Generosity

[azda 973]

Peck is the grammar Nazi of the predecimal forum

Rilly? I thort it was speling not gramar. Or was it bothe. Memmory faddes with age...

And so do your marbles

[coinkat 21]

Welcome- Interesting comments. Not sure where to start. Collecting has changed significantly over the years. There is a greater emphasis on condition today than there was 40 years ago. Grading is critical for several reasons with the goal being to describe the state of preservation which will help establish a range in the coin's value. TPG has a history dating back to the 1980s with the intended purpose to help with grading and leveling the playing field leading to sight unseen trading. Grading has a subjective component and I do not see how that can be removed from the process. TPG has its place in the hobby even though some collectors reject the idea of coins in slabs. Whether a collector wants to have slabbed coins is a personal choice. Certainly not all coins need to be slabbed as it is just not cost effective.

I prefer to buy raw coins, and if I feel the coin is worthy of grading, I can submit it. TPG can help for those coins that have significant price spreads between grades.

[PWA 1967 1,841]

Hi coinkat.

As no expert and was unsure about grading and relying on reputable dealers found out in a short period of time grading and prices can differ so much.Some coins you think would cost a few pound I.e 1898 penny harder to find in a top grade than you would think.You only have to look at certain coins, some being sold at more than spink and some being sold for a lot less.I have been putting together a collection of pennies and a lot have come already slabbed from london coins auction.Some coins that were sent by dealers were garbage and even a then untrained eye like mine could tell.Can get a bit frustrating having to keep returning coins in the post.

P.S if my grammar / spelling peck is bad l am thick

[Peckris 579]

1898 pennies in top grades were always difficult (for some reason), and that goes right back to the 60s and maybe beyond.

I will say one thing for TPGs - I was reading through my digital letters just the other day and came across one to a regular advertiser in Coin News, returning both items he'd sent me, both at least one grade less than described. (The prices were about right, but not the bargains or upgrades I thought I was getting). He shall remain nameless of course, but a TPG would soon sort him out.

[PWA 1967 1,841]

Was going to purchase a £700 coin not to long ago off a dealer.and said i would buy it .However if it was rejected by cgs would they allow me to send it back as may take a month or so..He told me they dont have a clue ,but would not put his money were his big mouth was and put the phone down.It was funny at the time but if i was selling something for a few quid would hope the customer was going to be happy

[coinkat 21]

PWA1967- Just curious-can you tell us what the coin was or even the coin series and approximate grade? I ask because I am curious if it is more of a condition rarity or just a coin that does not surface frequently. I do not see any harm in asking if the coin can be returned in the event the coin does not meet expectations

[Rob 3,000]

I can see that a dealer would accept a return within say 7 or 14 days if the customer is not happy and you will struggle to find a dealer who wouldn't, but it is an entirely different matter if the return depends on whether a TPG will slab something because they are not infrequently a loose cannon when it comes to grading or rejecting, though CGS are better than the US companies for British Coins.

Bottom line is that if you want a coin in a CGS slab you can always buy it through their list as you will cut out the uncertainty.

[PWA 1967 1,841]

Hi coinkat.

The coin was not really rare its a while ago now.Was a 1919H described as unc

[Peckris 579]

Hi coinkat.

The coin was not really rare its a while ago now.Was a 1919H described as unc

An UNC 1919H WOULD be rare - it's probably second only to the KN in top grade!

[PWA 1967 1,841]

It was easier to find than others i was trying to purchase at the time,However suppose the question is was it unc ? of which i did not find out.

[Peckris 579]

It was easier to find than others i was trying to purchase at the time,However suppose the question is was it unc ? of which i did not find out.

No pictures? He wouldn't sell an "Unc" 19H without them! I'm not surprised he backed out in a hurry - it was probably GVF at best.

[PWA 1967 1,841]

Dont want to get to deep and upset the dealer who probably visits the forum.Numerous people have sent me coins and never had a problem.However surprising when you mention A coin of £500 plus and you are intending to send it to cgs how they say they will have another look at it.Neil paisley and michael gouby have sent me about twenty coins i have had graded and no problems at all.The time and patience they spent helping me was fantastic and thats why i would continue to purchase from them.

[coinkat 21]

Thanks PWA1967

-Not trying to get anyone upset, I am curious as to whether the rarity of the coin itself or condition rarity would influence the collector decision to use CGS.

[PWA 1967 1,841]

All i am doing coinkat and the post was not in anyway directed at you is keeping myself busy.I decided to put a penny collection together for my grandaughter.My health is not the best and gave me an interest.I decided as an alternative although have numerous assets i would put a collection together over a short period of time for her.The plan is to then lock them in a safe and her mum would give her the key and she can auction them off for her 21st birthday.Not having a lot of knowledge with coins having the more expensive ones graded allows her to appreciate the value when i am not about and she is growing up , i am learning every day wanted to be safe in she had a few quid to spend and remind her of me.

Be lucky.

Pete

[Peckris 579]

All i am doing coinkat and the post was not in anyway directed at you is keeping myself busy.I decided to put a penny collection together for my grandaughter.My health is not the best and gave me an interest.I decided as an alternative although have numerous assets i would put a collection together over a short period of time for her.The plan is to then lock them in a safe and her mum would give her the key and she can auction them off for her 21st birthday.Not having a lot of knowledge with coins having the more expensive ones graded allows her to appreciate the value when i am not about and she is growing up , i am learning every day wanted to be safe in she had a few quid to spend and remind her of me.

Be lucky.

Pete

Hi

The problem with 1919H (and all the 1918/19 H/KN pennies) is that the dies they were supplied with by the Royal Mint got used to death, which is why 'early strikes' from a good die in top grade are so rare, especially when you consider all 4 varieties are scarce coins anyway. Ironically, 1919H is probably the commonest of the 4 by a distance, so why it's so rare in high grades is anyone's guess.

My own 19H is EF everywhere except for George V's hair/ear details which are F+ at the very best. It's quite clearly a coin from a very worn die, but it didn't cost me a huge amount so I'm not too distressed about it.

But your dealer friend may have had one that was equally poor (i.e., worn die) but may not known too much about these?

[PWA 1967 1,841]

Hi peck firstly the dealer was not someone i had bought off before.The point of the matter is i did not want something that was rejected.This coin may of been cleaned ,verd or scratched.and i was concerned but just asked his honest opinion.My knowledge at the time was not as good as it may be now.