I know I am a serial under-grader with Sovereigns but can anyone here honestly grade this coin an unc. Best I can do here is EF Would like to get another opinion here! http://www.ebay.com.au/itm/RARE-189...=130627659333&ps=63&clkid=6546769457088592087
Hi Aurora, I'd concur with you, there seems to be some slight rim damage, and possibly a light scratch across the left hand side of the coin, not unc in my book, but possibly very close to it, possibly in the category of almost uncirculated, but i'm no expert. Regards Matt
The picture is too soft for higher grade evaluation, but the price is excessive regardless. Personally I would avoid coins with huge differences between type 1 type 2 basis only. Type 2 can be bought in unc. for $650 from dealers http://www.drakesterling.com/coins-for-sale/products/1890-sydney-sovereign-2
Just had a batch of Sovs graded by a professional today. He's old school, 89 years old, conservative and has been a numismatist for over 60 years and there's no way he would grade that coin unc. When there is a few thousand dollars difference between grades anyone thinking of buying definitely need someone like him to keep the grader honest.
If you really want to see what you buying you go to http://www.sterlingcurrency.com.au/Adelaide-Pounds-Australian-Sovereigns
I agree - the coin is overgraded and over-priced. The scratch is enough to render it not unc. The rim knocks put the nail in the coffin. This coin has definately been knocked around but maybe through poor storage rather than circulating. There doesn't appear to be any wear on the tell tales sites. Regardless, its overhyped. McDonald's suggested pricing has been used to set the price in the title but without an image of the reverse, its hard to confirm details. Maybe the grand discount is compensation for the damage caused by the poor storage?
does it not seem odd to anyone else that the faces of that sov look so near perfect, yet the rims are so poor. Can't understand how such divergence could realistically occur.
Could be ex mount.. could of been a multi grasp.. that is some heavy duty rim damage, i doubt its all cud although some is. Id go gEF max just cos the rim damage takes away from eye appeal which will effect price. But it does have UNC "details" EDIT: Just looked at his other listings, it seems the rim "damage" is a result of the seller photoshopping the coin out and putting it onto a black background in some cases a more crude fashion than others. if the rims are ok id say its aunc 58 1for1
Yes agreed, see the sovs hes sold for heaps of $$$ with highly dubious gradings. Numismatics is for experts! 1for1
UNC strictly just means it's not been used as a coin. But we know coins drops off conveyor belts and bounces around bags before it ever reaches a bank and 22K gold coins are specialy sensetive. Only specimens and proof coins would be expected to be free from any risk of marking because you're paying for them to be treated differently. That said, some people might assume that UNC equates to 'perfect' so pointing out anything like an edge knocks would be insurance against complaints later on.
