bob-e Posted April 18, 2004 Posted April 18, 2004 HI Sylvester.Can I ask you another favour?Wondered if you would look at this 8 Reale coin for me and grade it.8-Reale Seville MintJust got my new book from Amazon and trying to put a price to some of my coins.I have been told that the Krause books over price the coins a bit.Any truth in it?Cheers for any info coming this wayBob Quote
Master Jmd Posted April 18, 2004 Posted April 18, 2004 VF or EF maybe (?)...the shine could be due to the flash on a camera maybe (?) Quote
mint_mark Posted April 18, 2004 Posted April 18, 2004 Wondered if you would look at this 8 Reale coin for me and grade it.8-Reale Seville MintJust got my new book from Amazon and trying to put a price to some of my coins.I have been told that the Krause books over price the coins a bit.Any truth in it?Hi Bob, I'm sure Syvester will be along later with his early milled expertise... in the mean time I would say comfortably VF.Krause is most useful to me is as a list of what exists... the values in there can vary both ways, especially for me in the UK. Are they values in the US coin market? Are the grades US grades or "local" grades for each area? What was the dollar exchange rate when the book came out?Some countries have wildly different values in different books... like Ireland. UK prices seem to be higher than Krause at the moment, but Chris should be able to give a dealer's perspective. Other coins are more common than the values would suggest. Sometimes Krause is a valuing nightmare... I have a really nice coin, full lustre and barely a trace of wear. Krause says XF 0.75 and UNC 25.00... what am I supposed to do? *sigh* Quote
Sylvester Posted April 18, 2004 Posted April 18, 2004 I'd say AVF, there's not much left of them laurels, same with the hair.But the obverse is comfortably above GF.Might get a VF on a good day, but i'd grade it AVF. Quote
Half Penny Jon Posted April 18, 2004 Posted April 18, 2004 I would agree, GVF/VF. Can I ask if the shine is due to a camera flash or polishing? Quote
Sylvester Posted April 18, 2004 Posted April 18, 2004 i knocked the grade down because of the shine Quote
mint_mark Posted April 18, 2004 Posted April 18, 2004 I'd say AVF, there's not much left of them laurels, same with the hair.But the obverse is comfortably above GF.OK... I've never seen a good one so I was guessing to an extent I looked at the reverse and noticed there were still plenty of beads on the crown, but maybe that is not diagnostic for these...He does always have a nice, happy smile... surely that's worth half a grade? Quote
Sylvester Posted April 18, 2004 Posted April 18, 2004 OK... I've never seen a good one so I was guessing to an extent I looked at the reverse and noticed there were still plenty of beads on the crown, but maybe that is not diagnostic for these...He does always have a nice, happy smile... surely that's worth half a grade? It's the obverse that matters on these, in striking relation the obverse is much higher relief than the reverse, thus wear shows there first primarily.The reverse had to be in lower relief to allow the obverse to be as high as it was, otherwise you would have had clashed dies and ghosting.Funny how over different time periods they alter things differently.With EM they sacraficed the reverse for the obverse, in Modern Milled, thinking of Geo V pennies they did it the other way around, thay shrunk the effigy to prevent ghosting on the reverse. Now if the reverse had been a flatter and plainer design there wouldn't have been as much ghosting. Quote
bob-e Posted April 18, 2004 Author Posted April 18, 2004 Hi AllThanks for all the advice. Lots of good info there.Penny/Sylvester. yes it was the flash that has put the shine on the coin. [top right]Mind you it has turned out quite shinny after the electrolyses cleaning.Here’s a pic of it when it came out of the water.In a coin collectors eyes it’s a big no no to clean the coins’ but in our case we have no choice.Not necessarily to find out what type of coin but to see if it is a coin at all.A few times, I have spent hours cleaning something only to find out that all I’ve got is a manky button.I get the point about different prices advertised.Just checked an old Krause World Coins book published in 1993 that someone lent me and that 8 Reale [seville mint]is priced at $18:50 US. Fine condition.The price for the same coin in the new Spain. Portugal and the New World Krause coin book is $525:00 fine condition, “am I missing something here†looks like I’ve got a lot to learn.AVF/GVF/NVF I know the basic ones but you got me on those [Not in the book]Thanks again.Bob Quote
Sylvester Posted April 18, 2004 Posted April 18, 2004 AVF = Almost (or about) Very Fine (but not quite, has VF details though)GVF = Good Very Fine (better than very fine, but not as good as Almost EF)NVF = Near very fine is the same as almost very fine.Now for the price, right...Lets say a VF goes for $20, and an EF goes for $60.GVF would go for about $30NEF/AEF would go for about $50If you had an AEF with a scratch or something that slightly hinders the grade then it would be 'AEF with Scratch = $40'That make sense.It can get more complicated, especially if your in America, then you get EF40, EF45 and the like. Quote
bob-e Posted April 18, 2004 Author Posted April 18, 2004 Thanks for that Sylvester.Will save them for future reference.CheersBob Quote
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