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Messages - MobOfRoos

#1
Australian Pre-Decimal Coins / RE: Fake PCGS slab?
September 30, 2018, 12:42:00 PM
Quote from: 'nealeffendi' pid='116873' dateline='1538276416'There may be a good reason that they misspelled Australia such as character limits (they abbreviate many things). PCGS lookup shows it to be the right grade and year .


The first time I tried the certificate number it came up with an error. It works now though so it would seem not to be a fake.
I guess it must be an early generation holder because it looks quite amateurish.
#2
Australian Pre-Decimal Coins / Fake PCGS slab?
September 30, 2018, 11:48:46 AM
Whilst browsing the lots in the latest Status International Auction I came across lot 5816

http://www.statusint.com/result_coins.php?id=39

Surely this is a fake slab. They even spelt "Australia" wrong.
It also begs the question of how this get into a major Auction houses catalogue?
#3
Books and Publications / RE: 22nd EDITION - HELP PLEASE
February 21, 2015, 12:41:09 PM
Quote from: 'Greg McDonald' pid='67321' dateline='1424405737'In particular I'd like suggestions where you think that the prices are out of whack.


Hi Greg,

My major interest is in bank notes and in particular 90s polymers.
It seems to me that notes that are rare in UNC are given a similar rare weighting when it comes to the lower grades, but this isn't always the case. Take the VG95 $50 for example. In UNC it is very hard to find and the $4000 quoted in the catalog is fair enough. In the lower grades however it is very common and on any given day there are half a dozen of them selling on eBay and they sell for less than $100. So I think the catalog prices of $260 for F and $725 for VF are way off.
Other notes that are rare in UNC but very common in lower grades are $100 CF98, AN96 and CS96. $50 DA96. My feeling is that the prices of the lower grades for these notes should be reduced.

Looking forward to buying edition 22 when it comes out
#4
Quote from: 'markn' pid='33819' dateline='1384042586'But the great coins in a collection?  You owe it to yourself and your descendants to do it.

I am sure their will be many changes to certified coins in the 30 to 40 years that I have left before I drop off the perch. We've already seen the introduction of the "+" designation. Who knows what other changes will happen in the next 40 years. My guess is that there will be a computer program that will scan a coin and give it a grading.

So in short, I will be waiting 30 years or so before I worry about slabbing my coins. I'm not going to go through all the hassle and expense now. and then have to do it all over again in 30 years.
#5
Quote from: 'purplepennyhunter' pid='33823' dateline='1384043825'That MS68 must be a bloody nice coin though. I'd have it and sit on it and love it dearly.

I stand to be corrected here as I am no expert on slabbed coins but it seems to me that it is easier to get high grades in the smaller coins.

I have seen a few MS68 5c from the 1970s, I've even seen an MS69 5c from the 2000s.
With 20c and 50c from the 1970s however the highest I have seen is MS67.
#6
Quote from: 'Goldseeker' pid='33809' dateline='1384038687'I can't see why thjis particular coin is rated so highly.   What is an UNC one worth?

According to Maccas an UNC is $35
The reason that this coin is so highly rated is that up until 2009 over 4 billion 5c have been minted. That makes the 1972 mintage of 8 million comparatively small. Also only a fraction of the 8 million mintage would have survived 40 years.

Quote from: 'markn' pid='33811' dateline='1384039244'If I did have the money to spend on that coin or a mangy 1930 penny for $10k I'd take the 5c every time.  Quality will always be quality.

I guess that is where peoples collecting styles differ. There is no right or wrong but my own preference would be the mangy 1930 penny. I can get a presentable 1972 5c for $30 or so. Whereas the only cheap 1930 penny you can get is from China :whistle2:
#7
Quote from: 'markn' pid='33803' dateline='1384037426'Eric  has a nice 1972 5c coin for sale right now if you want a great one.

Wow, $525 for a 5c piece. I think I'll stick to the mint sets.

But even $7 for a circulated 1972 5c. That still represents 140x face value. That makes it second only to the $1 mule.
#8
Recently I read through a few of my old scrap books and found a couple of interesting articles from around the time that the $2 coin was released.

QuoteThe Treasurer Mr Keating said the size of the $2 coin was chosen to put some "rhyme and reason" back into the coinage. "This is a coin which will be used a lot and rather than carrying around great weight and quantity in the pocket or purse we went for the smaller coin, and we'll try and grade that into the denominations of the currency over time"

So it would seem that the size of the $2 coin was intended as the forerunner of smaller coins which never eventuated.

Soon after its release there was this article

QuoteShopkeepers, Old people, the blind and consumers complain that it is too small, and too much like a five cent coin, a two cent coin or a $1 coin. Shopkeepers say that it is so hard to distinguish from others that they are worried about short changing customers, and themselves. Consumers want to keep their $2 notes, but many shops are running low because banks are no longer handing them out.

I guess we've got used to them now
#9
Quote from: 'Enlilninlil' pid='33622' dateline='1383795795'but 8 million is a big mintage, with that in mind might as well get the lower mintage NZ coinage.

I've found maybe half a dozen while noodling. The mintage may be 8 million but compared to all the 5c minted from 1966 - 2013 it is a small number so they are hard to find.

Also the 5c is a small, low value coin. I would imagine that only a fraction of the original mintage has survived to the present day.

I haven't seen the prices lately but circulated examples of 1972 5c used to sell for around $7 each on eBay.
#10
Chin Wag / RE: US map labeled by an Australian
November 03, 2013, 12:48:13 PM
I do find it kind of ironic to have Americans accusing another nation of not knowing anything beyond it's own borders.

:taunt:
#11
Australian Banknotes / RE: Sequential Number runs $50
October 24, 2013, 09:25:21 PM
Quote from: 'Cruzi' pid='32078' dateline='1382574454'My brother has found 2 runs of sequential $50 notes.

Both are 2010,

Prefix CJ has a run of 10

Prefix CM has a run of 15

They seem new to him, they are still pretty rigid he says.

Are these worth much over face, its it worthwhile breaking into smaller lots or keeping the sequence whole.

Thanks in Advance.

Hi Cruzi,
Unfortunately they really arn't worth anything over face value.
It is quite common to get them that way out of an ATM. In fact I'm guessing that is how your brother got them.

From what I have seen consecutive notes only really add value when they are predecimals.
#12
Quote from: 'markn' pid='31556' dateline='1382219192'I went to the show yesterday expecting a lot and was disappointed.  There were no international coin dealers in attendance other than John Eccles from New Zealand who comes every year to the ANDA shows anyway.  The international "dealers" who were there were not dealers, they were purveyors of bullion and NCLT and other such stuff.

Plus the venue was stupidly hard to find and poorly signed.  The actual stadium was hard to miss, where in the stadium the show was being held was much more difficult.

Agreed. It was really just an ANDA show with the Canadian and Royal Mints there. Not very "international" at all.

I also found it difficult to locate. Did a complete lap of the stadium before having to backtrack to find the entrance.

Still I did buy a UK and Canadian Mint set plus a few other things
#13
Chin Wag / RE: Coin Sayings
October 13, 2013, 12:50:22 PM
gold coin donation
#14
New Coin Releases / RE: 2013 AFL $1 Premiers Coins
October 13, 2013, 10:54:27 AM
Being a Hawthorn supporter I am interested in getting some souvenirs.... :fans:

But $115 for a 1 ounce silver coin ?????? :huh:
#15
Coin Chit Chat / RE: Have You Been An Ebay Loser Today?
October 12, 2013, 01:08:12 PM
Quote from: 'Goldseeker' pid='30643' dateline='1381542514'I trust that the price of Mules will increase substantially as I have 26 of them in various grades etc and they are forming part of my "self controlled" super scheme.

I wouldn't bank on it Goldseeker. From the sound of things there are lots of people sitting on hoards of them. They will gradually find their way onto the market.