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 Replies: 11 / Views: 1,691 |
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New Member
Australia
43 Posts |
I now understand why I never purchased 1910-1925, 1932, 1935. Because I couldn't afford them when I was a kid. my collection is a mixture of F > aUNC so I'm not incredibly fussed.
I am interested to know what strategies some collectors have here? eg get space filler, leave gaps for the coins which seem too expensive and simply don't get them. Bite the bullet etc.
another option I guess he is to get 32 & 35 to fill gaps & 1910 (because it's a different type). Besides I intend to collect Shillings, 6p, 3p as types rather than every date to maintain quality and keep within budget..
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Valued Member
Australia
59 Posts |
get a good/fine as the reverse is usually pretty good for a dasco album,you can always upgrade when you have the dosh, you can't loose on the rear ones in that grade!
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Pillar of the Community
Australia
1244 Posts |
I set myself a budget of how much I am prepared to pay for each type of coin.
It simply comes down to, if I get a crappy filler coin it has to be much cheaper than my budget, and hope I get a better one later to upgrade it.
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Bedrock of the Community
Australia
21786 Posts |
If you think that your numismatic obsession is going to last a lifetime, (as mine has), bite the bullet and get the best you can, but only buy occasionally.
You need to work to a budget and save a little for coins when you can. When you think you are in a position to add to your collection, do some price vs condition research so you know your market at the time you 'bite the bullet'.
At 20 years old, I decided that I was going to attempt an Australian gold type set. My strategy was to go for the hardest coin first. That was the Adelaide Pound. I bought one for myself on my 21st birthday. As the collection grew to completion, the task got easier and easier. The task was completed in three years.
My advantage that most kids don't have is that I was working from 12 years old for my dad. He let me keep all of the money I had earned.
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Pillar of the Community
Australia
4411 Posts |
If you are going to collect the other denominations as type sets then I suggest selling off your excess florins and going the same route with them as the others. If your set on completing the florins then just work at them slowly and eventually you'll get there. A coin a fortnight or a coin a week it will happen slowly but happen all the same.
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New Member
 Australia
43 Posts |
a couple of local coin dealers were telling me there is a bit of a drought of Florins at the moment. Is that right. Would you recommend working on the harder dates first as they become more difficult to find?
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Pillar of the Community
Australia
1607 Posts |
I'd be buying a halfway decent coin to fill the gaps now before they get too scarce & the price goes up,then later you can upgrade if you can afford to.
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New Member
Australia
43 Posts |
I'd be prepared to get a 1932 being a key date. I guess I would want to try and get the best grade for my budget...
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Pillar of the Community
Australia
4411 Posts |
I dont think it matters if a couple of the key dates are a lower grade than the other coins but I would be aiming to be fairly consistent. You dont want to have one UNC coin amongst 30 Fine coins. It just wouldnt look right IMO.
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New Member
Australia
43 Posts |
Yeh I was aiming for F/gF but no better. It seems they're going for about $600
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Pillar of the Community
Australia
7096 Posts |
Quote:
a couple of local coin dealers were telling me there is a bit of a drought of Florins at the moment I would imagine that this may be due to the low silver price at the moment. A lot of collectors/hoarders treat the lower grade florins as bullion and only part with them when the silver price is good. I like it when the silver price hikes a bit because the market tends to get flooded with half decent coins at reasonable prices  |
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Moderator
 Australia
16808 Posts |
A few years ago I had the chance to disassemble a near-complete florin set that appeared to have been assembled "on the cheap" back in the 1960s-1970s; most of the coins were extremely well worn (calling the pre-1920 examples "About Good" would be generous) and appear to have been cleaned at some point; I suspect they were fished out of a coin dealer's silver florin scrap/bargain bin a few decades ago. My florin set was very incomplete at that stage, so I picked out the ones I didn't have and on-sold the rest.
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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Replies: 11 / Views: 1,691 |
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Posted 07/18/2012 04:47 am
