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New Coins

Welcome Summer 2011 and our submissions have been returned from PCGS in time for the festive period. As expected the New Zealand coins graded well, we expected this as Royal Mint coins often grade higher than local Aussie made coins. There’s keen interest from collectors for us to continue slabbing some decimal issues so some lovely examples have returned in high grade with the red designation. Also slabbing well were some ever popular QEII proofs from 1963. We are in the process of listing up more pre-decimals so keep an eye on the newly listed category.

On a personal note we sent back for a second time some Aussie Perth copper from our own collections which had previously been rejected as “questionable colour”, PCGS hasn’t always recognised some of the stunning colours possible on Perth pre-decimal copper. These returned slabbed MS64RB so we’re pretty happy that PCGS have come around recognising this.

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New Coins On Their Way to PCGS

We’ve sent over a new submission to PCGS for grading to beat the Christmas rush. Our pre 1956 submission will take some time however with a current turnaround time of 57 business days this will bring us well over Christmas for their return. The modern 1956+ coins will be back sooner just in time for the holiday period. It includes some lovely QEII proofs so keep an eye out for those. We’re also dabbling in a little New Zealand coinage, the designs are so pretty and we hope for some high grades there.

We’ve also had some fantastic feedback on the mini albums. Thank you to everyone who has left us positive comments.

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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.