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THE NEW COIN CLUB

#Post
3951

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.

gammoner - 2014-05-29 10:54:00
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wasgonna wrote:

The dorks are under the impression that if people start posting coins then the posties are likely to be mugged and robbed for their mail.

I Used to work for a bank (not the one i work for now) that sent all its foreign currency in the daily mail bag (up to 20k NZD equivalent) When the courier was chatting one day after delivering he saw someone open it and almost had a heart attack. Needless to say there was some interesting conversations with the courier company and the manager that day but it had been going on for years.

mudeki - 2014-05-29 11:08:00
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My seller insured my items to a value of $200. So I am wondering if it is worth pursing this with the seller. The items were delivered to the correct address, the YouShop warehouse in Oregon. So, as far as I can see, there are two possibilities. The missing items were not there in the first place, or they went missing at the warehouse, presumably under the jurisdiction of NZ post. Given that I am unable to verify myself that the items were present, or not present when delivered in Oregon, this does seem to be a bit of a problem as far as just what it is I should be claiming has happened. Perhaps I will just have to accept this, and learn from it?

dtpapa - 2014-05-29 11:08:00
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I see that unused stamps are also prohibited, but used ones are not? Doesn't seem to make a lot of sense. I suppose old valuable stamps fall under the category of collectibles?

Edited by dtpapa at 11:11 am, Thu 29 May

dtpapa - 2014-05-29 11:11:00
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dtpapa wrote:

I see that unused stamps are also prohibited, but used ones are not? Doesn't seem to make a lot of sense. I suppose old valuable stamps fall under the category of collectibles?

If you raised a claim for something you purchased on trademe under the antique & collectibles category I am sure they would find a way out of covering it

mudeki - 2014-05-29 11:18:00
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dtpapa wrote:

So, what is the rationale behind this prohibition on posting coins of a collectible nature?

Because you're not supposed to post "cash", they lump all money-related objects together. Too hard for the authorities to distinguish a collectable from a spendable, perhaps. Though even why spendables should be illegal to post is beyond me - we don't have currency restrictions any more, within normal limits anyway. It's not like you can't carry more than £10 out of the country on holiday with you any more, or you have to apply to a government department for permission to send money abroad, which I believe was still the case until about the 1970s.

translateltd - 2014-05-29 12:20:00
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translateltd wrote:

Because you're not supposed to post "cash", they lump all money-related objects together. Too hard for the authorities to distinguish a collectable from a spendable, perhaps. Though even why spendables should be illegal to post is beyond me - we don't have currency restrictions any more, within normal limits anyway. It's not like you can't carry more than £10 out of the country on holiday with you any more, or you have to apply to a government department for permission to send money abroad, which I believe was still the case until about the 1970s.


Good old Muldoon is to blame for all this then

gammoner - 2014-05-29 12:53:00
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Way before him - I don't know enough about economic history to say when the whole currency protection thing started. Was it Bretton Woods, or even earlier than that?

translateltd - 2014-05-29 13:04:00
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Just remember my Father had to sell some Aussie shares to bring into NZ a brand new Holden X2 two tone blue station wagon from there.That was 1965

gammoner - 2014-05-29 13:25:00
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gammoner wrote:

Just remember my Father had to sell some Aussie shares to bring into NZ a brand new Holden X2 two tone blue station wagon from there.That was 1965

Yep, the days of 'overseas funds'. Totally different world then - which makes it kind of odd that we have what appear to be a few hangovers left from that time affecting our leisure (+business) pursuits now.

translateltd - 2014-05-29 15:12:00
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Everyone has heard of a broken wing sixpence , but what about a broken back FIVE CENTS ?
https://trademe.tmcdn.co.nz/photoserver/full/318460266.jpg
Found this one tonight and would like comments.

lester36 - 2014-05-30 19:04:00
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lester36 wrote:

Everyone has heard of a broken wing sixpence , but what about a broken back FIVE CENTS ?
https://trademe.tmcdn.co.nz/photoserver/full/318460266.jpg
Found this one tonight and would like comments.

why is it call a broken/back ??? i have about 20 of them found them in 2006 & 2007..sold one for about $35.00 last year...with more detail missing
https://trademe.tmcdn.co.nz/photoserver/full/318469146.jpg here is one i have got in my collection

Edited by chefman1 at 7:39 pm, Fri 30 May

chefman1 - 2014-05-30 19:34:00
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chefman1 wrote:

why is it call a broken/back ??? i have about 20 of them found them in 2006 & 2007..sold one for about $35.00 last year...with more detail missing
https://trademe.tmcdn.co.nz/photoserver/full/318469146.jpg here is one i have got in my collection

Any particular year for these?

gammoner - 2014-05-30 20:02:00
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chefman1 (1138 1138 positive feedback) 7:34 pm, Fri 30 May #3962

Sorry Peter, was meant to ask were those in the 2006 and 2007 coins or that was when you found them?

gammoner - 2014-05-30 20:10:00
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Hi Alan
found them on 1998..1999..2001..2002..2003 5 cent coins

hope that help's you out cheers peter

found them in 2006 & 2007 in that year..lol

Edited by chefman1 at 8:18 pm, Fri 30 May

chefman1 - 2014-05-30 20:13:00
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This one is 1999, it is a bit worn but the is a lot of detail missing.
I just called it a broken back , just because.

lester36 - 2014-05-30 20:14:00
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chefman1 & lester36
Thanks for the dates, will go through a sampling of mine over the weekend and see if I come across any.

gammoner - 2014-05-30 20:18:00
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Well it looks like NZ Post have no intention of compensating me for the missing content from my YouShop parcel. So I think I'll have one last vent on the matter. I reckon NZ Post are BSing me when they say all YouShop parcels are opened for customs declaration purposes. I've successfully received a number of parcels via YouShop, and I'm fairly sure many, in fact maybe most, showed no sign of having been opened. But even if they open all parcels, or just a few, wouldn't it be a good idea for them to document this? Say, by leaving a note inside the parcel, saying that it was officially opened by <insert name of YouShop employee>. Would it really be much trouble to briefly document the contents of the parcel once it was opened? Heck, with the modern technology these days they could easily make a digital record of the contents using one of those digital camera thingies. It wouldn't take any time at all, and the technology is very cheap. But I suspect NZ Post is operating their YouShop franchise on the budget of a smelly oily rag. The staff probably comprise two illegal Mexicans on minimum wages. It's a pity, because I had been sending a lot of my stuff to them, including stuff that I could have had sent directly to me, because of the cheaper shipping, and quicker delivery that YouShop offered.

dtpapa - 2014-05-31 12:38:00
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Is there a rort going on with the 1936 florin? I've seen quite a few of these graded AU (AU55 or AU58) which are clearly VF+, at best. This is ngc or pcgs gading, and not just your mickey-mouse outfits.

dtpapa - 2014-05-31 13:03:00
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dtpapa wrote:

Is there a rort going on with the 1936 florin? I've seen quite a few of these graded AU (AU55 or AU58) which are clearly VF+, at best. This is ngc or pcgs gading, and not just your mickey-mouse outfits.

US grading is traditionally half a grade "inflated" compared to the non-numeric systems, and the recent ANA grading adjustments took the standard a step lower again, so depending on what system you use, the same coin could be VF+, XF50 or AU55, and that's before you allow for personal subjectivity :-)

translateltd - 2014-05-31 15:12:00
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Hi there, re my earlier posts here is my 1895-s Morgan Dollar
https://trademe.tmcdn.co.nz/photoserver/full/318556617.jpg
https://trademe.tmcdn.co.nz/photoserver/full/318556580.jpg

Thanks, looking to see if it is real or fake. It was owner by my late great uncle who today would have been close to 97 and he was in WW2 so collected a lot of coins in his travels.

orlandofan - 2014-05-31 16:08:00
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There is over grading, but the over grading seems to be especially bad for the 1936 florin. I'm talking about examples were there is obvious wear to the Kiwi feathers, yet an AU grade is given. I've not seen that with other years of the florin. If you can get your 1936 florin graded AU55 or AU58 you can up its worth to several hundreds of dollars, while a VF grade will only be worth 50 at best.

Edited by dtpapa at 10:13 am, Sun 1 Jun

dtpapa - 2014-06-01 10:12:00
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Is there much reselling occurring here on trademe? I must say that on a couple of occasions I've been out bid on a coin, only to see that exact same coin on sale a couple of weeks later at a highly inflated price!!

dtpapa - 2014-06-01 10:16:00
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dtpapa wrote:

Is there much reselling occurring here on trademe? I must say that on a couple of occasions I've been out bid on a coin, only to see that exact same coin on sale a couple of weeks later at a highly inflated price!!

Probably goes without saying if people spot a bargain :-)

translateltd - 2014-06-01 11:39:00
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I have seen it with a number of lower mintage NZ coins and I brought a few from Canada years ago graded High AU. I resold them as Ave - vf some I even broke out of the slabs and sold as scrap silver they were that bad. A few large sellers on other auction sites advise people to bid on the coin not on the slab grade. Loading photos of different NZ coins with grades identifying the common wear points is something I would like to add to the site one day when I have more time

mudeki - 2014-06-01 12:18:00
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You'd expect reputable coin grading services such as pcgs and ngc to get it right, or at least be able to distinguish between a coin that is AU and one that is clearly not AU. Are we allowed to post ebay links on the trademe forums? I don't think I've seen any posted, so I'm guessing not. There's a seller on ebay who I believe also slabs coins as "National Numismatic Certification" or NNC. I've seen a few of these on tradme. They tend to be a couple, or more grades, over graded. And while on the subject of cheeky resales, there was an ebay auction a while back from this seller, a 1942 Florin graded NNC MS-64. I bid, but lost out, the high bid being about 50 USD, or thereabouts. Well, a couple of weeks later, I saw the same coin on sale for an outrageous asking price. It still is on sale now, for 750 USD, with the option of make an offer. I wonder how much less than the 750 USD the seller would accept? I was almost tempted to make a cheeky offer, but then thought better of it!!

Edited by dtpapa at 12:51 pm, Sun 1 Jun

dtpapa - 2014-06-01 12:50:00
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Does anyone here collect, or know much about the famous Milner and Thompson penny tokens? There are a number of varieties, but the one that interests me most is the one with the Maori warrior with tattooed face on one side, and the musical instruments with cherub on the other. Apparently this version of the coins comes in two sizes, 32mm, and 34mm, but you hardly see the 34mm for sale. I can't recall having seen the 34 mm version on tradme. So I'm guessing that version is very rare?

dtpapa - 2014-06-01 13:05:00
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I brought these two Commemorative Medals recently, together to get the silver one (right) but on checking in my MacMaster catalogue find that he states that the Aluminium one (left) as being a one off trial proving medal. Can anyone shed any more light on if this is so.
https://trademe.tmcdn.co.nz/photoserver/full/318649026.jpg

Edited by lester36 at 3:18 pm, Sun 1 Jun

lester36 - 2014-06-01 15:17:00
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Here is a link showing how to convert US gradings to other country's gradings. Just a rough guideline. http://www.ngccoin.com/world/international-grading-scales.as
px

duanmu - 2014-06-01 17:08:00
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saltnpepper - 2014-06-01 17:37:00
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saltnpepper wrote:

Nothing ventured nothing gained...make your offer after all who knows.

Yes, have to be in to have a shot at it

gammoner - 2014-06-01 18:49:00
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Given the seller paid about 50 USD for it, and is now asking 750 USD, I'd probably offer him about 60 USD for it. He might take offense though. Which is why I said I was tempted to make an offer, but then thought better of it. You can't blame a bloke for wanting to make a profit, even if it does see a little on the nose.

dtpapa - 2014-06-01 20:16:00
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dtpapa wrote:

There's a seller on ebay who I believe also slabs coins as "National Numismatic Certification" or NNC. I've seen a few of these on tradme. They tend to be a couple, or more grades, over graded.

Google 'National Numismatic Certification' to find out all you need to know. Seems to be a franchise that someone has bought, with no guarantee underlying what's on the label.

translateltd - 2014-06-01 20:31:00
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lester36 wrote:

I brought these two Commemorative Medals recently, together to get the silver one (right) but on checking in my MacMaster catalogue find that he states that the Aluminium one (left) as being a one off trial proving medal. Can anyone shed any more light on if this is so.
https://trademe.tmcdn.co.nz/photoserver/full/318649026.jpg[/
quote]

Was that the one that was sold in 2005, or do you not know its provenance? Interested to learn more myself as we're in the process of updating the MacMaster at the moment. Interesting also that the silver is un-numbered, as the 50 officially issued all had an individual serial number engraved in the circle below the train. The numbers aren't consecutive 1-50 as far as we can tell, as a pair numbered 250 (last number originally planned) was identified as genuine by the maker. The info about the aluminium proving medal also came from the maker, from memory. I'll e-mail you directly.

Edited by translateltd at 8:39 pm, Sun 1 Jun

translateltd - 2014-06-01 20:37:00
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dtpapa wrote:

Does anyone here collect, or know much about the famous Milner and Thompson penny tokens? There are a number of varieties, but the one that interests me most is the one with the Maori warrior with tattooed face on one side, and the musical instruments with cherub on the other. Apparently this version of the coins comes in two sizes, 32mm, and 34mm, but you hardly see the 34mm for sale. I can't recall having seen the 34 mm version on tradme. So I'm guessing that version is very rare?

Gray (2013) records it as slightly scarcer (R3-4) than the 32mm version (R2-3) but that doesn't make it very rare. Lampard (1981) rated them equally at R1 (common).

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