1926 Shilling - High grade coin price

[ausproofs]

Hey Folks

Just browsing coin prices and wondered why 1926 Shillings are relatively cheap comparison to other similar coins. There are only 5 MS64 coins and 2 coins higher. However you can secure a MS64 coin for around $1000... Am I missing something or people have overlooked how hard for these coins to come about. 

Thoughts please.

Cheers AP

[echidna]

Hey Folks

Just browsing coin prices and wondered why 1926 Shillings are relatively cheap comparison to other similar coins. There are only 5 MS64 coins and 2 coins higher. However you can secure a MS64 coin for around $1000... Am I missing something or people have overlooked how hard for these coins to come about. 

Thoughts please.

Cheers AP

1926 shillings are extremely under-rated in MS63 or better.
Strike tends to be poor which precludes higher grades and eye appeal.
I've seen very few well struck examples.

[ausproofs]

Thank you Echidna. That is what I was thinking as well.

[drakesterling]

This is the sort of empirical research that puts you in the know. It is too easy to fall back on catalogue prices and mintage figures.

[ausproofs]

This is the sort of empirical research that puts you in the know. It is too easy to fall back on catalogue prices and mintage figures.

Thanks Eric. Observation and research is the best way to get educated on coins.. Journey continues   :thank_you:

[wwwww]

Where can you get them for $1000? The last one at Nobles went for $1400 and that was an underperforming sale.

[ausproofs]

Last 1926 Shilling to go on an auction was passed in at $1000.

[wwwww]

That was a bargain, I guess not enough people saw it.

[ausproofs]

May be, similar story with 1946 6D as well. When they go for $350-$400 for a MS65 , 1950 goes for lot more.