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Thanks all for the responses. I guess as the OP, I'll share my thoughts on graded/slabbed coins and why I like them, why I buy some already slabbed and why I buy some raw and have them graded. Personally, I like the look and presentation of slabbed coins. I don't have the tactile need to fondle them....didn't grandma warn you about playing with things too much? I like how they store as well. Whether you're a fan of NGC or PCGS or both, for a relatively low cost you can buy their hard plastic storage boxes that keep your collection well organized. Slabbing also protects your coin/investment better than any other form of storage I can think of. At a minimum, buying a coin already slabbed/graded guarantees authenticity. There are a few coin collectors I respect who specialize in very different types of coins and in following them on social media, I've watched them send some of their acquisitions off to TPGs only to have the occasional coin returned in a baggy, not a slab, identified as "Not Authentic". Tells me it can happen to anyone. In my opinion, I think coin collecting can be an "And" opportunity and not just an "Either/Or". I collect coins because I enjoy collecting things, I love the history behind the coins, it brings personal satisfaction (well, not that Details coin) and I look at them as potential investments hopefully making good decisions so should I choose to sell later in life, I can put a little extra coin in my pocket. I don't believe it has to be one or the other. I've heard some say that "collectors" that buy graded coins are lazy and don't want to invest the time or make the commitment to educate themselves on how to grade coins. While I'm sure those individuals exist, I prefer to buy coins raw, educating myself as I go along, and then have them graded kinda like @youliveyoulean said testing my ability to accurately grade a coin and hopefully add value by purchasing the high grade raw coin cheaper than you could the one that's already graded. In fact, I just picked this up to enhance my understanding of what to be looking for when examining a prospective purchase... So those are just a few of my thoughts on the subject. @PWA 1967, I like your idea about studying the 1910 Details to better understand why it received that designation in the first place. Thanks to each of you for your thoughts and feedback. In my opinion, regardless of your preference, the discourse is certainly more interesting with different approaches and perspectives. Have a great rest of the weekend.
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Jester, my only advice would be to think very carefully about slabbing a bunch of sixpences that can be bought for the price of the slabbing process itself. Ask yourself what is your reason for slabbing the coins. Is it to test your understanding of the grading system, a kind of personal challenge, for investment purposes or because you just prefer to view your coins in slab form with the added peace of mind you can fondle them without the risk of damage? I'll help you out with one of those. In my humble opinion these relatively modern sixpences are quite common in high grades and have no future as an investment....now with that grenade where's my tin hat...i'm just off to hide behind the sofa ;-)
- Yesterday
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I think his attributing skills are spot on as one is F and the other VF i'll leave you guess what the letters really stand for lols
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Sorry John and Pete. Principle is sound though - that's a very nice 1907, even with the slight fingerprint on the obverse.
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Sorry for any confusion Mike - that's the ex-Nordle collection one that Pete's offering for sale. He asked me to stick the picture up and I was too lazy to type as well. You're right though - it is a very nice strike.
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That's a particularly nice example, Jon, as it shows none of the sometimes quite extreme die wear characteristic of the 1906 and 1907 reverses, even at UNC grade. Also clean and absolutely problem free. Here, for example, is mine, which, as you can see looks a lot more worn than yours on the reverse:-
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Joint Stock Provision Company Token?
Rob replied to newheart's topic in British Coin Related Discussions & Enquiries
It was a sea change in legislation. A tenner to set up a company is a real incentive to go into business. It's no different to today when you can set up a company with 2 paid up £1 shares, and a cheque to a business that does all the paperwork for considerably less than £100. -
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Joint Stock Provision Company Token?
newheart replied to newheart's topic in British Coin Related Discussions & Enquiries
The strange thing is that there is no sign of a company name. It is generic as far as I can tell (the edge is blank). So it wouldn't advertise a company very well. But I agree this is a plausible explanation! Thanks for the link Rob, I will take a read. -
I don't think it will open much of a can of worms, @Rob, because I think most the people on here are exhausted and bemused by the gulf between the two collector types. I agree with absolutely everything you say and, interestingly, I've only just noticed a very obvious detail that I've overlooked before. Namely, that there are those who buy slabs and miss out on the exploration and, in my opinion, numismatic essence of it all...and there are those who know their stuff and enjoy manipulating the slabbing phenomenon, whether that's taking advantage of that which is already slabbed, or still having a good finger on the pulse of what makes a great raw coin and then getting it slabbed! A big difference, very different animals! Having said that, it could open up a can of worms!
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Joint Stock Provision Company Token?
Rob replied to newheart's topic in British Coin Related Discussions & Enquiries
I think it is more likely to be struck as a result of the changes in legislation in 1844 or 1856 which allowed companies to be incorporated other than by Royal Charter in the first case, or with limited liability in the second. These were major changes in the legal structures of a typical business, which introduced the concept of limited liability and so led to an expansion of business. To issue a token highlighting the new status of a company would be perfectly normal, and no different to a shop giving out branded advertising. Joint Stock Companies were set up country wide. Wiki is helpful here. https://en.wikipedia.org/wiki/Joint_Stock_Companies_Act_1844 -
Joint Stock Provision Company Token?
will1976 replied to newheart's topic in British Coin Related Discussions & Enquiries
I did have a look at this one too thinking it was an unofficial farthing but it isn't. its some kind of token though -
Its not the first time for that seller either. They are frequently listing those Ancestors pewter sixpences as geniune. Clearly out to deceive.
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And the 'COPY' and 'WRL' stamps are both there on the reverse, but both are deliberately, no doubt, photographed upside down.
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Properly described as not hammered. Should probably also say not milled either. But cast doesn't sell very well when they shouldn't be.
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http://www.ebay.co.uk/itm/1562-coin-queen-elizabeth-1-not-hammered/122766171510
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Hi, I live in Cambridge being you have been to university here do you know any other forum members or collectors that live here and where local clubs and coins fairs are It would help alot. Before coming on this forum I had no idea about coin clubs or fairs, they sound interesting Thanks,
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It's all part of the ebay learning experience. If you can send it back when not as described, but nobody does, then it must be accurately described, right? There has been a number of people come on here over the years who had to recalibrate their grading, and there will be others in the future too. It's easy for people to think they have a high grade coin when they compare with other examples on ebay or the example they have just upgraded. The half decent coin in their hands may not be UNC, but has to be close enough to call it EF A statistic that sellers studiously avoid is that one whereby only a miniscule fraction of one per cent of coins are genuinely uncirculated. Sellers up the grade because they are merely pandering to the market that demands 'uncirculated' coins and to fill the demand this requires flexi-grade - the suit anybody description.
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Thanks Rob much appreciated. Difficult to get a better picture as the coin is so dark.
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Looks like a Henry V halfpenny. Withers type 5 with broken annulets by the hair, but the image is too dark to work out all the stops and determine the sub-type.
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Joint Stock Provision Company Token?
newheart posted a topic in British Coin Related Discussions & Enquiries
I was intrigued enough by this little coin to bid and win it quite cheaply on eBay. It is about the size of a farthing (approx 3/4 diameter) and says "By act of parliament" and "Joint Stock Provision Company". I have looked online but cannot find much out about this. Token? Gaming coin? Anyone got any pointers? Thanks in advance, Pete -
Any ideas on this one please. 13 mm across.
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Hi Gaz, you'll find you aren't the only collector/detectorist (does that make us collectorists?) on here!
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Baldwins of St. James's 9
1949threepence replied to Rob's topic in British Coin Related Discussions & Enquiries
Agreed - and is ridiculous, as you're buying a coin which could be sold anywhere, not furniture from IKEA or Oak Furnitureland. -
http://www.ebay.co.uk/itm/PENNY-EDWARD-VII-1907-FINE-/192340494977?hash=item2cc8630a81:g:XvUAAOSwDk5T6PnG http://www.ebay.co.uk/itm/PENNY-GEORGE-V-1920-VF-/192340494980?hash=item2cc8630a84:g:YygAAOSwPK1ZQ-ZL "I am not a coin dealer but am selling surplus coins from my collection.I try to be as accurate as possible on grade description."
