Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Gothic Crown 1847 Queen Victoria Great Britain

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 8,935Next Topic
Page: of 2
Pillar of the Community
Princetane's Avatar
4628 Posts
 Posted 09/18/2020  05:17 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Re reading this thread, Down Under I think you are right, that coin looks genuine and its a nice example, EF or so. But the way you bought it seemed fishy, the price you paid is about right and maybe it was just someone wanting some liquid cash in this age of Covid.

People lose jobs, and for once its the middle and upper end losing jobs rather than precariats like me (Although my job has been secure and led to me buying an explosion of worn and average English silver coins this year). So once you have lost your job, in many cases the first thing to go are the assets and this includes rare and expensive coins.

He may have made you the offer he could not refuse, because he may have spent that grand you paid him before you even said yes.

Yes you got lucky and I envy you with such a nice coin - but in the future that strategy just may bring a dud.
Pillar of the Community
daltonista's Avatar
United States
1058 Posts
 Posted 09/18/2020  08:50 am  Show Profile   Bookmark this reply Add daltonista to your friends list Get a Link to this Reply

Princetane, my thanks for the vocabulary expansion!

My wife's not too thrilled, however, by what I've been singing all morning:

"This is the dawning of the Age of Precariats..."



But to illustrate your point, I acquired my first Gothic Crown, a lovely toner, in 1960 in a trade with a schoolmate whose father was a mid-level diplomat from Western Europe. In return, my pal got ten gorgeous Morgan dollars that I'd been cherry-picking for several years from rolls obtained over the counter at local small-town Long Island (NY) banks.

Twenty years later, I'd added a Ph.D., moved 3,000 miles west, taken on a wife and two kids, and in a fast-moving moment of opportunity the Gothic Crown had to be converted into part of a down payment on a monster house mortgage. In retrospect, I made a choice to "need" the money, so took a beating in seller's fees on the Goth and my other British World rarities.

Collecting coins, I've learned, is often a matter of resilience.

"If everything seems to be under control, you're just not going fast enough."
--- Mario Andretti


Pillar of the Community
zookeeperz's Avatar
United Kingdom
695 Posts
 Posted 10/15/2020  06:15 am  Show Profile   Bookmark this reply Add zookeeperz to your friends list Get a Link to this Reply
Rule of thumb for your future purchases @ CrownDownUnder. Anything with a price tag that makes the eyes water if it doesn't come with provenance (cert of authenticity or history of past owners). It is a very dangerous purchase. Yes the odd 1 or 2 may well be the real deal but 95% will get you burned. Every coin I purchase I take a copy of the image and put it against known authentic coins. Then I find as many that have sold as I can to get an idea of price versus coins condition . That old saying is very true for the most part ."If it looks too good too be true it probably is". Glad you dodged a bullet. But There's not one of us that hasn't fallen foul to dodgy coins in our early days of collecting. It becomes a steep and very quick learning curve when it hits your pocket. First £200 you should spend on coins is the books and reference material that helps you avoid all the above.
  Previous TopicReplies: 18 / Views: 8,935Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.24 seconds to rattle this change. Forums