Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Pre-Decimal Coins => Topic started by: 5 rubles on March 23, 2015, 01:29:18 PM

Title: Pre decimal proofs
Post by: 5 rubles on March 23, 2015, 01:29:18 PM
I remember reading from somewhere that the pre decimal proofs had a special rim to separate them from the UNCs. Is that correct and does anyone have any pictures?

Now that I will dump collecting $1 coins because it has become just too heavy and so many varieties such as the alphabet coins that are just simple madness going overboard. I get off the train at this station, not interesting any more.

so I checked my Florins and I have quite a few of the cheaper ones in UNC or even GEM condition. I will continue that collection now. My question is, most of the ones I do not have are quite valuable, even in the thousands according to McDonald's book. do you generally pay that price or do you get them for much less? and how does that work if one day you want to sell them, are they in any way a reasonable investment or should I buy ASX shares? I am not experienced in buying and selling Florins.
Title: RE: Pre decimal proofs
Post by: dcoin on March 23, 2015, 04:23:50 PM
Collect what you enjoy and if you make a profit out of it consider that a bonus.

If you obtain coins for investment that is not collecting by definition and you will not enjoy the hobby/collecting regardless of the financial outcome when you choose to sell.
Title: RE: Pre decimal proofs
Post by: 5 rubles on March 23, 2015, 05:21:30 PM
Ahh, that's where the enjoyment comes in dcoin, i collect something and see my collection increase in value and sell it one day and perhaps start again. But I guess we are all different. I like precious metals such as gold and silver so Florins fits my criteria perfectly and they are beautiful to hold.
Title: RE: Pre decimal proofs
Post by: Mister T on March 28, 2015, 12:04:58 PM
My understanding is that proofs tend to have flatter/squarer rims because they are struck multiple times/with more pressure but I don't think it was a deliberate choice to make them have different rims from regular coins. I wouldn't be relying on the rims alone to classify a coin as proof anyway.

Nice early florins are expensive. The only way to get the rare ones cheap is to settle for very used examples.
Title: RE: Pre decimal proofs
Post by: robbiegal on March 28, 2015, 08:57:07 PM
Quote from: 'Mister T' pid='69750' dateline='1427506498'My understanding is that proofs tend to have flatter/squarer rims because they are struck multiple times/with more pressure but I don't think it was a deliberate choice to make them have different rims from regular coins. I wouldn't be relying on the rims alone to classify a coin as proof anyway.

Nice early florins are expensive. The only way to get the rare ones cheap is to settle for very used examples.
"The only way to get the rare ones cheap is to settle for very used examples."
or rip off little old ladies when they sell you the deceased husband's coin collection ......
Title: RE: Pre decimal proofs
Post by: 5 rubles on April 01, 2015, 09:32:15 AM
Quote from: 'robbiegal' pid='69761' dateline='1427538427'
"The only way to get the rare ones cheap is to settle for very used examples."
or rip off little old ladies when they sell you the deceased husband's coin collection ......
[/quote]

We wouldn't rip off anyone, we just find a bargain too good to refuse.
Title: RE: Pre decimal proofs
Post by: robbiegal on April 01, 2015, 06:51:18 PM
nah
maybe 'we' wouldn't but I have seen little old ladies being ripped off a lot

sometime people meet their greed and not their need