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Everything posted by Rob
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It has long been a moot point. As a rule of thumb, I think you need to view proofs as things that are better than specimens and struck from highly polished dies. In the case of the 1937 sets, it may just be that they used the word specimen as in 'an example of' because this is the only year (I think) that this phrase is used. The 1935 crowns were issued in presentation cases alongside a general issue from the banks. The mintage of over 700,000 tells us that most can't have been boxed, otherwise we would be surrounded by empty boxes. Those in the boxes were presumably produced as a specific run using a fresh die pair, but are inferior to genuine proofs. If you look at the Victorian era cons, you have the same arguments trotted out where the Heaton mint bronzes from the 1870s have long been contentious. It is not questioned that they are a superior product, but when compared against a known proof they fall slightly short resulting in some such as Freeman calling them proofs while others condemn them as not being so. Somewhere on here is an image of a currency, common year proof and VIP proof shilling alongside each other for comparison. If someone can find it please linkify, o/w I'll have to repost it. Ta.
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According to Withers, that is S1699 and N1331b. However, with Spink dividing R2 halfpennies into 4 references and Withers only using 2 of these (1698 & 1699) in the edition I have, it is necessary to do a bit of interpretation. Withers types 2, 3 4 & 5 aren't given a Spink ref. but do note that many have fishtail serifs which would imply S1700. The fishtails are also noted with type 1, but not 1B, 1C, 1D or 4(late). Types 2 onwards are noted as having a number of lettering styles which presumably equates to S1700A's short, stubby letters. There is no sub-division in Withers to take account of letter styles. Spink list 4 types and Withers 9, so it isn't surprising that there are conflicts.
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You used to have to rely on the quoted grades. That was the main reason I decided to start selling because I felt I was sending too many things back due to overgrading and could do a better job. As for your 4 pictures, not knowing the coin in hand I don't know which gives the truest representation. Too my eye it is probably the one with the black background, though this can give the effect of brightening the coin based on my results and others I've seen.
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Not knowing how to make a picture that flatters, it is fair to say that the coin always looks better in hand. Taking consistently good images is a black art and one which I wish I could master.
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Thank you.
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Scone you illiterate b****r. How you pronounce it is another matter.
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I have no idea where the term VIP first appeared, but would suggest it has long been in general use to describe those years where only a handful of sets were made (i.e excludes 1937, 1953 etc). I agree regarding the cameo effect as being merely a state of the die which subsequently degrades and suggest it could also apply to a regular common year set. There are undoubtedly special commemorative boxes even for the common proof years implying that these would likely go to the same sort of recipient as in the rare proof years given their rarity. I think it is yet another triumph of marketing over common sense. I look at a proof to see if it is nicely frosted or not, look at it closely for any reason to mark it down and then adjust the price accordingly. The number on the slab has no bearing on the price because an ex-slabbed coin (which it would inevitably become) loses any premium attached to the plastic. Edit to add - 'Ere. Who's that 7jaguars bloke.
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Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
No, I think you are reading too much into it. I've never heard of anyone complain they were deemed unacceptable. Business doesn't work like that. You may not like a particular customer as a person, but their money is the same as anyone else's, no better, no worse. I'm sure they would be more than happy to take £1500 from you. -
Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
New order with everything moving over to SG on the Strand? -
Based in the financial district around Canary Wharf. Talks about investments. Says it all. More akin to wheeling and dealing on the stock exchange than taking a genuine interest in collecting as a hobby.
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Welcome to the forum. I've got plenty of singles across the two denominations if you need any, proofs and BUs. Your anorak could have been nicked by any one of a number of very dubious forum members,
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Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
I've had that before a few times when signing up for the first time with an auctioneer. I just assumed it was normal. I was asked when I signed up for Spink whilst Spink Live was dysfunctional and there would clearly not have been a problem if I went directly to them. Maybe the questions are an optional extra that the saleroom offer, or maybe they use it to verify the card would be ok up to a certain amount. Maybe it is random as I was also asked when I signed up for St. James's on a previous occasion. I can see that they would want to eliminate time wasters because you can't re-run a lot after the event if room bidders came second and a few background checks never did any business harm. -
Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
That's a standard reply from the saleroom when you sign up. -
Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
'for issue' is not hyperbole, rather hyperbol*ocks I've never had a problem with best knowns being only fair or whatever, but the marketing machine insists on the use of for issue. This is best described as polishing a turd - something well within the competence of the typical marketing department, though to a large extent this problem is a case of the market satisfying demand. Until collectors have a realistic handle on the limited numbers of uncirculated pieces and the relative lack of abundance of high grade coins in general, the market will call them what the customer demands. Uncirculated coins make up a tiny fraction of one per cent of the total number of coins available, so the sooner collectors take this on board the better. It would also improve the market for not quite there pieces if grading standards were consistently applied. -
Civil War Coinage....extraordinary.
Rob replied to Danelaw's topic in British Coin Related Discussions & Enquiries
Why are people taken in by such offerings. Nobody would sell a piece of silver with a price measured in tens of thousands starting at £850. People that have these things know what they are and have a good idea about the market price. If you don't have a clue what it is you would start it at 99p. More to the point, you would sell it through a reputable auction company, not ebay. Ebay wouldn't do due diligence and conveniently absolve themselves of any responsibility. This inaction commanding a fee of nearly 15%. Quite frankly, if anyone gets taken in by such nonsense then they have only themselves to blame. Even an outlay of £850 isn't something you do just because someone starts at that price. There is only so much you can do to protect the gullible. -
Criteria depend on which hat I'm wearing. For the collection, firstly does it tick a box? Second depends on the eye appeal and if a well documented series, does the example in question feature high on the list in terms of quality in comparison to other available pieces? Or if not previously known to me, is it comparable? I like to make purchases with a view to never requiring an upgrade. For the business there is only one criteria - do I think I can make money on it?
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Penny Model 1 error (extra E)
Rob replied to Dutchgreener's topic in British Coin Related Discussions & Enquiries
Who's a lucky boy then. Peck 2092A. Rare, though a couple on this forum have one. e.g. http://www.predecimal.com/forum/topic/8822-model-pennies/?hl=penney#entry104511 A bit of filler info. Made by Joseph Moore, a Birmingham die sinker in the mid-1800s to be considered as a proposed alternative to the existing heavy copper coinage. It was popular with people, but not adopted, so that the Royal Mint had to publicly disown them. -
With the exception of a handful of people, we all suffer the same dilemma
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Ok as far as wear and damage goes, but clearly dipped as alluded to.
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What should I expect to pay for coins in my wish-list?
Rob replied to HeavyT's topic in Beginners area
Nope, I make them too........................3 yesterday according to the missus