1954 Florin

[Rastis]

G'day,
         It seems to me this Florin would struggle to make the MS63 grade.

http://www.ebay.com.au/itm/1954-florin-pcgs-ms63-/131334703472?pt=AU_Coins2&hash=item1e94288970

[stevo1962]

G'day,
         It seems to me this Florin would struggle to make the MS63 grade.

http://www.ebay.com.au/itm/1954-florin-pcgs-ms63-/131334703472?pt=AU_Coins2&hash=item1e94288970

Doesn't look to have any problems.Maybe a couple of bag marks but
that is allowable so the grading is probably fair

[autocoupler]

An ordinary coin IMHO. What's that nestled in the lap of the Roo, some kind of die flaw?

This is an example where slabbed coins can be just as dodgy as raw ones. As far as I'm concerned there are lots of liberties taken by sellers of slabbed coins, the most anoying one for me is this increasingly ingrained assumption that they are worth more just because they are entombed in plastic.

You hear it said often, buy the coin not the slab, how true that is. Just because a coin is in a slab, there's no gaurantee it's a superior example, and must be judged on it's merits, just as you would when buying any coin whether it be slabbed or raw.

I think it's a bit rich that proponents of Third Party Graders tend to place this system on some sort of pedistall as being the friend and champion of the uninformed. Never should we allow our thinking to be influenced in this way, just as we shouldn't allow traders of raw coins to command a similar influence.

When I first got serious about the hobby, one of the first things I learnt was American grading was at least one full grade inferior the the Australian adjectival system, and nothing has changed to alter this opinion.

In my opinion, the sheldon grades can be very confusing and misleading for people who have aligned themselves with the Australian way of grading. Anything denoting VF or XF immediately conjures up notions Very Fine or Extra Fine in the adjectival system, but buyer beware. To be honset, I've seen grades such as MS63, 64 attributed to various slabbed coins, but in my humble opinion are just every day UNC.

There are people in the slabbing industry making big money, just as earlier traders did, particularly before the internet. There's no doubt the big winners this time around are the Third Party Graders who happily rake in large sums from collectors, just for the privelidge of having the TPG's grade and slad the coins that they have searched and on occasions paid handsomely for, in the hope of inferred higher future gains.      

I'm probably sounding anti slab, but that couldn't be further from the truth. I'm just pro a fair system, whatever that system may be. One thing is for sure, we haven't found it yet.

OK, that's my rant for the day done with.

[Fordprefect]

G'day,
         It seems to me this Florin would struggle to make the MS63 grade.
http://www.ebay.com.au/itm/1954-florin-pcgs-ms63-/131334703472?pt=AU_Coins2&hash=item1e94288970

Well that's not possible as it is in a recognised TPG slab.
It's Unc not a pretty Unc but technically Unc.

[serial]

Actually I would wonder how much you could put down to his photography skills. I looked at his other adds and the pcgs pics and I think he just takes really bad photographs. This is when tpg come into their own as you can buy a coin knowing it is a certain grade and view consistant quality pictures of the raw coin on their website despite the sellers lack of marketing ability. We just need pcgs to get their act together on their secure pics 1st!

[robbiegal]

this one looked nice ... but
http://www.ebay.com.au/itm/1962-Y-Australian-Half-Penny-PCGS-Graded-MS64RD-Choice-Uncirculated-1-2d-RED/281473879342?_trksid=p2052191.m2338#ht_414wt_1127

[echidna]

this one looked nice ... but
http://www.ebay.com.au/itm/1962-Y-Australian-Half-Penny-PCGS-Graded-MS64RD-Choice-Uncirculated-1-2d-RED/281473879342?_trksid=p2052191.m2338#ht_414wt_1127

That green stuff will get worse I reckon.

[robbiegal]

true, not so sure about the 'second finest' statement as well - i.e. just what that means
I have one and I think there was about 6 or so when I last looked

[autocoupler]

this one looked nice ... but
http://www.ebay.com.au/itm/1962-Y-Australian-Half-Penny-PCGS-Graded-MS64RD-Choice-Uncirculated-1-2d-RED/281473879342?_trksid=p2052191.m2338#ht_414wt_1127

Wow....a green butterfly on the Roos tail. And look, it left deposits with the Queen :mocking: :angel:

[robbiegal]

G'day,
         It seems to me this Florin would struggle to make the MS63 grade.
http://www.ebay.com.au/itm/1954-florin-pcgs-ms63-/131334703472?pt=AU_Coins2&hash=item1e94288970

Well that's not possible as it is in a recognised TPG slab.
It's Unc not a pretty Unc but technically Unc.

i'd suspect that scratch across QEII cheek is what downgraded it to 63
the black stuff looks just like that to me - maybe some surface blackening that you get on the silver coins

[nealeffendi]

I have seen 2 respectable sellers here (might have been PP and Drake) in the past few months  have 2 coins of the same year, same denomination and even same PCGS MS grade listed at the same time but with differing prices. The differing prices can only be explained by the cheaper coin being less attractive and/or because the 2 coins represent the top and bottom of that particular grade.
I'll bet that MS63 florin only just scraped into MS63, it doesn't have the eye appeal to make MS62+ so even if it is technically MS63 it should be priced at little more than a MS62.
I'll pass.

[wwwww]

There's nothing wrong with the eye appeal of that RV florin, it's just photographed using uniform light. This makes it look dull.

[runway]

RE-http://www.ebay.com.au/itm/1962-Y-Australian-Half-Penny-PCGS-Graded-MS64RD-Choice-Uncirculated-1-2d-RED/281473879342?_trksid=p2052191.m2338#ht_414wt_1127
Seller states this
1. Checked to ensure they haven't been cleaned / altered.
2. Certified as genuine.
3. Professional graded using the highly based on the sheldon system giving an extremely accurate grade.
4. Grades are guaranteed for life.
5. The coin is protected from being damaged or marked which can greatly affect their value.
6. Enables for far easier resale, if you ever upgrade or need to sell your the coin it is much easier to sell when it has been professionaly cased and graded enabling you to achieve a sale price true to its actual value.

$360 for such a common coin with problems ... no thanks and some people like this seller believe slabbed = value added,in this case it is making a joke of slabs
http://www.ebay.com.au/itm/1943D-Australian-Threepence-3d-Coin-NGC-Graded-Slabbed-MS65-Gem-Unc-Nice-/271661175416?pt=AU_Coins2&hash=item3f40449278
Who is NGC slabbers?

[robbiegal]

I kind of wonder if PCGS will slab a coin with a spot if they think the spot will sit idle
I guess it is a pity when the spot decides to become active
the 1962 halfp is a very nice coin - just a little spoilt by the spot

[nealeffendi]

I kind of wonder if PCGS will slab a coin with a spot if they think the spot will sit idle
I guess it is a pity when the spot decides to become active
the 1962 halfp is a very nice coin - just a little spoilt by the spot

About 6 months back I saw 3 1920 pennies in PCGS slabs on eBay, all around AU50 and all had active looking corrosion. I passed on even low bidding as I would have either watched them deteriorate further or cracked them out to try to save them. No thanks.