Pre decimal value - where is it heading?

[autocoupler]

There is probably also a perception amongst collectors that the current top of the pop's coins will be bettered by new submissions as time goes by as these slabbed coins are relatively new on the Australian collecting scene .

At a guess I would say that current PCGS registrations of OZ coins, particularly pre decimal coins, would only be a fraction of the higher end grades lingering in old collections and stashes. This is what worries me with the high prices being currently paid for some slabbed OZ coins.

[r9453]

At a guess I would say that current PCGS registrations of OZ coins, particularly pre decimal coins, would only be a fraction of the higher end grades lingering in old collections and stashes.

:i_agree:
 

This is what worries me with the high prices being currently paid for some slabbed OZ coins.

I'm not bothered, if a correction occurs then so be it.

[robbiegal]

there will always be old collections and hoards

without that,  we have no hobby

[nealeffendi]

there will always be old collections and hoards

without that,  we have no hobby

Also hoarded mint rolls. I purchased 2 rolls of 1954 Commemoratives off Stuart A. these past 6 months. Until I unwrap them I won't know if I have any above MS63 and how many above and how high above (I can dream of MS67, so why spoil that dream by opening them). That probably applies to the thousands of rolls of pre decimals out there and those rolls might remain unwrapped for another 60 years. For all I know either roll might be filled with MS65 or higher and upset the population reports.

[ausproofs]

there will always be old collections and hoards

without that,  we have no hobby

Also hoarded mint rolls. I purchased 2 rolls of 1954 Commemoratives off Stuart A. these past 6 months. Until I unwrap them I won't know if I have any above MS63 and how many above and how high above (I can dream of MS67, so why spoil that dream by opening them). That probably applies to the thousands of rolls of pre decimals out there and those rolls might remain unwrapped for another 60 years. For all I know either roll might be filled with MS65 or higher and upset the population reports.

We have to be friends now Neal, just in case :yahoo:

Nice work... hopefully you will get some nice high grades ...:wavemulticolor:

[serial]

there will always be old collections and hoards

without that,  we have no hobby

Also hoarded mint rolls. I purchased 2 rolls of 1954 Commemoratives off Stuart A. these past 6 months. Until I unwrap them I won't know if I have any above MS63 and how many above and how high above (I can dream of MS67, so why spoil that dream by opening them). That probably applies to the thousands of rolls of pre decimals out there and those rolls might remain unwrapped for another 60 years. For all I know either roll might be filled with MS65 or higher and upset the population reports.

are you sure that its not a re-roll of 54 florins? I know of a coin dealer who is re rolling coins, putting a ms coin at the end of roll and selling the rolls without actually saying mint state rolls or mint rolls. you might find its full of circulated coins.

[robbiegal]

yikes! :-/

the old rolls were hand rolled anyways at the banks weren't they?
so the coins could be a mix of new ones and ones that the bank had already collected  ?

[serial]

yikes! :-/

the old rolls were hand rolled anyways at the banks weren't they?
so the coins could be a mix of new ones and ones that the bank had already collected  ?

If it was a bank roll of mixed coins then in my opinion the roll would be a mix of non commemorative coins and the odds of a 54 coin being at both ends in UNC condition would be astronomical. It could be a complete roll of unc 54 royal visit florins. What I am aware of is complete rolls of coins in plain brown paper, all the same year/type with an UNC coin at each end but a mixture of grades in the middle. A clearly home rolled roll designed to deceive a buyer.  I always look at coin rolls carefully as they are the easiest way to dupe an unsuspecting buyer.
Just saying

[nealeffendi]

there will always be old collections and hoards

without that,  we have no hobby

Also hoarded mint rolls. I purchased 2 rolls of 1954 Commemoratives off Stuart A. these past 6 months. Until I unwrap them I won't know if I have any above MS63 and how many above and how high above (I can dream of MS67, so why spoil that dream by opening them). That probably applies to the thousands of rolls of pre decimals out there and those rolls might remain unwrapped for another 60 years. For all I know either roll might be filled with MS65 or higher and upset the population reports.

are you sure that its not a re-roll of 54 florins? I know of a coin dealer who is re rolling coins, putting a ms coin at the end of roll and selling the rolls without actually saying mint state rolls or mint rolls. you might find its full of circulated coins.

A pretty unethical dealer that you know:@ Sounds like a fast way to turn away future/repeat customers.
I'm confident that my rolls are the real deal. Stuart Anderson sells plenty of slabbed coins and I've seen him sell many sheets of Unc ex roll coins on fleabay (presumably he cracks several rolls, puts the ChUnc in slabs and the Unc in the sheets, a good way for us to get reasonable coins at a modest price and the choice stuff in slabs). I presume that he has more than enough slabs and I picked up some of the excess rolls. I've also purchased slabs off him on multiple occasions and his operation is an example of how dealers get repeat sales.

[ausproofs]

there will always be old collections and hoards

without that,  we have no hobby

Also hoarded mint rolls. I purchased 2 rolls of 1954 Commemoratives off Stuart A. these past 6 months. Until I unwrap them I won't know if I have any above MS63 and how many above and how high above (I can dream of MS67, so why spoil that dream by opening them). That probably applies to the thousands of rolls of pre decimals out there and those rolls might remain unwrapped for another 60 years. For all I know either roll might be filled with MS65 or higher and upset the population reports.

are you sure that its not a re-roll of 54 florins? I know of a coin dealer who is re rolling coins, putting a ms coin at the end of roll and selling the rolls without actually saying mint state rolls or mint rolls. you might find its full of circulated coins.

A pretty unethical dealer that you know:@ Sounds like a fast way to turn away future/repeat customers.
I'm confident that my rolls are the real deal. Stuart Anderson sells plenty of slabbed coins and I've seen him sell many sheets of Unc ex roll coins on fleabay (presumably he cracks several rolls, puts the ChUnc in slabs and the Unc in the sheets, a good way for us to get reasonable coins at a modest price and the choice stuff in slabs). I presume that he has more than enough slabs and I picked up some of the excess rolls. I've also purchased slabs off him on multiple occasions and his operation is an example of how dealers get repeat sales.

I second that, he is a nice enough guy and very polite and non arrogant.  I have started to buy coins from recently. Very happy with the quality of coins as well..

[runway]

Stuart Anderson is totally honest with all his listings and lots

[tania]

I have also purchased from Stuart Andersen with no problems.[/i]

[drakesterling]

The upcoming Nobles will be a real bellwether that will show us where we're at in the market.

Re Commonwealth coins, I think we've been bobbing along at the bottom for some time now. The better-grade coins aren't common, so it won't take many collectors to start putting upward pressure on prices.

Eric

[trout]

The upcoming Nobles will be a real bellwether that will show us where we're at in the market.

It will be interesting to see the prices achieved at this auction because of the volume of high grade coins on offer.

[robbiegal]

picking up my $5.55 lotto ticket in the morning  .... wishin and hopin ...