Good evening fellow collectors ....I just won two coins from the Heritage auction tonight and I'm happy to say I added two upgrades to my collection the 1922 25 Aurar at MS-64 is replacing my MS-62 and the 1942 25 Aurar MS-62 is replacing my MS60. The only thing is that the MS-62 does not look better then the MS-60 and I had two at that the 60 grade . One thing I have noticed over the past 8 years dealing with submitting my coins to NGC is that they have been giving out better grades or one great higher than they would have a few (3 years ago) what I'm trying to say is that they seem to have relaxed their grading standard in the last few years and I have also noticed that the Icelandic coins they graded in the past also show a some what of a fluctuation in the grading standard ....I have recently seen a 1929 2 Kronur NGC MS-66 that must have been graded over 8 years ago because I thats how long I been sending coins to NGC and my MS65 is a whole lot better and this goes for many of them..
Nice. What got you into Iceland coins? I have a few raw, lower mintage ones. Have you noticed that in comparison to US coins, the pickings of graded world coins are much slimmer. I wonder if it's because there are less world coin collectors, less use of TPGs, and/or less world coins in top conditions. When I buy world coins that are graded, I worry if it's a bad investment from time to time. When you are paying over 50 dollars for one coin, financial aspects would seem to come to anyone's mind
Hi Joe...Thank you. what got me into Icelandic coins was for one , I'm half Icelandic but the main reason is that I collect U.S. coins too and being that U.S. coins are getting very expensive for me because I like early U.S. coinage in Unc and we all know how much they go for,,,,as the saying goes Champagne taste with a beer pocketbook. As far as world coin's as a investment is very tricky some go up in value but it's a long term thing ,,not something I would depend on for my old age. While US coins has a much larger collector base with people willing to pay top dollar for most coins minted before 1935 really helps drive the market,,,,its almost like a frenzy so to say. mintage of world coins are usually lower than the US coins but that has no effect on prices of world coins and one of the reason for such low prices of world coins is the Krause world coin price guide for collectors of these coins in the US ,,if you look at other price guides from other countries you will find that they are higher in value. but since most world coin collector live in the US ,,the Krause book is the bible of world coins. If my Icelandic coins were US coins with these low mintages they would be worth a large fortune
Yeah Krause is helpful but makes you itch your head from time to time. I didn't know other priceguides around the world were different. I haven't checked out any of them, probably because of language issues. I have the official red book of Canadian coins, which is nice. I have a few Icelandic coins. Those are the polar bear ones? Wait, I think that's Greenland. I might not even have one coin from Iceland! Hmm..I have to get at least a few. I collect mostly world but I like US barber coinage, silver dollars, etc. I buy a lot at flea markets so I basically am looking for deals, and that can turn out to be in US or world.
I like the Barber coins too but they can get very pricey as well. The better Canadian coins could be a good investment for the higher value stuff. The Canadian coinage as far as collecting goes is close to US collecting and there stuff can go for a pretty penny.
Yeah I got a lot of Canadian stuff. The collector base is pretty lively there, and exists on some level in the US too, but since their mintages are relatively lower in all series it might just be an undervalued area at this time. I especially like newfoundland coins, since their mintages are even lower and the coins are similar to Canadian coinage.
Nice coins. I wish I could find some good examples as well. These are the best I've been able to find of the zinc coated issues.
The zincs are tough because of common corrosion. I've seem some nice examples labeled as corrosion or something similar just because of a little white stuff on the coins. The pics above look nice
Iceman57, do you have a good example to post of the 1942 10 Aurar issue? I have never been able to find one in decent condition.
I do have one nice 1942 10 Aurar I'm going to send to NGC for grading but I don't expect a grade better then a MS-63...like joecoincollect said the zinc coins are so hard to find in really nice condition because of the metal its made from. I will post a pic later on when I get a chance to. Your 1942 25 Aurar looks to be a nice one. Siggi has a real nice 42 10 Aurar,,,It came back a MS-64 by NGC.. I will post a pic of his coin as well.
