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Generic Lad

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Everything posted by Generic Lad

  1. Generic Lad

    Silver/Gold Down

    Silver's down to about $22/oz and gold at around $1300/oz although the premiums for physical metal is insane at the moment ($28/oz for generic bars/rounds and $31 for Eagles from my coin dealer) anyone else out searching for some sovereigns or cheap silver coins?
  2. Generic Lad

    Want, want, WANT!

    I was going to say that it looked very familiar and that I think I know where you can get one... until I read the bottom and saw that it was the exact same one I found
  3. Generic Lad

    error five pence coin?

    Undoubtedly with the accompanying letter, they are worth more than 5p. The good news is that out of all the errors, wrong planchet errors are some of the most desirable. But naturally they're worth more if you can identify what exactly it was struck on which off of the top of my head I don't know what it would be that it was struck on, but since the Royal Mint made the coins for a multitude of different nations in the 1970s it perhaps might not even be UK coin. The bad news is that the coin doesn't really look different than most 5p coins and less dramatic errors tend to fetch less than more dramatic. For example, your coin would be worth quite a bit more if it was struck on a copper-colored blank intended for a 1/2p, 1p or 2p coin, rather than the silver-colored blank it is struck on now. If you could provide a weight of the coin in grams, that would assist us in identifying what it might be.
  4. So I was looking on the Android marketplace trying to find an app that calculates the scrap prices for UK silver coins and couldn't find any... so I made my own! https://play.google.com/store/apps/details?id=appinventor.ai_Taycouchman.UKSilverScrap Nothing too fancy, just made it in about an hour, but its free and has no ads and works without internet access so enjoy! Any ideas for other apps that would be useful (but rather easy to implement!) for coins on Android? (Sorry, no iPhone port due to the fact I'm a poor student and can't shell out the $1K for a Mac/license fees!)
  5. Generic Lad

    American Rainbow Tone

    Yes, PCGS/NGC will refuse to, indeed PCGS is proud of their "sniffer" which is supposed to catch doctored coins ( http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=17156 ) and NGC/PCGS will refuse to grade artificially toned coins ( http://www.ngccoin.com/details/altered-coin-surfaces.aspx and http://www.pcgs.com/nogrades.html) The problem is that they often miss some and since they claim to refuse to grade them any that get by are immediately considered to be "natural" toning to American buyers even though its as fake as fake can get. There's also people who claim to be able to tone coins already slabbed in PCGS/NGC holders, further making them questionable. Like all TPGed coins, buy the coin and not the piece of plastic.
  6. Generic Lad

    American Rainbow Tone

    I've heard that there are people who will apply toning to coins still in the slab since slabs are not airtight. But the question also remains what is "natural" toning? You can get wild toning by keeping a coin near something that burns coal, you can also get it by storing the coin in cardboard for a long time, or you can speed up the process by adding heat. What is the dividing line between "natural" or "unnatural" toning?
  7. Generic Lad

    Foreign bank notes

    Older American banknotes sell for quite a bit. Keep an eye out for "star" or replacement notes when it comes to US notes and US Military Payment Certificates Depending on the year, a US star note will either be something like *234234F (the serial number but preceded with a star) or something like F234234234* (ending with a star) these are more scarce and can fetch much higher prices, especially for older years or uncirculated notes. A US military payment certificate will have a serial number such as F23423423F, however, if it is missing the last letter, it is a replacement note and the values soar to tenfold or more the normal prices. Both star and replacement notes are caused by mistakes in the printing, for example the with the star note *234234F the note bearing 234234F was found to be defective and destroyed. Since they don't want to have printed 2 notes with the same serial number but still want some consistency, they printed *234234F
  8. Generic Lad

    Ebay's Worst Offerings

    I found this gem today http://www.ebay.com/itm/VERY-VERY-RARE-gold-unite-coin-/121063755618?pt=Coins_BritishProofs_RL&hash=item1c2ff64f62 Don't scrap it! It has historical value!
  9. Generic Lad

    My new ebay account

    Can you still ship contemporary counterfeits to the US? Also, what about evasion coins?
  10. Generic Lad

    Where is the best place to sell coins?

    Depends on what you have. Selling a coin only worth silver scrap is completely different than selling something like a Gothic Crown. Selling a bun penny variety is different than selling a William IV halfcrown. When it comes to low-price or low quality items its usually best to just stick them up on the 'Bay and see what they fetch. Some local bullion shops may be able to give you a good deal if you've got common, worn silver coins just worth scrap silver. When it comes to high-end stuff you might get the best $$$$$ to look at higher end dealers or consider talking with a major auction house. When it comes to specialty stuff, you'd be best to see a dealer who specializes in that area and from there see where the best place to sell it is. But I'd start by posting pictures and descriptions of what you have here on the forum, because there's really no way to advise you on the best way of selling something if we don't know what it is, because a great way to sell one thing is the absolute worst way to sell something else.
  11. I wouldn't. Why would any honest person want a faked document? There are plenty of reasons why an honest person would want a faked document, I mean perhaps not in 2013 Europe, but such a thing would be useful in Mali today, or in the iron curtain, certainly useful in Germany in 1941 or in Burma. A secondary passport (legitimately obtained of course!) is quite useful as an insurance against disaster, although to legitimately obtain one it costs in excess of $50K or involves time actually spent in that country.
  12. Generic Lad

    Help identifying coin.

    Yep, I'd hang on to them, they're worth more as heirlooms than to a collector.
  13. Generic Lad

    Help identifying coin.

    With both you're not looking at too terribly high of value. If uncirculated and a great strike you might be able to get about $40 for the pair if you're lucky. Assuming that both have been circulated, they generally just sell for little more than sterling scrap. (However, I don't have my copy of Spinks on me, but a quick Google suggests that neither are key dates)
  14. Generic Lad

    Help identifying coin.

    What you have is a threepence. Worth 3 old pence. Of course its worth more because it is sterling silver. I'm assuming that this is your coin?
  15. Generic Lad

    Small Change

    Yep, I buy whatever silver/gold I can afford. I've got a few shops that sell for fairly cheap, I also buy bags of coins at banks and search through them for silver. Managed to find a couple rolls of silver dimes and halves that way. I'm not a huge fan of silver eagles or generic silver, mostly because the eagles are overpriced (a good $2-3 over spot and will never be rare, even in BU condition due to the massive amounts they are making) and generic silver can't be easily assayed by the average Joe so in the event of an economic collapse they aren't going to know if I've got a plated silver bar stamped .999 silver or if its the real deal, on the other hand a counterfeit Mercury dime looks quite different than a genuine one, enough difference that the average Joe should be able to tell.
  16. Generic Lad

    Small Change

    Am I the only one that finds it odd to back up paper with... paper? Sadly I think hyperinflation will eventually take over and we will be using million pound notes (and trillion dollar bills!) to buy everyday things.
  17. Generic Lad

    Die Axis ?

    Yes, the two arrows pointing up means "medal axis", the other is "coin axis". All coins nowadays are minted with medal axis All British coins are, but all US coins (except for some strikings of the Gobrecht Dollar I believe) are struck in coin alignment.
  18. That is very odd. Why would anyone go to the trouble of counterfeiting such a low-denomination coin?
  19. US Grading services such as NGC/PCGS will ship back many coins that they won't grade due to different things. I've seen coins receive no grades due to: Environmental damage (dug coins, verdigris, sometimes PVC slime) Cleaning Graffiti Scratches Toning of unknown origin Tooled etc. Rather than do what most coin dealers would do which would be to grade the coin with a grade (such as fine, but X flaw) or use a net grade (I think ANACS does do net grading). PCGS and NGC will flat out either refuse to slab it and return it in a flip, or will slab it but refuse to give a numerical grade (and give a details grade) If you submit enough coins to PCGS/NGC a good chunk of them will come back ungraded. The fact that this coin has come back without a numerical grade is not surprising (as it clearly has environmental damage) and it really shouldn't be an indicator that NGC thinks the coin is suspect. Your best bet is to sell it within the slab/flip that NGC has said its authentic because re-submitting it for evaluation at PCGS/NGC is going to give you another no-grade coin.
  20. So, today I was rummaging through the not-so-local coin dealer's 15 cent bin and I found this 1951 threepence. The reverse is mirror like, but the obverse is much flatter. Of course for all I know the obverse could have looked like the reverse once upon a time and it got dinged up by being literally buried under other coins. The problem is, I don't know if it is a proof issue, or just a nicely polished coin. It is: Are there any good die markers to know if it is really a proof or not? And if it is a proof I'm assuming its a normal (and not a VIP) proof? The edges are crisp, but not exactly knifelike.
  21. Generic Lad

    identify some chinese? coins

    Check them with a magnet also. Chinese coins of that era are commonly faked. And by commonly I mean I've seen about 20 fake examples for every 1 genuine one. Now, without seeing better quality pictures I can't say for sure if yours is a fake or not, but if a magnet sticks to your coin (even weakly) you've got a fake coin. However, if a magnet doesn't stick to it, you may still have a fake piece, but if it sticks to the magnet, you can for sure know its a fake. What worries me on your example is the "mushiness" of the lettering, although it could just be your photo.
  22. Generic Lad

    The end of Copper Coins

    I can tell you that most of the US Zinc cents end up quickly corroded. They literally rot away if not kept in pristine condition. They get spotted even when kept in near ideal conditions.
  23. Generic Lad


    Happy New Year!
  24. Depends on how much time you want to put into the hobby and if you're concerned about having a "complete" collection or not. There are of course the "traditional" routes, a coin a year, a high grade collection of a certain denomination, a coin from every monarch, maundy sets, etc. Less popular, but still rewarding would be topical sets. For example, you could collect British coins with Lions on them. Or you could collect less-documented coins such as counterstamped coins. The important thing is that you collect what you find interesting rather than what someone else finds interesting. If you've got no desire to spend hours looking for tiny varieties of Victorian bun head pennies, there's no need to collect them. If you love decimal, or even private mint issues, collect them! And it is important that you separate investment and collecting. A good bullion coin is seldom a good collector coin. And a coin that might increase in value over the years may not fit your collection. At the end of the day, collect to have a collection that YOU enjoy, no matter if you are collecting high grade hammered gold, Victorian bronze, decimal or even Churchill Crowns! If you are happy with your coins and happy with the time/money invested in it. It is a good investment for you.
  25. Generic Lad

    bought a book. is it worth it? opinions.

    Anything written by Chris Perkins is worth getting!