Cleaning valuable coins series#

Your coins will be worth more with this untouched, and removing it can damage the coin’s surface. And never attempt to clean the natural oxidation – such as tarnish on silver - that forms naturally on coins. If you’ve inherited a coin, or find an old coin somewhere, do not clean it. So why is cleaning coins a bad idea? Because an improper cleaning can damage the coin’s surface and lower its value. After all, if you owned, say, a vintage 1969 Mustang, you’d want to make sure it was polished before taking it to a car show. We can see what would drive people to do this.

To add to this, the high bullion content of Sydney mint half sovereigns, which were alloyed with silver, compared with their British counterparts, which were alloyed with copper.If you’re looking to sell coins in Bucks County, you might think “I should clean them first.” Only 3.3 million half sovereigns were produced from 1855 to 1869 resulting in individual years being very scarce and valuable. This lead to the production of half sovereigns in Sydney as of 1855. 1 Sydney Mint Half Sovereigns Walter Eigner The discovery of gold in the colony New South Wales in 1851 prompted a surge of immigration among prospectors seeking wealth in the new colony. These featured the Australian Coat of Arms on the reverse and the crowed bust of King Edward VII on the obverse. The first coins issued specifically for Australia were struck in silver and of the denominations threepence, sixpence, shilling, and florin. While the Melbourne mint was producing sovereigns and half sovereigns at the time, these were technically Imperial British coins. 2 The Silver of Edward VII Walter Eigner Although Australia had been a nation since 1901, it wasn't until 1910 that her first official coins were produced. Perhaps you're an investor looking to value your coin portfolio. Maybe you're a seasoned collector already looking to get more precise values for your coins than the printed catalogues can offer. Valuing Old Coins Walter Eigner By far the most common question we get asked is 'what is my coin worth?' Perhaps you found a few old coins which is why you're here reading this article. While today most Australian coin collectors favour PCGS graded coins, a recent incident has reaffirmed the importance of and buying certified coins and valuing them first, especially when buying on-line. The case for certified coins Walter Eigner The debate on certified coins vs uncertified coins has been going on in Australia since PCGS first reached the mainstream Australian market back in 2008. For just a few dollars you could obtain a later year mint-state pre-decimal coin, and for less than the cost of a modern proof set you can purchase a George V (1911-1936) pre-decimal coin. While there is a general impression that old coins are too expensive for new collectors to collect that couldn't be further from the truth. 2 Collecting Old Australian Coins Walter Eigner Collecting old Australian coins provides a fascinating glimpse into Australia's history through its circulating coinage. Moreover, people were continuing to hoard silver and copper coins in money boxes for fear of instability resulting in banks running out of coins to function their day-to-day routine. However, the availability of metals, especially copper and silver used for coins, was in shortage due to it being used for the war effort for munitions. 2 19 Bombay Mint Copper Anna Fhaumnuaypol During wartime, the demand for pennies and half pennies increased immensely due to pay requirements of Australian and American forces within Australia. It represents a very interesting look into the past since when it was first introduced in Australia in 1910. 2 Rare Pre-Decimal Coins Anna Fhaumnuaypol Pre-decimals are coins that everyone, whether you are a collector or just starting out, usually have in their collection which have the potential to truly worth a lot of money. Dealers typically advise new collectors that cleaning will devalue their coins then they go ahead and happily sell cleaned coins.

2 Cleaning Coins Walter Eigner Cleaning coins is one of the most divisive issues in coin collecting though most of the contention stems from a misunderstanding of the problems with cleaning coins. Due to its popularity, the coin was re-issued in 2006, 2010, and 2016 as part of collector sets. It was first issued in 1966 and continued as a regular issue until 1991.

Cleaning valuable coins series#

Recent Articles The Australian One Cent Walter Eigner The Australian One Cent is a keenly collected series owing to its attractive design and relative affordability.