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Showing content with the highest reputation on 01/30/2016 in all areas

  1. 3 points
    I had posted the pic to this forum before but I can't recall the thread. Here it is anyway http://i.imgur.com/kZoei6r.jpg Don't set your expectation too high. UNC by American standards Graded ANACS 62 RB. As shown on the image there are scratches on the holder by the date. I will try to re-holder or have it re-graded by PCGS sometime.
  2. 3 points
    No idea where the contest idea came from? But I know I'm currently losing it if one exists! But I'll post what I like, when I like and where I like all within forum rules of course. If people dislike these threads, simply don't read them. It's that simple... Far, far, far more importantly I'm thinking about returning the 1894. I don't like the idea of dipped coins, though when I look around dealers sites the percentage of dipped Victorian silver must be quite high. One dealer in particular has around 70% of his inventory in blast white condition. Anyway, does anyone have any serious opinions on these?
  3. 2 points
    The die has probably blocked with grease. Stored dies are coated in grease to stop them rusting. If this grease is not removed prior to use it will get trapped and act as a solid face because it will not compress, meaning the design cannot be transferred to the blank flan. Attached is an example of what I mean showing partial and full blockage of the legend.
  4. 1 point
    I have a batch of coins imo all good grades and searching on the internet and looking at previous posts wondered if i would be better to continue with c.g.s. Recently i aquired quite a few slabbed NGC pennies and will leave them as they are(i do buy the coin) and a couple MS65. Some however had verd and one a scratch on the coin not the slab,these i left alone. Do NGC not reject coins with carbon spots/verd ?. Also i notice if i put the uin on the website some dont come up ,and wondered if i was doing something wrong ?. Pete.
  5. 1 point
    OK, I've been inspired by a couple of other peoples threads showing what they've purchased. I plan on doing the same. I may have this thread and a separate chump change thread too. This one though will show my more considered purchases as I try and build a nice collection over the coming years and decades. I look forward to you all pointing out my mistakes! But with your help, hopefully they'll not be too many. I made two purchases this month. The first was a 1849 gothic crown purchased from London Coins. My first ever 'slabbed coin' and graded at 78. I bought it as I like the design and think that the bust is arguably the most attractive of all the UK queens. I also like the history behind the term 'godless' and then of course there's the brutal truth that I'd have preferred a good gothic crown but these are simply out of budget. The reverse may be a little busy but there's certainly a lot to look at under the loupe, so I'm very happy with this purchase. I plan on adding a good quality later gothic florin at some point in the future. Forgive my poor photography skills, I'm hoping these will improve somewhat throughout the thread. I have a D7200 but really need a suitable macro lens to get the best out of it. My photo editing skills are almost non existent too, so bear with me! I'll work on the editing... Official CGS pics of same coin.
  6. 1 point
    Newly acquired, believed to be S. 2337E
  7. 1 point
    May I add my own thanks too, Prax. I find it fascinating to know some of the history of the great coins that come to market. It just adds to the joy of collecting. I remember the slender 3 going way beyond my budget and I never knew that an Unc open 3 was lurking behind the scenes. There are always more wonderful specimens to emerge and excite us all. Thanks again.
  8. 1 point
    Too many people have asked me about the slender 3 and why I exited the market only to re-enter a few years later. Here's my story between 2003 and 2011. Collecting coins was always a hobby of mine. But only in 2003, after moving to Cardiff, did I take it seriously. I used to buy silver and gold coins in bulk from scrap traders and jewelers only to separate the half decent coins and sell the rest on as scrap. This way I began to build a decent collection by only paying slightly over bullion value for coins. Slowly by 2004 I started to buy non bullion coins as well. Within a year I acquired a few very rare pennies, including an UNC 1903 open 3; and became more interested in pennies. In those days the demand for pennies was stratospheric (I am of the opinion that the market for coins is subdued at the mo). On ebay you had people like C Morgan, Tony C, L Bamford, M Platt, C Davies, G Schindler, F Fiona etc who'd snap anything of interest and the selling price for pennies in auction-houses wwas pretty steep too. If you recall in 2003 a decent sovereign was selling for £45 - 60, yet at the same time a cleaned 1875 H specimen penny from the Adams sale was going for about £960 (https://spink.com/lot-description.aspx?id=3011262). I still retain this coin (The same coin will perhaps sell for around £1500 today but a sov is selling for around £200). So I decided to sell my pennies and invest in silver. By 2009 a mate and I had about 300 kgs in silver and we started a refining business in Birmingham producing 990 silver for big names to put their stamp on. By 2012 the metals market nosedived and I exited the business after taking a 30% cut on my investment. However rather than taking my share as cash, I took just over 90 kgs in pre 1920s silver. Again I sold all the 1911-9 coins and damaged coins for scrap and I still retain over 30 kgs of at least clear date pre 1911 silver, which have not been checked for variants. I have stocked this in an bank vault and I intend to use this for my retirement project. Must be fun sorting through each coin using an ESC book, some of which are from the mid 1600s. Since 2013 I have returned to pennies and have started rebuilding. Coming to your other question 19k was pretty good but considering the demand at that time I'd say it wasn't unexpected. I had a cash offer of 13k for the slender 3 and 5k for my 1903 open 3. I gave the coin to LCA on the condition that I would take 13k+ (after commission) or not pay the commission if the coin did not sell. The die number 5 penny, which sold a year prior, went for more than the slender 3. The pattern 1933 sold for over 30k during the same time. The market then was very buoyant. In my opinion (adjusted for inflation) collectibles' prices are low at the moment. Property is on the up (but I believe it might have peaked) and this is precisely why I created a tread called markets in the "everything goes" section
  9. 1 point
    US TPG companies don't bother about verdigris or carbon spots. That said carbon spots are not taken seriously by CGS either. Carbon spots do not harm the coin they just diminish the eye appeal. Verdigris on the other hand is a problem that can harm the coin and US TPGs will ignore it until recently. Lately PCGS and NGC (if I am not mistaken) have offered the option to conserve coins that they have graded. http://news.coinupdate.com/pcgs-adds-new-and-simpler-services-raises-fees-1733/ This means they now acknowledge verdigris as being a nuisance and will have it removed for a fee. However they state clearly that they will only do this to coins that can be conserved and not to coins that are beyond help. I did speak to NGC as well and they did not seem to think verdigis was a serious problem. I know of many CGS coins that have had verdigris and have still been graded. The 1863 slender 3 that I sold had enough verdigris on it to be classed corroded. Look around the A of Victoria and the N of Penny. http://www.londoncoins.co.uk/?page=Pastresults&auc=126&searchlot=1643&searchtype=2 The fact that you are not able to search by UIN is worrying. Would you kindly send an example please with pictures of the slab and coin if possible and I will investigate it for you by speaking to my contacts in NGC and PCGS.
  10. 1 point
    Property will flatline or possibly move slightly up for the majority of the country. It won't collapse because the need for accommodation is too great. Ignore central London which is in a parallel universe and reliant on the whims of the very rich. There is sufficient money that needs laundering to keep the top end property market buoyant for years. All that QE and bribery has to find a home somewhere. Collectibles are where they always were. The best and the rest. The top pieces always command top dollar, but the pressure is on the also rans. It has become progressivly difficult to sell lower grade items for a good price (obviously with exceptions) as the internet has opened up new sources of material to the average collector. You are no longer restricted to a handful of shops in your local area plus Spink and Seaby if you subscribed. The world has always had more material available than collectors to buy it. More people are doing background work to seek out the more desirable piecces, essentially driven by computer databases. This keeps specialist areas buoyant. A lot of people jumped on the collectibles bandwagon when interest rates dropped to zero or thereabouts. In some cases this was not a question of making money, rather preserving it by diversification. The first real test of the market's resilience will be when interest rates creep back up again, as this will ask questions of those who diversified for reasons other than they like coins. I think the market has been moving slightly downhill for 'average' pieces for a while, but it depends on the mood on the day. A lack of fresh material will constrain prices, but a collection that has been off the market for half a century will usually do very well - think Marshall, Slaney, Boyd and a couple others. I don't think the market is likely to collapse given the level of disposable income and the changes in society mentality. A generation ago people saved up for a house. Today, a large number of people are unwilling to do this, preferring to spend their disposable income. It doesn't require a large number of people to take up numismatics to distort the markets given we are regularly talking about the number of examples of this that and the other that are available. With collectibles, the only important question in determining the trend is how much would it realise if I sold it today? People pay as much or as little as they feel necessary to obtain something, but I guarantee they want to sell for the most they can get, unless a forced seller.
  11. 1 point
    It's F762 because the reverse is upside down - if it's a normal reverse, it's F761 (both A+a).
  12. 1 point
    Yes london/cgs will be there and accept submissions. Ask for Semra
  13. 1 point
    No problem. Photojoiner is a Web based tool so no download. Just go to the site and edit away
  14. 1 point
    It will be interesting to see what they say. I may well visit the Wakefield coin show on sunday. Does anyone know if CGS will be there? If so, do they accept submissions at the coin fairs? Non, thanks for the heads up on the software. I'll download that later. One of the PC's does indeed have Windows 10 too so that sounds ideal. Incidentally this isn't my first coin, it's my first slabbed. I have a small sovereign collection and a fair few washers. I've wanted to take collecting a lot more seriously, but if I'm brutally honest after reading this forum some time ago I was put off. There seems to be a lot of dodgy dealers on fleabay and it seems all too easy to get caught out with forgeries, incorrect gradings etc. I have a lot to learn but the standard guide to grading British coin book, buying a few low value coins to compare in hand and continuing to bore you all with daft questions means I'm more positive about moving forward now. Hopefully there won't be too many mistakes made. God I hope that florin isn't cleaned!!!
  15. 1 point
  16. 1 point
    If it's rejected it will be going back for a refund! He reckons 78. I've been comparing it to an 80 rated coin earlier. The 80 rated coin is just a little bit better in regards to wear. The differences are very slim mind, so I think 78 is realistic. What made you suggest 78?
  17. 1 point
    Oh no, not more serious competition! I mean congratulations on taking the plunge into high grade collecting Mynki, lovely Godless there!
  18. 1 point
    Yes what a first coin Mynki, it actually looks nicer in the pictures you've taken (for me at least). Good luck on your journey into spending all your money on coins We look forward to some more stonkers like this!
  19. 1 point
    Hi Mynki, a lovely first coin! Regarding the photo editing, if your using Windows 10 you can crop photos down with the picture viewer it has. If not then you can use http://www.photojoiner.net/ to crop, resize and join pictures for free. I use Windows 10 to crop them and photo joiner to join the Obv and Rev pictures into one so they look like this: