Why the big discrepancy?

Started by kchan1111, June 17, 2014, 09:27:41 PM

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serial

Grannybait is a term I use for many nclt coins. From Franklyn mint to the Perth Mint. It doesn't mean I dont buy it or don't like it I just see limited numismatic value in it. I see it as silver/gold bullion with a slight premium and I would suggest you do the same. IMHO anything than proof, specimen or buisness strike circulating currency is grannybait

runway

Wynyard Coins are great so is Prospect Stamps and Coins
Buy what gives you enjoyment

kchan1111

Yeah, Wynyard Coins looks awesome. Prospect Stamps and Coins is a bit far for me though.

How do people amass their collection? Say for Florins, try to get one of every year then gradually upgrade and sell the one's you've already got. Or have a certain minimum grade etc in mind and fill each one by one slowly over time.

stevo1962

I buy most of mine through ebay or from o/seas dealers via the internet and
generally go for the George V coins in the best grade I can afford at the time
although looking seriously at many of the high MS or PR potential early decimal
coins as their value is starting to skyrocket for some of them.Best to get in
while they are cheap
It\'s not about who you know it\'s about what you know

serial

Quote from: 'kchan1111' pid='52976' dateline='1403148612'How do people amass their collection? Say for Florins, try to get one of every year then gradually upgrade and sell the one's you've already got. Or have a certain minimum grade etc in mind and fill each one by one slowly over time.
I have a file of all my best silver pre-decimal coins in year order.
I have one of each year and when I get a better example of a date I move the old one into I another file I have full of florins or sixpences etc which I call my reject storage files
that way I am constantly upgrading my set. I eventually hope to (in many years)have a complete set of unc predecimal silver coins
I don't sell my silver Australian pre-dec coins, ever

others end up living on my desk until the missus cracks it at me and tells me to clean up then they get put away
been a few weeks

robbiegal

Quote from: 'serial' pid='52945' dateline='1403101351'Grannybait is a term I use for many nclt coins. From Franklyn mint to the Perth Mint. It doesn't mean I dont buy it or don't like it I just see limited numismatic value in it. I see it as silver/gold bullion with a slight premium and I would suggest you do the same. IMHO anything than proof, specimen or buisness strike circulating currency is grannybait

but but
nearly all the granny bait are proof issues
that is the part that I don't get?

kchan1111

Quote from: 'serial' pid='52994' dateline='1403158852'
Quote from: 'kchan1111' pid='52976' dateline='1403148612'How do people amass their collection? Say for Florins, try to get one of every year then gradually upgrade and sell the one's you've already got. Or have a certain minimum grade etc in mind and fill each one by one slowly over time.
I have a file of all my best silver pre-decimal coins in year order.
I have one of each year and when I get a better example of a date I move the old one into I another file I have full of florins or sixpences etc which I call my reject storage files
that way I am constantly upgrading my set. I eventually hope to (in many years)have a complete set of unc predecimal silver coins
I don't sell my silver Australian pre-dec coins, ever


others end up living on my desk until the missus cracks it at me and tells me to clean up then they get put away
been a few weeks


That's quite a collection!

This evening I spent I couple of hours watching the live auction room on Numisbid. Tentatively made a few bids on the Florins. Didn't win anything though. But came close winning a 1960 MS65 Florin for $51. Got outbid in the end by just $4.

http://www.numisbid.com.au/Browse/1960_Florin_PCGS_MS65/8859

The proofs were pretty much bang on estimates. For a whole week my $100 bids on a couple of them were winning. But I knew it wouldn't last.

The MS some went for fair a bit lower.

A few went for quite princely sums in the thousands. Woow!

serial

that's just what's on my desk you will get there one day

kchan1111

Very impressive! You must have spent a lot to accumulate so many.

trout

Quote from: 'kchan1111' pid='53077' dateline='1403234703'Very impressive! You must have spent a lot to accumulate so many.

That's the junk you accumulate looking for good coins :angel:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

ausjack

this is the sort of thing that happens when troutoffski empties his pocket after only a week away :angel:
A wise person knows there is something to learn from everyone.

serial

Quote from: 'trout' pid='53078' dateline='1403234844'
Quote from: 'kchan1111' pid='53077' dateline='1403234703'Very impressive! You must have spent a lot to accumulate so many.

That's the junk you accumulate looking for good coins :angel:
sorting that junk got me 15 good coins and a couple of good notes
the buffalo is my handle piece ant the 10/5ozers are just recent buys
so yes trout nailed it on the head.
I will seal this stuff up and store it until I either get desperate for money or the kids are picking through the house to see what their recently deceased nutter dad has hoarded

stevo1962

Quote from: 'serial' pid='53093' dateline='1403239806'I will seal this stuff up and store it until I either get desperate for money or the kids are picking through the house to see what their recently deceased nutter dad has hoarded

Yes serial I suppose we all feel like nutters at times but if we enjoy
it then it is essential to our health
It\'s not about who you know it\'s about what you know

serial

haha you say that now but if I showed you my 1 and 2 cent coin hoard......

stevo1962

Quote from: 'serial' pid='53126' dateline='1403260326'haha you say that now but if I showed you my 1 and 2 cent coin hoard......

It's OK to bite off more than you can chew.Just makes it a challenge
It\'s not about who you know it\'s about what you know