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 Replies: 59 / Views: 6,631 |
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Pillar of the Community
Australia
7096 Posts |
Quote:
If you don't mind me asking, what grade do you have on that one ?
UNC or MS 65 brown in the US grading system ( that I hate ) Edited by trout1105
03/03/2012 07:14 am
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Pillar of the Community
Australia
4411 Posts |
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Pillar of the Community
Australia
4411 Posts |
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Valued Member
 Australia
163 Posts |
Big jump in price on ebay even between the 63s and the 64s. Can imagine the jump to 65 wouldn't be small either. The cheapest 63 on ebay seems to have what looks like water spots on it, definately not very nice eye appeal (my own opinion) Trout, I don't want to post the photo from the dealer onto the forum, as it isn't my photo. Any chance I could some how send it through to get your opinion ? Cheers -rob |
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Pillar of the Community
Australia
7096 Posts |
yes but the lustre is dull and is toned a bit.
Has a couple of bag marks on it but it is one of my favorites because of the wood grain effect.
If you look closely the grain on the obverse is the same angle on the reverse.
This is what makes Aussie coppers so interesting
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Pillar of the Community
Australia
7096 Posts |
enwarb I wouldn't even bid on that horror. Have a gander at the top of the Queens head  I can smell fish and rice with this one  |
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Pillar of the Community
Australia
4411 Posts |
The seller is the purple penny who would not sell a fake as real Plus it is slabbed. No way it is fake!
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Pillar of the Community
Australia
7096 Posts |
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The seller is the purple penny who would not sell a fake as real Plus it is slabbed. No way it is fake!
Fake slabbed coins are becoming an epidemic, What makes you think that the makers of counterfeit coins are incapable of slabbing them as well. I'm not having a shot at you or purple penny but have a subjective look at the pic's and make an honest decision. To me they definitely smell of fish and rice. I just hope purplepenny has redress on that slab and gets the quids back |
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Pillar of the Community
Australia
1005 Posts |
That listing is interesting.
To me, the coin looks a fair bit different to the one trout1105 posted earlier, but I would trust purple penny to be legitimate....
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Pillar of the Community
Australia
7096 Posts |
Quote:
That listing is interesting.
To me, the coin looks a fair bit different to the one trout1105 posted earlier, but I would trust purple penny to be legitimate....
I agree that the purple penny is a reliable and trusted seller. But even the best of us get snookered with a dodgy buy once in a while, The coin just looks "wrong" to me. I hope that it is just a trick of the lighting through the slab |
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Valued Member
Australia
163 Posts |
Here is an example of a coin advertised as Unc / Choice Unc? (MS63) (are we allowed to post to live ebay items?) http://www.ebay.com/itm/1960-p-PENN...em1e6bd8cbb5If the coin weren't slabbed, would this meet your expectations for a Choice UNC coin based on the streaks / spots? -rob Edited by rbarat
03/03/2012 10:50 pm
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Pillar of the Community
Australia
1295 Posts |
I'm one of the partners in the Purple Penny and I can assure you that coin isn't a fake. It's from a half roll of 1959M pennies we bought a few years ago. It's poorly struck, it's got machine die doubling, it's got metal flow, and the reverse is spotty but it isn't a fake. If you look on our website you'll see some other 1959M pennies that are a bit outside of of the norm for that year which came from the same roll. There were perfectly normal 1959M pennies in the same roll. Luck of the draw.
Really nice 1959M pennies aren't too scarce and I believe catalogue values are a little high on them. At any ANDA show you're likely to find several UNC 1959M Pennies in dealers books. Compare this with (say) 1954 plain florins (which you almost never see in UNC) and you'll understand how useless Macca's is for indicating scarcity of a coin. 1959M pennies only really fetch top prices for full red coins. Brown coins and spotty coins (like ours) won't get anywhere near catalogue value.
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Pillar of the Community
Australia
1295 Posts |
Quote:Here is an example of a coin advertised as Unc / Choice Unc? (MS63) (are we allowed to post to live ebay items?) http://www.ebay.com/itm/1960-p-PENN...em1e6bd8cbb5If the coin weren't slabbed, would this meet your expectations for a Choice UNC coin based on the streaks / spots? -rob In a slab or not, there's no way I'd grade that coin as choice unc with those reverse spots. |
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Pillar of the Community
Australia
7096 Posts |
My take on the grade Choice Uncirculated is that the coin is perfect without any marks,scratches,stains or any other fault. I fact it should be the pick of the litter from the mint  Uncirculated can have some bagmarks,odd stain or two,toning issues ect. The two grades are miles apart |
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Pillar of the Community
Australia
1295 Posts |
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My take on the grade Choice Uncirculated is that the coin is perfect without any marks,scratches,stains or any other fault.
I fact it should be the pick of the litter from the mint
Uncirculated can have some bagmarks,odd stain or two,toning issues ect.
The two grades are miles apart IMHO choice uncirculated is not a perfect coin. Often far from it. A near perfect coin is a GEM or FDC, a perfect coin pretty much doesn't exist in the pre-decimal era. Choice uncirculated should be lustrous, have minimal bagging, and be well struck for the type. Unfortunately grading standards are different from person to person, dealer to dealer, and grading company to grading company. For example your 1959 penny you displayed with the woodgrain would likely be graded as UNC by some dealers (and even AU by others) simply because it's not red. If it isn't very lustrous (as you mentioned) then it'd likely only get into a MS64 slab at PCGS because they weight lustre a lot more than the ANDA adjectival grading system does. The key is understanding how your own grading method relates to other systems. Not just published systems like the ANDA system or the Sheldon system but also how it relates to dealers grading. For example, if you know a dealer is a tough grader or a stick in the mud adherent to very old English style grading then you should be looking at every coin graded by the dealer as EF or better because there's a good chance you'll find undervalued UNC coins in there. Edited by markn
03/04/2012 9:05 pm
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Replies: 59 / Views: 6,631 |
First Page
Posted 03/03/2012 07:15 am
