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 Replies: 17 / Views: 3,695 |
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Pillar of the Community
Australia
1006 Posts |
Anyone been on the jaggards website lately cause they have an absolute beauty of a 1910 florin its graded Choice Uncirculated+ and being sold for $8750 but just looking at it will hurt your wallet http://www.jaggards.com.au/shop/vie...categoryid=3By the way I have been looking for a 1915 or 1932 florin in very fine can someone give me a sort of guideline price that I should be expecting to pay for them? Thanks in advance Edited by oh my florin
02/16/2013 05:58 am
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Pillar of the Community
Australia
7096 Posts |
At that sort of money I could probably get a proof Canberra florin  the 1932 and 1915 florins at VF are valued at $500 and $210 respectively (Bluesheet) I will stick to my cruddy old fine 1910 coin  |
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Pillar of the Community
 Australia
1006 Posts |
Really! far out my 2011 mcdonalds guide puts them at 1450 and 780? Just asking whats the retail price?
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Pillar of the Community
Australia
7096 Posts |
The "blue sheet" is run by Walter Eigner and is a pretty true indicator of the market price that you will get for any given coin.
Greg's book's values are what the coin is actually worth but in reality nobody wants to pay full book price on a coin.
The retail prices are on the grey sheet and they are a bit lower than the blue sheet (as to be expected).
I use Greg McDonald's guide and the Blue Sheet guide and am happy to pay for a coin I want/need between the to figures ( or better still below blue sheet), It depends on the day and how many bidders are against you.
I hope this helps and hasn't totally confused you
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Bedrock of the Community
Australia
21786 Posts |
I think that the Jaggard's coin is slightly over graded.
Hard to see in the pictures, but I suspect some slight scuffing on the high points of the emu's feathers.
It is not one of the earliest strikes, either.
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Pillar of the Community
Australia
541 Posts |
Quote:
At that sort of money I could probably get a proof Canberra florin
the 1932 and 1915 florins at VF are valued at $500 and $210 respectively (Bluesheet)
I will stick to my cruddy old fine 1910 coin Quote:
Really! far out my 2011 mcdonalds guide puts them at 1450 and 780? Just asking whats the retail price? Also keep in mind that those Blue Sheet values are for a PCGS VF20, which is roughly equivalent to an Australian Fine. |
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Pillar of the Community
Australia
1006 Posts |
okay I understand now:D But I am still clueless as to were to get them for that price? is this at auction, ebay or at a dealer that I can expect to pay 500 and 210 for these coins? |
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Pillar of the Community
Australia
541 Posts |
The price represents the cheapest you can expect to buy a certified coin in that grade retail. You can expect to pay a bit more for a coin with reasonable eye appeal or other distinguishing characteristics. The Blue Sheet prices are set at a small premium above auction realisations.
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Pillar of the Community
Australia
7096 Posts |
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The price represents the cheapest you can expect to buy a certified coin in that grade retail Walter is talking purely about "slabbed" coins and not "Raw" coins. These coins CAN be found "raw" at a much lower cost (Where do you think the slabbed coins came from in the first place). The best and most cost effective way of buying these 2 coins RAW is to see them in hand or only deal with an ebay seller or dealer that you have FULL confidence in. Buying these coins in slabbed form does give you confidence that they are "Genuine" but IMHO the grading is all over the place at the higher end of the spectrum. Most of the graders are NOT Australian experts and our coins are "Dark side" to them. The best way to judge these coins is "in hand" and have a digital scale with you. If you are not adept in grading and knowing how to spot a fake then the Slabbed option is probably the way to go But you WILL be paying a premium for this option/service. Education and due diligence is the KEY with high value coin purchases. YES I have and do still get "Shafted" every now and then with my raw coin Internet purchases but I don't have the luxury of having a local coin dealer/dealer's and the Internet is my ONLY avenue of acquiring the coins I desire. It's entirely up to you to choose which way you go about acquiring the coins you desire. If you have the expertise and the knowledge then get . them "Raw" and save yourself a bundle of cash. If you have any doubts whatsoever about your ability to grade and authenticate a high value coin, Then buy it in a slab and pay for the privilege of the authentication. |
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Pillar of the Community
Australia
1006 Posts |
Okay the coins in question I have posted in the grading section so if anyone can help it would be greatly appreciated. Thanks
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Pillar of the Community
Australia
541 Posts |
There isn't really a premium realised for slabbed coins at the lower end of the spectrum. Dealers often ask for a premium thinking they can get away with convincing new buyers that a VF20 is an Aussie VF but at auction such premiums are rarely realised.
The premium slabbed coins carry is generally proportional to the benefits of slabbing. E.g. an MS68 threepence will sell considerably more than a raw "FDC" threepence of the same date as a single missed mark would result in the coin being worth a small fraction of an MS68, so people happily pay for the confidence the PCGS grading gives.
A 1915 florin however would not carry much of a premium (if any at all) around the F-VF range because it is much easier for new collectors to grade and if it has been cleaned, there won't be too much of an effect on the value. Therefore the PCGS grading would offer collectors very little benefit for such a coin and thus they aren't likely to pay much of a premium for a certified example.
An exception to this is that commonly counterfeited coins (e.g. 1923 half pennies, 1925 pennies, etc) tend to carry premiums when slabbed as the certification also offers assurances on the coin's authenticity.
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Pillar of the Community
Australia
7096 Posts |
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There isn't really a premium realised for slabbed coins at the lower end of the spectrum. Dealers often ask for a premium thinking they can get away with convincing new buyers that a VF20 is an Aussie VF but at auction such premiums are rarely realised.
I personally cannot understand why on earth anyone would want to spend the time and money to get any coin under MS grade slabbed (Unless it is a rarer type). It makes NO sense to me at all. However with the rarer types and the High grade coins (MS63 and up) It has become clearly apparent to me that this IS a good idea IF you are going to put the coin on the market. |
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Pillar of the Community
Australia
541 Posts |
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I personally cannot understand why on earth anyone would want to spend the time and money to get any coin under MS grade slabbed (Unless it is a rarer type).
It makes NO sense to me at all.
However with the rarer types and the High grade coins (MS63 and up) It has become clearly apparent to me that this IS a good idea IF you are going to put the coin on the market. You're right it doesn't, but have a look at the pop charts, not many low grade coins get slabbed. |
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Pillar of the Community
Australia
7096 Posts |
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You're right it doesn't, but have a look at the pop charts, not many low grade coins get slabbed.
I would imagine that most of these are mistake or simply "Hopefull" submissions by collectors that haven't quite managed to grasp the basics of coin grading yet.  |
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Pillar of the Community
Australia
750 Posts |
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Pillar of the Community
Australia
7096 Posts |
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Replies: 17 / Views: 3,695 |
Posted 02/16/2013 06:40 am
