Paulus Posted July 13, 2016 Posted July 13, 2016 (edited) 13 minutes ago, mhcoins said: Thats ridiculous, the problem we have with this alternative grading scale is it simply confuses the buyers. For example MS63 (PCGS / NGC) for a milled coin is not uncirculated, Uncirculated beings at MS64. The levels which a coin is considered GEF is IMO 61 - 63 Ummm, and the sellers / dealers! I couldn't agree more, the decision to use a different scale and then to change it was a big mistake! I don't like the US term Mint State (MS) for coins below aUNC though Edited July 13, 2016 by Paulus Quote
azda Posted July 13, 2016 Posted July 13, 2016 12 minutes ago, mhcoins said: Thats ridiculous, the problem we have with this alternative grading scale is it simply confuses the buyers. For example MS63 (PCGS / NGC) for a milled coin is not uncirculated, Uncirculated beings at MS64. The levels which a coin is considered GEF is IMO 61 - 63 MS61 I'd agree with being GEF, 63 is knocking on the door of UNC Quote
PWA 1967 Posted July 13, 2016 Posted July 13, 2016 A nice coin ....is a nice coin....unless your selling them it does not matter,but i am putting them away(apart from duplicates) for a long time. I have over two hundred slabbed cgs pennies ....Boooooooooooo I dont just have them graded just for the grade ....more importantly are they ok and not rejected. Believe me ....some people with years of experience would perhaps be suprised with rejections, proven faults with some coins. Someone like me who might pay a few pound for a coin ,happy to pay a bit more for a second opinion as putting the coin away for a few years. So for me i am not too bothered about sheldon scale or any scale... more is the coin OK. Grading companies just grade the coin more often than not....i have good mates with years of experience can do that. I want someone to tell me as a second opinion if / whats wrong with it....a lot harder. Pete Quote
Paulus Posted July 13, 2016 Posted July 13, 2016 4 minutes ago, PWA 1967 said: A nice coin ....is a nice coin....unless your selling them it does not matter,but i am putting them away(apart from duplicates) for a long time. I have over two hundred slabbed cgs pennies ....Boooooooooooo I dont just have them graded just for the grade ....more importantly are they ok and not rejected. Believe me ....some people with years of experience would perhaps be suprised with rejections, proven faults with some coins. Someone like me who might pay a few pound for a coin ,happy to pay a bit more for a second opinion as putting the coin away for a few years. So for me i am not too bothered about sheldon scale or any scale... more is the coin OK. Grading companies just grade the coin more often than not....i have good mates with years of experience can do that. I want someone to tell me as a second opinion if / whats wrong with it....a lot harder. Pete Lot's of different reasons for using a TPG Pete, and I agree with what you are saying Quote
PWA 1967 Posted July 13, 2016 Posted July 13, 2016 Thank you. I am not being difficult,its not always about grade. For me its about has it got a PROBLEM i didnt notice. A lot of people miss the obvious because they dont want to see it IMO. GRADE mad ...not looking at the problems Quote
Paulus Posted July 13, 2016 Posted July 13, 2016 Plus, is it authentic, what variety is it? (CGS are good at this), looking back £13,75 per coin was a bargain and I was pleased with the results, if not the customer service or time taken! Missing them already! Incidentally, if you have a UIN you want to look up, there is a way of still doing that Quote
PWA 1967 Posted July 13, 2016 Posted July 13, 2016 (edited) Yes .....I would show a coin to three people and they might not be far off with the grade. Its the one who finds a fault i am looking for ....That as i have found and studied over the last few years is a lot harder. Lights,magnification,edges.....Has it got FAULTS They are never going to be perfect but the knowledge Paul had with regards rejections at cgs was quality ,can only talk about pennies. Just a phone call and i made dozens....Paul.... what do you mean ?..... explained in depth and sure he was pissed off with me asking questions untill i understood. We all want to learn and sometimes as with anything costs money......as does grading. Exceptions too everything ,you may not agree . They put in a slab and tell you about things that a lot of selllers / buyers wish to ignore or not mention. YOU PAY FOR SOMEONE INDEPENDENT....might not be good news You pay ... and they tell you an opinion...and saved me a lot of money in the first couple of years with rejections and learned a lot also. I had quite a few rejections on coins worth £500 + and got my money returned from dealers straight away , who i continue to buy from. I have learned a lot more since and continue to do so..from in some instances Pauls explanation. So for everyone who wants to put a bad word in not a problem as your not interested and if you are happy you will never need them. From me Be lucky. Not a sales pitch....infact not anything ......but the truth. Pete. Edited July 13, 2016 by PWA 1967 Quote
Paulus Posted July 13, 2016 Posted July 13, 2016 Whatever happens next I hope Paul is still part of the setup, they have their place in the scheme of things in my reckoning I would not have got refunded on my dodgy Northumberland shilling if it wasn't for CGS, my first involvement with them Quote
AdamCurtis Posted July 14, 2016 Author Posted July 14, 2016 It has the number CGS 65. I'm torn whether to hold on to it or sell it at the moment! Out of curiosity, where would be the best place to sell the coin? Quote
azda Posted July 14, 2016 Posted July 14, 2016 (edited) 6 minutes ago, AdamCurtis said: It has the number CGS 65. I'm torn whether to hold on to it or sell it at the moment! Out of curiosity, where would be the best place to sell the coin? Paulus means the UIN number and not the grade number, the UIN would start with 00 and would look like 0034567 for example. Selling the coin you'd have choices, such as Baldwins, Londoncoins or DNW, your best bet IMO would be St James as they have a 0% commission fee for sellers on coins over £1000 hammer, which yours would be, the other take between 10 and 20% i think Edited July 14, 2016 by azda Quote
AdamCurtis Posted July 14, 2016 Author Posted July 14, 2016 I'm at work at the moment I'll post that number when I've finished. Quote
Paulus Posted July 14, 2016 Posted July 14, 2016 6 minutes ago, AdamCurtis said: Number is 39741. And you have it back? Still waiting on mine numbered 39472 onwards! Quote
Paulus Posted July 14, 2016 Posted July 14, 2016 16 minutes ago, AdamCurtis said: Number is 39741. Here are the CGS pics of your coin Quote
AdamCurtis Posted July 14, 2016 Author Posted July 14, 2016 Yes I have, I received it yesterday! The CGS service was horrendous but they are going through some sort of re structuring apparently. Quote
VickySilver Posted July 14, 2016 Posted July 14, 2016 Wow, that picture really shows some lovely toning. IMO, preferred to the technically higher ranked/numbered pieces that have been mucked with or dipped. Quote
Peter Posted July 14, 2016 Posted July 14, 2016 Adam that is a beautiful example and has a lot going for it. I would expect it will appreciate because there will be a lot of slobbering H/C boys (as the Mancs say "Mad for it") Quote
Stuntman Posted July 14, 2016 Posted July 14, 2016 I think lots of serious collectors would love to own a specimen like that. The obverse in particular is lovely. In deciding whether to keep it, I suppose it depends how much emotional or sentimental attachment you have to it, Adam? For example, if I wasn't particularly interested in stamps (I'm not) and someone left me some rare stamps, I wouldn't hesitate to sell them (and probably spend some or all of the proceeds on something I did want, like a sculpture or a painting, to remind me of the valuable original item). Good luck with your decision. You have something very special. Quote
mhcoins Posted July 14, 2016 Posted July 14, 2016 yes its a nice coin but IMO thats an awful picture Quote
mhcoins Posted July 14, 2016 Posted July 14, 2016 I would also suggest that the GEF grade given, is rather generous judging by the pictures. Unless this is a common issue with 1840 halfcrown, there appears to be very little detail on the Reverse shield lions and harps Quote
VickySilver Posted July 15, 2016 Posted July 15, 2016 Many times not struck up, this does not mean the coin is actually worn - at least to that level. I would not quite give an American MS, but rather AU55-8. Still lovely though. Quote
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