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1927 Florin Grading Comparison Question

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erkle's Avatar
1119 Posts
 Posted 02/09/2012  6:19 pm Show Profile   Bookmark this topic Add erkle to your friends list Get a Link to this Message Number of Subscribers
i was looking at completed listings on ebay and found this pcgs ms-62 27 coin
1927-Florin-Grading-Comparison-Question
1927-Florin-Grading-Comparison-Question
1927-Florin-Grading-Comparison-Question
now how does this one rate/grade in comparison and would it be worth sending it away for slabbing? would it increase the value enough to be worth it? what is it worth?
ive used the scans that best show the minor scuffing here
1927-Florin-Grading-Comparison-Question
1927-Florin-Grading-Comparison-Question
this pic shows the true tone or lustre
1927-Florin-Grading-Comparison-Question



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enworb's Avatar
Australia
4411 Posts
 Posted 02/09/2012  6:28 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
You got a pretty nice coin erkle. The reverse looks nice in the photos but the scans let the obverse down a bit. You should try and take a photo of the obverse. For some reason as soon as something is slabbed people go nuts over it so might be worth it if you want to sell it but I think that if you plan on keeping it leave it raw.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/09/2012  9:55 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The coin graded as MS62 is a sharper coin. There are minor field scuffs in the obverse field of this coin.

The unslabbed coin has slight softness in the beard, although I would still grade it as uncirculated. It also has a few more obvious small nicks in the obverse field.

The reverse of both coins, relative to their respective obverse, is better. This is usually the case.

I have observed that these coins retail for around half of their catalogue value. For me, they represent the best value for money in the whole of the pre decimal series.
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trout1105's Avatar
Australia
7096 Posts
 Posted 02/10/2012  01:44 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Nice coin erkle my favorite design.
Don't slab it leave it free[OO
They are really awkward to get out of the slabs
Valued Member
Australia
243 Posts
 Posted 02/10/2012  9:18 pm  Show Profile   Bookmark this reply Add enoilgam to your friends list Get a Link to this Reply
Dont slab it, slabbed Australian coins dont really attract much of a premium over CV if any at all. Plus, US grading is slightly different to Australian grading anyway.
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trout1105's Avatar
Australia
7096 Posts
 Posted 02/10/2012  9:32 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
slabbed Australian coins don't really attract much of a premium over CV if any at all

I tend to disagree ,have a brows on ebay at the prices of the slabbed versus the raw coins.
Same grade in the raw are far cheaper than the "slabbed" offerings
Valued Member
LostnFound's Avatar
Australia
55 Posts
 Posted 02/11/2012  01:37 am  Show Profile   Bookmark this reply Add LostnFound to your friends list Get a Link to this Reply
Beautifull coin
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enworb's Avatar
Australia
4411 Posts
 Posted 02/11/2012  01:40 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I agree with trout. Slabbed predecimals seem to skyrocket in value for some stupid reason.
Valued Member
Australia
157 Posts
 Posted 02/11/2012  02:38 am  Show Profile   Bookmark this reply Add bellyflorin to your friends list Get a Link to this Reply
I just love the canberra florin , the best design ever, Erkle your raw coin is lacking a bit of detail in the steps,Sorry to me it looks like it might of had a bit of a clean IMO Please don't give me a , as pcgs has given me plenty , I would keep it as a raw coin .If you are looking to buy a ms65 that will set you back around $500.If you have bags of money you can go for a proof one pr67 there is one up for grabs at heritage in April .
Valued Member
Australia
157 Posts
 Posted 02/11/2012  02:54 am  Show Profile   Bookmark this reply Add bellyflorin to your friends list Get a Link to this Reply
Canberra florins approximate values in pcgs slabs,ms62 $80 ,ms63 $100 , ms64 $200 , ms65 $500 , ms66 $2700 and ms67 $4,000 ps, I am happy to collect slabs and raw coins canberra florin.
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goatieman23's Avatar
Australia
869 Posts
 Posted 02/15/2012  11:43 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
I've got a 1927 MS64 which is nice. The thing with raw vs. slabbed is people are paying because it's got a grade on it. They know (apart from the fact the some slabs have been forged/copied) that the coin is legit & has a specific grade on it. They will know how far the wear is.
I was collecting some slabbed, but I like raw coins.
What you should look at doing is getting a nice bunch of of raw coins together & contact the Purple Penny & pay them a few dollars to get them slabbed, that way you too can be on that side of the board. Semi-nice coins end up being above-nice coins when slabbed.
I'm tempted to slab a few for preservation sakes.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/16/2012  03:32 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The only reason I can see for slabbing a MS60 to MS60+++ would be to justify it's sale price. Prices differences for MS60 to MS60+++ are huge, and can be open to dispute, therefore TPG is called in.

I will just content myself with the MS60 (unslabbed) example in my collection.
Valued Member
Australia
318 Posts
 Posted 02/16/2012  03:34 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply
I'm all about raw. I started collecting sixpences that were slabbed, and I don't have any real connection to the coin. To me, they become plastic.

That said; I had the thought: Because Trout, you're right, you can buy raw a million times cheaper than slabbed same grade, it makes sense to buy them raw and slab em yourself!

BTW: I have a confession-
I wasn't overly a fan of this coin, but the more you post and comment about them, the more they are growing on me.
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trout1105's Avatar
Australia
7096 Posts
 Posted 02/17/2012  03:01 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
BTW: I have a confession-
I wasn't overly a fan of this coin, but the more you post and comment about them, the more they are growing on me.


The appreciation for the design on this coin grows larger with every picture of it posted
Valued Member
dcoin's Avatar
Australia
191 Posts
 Posted 02/17/2012  04:51 am  Show Profile   Bookmark this reply Add dcoin to your friends list Get a Link to this Reply
Your coin would grade AU58, unless it is a 1927 canberra florin which will grade MS64 or above it is not worth your while getting it slabbed (what you spend in slabbing you'll never recover in an increased sale price).
Valued Member
dcoin's Avatar
Australia
191 Posts
 Posted 02/17/2012  04:53 am  Show Profile   Bookmark this reply Add dcoin to your friends list Get a Link to this Reply
Sorry I got the coins confused, the PCGS coin I would have thought was only AU58, your coin looks cleaned potentially (really hard to tell with the images though).
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