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mike

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Posts posted by mike

  1. Posted

    On 15 April 2016 at 8:40 AM, The Coinery said:

    Good Morning Colin.

    With the exception of my Edward VII Farthings any other Farthings I have are available to help improve your collection. They are listed on CGS as "The Coinery" and TC Coins.

    Sixpences are another passion of mine and should you have any 6D you do not want you can cross reference them against "TC - Sixpences".

    Pete (PWA1967) berated me for amassing such a hoard of duplicates but unlike Pete I still have to work so I took my eye off the ball and as a consequence I have a redicules quantity of duplicates.

    You are a cruel man !!  But I thank you for the soggy CGS pseudonym recommendation but I think I prefer "Lost At Sea" or maybe even "Ship wreck Coins". You will be pleased to know that Numismatic Non Nicety is not restrained to our shores. A fellow collector in Holland and also France have confirmed they have found one of my sovereigns on their beaches but neither has confirmed the UIN (Unique Identification Number) and as such there only reward will be a "Fat Lip" when I next visit them.

    I am beginning to see where your pre decimal pseudonym may have "arisen" from.

    "Float My Boat" could be another possible collection pseudonym

    Enough of these Salty Tales for now as I need to Cast Off and Sail to work . . . . . . 

     

    Hello Guy. Are your half crowns listed on CGS website as "The Coinery" and "TC Coins" available as well (obviously with the exception of your E VII ones) ? Thanks, Mike

  3. Posted

    9 hours ago, Peter said:

    You should be able to do better than that.Patience is a virtue.

     

    8 hours ago, Paulus said:

    I agree with Peter, that example is not particularly choice

    Thank you for your comments, if you see better one  please let me know, I'll be very grateful. 

    PS what in particular you do not like about the pictured coin - in my eyes this is truly choice coin - evenly toned over full mint  lustre, almost no bag or contact marks, no edge problems etc. I have attached two further photographs to show how 99,9% of dealers UNC George VI half crowns look like ... 

    example2.jpg

    example1.jpg

  4. Posted

    I am looking for a choice example of 1937 currency Halfcrown - minimum or no contact marks, bag marks, lustrous, no hairlines, no wear, etc. As example I  have attached pictures of the Halfcrown in the grade I am looking for. I am happy to pay over the book price for truly choice piece. Thanks for any tips or offers.

    1937r.jpg

    1937o.jpg

  5. Posted

    I agree with Vicky.  YH Victorian Halfcrowns are at heart of my collecting focus and I am also not very excited about  these overdates.  I’d rather prefer choice truly UNC specimen of  normal date. We are probably not the only ones, as example in GEF (CGS 70, which would be for many dealers A/UNC or even UNC)  sold at LCA 148, March 15 (lot 2622) for £600,- +BP and another  example described as A/UNC sold in A147 in December 2014 for £850,- +BP  - which is probably not very different from what you would expect normal  1845 2/6d to achieve in these grades.  I find much more challenging to find truly UNC example of normal 1845 Halfcrown (if anybody is  aware of one for sale, please let me know!)

  8. Posted

    LOL. I am always absolutely stunned! How on earth can anybody think that TPG's „finest known“ means that this is the best example in the world???? I do not get it. No one even knows how many exaples of particular coin even survived. Obviously this means finest known from examples they graded. Computer automatically attributes „finest known“ or „joint finest“ to the highest graded example(s). I think it is up to the intelect of each coin collector to decide how he/she uses this information. If the relatively common coin is finest known from 15 examples then it means absolutly nothing and only stupid person would pay premium for such a coin. On the other hand, if there hundreds already graded, it can give you idea how scarce the coin is in particular grade and it can affect it's value accordingly. For example – decimal twenty pence undated mule: current population 704 (single finest known grade 88, 4 joint second finest grade 85, 13 graded 82, but for example 275 graded 65) – consequently examples in grade 65 noramlly sell in auctions for about £44,- , in grade 82 between £150,- and £230,-, 85 sold for £304,- and the finest known in grade 88 sold in June 2012 for £490,-. There was time when there were 2 or 3 exapmles in population report and the finest know was graded 65. I think it's typical that collectors who don't send coins for grading are shouting the most that there is not enough coins in population report :-).

  10. Posted

    13 minutes ago, azda said:

    And this lovely specimen from Goldbergs graded as MS63 which is 1 point less than the eBay coin you mentioned Mike, which is for sale at over £1000 i might add, And so the MS63 sold for $525, which does add much kudos to my point of why would I pay another £700 for a point difference in grade, silly eh :rolleyes:

    http://www.acsearch.info/search.html?term=1875+halfcrown+&category=1-2&en=1&de=1&fr=1&it=1&es=1&ot=1&images=1&currency=usd&thesaurus=1&order=0&company=

    Thanks also for your input Vicky, I have been stating your same observation from the start of this topic, but Mike knows best. It's a debate and opinion Mike, no hard feelings ?

    image.jpeg

    That's fine, Azda. I just do not know why you started pointing at me as Spink prices advocate and "pampering someones ego" just because I have asked for up to date Spink prices on few coins. Am I the only one in the world who wants to know what the price of certain coins in latest Spink are??? Phil's reply was perfectly all right and fine with me. I am collecting for more than 25 years, following most of the sales and auctions - especially as halfcrowns are concerned, and I want OPINION on Spink prices I would have asked differently. 

  12. Posted

    11 minutes ago, azda said:

    The owner of the forum also writes and publishes the CCGB book. Now, as we all know a dealer will ALWAYS quote a Spink price when selling, so how come he NEVER buys in said same price?

    If you want to part with silly money for a coin then go right ahead, as I said, same coin in LCs sold 2 years apart same grade at a £60 increase, which in anyones book is a £30 a year increase and nowhere near an £1100 price tag. As for the eBay slabbed coin, well everyone will chance their arm and wait for an idiot to part with their cash, there will always be one.

    1)Because he needs to make a profit.

    2) In my experience, if the coin is choice UNC,  the dealers will offer buying price quite close to Spink as they know they will be able to sell it for even more. It all comes down to grade.  AMR coins  sold in December 1936 nice choice UNC Crown for £1150,- (more than Spink price at that time). I personally would not call the buyer "idiot", it is probably difficult to find this coin in choice grade, without "almost unc, nearly unc" , "spots that barely distract" etc. There can be a big difference between UNC and UNC. None of the Halfcrowns you've mentioned from LC sales are  BU, IMO.

  13. Posted

    34 minutes ago, azda said:

    Same graded coin 2 yearly later and a £60 Price difference, still nothing at £1100

     

    01/03/2015
    Auction 148Certified CoinsLot
    2631Halfcrown 1875 ESC 696 UNC or near so and lustrous with some light flecks of golden toning, slabbed and graded CGS 75 (UIN 14915) 

    This is NOT BU coin (but still sold for much more than CCGB 2015 price).

    Anyway, once again, my question was "If anyone had a moment would they be able to get me the latest Spink prices for the following coins please?" - that's all, everything else in this thread are your assumptions. I do NOT have this coin, so if you think that I want to pay someone 1100,- because of Spink,  your completely wrong. It is excellent news that I can buy one for £350,-. Thank you. 

  14. Posted

    34 minutes ago, azda said:

    You asked a question then disagree with the answer which doesn't suit you, so why ask in the First place. I didn't realise we were asking about CGS graded coins as you only asked about a Spink UNC and a UNC is UNC without involving a CGS grade, of which a 2 point gap makes no damn odds to me or any other collector of a coin and not a number on a slab.

    Soink 2014 was £900 in UNC

    Soink 2015 was £975 in UNC

    CCGB 2015 States £350 in UNC/BU, so now what say You? Is this Book wrong? Tony Claytons website states £550, is this also wrong? Just because 1 auction throws a curveball price doesn't mean it's the given price, Show me the same year/grade coin in 5 BRITISH auctions from Last year at the price you've quoted and then i'll believe Spink

     

    So so if we go back now to 2014 and check those prices WITHOUT slabs then we can compare

    My question was „If anyone had a moment would they be able to get me the latest Spink prices for the following coins please?“ and I got no nosense answer from Phil. Simple.

     

    And yes, CCGB 2015 is wrong, if you asking. Absolutely ridiculous. BU 1875 Halfcrown for £350,-??? Please send me one. KB coins have NUNC for 600,-, on ebay is one (NGC 64)offered for £1050,-, that's all i can find. Saltford coins have 1877 Halfcrown described as UNC for £800,-,

    I should get in touch with these dealers and offer them £350,- as per CCGB 2015 :-).

    Just out of interest, is there any dealer on this forum, whou would sell BU 1875 Halcrown for £350,- ??? If yes, please add me on your want list.

  16. Posted

    56 minutes ago, azda said:

    Lol marmite, I think being blunt and straight to the point is more useful than pampering someones ego, it's not too everyones taste but I'm not here to please anyone, I'm here too learn as much as the next man....

    1 hour ago, azda said:

    I would take these coin prices with a pinch of salt, best checking realised prices from auctions. A UNC 1875 sold for £380 at Londoncoins last year, these are overpriced in Spink

     

    1875 UNC - £1100

    1876 UNC - £1150

    1879 UNC - £1150

    1882 UNC £1150

    I am well aware of it.

    It also depends on your grading standards. The coin you've mentioned (CGS75) is not choice UNC in my eyes. It is very unlikely that the coin would sell for £ 440,- (£380,- + BP) if it was graded 80 or above. For example check realised prices for Gothic florins – in grades 75-78 they sell for around £400,- but 1853 in CGS82 sold for 1110, - (Spink 2015 £875,-) and 1876 in CGS80 for £935,- (Spink 2015 £850,-).

    IMO Spink UNC prices are for choice UNC coins and yes, they are generally overpriced. I am more interested in trend and the coin you've mentioned in grade 75 sold before for £225,- + BP and now for £380,- + BP which is in keeping with trend in Spink.

    PS: unfortunatelly I do not own 1875 Halfcrown (as far as „pampering someones ego“ is concerned)

     

  19. Posted

    IMO there is absolutely  no way you can compare these two images - completely different magnification, lighting conditions including angle of the light. These tiny  hairlines/hairline scratches (it is not tooling IMO) are visible only under artificial light and under certain angle. You would need the set of pictures taken under exactly the same conditions.

    PS generally speaking "tooling" is used  on a coin where the details don't stand out very well. But by scraping away some of the field (background) with an implement (tool) you can make the details more prominent.  That's tooling.
     

  20. Posted

    IMO, there are a lot more George VI coins around because it was possible to find them in change in the 1970s, but most of the "high grade" ones that come onto the market are cleaned EF (they look more presentable cleaned to the untrained eye than George V). I am quite keen on CGS graded coins and I would say that the scarcity of truly Unc or choice examples is now slowly emerging over time on the population report. We shall see, my own prediction is that anything from 1938 - 1944 will prove scarce in truly choice UNC grade (CGS grade 82 or better) and well may prove to be a good ivestment – in the long term, I mean.

    • Like 1

  21. Posted

    On 23. prosince 2015 at 3:09 PM, SWANNY said:

     

    25 minutes ago, jaggy said:

    The way I see it, the UK market remains very much a 'raw' one whereas the US market is very much wedded to slabbed. London Coins are trying to create a market in the UK for slabbed coins through CGS but that market remains pretty limited to their own auctions. 

    If I want to sell coins in the USA I really need to get them slabbed and the grade assigned is everything. There is often a significant price difference between an MS63 and an MS65 and these coins often sell at a premium to what we see in the UK. If I want to sell coins in the UK, 'raw' still works just as well. Maybe not at London Coins but certainly at Spink or DNW. 

    Perhaps that will change over time. But I think that CGS have made a mistake by creating their own grading scale. They should have adopted the US one. That would have given their slabbed coins more credibility in the international market. I would not have my coins slabbed/graded by CGS because that would be too limiting.

    I fully agree with you.

  22. Posted

    1 hour ago, jaggy said:

    I don't have an issue with slabbing. Although most of my coins are raw, at least 50 of them are slabbed. Neither do I have a problem with CGS or London Coins where I am a regular bidder/buyer.

    My question is really one about market credibility. As a regular buyer at Heritage, I see NGC and PCGS all the time. I never see CGS. Neither do I see CGS at DNW or Spink where I also buy. It is only really at the London Coins auctions. So my question is how credible compared to the more established third party graders is CGS and how well are they accepted in the market place as a result?

    I have bought CGS slabbed coins from Spink, St James, as well as DNW auctions. Quick search shows that DNW sold 50 CGS graded coins so far – so I do not think they are avoiding it as such, however, IMO most vendors prefer London Coins to sell slabbed coins (as they have in their books a lot of collectors who are keen on graded coins).

    US market is, of course, very different - as collectors there are not familiar with CGS grading system (1-100).

  23. Posted

    On 23. prosince 2015 at 3:09 PM, SWANNY said:

    Pete , I am not referring to my Gothic here , I am pointing to the prices people are asking for slabbed coins

    On the other hand , I am in communication with CGS at this time , and will be starting a new thread very soon called "GOTHIC CROWN - PART 2"

    This will make a good read, and put people off slabbing coins.....

     

    On 4. prosince 2015 at 2:45 PM, SWANNY said:

    Here is an example of what I am talking about

    http://www.ebay.co.uk/itm/2013-2014-2015-Silver-20-coins-All-investment-graded-/321929059286?hash=item4af4779bd6:g:S9YAAOSwAKxWU0gN

    Well, what is your point exactly? I can post hundreds of links where the Ebay sellers asking ridiculous prices for overgraded, cleaned, misattributed raw coins. Am I going to start a new thread which „will make a good read and put people off raw coins“? No. Why would I?

    Also, how many coins have you already sent for grading? Usually these types of hate posts are written by people who sent one or two coins and are unhappy with the result (as the grade was not the one they expected or were told by the seller) or some exposed dealers (not from this website I should say) when their „UNC“ coins turned out to be EF... I know collectors who sent hundreds of coins to CGS for grading, and apart from poor customer service (I agree as well), they are happy with the service – believe it or not. 

  24. Posted

    It came from an auction , and was described as "nicely toned EF"

    If it had said "re-toned" I don't think I would have purchased

    I,m not sure where "cleaned" came from , are you saying the coin would have been cleaned and then re-toned ?

    Generally speaking, artificial toning is often used to cover up an old cleaning.

  25. Posted

    Just put a coin through CGS UK to confirm it was not a fake

    Came back with "Reject - re-toned"

    Now here is the problem :- the coin has been slabbed , should I remove it from the slab so it can re-tone normally ?

    Just out of interest I do wonder -

    - did the seller inform you that the coin was cleaned and artificially re-toned?

    - if you knew, would you buy it and pay the same money you did?

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