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THE NEW COIN CLUB

#Post
7601

this is what can happen if you have more than one moron bidding on the same auction!! 1080461036

dtpapa - 2016-06-13 11:53:00
7602

damn it! Why didn't I bid on this auction? 1093251603

could one of the so called experts here tell me why the 1942 and 1944 in particular are not at least AU?

dtpapa - 2016-06-13 11:58:00
7603

Welcome to the Coin Club. We are an assortment of newbies and oldbies, amateurs and experts with questions and answers for oldbies and newbies, amateurs and experts in coin collecting, also known as numismatics. Whether you are just getting started, have been collecting for years or have simply found some old coins about the place that you’d like to sell, this is the place to ask your questions.

No one has all the answers, and you may get five differing answers to the same question, yet each may be right in a manner of speaking, especially if opinions are involved. Opinions often vary. If you receive no answer to your query within 48 hours, please ask again.

translateltd - 2016-06-13 12:15:00
7604

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jantar - 2016-06-13 21:14:00
7605
dtpapa wrote:

this is what can happen if you have more than one moron bidding on the same auction!! 1080461036

Ouch

mudeki - 2016-06-13 23:15:00
7606
jantar wrote:


Oh well, $21 is still cheap for anything better than VF.

dude, you need to break the cycle. I know I'm trying to. If I could go back to before I started collecting and not even start I would. In the end you won't be happy with that coin. I bet the turkey has cleaned it. How can it possibly compare to this

http://www.noble.com.au/auctions/lot?id=291360

or this

http://www.noble.com.au/auctions/lot?id=304977

Coins will only heighten depression and worsen obsessive compulsion disorder. As a hobby it should be avoided!!
(just my opinion, of course)

dtpapa - 2016-06-14 07:02:00
7607

btw, thanks for the W. Samoan coin set. Very nice coins, and I feel a little guilty getting it so cheap!

dtpapa - 2016-06-14 08:54:00
7608

Nice to see the new UNC sets the Royal Numismatic Society NZ has produced 1103997175 Well done to all involved and I cant wait to get mine

Finally a nice set with true circulating coin types and not the mock ups with different dies like what has been done in the past.

mudeki - 2016-06-14 19:37:00
7609

where can I get one, or is it limited quantities?

dtpapa - 2016-06-14 20:20:00
7610
dtpapa wrote:

where can I get one, or is it limited quantities?

Only 300, so I could imagine demand proving quite strong.

translateltd - 2016-06-14 21:42:00
7611

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jantar - 2016-06-14 23:10:00
7612

Bump ...

translateltd - 2016-06-19 07:05:00
7613

Up, up & away!!!

echoriath - 2016-06-21 15:05:00
7614
echoriath wrote:

Up, up & away!!!

Do you have a beautiful balloon?

translateltd - 2016-06-21 17:59:00
7615
translateltd wrote:

Do you have a beautiful balloon?

No balloon but bought back some nice Wahoo and Yellowfin Tuna from Fiji.
Great weather for the whole 8 days.

gammoner - 2016-06-21 19:32:00
7616

I gotta be Superman, giving the whole thread a nudge at this distance.

https://trademe.tmcdn.co.nz/photoserver/full/489382229.jpg

Edited by echoriath at 12:28 am, Wed 22 Jun

echoriath - 2016-06-22 00:27:00
7617

This message was deleted.

jym - 2016-06-22 16:23:00
7618

Well, the photo quality is quite poor because they very inconveniently kept this behind thick glass:

https://trademe.tmcdn.co.nz/photoserver/full/489796790.jpg

But I figured it was one of the "In case of [numismatic] emergency, break glass" situations. The guards disagreed. Vehemently. This preempted my plans for a more extensive search.

Edited by echoriath at 12:31 am, Thu 23 Jun

echoriath - 2016-06-23 00:20:00
7619
echoriath wrote:

Well, the photo quality is quite poor because they very inconveniently kept this behind thick glass:

https://trademe.tmcdn.co.nz/photoserver/full/489796790.jpg

But I figured it was one of the "In case of [numismatic] emergency, break glass" situations. The guards disagreed. Vehemently. This preempted my plans for a more extensive search.

Did they get one of those Chinese ones as well as everyone else .

lester36 - 2016-06-23 05:54:00
7620

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

pensioner - 2016-06-23 21:10:00
7621

The nature of "dealing" is to buy low and sell high - within reason, of course - otherwise there'd be no point in doing it. No margin = no earnings. Try selling a car to a used car dealer and check the gap between what you are paid and what the price is when it goes on the lot.

pensioner wrote:

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

translateltd - 2016-06-24 10:12:00
7622
pensioner wrote:

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

Easily fixed ,
1/ Get a 2nd or 3rd valuation and pick the one you like.
2/ Send it all off to auction with a reserve that you are comfortable to see them go for although be prepared to pay 15%+ for auction fees.
3/ Put a lot of time and effort in selling the good stuff individually ( on Trademe ? ) to get the optimum price for the collection.
You could have done either 3 options as you appear to know your way around a computer so you really can't come on here moaning about the dealer who did all the work and effort and got top dollar for your coins when you have easily done that yourself

pottynz - 2016-06-24 14:22:00
7623
pensioner wrote:

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

I remember over 25 years ago being told I was a robber by someone selling me a houselot. About ten months later the person concerned came back to me and moaned about how hard it was to sell everything. He then wanted me to buy what was left, my reply was that he had sold the good stuff off, and only had rubbish left so was not interested. He approached two auctions and was turned down. Finally he had a garage sale and I turned up but nothing was worth buying. I was polite and ask how he was going, his reply was unprintable. Then he told me he still had not made what I had offered and apologised. Since then we have become friends and has given me another houselot and various small deals.. Those that know me it was back when I owned an Auction House in Auckland

kiwialan - 2016-06-24 15:09:00
7624
lester36 wrote:

Did they get one of those Chinese ones as well as everyone else .

THAT should have been my in:

"That looks like another bad copy. I'll just have a closer look, please."

::legs it::

echoriath - 2016-06-25 02:22:00
7625
pensioner wrote:

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

The reason pottynz's option 3 works so well is that on sites like TradeMe it is POSSIBLE to get something approaching (occasionally exceeding) retail value for coins. Sometimes it does not go that well of there happens to be no one interested on the day. Also, it's important to be able to take good photos, and that takes time.

As others rightly point out, a person who operates a shopfront cannot pay people retail price for coins and then charge that same retail price when reselling whilst maintaining a shopfront and the associated expenses. The margin is what keeps the lights on and puts food on the table and makes their expertise available to the general public and other collectors. TradeMe and other sites have been squeezing those margins for the conventional shops. Statistically speaking there MUST be dishonest/disreputable dealers out there, but to cast aspersions across the board is a slippery slope.

echoriath - 2016-06-25 02:37:00
7626
pensioner wrote:

coin dealers. will buy youre coins for next to nothing, the averige ones will be sold in there store ,the valuable ones will be sold on trade me or ebay, remember this when you want to sell youre coin collection if you want a realistic price for youre coins and not be duped.

Hi Colin here my 2 cents worth, I a few years ago did sell to coin dealer wen to two and yes second place offer was $300 more than first so it is a old saying shop around.

35 - 2016-06-26 10:42:00
7627

Unexpected answer to my question on this one:
http://www.trademe.co.nz/a.aspx?id=1111639391

translateltd - 2016-06-27 07:54:00
7628

Interesting answer and relevant to recent discussions.

The first "8" on the 1888 is worth a closer look. I only know German coins a wee bit, so I don't mostly know what I am looking at without a German coin mag or ngc's site.

ETA: Shame about the other side.

Edited by echoriath at 12:47 pm, Mon 27 Jun

echoriath - 2016-06-27 12:46:00
7629

I just know I would have offered two very different prices based on the list on the one hand and the photos on the other.

translateltd - 2016-06-27 12:51:00
7630

Nice hairline scratches on one of them...

No one seems to have mentioned the other end of the scale. It's one thing selling a few coins on Trademe, it's another trying to sell a high end collection of obscure coins totalling many thousands of dollars. Then there is the odd person that wants to sell 50kg of unsorted coins found in a garage ect. A dealer will at least have a quick sort though and check for metal content or anything that catches their eye. A bulk sale on Trademe will not allow for that.

numismatist - 2016-06-27 16:00:00
7631

pensioner: Please know your post was most welcome, and the topic of dealers has been covered before, but it's good to have it again.

Another facet of TM selling is the person who lists a pile of coins with some potentially interesting pieces but won't be drawn in to examine them more closely or provide better pictures. Either the sellers does not know or does not care. You just can't help some people.

Then with respect to going to dealers, I suspect there's what might be called an Antiques Roadshow Effect. Whereas interesting television is not made by people with boring items, AR cherry picks all the interesting things to show us during the program. Consider, however, the long lines of people whose items don't make it on TV. On the one hand, they can't get everything on TV, but, also, just because it's old don't mean it's interesting or valuable.

echoriath - 2016-06-28 01:43:00
7632

I have looked into my crystal ball, and I can now predict that a 1936 florin, graded ngc ms 62, is soon to appear here on trademe!!

dtpapa - 2016-06-28 08:06:00
7633

that's a healthy markup!!

1113424803

http://www.ebay.com/itm/New-Zealand-1947-Shilling-Choice-UNC
-/201597979936?hash=item2ef02d0d20%3Ag%3AsxsAAOSwqBJXVD5U&am
p;nma=true&si=N3S04%252FeGYO7Eo%252Bj4B%252BiGRTioER0%25
3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

dtpapa - 2016-06-28 08:29:00
7634

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natncorey23 - 2016-06-28 09:34:00
7635

Oh dear, what a pity.

Do you already have a buyer lined up, or would the seller not export it because it was over 400USD?

It looked over graded anyway, you'd be a mug to pay much more than about 1500 for it. The 1936 is almost always overgraded, at least at the lower to middle end. In fact a couple of trademe sellers are right now trying to flog off ngc graded (AU55 and AU58) 1936s for over a grand. Yet if those coins were to be cracked out of their holders you'd be pressed to get much more than 400-500 for them at an auction house.

This from the most recent noble!

http://www.noble.com.au/auctions/lot?id=351299

dtpapa - 2016-06-28 17:09:00
7636

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natncorey23 - 2016-06-28 18:11:00
7637

anyone we might know?

dtpapa - 2016-06-28 18:34:00
7638

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natncorey23 - 2016-06-28 18:38:00
7639

btw that very crude fake Waitangi Cr, the exact same coin may be purchased for 2.40USD from a Chinese online shopping site.

dtpapa - 2016-06-28 18:45:00
7640

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natncorey23 - 2016-06-28 18:53:00
7641

Indeed, you got duped with that one. It would have been good form to have accepted it as fact, and not continued to try and flog it off to any sap.

dtpapa - 2016-06-28 19:07:00
7642

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natncorey23 - 2016-06-28 19:15:00
7643

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natncorey23 - 2016-06-28 19:53:00
7644

Should be obvious from get-go that if you buy a Waitangi Cr on ebay for the equivalent of about 50NZD then chance that it is fake must be very high.

Edited by dtpapa at 9:40 pm, Tue 28 Jun

dtpapa - 2016-06-28 21:36:00
7645

This message was deleted.

jantar - 2016-06-28 21:37:00
7646

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natncorey23 - 2016-06-28 21:44:00
7647
jantar wrote:


Do you have a link?

don't think should post in here, but check your email!!

dtpapa - 2016-06-28 21:50:00
7648

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jantar - 2016-06-28 21:56:00
7649

if you want a place filler I'd go for the fake one in the fake pcgs holder. Much nicer, but does cost a bit more. The 2.40 one is horrible. There certainly would not be any genuine Waitangi Crs with that much wear.

dtpapa - 2016-06-28 22:03:00
7650

They are made worn with only one object TO DECIEVE the people who make , import and resell this c$#p are killing coin collecting. In 10 or so years who will know what is real or FAKE .

lester36 - 2016-06-28 22:10:00
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