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 Replies: 12 / Views: 2,712 |
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Pillar of the Community
Australia
1006 Posts |
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Valued Member
Australia
191 Posts |
Can't speak to the sovereigns but the 1934-35 florin is the only one worth thinking about getting graded in my opinion. It looks like it could grade MS63 but there is a bit of wear on the horses head and tail which could indicate a lower grade. Pre-decimal coins which grade VF-30-AU53 are better off being sold raw than in slabs in my opinion.
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Pillar of the Community
Australia
4411 Posts |
If youre not going to sell them any time soon then there is no point spending all that money getting them graded.
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Valued Member
Australia
222 Posts |
Both the sovs look to be either AU55 or AU58, assuming they're not cleaned or have other ungradable problems.
The Centenary looks MS, the 1915s all AU or perhaps XF at worst.
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Pillar of the Community
Australia
539 Posts |
I would have said good xf to au on the 1915's
except for the florin, as the picture lacks detail on the band, but it seems a picture issue not coin issue, can you take a better picture of it?
I would get them to look at the 34 as it looks real good.
and if you have it slabbed then it will store better so slab away imho
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Pillar of the Community
Australia
539 Posts |
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Pillar of the Community
Australia
541 Posts |
Quote:
Can't speak to the sovereigns but the 1934-35 florin is the only one worth thinking about getting graded in my opinion. It looks like it could grade MS63 but there is a bit of wear on the horses head and tail which could indicate a lower grade. Pre-decimal coins which grade VF-30-AU53 are better off being sold raw than in slabs in my opinion. You're probably right from an financial perspective but sending coins to PCGS is a great way to learn to grade especially if they're your own coins. As oh_my_florin is new to collecting, I think this'll be beneficial for him regardless of whether it is profitable or not. When you buy raw coins it's difficult to learn to grade as everyone has different standards and when you buy slabbed coins it's not difficult to become lazy and not bother to learn to grade; But when you buy raw coins and get them slabbed, you learn very quickly about grading and detecting problem coins. |
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Valued Member
Australia
163 Posts |
If I send a coin over and it grades well, I just call it beginners luck  OMF, If you come to Petersham coin fair on Sunday, I'll be running the Drake Sterling stand, and I can pass those to Eric when he returns from overseas for review and submission to PCGS if you like. -rob |
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Pillar of the Community
United States
5825 Posts |
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If youre not going to sell them any time soon then there is no point spending all that money getting them graded. I disagree. If they are going to remain in your collection then the cost of submitting them to a TPG is not merited (except for insurance purposes). BUTIt's when you are going to sell them that submitting coins to a TPG is most important. You answer three questions when you submit a coin to a RESPECTED TPG: In order of importance: 1. Is it authentic? 2. Has it been cleaned/altered? 3. What does it grade? Having those answers documented in the form of a slab makes potential buyers much more comfortable and willing to pay more. A second consideration is the cost of submission vs. the value of the coin. I work on the 10% rule. If the cost of submission (and don't forget S&H) is less than 10% of your perceived value of the coin then submission makes sense. IMO this means most coins have to be worth at least $300, more if their value is higher than the basic submission category. Under $200 selling raw coins is okay. It's the $200-300 range that is sort of a toss-up. |
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Rest in Peace
United States
4078 Posts |
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When you buy raw coins it's difficult to learn to grade as everyone has different standards and when you buy slabbed coins it's not difficult to become lazy and not bother to learn to grade; But when you buy raw coins and get them slabbed, you learn very quickly about grading and detecting problem coins.  You can also buy slobberd coins and still get a wrong grade. |
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Valued Member
Australia
222 Posts |
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Pillar of the Community
Australia
7096 Posts |
Quote:
When you buy raw coins it's difficult to learn to grade as everyone has different standards and when you buy slabbed coins it's not difficult to become lazy and not bother to learn to grade; But when you buy raw coins and get them slabbed, you learn very quickly about grading and detecting problem coins. Don't be shocked but I have sent a coin away to be graded. I will find out all about it in another couple of months |
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Pillar of the Community
Australia
1040 Posts |
Quote:You answer three questions when you submit a coin to a RESPECTED TPG: In order of importance: 1. Is it authentic? 2. Has it been cleaned/altered? 3. What does it grade? These days I think there should be 5 questions... 1. Is it authentic. 2. Are you sure its genuine. 3. Better check again & get off my butt and weigh it just to be sure. 4.Cleaned/Altered. 5.Grading. My thoughts... |
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Replies: 12 / Views: 2,712 |
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Posted 09/23/2013 05:13 am
