be quite valuable. Also I cant wait to see pictures of them and if you have any florins I would be glad to help you value them  Edited by oh my florin
01/15/2013 05:02 am
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Valued Member
Australia
176 Posts |
Hi CamMac, Welcome to CCF You might find that if you speak to your insurer in person and if you have a professionally presented list of your holdings with you (even if you have valued them yourself by reasonable means eg by reference to ebay sale prices etc) that they may take the insurance of the coins on board. Essentially it could well depend on how valuable your portfolio turns out to be but it is possible that you may not need to have it valued by a dealer to have it insured (despite what your existing policy may say). It would be worth asking the question. Pedro |
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Replies: 20 / Views: 3,439 |
Posted 01/14/2013 4:34 pm
