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Everything posted by Rob
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Silver book - Davies or Groom?!
Rob replied to Cerbera100's topic in British Coin Related Discussions & Enquiries
That's exactly what I thought, Declan. It's not a fully like for like comparison. I too would like the option of both. It's horses for courses. Unless you have a book which covers the same period and the same type of material, you will inevitably find that both are required. There is no one volume that will do everything for everybody unless you are prepared to have something the size of the Encyclopedia Britannica and more importantly pay for it. When many people refuse to pay £20 for a book, the chances of them paying hundreds isn't worth the effort contemplating. And whatever format is employed or depth of detail included, it still probably won't satisfy most collectors being too much or too little. All publications are equally valid. -
A little Buying/Selling survey
Rob replied to SionGilbey's topic in British Coin Related Discussions & Enquiries
To only list things that have a reasonable chance of selling, thereby filtering out a huge amount of dross. Ban anything where you can't identify the variety. Place a cap on the number of items of any one type listed at a time. No way of enforcing any of the above though, so we are stuck with having to plough through the mountains of crap to find that coin in Fine. Better still, search dealers' sites where the crap isn't listed. That goes in the 10p bin. -
How much literature do members have and use?
Rob replied to Rob's topic in British Coin Related Discussions & Enquiries
You mean he uses hs where he should be using ns. -
Unfortunately, many Germans seem to be obsessed with cleaning their coins in this manner.
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Oliver Cromwell Half Crown
Rob replied to HHenry's topic in British Coin Related Discussions & Enquiries
Please post a picture, so we can look at it. Thanks. -
It's a good job ebay don't impose the same demands as this vendor, otherwise we wouldn't have a thread worth the name. link. Black pots and kettles spring to mind.
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Welcome to the forum. At least you have set yourself a target that is easy to achieve in top grade. You could even do a set for the year you were born as long as it isn't 1923, 1933 (unless you are very wealthy) or 1934. Make sure you only collect uncirculated pieces in top grade with full lustre as they are readily available and the world is awash with lesser grade material from the 20th century. Tread carefully if using ebay and if you are near a monthly coin fair, pay it a visit to get a feel for what is available.
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If it stays like that for any length of time, even the lesser crap will look good. RESIST at all costs - there is a world outside ebay.
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Charles I Shilling but which Spink number?
Rob replied to azda's topic in British Coin Related Discussions & Enquiries
No you didn't, you had volume 2 (covers 1272-1662) - the later one with Charles 1st in it which was what you wanted. -
A couple more to ID please
Rob replied to Richard2's topic in British Coin Related Discussions & Enquiries
They aren't quatrefoils but cinquefoils. I haven't a clue, sorry. A fuller flan might have given us a clue with an inscription. -
Edward VII Half Crown 1903 Query
Rob replied to a topic in British Coin Related Discussions & Enquiries
The real demand is at the top end. Bottom end things are extremely volatile in reality with the highest price to grade inevitably paid on ebay. I would have thought you could pick up a fair 03 for say £30-40 in a dealer's tray and an 04 for £20-25. The 05 will probably be on ebay or another auction venue and not in the tray. In the case of the first two, you are unlikely to be run over in a stampede however. -
Edward VII Half Crown 1903 Query
Rob replied to a topic in British Coin Related Discussions & Enquiries
Leave aside coins produced since the last war as really modern things are only valuable as collectables in UNC due to the overhang of material available. If there is no value given, you can use a rule of thumb extrapolation which has held for many years until recently since when the top end has taken off. For readily available pieces, generally speaking an increase of one grade meant that the price approximately doubled. Obviously this isn't a hard and fast rule, but if you didn't have a clue was a reasonable guess. The last couple of years has seen an UNC coin stretch the top end to a factor of 3 or 4 compared to EF in quite a lot of cases. When you are looking at low grade coins, the value will frequently be somewhere around melt with the obvious exceptions of things such as the 1903-5 halfcrowns, 1905 shillings etc where they are at least scarce in any grade and will always find a buyer with a premium to melt. Demand always outstrips supply and so the prices as shown listed get stretched. However, there is also a point where the lack of detail becomes a problem as desirability also includes a bit of aesthetics and not just the number on the back. At this point you have to decide what you can live with and what you are prepared to pay. A price of £50 for a presentable low grade piece is probably not far wide of the mark, so the tripling of values in the example shown would likely be ok for a downwards extrapolation. In the end it's all down to supply and demand, and the 1903 is definitely in demand. -
Charles I Shilling but which Spink number?
Rob replied to azda's topic in British Coin Related Discussions & Enquiries
It's a Briot second milled issue 1/-. S2859. PM sent re a North. -
And for completion's sake, the reverses.
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Euro's and £? Although it would appear a tad expensive. Not unless the seller has lost his senses. October 1689 is a cheap date for the issue. I don't have any halfcrowns, but below are clearer images of the various busts employed on the large & small 1/-s and the 6d. The large size 2/6d is closest to the 6d and the small one nearest the small 1/- but with more hair to the front of the truncation.
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The gunmoney pieces are interesting insofar as the 2/6d, 1/- and 6d are the only issues to have both the month and year inscribed. They all have the same basic style with detail differences, though the flan size varies being reduced from April 1690 on the 2/6d and 1/-. I don't know what 400 (316) refers to.
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Did anyone win anything at today's Spink sale?
Rob replied to Rob's topic in British Coin Related Discussions & Enquiries
Correct on the first point and yes there are on the second. -
Did anyone win anything at today's Spink sale?
Rob posted a topic in British Coin Related Discussions & Enquiries
As the title says. I only won 1 token. Most things were were going way over an already toppy estimate; frequently double, and that was before adding in 24% premium. I don't know who was paying these amounts, but just about everything was going for way in excess of what dealers could realistically hope to sell them on for even without a mark-up, so it had to be individuals with deep pockets and a large surplus of capital. Probably the biggest hike was the P&M shilling in gVF, lot 152. Estimate £2000-2500, realised £10K + prem (£12400). Even the humble Edward I Newcastle halfpenny in VF lot 67, which I was hoping to get, made £400 + Premium compared to a book VF price of £150. Crazy prices, but I guess there's always tomorrow to look forward to. -
1654 Commonwealth Halfcrown.
Rob replied to azda's topic in British Coin Related Discussions & Enquiries
I doubt he's going to like the fact he has it down as a HC and maybe himself has paid out HC cash, i would affer him 125 euros but i don't think he'll take such a steep drop in price unfortunately. No harm in asking. But it's worth more than 125 euros though, even as a shilling. -
Ironically, if it has come out of a 1973 proof set it may in fact be one of the few modern rainbow toned coins that are not AT. The sets for that year inevitably contain toned coins because something in the plastic case or the holder leaches out. The never handled by human hands may also apply as the seller purports to operate a zoo judging by the name.
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Did anyone win anything at today's Spink sale?
Rob replied to Rob's topic in British Coin Related Discussions & Enquiries
The low to mid range pieces made Spink book up to say 25% extra. The problem is the gulf between the also rans and the better pieces. The P&M shilling in the above post sold for £10K hammer to someone from the city. On the following page in the catalogue there was half a dozen P&M shillings all around the fine mark which made a couple hundred each or so. Those will probably go onto ebay where they will make their money plus a bit, but if the gulf between Fine and good VF is 10K for a grade and a half how are people going to trade up? If 6 shillings in fine equals about 10% of a gVF, that's a huge difference. The top of the market is striding forwards, but as always there is a surfeit of low to middle grade coins relative to the number of collectors. The market will never run out of lower grade material apart from a few known rarities, so only ebay produces stellar returns for crap where the uninitiated pay over the top for a trace of detail. Go to a dealer's table at a coin fair and there is inevitably plenty of choice, as long as you don't want really nice pieces. -
1654 Commonwealth Halfcrown.
Rob replied to azda's topic in British Coin Related Discussions & Enquiries
The price is about right for a halfcrown - but it isn't. XII is twelve pence. Half crowns have II VI. -
1654 Commonwealth Halfcrown.
Rob replied to azda's topic in British Coin Related Discussions & Enquiries
You're not sure about denominations either, it's a shilling. Good fine with a striking split. Weak in parts, better in others. It depends on the condition of the bits we can't see. It looks like it is probably 4/3, so ESC 991 depending on the obverse. -
Did anyone win anything at today's Spink sale?
Rob replied to Rob's topic in British Coin Related Discussions & Enquiries
Apparently, there are a few city people wanting to spend money, not to mention arabs and Americans etc. Every single one of us has to live within a budget, it's just the 0.001 % of collectors whose limit is not in danger of being reached who push the prices up on the desirable pieces. If you have a few million to spend this week, 20 or 30 thousand is neither here nor there. If two are in the same room bidding against each other, it doesn't matter whether the price is £2K, £5K or £10K. And when the time comes to sell, some will go for less than paid and some for more, but the actual number is unlikely to be important in the overall picture of that individual's wealth. -
Did anyone win anything at today's Spink sale?
Rob replied to Rob's topic in British Coin Related Discussions & Enquiries
1918KN penny opened at £950. Even though it had visible signs of friction in the catalogue image, that's £1178 including premium compared to a Spink 2011 UNC price of £1100 which is allegedly for no wear and full lustre. It closed at £1000 (£1240). Gothic crown lot 679 made £4200 (£5208). Proof sets, the 1826 made £34000 (£42160), the 1887 £10K (£12400), the 1893 £17K (£21080), the 1911 £4800 (£5952), 1937 gold £4K (£4960). The 1865 Minton pattern penny made £2600 (£3224) and finally the 1714 prince elector guinea hammered at £12K (£14880) against a book price in EF of £5750.