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Peckris 2

Coin Hoarder
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Posts posted by Peckris 2

  1. 9 hours ago, Madness said:

    @RobOn an unrelated note, many of the examples of the 1787 shilling I've seen have a small raised dot in the centre of the obverse.  Is this an artifact of the manufacture process?  If so, what does it indicate about how these coins were made?

    (Apologies for leaving Rob's name there - when editing the quoted post I didn't seem able to remove it).

    You really want to track down that article in the BNJ (issue 74?) which is the most comprehensive piece on those coins that I've read.

    • Like 1

  2. Catalogues and guides that list prices are simply estimates of the coin's approximate value in whatever country / currency applies where the guide is published. Things like VAT are absolutely not relevant, as the values listed are not actual selling prices and therefore any tax would not apply.

    However, when buying from a (UK) dealer, bear in mind that VAT will be included in the price asked and may have been a factor in the price the dealer decided to sell at (also bear in mind that a dealer will only use a guide to get a rough idea of the market; his actual selling price will be gauged on

    • how much he/she paid
    • what demand there is for that particular coin
    • if there are particular buyers in mind 
    • how quickly a sale is required 

    When buying from an auction house, bear in mind that they will add VAT to the hammer price, plus whatever buyers premium applies there.

    So the most important thing to remember is that a coin guide is just that - a guide. The only value a coin has is what anyone is prepared to pay for it. Tax matters are outside the scope of guides.

  3. 8 hours ago, Madness said:

    I've found three coins on the website of "Michael Coins Ltd" that I'm interested in:

    1787 Shilling with hearts EF?/EF   75 GBP

    1787 Shilling - No dots over head EF+/-pAS   285 GBP

    1787 Sixpence with hearts EF(+)/EF+   105 GBP

    The prices seem to be fair based upon what I've seen.  Unfortunately, the images aren't the clearest.  I've sent Michael an email requesting higher resolution photographs.  Has anyone bought from him before?  Is his grading generally reliable?

    Thanks as always

    That's Michael Gouby, a leading light in the dealing and numismatics world. He wrote one of "bibles" on pennies - The British Bronze Penny - and what he doesn't know about coins probably isn't worth knowing!

    I think you can trust him!, and I'm pretty sure he has a cast-iron returns policy?

    • Like 2

  4. 9 hours ago, Madness said:

    That would be helpful, thanks @Peckris 2.  I'd like to make articles easy to find and to search by subject rather than browsing through are list.  I've found a few examples of free Library Management Systems that are cloud based that I'll mess around with.  Overkill, no doubt, but superior to an Excel spreadsheet.  Might need permission, though, from BNJ publishers.  

    Will do, though it won't be today (Big Day Out...).

    • Like 1

  5. I may be talking through my arse here (it's been known...) but AFAIK there aren't Taylor restrikes of the currency 1797 coins? And yes, your pictures above are of the genuine striking - though that may be a proof if described as FDC (there are Taylor restrikes of proofs but that doesn't look like one).

  6. My first computer was a PC with a 20MB HD ... which I only filled just over half. Then an Apple laptop 200MB ... two thirds full, then a later one with a 3GB drive ... ditto. When I graduated from there to an iBook 20GB, I filled it regularly.

    Rewind before all that to the late 80s and my Project Manager came in and told us that every user (we had dumb terminals linked to an IBM mainframe) had a workspace that had been increased to 2 gigabytes! "Two what?" I asked him, open-mouthed.


    8 minutes ago, Madness said:

    What are your musical tastes @Peckris @Peckris 2  and @Peckris 3.1415927 ?

    Everything and anything good. I do have a few blind spots: opera is one, mainly due to opera singers being trained to wobble their voices a semitone either side of the note they're striving for; not so keen on raw Mississippi Delta blues (though I do like the electric Chicago blues invented by BB King); punk has always left me a bit inclined to run in the opposite direction; and I do think modern rock music - Coldplay and their ilk - doesn't have an awful lot to offer anymore.

    Apart from that, anything goes!

    • Like 1

  8. Yes indeed - most of the reign of GEorge III (until 1797 and 1816) had seen a crisis in the money supply. The last proper silver issue (excluding very limited Northumberland shillings) was 1758, and coppers after 1754 only struck between 1770 and 1775, supplemented by a huge and varied production of trade tokens. The variation in size and weight of regnal copper coins from 1797 to 1807 (they had to have their intrinsic value of metal) shows how the price of copper was fluctuating, and I'm sure that applied to silver too (see the early 19th C official tokens). It was only the abandonment of the need for coins to have their intrinsic metal value - i.e. "a token coinage" - that allowed the much needed Great Recoinage of 1816 to proceed, and it's telling that the size and weight of gold and silver coins thereafter was a constant from 1816 to 1971.

    • Like 1

  9. 3 hours ago, Taikonaut said:

    Royal Mint is now selling coin cabinets. I wonder who is making these?

    They look virtually identical to the Nicholls cabinets - either he's got himself a good contract with the RM or they've bought his  designs (in which case I do hope they include an acknowledgement somewhere on the finished item).