Do your homework spock. I gave you links to realized auction prices, if you take the time to look you will see all of the dealers who hold those auctions. Then all you have to do is look them up. It's a lot easier for me if you do your own legwork, I just point you in the right direction Wanna bet ?
Yeah they have one that sold for $2500, unfortunately it's not the same coin. You need to look a little closer - like I keep telling you - sloooooooow down. That coin was a - Victoria gold Proof Mule Restrike Mohur 1862, KM-A481. Bit of a difference there. Heritage did sell 2 others besides. One of them, another Proof restrike sold for $920. The second coin, an actual circulation strike, sold for $805. Keep tryin
GD i know mohurs like the back of my hand. The restrikes are a dime a dozen in their glory days. hell even the originals were about 3-$ 4$ a pop as long as 70 years ago (based on the then exchange rate). I am not looking at these coins for the first time I grew up playing with them. Ther is a bit of a difference the restrikes actually bring the pricedown in most cases at least inthe country they were minted. there are so many of these that are not even listed or recognized by KM.
I'm not doubting any of that spock, I'm just quoting facts - actual realized prices. Now I've showed you quite a few - you show me some and then maybe I'll see things your way.
sure. how will we resolve the bet? i could always buy a coin that you say is EF (withing reasonas long as i like the coin) for under $1000 if i win you send me a common dated morgan and if you win i will send you one. Please be aware that i will be sending my coin to PCGS. so let me know if you are still up for it. I have a condition though the mohur thta i was talking about has to be a gold coin issue dunder the name of the british monarch and it does not include the 15 rupee coin the value of the mohur from 1918. so you ahve 1835 to 1900 to play with. let me know.
Fine, I'll look for the coin. But there are at least a half a dozen people on this forum who will tell you the same thing.
Talk is cheap what we want is action. If it was anyone else telling me that they can get mohurs for under $1000 in ms i would tell them to go grind salt but since you are the one i cant say that so we now look forward to your findings.
As far as I am concerned I already have proved it. ONly issue is that you refuse to believe that a TPG will grade what a European seller calls XF as MS. That my friend is a well known fact. Heck, for that matter I've shown several times where the TPG grades a US coin in XF/AU as MS.
Spock, I admit I don't know much about Indian mohurs other than I love the design particuliarly the 1841 design with the lion and palm tree reverse. I will have one in my collection one day .... in MS grade but ... I can attest that personally I have had 5 gold coins which were purchased from large reputable european auction houses (ie. Kunker, Elsen, Raunch) as well 2 from Stacks that were graded "EF" that graded out as MS 61-63 by NGC. I also had 2 "EF" that graded AU-55 and AU-58. So my experience is that most European dealers "EF" gold coins will grade at least AU-55 with the majority MS61-63. I don't know how PCGS would grade them but is my opinion that NGC has far more experience grading world coin than PCGS so I trust their grades. On US gold I prefer to trust PCGS. The only problem I have ever had with European auction houses is that 3 of the coins I purchased although very nice looking in hand had light cleaning and were "no grades" by NGC. This is why purchasing coins from European dealers at auction can be very risky if you are not allowed to return them ... read the Auction terms very close. UBS allowed me to return an auctioned coin for full refund - shipping but most will not since the only thing they guarantee is the authenticity of the coin not the grade. As photos are getting better and better this also helps with evaluating EF quality but you can still not detect minor cleaning. My 2 cents worth
NGC doesnt know that much about indian coins which is really a shame they have even certified fakes in their slabs which is documented in the forum. Thats why i was very clear to mention PCGS ( not that great but lot better than NGC for indian coin grding IMHO. I agree with you that a lot of EF coins will come between the 45-58 range as european countries dont use the scheldon scale. NGC may have experience but their out put is pathetic. If you really want true grades for indian coins and proper authentication use ICG i have never seen a problem with their slabs as far as Indian coins go. I have had dealers tell me to submit my problems indian coins to NGC so that they would get slabbed just something that you should be aware of. Another thing to be aware of is that there are no established standards for grading indian coins so what is typically used is the general definiton by TPG's. That combined with the ignorance of the buyers, the booming economy, the weakness of the dollar, and large amounts of hoardings, has pushed the mohurs well beyond the reach of most collectors and past the $1000 mark. I will be careful while buying from europe but I think GD and I both have this rule that we dont buy coins from places with no return policy and i will be doubly careful on the cleaned stuff you warned about. Thanks
In this hobby, patience is the keyword. I have no doubt that with little patience one can find a nice Mohur for below 1000. Again, these are not rare coins and just couple of years ago; these were traded as commodity in local market(s). Several years back when I added some of these mohurs in my collection, they were easily available with dealers (On occasions, I used to see group of 30-40 mohurs and selecting the best couple of them to add in my collection). Now a day one may have to wait little bit more to see these in a dealer’s stock. Good luck! Regards, Ballabh Garg
Don't you like the one year issue of that 15 rupee coin? This is much rarer then any of those Victorian mohurs. Regards, Ballabh Garg
i love it but it was easily available for below 1000 last time i checked. Balalbh if you ahve any doirect leads where I can get a 15 re coin as well as mohurs i will appreciate it. Thanks.
In last one year they have messed up too. So, you may need to revise your statement. The contract between ICG and their resident expert on Islamic/Indian coins was not extended in late 2006. Since then they are having issues with Islamic/Indian coins and I no longer trust the authenticity/identification/grade provided by this TPG too. So, be careful. Regards, Ballabh Garg
