World Coins: Your Newest Acquisition!

Just got this in today. Was really pee'd about how the seller had shipped it from Portugal. He really should have taken better care seeing how its 292 years old and thin. Not to mention i paid a pretty penny for it. Next step is to have it graded and slabbed.

Excuse the poor color in the photo, once i move i plan to have a better setup to take pics of coins like this.

 

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got this from a friend. he said he received it from one of his friends dad. his dad got a whole bunch from his friend who does scuba diving where they recover sunken ships. anyways i thought it was interesting and he gave it to me. i know there is hardly any detail left but if anyone has any idea of what it is it would be greatly appreciated

 

and why is that so crucial???????????????

 

Several reasons. I'm a newbie want it authenticated, and i would like it graded as its the best example i have seen of this coin. I also want it professionally slabbed to keep it safe. And by slabbing/grading it, i believe it will increase its value by more than the cost of grading.

And why are you so against grading?

 

i'm not against grading, i grade all of my coins, i do it myself and am very adept at it, as for slabbing, it is an american thing that will never catch on in the uk and it really does not improve the value of the coin, the coin is woth exactly the same.....................slabbed or not.

 

Nothing special but its my newest "latest" acquisition

Fiji 1942 Florin.

 

1935 Canada Silver Dollar MS66 PCGS

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Are you suggesting that a self-graded coin is worth just as much as a PCGS graded coin? Your very trusting if you are.

 

i have been grading my own coins for 48 years, and without wishing to sound boastful i am quite good at it, i go to auctions quite regularly in my country and have noted that the overwhelming majority of coins offered for sale are "raw". at present i am having my own collection appraised for auction and the rough guide at present is that it will reach £1,000,000, that is mainly due to an exceptional collection of english civil war coinage including siege pieces which is regarded as one of the finest in private ownership. and not one of my coins are slabbed, so by your reckoning if i had paid someone probably with far less experience in grading to do the same job that i have done, and then had them all entombed in plastic then they would be worth more??.................................i think not.

 

I truly appreciate people like you who have nice coins and sell them without slabbing them first. If it wasn't for people like you, I wouldn't make nearly as much money buying raw and slabbing. Thank you.

 

When your talking about very high end coins, the slabbing is not going to be much of a price booster since anyone willing to drop serious $$$ on a single coin will decide for themselves what the grade is worth, and the coin might be so rare that grading will play even less into pricing since few examples might exist. Those sorts of coins are more likely to be sold at a high end auction than something like ebay so thats a different ball game.

But when your talking about coins in the hundreds, or low thousands, i believe slabbing/grading them makes a difference (and it appears moneyer12 is living proof of what i am saying).

I'll be the first to admit i'm a total rookie at this coin game, but i'm confident that if i slabbed this and relisted it that i could get more money for it than i paid for it as the grading would verify its condition and legitimacy from a respected source.

 

Just ordered tonight, my favorite "foreign" but more like a cousin,
Canadian 1968 proof like set. I think Canada has some of the most
interesting coins.---John

 

Well, at least you're honest.

 

Got these last week. a 1/10th Oz and 1/20th oz Year of the Dragon coin from Australia.

 

and how would you entomb these coins from the english civil war??

 

Are you reading your own posts? Are you suggesting that because those coins are difficult or impossible to slab that no one should slab any coins? I would slab the coin i posted, but i wouldn't slab a 2012 penny.

Different horses for different courses.

 

it was a genuine question, how would those coins be slabbed!!!!!!!!!!!!!!!!!!!!!!!!!!!!! get from up your own arse

 

Didn't sound too genuine seeing how you started by saying you had 48 years experience and £1m worth of coins.

And "you" don't entomb them, the grading company does.

 

the question was about the shape of the coins being difficult shapes and how would they fit into a slab!!!