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PCGS and Perth Minted Australian Copper
mnemtsas2
Posts: 745 ✭✭✭
My last submission to PCGS included a couple of lovely rainbow toned half pennies and pennys from the Perth mint in the 1950's and 60's. Collectors of Australian pre-decimal copper will know that Perth struck copper, as well as often being water stained and poorly struck occasionally shows up with rainbow toning. This can range from minor toning to simply eye popping toning. It's perfectly natural and not unusual for coins from Perth to be like this.
Anyway, back to PCGS. They found a couple of the coins to be 'questionable color'. Now I know they are not, numismatists down here with decades of experience who have seen the coins I sent know they are not questionable colour. There just isn't a premium down here for rainbow toned coins so AT copper coins pretty much dont exist. Nicely toned copper coins sell for exactly the same (or even less) than full red examples. And to be honest you're mostly talking about sub $20 coins anyway.
Any tips on what I should do to communicate with PCGS to educate them further? I wont bother talking about Perth copper that is full red that PCGS call red brown because that's a topic for another day.
Coin they called questionable color (remember this is taken with the coin angled to reflect light back into the lens, it isn't this strong in hand):
1952A Half Penny
Anyway, back to PCGS. They found a couple of the coins to be 'questionable color'. Now I know they are not, numismatists down here with decades of experience who have seen the coins I sent know they are not questionable colour. There just isn't a premium down here for rainbow toned coins so AT copper coins pretty much dont exist. Nicely toned copper coins sell for exactly the same (or even less) than full red examples. And to be honest you're mostly talking about sub $20 coins anyway.
Any tips on what I should do to communicate with PCGS to educate them further? I wont bother talking about Perth copper that is full red that PCGS call red brown because that's a topic for another day.
Coin they called questionable color (remember this is taken with the coin angled to reflect light back into the lens, it isn't this strong in hand):
1952A Half Penny
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I'm left wondering just how many NT Perth Mint coins have already been submitted by US-based collectors who wouldn't necessarily know any better, get them back bodybagged and, believing the TPG's verdict, either throw them away or treat them to make the toning more "market acceptable".
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Apparently I have been awarded one DPOTD.
1961 Perth mint Half Penny
Pulled it out of a roll myself, but this is just how Perth mint issues look. Besides, who'd bother ATing a $2 coin?
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If you must have it in a graded slab, you may want to try NGC.
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<< <i>I had this one come back questionable colour:
1961 Perth mint Half Penny
Pulled it out of a roll myself, but this is just how Perth mint issues look. Besides, who'd bother ATing a $2 coin? >>
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mnemtsas2 is correct. Unless multiple parties that PCGS recognize as being authoritative step up on this, collectors are effectively shouting into the wind.
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