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Everything posted by Sword
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Collecting commemorative coins should be relatively straight forward. The coins are usually sealed and in mint condition and so you don't have to worry about grading. If the coins are not sealed up, then avoid touching the surfaces with your hand as you will leave finger prints. Ebay should be fine if you do your homework and know what the prices should be. Buying from auctions is another option later on. Remember, the original issue price from the Royal Mint tend to be extremely high compare to what it will sell for later on. Hence, don't overpay. I think most modern commemoratives will not increase significantly (if at all) in value over the years and so I think it is wise to allocate a "hobby budget" rather than an "investment budget" unless you are really sure about resale prices. The values of modern commenoratives are often linked to bullion prices. If you were in the armed forces, then you might one day be interested in getting coins that circulated during the times of major wars / battles. E.g. George V coins minted during WW1, George VI coins during WW2 etc. However, you need to have some understanding of grading when buying currency coins. Buying these coins from trusted dealers is often safer than from ebay until you have some experience. Happy collecting.
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Baldwins of St. James's 9
Sword replied to Rob's topic in British Coin Related Discussions & Enquiries
sold by dnw and described as "some minor staining on reverse, otherwise about extremely fine with a hint of original colour Sold by Atlas and graded PCGS MS63BN -
I think he does read the posts on this forum as the grade was changed and extra photos were posted soon after these issues were mentioned here. No change yet in the price though I just don't think there is any point asking for outrageous prices on ebay. It is just wishful thinking and one would only manage to stink up his reputation making as a result.
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The (initial) official CGS policy was to reject coins with even a trace of verdigris. However, later on, they decided to slab and accept rare varieties with even lots of verdigris if the grades are VERY LOW. Why the change of heart? I guess CGS wanted to recognise that such coins can have significant value even with verd. But in reality, I think it was very possible that they bent the rules to accommodate coins being sold at their auctions. The alleged conflict of interest has been mentioned so many times before.
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I am just saying it is not possible to lie about the coin being graded as Fine by CGS if the grade of CGS10 is shown on the CGS photo / label.
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Don't forget one needs to pay £99 to be a LCGS member in order to get CGS photos. And it is quite hard to claim it is graded as fine when the label gives a different grade.
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Penny Acquisition of the week
Sword replied to Paulus's topic in British Coin Related Discussions & Enquiries
Sorry, didn't meant to post it in the penny tread ... -
Penny Acquisition of the week
Sword replied to Paulus's topic in British Coin Related Discussions & Enquiries
Picked up another George V shilling. -
1937 - 1953 proof sets
Sword replied to craigy's topic in British Coin Related Discussions & Enquiries
Might be a lot of people collect crowns and so a frosted crown can sell for a decent price? Hence it might be worth breaking up a set if a the crown is nicely cameo? -
Might be you should tell him not to handle proof coins like that. Could be a good idea if you think you might want to buy from him again in the future.
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Nice coin. But it is a bit off putting to see a proof coin being handled like that.
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But then they were cousins.
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For Sale 1872 victoria gothic florin cgs slabbed 3 of 3 + others
Sword replied to relaxcraft's topic in British Coin Related Discussions & Enquiries
As you say, you are not a collector or expert and so it is probably wise not to insist so strongly on what it is worth. You don’t have to worry about anyone here trying to get you to reduce your price with the intention of picking it up on the cheap. Your coin would not appeal even to a budget collector. The coin you mentioned http://www.predecimal.com/florin-1862-good-rare-p-22431.html is in fact a very rare date. Have a look at the prices this date fetched at auction: http://www.londoncoins.co.uk/?page=Pastresults&searchterm=Florin+1862&category=9&searchtype=1 Your coin is of a very common date. Have a look at the auction prices this date fetched in the past: http://www.londoncoins.co.uk/?page=Pastresults&searchterm=Florin+1872&searchtype=1 Also have a look at this one which is a better date than yours and is of the same variety. It is not a matter of the cleaning removing the “patina”. If you understand coins, the harsh cleaning have left hairlines on the coin making it very uncollectable. Getting it to tone for 25 years won’t make much difference. The hairlines will not go away and will still be obvious to a collector. Finally, I am not certain if you know what 3 of 3 actually means. This mean that yours is the worse example of the three that CGS has graded. The second example 2 of 2 that London Coins was trying to sell was probably CGS grade 75 or 78 (UNC) and cannot be compared to yours. And the £600 was only the asking price and might not be the price achieved. -
Quite nice coins but horrible tones.
Sword replied to Gaz T's topic in British Coin Related Discussions & Enquiries
The crown and double florin looks OK. The black patch on the observe of half crown does look bad. The florin black spots are not quite as bad. If it were me, I would just sell off those two and buy better replacements. Dipping is an option but might or might not work and you will end up with two white coins at best. I suppose acetone is quite harmless but might not work on those spots. If the spots weren't there initially, then I would suggest that the box you used might be somewhat suspect and as those spots are not natural toning. If it is one of those modern "1887 specimen boxes", then I would take the coins out and store them in quadrums / 2x2 / cabinet etc. The felt used in the box might be some inferior material or has some contaminants. -
Great to hear that your Mum's doing well
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Don't encourage fraud guys. Some dumb kid might take this seriously and get himself arrested as a result ...
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"Im not a coin collector ... i dont know anything about coins ..." translates to FAKE FAKE FAKE!
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I think it's "safe" if it is from a poster you are familiar with. I won't even open an e-mail if the title looks dodgy let, alone clicking on any spurious links within.
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What a delightful little coin. A find like that makes all those wet and cold days of detecting worthwhile.
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Sheldon Scale (PCGS & NGC) Vers CGS / Uk Grades
Sword replied to markflorida's topic in Free for all
As has been said several times before, that table (produced by London Coins) is considered by many to be biased in favour of the CGS scale. E.g. I don't think CGS 80 is generally choice UNC or is really equivalent to PCGS / NCG MS64. -
Let's See Your Toned English Milled Silver!
Sword replied to Paulus's topic in British Coin Related Discussions & Enquiries
It's interesting that Latin inscriptions were used for some commonwealth countries like Canada or Australia but English inscriptions were always used for certain colonies like Hong Kong and India. -
Let's See Your Toned English Milled Silver!
Sword replied to Paulus's topic in British Coin Related Discussions & Enquiries
Not quite English though. -
I agree that no sensible collector can possibly be fooled. It's more likely to trap a non-coinie wanting to buy a present for someone.
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Annual membership is £99. Members also receive two vouchers each for £50 one is redeemable of any one off purchase above £50 in the London Coins Auction. The other is redeemable off any purchase from their website where the ticket price is £250 or more. Judging by the inflated prices they charge, the second voucher is worth less than a piece of tissue unfortunately.
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I am rather inclined to think LCGS might not body bag it especially if it is own of their own coins. I am not taking a cheap shot at LCGS but I think one can justify giving a numeric grade in this case. The placement of the mark is very important in my view. A smaller mark on a focal area like the cheek is a lot more distracting than this one which is in the field near the edge.