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Pertinax's Last 20 Posts
| Can Someone Explain The Units In Aussie Coins?
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
 Posted 05/10/2025 06:45 am
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Quote:
There is a mixture of GB, NZ and Australian coin info in this thread.
GB stuff doesn't really belong here, they have a separate section.
GB coins are inextricably linked with pre-decimal Australian coins.
I remember Uncle Jim telling me that GB halfpennies, pennies, sixpences, shillings and florins circulate freely in Australia.
I suppose halfcrowns didn't because there was no Australian equivalent, and that by 1946, Britain was using 12-sided threepences whereas Australian was still using round ones. |
| | Forum: Coins, Bank Notes, and Paper Money: Australia, New Zealand, & South Pacific (Oceania) |
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| No Longer A Collector
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 04/01/2025 7:17 pm
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Quote:
Let's say all your coins/bullion have a Fair Market Value (FMV) of more than you paid for them.
If, on the day before you die, you sell your coins/bullion at FMV for a gain, the gain must be reported for income tax purposes (speaking of United States) leaving less money for your heirs.
If your heirs inherit the coins/bulliom, under current law, their basis becomes the FMV of the coins on the date of death. Thus, if they sold them that day for the FMV, there would be no taxable gain, and thus they would have more money.
I don't know how tax on inheritance or capital gain works in the USA but in the UK, it makes little difference, if the value of the estate is high enough to be taxable, since inheritance and capital gains tax rates are the same. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| The High Price Of Bullion
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 04/01/2025 6:56 pm
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Quote:
For me, at least, when the bullion value rises up to equal the numismatic value, the coin is "junk", i.e. junk silver.
I disagree. It's not a popular opinion, however, I think that coins which have a numismatic premium over melt, will retain a premium in the long term. That premium will vary, but unless a hoard is discovered or the type goes out of favour, that coin will still be rarer than other dates/mints.
If your LCS regards key dates as junk silver, then now is the time to buy, if you
can afford to. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Impacts On Coin Valuations Due To Currency Fluctuations
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 03/31/2025 6:05 pm
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Most US coins are valued in US dollars, so if the dollar rises or falls, their valuation moves accordingly.
If a non-US coin dealer is offering a coin for $1,000, do they accept a fall in the dollar value will give them less in their own currency, or do they recalculate the price based on their local currency?
European Union dealers mostly price in Euros, based on the Euro being around parity with the dollar, especially for non-US coins.
If the dollar falls significantly, say by 30%, a 1,000 euro coin will then be worth $1,400.
Will the reference books like the World Coin Catalogue revalue their dollar valuations for non-US coins upwards?
What is the impact on the value of the dollar, if major players decide they will switch from pricing gold in dollars to pricing in say euros, yen , or pounds? |
| | Forum: Main Coin Forum |
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| Germany 5 Reichsmark 1936 Mintmark Error (Km94)
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 03/30/2025 8:40 pm
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I've just noticed an error with the mintmark on this Germany 5 Reichsmark 1936 (KM94).
Here's the full reverse - the mintmark is above the left wing.
Here's a close-up of the mintmark - in hand, it looks like a 1.
Possible values are A, D, E, F, G, J.
Is it a badly formed A or is it what a J looks like? |
| | Forum: World Variety and Error Coins |
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| Help Needed With Opening Page
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 03/24/2025 3:28 pm
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Mcshilling,
Is this under Statistics on the Home Page?
If so, I've generally found it accurate.
However, a forum that I ran using the same base template, sometimes got it wrong.
Refreshing the page gave the correct answer.
No one found it useful on my forum, so I removed it and nobody complained. |
| | Forum: Coin Community Support, Suggestions, and Feedback |
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| How Can I Clean My Copper-Nickel Coin?
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 03/14/2025 9:06 pm
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I can't see whether those darker patches have eaten into the surface of the coin.
If that's the case, nothing will improve the situation.
If not, I would try
1) soaking in pure acetone, starting with a few minutes and gradually longer.
2) if 1 doesn't work,
a prolonged soak in a dilute solution of washing-up liquid and distilled water might help.
Neither solution is without risk, prolonged soaking in acetone will remove patina.
Your washing-up liquid might not be neutral; it might be acidic or alkaline and either may damage the coin. |
| | Forum: World Coins and Commemoratives |
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| Official PNC (Philatelic Numismatic Cover) Thread
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 02/14/2025 06:53 am
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@commems
Quote:
@Pertinax: You asked a bunch of similar questions more than four years ago, check out my response to those questions and let us know what questions you still have.
I thought I had but I couldn't find the answers - thanks for the link.
Remaining questions:
How are PNCs put together?
Is the coin enclosure produced on the printer or is it inserted afterwards?
How does the coin get into the enclosure?
Does it come in two halves, coin popped in, enclosure sealed with heat?
Or is the enclosure sealed around the coin?
Are there any production figures for PNCs?
When were PNCs first issued? |
| | Forum: Main Coin Forum |
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| Official PNC (Philatelic Numismatic Cover) Thread
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Pertinax
Pillar of the Community
United Kingdom
2073 Posts |
Posted 02/13/2025 4:47 pm
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How are PNCs put together?
Is the coin enclosure produced on the printer or is it inserted afterwards?
How does the coin get into the enclosure?
Does it come in two halves, coin popped in, enclosure sealed with heat?
Or is the enclosure sealed around the coin?
Does the manufacturer have an arrangement to get BU coins direct from the mint?
Are there any production figures for PNCs?
If coin cards can become more desirable because they are rarer, perhaps that could become true of PNCs.
When were PNCs first issued? |
| | Forum: Main Coin Forum |
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