Next Maccas Book

[Bigfellani5]

Will do for $9.00

[interest]

has anybody received their book via snail mail yet?

[purplepennyhunter]

I saw them in the Jeweller come coin shop and resisted for now. So far I have heard of a lot of mistakes and overwrites of previous mistakes that were fixed and got un-fixed.
I am also very surprised Greg hasn't joined us here. Does he even have much contact with the real world? As far as I am concerned, the people here, the coin shops and the people at shows are the real coin world and that's what determines the prices.

[trout]

I am also very surprised Greg hasn't joined us here. Does he even have much contact with the real world? As far as I am concerned, the people here, the coin shops and the people at shows are the real coin world and that's what determines the prices.

I agree that the pricing of coins IS determined by the market and 99.99% of the values in maccas and renniks books are pretty fanciful.
However, it's the difference in the pricing of coins of the same type (eg florins) that make these publications a worthwhile addition to our reference library.
I am pretty certain that if we actually paid for our coins at the “book “price our collections would be a whole lot smaller than they are.
In reality 99.99% of my coins didn’t cost me what the “books” value them at and I am most certainly not under the false assumption that they will realise the “book” price if I ever had to liquidate my collections.

I would certainly welcome Gregg’s input into this forum. I would love to pick his brain and garner some of his insight and knowledge on coins and at the same time he could gain some invaluable information as to what the real market is paying for the coins in his publication from the members here that are actively in the market and buying coins on a regular basis.

[enworb]

I got my copy in the mail. If i had advice to offer it would be that if you already have the 2012 issue and you dont collect non government issued banknotes then dont bother. 64 of the new pages are for private bank notes issues. Slap a couple bucks on predecimal prices and dont bother changing the decimal prices much at all and youll have yourself a similar price to the new book.

[robbiegal]

I am also very surprised Greg hasn't joined us here. Does he even have much contact with the real world? As far as I am concerned, the people here, the coin shops and the people at shows are the real coin world and that's what determines the prices.

I agree that the pricing of coins IS determined by the market and 99.99% of the values in maccas and renniks books are pretty fanciful.
However, it's the difference in the pricing of coins of the same type (eg florins) that make these publications a worthwhile addition to our reference library.
I am pretty certain that if we actually paid for our coins at the “book “price our collections would be a whole lot smaller than they are.
In reality 99.99% of my coins didn’t cost me what the “books” value them at and I am most certainly not under the false assumption that they will realise the “book” price if I ever had to liquidate my collections.

I would certainly welcome Gregg’s input into this forum. I would love to pick his brain and garner some of his insight and knowledge on coins and at the same time he could gain some invaluable information as to what the real market is paying for the coins in his publication from the members here that are actively in the market and buying coins on a regular basis.

Hello.  My understanding is that the general market values are drawn from auction house hammer prices with markets such as e-bay not really being factored into the prices? My dealer certainly uses auction prices for his valuation purposes. The PCGS market also throws a spanner in the works as a more common but rare in a particular PCGS grade and colour coin can command a very high price. If those prices were then included in general valuations, well, the domino effect would be extradordinary.

[interest]

has anybody received their book via snail mail yet?

Received today

[trout]

has anybody received their book via snail mail yet?

Received today

Not yet, still waiting.

[Bigfellani5]

I am also very surprised Greg hasn't joined us here. Does he even have much contact with the real world? As far as I am concerned, the people here, the coin shops and the people at shows are the real coin world and that's what determines the prices.

I agree that the pricing of coins IS determined by the market and 99.99% of the values in maccas and renniks books are pretty fanciful.
However, it's the difference in the pricing of coins of the same type (eg florins) that make these publications a worthwhile addition to our reference library.
I am pretty certain that if we actually paid for our coins at the “book “price our collections would be a whole lot smaller than they are.
In reality 99.99% of my coins didn’t cost me what the “books” value them at and I am most certainly not under the false assumption that they will realise the “book” price if I ever had to liquidate my collections.

I would certainly welcome Gregg’s input into this forum. I would love to pick his brain and garner some of his insight and knowledge on coins and at the same time he could gain some invaluable information as to what the real market is paying for the coins in his publication from the members here that are actively in the market and buying coins on a regular basis.

Hello.  My understanding is that the general market values are drawn from auction house hammer prices with markets such as e-bay not really being factored into the prices? My dealer certainly uses auction prices for his valuation purposes. The PCGS market also throws a spanner in the works as a more common but rare in a particular PCGS grade and colour coin can command a very high price. If those prices were then included in general valuations, well, the domino effect would be extradordinary.

You have to ignore pcgs sales as who can deprecate the coin value and the value of an American telling you what the grade of a coin is using a non australian standard. You also have to ignore eBay on quality items as nobody pays what it is worth because of the rip off factor that eBay chooses to ignore. You can only place confidence in real auctions. This means Greg may have a lot of high grade predecimals and sob closer to the mark but there is little change to the work of fiction with decimal nclt

[Nevol]

My book arrived by mail today from Shane. :yahoo:

[MobOfRoos]

I've got my book and studied it.

For coin collectors nothing much has changed. All the values are pretty much the same, it still has a few typos, the 1977 10c mintage is still wrong and the "year of the family" wide date spiel is still wrong.

For banknote collectors however there have been major changes. Most obvious is the section devoted to private banknote issues. There is some interesting historical information here especially about the 1893 GFC (the more things change the more they stay the same) but only a tiny portion of the market would actually have any of these banknotes as the cheapest is still in the $10,000s.

The regular banknote prices have also been greatly reduced. The pre decimal, star notes and specimen notes have in some cases had many thousands of dollars removed from their book value. Regular decimal and polymer notes have mostly been unaffected by this pricing realignment.

[Mister T]

the "year of the family" wide date spiel is still wrong.

Do you know what is correct then, because I recall reading different things in different books and from circulation finds, neither the wide of narrow dates seem excessively rare.

[Nevol]

Judging by the numbers of wide vs narrow that I used to find in circulation, the wide would only account for about 10% or less of the total minted, so logic would indicate the wide should be higher in price.

I don't know about the Sets and PNC issues though, never bought enough of them to make comparisons.   :winkextra:

[Bigfellani5]

My book arrived by mail today from Shane. :yahoo:

Glad it arrived safely. Thought it would have arrived before Xmas... Thought I express posted it.

[interest]

Just noticed that on page 499 there is only the obverse of the fifty dollar note.
I have gone back through the last four books & it's the same in all books.
Funny how this has not been picked up before