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Iceman

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Journal Entries posted by Iceman

  1. Iceman
    Back on June 2nd I submitted 21 Icelandic Coin for grading that I have collected for a number of years and finally decided to have them graded and did very well with them. I also mentioned that I had around 30 more to send in as well . Its been nearly 3 months now and I sent in a total of 22 more coins.... Most of these coins are from the Republic era that span from 1946 to 1980. What I sent in was a bunch of 10 Aurar from 65 to 73  a few 1 Krona 61 70, 71, both 73's  and to my delight a newly acquired ...last week.... a beautiful Gem 1957 1 Krona  I sent one in 3 months back and it came home a MS63 which I was happy with because it had a light fingerprint ..this year and the 57 is very very hard to find in MS UNC ...But the new 57 is in incredible condition and it will not surprise me if it gets a MS66 . and the other coins I got after the last submission is a 1959 5 Aurar and again the last one only got a 63 but this one should get a least a 65  These late 50's coins are really tough to find in very nice condition....I just got lucky   The other coins are a 50 Aurar and a 66 2 Kronur normal planchet   and 5 Kronur and a few 10 and 50 Kronur coins that should all grade around the MS 64 to 66
    But The best two are the 1966 Thick Planchet 2 Kronur and the 2000 10,000 Kronur Gold Comm in ultra cameo... I had both of these coins for years but about seven years ago I sold all my Icelandic Comm's because I needed cash and the only one I didn't have was the 1961 Jon Proof ...But a friend in Iceland did come across one that he sold at auction and got over $5000 for it and if I had the money It would have been in my collection...Boyyy The up and downs of collecting ....Its madding 
    As you can imagine it has been very costly to replace all these coins but its finished now and that makes me happy again..... 
    I will post the results when I get them ...I did send in the 66 and 2000 gold in Express Tier and they got them today....This coming Friday.........I hope
     
  2. Iceman
    I'm the most happiest coin collector in the world right now. I just received my submission results from NGC and was super happy with the out come of the coins I sent in. I only needed two coins to complete this set a 1942 1 Eyrir and a 1942 10 Aurar and both are very hard to find in a grade above 63  that is worthy of sending in. The 42 1 Eyrir is a very common coin but never seen one that would grade above a MS-63.... I had one that would grade higher then a MS-63 put was holding out for something better.... may be a nice red one... but having searched for 16 years now I just thought best to send in the one I have been holding on to for 8 years now ... it has a very nice dark blood red with some  nice luster and toning to it that makes it a beautiful little coin.....And to my delight the graders thought the same thing they gave it a MS-67 Brown....WOW ...It nearly knocked me over.....The highest grade given to any Kingdom Era coin from Iceland......
    The other one I needed was a 1942 10 Aurar that was make out of a Zinc alloy and any one that is aware of how difficult zinc coin can be to find in nice MS condition will know  the searching involved to find one never mind the fact that this coin had a low mintage  of 2 million would be very hard indeed. Well after another many years of looking I finally found one that was worth sending in...It has a small planchet flaw but very nice luster with very little dark wood grain running threw the coin itself. It came back a MS-63 Very Very happy with the grade ...There is one graded higher that is owned by my friend Siggi in Iceland.   I had upgraded four more coins to my set A 1925 1 Krona to a MS-65..... A 1942  25 Aurar to a MS-63.... A  1923 10 Aurar to a MS-64  and addition to these coins I also found another 1933 25 Aurar that came back a MS-62 and also a 1925 2 Kronur  came back a MS-62.
    Well this is my happy day.....  
     
    OH.....Forgotten to Thank NCS and NGC......Thank You....          
  3. Iceman
    I have seen a Ebay seller from Maryland put up around twenty Icelandic 1942 5 Aurar's coins in ANACS holders with a grade range from MS-64 to 66 and from RB to RD but he wants anything from $75 to $250 for the 66-RD. I offered him $150 for the best looking 66 red but would't take it and since you couldn't magnify the image of the coin so there was no way to see the details. I have read in the past that ANACS have graded some coins as much as 2 points higher then NGC or PCGS so all this had me very concern about just how nice these coins really are. 
    About two weeks ago I was searching the internet and came across a coin site by a Dr Bruder and he had a 1942 5 Aurar MS-64 RD in a PCGS holder and only wanted $59.95 so I snapped it up and it now in my collection . Until these coin were on the net I have never seen a red 5 aurar before I have RB ones but no RD's Someone must have been to Iceland in 1942 or about that time and saved a whole bunch of them.  

  4. Iceman
    Well For the past few months I have been pondering on sending in the Icelandic coins I have been collecting for the past 15 years from the Republic era from 1946 to 1970's and being that modern tier from 1955 to date is $5 dollars cheaper I decided to mail in 21 coins for grading....Mostly 5 Aurar's  and 1 Krona's with two 2 Kronurs and as well as four proof coins....Well off to the post office.   
  5. Iceman
    The results of my submission of 21 Icelandic coins to NGC for grading....
    (001) 1957 25A - MS-66      (002) 1959 5A - MS-63RB      (003) 1960 5A - MS65 RD     (004) 1961 5A - MS-65RB     (005) 1963 5A - MS-65 RB
    (006) 1966 5A - MS-64 RD     (007) 1957 1K - MS-63     (008) 1959 1K - MS63     (009) 1962 1K - MS-65     (010) 1963 1K - MS-65     (011) 1965 1K - MS-66
    (012) 1966 1K - MS-66     (013) 1969 1K - MS66     (014) 1974 1K - MS-66     (015) 1975 1K - MS-67     (016) 1962 2K - MS-65     (017) 1963 2K - MS-65
    (018) 1986 S500K Banknotes- PF-70 UC    (019) 1994 S1000K Bjornsson PF-69 UC  (020) 1994 S1000K Asgeirsson PF-69 UC   (021) 1994 S1000 Eldjarn PF-69 UC
    I'm very happy with the results and what was the best part about it was the fact that they received the coins on June 2nd ( It took 13 days to get there by USPS PRIORITY MAIL......) and was finalized and shipped on the 9th a week later.....Well I'm just going to have to mail out the other coins I have been holding on to for a long time.
       
  6. Iceman
    When I arrived home today I noticed a thick large padded envelope sitting on the kitchen table that my wife brought in sometime today from the mail box and it was from NGC and thinking what can this be and to my delight it was a plague with my Registry award for my Icelandic Kingdom Era Collection. Was not expecting this at all, maybe a paper certificate.  Thank You NGC for this wonderful plaque and I will proudly display it in my home.    
  7. Iceman
    I just got finished buying three more Icelandic coins from a Ebay seller and now I'm convinced that I have a problem with these darn coins. I have never been obsessed about anything in my life other then my work....But when it comes to coins especially my Icelandic coins I'm a total Loony-Tune. As I was scrolling down the ebay listing to see if anything good was posted ...My heart began to race and I intensely clicked on all three listings and bought all three of the four coins the seller put up. They are truly beautiful coins with two of them have some really nice toning....So I just had to have them.....God.... Please Help Me ,,,,I don't ask for much........LOL
    Well here are the pictures of my latest additions to my collection
       1929 2 Kronur MS-66  

    1946 2 Kronur MS-65

    1946 1 Krona MS-64

  8. Iceman
    One hundred years ago in 1922 Iceland issued there first ever partial set of legal tender coins the 10 and 25 Aurar's.  With a growing nation that was in desperate need for coinage because all the coins used up to that time was from other nation's like Denmark, Norway or they would use tokens that was issued by large merchants companies that was either based in Iceland or Denmark and even the Faroe Islands. Iceland banned the use of tokens prior to 1922 because merchants can manipulate the cost of such things as bread For instead when the consumer tried to pay for a loaf bread using a token they were given in change for one free rye bread the merchant would tell the person at a later date  that the cost of the bread as risen and the token was no longer acquit for the promise of one free loaf of bread causing the consumer to fork over more funds for something they should have been given for free from the get-go.  The first and only coins for this year was the 10 and 25 Aurar minted in Copenhagen Denmark and in 1925 was when the next denominations was produced the 1 Krona (singular)  and 2 Kronur (plural). It took 100 Aurar's  to make a single 1 Krona and in 1926 was when the final three denominations was produced the 1 Eyrir (singular) and the 2 and 5 Aurar's (plural). It took four years to produce the seven coins needed to complete a set of coins comprising of all denominations.
       The 1 Eyrir and the 2 and 5 Aurar's minted by the Copenhagen mint was made of a 95% copper  4% Tin  1% Zink from 1926 to 1939 but they did mint a few 2 Aurar's dated 1940 before the London's Royal Mint in England Took over the mintage of all the coins dated from 1940 -1942 after Denmark was occupied by Nazi Germany. They changed the composition of all the copper coins dated 1940 to 95.5% Cu   3% Sn  1% Zn  but they made one final change for the dated 1942 Copper coins to  97% Cu  0.5% Tn  2.5% Sn . From my understanding according to the records of the Royal Mint the new updated second metal change accrue part way into the production of the 1940 dated 5 Aurar so there are two different metal composition varieties for the 1940 5 Aurar coin but none for the dated 1940 1 Eyrir and 2 Aurar since they were all ready minted. The royal mint did not always produce the individual coin denomination the year that was indicated on the coin and it is believed that some coins was minted as far as two years after the date like some of the coins dated 1942. and the 1940 1 Krona and 2 Kronur was produced as far as into 1944.  On a interesting note Staffen Bjorkman noted in his 15 page summary on Icelandic coins 1918 to1959 he made mention of a 1925 1 Eyrir with a mintage of 4000 pieces which the Icelandic national museum collection never made any mention of one ever having existed but this may only be nothing more then the first batch of 1926 Eyrir's ( 4000 coins ) was just the number of coins that was minted in 1925 for the 1926 Eyrir just like the U.S. mint does by Producing the following year's coins. Record keeping can be a problem if its not written down correctly. There are some interesting varieties for the 1 Eyrir from this time period some known and some not, But that's for another journal.  I have tried to research the Copenhagen mint records online and to no avail I couldn't find any records having to do with the minting of Icelandic coins. Maybe I need to hop on a plane to Denmark. 
    Thank you  for reading my journal entry and I'm going to write more about the mintage of Iceland Kingdom Era coinage in my near upcoming  journals       
  9. Iceman
    Re: Heart aches of coin collecting
    Well my friends here at the collectors society I have finally found the 1940 proof set from Iceland that I was talking about last April when I wrote a journal entry about NGC grading a complete set of 1940 proof coins from Iceland and how I lost the bid on a seemlier set that was being auctioned off in Australia in July of 09 that sold for $2600.00 AUD and only to see that very same set being sold by Strand Coins (Who won the auction) in Australia for 15,000.00 dollars AUD. And then seeing that NGC graded a 1940 set from Iceland.....Boy did that make me depressed. Well that very same set that NGC graded came up for auction at Stacks last month and I won. Well to say the least I was so happy that it made me nerves because I was afraid that the internet bidding made a mistake because all the bids was not in yet because of delays....Well any why I got my invoice,,, payed for the set and became a very very happy camper once again. When I got the set from the auction house I see that the coins has a thin layer of film on them so off to NCS they go and to have them placed in individual holders

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  10. Iceman

    RE:OK Just exactly

    By Iceman,

    The future of Coin Grading
    RAM-VT Journal entry has sparked some ideas of want the grading system will be like in the future. I can remember as a kid looking at both the Redbook and the Bluebook and only seeing the one price for any coin in UNC only. The dealers back then would have a higher price's for those coins if they were better then most and even higher price for those that showed exceptional quality of preservation. Its always been a dealers game even before the Sheldon's scale was put in affect. After the grades of Unc, Ch-Unc, BU, and Gem-Bu has come and been accepted for a number of years, The coin dealers were very happy, but after a few years has past with this grading system well into affect they stated adding a (plus) sign next to the grade that they felt was a little bit better then the grade that they assigned to that particular coin, Thus pushing there asking price a little bit higher. Now all this did was to help confuse and make the new collector very weary of coin dealers because many dealers had over graded there coins in the first place and thus making it harder for the collector. By Know ANACS has come into the picture, but was not fully accepted because not many people liked the idea of having there coins entombed in plastic,,,I know I didn't, But the idea slowly became more and more popular because people started to awaken to the fact That the art of coin doctoring and other shady practices was well rooted in the coin hobby. Well then came PCGS and NGC, Both great TPG to give a more sense of worth and honesty to this great hobby of ours and making the coin dealers more respectable if not more honest. Now to the present time and with the introduction of the full 70 point system and its + and * designations pushing it to 30 to 39 different Unc grades as VAM-VT put it and with the CAC now in the picture, There is only one way we can go now with this is to take the human element of grading process and replacing it with a Super high laser scanner and digital electron microscope cameras that would be so sensitive That it would pick up every mark,blemish,toning with colors as well as all the features of the strike of the coin. Those giving us a 101 point scale for a MS-00 to MS-100 and now after something like this comes along it would also be applied to all grades below MS-00.... Another crasy idea would be if these machines can be installed, Like a ATM at all the Major coin shows and someday have a compact unit like the size of a scanner next to your laptop or a Apps for you IPhone, Don't laugh its right around the corner.
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  11. Iceman

    Unbelievable

    By Iceman,

    What a bunch of insufficiently_thoughtful_person's
    I was watching a ebay listing for a 1959 1 Krona that was graded by PCGS at MS-65 sell for over $39.00. what kind of person has a $3.00 coin graded by PCGS and tries to sell it on ebay and expect someone to pay that kind of money or more for it unless that person has a few people bidding on it for him/her (Plishing The Bid)in Hopes a person like me will be willing to pay that kind of money for it,,,Yeah Right ,,,not in this life time since I have a group of great people in Iceland and here in the States looking for these coins for me without such high prices,,granted the cost of grading and all,,There are only a few people that really collect Icelandic coin and those people will not pay those kind of over priced coins unless they are worth more then $3.00 I'm putting a set of Icelandic coins together from 1946 to 1966 and no matter what the condition of these coins are they are not worth spending that kind of money to have them graded because they would never ever be worth it. So to the poor sap that payed all that money for this coin,,,You have my sympathy.
    Another listing I was watching last week was a 1973 50 Kronur graded by PCGS at MS-65 that had a so so toning, And to my amazement it sold for just over $114.00. I know people like toned coins and so do I,,,But 114.00 bucks for a less then a five dollar coin,,,,That's INSANE pure and simple. And for the poor sap that bought that coin I have two thinks I can offer you,,,,One...A straight jack or Two..A bridge that was built in Brooklyn. There has been a few dealers on ebay that have been trying to sell a key date 1931 5 Aurar in a nice UNC for around 40 to 100 dollars with no bites...The one that is listed now had been started at $100 and then at $85 and the dealer has since listed it two more times for under $50.00 and no bites...Now why wouldn't anyone that collects Icelandic coins not jump on this...But if I was to bid on this coin all soughts of people would show up out of nowhere to bid the coin way up. Since I stated buying Icelandic coins on ebay back in June of 03 I started to notice that people that never had bid or won a Icelandic coin was showing up at those auctions to bid so I started to keep track of all the bidders that participated and keep a list of them and checked there feedback,sometimes they would win,if the bid didn't reach the full value of the coin and sometimes they would lose,,,If it became over prices... but the funny part of it is that they never seemed to have bidded on Icelandic coins before but just bidded on coins from that dealer,,,but now since ebay keeps the bidders ID hidden you don't know for sure if he's bidding for the dealer. Another funny one was a dealer that was selling Icelandic notes from the years 1948 to 56 and one person was bidding on them all for just under book value...He must have won everyone of those auctions,,,enough to wallpaper a small room and all of them had the same signature's on the notes,,,either he was working for the dealer or he's another one that needs a straight jacket. So to my fellow coin collectors beware of what the dealers on ebay are doing. Stop buying coins on ebay since there is so many good dealers and reputable auction house's out there to deal with.
    Thanks for taking the time to read my rant
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  12. Iceman
    A COIN THAT WAS MINTED FOR ICELAND
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  13. Iceman

    Merry Christmas

    By Iceman,

    To All
    I would like to wish everyone a Merry Christmas and a Happy New Years and for our Jewish friends a Happy Hanukkah,,,,and for the rest of you a Happy,,Healthy and prosperous New Years

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  14. Iceman
    Only 10 slots to fill
    Well I finally completed adding all the coins in my set,with only 10 slots to filled. Out of the 10 slots, I have seven of them in unc that need to be graded and one, The 1933 25 Aurar that would properly grade a low end AU which would leave only the 1940 Proof 1 Krona and 2 Kronur. Only by a act of God would I ever acquire such coins. The Royal mint in England only produced the 1Eyrir to the 25 Aurar in proof and the King Norton Mint (ICI Imperial Chemical Industries ) made the 1 Krona and 2 Kronur and the only coins that I'm aware of other then the circulated strikes is the specimen's they struck for there own collection that came up for sale a few years ago. Harry Spencer wrote a paper about the proof collection of coins that is housed in anyone of England's museum and noted in his report of all the coins in the collection as proof and no mention of a 1k and 2 k being a proof and only the 5 other coins as being proof, so there may just not be any. I have included a picture of one of the 1940 2 Kronur Specimen I have, with the other one being struck from a yellowish brass alloy. As you can see that this coin has a silvery looking metal alloy that properly has much more Tin in the brass alloy. Now is this coin a proof since they called Specimen's proof back in the day in England and no one ever bothered to use the correct terminology as described today. Please if anyone knows anything about how England differentiated the proofs from the specimen strikes and how they used it in its history of coin making, would be greatly appreciated.

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  17. Iceman
    My 1925 2 Kronur
    Well after nearly 8 years of searching for a Ex-Fine or better gradable Icelandic 1925 2 Kronur coin with a mintage of only 126,000 coins, My search has finally come to an end with much more then I ever expected result from my NCS/NGC submission. I obtained this coin from a Icelandic coin club auction back in early September. My friend in Iceland went to the auction on my behalf to bid on this coin for me but what was more interesting about this was that the coin was graded at 01 or Ex-fine to AU and my friend circulated around the auction that he was bidding on this coin for a buyer in the U.S. and was told that he was to bid what ever it took to win this coin....Well no one else bidded on this coin so I won this coin at the opening bid of $68 bucks. When he send me the coin I noticed that the coin had a thin layer of film on the coin which made me think that the owner of this coin thought that this was wear so after sending the coin to NCS and then to NGC the coin came back a MS-63. Now with a mintage of only 126,000 coins,,, only 3 to 5 are known or believed to be Mint State in Iceland and NGC was the first TPG to grade such a coin. Up untill now I have been only able to find a VF at best and I would have never thought that I could find such a wonderful coin like this. So to NCS and NGC Thank You for a wonderful job.
    Here is a picture of the coin just before submitting it to NCS

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  18. Iceman
    What A Disappointment But All Good Things Comes To Those Who Wait
    About two weeks ago I received my auction lot I won on August 15th which had a 1925 2 Kronur in it, Which looked really nice and I thought it would grade an AU but when I held the coin in hand it looked horrible to say the least. I guess the auction house must have used some kind of scanner that left a lot of the detail out of the surface of the coin that made it look so much better then it was,,,I was really amazed at the difference. So I contact the auction house in Denmark and told them I was not happy at all with the coins and they told me to mail them back for a refund. So in the long run I lost about $50 bucks with the registered mailing back and forth.
    Well A few days after the 08/15th Danish auction I get a email from the Icelandic Numismatic Club in Reykjavik, Iceland with a list of coins and metals they have in the September monthly auction and was surprised to see that the 2nd coin on the list was a 1925 2 Kronur coin in 01 condition which means that the coin could be anything from EX-Fine to AU, So I contacted my friend in Iceland that's a member of the club and asked if he has seen this coin yet and he told me that he will be going to see the coins in two weeks or when they will be on display. When he got back to me after the veiwing he told me that this coin has nearly full mint luster and the only better one he has ever seen was in the National Collection, which is UNC. Well I got all excited to hear this and told him to get this coin for me at all cost and he told me,, Just leave it to me. Well he got back to me about the coin and how he got it was rather slick on his part, He circulated a story about how he was representing a buyer in the U.S and told people that he was authorized to bid up to $450 dollars and low and behold I won the coin at the opening bid of $68 Bucks, Boy am I a happy camper because of a great friend in Iceland. The 1925 2 Kronur was the first one to come up in auction in Iceland for at least 7 years, whether one has come up before that, I don't know, but I do know that this coin is very rare in EX-fine and up condition with only a few, 3 to 5 known in UNC.
    Here is a picture of my new addition to my collection of Icelandic Kingdom Era Coins

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  19. Iceman
    I Have Searched For Nearly Seven Years
    Hello Everyone
    After looking for seven years for a 1925 2 Kronur coin that was anything better then a VF may have come to light. About just a little over a month ago i got a email from Brunn Rasmussen Auction House in Denmark, Well I have been getting these notices for six years now and none of there auctions never held any Icelandic coins that I wanted until this one.
    With no thought of finding any thing in the auction I lazily browsed the catalog and came up to a listing stating that they had a 1926 2 Kronur a few other Icelandic coins and some danish commemoratives, Well there is no 1926 2 Kronur they must have meant a 1929. Well I clicked the listing and then the picture and they had a zoom in feature so I zoomed on to the 2 Kronur thinking it would be a 29 and HOLY-SH*TTTTT its a 1925 and it looked great, But the only problem was that they only showed one side of all the coins, well for a month up till this passed Sunday I checked 2 or 3 maybe more like 6 or 7 time each day waiting to be outbidded, I even got up early Sunday morning to make sure no one outbid me well to make a long story short I won the lot for 100 Danish Kronur under estimate. Well now comes the other waiting game for them to ship it to me. The coin looks to be possibly a AU so my fingers are crossed while waiting for the mail.

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  20. Iceman

    FRESH FROM NGC

    By Iceman,

    IF ONLY I COULD FIND A 1933 25 AURAR IN UNC
    On July 29Th I seen the results of my submission of a Icelandic 1925 25 Aurar and was happy to see that my coin was given a MS-64 grade, But was hoping for a 65. Its more about the coin then the grade when it comes to rarity, This is the only one I have come across in the 6+ years I have been assembling this set of Kingdom Era coins from Iceland. So how can I complain about a single point....NOT, As my teenage daughter would put it. Now if only I can find a 1933 25 Aurar that would grade even a MS-60 I would be happier then a pig in the mud, Well a 64 would be better.

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  21. Iceman

    Re Apologize

    By Iceman,

    Hard Times
    We live in uncertain times that can be very scary for many of us and praying for good fortune is not something uncommon for any one of us, we all have done this in the past for many reasons we can not even fathom. So what he asked for your prays, He was just reaching out for help, For what ever reason he had. When I first read his journal about this I thought to myself that it was odd to ask people to pray that he gets 70's on some if not all of the coins he submitted to NGC and then a few moments later figured that he must be in some financial need for him to post a journal for prays about these coins.
    Well I would almost call ourselves a brotherhood of the Society and we should try to not jump on other members because of personal differences or believes and try to understand were they are coming from. And if you don't know what a member is saying ...why not ask them yourself instead of jumping to the wrong conclusion.
    We all have our own hardships so lets not take it out on other members of the collectors society.
    I wish you all good health,fortune and happiness
  22. Iceman
    Just Checked NGC POP Report
    Now After reading the new report for coins graded by NGC for Iceland. I became depressed over what I seen .....A complete set of 1940 proof coins which I have been searching for in the past six years of collecting Icelandic coins from the Kingdom Era 1926-1942. NGC had at one Time graded all but the 1 Eyrir before I started this collection and hoped that they would show up at some point, that never came. Last year in July a 1940 and a 1946 proof sets came up for auction in Australia from one of the mint's collection that the London mint had given them at the time of there minting as well as other UK mints for there collections. Well besides the five UK mints and the two sets of each sets in the Icelandic museum there are not many more around. I bidded on the two sets from last July.... but sadly didn't win them ,but two months later the same sets showed up at a coin firm in Australia which now wants some really crazy amount of money for them, We are talking about 3,000.00 A.U. Dollars for each coin which is about over 14,000.00 U.S.D. After seeing the 1940's set graded I checked with the coin firm and saw that there set was still for sale, So where did this new set come from. I shore would like to know. and If they are for sale. Another thing is that I have not been working much this past winter and the funds for these coins are non-existing right now. There are only a few coins left for me to find to complete my set and to see two Set's come by in the past year and not being able to acquire them is very depressing for sure. The Heart Aches of Coin Collecting......Can be very Depressing.
  23. Iceman
    Result's of The NCS/NGC Submission of Icelandic Proofs 1958 to 1962
    First i would like to share my lose of my mother on January 31 of 2010 from cancer. We had a beautiful funeral for her with so many people attending that i didn't have a clue to who some of them were. I felt the need to share this in my journal because it was my mother who first sparked a interest in coins by giving me a old silver standing liberty quarter back in the mid-60's. She was born in Iceland on December 11, 1934 and came here to the U.S. in July of 1960 after marring my Step father.
     
    I submitted five proof coins to NCS to go to NGC for grading and I was very pleased of the results of my submission. They all had a film on them and a few had spots. Well NCS did a beautiful job of conserving them and was a bit surprised of some of the grade's I was given. Below is a list of the grades I received.
    1958 5 Aurar PF-63RB
    1957 10 Aurar PR-68 Cameo
    1957 1 Krona PR-64 Cameo
    1963 1 Krona PR-63
    1962 2 Kronur PR-64
    These coins are very rare and like i said in my previous post only 10 to 15 of each was ever minted and was not meant for the public but only to visiting VIPs. the 0ny disappointing part of this submission was that NGC would not place the name of the Icelandic Bank Director on the slab. I had acquired the coins with the help of a friend and the Icelandic Numismatic museum director from the Thor Family in Iceland even thou I had a letter from the museum director stating these facts.
    Well happy collecting to you all and I hope you find the coins of your dreams,
    P.S. I just got another Icelandic proof a 1954 25 Auar which looks very good, it may even get a Cameo destination.
    Those of you that would like to see these coins look up the certification numbers for 3375335-001 to 006. There is a 1929 10 Auar that was thrown in with the submission. Let me know what you think of them.
    Thanks again
  24. Iceman
    Back from NCS/NGC
    I checked my USPS tracking number this morning and my 5 proof coins are coming home to me today. After reading a recent journal by davidk about going postal I became a little worried about the post office losing my coins but was very happy and relieved to see that I'm getting them back this morning. These coins are very rare (10 to 15 minted for each) but not expensive. They can range from $70 to $125 dollars for impaired proofs and up to 3 to 4 times that in BU condition. I'm very happy with the results from NCS/NGC, Two of the coins which I payed 2x impaired price for came back with the cameo designation. The results from my submission are.
    1957 10 Aurar Proof-68 Cameo....OH WOW..
    1957 1 Krona Proof-64 Cameo... WOW
    1958 5 Aurar Proof-63 ....Great
    1962 2 Kronur Proof-64....Great.. Have one in 66
    1963 1 Kronur Proof 63....Great
    All I need to complete a proof set is the 1 Eyrir, Then I would have one of each for this time period. I have a 1954 25 Aurar being sent to me right now as we speak
    The 1940 and 1946 set is almost impossible to find. Both sets did come up for auction last year in july from a museum collection but I did not have the money to out bid the other bidders.
    Thank you for reading my journal and I wish all of you the good fortune I had in the past year in finding your special coins
  25. Iceman
    My Icelandic coin Collection
    Well its been a very interesting year for my collection of Icelandic coins. First, I found out that the 1939 1 Eyrir really had three different varieties for this date which I found the last one about two months ago, KM only states that there are only two. Second, I found a later die state repunched 9 of 29 for the 1929 10 aurar in a real nice unc. Third, A wonderful 1946 2 Kronur with great mint luster just like the day it was minted well maybe the next day. this type of coin is all most impossible to find like this. And Finally my best bunch is the 5, Yes 5 proof Icelandic coins dated from 1958 to 1963. Now these are the ones that are so impossible to find considering that they only produced somewhere between 10 to 15 for each year and denominations and this little bit of info came from a man in Iceland that works for the numismatic museum there. I was told that they only made these for visiting government people to the mint in London from Iceland. This same man also brokered the purchase of two of these proofs coins from the family of a former Bank director that served the national bank for many years The remaining three other proofs came from my other sources in Iceland. These five proofs have yet to be graded and will be sent to NCS first then to NGC. And I also found some nice other Icelandic coins to add to my collection as well but this are the main coins worth mentioning here.
    Well I hope everyone had a great year of collecting and I wish everyone a Happy Holiday and a great new years