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The Purple Penny News

You might have noticed things on The Purple Penny website have been a little quiet lately for new high quality PCGS graded coin stock. This is because PCGS are experiencing a high workload and the turnaround time for our coins has blown out for some submissions to over double what the usual time is.

Easily viewed on the PCGS Statistics page the grading times for regular submissions which is usually 15 business days has blown out over double at 33 business days and economy submissions at a target of 20 business days are coming in at 42 business days. Add a week each way for shipping and an extra week for PCGS to recognise our submission after delivery then you can see the turnaround for coins to be graded by PCGS can blow out to over 3 months! So be patient with us, new stock will be arriving soon.

On the other side of things accessory sales are doing well as collectors are realising the true value of ridding their collections of pvc storage accessories and housing their coins in our quality archival polypropylene alternatives.

We weren’t able to attend the recent Sydney ANDA show but we’ll be at Adelaide ANDA in full force in October.

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New Coins Listed

All the new coins have arrived back from PCGS and have been listed up. There’s too many for the newly listed category so take a browse through our entire site for the most recent additions. Feel free to drop us an email or “enquire about product” if you’d like to make an offer on one of our coins. Our pick at the moment is a 1933 half penny MS65BN or a beautiful 1964y half penny in MS65RB. Also keep an eye out for more world coins listed up, particularly New Zealand coins like the 1943 New Zealand threepence in MS65.

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New Coins In New PCGS Holders!

We’ve just received in a large order back from PCGS all in the new pronged holders. We’re busily listing them all up, at first without images then adding images over the coming days. If you have an interest in a particular coin then please drop us an email and we’ll be happy to add images to those coins for you asap. See the Newly Listed category for this new stock. Overall we’re really happy at the quality and grades of this submission with all coins achieving the expected grades or higher.

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PCGS MS62 2000 $1/10c Mule Available Soon

You may or may not know that up until now PCGS has not recognised the 2000 $1/10c mule and and would only slab them as errors. They now acknowledge that these coins are a legitimate Australian issue and as a result quite a few 2000 $1/10c mules have now been graded. An uncirculated example slabbed by PCGS as MS62 will become available on our website shortly at $6,000. It’s quite rare to find a mint state example of this key Australian decimal variety. If you are interested in purchasing this coin or want to be notified when images of it are available then please drop us an email.

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More New Coins

Another batch of coins are headed back from PCGS, we’re much happier with the grades assigned to these coins. If you have a interest in any of these coins please contact us for more information. They will be added to the website with images upon their return, if not sold earlier.
1964M penny ms64rb 19711107 $35.00
1964M penny ms64rb 19711108 $35.00
1964M penny ms64rb 19711109 $35.00
1964M penny ms64rb 19711110 $35.00
1958 shilling ms66 19711102 $600.00 on hold
1957 sixpence ms65 19711099 $105.00
1954 sixpence ms64 19711101 $50.00
1943I halfpenny ms63bn 19711093 $79.00
1942M sixpence ms64 19711085 $205.00
1957 sixpence ms65 19711100 $105.00
1951M penny ms64rb 19711092 $120.00
1938 Crown au55 19711131 $299.00
1946 sixpence ms63 19711094 $130.00
1944 shilling ms62 19711088 $99.00
1956 threepence ms65 19711096 $125.00 on hold
1938 sixpence ms62 19711091 $85.00
1910 threepence au58 19711089 $80.00
1956 shilling ms62 19711090 $150.00
1938 florin MS63 19711086 $220.00 on hold
1936 threepence ms63 19711087 $185.00
1925 shilling ms64 19711130 $1,850.00 on hold

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New Coins -a preview

We’ve just received some grades on our latest batch of coins sent to PCGS and thought we’d give our regulars first option in securing these coins. We’ll have some more coins and grades to share with you in the next few days. These coins are not expected back in Australia for another 10-14 days, so if you’d like to purchase one of the coins please let us know and we’ll put a hold on it for you with a small deposit required. As you can see a lot of our coins don’t even make it to be listed up for sale on the website before they are snapped up by collectors with an eye for the best.

 

CoinNotesPrice
PCGS AU58 1922 SixpenceTypical weak strike but better colour and lustre than you’d expect.$1,595
PCGS MS63RB 1916I Half PennyAttractive red-brown coin with typical glossiness you see on Indian minted coins.$650
PCGS MS64 1936 SixpenceLovely bright sixpence we expected to grade a little higher.$675
PCGS MS64 1917M ShillingPretty violet toned coin, great eye appeal.$1,375 on hold
PCGS MS65 1927 SixpenceBright white and lustrous gem, one of 2 at this grade and only one coin finer.SOLD
PCGS MS64 1913M SovereignEqual highest graded coin of the type, very pretty gold!$995
PCGS AU58 1915H FlorinAttractive keydate florin with a hint of rub on the emu.$2,395
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We’d Rather Sell It Than Move It Sale!

The Purple Penny is very soon moving interstate so we’re having a SALE!  If there’s something on the site that you’ve had your eye on for a while then now is your chance.  We’re happy to consider all reasonable offers, just contact us to discuss the newest addition to your collection.

Bank deposit payments only, must be received by 10th December 2010 when this offer closes. Includes coins and accessories.

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Spring Welcomes Some New Grades

Things have been a little quiet lately and I’ll put that down to the cold of Winter but now we’ve turned the corner into Spring a cheery disposition is warranted. We’ve recently sent over 4 submissions to PCGS with some returned already, some grades in and some still pending.  We get notification of the grading about 10 days before the coins actually arrive back to us, thus some coins already sell to our regular customers before the coins are even back into the country and they never even make it to be listed on the website.  Top population coins and high grades particularly sell quite quickly.  Amongst the grades we’ve been notified of already are a 1951PL 1/2d MS65RD, 1947 & 1948 3d MS65, 1951PL 3d MS66, 1952 3d MS65, 1952 & 1958 2s MS64, 1948m & 1950m & 1951PL 1d MS64RB.