azda

I’m with sword on this one

I think if you compare JM Una picture and compare it against the PCGS picture there’s definitely a huge difference. Take the picture is the correct lighting set up and the hairlines disappear.

It’s quite possible that Spink doesn’t look at slabbed coins? @CoinageBritannia can maybe tell us?

I agree with you Alan, I’m not saying you are selling these, I just think some are pushing or trying to force these high prices, of course, there are people who are willing to pay these prices, but as I said on the thread, these coins are not really for collectors at these prices, these are for investors who have more money than sense. Yes I’ve sold a few coins at profit, but my profit would be 100-200, not 1000s, I don’t begrudge anyone making money, but when there’s figures being plucked out of the air such as 60k for a 1937 £5 where does that figure come from? That’s 6x the price of a complete set, sorry, but I just don’t get that, same with the currency 1887, a set recently sold at LC for £3800 which definitely shows there’s more money than sense in the numbers game

Yes I wasn’t sure, but wow that’s some price, I personally don’t see the appeal of that sort of money for the coin. Grade chasers.

The funny thing is, the 64 is quite common in that grade, 33 at PCGS and I think there was 38 at NGC

There’s now talk of a 1937 £5 in 67 grade that should be worth £60k 🤣🤣🤣 honestly, throw a dart and see where it lands 🤷‍♀️

If we’re talking about the same coins here? the coin that was being discussed was a raw coin, Menzies said if it would get an MS64 then it would be £6k, I disputed that and showed a recently sold MS64 that sold for $3800 inc commission. Someone popped up with an MS64+ PL which was a ridiculous $7kxx which I said wasn’t a straight MS64, these boys are just pushing their own agenda of greed imo. But I may have crossed wires as you never quoted which reply you were talking about, I've assumed the 1887 as you quote MS64, but you might be talking about the 1893 which would be PF or PR grade

You should see what some dealers are trying to charge for an MS64 1887 5 sovereign, £6000, geezus, you can buy the complete currency set for less. I feel some dealers (British) are playing on these numerical grades now (saying they are investments) and trying to pump the shit out of coins

Awww come on, this coin is the 2nd head and includes nose, can't get much better than that

A coinarchieves type system would be good, at least we could search.

I agree entirely on this, maybe something @CoinageBritannia can take onboard as another project for the Spink website

The next coin came from the recent BSJ sale and yet again another PCGS coin and again a coin with a large price tag attached and again hairlines that should have merited a details grade the REV for me having excessive hairlines, whether mint wiped or from elsewhere, these coins shouldn't have been give a numerical grades on the grounds of excessive hairlines, but as you can read from my first post, it's not really about the coin anymore, it's obviously about the money and greed that exists within the hobby by some.

This is the actual picture uploaded by the dealer, the hairlines should have given this coin a details grade "excessive hairlines" there was a little chit chat to and fro, one dealer telling him to submit again for conservation as the 2nd dealer did with a 1911 £5 and got a higher grade and sold for an extra £5k, my comment was the first on the UNA and I said I was surprised it didn't actually get a details grade due to the excessive hairlines, another guy said the same, others were in the numerical camp.

I use a facebook group for Sovereign discussions and for people to upload their pretty pictures. One dealer uploaded an UNA £5 and asked if we though it was undergraded, now judging by the picture from PCGS I wouldn't have given it a second glance, but as you'll see from the next few posts I believe that PCGS are favouring higher end coins when grading. This 1st picture is of course the PCGS picture

If it was £1100 I think I would have bidded, it was £110,000 with commission £133,000

Don't worry, these guys here will keep you busy for a while, they did the same with Neil Paisley 😂

I see you made it here Greg 👍

😆

Why did you tell the boss in the first place? Lol...........

Welcome to the forum Adam, you're in good company as this forum is full of penny collectors, I'm sure you'll pick up more knowledge here from these guys

LCA is outdated and living in the past, i’ve Not bidded with them for years due to the fact they can’t move into the 21st century with their auctions, it surprises me people consign with them because they could possibly get better prices for their coins from auctions that have an online bid facility.

Not sure about that 1854 Shilling being MS64 (lot 39) to the left an MS62 graded by NGC and to the right the Waterbird coin

NGC states that they don’t alter any surfaces during their conversation process, I often wonder what they do though, if joe bloggs dips a coin it’s cleaned, if NGC does the same it’s called conservation 🤷‍♀️

I agree, that's where the haggling comes in 😉