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Do Key Date Older Aussie Coins Sell Anywhere Near Cat Value?

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trout1105's Avatar
Australia
7096 Posts
 Posted 01/06/2012  03:15 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
A coin of this calibre EF-aUNC would sell for about $3500-$4000 at auction.
If you are going to pay the seller the extra few grand I would definatly get a second opinion on the coin.
You can always break open the slab
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Australian coin's Avatar
Australia
1244 Posts
 Posted 01/06/2012  03:48 am  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
It's a negative on china copy, I know the dude who makes them and it is not his work.
But copy's are made in America too, so don't be fooled into thinking that china is the only country that makes them so does Lithuania I think ?, cant be sure of the country name I seen them on ebay a few weeks ago, they make really crappy threepence copies.

The A's in Australia have flat bases not wavy
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/06/2012  04:00 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Good observation AC.
I knew somthing was funny/wierd about this coin but I just couldn't nail it.
You did well done
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Jeff's Avatar
Australia
877 Posts
 Posted 01/06/2012  04:01 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
If you want a pre-decimal coin authenticated/valued then you can't go past Walter Eigener....http://www.numismatics.com.au/.
I doubt anyone would be better informed about pennies than him. He is in Canberra.

He also has some lovely coins for sale but mostly well above my hip pocket level.

Jeff
Pillar of the Community
Australia
841 Posts
 Posted 01/06/2012  04:50 am  Show Profile   Bookmark this reply Add Ausjack to your friends list Get a Link to this Reply
I'm a very long way of knowing what I'm talking about but looking at the pic you put up trout and the other there's something just not right, something to do with the pearls. Yours to me look bigger and flatish and look like they're nearly touching but the other if you were to imagine a bit of age like yours (no offence mate) wouldn't look anything like yours. Or is it just because it's from a different batch maybe.

Can some one please fill me in a bit more about the pearls and what to look for or have I sort of got it sussed a bit.

Thanks heaps
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 01/06/2012  05:04 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Ausjack what you refering to as Perls are in fact beads.
The Perls are in the band of the crown on the obverse.
The more Perls in the band the better the grade is a rule of thumb.
The beads in the inner circle of the reverse do tend to flatten and get closer together with circulation; it is another good way to tell the grade of a king George the fifth Aussie penny or half penny.
I have been collecting Aussie predecimals for a few years now and I tend to have a bit of an eye for them
I'm just waiting for Sel or Sap to buy into this, Instead of just sitting on the fence
Edited by trout1105
01/06/2012 05:10 am
Pillar of the Community
Australia
841 Posts
 Posted 01/06/2012  05:19 am  Show Profile   Bookmark this reply Add Ausjack to your friends list Get a Link to this Reply
Thanks mate, I told you I'm no pro CCF's pretty cool as I've have had no one to talk to about any of this only what I've tried to pick up in the odd book so any help is much appreciated So was I on the right track?

I'll let you play again ya little go get'em
Bedrock of the Community
sel_69l's Avatar
Australia
21673 Posts
 Posted 01/06/2012  07:23 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I guess I could come in on this one. I have my doubts on it, unfortunately

Consider in detail, letter for letter, the words 'COMMONWEALTH OF AUSTRALIA', on the reverse of the two coins, on the comparative images that trout1105 has submitted.

The examination of comparative images is one of the most powerful techniques to determine the authenticity of a coin, and anybody who reads ths thread has the chance to do that for themselves. That would be educational for us all.

Gradually, you will come to appreciate why I have my doubts.

I have a buddy who works for I.S. Wright in Sydney, who would be able to to confirm or otherwise the authenticity of this coin at a glance. He has been a professional coin dealer for more than 4 decades. He has a reputation that is known thouughout the Australian coin dealing industry. I have sold valuable coins to him, he has sold valuable coins to me over many years.

The coin in question could be submitted to I.S. wright for their opinion. I.S. Wright is probably the biggest coin dealing business in Australia, with branches of their business in capital cities in Australia. No need to send the coin to me, send it to them, their expertise is way better than mine.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 01/06/2012  07:40 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I am in total agreement with you Sel.

Quote:
The coin in question could be submitted to I.S. Wright for their opinion. I.S. Wright is probably the biggest coin dealing business in Australia, with branches of their business in capital cities in Australia. No need to send the coin to me, send it to them, their expertise is way better than mine.


Numismat, why not send the coin to this mob, they are undoubtedly the most expert people to send Australian coins to for valuation and authenticity in the world bar none.
Valued Member
dcoin's Avatar
Australia
191 Posts
 Posted 01/06/2012  09:32 am  Show Profile   Bookmark this reply Add dcoin to your friends list Get a Link to this Reply
http://www.iagauctions.com.au/pichi.html

Pictured in the above link is a mint state example of the 1925 penny. The post about the base of the letters does make sense, however if this is a fake then it is one of the best fakes I've ever seen (it's wear and ageing is consistent with the grade, which is extremely rare for a fake).

If you are really uncertain maybe contact Chris Buesnell at pacific rim coins (he set up the Australian Coin Grading service) and probably knows about as much about coins as anyone else in Australia.
Pillar of the Community
United States
1656 Posts
 Posted 01/06/2012  2:09 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Thanks everyone for your insight! =)
Pillar of the Community
United States
1656 Posts
 Posted 01/06/2012  6:15 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
I don't really see any difference in details between the MS-64 and my coin. I managed to find a few more in the Heritage archives, and a few were slabbed EF-AU. All of them have the bottom of the A's and other letters wavy, just like my coin.

Oddly enough the prices for these examples are nowhere near a couple or few thousand. I guess that's because these were sold in US auctions and not in Australia?

http://coins.ha.com/c/item.zx?saleN...&lotNo=50147

http://coins.ha.com/c/item.zx?saleN...&lotNo=20244

http://coins.ha.com/c/item.zx?saleN...&lotNo=23059

http://coins.ha.com/c/item.zx?saleN...&lotNo=23062

dcoin: That's my feeling too. I have seen many counterfeits of many world coins. Even the ones with really good detail never match the wear pattern. That seems to be specific to the die, press and amount of pressure used.

Sel: That comparison coin has more wear, which is why the date and other characters seem wider and flatter. On my coin they are still rounded due to lack of wear, like the EF/AU examples from Heritage.
Edited by Numismat
01/06/2012 6:19 pm
Bedrock of the Community
sel_69l's Avatar
Australia
21673 Posts
 Posted 01/06/2012  6:25 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have spoken to Chris on a number of occasions. He is one of the best in the business.
Pillar of the Community
United States
1656 Posts
 Posted 01/06/2012  7:57 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
I e-mailed him the pictures and hope he responds!
Bedrock of the Community
sel_69l's Avatar
Australia
21673 Posts
 Posted 01/06/2012  8:19 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Im am happy you have done that, Numismat, and I hope as well for you that my doubts are proven wrong. Best of good fortune!
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