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How To Truly Understand The Basics Of KGV Coins?

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Valued Member
Australia
145 Posts
 Posted 05/22/2018  10:41 pm  Show Profile   Bookmark this reply Add serenitystan to your friends list Get a Link to this Reply
Hi Scarlett, DO NOT BUY Australian VF-EF or A/U KGV pennies because its all junk except for a few rarities. Save your hard earned and buy only PCGS MS65RD-MS64RD-MS65RB-MS64RB.
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 05/23/2018  07:04 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Perhaps that is a somewhat 'out on the end of a limb' collecting strategy. It would take the best part of a lifetime to build a complete condition matched date set of Australian Pennies in MS64+.

What you collect will be determined by what you like, and what your budget allows. Lots of collectors choose coin collecting for fun, and need to spend almost all of their financial resources elsewhere.

Even after 50+ years, I am still a 'fun' collector.
For me, I don't collect slabbed coins, and would much prefer to grade for myself.

There are investment collectors out there; I meet up with some of them at public auction view days. Most of them that I know have their mortgages paid off, and now have some significant money to spend.
New Member
Scarlett's Avatar
Australia
14 Posts
 Posted 05/23/2018  08:43 am  Show Profile   Bookmark this reply Add Scarlett to your friends list Get a Link to this Reply
Over the last few days I realised most common pennies are not worth much in $$ value but it's good to have a set to look at and appreciate the history.

Thanks for the headsup. I'll have to save more 'play $' to Slowly upgrade for better coins later on. PCGS are almost a guarantee for me not to make a mistake in grading.

I am a hobby collector - started with the colourful $2 Anzac coins.
So I will be around to do more learning! It's great to see everyone's collection and learn from your experiences.

It's a fascinating world out here!
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