Complete Pre Decimal Coin Collection

ausjack · May 24, 2016, 10:45:06 PM

:swoon: Gee KC that's sad

Oh McDuck you've done it again :laugh2:

JeffH · May 25, 2016, 04:23:10 AM

I had a look at the Downies offering and thought that it would be nice to have but purchasing that is not what collecting is about. Collecting is what the previous owner did. The new owner will be investing, presumably with the hope that the collection will appreciate.
I would not be surprised if the choice items eventually end up being sold separately and the residue sold for, maybe, only hundreds of dollars -we will likely never know.

Basil · May 25, 2016, 09:20:32 AM

Quote from: 'JeffH' pid='89146' dateline='1464115990'I would not be surprised if the choice items eventually end up being sold separately and the residue sold for, maybe, only hundreds of dollars -we will likely never know.

Yep,but you could put together a great set for that sort of money,$5000 each for a slabbed 23 & 21,$10,000-$20,000 for a 1930.
Aimed at Kerry Packer types(i can't spell Rinehart) that have one look and throw them in a safe.

trout · May 25, 2016, 09:38:26 AM

I imagine that this is a set of pretty average coins, Just like Mine except I don't have the 23,30, 21/22 coins.
I would love to flog my set off for big bucks and Start Over, Now that would be FUN.
Getting coins one or even a few at a time when I can afford it or when they become available is where the enjoyment comes into it for me because at the end of the day there is a real sense of accomplishment and pride at what I have managed to achieve.
They may not be the best set in the world or even close to it But the set is MY set and that's what it is all about as far as I am concerned.
Buying a "Ready Made" set for me is pretty much like wearing a dead mans suit :ok:

autocoupler · May 25, 2016, 10:06:09 AM

Not exactly sure about this, but just say the big three plus other key dates amounted to $26,000. Is the rest of the collection worth $16,000?

Have now fully read the spiel and answered my own question. It surely must be, as they urge an early order :angel:

trout · May 25, 2016, 10:13:02 AM

Quote from: 'autocoupler' pid='89157' dateline='1464136569'Not exactly sure about this, but just say the big three plus other key dates amounted to $26,000. Is the rest of the collection worth $16,000?

Probably not.

kchan1111 · May 25, 2016, 01:08:48 PM

Quote from: 'JeffH' pid='89146' dateline='1464115990'I would not be surprised if the choice items eventually end up being sold separately and the residue sold for, maybe, only hundreds of dollars -we will likely never know.

I suspect Downies would have picked through the whole collection and if there is more money to be made selling off each one separately they would have done so. Most likely their have priced each one, added up the total of their retail values and then slapped a "convenience" margin on top.

interest · May 25, 2016, 01:43:22 PM

Gee if I had that money I would rather buy
1949 £1 R31 Coombs/Watt Consecutive Run of 100
now that is something much rarer that a complete Pre decimal coin set.

JeffH · May 25, 2016, 01:47:23 PM

Is that similar to 7-11 "convenience" store fiscal policy?
Many, me included, would use a more emotionally charged expression.

Goldseeker · May 25, 2016, 07:23:16 PM

I wouldn't mind buying it to go with my 2 x 1930 pennies, 2 x 1923 halfpennies and 2 x 1921/22 overprint threepences that I already own.

I need the three high wants for my own collection.

robbiegal · May 25, 2016, 10:32:29 PM

I bet your coins coins are in higher grades too goldie. Can you share the grades of your coins. Years ago the 1930 and 1923 maybe chuck in the overdate and they could have fetched well over 40k. Prices are right down at the moment.so much for long term investment in numismatics

Goldseeker · May 26, 2016, 04:23:44 PM

I only wish I could give you the grades of my VIP/high value so called coins but I can't.

I really need someone to have a look at each coin in the albums etc and give a grade for each coin.

That way, I can more accurately value my collection.

At present I use the lowest vales given for the pre decimals in Greg Macdonalds catalogue and the real grade values for the decimal collection.

Accordingly, I wouldn't mind turning the total value into cash.

robbiegal · May 26, 2016, 07:26:31 PM

well the old KGV are fairly easy to grade
the 1940's KGVI are much harder to grade

trout · May 26, 2016, 07:48:39 PM

This is a good resource to help grade your coins Bruce :good:

http://www.anda.com.au/documents/resource/00114_Pt%202%20-%20Grading%20Commonwealth%20coins.pdf

Goldseeker · May 26, 2016, 09:01:21 PM

Yes, I have that reference and I downloaded and printed the images that show the general progression of FDR to good but I still cant grade coins like others on this forum.
I have tried and been well off target at Trouts specimens and further, although the obverse of the publication is shown nothing is shown about the reverse as compared to the list at the end of the page that shows the obverse.

I believe that if I did my own grading, I would be over grading rather under grading.

In saying that, I just might give of the pre decimals a go.