Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Pre-Decimal Coins => Topic started by: stevo1962 on July 01, 2013, 09:08:39 AM

Title: Is this coin worth buying?
Post by: stevo1962 on July 01, 2013, 09:08:39 AM
Need help with this one as it has a flaw on the obverse on the left hand side of the king's robe.It's an uncirculated coin but is it worth buying with the flaw and how much would you pay?

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Title: RE: Is this coin worth buying?
Post by: Mister T on July 01, 2013, 10:12:16 AM
I don't really keep my finger on the pulse but are UNC 1935 pennies hard to source? If not I'd probably wait for something nicer, but if it's a bargain then I might consider it.
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 01, 2013, 10:17:31 AM
Quote from: 'Mister T' pid='20056' dateline='1372639336'I don't really keep my finger on the pulse but are UNC 1935 pennies hard to source? If not I'd probably wait for something nicer, but if it's a bargain then I might consider it.

Not a difficult year as such but could probably pick it up for about $55
Title: RE: Is this coin worth buying?
Post by: echidna on July 01, 2013, 10:28:40 AM
I would not pay more than $60.
Would be OK at that price.
That seller grades quite conservatively.
And even undergrades sometimes.
He has a nice 12 shilling by the way.
I reckon its a bargain.
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 01, 2013, 10:38:34 AM
Quote from: 'echidna' pid='20058' dateline='1372640320'I would not pay more than $60.
Would be OK at that price.
That seller grades quite conservatively.
And even undergrades sometimes.
He has a nice 12 shilling by the way.
I reckon its a bargain.

Yeah might let this one go as I cant tell whether it's damage or a flaw
Title: RE: Is this coin worth buying?
Post by: Fulvio on July 01, 2013, 02:11:32 PM
Quote from: 'stevo1962' pid='20059' dateline='1372640914'Yeah might let this one go as I cant tell whether it's damage or a flaw

Flaw. See the shadows from the overhang?
I'd see it as adding value, but I'd also be asking for better detail shots.
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 01, 2013, 02:40:01 PM
Quote from: 'Fulvio' pid='20084' dateline='1372653692'
Quote from: 'stevo1962' pid='20059' dateline='1372640914'Yeah might let this one go as I cant tell whether it's damage or a flaw

Flaw. See the shadows from the overhang?
I'd see it as adding value, but I'd also be asking for better detail shots.

Walter said it was a flaw as well,I suppose it is pretty cheap at $60
Title: RE: Is this coin worth buying?
Post by: Fulvio on July 01, 2013, 11:31:17 PM
I presume you've seen that $295 one?
http://www.ebay.com.au/itm/Australia-1935-Penny-Lustrous-UNC-/160985513031?pt=AU_Coins2&hash=item257b7bfc47&_uhb=1

So yeah, $60 is OK if its really UNC.
My major concern would be that cancer near the date, and whether its been arrested. Sure there are no better pics available?
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 02, 2013, 07:12:12 AM
Quote from: 'Fulvio' pid='20124' dateline='1372687277'I presume you've seen that $295 one?
http://www.ebay.com.au/itm/Australia-1935-Penny-Lustrous-UNC-/160985513031?pt=AU_Coins2&hash=item257b7bfc47&_uhb=1

So yeah, $60 is OK if its really UNC.
My major concern would be that cancer near the date, and whether its been arrested. Sure there are no better pics available?

I ended up buying it for $58 including postage.I am hoping that mark is an oil stain or something that will come off with a touch of acetone.It doesnt look like cancer but I'd guess the worst scenario would probably be a stain
Title: RE: Is this coin worth buying?
Post by: Mister T on July 02, 2013, 08:49:10 AM
I think you did okay for $58. I would have been tempted.
Title: RE: Is this coin worth buying?
Post by: Basil on July 02, 2013, 09:35:04 AM
Yeah,nice coin & fair price,only thing IMO is the high mintage years are slow to resell so the purchase is mainly for a personal collection.
Title: RE: Is this coin worth buying?
Post by: enworb on July 02, 2013, 09:42:43 AM
I would have got it for that price Steve. Nice pick up.
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 02, 2013, 09:56:20 AM
Quote from: 'Basil' pid='20138' dateline='1372723504'Yeah,nice coin & fair price,only thing IMO is the high mintage years are slow to resell so the purchase is mainly for a personal collection.

Yes fairly common Basil but not at that price.I usually just buy to hold so hopefully I'll pick up some earlier coins as well along the way

Quote from: 'enworb' pid='20139' dateline='1372723963'I would have got it for that price Steve. Nice pick up.

Keep your eye on that seller as he has some great coins and will accept the occasional offer
Title: RE: Is this coin worth buying?
Post by: enworb on July 02, 2013, 01:53:54 PM
Who is the seller mate?
Title: RE: Is this coin worth buying?
Post by: stevo1962 on July 02, 2013, 02:00:19 PM
Quote from: 'enworb' pid='20147' dateline='1372739034'Who is the seller mate?

   http://www.quicksales.com.au/user/user_detail.aspx?user=bjmcoins