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 Replies: 11 / Views: 4,010 |
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New Member
United States
20 Posts |
Hey all,
Just after some opinions here. Aussie PCGS slabbed decimal coins graded as PR70 from the 1980's, worthwhile holding onto or selling? I purchased a few a while back at good prices with the intention of selling, but not sure if they would be worth holding onto? They seem to be selling well now, but my thinking is the longer you leave it the higher chance there is that more will become available. Is this thinking correct?
Any advice would be greatly appreciated!!
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Pillar of the Community
United States
6478 Posts |
Quote:
They seem to be selling well now, but my thinking is the longer you leave it the higher chance there is that more will become available. Is this thinking correct? Possibly. If you like the coins, keep them, if they don't really add to your collection then you should sell them. That is if you need the money. I never sell coins. |
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Pillar of the Community
Australia
7096 Posts |
Getting a MS/PR/SP 70 grade is "tough" in any year and regardless of the mintage these coins graded at 70 are a rarity.
But now that PCGS/NGC are becoming accepted in Australia and more collectors are submitting coins , the numbers of these 70 grade coins can only increase .
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Valued Member
Australia
222 Posts |
The number of 70s can increase, but your coin will never be surpassed in grade.
Proofs from the 2000s onward will be attainable in PR70, but earlier proofs are somewhat difficult.
Edited by Eric
06/23/2015 07:46 am
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Pillar of the Community
Australia
7096 Posts |
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New Member
 United States
20 Posts |
Nice one Trout! A 1c that early in PR70 should have a nice price tag attached to it. In regards to pricing, I sold a few of mine recently and got some good prices for them. It's hard to tell with the PR70 market though. You could try putting it on an online auction and see how you go, if you're looking to sell. I'm sure it would have a lot of interest! Keep me updated  |
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Pillar of the Community
Australia
7096 Posts |
It is with Walter Eigner to be auctioned on Numisbid But it isn't listed yet and he hasn't put a reserve figure on it yet. The 10 cent coin is listed and has a reserve put at $2300-$3100 Either way it will be interesting to watch the hammer fall on these  |
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New Member
United States
20 Posts |
That's where I sold mine - seems the best for these type coins.
I'll follow them too, will be interesting to see the reserve and what the hammer price is.
Were both of those from the same proof set? You hit jackpot there!
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Pillar of the Community
Australia
7096 Posts |
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Were both of those from the same proof set? You hit jackpot there! I went through 16 sets to find those two. Most of the coins had tiny carbon spots on them especially the copper coins and would grade at PR68-PR69 at best. I selected 6 coins out of all these sets, 1 of each denomination. 4 came back PR69DC and 2 made it to 70. Here is the PCGS image of the 50c coin I sent in , I missed the 2 tiny spots on the roos hip and if I had spotted these I wouldn't have sent it. If it wasn't for these tiny spots this should have made it to PR70DC  This still made it to PR69DC and is a really nice coin but I was hunting for 70's   |
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New Member
United States
20 Posts |
I don't want to risk it with the couple of proofs I have - I need to study it a lot more to find out what exactly guarantees a PR70. That's still pretty good odds - and hopefully very profitable from the work you put in  Still a nice coin in that grade. I think getting a PR70 early 50c is going to be really tough, considering 1980 is the first PR70 currently graded and that went for over $4k from memory. Maybe that is something to start focusing on more... Those true view images look stunning, PCGS do a great job with them. |
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Pillar of the Community
Australia
7096 Posts |
Quote:
I think getting a PR70 early 50c is going to be really tough Being such a large coin and having a non reeded edge there is a lot of area to cover with these coins. Even a coin with a perfect obverse/reverse can have a tiny blemish on the "third side" and be dropped a grade. Quote:
Those true view images look stunning, PCGS do a great job with them.  At $5 a pop they are fantastic value for money |
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New Member
United States
20 Posts |
Hmm maybe I'll leave it to the professionals for now  The only true view I've done so far was for my 1981 no SD 2c in MS63RD as below. Exact representation of coin and very impressed. Will definitely get them done again!  |
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Replies: 11 / Views: 4,010 |
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Posted 06/22/2015 7:28 pm
