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 Replies: 12 / Views: 1,045 |
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Pillar of the Community
Australia
1111 Posts |
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Pillar of the Community
Topic StarterAustralia
1111 Posts |
These need a clean up thou but petrol and match won't do lol.im joking just say what yous think.
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Pillar of the Community
 Australia
863 Posts |
I'll leave the grading to others at this stage, but I still keep seeing alluvial flour gold on the table-top. You should bottle it!  The Ox moves slowly, but the Earth is patient.
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Pillar of the Community
Topic StarterAustralia
1111 Posts |
Oh yes speckled gold  Uploading UK crown and new Zealand crown on other thread with nz 20 cent take a look. |
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Pillar of the Community
Australia
1527 Posts |
I'm going to have a go and say XF on detail but dropped to a VF given the multiple large scratches. I haven't graded coins before so will be interested to see what the experienced graders come up with.
Edited by David Graham
08/16/2022 5:14 pm
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Pillar of the Community
Topic StarterAustralia
1111 Posts |
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Pillar of the Community
Australia
904 Posts |
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I'm going to have a go and say XF on detail but dropped to a VF given the multiple large scratches. Yes,close,once the King/Queen's face is marked,even from the 3-B's,bin/bucket/bag,the grading,and value,drops away considerably on high mintage years because there are always plenty of better egs.
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Moderator
 Australia
15396 Posts |
The top one doesn't look like a double-bar to me.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Australia
1527 Posts |
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The top one doesn't look like a double-bar to me.
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Formerly nancyc
Australia
5372 Posts |
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The top one doesn't look like a double-bar to me.
life is a mystery to be lived not a problem to be solved
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Pillar of the Community
Australia
1527 Posts |
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Yes,close,once the King/Queen's face is marked,even from the 3-B's,bin/bucket/bag,the grading,and value,drops away considerably on high mintage years because there are always plenty of better egs.
That seems crazy. I always thought mintage affected value but not grading with grading being based on physical attributes only. Does that mean that when a bunch of older coins are discovered then the pre-existing gradings for each specimen are redundant and have to be revised?
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Moderator
Australia
15396 Posts |
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That seems crazy. I always thought mintage affected value but not grading with grading being based on physical attributes only. Ideally, you are correct; it should. However, there is a tendency - and the American TPGs openly affirm this is the case - that rarer coins are graded more generously than commoner coins, even within the same series. It's called "market grading". It doesn't tend to have much effect in terms of actually changing grades, because it's rare for giant hoards of identical coins - hoards large enough to skew the relative rarity within the hoarded series - to be discovered and brought onto the market.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Australia
904 Posts |
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It's called "market grading". Thanks Sap. Yes,with the rarer low mintage Coins it can/may be called Bag/Bin marks and this is taken into account when grading. With high mintage years they don't bother as there are thousands,if not ten of thousands, of better egs out there. With high mintage years if there are marks on the King/Queen's face,for eg,the Coin is downgraded accordingly,how they got there is not important for Dealers/Graders. That's how it was explained to me over the years anyway.
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Replies: 12 / Views: 1,045 |
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Posted 08/15/2022 11:27 pm
