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 Replies: 130 / Views: 19,572 |
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Bedrock of the Community
Australia
21788 Posts |
You can get a handle on the value by comparing to completed ebay listings for incused flag, in the same condition. |
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Pillar of the Community
Australia
7096 Posts |
Quote:You can get a handle on the value by comparing to completed ebay listings for incused flag, in the same condition. These coins have been selling on ebay for the last couple of years for $20-$30 in all grades up to ef. Although these are tough to find they are not impossible and people are still finding them in their noodling hunts. As this variety wasn't discovered for quite a while circulation took its toll on the coins and not many were "Put aside" in good condition. This is the reason why aUnc and UNC coins are bloody hard to get hold of. Collectors probably just assumed as this is just a decimal coin there will be a plethora of nice aUnc and UNC coins available, This is most definitely NOT the case. A couple of these coins in MS64 were graded by PCGS a while back but were housed in a standard Millennium slab, To my knowledge they will be sent back to be attributed correctly  As PCGS has finally recognised this variety I imagine that the other unc coins out there will be graded eventually ,I think it will be a trickle and not a flood though. Compare the number of 2000 $1 mules that have been graded AU55 and better and you will get an idea of the scarcity of and incuse Millennium in AU or better, I imagine the mintages would be similar but the mule was discovered early enough to save many more coins in good condition. As far as valuations go it is hard to put a number on an uncirculated coin because nobody has actually sold a graded one yet. |
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Valued Member
Australia
301 Posts |
Nice answer trout covered everything pretty much , thank you very much I get what your saying, I will keep my eye open and ask my 2 daughters who work at the banks to keep an eye out for me as well , you never know. Regards sweetap
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Valued Member
 Australia
315 Posts |
Hey Trout, I purchased another two today and I think one will give that MS-64 a run for its money
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Valued Member
Australia
315 Posts |
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Valued Member
Australia
315 Posts |
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Valued Member
Australia
315 Posts |
This is the lower graded coin of the two that I just purchased. What do you think? MS-63 maybe even MS-64?
Edited by coinsaus
04/03/2014 01:10 am
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Bedrock of the Community
Australia
21788 Posts |
I would imagine the an MS64 would just be about as rare as hen's teeth, or rocking horse (....)!
Two reasons for this from this discussion:
1. All of the incused flags seem to have been released into circulation. The scarcity of circulation marks is dependent on how much circulation they have avoided, for whatever reason.
2. As a result of them all being intended for circulation, they would have been produced by a high speed coining press and mechanically handled, weighed and bagged. I have never seen any freshly issued coin without one or two very significant bag marks. This is because they are just spat out of the coining press and drop on to a freshly minted pile of coins below.
Sooner or later, it will be time for trout1105 to make himself at least slightly famous, and at least be recognized more formally by his numismatic buddies, by submitting for publication an article with illustrations to the
Australasian Coin and Banknote Magazine,
on this subject; he has knows the most on scarcity vs condition with these.
Edited by sel_69l
04/03/2014 02:17 am
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Valued Member
Australia
315 Posts |
What would you grade this coin that I have just uploaded sel?
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Pillar of the Community
Australia
908 Posts |
It does look a bit blotchy in the fields but might go MS62 although
its impossible to tell from those photos.I've been searching for an uncirculated example lately myself
Edited by stevo1962
04/03/2014 05:20 am
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Pillar of the Community
Australia
7096 Posts |
Quote:
What would you grade this coin that I have just uploaded ?
Hard to tell from the images. You get good reflective surfaces on an AU55-58 coin as well as on an MS example. A good way to tell if this is an MS coin is to compare it to a mint set coin, Cupro/nickel coins can "Hold " their lustre due to the hardness of the coin during the early times of circulation and can be deceiving to the eye. The rims look good on this one and I hope it is an MS coin. The only way to find out is to submit it and see what happens. The first coin I sent in to get graded I was under the impression it was an MS coin but was graded as AU58. All in all a bloody nice coin Mate |
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Valued Member
Australia
315 Posts |
It will grade MS, either 62 or 63 but this one does lack a little lustre but no wear or "chatter" like the first. Want to see the 3rd coin?
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Pillar of the Community
Australia
1874 Posts |
My first impression was AU55-AU58.
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Valued Member
Australia
315 Posts |
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Bedrock of the Community
Australia
21788 Posts |
@coinaus: I will have to confess: that is just about equal to the best I have seen of these! The cheek, neck and belly of the flag have the very slightest of scuffs, but it would be a lie to call those scuffs 'wear'. That is where the tiny dings also happen to be, but they ARE tiny! I have seen worse U.S. Walking Liberty halves worse than this, rated at MS63. Has to be at least that, on the same basis. To help make up your own mind, have a look at some of the range of U.S. Half Dollar designs on PCGS photograde, for comparison for condition with your Incuse Flag. I recommend U.S. Half Dollar designs, because they are roughly the same diameter. Edited by sel_69l
04/03/2014 05:55 am
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Replies: 130 / Views: 19,572 |
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