Canberra Florins

r9453 · March 18, 2016, 11:46:32 AM

Quote from: 'trout' pid='85761' dateline='1458259697'OK
Lets get back to Canberra florins Guys :angel:

Fair enough, good luck, fingers crossed. If your coin makes the grade will it be unique in that regard? :cool:

trout · March 18, 2016, 12:11:42 PM

Quote from: 'r9453' pid='85763' dateline='1458263792'
Quote from: 'trout' pid='85761' dateline='1458259697'OK
Lets get back to Canberra florins Guys :angel:

Fair enough, good luck, fingers crossed. If your coin makes the grade will it be unique in that regard? :cool:

Yes they called it at proof like as a pedigree so i cant see why they cant grade it as such .

trout · March 18, 2016, 11:39:39 PM

There are 455 coins graded at MS, 13 at PR and zero graded PL.
If my coin does get a PL grade after "reconsideration" it will be the only one so far .

r9453 · March 19, 2016, 04:40:42 AM

Quote from: 'trout' pid='85786' dateline='1458306579'There are 455 coins graded at MS, 13 at PR and zero graded PL.

Isn't that because PL is not a grade, rather its a surface designation?
http://www.pcgs.com/grades/

trout · March 19, 2016, 08:59:36 AM

Quote from: 'r9453' pid='85788' dateline='1458324642'
Quote from: 'trout' pid='85786' dateline='1458306579'There are 455 coins graded at MS, 13 at PR and zero graded PL.
Isn't that because PL is not a grade, rather its a surface designation?
http://www.pcgs.com/grades/

Neither MS,PR,PL or SP are grades, the grade is the number after the prefix.
As far as I am aware the prefix are used to describe the coin type and its appearance .

trout · March 19, 2016, 10:30:13 AM

No result yet from PCGS :dash1:
I hope I don't get charged the "Express" rate as this coin has been with PCGS since the 4/3/16 and it doesn't seem to be being expedited .
Maybe I will get a result next week.

trout · March 21, 2016, 07:44:48 AM

I have just finished my usual hunt through the eBay listings of the Canberra Florins on offer.
Nothing there to really interest me except of course a beautiful Proof coin that is WAY above my pay grade.
I did notice that 99.99% of all the "Raw" and graded coins are priced ridiculously high for what these coins would sell for at auction, or am I missing something here?
One of the listings for a MS61 coin for nearly $700 amused me greatly and most of the raw coins dealer graded at Unc looked pretty ordinary and a large percentage of them have been cleaned, this is probably why they are not in a slab.

Compared to 5-6 years ago it is getting pretty "Tough" to find a decent coin at a reasonable price on eBay as of late.

Basil · March 21, 2016, 10:36:54 AM

Its just a game as far as i'm concerned,put a $100 coin in a slab and suddenly its worth $400+,i know with all the fakes its a 'security blanket' for the average collector but Dealers are milking the insecurity to the last cent.Like the Stock Market i'm sure there will be a correction down the track so we get back to realistic prices.My 2c.

trout · March 21, 2016, 10:59:59 AM

Quote from: 'Basil' pid='85873' dateline='1458518814'Its just a game as far as i'm concerned,put a $100 coin in a slab and suddenly its worth $400+,i know with all the fakes its a 'security blanket' for the average collector but Dealers are milking the insecurity to the last cent.Like the Stock Market i'm sure there will be a correction down the track so we get back to realistic prices.My 2c.

It could quite easily go the other way as well and a $400 raw coin purchase put into a slab and all of a sudden it becomes a $50 coin or worse a "Melt" value coin.
This is probably the most likely scenario with the majority of raw coins I saw on offer today

Regardless of anyone's views of PCGS graded coins, at least you will get exactly what you pay for when you buy one and not some "Dodgy" or ill informed grade some dealer puts on the coin :angel:

stevo1962 · March 21, 2016, 12:06:34 PM

Quote from: 'trout' pid='85874' dateline='1458520199'
Quote from: 'Basil' pid='85873' dateline='1458518814'Its just a game as far as i'm concerned,put a $100 coin in a slab and suddenly its worth $400+,i know with all the fakes its a 'security blanket' for the average collector but Dealers are milking the insecurity to the last cent.Like the Stock Market i'm sure there will be a correction down the track so we get back to realistic prices.My 2c.

It could quite easily go the other way as well and a $400 raw coin purchase put into a slab and all of a sudden it becomes a $50 coin or worse a "Melt" value coin.
This is probably the most likely scenario with the majority of raw coins I saw on offer today
Regardless of anyone's views of PCGS graded coins, at least you will get exactly what you pay for when you buy one and not some "Dodgy" or ill informed grade some dealer puts on the coin :angel:

It's happening more and more with raw coin sales in the larger auction houses around the country and you have to be on your guard while internet bidding.I think my worst result was buying a raw 1917 threepence graded uncirculated which came back from PCGS AU58 and there is a big price difference.It's a good way for these auctionhouses to make extra money from people who are bidding online.

autocoupler · March 21, 2016, 02:34:34 PM

Quote from: 'stevo1962' pid='85877' dateline='1458524194'It's happening more and more with raw coin sales in the larger auction houses around the country and you have to be on your guard while internet bidding.

I will no longer place an internet bid at the high end of what I think a coin is worth. I think all my recent wins at one auction house were at my top bid; this particular auction house states that they will manage the bidding so an item will only sell at one increment above the underbidder.

So I'm supposed to believe my top bid was one increment above the underbidder for these wins :dodgy:

Basil · March 21, 2016, 10:29:03 PM

Quote from: 'autocoupler' pid='85885' dateline='1458533074'
Quote from: 'stevo1962' pid='85877' dateline='1458524194'It's happening more and more with raw coin sales in the larger auction houses around the country and you have to be on your guard while internet bidding.

I will no longer place an internet bid at the high end of what I think a coin is worth. I think all my recent wins at one auction house were at my top bid; this particular auction house states that they will manage the bidding so an item will only sell at one increment above the underbidder.

So I'm supposed to believe my top bid was one increment above the underbidder for these wins :dodgy:

Stating the obvious but Internet Auctions are very easy to manipulate,all it takes is several Accts. under the control of the Auctioneer/Owner and human nature being what it is they will buy low and sell high.
Ebay is still the fairest if you keep you guard up and make a list of the reliable/honest sellers but is still buyer beware.My2c again.

trout · March 23, 2016, 07:47:13 AM

I have finally got the results back from PCGS for my "Reconsideration" submission for my Proof Like Coin, it took them 19 days.
No Change, still in the MS63 holder

Ah well, it was worth a shot anyway.

Basil · March 23, 2016, 09:38:40 AM

Its probaly gone to the same guy Jim,don't they have a dedicated/specialist section for Oz. & NZ coins?

trout · March 23, 2016, 06:12:30 PM

Quote from: 'Basil' pid='85967' dateline='1458688120'Its probaly gone to the same guy Jim,don't they have a dedicated/specialist section for Oz. & NZ coins?

You are probably right Mate, although a coin is supposed to go through at least 2 graders but having 2 graders expert in Aussie coins is a big ask for a US Firm.

http://www.pcgs.com/cert/13503733