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<p>[QUOTE="baseball21, post: 2480439, member: 76863"]PCGS is definitely their preferred TPG. Though if PCGS doesn't get it's act together soon with turn around times that may quickly start to change since people don't like having to wait 2-3 months to get their coins back. </p><p><br /></p><p><br /></p><p><br /></p><p>That may just be a government issue with some of the coins they had in those lots. If you look on <a href="http://arts.gov.au/movable/export/list" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://arts.gov.au/movable/export/list" rel="nofollow">http://arts.gov.au/movable/export/list</a> certain numismatic coins fall under their class B export list which requires governmental permission to export them which is necessary for grading. Being an auction house they may have just made a decision at some point to not add the cost and time of grading/applying for licenses to export them for certification. I am not sure how hard that process would be to get the permits or the cost but if that was their reasoning I can certainly understand it given their success without grading to this point. </p><p><br /></p><p>Even without the regulation hurdle sending mid five figure and 6 figure coins overseas would carry a substantial cost either raising their fees or eating into their profit rather significantly</p><p><br /></p><p><br /></p><p><br /></p><p>The Royal Australian Mint really does a great job of promoting collecting there. I believe they currently have a program with one of their major grocery chains for special 2 dollar coins right now and they do a lot with special circulation coinage that gets people interested that may not have been otherwise. They even have a tour going around with a mint group to various cities. The US mint could learn a lot from them. </p><p><br /></p><p>It also doesn't hurt that a lot of their designs are very nice and they have a population that is very proud of it's heritage. I am not surprised the collecting base is strong given the total size of their country.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2480439, member: 76863"]PCGS is definitely their preferred TPG. Though if PCGS doesn't get it's act together soon with turn around times that may quickly start to change since people don't like having to wait 2-3 months to get their coins back. That may just be a government issue with some of the coins they had in those lots. If you look on [url]http://arts.gov.au/movable/export/list[/url] certain numismatic coins fall under their class B export list which requires governmental permission to export them which is necessary for grading. Being an auction house they may have just made a decision at some point to not add the cost and time of grading/applying for licenses to export them for certification. I am not sure how hard that process would be to get the permits or the cost but if that was their reasoning I can certainly understand it given their success without grading to this point. Even without the regulation hurdle sending mid five figure and 6 figure coins overseas would carry a substantial cost either raising their fees or eating into their profit rather significantly The Royal Australian Mint really does a great job of promoting collecting there. I believe they currently have a program with one of their major grocery chains for special 2 dollar coins right now and they do a lot with special circulation coinage that gets people interested that may not have been otherwise. They even have a tour going around with a mint group to various cities. The US mint could learn a lot from them. It also doesn't hurt that a lot of their designs are very nice and they have a population that is very proud of it's heritage. I am not surprised the collecting base is strong given the total size of their country.[/QUOTE]
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