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 Replies: 33 / Views: 4,926 |
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Pillar of the Community
Australia
7096 Posts |
These are pics of the orbs on a 1927 parlement house florin I recived today. It is graded at AU58. I tend to dissagree with the grade.   |
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Pillar of the Community
Australia
4411 Posts |
AU-58 is meant ro be EF-gEF in aussie grades yeh? That wear is quite significant to be EF. Which company slabbed it? My money is on NGC or ICG.
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Pillar of the Community
 Australia
7096 Posts |
50-58 is about uncirculated.
AU58 being the top grade in aUNC
EF is 40-45.
This was graded by PCGS
The rest of the coin is nice and does have nice eye apeal but it IS worn beyond aUNC+ in my opinion.
I would give this one AU50 or about EF+
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Valued Member
Australia
163 Posts |
A bit hard to say without seeing the rest of the coin.
The magnification of those photos is great, but probably not the level of magnification that you would use to grade a coin.
AU58 is About UNC.
The AU50 - AU58 is ranging from like aEF through to aUNC
The letters assigned to the sheldon system don't correlate exactly with ANDA standards.
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Valued Member
Australia
218 Posts |
Post the whole pic of the coin. PCGS grades the coin as a whole, whereas Australians pay particular attention to quality indicators. Hard to say, would like to see the whole image
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Valued Member
Australia
218 Posts |
.. forgot to say nice photos trout.. but you forgot to also mention about the Amobeas and micro organisms, walking up the steps to PH. Ha ha..
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Pillar of the Community
Australia
7096 Posts |
Quote:
Post the whole pic of the coin. PCGS grades the coin as a whole, whereas Australians pay particular attention to quality indicators. Hard to say, would like to see the whole image
OK sellers pics ( my iPhone went for a swim and is still in intensive care  )   |
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Pillar of the Community
Australia
7096 Posts |
Quote:
Amoebas and micro organisms, walking up the steps to PH We still have them to this day  Cos we only get the government we deserve  |
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Pillar of the Community
Australia
841 Posts |
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Pillar of the Community
Australia
7096 Posts |
Quote:
A bit hard to say without seeing the rest of the coin.
The magnification of those photos is great, but probably not the level of magnification that you would use to grade a coin.
AU58 is About UNC.
The AU50 - AU58 is ranging from like aEF through to aUNC
The letters assigned to the sheldon system don't correlate exactly with ANDA standards.
I bought this coin for two reasons. the first reason is If I see a nice 1927 P+H coin for sale I will almost always try and buy it, I just love these coins. The second reason was to get a "point of reference" so I could compare it to my other examples of this coin with regards as to how it rates in the Sheldon system. I am finding it hard to "Get my head around" the Sheldon system but at least I am trying now and not just shoving my head in the sand and refusing to learn something new. I still grade my own coins ANDA standard and probably always will, But I think it is important to be able to thoroughly understand the Sheldon grades because there are an increasing number of coins on the market graded this way. |
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Pillar of the Community
Australia
1607 Posts |
 with your thinking trout I have also started to buy slabbed coins as a reference ( high grade but low value coins at the moment ). Edited by appleangel07
07/30/2012 7:43 pm
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Pillar of the Community
Australia
762 Posts |
Quote:
50-58 is about uncirculated.
AU58 being the top grade in aUNC
EF is 40-45.
Trout, the Sheldon grading system is a different standard than the ANDA system. AU58 (SHELDON) = EF (ANDA) That is something you have to take into acount when buying Sheldon graded coins. I fell into the same trap buying a AU55 coin which in the ANDA standard equated to gVF - aEF. Thats why I thik it is time that Rennicks and Maccas started including the Sheldon grading. It would clear up this confusion (and stop sellers taking advantage of this confusion) |
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Valued Member
Australia
218 Posts |
Im sure I've seen the grading comparisions, table form. Can someone post it for us again please...
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Pillar of the Community
Australia
1295 Posts |
Regardless of what people in this thread are saying THERE IS NO HARD AND FAST CONVERSION between the ANDA standard and the Sheldon system as PCGS apply it. AU58 can be AU, it can be gEF. Look at each coin on it's merits and don't think that a numerical grade is so easily converted to an Australian adjectival grade.
As to the grade of that coin you cannot grade parts of a coin, the entire coin needs to be graded. Some rub like that on the high points and immaculate fields could easily result in an AU58 grade.
Edited by markn
07/31/2012 7:12 pm
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Pillar of the Community
Australia
1295 Posts |
Quote:
I bought this coin for two reasons.
the first reason is If I see a nice 1927 P+H coin for sale I will almost always try and buy it, I just love these coins.
The second reason was to get a "point of reference" so I could compare it to my other examples of this coin with regards as to how it rates in the Sheldon system.
I am finding it hard to "Get my head around" the Sheldon system but at least I am trying now and not just shoving my head in the sand and refusing to learn something new.
I still grade my own coins ANDA standard and probably always will, But I think it is important to be able to thoroughly understand the Sheldon grades because there are an increasing number of coins on the market graded this way. What an excellent idea. One thing to be wary of is how quality of strike effects adjectival grades and the Sheldon grade as PCGS apply it. Strike weakness can be penalised very harshly under the Australian standard, even to the point that I've seen poorly struck coins with just the slightest hint of wear graded as aEF-gEF. Quality of strike isn't taken into account at all by PCGS until the higher MS grades. So a poorly struck 1915H florin with just a bit of rub will be AU58. Another thing to be aware of (and something I am still struggling with) is the fine line that PCGS seem to take between what grades MS62 and what grades AU58. I've been confused by numerous cases where apparent wear has not been seen as such by PCGS and what I believed was an MS coin was not deemed to be so by PCGS. The net result of this is that an MS62 (and more than a few MS63's) is often not a great coin and cannot expect to get UNC money regardless of what some sellers might like to tell you. |
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Pillar of the Community
Australia
541 Posts |
Mark, quality of strike is taken into account in all MS grades, the reason you don't see an effect is because most Australian coins are well struck relative to the world's coinage - this is because Australia is a relatively new country.
Try sending in a typical later die state Adelaide pound (one of the unevenly struck ones with incomplete legends for best results) with flawless surfaces and you won't get a grade higher than MS61.
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Replies: 33 / Views: 4,926 |
Posted 07/30/2012 07:59 am
well done trout 
