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FAQ and Helpful Tools

Selling My Coins

We are always on the lookout for more coins to purchase. We purchase entire collections, deceased estates and also individual items.

Below is a list of the types of items we are most interested in;

  • Mint and Proof Sets
  • Circulated Coloured $2 in Very Good and Clean Condition
  • Australian Decimal Mint ROLLS and BAGS
  • PCGS Graded Australian Decimal and Pre-Decimal Coins
  • PCGS Graded Australian Notes
  • Uncirculated Carded Coins
  • Mint and Proof Sets
  • Commemorative and Proof Coins
  • Royal Australia Mint Products

​If you have something to sell, or if you are just looking for some guidance to work out what your collection is worth we are always happy to help.

In most cases, we can come out to see you, otherwise this would generally be done via phone / email.

If you would like more information please contact us via email on pockettreasures010@gmail.com or alternatively please send through your details and photos of your coins via text message to 0434 344 846.

Coin Grading Terms

Coin Grading Terms

Coins are rarely exactly one grade or another. The following grading scale is a guide only as grading is based more on ones opinion and can vary from person to person.

GEM - Uncirculated 

The highest grade a coin can reasonably be expected to occur in, the strike of the coin will be strong, detracting marks will be very minimal , the coin will have virtually full lustre and a patina or toning may be present, the coin will have strong eye appeal.

CHOICE - Uncirculated 

The coin should be fairly well struck although some weakness due to the type of coin or wear of the die is still acceptable. The coin will have a minimum of detracting marks and should still show a large percentage of mint lustre, this coin should also have nice eye appeal.

UNC - Uncirculated

A coin that has not been circulated, shows no wear and mint lustre will be evident however, the coin can have been struck from worn dies, (coins struck from worn dies will be indicated as a weak strike in the description, whereas a coin struck from a near new die will often be described as well struck!)  Some detracting marks may be evident due to modern minting methods coins striking against each other, this is often referred to as bag marks!, this also occurs during initial shipping from the issuing mint to the banking authorities.

aUNC - Almost uncirculated

Similar to Uncirculated but will show some minor traces of wear on the high points, the coin still shows a good % of mint lustre.  This grade of coin will exhibit a very small amount of wear due to minimal circulation.

EF - Extremely fine

A coin that has had a short period of circulation and will show very slight wear on the high points that is barely noticeable to the naked eye.  However, consideration should be given to the original striking of the coin and the condition of the dies, a worn die may result in a softly struck coin which is in fact uncirculated, some mint lustre may be apparent..

VF - Very fine

A coin that shows obvious signs of circulation, the high points and more intricate parts of the design will be completely worn away, some minor edge knocks and rim damage may be present. The coin should still be collectable with all the main features and details clear.

F - Fine

Shows extensive signs of circulation, most of the details are worn away although the general design will still be evident.

VG - Very good

The lowest collectable grade a coin can be given, will show extreme wear but the basic design and date will still be readable. 

Identifying Australian Banknote Signatures

A great tool to use when trying to find out the rarity of your banknotes and whether they are first or last prefix is a website called Australian Banknote Checker. One of the required selections is knowing the signatures on the notes.

Identifying signatures is difficult at the best of times let alone trying to distinguish the flowing script and small size on our banknotes. 

Below is a quick guide to help you with this task.

 

H.C. Coombs and R.J. Randall

J.G. Phillips and R.J. Randall

J.G. Phillips and F.H. Wheeler

H.M. Knight and F.H. Wheeler 

H.M. Knight and J. Stone

R.A. Johnston and J. Stone

R.A. Johnston and B.W. Fraser

M.J. Phillips and B.W. Fraser

B.W. Fraser and C.I. Higgins

B.W. Fraser and A.S. Cole

B.W. Fraser and E.A. Evans

I Macfarlane and E.A. Evans

I. Macfarlane and K.Henry

Glenn R. Stevens and K Henry

Glenn R. Stevens and Martin Parkinson

Coloured $2 Coin Checklist - free download

We've been working on a coin list to help both new and old collectors of the coloured $2 coins. Please feel free to download the checklist and let us know your thoughts.

Happy collecting!

Coloured Coin Checklist

Contact us

Coin Clubs / Numismatic Societies

When I first started to really get into coin collecting I searched up my local Numismatic Club and attended one of their meetings. From there the rest is history. Local clubs have members that have a wealth of knowledge and are there to help and educate new and old collectors. I highly recommend doing a quick search and see which club is closest to you and attending at least one meeting. 

My local club is Geelong Numismatic Society.

The Geelong Numismatic Society was founded in 1965 and has been meeting on the 4th Friday of each month from February to November. The meeting’s usually take the form of a talk on a numismatic subject, either by a member of by a visiting guest speaker. They also have a general discussion on the latest happenings in the world of numismatics. Sometimes small auctions are held at very reasonable prices. There are displays of member collections and a chance to get to know everyone over a chat during supper at the end of the evening.


Meetings are held at the Uniting Church Hall, 42 Thompson Street, Belmont Victoria starting at 7.00pm on the 4th Friday of each Month.
You can make enquiries by calling 0408 181 872 or by emailing geelongns@gmail.com

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