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1954 Florin Grade

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Valued Member
Australia
163 Posts
 Posted 11/25/2012  02:50 am  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply

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


http://www.pcgs.com/guarantee.html

The fee is $25 and is refunded if the coin is downgraded. It is done by PCGS themselves.


Quote:
There are NO Australian TPG's so that is a moot point.

True. But apart from a refund, and I might be wrong here, I don't think raw coin dealers will give you the price difference if they overgraded a coin and you brought it to their attention. As I said, I might be wrong on this.
Pillar of the Community
wwwww's Avatar
Australia
541 Posts
 Posted 11/25/2012  03:02 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply

Quote:
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


Well which aspect of grading do you believe requires specific expertise? You could argue strike does, but all it takes is an illustration of a perfectly struck up coin.

Grading, except in the case of eye appeal, is a definable process, once you understand the process you can grade any coin without experience.

Experience can help you grade coins faster but unless you know everything, this will always trade-off accuracy and thus isn't suitable for TPG services. The only advantage specific expertise can offer PCGS is differentiating strike types (MS,PR,SP), variety attribution and Counterfeit Detection.
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  04:28 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
WWWWW you are missing my point entirely.
illustrations,websites,google etc are helpful But hands on and years of handling coins and dealing in them is by far a better understanding of how to grade a coin is a better option.
I am only a collector and have a basic knowlage of how to grade ( rubbish,OK,not bad. nice,realy nice. beutifull and outstanding)
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wwwww's Avatar
Australia
541 Posts
 Posted 11/25/2012  04:39 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
Of course experience helps, but that wasn't what I interpreted as your point. If that's your point, then PCGS and NGC have more of that than anyone, wouldn't that make them the best graders?
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  04:46 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
wwwww you are missing my point entirely.
I am purely a collector and my personal grading system is .
Rubbish,OK,not bad,nice,really nice,sweet,amazing and outstanding.
Add to this polished,dipped and fake.
Regardless of the grading system used it basically comes down to this for me.
My position is we should have our resident honest collectors/dealers grading our own Australian coins, using the wealth of knowledge they possess to slab Aussie coins.

Crikey why is this so hard to achieve
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 11/25/2012  05:02 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
There needs to be a market for it. At the moment PCGS and NGC can fill the limited demand easily. They are trusted, established companies. It would be a HUGE effort to start an entirely fresh third party grading company in Australia. Its unlikely to happen.
Valued Member
Australia
64 Posts
 Posted 11/25/2012  05:03 am  Show Profile   Bookmark this reply Add ECS to your friends list Get a Link to this Reply
hi all,

i am new here and new to coin collecting but isn't APCGS an Australian TPG? I dont have any experiance with coin grading yet but I am trying to learn.
Valued Member
Australia
163 Posts
 Posted 11/25/2012  05:39 am  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply

Quote:
hi all,

i am new here and new to coin collecting but isn't APCGS an Australian TPG? I dont have any experiance with coin grading yet but I am trying to learn.


Hi there. Welcome!

APCGS has been brought up a few times but I haven't heard of any personal experiences about them.
For Australian coins, if you do decide to purchase a coin graded by a third party, PCGS and NGC are the better options.

Hope you enjoy your stay, and we look forward to your input.
-rob
Edited by rbarat
11/25/2012 05:40 am
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  05:59 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Of course experience helps, but that wasn't what I interpreted as your point. If that's your point, then PCGS and NGC have more of that than anyone, wouldn't that make them the best graders?


NO.
The best scenario would be that the graders are named on the slab instead of hiding behind a corporate identity eg PCGS NGC ICCS etc and they would have to put their own reputation on the line.
I am confident that we have Australian experts in this field that would do this and reap the rewards for doing it.

We will eventually get an Australian TPG, It is just a matter of time and courage for someone to start one up
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/25/2012  06:12 am  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply

Quote:
We will eventually get an Australian TPG, It is just a matter of time and courage for someone to start one up


Looks like we have APCGS in Australia as ECS just mentioned and they've been around for 25 years but their grading system is sightly different to PCGS and NGC.Has anybody seen any of their graded material?
Edited by stevo1962
11/25/2012 06:17 am
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  06:26 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Looks like we have APCGS in Australia as ECS just mentioned and they've been around for 25 years but their grading system is sightly different to PCGS and NGC.Has anybody seen any of their graded material?

I just googled their website up and will be sending in a 4 coins to test the waters
I had no idea that this mob existed.
Lets see what happens
Eveything is MS , this is their grading setup.
MS-1
P
POOR

MS-4
G
GOOD

MS-6
G+
GOOD+

MS-8
VG
VERY GOOD

MS-10
VG+
VERY GOOD+

MS-12
F
FINE

MS-15
F+
FINE+

MS-20
aVF
ALMOST VERY FINE

MS-30
VF
VERY FINE

MS-35
VF+
VERY FINE+

MS-40
aEF
ALMOST EXTREMELY FINE

MS-45
EF
EXTREMELY FINE

MS-47
EF+
EXTREMELY FINE+

MS-53
aUNC
ALMOST UNCIRCULATED

MS-58
aUNC+
ALMOST UNCIRCULATED+

MS-60 (BN)
UNC
UNCIRCULATED (BN = BROWN FOR COPPER COINS)

MS-62 (RBN)
UNC
UNCIRCULATED (RBN = RED/BROWN FOR COPPER COINS)

MS-63 (RD)
UNC
UNCIRCULATED (RD = RED FOR COPPER COINS)

MS-65 (RBN)
chUNC
CHOICE UNCIRCULATED (RBN = RED/BROWN FOR COPPER COINS)

MS-67 (RD)
chUNC
CHOICE UNCIRCULATED (RD = RED FOR COPPER COINS)

MS-70
GEM
GEM UNCIRCULATED - AN EXCEPTIONAL PIECE

Edited by trout1105
11/25/2012 06:32 am
Pillar of the Community
stevo1962's Avatar
Australia
908 Posts
 Posted 11/25/2012  06:49 am  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply

Quote:
I had no idea that this mob existed.


News to me as well Trout and their prices look very reasonable.To correct what I said before they haven't been around for 25 years but their graders have 25 years experience and I'd say that this is the Australian TPG that I had asked about in previous posts
Edited by stevo1962
11/25/2012 07:03 am
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 11/25/2012  08:04 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Theres no way I would send coins to a company which I have never heard of. Unless I heard more about them, who is behind the setup and saw some examples of their work I wouldnt be convinced that theyre not a huge scam company. I read another post on this forum about people in the UK sending coins off for appraisals by a seemingly legitimate company only to have them stolen.
Valued Member
Australia
64 Posts
 Posted 11/25/2012  2:36 pm  Show Profile   Bookmark this reply Add ECS to your friends list Get a Link to this Reply
a quick ASIC search

Name: APCGS
Registration number: BN98602841
State of registration: New South Wales
Registration date: 1/11/2011

Status: Registered
Type: Business Names
Principal place of business:
Regulator: Office of Fair Trading, New South Wales
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 11/25/2012  4:31 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Theres no way I would send coins to a company which I have never heard of. Unless I heard more about them, who is behind the setup and saw some examples of their work I wouldnt be convinced that theyre not a huge scam company. I read another post on this forum about people in the UK sending coins off for appraisals by a seemingly legitimate company only to have them stolen.


i will send 4 coins in for grading with this mob, Just to see how they turn out.
I'll make sure they are MS or at least AU55, They will be coins that if they go "Missing" it won't break my heart.

If this company IS genuine and grades fairly and accurately then we WILL have an Aussie TPG
I will post the coins here so that we can all grade them before I announce the grade on the slab.
I think that is the fairest way of finding out how good they are
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