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sel_69l's Last 20 Posts

2024 Mintage Figures
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted Yesterday   11:12 pm
The Royal Australian Mint usually publishes full mintage figures sometimes as much as three years after the current date,
because they may use perfectly good unused working dies from previous years, rather than destroying them.

Thus, a coin bearing a particular date could have the possibility of being struck in any of the previous three years.
It becomes necessary to glean the total mintage of a particular type and date, by examining the total mintage for that coin over three mint reports, but full and accurate mintage information can still be found.
Nevertheless, still somewhat frustrating the Australian collector, unless some detective work is done.
Forum: Main Coin Forum

TPG, XRF And Ungradable Details
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted Yesterday   10:59 pm
As far as I know, the TPG's never provide any details of any scientific examinations on any coin that they may have done.

It would be good if they did do this, at the very least on what methods of non destructive testing they use, and under what circumstances they feel that these methods may be justified to use.

In not doing so, it seems to me that the TPG industry may be somewhat negligent.

It reassuring to know that at least some bullion dealers have XRF backup, so why not TPG's ?

Just knowing that a coin has been slabbed may be OK for authentication coins that have a potential market value (say) below $2,000,
but what about a coin that has a potential value of $50,000, and what particular method(s) were used?

Quite independently from TPG grading,
I have has a coin's surface examined under an electron microscope and a 50,000 volt non destructive electron beam metal analysis carried out at several points under a high vacuum, whilst under examination in the microscope's chamber.
Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC.
 
2013 Gold Buffalo Reverse Proofs Small Light Spots
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/16/2025  11:54 pm
To my eye, it cannot be an MS-70 coin.
Otherwise, (also to my eye), to looks to be OK.

Nevertheless, it should be investigated further by a professional.
Also need to get further info on what the Mint has termed "starburst", along with a technical explanation as to how this feature happens.
Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors
 
800oz Bags Of Silver From State Of Massachusetts?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  8:28 pm
It would be my inclination to shy away from buying gold and silver, in both bullion and coin form just now.

If you are a long term stacker,
sudden price rises above medium term trend lines are usually followed by a fall, and that is the time to consider re entering the buying side of the market.

Sellers are currently taking their profits.
Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum
 
Regarding New Tarrifs
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  8:20 pm
Do you want the bad or good news first?

Bad:
It's going to be more difficult if buying numismatic items from genuine dealers and auction houses outside the US.

Good:
It's going to be much more difficult for China to export fake coin products to the US.


Overall effect:
American collectors will tend to stick to more to American dealers and US coins.
Forum: Canadian Coin Grading
 
1853 PCGS Large Cent - AU Details For Smoothing But What About The Color?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  12:50 am
To my eye, those vertical lines on neck and truncation are light scrape lines.
I also there is slight surface disturbance around the star in front of Lib's eye.

"AU detail" is the correct grade for this coin.

I do not think that the 'altered color' is artificial, but is just part of the natural toning for this coin,
and that is why PCGS has not commented on it.
Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC.

Double Eagles At Melt?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  12:43 am
Never seen double eagles lower than EF.
Because of this, I have never seen double eagles at very close to melt.
Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum
 
Searching For Opinions On Current TPG Grading Standards
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  12:40 am
I always grade coins for myself, but
I also keep a close watch on slab gradings for my own education.

My experience tells me that generally,
there has been less drift in grading standards with slab gradings with narrower grading opinions,
as opposed to dealers' gradings for unslabbed coins.
Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC.
 
Gut Feeling For Silver.
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  12:33 am
I have only ever bought scrap silver coins at below ASW bullion price, but I also tend to shy away when there is an upward spike in the price that is above the general trend line.

As such, my buying opportunities are few, but that has been my strategy for the last 40 years.
Haven't sold any of them, but I do remember a time when spot silver was below $5 per ounce.

Tend to do the same with numismatic coins generally, especially ancients. Lots of prior price research required, before deciding on a purchase.
Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum
 
Update: Is There Any Help For This Steel 1915 5 Pfennig?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/04/2025  12:22 am
Like verdigris on copper, brass and bronze coins,
rust on steel coins permanently damages the surface.

Much better to try to look for steel coins with unblemished surfaces.
Such coins can be quite scarce.
Forum: World Coins and Commemoratives
 
House Introduces Common Cents Act To Cut The Penny
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/02/2025  10:20 pm
Can't we have injection molded plastic pennies instead ?

Many countries have plastic banknotes wide scale circulation.
Forum: US Modern Coins

Gold Coming Down To Earth ?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 05/01/2025  11:59 am
Who is continuing to buy gold on the World market just now ?

? Is China trying to protect itself against Trump tariffs ?

--------------------------------------------------------------------------------------------------------------------------------------------------

Warning for gold stackers:- be more than ever on the lookout for very deceiving bars and coins with a tungsten core.
Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum
 
1892 Barber Half Dollar - For Grading
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/29/2025  8:08 pm
I agree that it may have had a light metal polish, but must have been a long time ago, and since well patinated over.
Some wear flat spots on the high points.

AU-50.

Nevertheless, I would still buy it at the right price.
Forum: US Classic and Colonial Coin Grading
 
Has Anyone Used This Size Loupe -Extra Large Fold Away Loupe
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/26/2025  11:48 pm
I use a 20x loupe of the type pictured for examining the internal flaws in gemstones. It has a very narrow depth of field, and is very difficult to examine the surface of coins, but with an acquired skill, it can be done. Very useful in examining the surface texture of suspected fake coins.

I also use a 10x eye loupe of the same standard power that third party graders use. It has a much wider depth of field. I use this separately, but in conjunction with 4X normal design twin lens glasses, which provide for easy binocular vision. I use these in combination for grading coins for myself.

I find that point source light is much easier, rather than flood lighting. Direct sunlight is by far and away the best for coin grading, but care is needed to avoid shadows.
Forum: Supplies, Books, Reference, Software, etc
 
1917-R Vittorio Emanuele III 2 Lire Quadriga Reverse
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/25/2025  7:54 pm
Artwork on Italian coins of this period is excellent.
Forum: World Coin Grading
 
What Are You Looking To Buy Next?
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/25/2025  7:51 pm
I am not a note collector, but
a One Dollar silver certificate in high grade at the right price would be a good acquisition for me.
Forum: US Paper Money and Banknotes

Trio Of Coins Before And After Acetone Soak
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/25/2025  7:47 pm
Acetone will remove organic fatty acids, such as meat fats but only if they are removed immediately after to exposure to the coin.

Fingerprints are in this category.

If not removed immediately, they will react with the metal, to form complex organic salts, which become an irremovable part of the coin's surface.

Acetone is unable to remove this sort of staining.

Acetone will not remove inorganic substances, such as oxides sulfides, etc., which can be part of acquired toning, ugly or beautiful.
Forum: US Modern Coins
 
The Gold Man Came Today
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/16/2025  01:17 am
Beware :-
With the price of gold skyrocketing,
there is more of a temptation for the fakers to manufacture fakes with tungsten cores, with thick gold covering, either from recycled 90 % coin gold, or 99.999 pure gold, depending on the product.

(Both tungsten and gold have a density of 19.3 g/cc.)

Very deceiving bullion bars and coin fakes have been reported in the past, the coins to proof standard.
Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors
 
1842 Coronet Eagle (PCGS Vs You) Not My Coin
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/12/2025  11:49 pm
If I were to be interested in buying it, (for which I am not),
AU-58 would be the grade about which I would negotiate a price.

With those thoughts, I would expect to miss out, but at that level, OK by me.
Forum: US Classic and Colonial Coin Grading
 
1908 Barber Quarter Planchet Error Before Being Struck Up.
sel_69l
Bedrock of the Community
Australia
21638 Posts
Old Post Posted 04/08/2025  6:07 pm
GMS5 has correctly described two forms of die damage, which are most probably related.

Nice pick up !
Forum: US Classic and Colonial Variety and Error Coins



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