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Are Paper Coin Guides A Thing Of The Past In Australia

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PNC king's Avatar
Australia
444 Posts
 Posted 09/30/2016  11:47 pm  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
All the decent coins are slabbed as they are worth more in a slab , the coins not in slabs are either not worth slabbing or body bag coins
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Enlil's Avatar
Australia
560 Posts
 Posted 10/01/2016  05:07 am  Show Profile   Bookmark this reply Add Enlil to your friends list Get a Link to this Reply
High grade rare coins are worth more slabbed, not a 1995 50 cent coins. Most South Indian coins are not slabbed, as it is not popular with say the Indo-Greek series.
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 10/01/2016  8:03 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
All the decent coins are slabbed as they are worth more in a slab , the coins not in slabs are either not worth slabbing or body bag coins


So does that mean PCGS arn't slabbing any more Australian coins?
Valued Member
PNC king's Avatar
Australia
444 Posts
 Posted 10/01/2016  9:47 pm  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
You will find most of the top population coins for scarce and rare date predecimals will not get beaten
Pillar of the Community
Australia
852 Posts
 Posted 10/02/2016  01:21 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
Oh rubbish that most top of the pops have been slabbed or that the only coins not slabbed are not worth slabbing or are body bag coins.
I have several hundred raw coins that are worthy of slabbing including at least 2 that are the finest known and perhaps 5 more that equal the best slabbed coins. Other collectors have even finer raw collections than me and all their coins are raw (I have over 100 slabs and my raw stuff is probably superior to my slabbed coins).
The cost of slabbing, postage and customs are all impediments to sending coins from Australia to the US. Then there is the slabbing fee and the risk of PCGS staff damaging coins (like Trout with coins that came back with fingerprints all over them). Or light fingered postal staff making the sending an exercise in stress.
Valued Member
Australia
248 Posts
 Posted 10/02/2016  01:47 am  Show Profile   Bookmark this reply Add Hercules to your friends list Get a Link to this Reply

Quote:

The cost of slabbing, postage and customs are all impediments to sending coins from Australia to the US. Then there is the slabbing fee and the risk of PCGS staff damaging coins (like Trout with coins that came back with fingerprints all over them). Or light fingered postal staff making the sending an exercise in stress.


Part of the reason I don't slab my mule is because I'm afraid it will get lost in transit, and I know my chances of finding another one are Buckley's or none. If they had an office here in Australia, then I might reconsider it, as long as I could keep an eye on it the entire time. I personally wouldn't send any coin in the mail that I wasn't willing to put back into the pond.
Valued Member
PNC king's Avatar
Australia
444 Posts
 Posted 10/02/2016  07:41 am  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
Oh rubbish that most top of the pops have been slabbed or that the only coins not slabbed are not worth slabbing or are body bag coins.
I have several hundred raw coins that are worthy of slabbing including at least 2 that are the finest known and perhaps 5 more that equal the best slabbed coins. Other collectors have even finer raw collections than me and all their coins are raw (I have over 100 slabs and my raw stuff is probably superior to my slabbed coins). the amount of times I have heard this rubbish amazes me , everyone thinks they own the best coins , but when they get them graded the truth comes out , until you beat the top sets on the set registry it is just hear say and conjecture
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trout1105's Avatar
Australia
7096 Posts
 Posted 10/02/2016  07:55 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I am of the same opinion as nealeffendi on this.
Using NGC or PCGS to have coins graded and encapsulated in Australia is a relatively new concept and there are even some dealers that haven't "embraced" this concept yet let alone all collectors.

To say that even 20% of ALL high the grade pre decimal coins have been graded already would be a Huge call.
What we see on the population reports are but the tip of the iceberg at the moment.
Even in the US there is a steady stream of newly graded coins being added to the upper end of the population charts and slabbing has been well established in the US for some time now.
Pillar of the Community
Australia
852 Posts
 Posted 10/02/2016  12:14 pm  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
I'm actually QUITE CERTAIN that I own 2 raw coins that are the finest known. One is an 8 pearler Dot Above English die 1920 (the best of fewer than 30 known). The other is an Ottoman gold coin (Zeri Mahbub) that is unrecorded in even the specialist publications (such as Uslu) so is the only known example. Now I will never beat the top sets but it is satisfying having a couple of coins that stops the top sets from having a clean sweep of every year.
Now as only 5 1920./ English have been slabbed but I know of over 20 examples that is less than 25% slabbed and over 75% raw. 1930 pennies have just 42 slabbed by PCGS and another 13 by NGC so less than 60 in slabs, I doubt that is even 10% of the non bodybag level 1930 pennies that could be slabbed. Can you explain why 90% of a scarce and pricey coin has not been slabbed if all the decent coins have been slabbed?
I also have enough high grade slabs (some are equal Top Of The Pop coins) that I use to compare to my raw coins so I have a good idea how they will grade. For every raw coin that I put in my awaiting slabbing folder I put several times that in my nice but not slab worthy folder. I'm sure there are other slab owners with similar folders as I see their results when they do send coins off for slabbing.
As for other collections I know that there are some fantastic (far superior to mine) collections out there. Just this year a couple of new Top Of The Pop coins were graded from some of these raw collections (like the MS67 1938 shilling that Drake recently sold for about $7,000).
I also know of a collection with thousands of Geo VI coins in Unc to Gem (all raw)
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Basil's Avatar
Australia
1040 Posts
 Posted 10/02/2016  7:55 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
I am of the same opinion as nealeffendi on this.
Using NGC or PCGS to have coins graded and encapsulated in Australia is a relatively new concept and there are even some dealers that haven't "embraced" this concept yet let alone all collectors.


Yeah,but the floodgates would open if there was an Aust. based Grader where people didn't have to send coins away for Months on end,surely NGC or PCGS or even ANDA can see a business opportunity.

http://www.drakesterling.com/coins-...service-PCGS
Edited by Basil
10/02/2016 7:59 pm
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 11/26/2016  9:35 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
i think the old coin guides in book form are now obsolete and a thing of the past , any thoughts please


The Rennicks 27th edition is due out next month
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/26/2016  9:43 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I haven't heard anything about the next McDonald's issue .
Any idea If and When the 23rd edition is due to be released?
Valued Member
PNC king's Avatar
Australia
444 Posts
 Posted 11/27/2016  01:25 am  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
the time is right for out dated paper guides to ce ASE
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 11/30/2016  05:16 am  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
I haven't heard anything about the next McDonald's issue .Any idea If and When the 23rd edition is due to be released?


One of my regular dealers mentioned that it would be out in December also, but I haven't heard anything since. Maybe he got it confused with Rennicks.
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Mr T's Avatar
Australia
2180 Posts
 Posted 12/11/2016  03:25 am  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply
Apparently it's being issued but not before Christmas.
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