By
Originally published on baldwin.co.uk 12th June 2023
Read the full story here
Over the past twenty years, the coin market has experienced a dramatic surge fueled by economic instability, low interest rates, and a growing interest in tangible assets. This boom has been particularly pronounced for rare coins in exceptional condition, largely driven by the rise of third-party grading. These unbiased assessments have transformed how collectors and investors value coins, making pristine examples even more sought after.
The fascinating stories behind some of these prized coins highlight their allure. Take the 1729 George II Proof Guinea, for instance. Graded PF65, this coin stands as a pinnacle of rarity and flawless condition, capturing the attention of serious collectors. Similarly, the 1645 Charles I Silver Three Shillings, though struck under siege conditions during the English Civil War and in poor condition, offers immense historical value. Its story of survival under dire circumstances makes it a unique collector's item.
Then there's the Henry VII Sovereign, a coin of great historical significance. Despite being one of the finest examples available, minor imperfections have prevented it from receiving a top grade from third-party graders, affecting its market value. This case exemplifies the contentious debates surrounding third-party grading, which, while elevating some coins, can drastically diminish the perceived value of others due to minor flaws.
These examples underscore the profound impact third-party grading has on the coin market. Whether you see it as a boon or a bane, there's no denying its role in shaping current trends and values.
To dive deeper into these intriguing coins and the nuances of third-party grading, read Neil Paisley's full article on Baldwin's website here. Discover how grading has revolutionised coin collecting and why these pieces hold such captivating stories.
