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1954 Florin Grade

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trout1105's Avatar
Australia
7096 Posts
 Posted 11/24/2012  6:15 pm Show Profile   Bookmark this topic Add trout1105 to your friends list Get a Link to this Message Number of Subscribers
Your thoughts on this one
Nice die crack as well

1954-Florin-Grade

1954-Florin-Grade


1954-Florin-Grade

1954-Florin-Grade

1954-Florin-Grade

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erkle's Avatar
1119 Posts
 Posted 11/24/2012  6:51 pm  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
aunc some minor rub marks ( lion belly/chest and just west of lizzie's temple )?
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wwwww's Avatar
Australia
541 Posts
 Posted 11/24/2012  7:02 pm  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
Agree with aUNC
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/24/2012  8:21 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
This was slabbed by PCGS as MS64.


1954-Florin-Grade
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/24/2012  8:39 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
I think I should send all of my coins to PCGS for grading,I have also noticed how they grade
2000 $1 mule coins and what I call VF and good VF they grade as AU55 and AU58
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wwwww's Avatar
Australia
541 Posts
 Posted 11/24/2012  9:21 pm  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
The discolouration in your photos gives the false impression of wear, here are my photos:

1954-Florin-Grade
1954-Florin-Grade
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 11/24/2012  9:29 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
I have also noticed how they grade
2000 $1 mule coins and what I call VF and good VF they grade as AU55 and AU58


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erkle's Avatar
1119 Posts
 Posted 11/24/2012  10:22 pm  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
leaves a lot of room for improvement in ms65 and ms66
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/24/2012  10:25 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
The discolouration in your photos gives the false impression of wear, here are my photos:


They are not photographs they are High resolution scans that show every single detail of the coin.
The 2 pics I did use the camera for are to show that the lustre is good.

It IS a nice coin but MS64 is a bit of an over grade.

Anyway the die crack is the winner with this coin and I am more than happy with it
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/24/2012  10:49 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
leaves a lot of room for improvement in ms65 and ms66

I think MS65 is as good as these get.
These and the 51 commemorative were treated with disdain and kept purely as bullion coins.
I would imagine that they were stored ad-Hock in bulk without concern about damage to the coins similar to the 1966 round 50 cent coin.
As a result these are quite difficult to get in high MS grades.
I paid MS63 price for this coin and am happy with that
Even in MS62/63 these are hard to come by.
With the large open fields on the 54 coin I think anything over MS60 are worth keeping.
As there is quite a large upsurge in Aussie collectors going over to TPG coins they should employ some Australian coin experts to grade them.
I doubt that a US collector would have too much faith in the TPG's if their US coins were graded by an Australian.

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robster's Avatar
Australia
674 Posts
 Posted 11/24/2012  11:20 pm  Show Profile   Bookmark this reply Add robster to your friends list Get a Link to this Reply
Valued Member
Australia
163 Posts
 Posted 11/25/2012  01:08 am  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply

Quote:
As there is quite a large upsurge in Aussie collectors going over to TPG coins they should employ some Australian coin experts to grade them.
I doubt that a US collector would have too much faith in the TPG's if their US coins were graded by an Australian.


I don't get how what country a coin expert comes from, is relevant?

PCGS, guarantee their grading of a coin, and should you chose to do a guarantee submission, and the coin was found to be overgraded, they will pay the price difference between the grades.
I don't know of any Australian experts who provide that service.

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trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  01:30 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I don't get how what country a coin expert comes from, is relevant?

I am not referring to the nationality of the grader, That is irrelevant.
I am referring to the graders expertise in regards to Australian coins.


Quote:
PCGS, guarantee their grading of a coin, and should you chose to do a guarantee submission, and the coin was found to be over graded, they will pay the price difference between the grades.

How much do they charge for that and who does the re-grade?


Quote:
I don't know of any Australian experts who provide that service.


There are NO Australian TPG's so that is a moot point.
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wwwww's Avatar
Australia
541 Posts
 Posted 11/25/2012  01:47 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply

Quote:
I don't get how what country a coin expert comes from, is relevant?


Experience is needed to apply the Australian system because every coin is graded against other coins of its type. For example, a 1941-KG penny can be poorly struck up and called GEM, while a Centenary florin can't be called GEM unless the strike is superb. You need experience and intimate knowledge of Australian coins to know what is expected at each grade level for each coin.

PCGS has only 1 set of grading standards that they apply to every coin, so experience with the coin you're grading isn't necessary.

I think what trout is suggesting is that PCGS should adopt the Australian standard for Australian coins and thus would need expertise in Australian coins in order to apply it.
Edited by wwwww
11/25/2012 01:49 am
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  02:19 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Experience is needed to apply the Australian system because every coin is graded against other coins of its type. For example, a 1941-KG penny can be poorly struck up and called GEM, while a Centenary florin can't be called GEM unless the strike is superb. You need experience and intimate knowledge of Australian coins to know what is expected at each grade level for each coin.

PCGS has only 1 set of grading standards that they apply to every coin, so experience with the coin you're grading isn't necessary.


Now I am totally confused
A MS70 or FDC coin has to be perfect it every aspect of the coin (Including strike), If the grader doesn't have the intimate knowledge of a certain coin type then how can they grade them accurately
This must apply to coins in grades lower that MS70 as well.

Regardless of which system of grading is used, IMHO it is better done by someone that does have intimate knowledge of Aussie coins rather than an expert in US coins.
I think that most of the Canadian collectors respect the grades of ICCS over the opinions of the US based PCGS graders.

We NEED a Australian based TPG to grade Aussie coins.
I also think that they should be graded in the Sheldon system to keep in line with the US and Canada.

I think YOU could be instrumental in this endeavour Walter because you have the knowledge and respect of the Aussie numismatic community.
I am pretty certain that a coin graded by you would have more validity that a coin graded by some unknown entity.
Personally I would buy a coin that you have graded in a heartbeat, With the assurance that I would receive EXACTLY the grade stated

I cannot understand what is so alien about an Australian TPG manned by experts in Australian coins grading and slabbing coins.

Love em or hate them slabbed coins are here and becoming more popular, So what is wrong with the idea that they are slabbed by Australian experts for Australians.


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stevo1962's Avatar
Australia
908 Posts
 Posted 11/25/2012  02:39 am  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
I'd even be happy if PCGS or NGC came to Australia
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