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Aran

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    Ireland

Reputation Activity

  1. Like
    Aran reacted to LawrenceChard in 1909 Overdate USA Gold Double Eagle 1909 Over 1908 Philadelphia Mint   
    I can't remember seeing many overdates on American coins, so this was exciting to see:
    1909 Overdate USA Gold Double Eagle 1909 Over 1908 Philadelphia Mint

    I have always like overdates, and find them fascinating. For real numismatists, they give an important visual clue as to methods of coin production.
    I am more used to seeing overdates on British coins, so it's always interesting to see them on world coins.
    "An overdate was created at the Philadelphia Mint when an engraver struck a 1908-dated die with a 1909 hub. The resulting coins clearly show the “8” below the “9” in the last digit of the date. The estimated mintage of the 1909/8 double eagle is 80,000 pieces, which accounts for about half of the Philadelphia Mint’s production." (saintgaudensdoubleeagle.com).

    Like most American coins, these were struck using "coin alignment" as opposed to "medal alignment", causing many people to think one side of their coin is "upside down".
    As the rush of blood to my head is still building up, I will return to the obverse:

    The NGC slab states it to be MS62 grade.
    😎
  2. Sad
    Aran got a reaction from SilverPlatinum in NGC Quality Issues (we think).   
    Here’s one that didn’t sell yesterday in the St. James’s Auction


  3. Like
    Aran got a reaction from jultorsk in NGC Quality Issues (we think).   
    Here’s one that didn’t sell yesterday in the St. James’s Auction


  4. Like
    Aran got a reaction from JJH in NGC Quality Issues (we think).   
    Here’s one that didn’t sell yesterday in the St. James’s Auction


  5. Super Like
    Aran got a reaction from MancunianStacker in NGC Quality Issues (we think).   
    It’s a First Release so presumably it was submitted within a month of the release to get the FR designation. Also I checked the NGC submission number of my own coin which is also FR and it starts with a 60, so I think around Jan 21 would have been when it was submitted. 
    What we don’t know is whether the apparent burn mark appeared then or at sometime since it was in the holder…
  6. Like
    Aran got a reaction from MancunianStacker in NGC Quality Issues (we think).   
    Here’s one that didn’t sell yesterday in the St. James’s Auction


  7. Thanks
    Aran reacted to CollectForFun in NGC Quality Issues (we think).   
    That burn mark is already visible in the NGC photo so definitely did not appear just sometime afterwards...
  8. Thanks
    Aran got a reaction from CollectForFun in NGC Quality Issues (we think).   
    Here’s one that didn’t sell yesterday in the St. James’s Auction


  9. Super Like
    Aran got a reaction from James32 in NGC Quality Issues (we think).   
    It’s a First Release so presumably it was submitted within a month of the release to get the FR designation. Also I checked the NGC submission number of my own coin which is also FR and it starts with a 60, so I think around Jan 21 would have been when it was submitted. 
    What we don’t know is whether the apparent burn mark appeared then or at sometime since it was in the holder…
  10. Super Like
    Aran reacted to TeaTime in Frosting on SOTD sovereigns and how they grade   
    It's an eye opener for sure - If production flaws do not count against the grade of a coin then any coin that is minted and placed directly into packaging for distribution should grade at 70. The only exception would be a coin that suffers damage during transit from the mint to the customer.  
    That would mean that the RM - who claim a 68 graded coin is acceptable - are admitting to damage occurring as part of the packaging process.  
    This also, perhaps, highlights the obsession with obtaining a perfect grade as a bit of a nonsense. Most people equate a 70 grade as being a 'perfect' coin when, in reality, a 68/69 graded coin can have more aesthetic appeal to a collector..
     
  11. Like
    Aran got a reaction from Muncle in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  12. Like
    Aran got a reaction from Frenchie in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  13. Super Like
    Aran got a reaction from Darr3nG in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  14. Super Like
    Aran reacted to MaxeBaumann in Today I Received.....   
    How time flies, coin arrived yesterday with great joy. We have had the euro in Germany for 20 years now. Half an ounce of gold 15.55g for the introduction of the euro, mint A stands for Berlin. Happy Easter and greetings from Maxe.  



  15. Like
    Aran got a reaction from TheMadKing in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  16. Like
    Aran got a reaction from Foster88 in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  17. Like
    Aran got a reaction from westminstrel in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  18. Super Like
    Aran reacted to James32 in Frosting on SOTD sovereigns and how they grade   
    Can a seller get a refund 🥳
    Very happy it worked out for you,would still bug me though so I think we both got the outcome we wanted.
  19. Super Like
    Aran got a reaction from Heirlooms in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  20. Super Like
    Aran got a reaction from James32 in Frosting on SOTD sovereigns and how they grade   
    Hi All. I previously posted photos of a SOTD 2021 Sovereign which graded NGC MS70 Matte although there were areas of missing ‘frost’ which can look like black spots under the light. This missing frost caused many members anguish with their 2022 SOTD Sovereigns in February, leading to some members either selling their coins on the forum or returning them to the mint.
    I’ve just received two 2022 SOTD’s back from NGC. Both have graded MS70 Matte although there are spots visible to the naked eye.
    Moral of the story? NGC do not regard these as flaws and will give them the top grade. So unless the marks really annoy you, maybe best to keep the coins? They are present in all ‘my’ matte SOTD’s in one shape or form.



  21. Super Like
    Aran reacted to LawrenceChard in 2022 Platinum Jubilee SOTD Sovereign   
    You thought correctly.
    I / we have been in the numismatic business since before 1964.
    The Royal Mint didn't start producing and marketing collector coins until 1970, just ahead of decimalisation, so there would have been nobody at the mint to build a relationship with.
    Even then, they decided that they would market direct, so there was still no way to start a relationship with them. This may have been partially because there was no established market in the UK for new issue coins.
    In the run up to decimalisation, and before the RM started, we were active in sourcing mint bags of new coins, and making up our own annual coin sets. If you come across any minty UK coin sets from about 1965 to 1967, there is a good chance (about 50%) they were ones we assembled and sold.
    I don't remember which year the RM started offering to supply UK dealers direct, but guess it might have been in the 1980s.
    We didn't set up our first web site until 1998, so until then, there was probably no way we could have generated sufficient sales volume to make it worthwhile us taking direct new issue coins and sets from the RM. At that time, we were the only coin dealer in the UK to have a website, and also one of the first in the world.
    In 1999, I decided it was time we joined in, influenced by the expected popularity of Princess Diana, and her memorial crown. From memory, I think we bought 500 of the BU specimen pack crowns direct from the Mint. These were £9.95 from the RM, but I think we discounted them to £8.95 https://24carat.co.uk/frame.php?url=princessdianacrown.php. 
    Just before 1st January 2000, when investment gold became exempt from VAT in the UK and EU, we launched two new websites https://goldsovereigns.co.uk/ and https://taxfreegold.co.uk/, which helped to expand the UK market for gold bullion. These three heritage websites still exist, but we no longer actively maintain or update them.
    In 2000, when the RM restarted production of bullion sovereigns, we contracted with them for a direct supply. We were expected to buy a minimum of 5,000 of their bullion sovereigns in a 6 week period in order to qualify for their optimum pricing. We failed to achieve this, and had to pay a surcharge on the ones we had taken. As we made little or no profit on the deal, we stopped, and did not try again for some years, 2005 I think.
    We also found that it was for many years cheaper, better, and easier, to buy proof sovereigns, and most other collectable new issues from international distributors, than direct from the Mint. 
    For most of the above time, we pitched our prices at a discount compared with the Royal Mint, and I strongly suspect they did not like this, although most of our customers did.
    They also threatened legal action against us when I dared to point out that our Sovereign Mintmark Sets https://goldsovereigns.co.uk/mintmarksets.php were cheaper, and better than their sets. It is difficult to maintain a good trading relationship with a company who threatens without justification, to sue you for defamation. 
    Despite the above, we did buy bullion sovereigns from them, from 2005 I think, although during the Financial / Credit / Banking / Sub-Prime crises of 2008/9, it was very difficult to get supplies because big American, and possibly German distributors hoovered up most of their production.
    I also can't remember when we stopped dealing with them, but think it may have been January 2015. They gave us no notice and no reason. It is difficult to maintain a successful trading relationship with a state owned monopoly supplier who treats its customers in such a manner.
    Your last sentence (question?) "Why on earth would a British company which has been trading for nearly 60 years need to buy British gold from overseas." was quite a good one. I would be delighted if you would ask the Royal Mint, and extremely surprised if you received an answer.
    😎
     
  22. Like
    Aran got a reaction from mr1030 in Today I Received.....   
    2 oz. Gold Henry VII has just landed…think it will look even better as it becomes part of a set…



  23. Like
    Aran reacted to James32 in Proof Coins And value   
    Actually you are far closer to reality than you know lol.
    It's a lottery as to if they will become "profitable" in the future, but most fall in price unfortunately,especially considering  todays over inflated rrp. Unfortunately we live in a time where even if a specific coin was deemed sought after and the price rose higher,that many would come to market so fast that the price would fall just as quickly. The recent gothic crown being the perfect example. 
    My own humble advice is don't buy proof coins solely on future profits, but simply buy because you like the design and if it turns out to be a winner in the future 👍👍
     
  24. Like
    Aran reacted to MancunianStacker in 2022 Proof Britannia Royal Mint Release   
    Got the low mintage 1/4iz platinum (again). Usually a good bet. 
  25. Haha
    Aran reacted to dicker in anyone else had issues with bleyer ?   
    Gary logged on to post and hasn't been back to read any suggestions.
    Let's hope is not a 'One post wonder' who has simply done a 'drive by shouting' to vent his spleen and will be back with some constructive comments on the forum.
    I am not a betting man but I suspect there is more chance of finding Lord Lucan riding Shergar at the 1430 from Aintree.
    Best
    Dicker
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