coinmerchant
Unidentified Variety-
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Everything posted by coinmerchant
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I acquired this coin in a job lot I won in a coin auction, not eBay a few years ago. Although the coin looks genuine, I am not sure now, has the weight is 8.10 grams, not 8.0. The size is correct at 27.3 mm. I have checked other Fifty pence pieces and they weigh exactly 8.00 grams Could this be a copy or fake? I would be most grateful for your expert help. William
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Thank you very much for your input. According to Wikipedia these coins are refer to as Non-circulating legal tender( NCLT) Which means they could be circulated, but are not because of their issue price/melt value is significantly above the arbitrary legal tender value placed thereon. Jerry, you made a interesting point about the re-imbursement of the ‘presentation pack. To be honest though, its probably not worth the hassle. William
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Recently the Royal Mail Lost two Commemorative Royal Mint presentation packs enclosing a fifty pence. According to the Royal Mint website, both of these coins will not enter circulation and banks are unlikely to accept them. What I don't understand, compensation was paid for exactly the same coins last year, but now they are classed as legal tender and must be sent by Special Delivery. Would be interested to know if any other members have had similar problems. Best William
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At the moment I am storing my low grade silver coins in poly coin bags. Are these safe for long term storage. Any suggestions, regarding a better solution. William
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Most Conservative Graders
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
LCA: I presume you mean London Coin Auctions. -
Yes Coinery, I know the coin world takes no prisoners.
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The CGS website has been down for a couple of days, since i tried to use it. Any reason for this.
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Oops! I did not realise I was doing that. I do normally hold my coins correctly. Regarding the ex-mount, no excuse, I did actually view the lot and to be honest, I'm sure this was accounted for in the auction price, which in IMHO was quite reasonable. In Spinks 2013 its priced at £300 VF - Maybe put it on eBay for something between £100 - £150 ex-mount. Any suggestions. Thanks William
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Is the other Image.
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Acquired this coin in a auction lot I won recently. Looks to be in nice condition, possibly very fine to my untrained eye. Unfortunately I notice there are two tiny holes in the rim. So question is - how much does this devalued the coin? Again my thanks to any answers received on this topic. William
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Thank you for your replies and advice. William
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Got this In a collection I purchased recently. Any Idea whether this is damage or a error strike caused during the minting process. Also, is this coin now only worth the silver value? Be grateful for any views on this oddity. Best William
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Do not have a great deal of knowledge about coin collecting. But I have some coins like this, which have a brown sticky substance on the Obverse and Reverse. I would imagine they would best sold as junk/scrap silver. Any advice would be appreciated. Thanks William
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1845 Victoria Crown - Cleaned?
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
£130.00 - £200.00 Cleaned on eBay in very fine grade, having taken a look on completed listings. Plenty of nice shiny coins on there. Could make a nice profit! But I will be returning the coin. -
1845 Victoria Crown - Cleaned?
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
Hi Vicky, Well, I must be a very naive person then. I would expect it on the Bay, but not from a bone fide dealer. To any budding coin collector, be very carefully, trust no one! -
1845 Victoria Crown - Cleaned?
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
Thanks for the comments, and to tell you the truth, I'm a little surprised. I purchase this coin yesterday off a well know dealer, and according to his own words has been in the business for thirty five years! Of course he will take the coin back, and refund, but that's not the point. The dealer, should at least mention that the coin may have been cleaned in the past. Just for interest, how much would this coin be worth now, to other collectors, taking into account the cleaning and graded very fine. I 'm sure I could sell it on eBay for about £150.00 and get the price, but that would not be right, would it! Cheers William -
Problem Coins
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
I must thank all the members that have replied to this thread and giving me some excellent advice, which has been taken on board. I spent yesterday afternoon, calulating the value of the two lots I purchase through the saleroom recently. I use the Grading British coins by Derek Francis Allen, and was very strict with my grading, possibly under grading, so as not to kid myself. There were a total of 19 coins all crowns, mostly late Victorian, some 1821 George IV and 1844/1847 young head. I first used Collectors Coins GB 2011 Edition and total valuation was above what I paid for by around 15%. I then used eBays Completed price search and using the lower prices was about 5% up. So taken all things into account, especially as I am very new to coin collecting, I don't really have much to complain about really. I'm more annoyed with myself, regarding bidding for a mixed grade lot, which really tells you nothing about the grades, and was rather stupid to bid on in the first place, without seeing the coins in person. Cheers William -
Problem Coins
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
No problem at all. As you said in a previous post, its not going to make much difference, because of the condition. Saying that though, I expected better from a auction house. This type of thing you would expect from eBay. And at least with them, you can send the item back for a refund, as most sellers of coins on there, will offer this option. The auction houses will just hide behind there terms and conditions. I will never buy through the saleroom again. Its just a gamble! and a poor gamble IMHO when you think about it. -
Should I Be Concerned?
coinmerchant replied to coinmerchant's topic in British Coin Related Discussions & Enquiries
Thank you