Call me selfish but the humptieth discussion about why some or many American collectors want coins to be third party graded (and slabbed) is not that thrilling. Christian
Let's get the thread back on track... Yesterday I picked up a big pile of coins from a bullion dealer who didn't have any knowledge of foreign coins or medals. Here's a scan of just the silver coinage (sterling at the top, going right to left, left to right, etc, sorted down to 30% silver at the bottom right): The lot includes a 1915 Cuban 10 Centavos, which has a $40-75 book value, as well as a few other gems. Anything in there catch your eye? If my scale is behaving and I did my math correctly, there's a little over 122g of ASW there. Not bad for $80, especially when I cherrypicked about 100 non-bullion coins in the lot.
Hello GeorgeM, Nice little hoard of silver coins! I like the one from Nicaragua. Here is one I picked-up at FUN 2012 (along with one from Biafra).
Thanks! I like the Nicaragua design a lot, but mine is dinged and yours looks to be in BU. Do you mind if I ask how much you paid for that 1936 piece?
close to catalog price I think I'd have to look at the coin to know the exact price. I seem to recall paying a little over $20. The number $24 is in my head. I think he originally said $30 but then agreed to $24 as a combined sale with some other coins.
2 ot 2 Here what was scanning for 1920-P on eBay. but added the 1876 20pennig to spend I had in ebay bucks $10.34 cent.there 1922-1940 1c-2c 25c& 2-50c copper& nickel 1922-1940 Norway 1-50c Ore. here a sideshow of all 5 coins.:kewl: http://s639.photobucket.com/albums/uu114/jelloman1950/1920-40 Norway 1c-50c/?albumview=slideshow
Good deal The photo makes the coin look like a solid EF45 or AU50 grade. Good deal. View attachment 159374
Nice. Now go look at the PCGS registry set for the coin, and you will discover others graded as high as MS68, though many of them have some sort of black tar-like sunstance all over them. Just the ugliest coins you can imagine. Yours is much more along the lines of what I would consider finest known. Especially the reverse.
Well, I guess that's one way of looking at it. I too have benefited from the same buy/slab/sell routine. I'm not so sure that works as well as it once did though. Especially with grading standards of the TPG getting so loose that many of the grades on newer slabs are almost meaningless. I bought a 1914-d Indian $5 gold piece a few years ago raw as an MS60. Sent it to NGC and it came back as MS63 even though the chief's cheek had what looked like a tomahawk gash across it. Still, I was able to unload it for $1500 almost instantly. As time goes on, I suspect there will be fewer and fewer collectors out there willing (read: stupid enough) to rely strictly on the holder grade when determining the value of the coin.
I got a bit of metallic artwork in the mail today (rather than re-shoot, I'm going to use the seller's pictures):
Been busy lately so haven't had much time to work on my hobbies', random grab from Baltimore Auction Netherlands 1 Gulden
Here is what arrived today: I believe the above is a portuguese coin from the early 1700's, and i'm guessing its 80 Reis from the LXXX
Well, there is a special service for unusually large or odd shaped coins. They do get slabbed, it just costs more. Personally I don't slab coins either. I like my coins raw. Anything that's really worth slabbing I just end up keeping.
because you can't hold/touch history when it's entombed in plastic. just imagine if everything "historical" was enclosed in plastic... oh wait, you can... it's called a museum.
forgive me for saying this, but in MY opionion, coin collecting isn't a GAME. it's an appreciation, either for the art or the history, that a coin represents. i don't collect for financial gain. never have, never will. it's not a "game." it's a HOBBY for fun and pleasure. if you want to treat it like it's a "game" and use it for you financial gains, so be it. but don't tell me, and i presume moneyer12, although i can't speak for him personally, that a coin entombed in plastic is "worth more" than a coin outside of a plastic coffin. coin grading, whether done by a tpc or not, is an OPINION and nothing more.
I think someone is in love with me :yes: This thread is about the discussion of foreign coins, not slabbing and grading. I took the liberty of starting a thread for this topic: http://www.cointalk.com/t199902/#post1363565