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Replies: 70 / Views: 8,640 |
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Valued Member
 Australia
117 Posts |
coinsaus, I sent 9 coins last week to APCGS and am happy with(or should I say, reconciled to?) 6 out of 9 results. However, I think they undergrade if anything and I was quite taken back by the other three outcomes, particularly for my 1939 florin, which I bought as EF but got back as VF. I'm going to continue to use them because, quite frankly, my study of PCGS and NGC graded Australian pennies, which I've been carrying out for some time (and which led me to start this thread), has yielded too many cases of where they've 'dropped the ball' to justify the time and expense of using them. Plus I am a bit of a nationalist of the old school, and I do like the idea of using an Australian company when the opportunity exists to do so.
Edited by jimjamtwo 06/27/2014 03:04 am
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Pillar of the Community
Australia
541 Posts |
Colour's not so easy to assess from photos, a lot can affect colour: exposure, lighting, white balance, etc. From the photos, the only one which appears to have red is the 1938.
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Valued Member
Australia
315 Posts |
 WWWWW
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Pillar of the Community
Australia
7096 Posts |
There is a school of thought that NGC grade one grade "Softer" than PCGS, This is defiantly NOT the case here  I tend to think that BOTH grading Companies are on a par and are Bloody good at what they do (Most times), at the end of the day there will ALWAYS be the "Human Error" factor there. The 1952 coin is a perfect example of this IMHO.
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Pillar of the Community
Australia
1607 Posts |
Quote:
I'll stick with NGC and PCGS thank you, They may not be perfect but they are hip and shoulders over APCGS Not to mention the fact that they slabbed a altered date 23 halfpenny as genuine not so long ago.
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Valued Member
Australia
315 Posts |
Quote: I tend to think that BOTH grading Companies are on a par and are Bloody good at what they do (Most times), at the end of the day there will ALWAYS be the "Human Error" factor there. The 1952 coin is a perfect example of this IMHO. Very true, TPG is always going to be a hot subject as two people can see a coin differently, in this case, almost everyone see's it differently
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Valued Member
 Australia
117 Posts |
Well, my 1949 penny hardly has any red at all, just a little subdued reddishness here and there. Basically, it's a glossy chocolate brown. But I can't see any surface hairlines - perhaps I need more than a magnifying glass to do so?
"Not to mention the fact that they slabbed a altered date 23 halfpenny as genuine not so long ago."
APCGS did?
If so, this might account for the current attitude of rigour. It's probably a necessary correction to the reputation for sloppiness that's been alluded to above.
My view, though, is that if people learn from their mistakes they should be forgiven for them. I'm convinced we do need an Australian company grading Australian coins, and I'm going to support the effort to build one.
Edited by jimjamtwo 06/27/2014 03:25 am
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Valued Member
Australia
315 Posts |
MS-63RB is a darn good grade for this coin and worth the grade, I think that converts to choice Unc. Beautiful coin to anyones collection
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Pillar of the Community
Australia
7096 Posts |
Quote: MS-63RB is a darn good grade for this coin and worth the grade Which coin ?
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Valued Member
Australia
315 Posts |
Top right on the first page.
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Pillar of the Community
Australia
7096 Posts |
Quote: I'm convinced we do need an Australian company grading Australian coins, and I'm going to support the effort to build one. I totally agree with your sentiments but our best graders are also traders and dealers in Australia. To be totally unbiased the graders have to have NO conflict of interest and the market is far too small in Aus for these people to just grade coins and not deal in them . We have only a small pool of truly talented graders in Australia and I would think that they are quite comfortable in what they are doing now without risking many thousands of dollars and giving up their business/work to create our first "Genuine" Aussie grading service. Maybe when they retire it could be achieved but not at the moment I think 
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Pillar of the Community
Australia
7096 Posts |
Quote: Top right on the first page. As far as I can tell they are both technically the same grade, the right hand one however has more "Bling" . I actually quite prefer the one on the left, Its all in the eye of the beholder and what you like in a coin 
Edited by trout1105 06/27/2014 04:05 am
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Valued Member
 Australia
117 Posts |
"MS-63RB is a darn good grade for this coin and worth the grade, I think that converts to choice Unc. Beautiful coin to anyones collection."
I thought so too, so I bought it! It's as good 'in the hand' if not better than in the photos. When the light hits it from a certain angle it almost looks like a proof. I'd endorse the view of wwwww that it probably should be an MS64.
As for the other one, obviously this is going to be controversial, but surely no coin could look like that simply as a result of toning. I think environmental damage has to have been involved.
"our best graders are also traders and dealers in Australia. To be totally unbiased the graders have to have NO conflict of interest and the market is far too small in Aus for these people to just grade coins and not deal in them."
Just because someone's not a trader themselves, it doesn't mean their friends and family members aren't. Heard of insider trading?
Edited by jimjamtwo 06/27/2014 04:42 am
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Pillar of the Community
Australia
7096 Posts |
Quote: Heard of insider trading? YES APCGS 
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Valued Member
 Australia
117 Posts |
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Replies: 70 / Views: 8,640 |