coinkat

Thanks PWA1967 -Not trying to get anyone upset, I am curious as to whether the rarity of the coin itself or condition rarity would influence the collector decision to use CGS.

PWA1967- Just curious-can you tell us what the coin was or even the coin series and approximate grade? I ask because I am curious if it is more of a condition rarity or just a coin that does not surface frequently. I do not see any harm in asking if the coin can be returned in the event the coin does not meet expectations

Welcome- Interesting comments. Not sure where to start. Collecting has changed significantly over the years. There is a greater emphasis on condition today than there was 40 years ago. Grading is critical for several reasons with the goal being to describe the state of preservation which will help establish a range in the coin's value. TPG has a history dating back to the 1980s with the intended purpose to help with grading and leveling the playing field leading to sight unseen trading. Grading has a subjective component and I do not see how that can be removed from the process. TPG has its place in the hobby even though some collectors reject the idea of coins in slabs. Whether a collector wants to have slabbed coins is a personal choice. Certainly not all coins need to be slabbed as it is just not cost effective. I prefer to buy raw coins, and if I feel the coin is worthy of grading, I can submit it. TPG can help for those coins that have significant price spreads between grades.

Sorry... I misunderstood.

This coin speaks for itself...Would submitting it to CGS really add to the value of the coin to the hammered collector base? I am not trying to be difficult, but there is a risk that slabbing this one may be viewed as more of an unnecessary distraction than an endorsement of a GVF grade.

I like the coin- seems GVF would be reasonable

I looked at the images again. While there are obverse field disturbances to the left of the portrait, the lustre on the reserve looks stunning. I am more inclined to say the coin could bring more than what I initially wrote. So I am revising my estimate to 200 pounds and that still might be on the lite side.

I like your coin. As for the grade, GVF or NEF (British standards) seems okay. Everyone has their ow point of reference on these so I will share mine. The 1891 and 92 Florins are tough in higher grades. I just do not see many MS examples. I think there is somewhat of a disconnect with collectors and a coin such as yours. This date with this look just does not capture the attention it deserves. So this observation may account in part for the catalog value which is higher than how most collectors value the coin. I would tend to believe that this example should easily fetch 120-130 pounds if not more. Catalogs are helpful, however, they are guide with some valuations that are high and others that flat out miss the mark. I would not rely solely on a catalog to value a coin like this. I would consider the surviving population and the chances of finding a better example. Not sure this helps, but hopefully it provides a slightly different perspective worthy of consideration.

In looking at both sets of pictures, I am inclined to withdraw my prior thoughts. I would rather see this one in hand before opining further which clearly is not possible.

While the coin is well struck and has appeal, the real question as to grade will be the severity of the light hairlines. A coin such as this with PL surfaces tend to amplify hairlines so it really boils down to preference and the subjective nature of grading. On the Sheldon scale, I agree that it is MS. However, based on the image it seems that 62 would be my limit on the high side and an unc details grade would be my low. As for CGS- good question and 65 seems reasonable

DNW auctioned an example about 8-9 years ago. A decent coin that had some rim hits.

Greetings from across the Pond: What an interesting forum- thanks to those responsible for making it possible. This will be the first topic I start so in an effort to keep it topical, I will simply ask: How rare is this variety - the grade would likely make a low British EF? I know it is in the older Coincraft catalogs from the1999-2000 time frame, but it does not appear in Spink. Could that be it is just not seen as a compelling variety with little interest? Any thoughts?

Would CGS just confirm it as genuine only? That might be worth exploring

Interesting grades- While the 1902 Half Crown has a compelling strike, the image takes away from the natural look that a Matte Proof should have. The 1906 shilling looks MS- The 1821 shilling has some issues that were pointed out- seems a review in hand might explain the rejection The 6d that graded 60 (CGS-UK) seems reasonable

I suspect it would grade PR62 with a reasonable shot at 63 by US standards depending on whether there are any hairlines in the field. Not sure that makes 80 by UK (CGS) standards. I am not seeing a compelling basis for "field damage" unless CGS questions the color and suspects it is AT.

The US TPG companies that you referenced apply grading standards used in the US. The coin in question here would likely grade VF20 in the US. In the UK, I suspect a good Fine is reasonable. The standards are different in part based on expectations.

Interesting coin. Would a commercial/business strike have rims like the one in the image?