Buying & Selling
1. How do I consign or sell coins to Cyber Coins & Banknotes?
Cyber Coins & Banknots is always looking for new items for purchase or consignment. We are constantly searching for coins to buy and would be pleased to hear from anyone, collector or dealer, who has ancient, medieval, Australian, world or British coins to sell. If you are not sure whether it is better to sell through auction or for immediate cash, we can discuss the options with you and help you to arrange the most advantageous sale method to suit your circumstances.
2. What are the fees associated with selling via consignment with Cyber Coins & Banknotes?
We charge a flate rate of 20% of the sale price.
3. How long after my coins are sold should I expect to receive payment (settlement)?
Settlement occurs 30 days after the closing of a printed sale or electronic auction.
4. How do I pay for coins?
Payments may be made by AU$, cheque, credit card (Paypal), or wire transfer. AU$ cheque must be written on a Australian bank and may be sent to our Australian office.
5. Im looking for a specific coin. Do you have it in stock, or can you find one for me?
All available coins are listed and illustrated on our website. You can browse our site, or you can use the Search box on the home page to find coins. By typing in one or more descriptive terms, you can search through all of the items we currently offer, including our fixed price coin shop, electronic auctions, and printed auctions. If you are not able to locate the coin you want, please consider filling out a request with our automated Want List system cybernumismatics@bigpond.com. This system, which is available to registered users, will alert you when we add coins to our site that match your specific requests.
6. How often are new stock items added to the online Coin Shop?
Stock offerings are regularly added to the Coin Shop on the first working day of each month. Customers who register on our website automatically receive notification by email whenever new items are added.
General Questions
1. What kind of coins does Cyber Coins & Banknotes sell?
Cyber Coins & Banknotes sells any numismatic items from the beginning of coinage in the Greek world to early modern coinage. We typically Specialise in: Ancient Coinage, offering a selection of Greek, Roman, Byzantine, Biblical/Judaean. Australian Coinage, offering a selection of Gold Sovereigns, Pre-Decimal Proof & Pattern Coins, Choice Pre-Decimal Coins & Decimal Coins. Australian Banknotes, offering a selection of Pre-Decimal Banknotes & Decimal Banknotes.
2. Can I use a photograph from Cyber Coins & Banknotes website?
Any of our photographs may be reproduced as long as credit is given to Cyber Numismatics as the source of the photographs. Please include our sites URL, www.cybercoinsandbanknotes.com, in any citation.
3. What guarantee do I have that the coins I buy are not forgeries?
Cyber Coins & Banknotes guarantees the authenticity of the coins we sell. If a coin is later determined to be a forgery, we will fully refund the purchase price of the item. There is no time limit on this guarantee.
4. Does Cyber Coins & Banknotes authenticate coins?
Cyber Coins & Banknotes does not perform authentication services.
5. Does Cyber Coins & Banknotes have a storefront?
Cyber Coins & Banknotes does not have a storefront. However, a customer may schedule an appointment ahead of time to view our stock or auction sale lots.
6. Do you have more coins available than what is offered in the Coin Shop?
The coins offered in our Coin Shop are the only stock items we have available for sale. Stock offerings are regularly added to the Coin Shop on the first working day of each month. The sole exception is that we often bring supplemental stock offerings for sale to the various shows that Cyber Coins & Banknotes attends. These offerings are usually added to the Coin Shop in the next monthly offering after the show.
7. What are your criteria for determining rarity?
Cyber Coins & Banknotes has three grades of rarity: rare, very rare, and extremely rare. Rarity may indicate the overall rarity of a coin, which is usually determined through specialized studies of a given coinage or hoard studies. There are many coins, however, that are commonly found in museum collections are quite rare in the marketplace. Therefore, rarity may also be a reflection of the availability of coins. In either sense, the number of examples known/available are indicated as such: "rare" = fewer than 100, "very rare" = fewer than 50, and "extremely rare" = fewer than 10. A rarity rating of "scarce" is usually not used, as it is not commonly found in non-U.S. catalogs (thus there is no parallel for our foreign customers). When we do use "scarce" it is only as a subjective, general statement of a particular coin's availability in the marketplace.
8. How does Cyber Coins & Banknotes grade coins?
Cyber Coins & Banknotes prides itself on very conservative grading. Generally, two factors must be accounted for in grading 1. effects of wear and effects of manufacture. Effects of wear result from circulation, find conditions, and conservation. Worn examples display a loss of sharpness, corrosion, and scratches. Effects of wear are the primary factors in determining a coin's grade. Effects of manufacture, such as poor centering, flatness, and multiple strikings, can affect the aesthetics of a coin, and thereby its value, but typically do not affect the grade. As such, when Cyber Coins & Banknotes grades their coins, the grade is usually supplemented by information relating any detrimental factors caused in the coin's manufacture. For example, a coin that is in exceptional condition, but has been struck a bit off-center may be graded as EF, slightly off-center strike. Another factor that must also be considered is the state of the dies in a series to which a coin belongs. With ancient, and some medieval, coin series, dies were executed with a variety of refinement. Some series are exemplified by highly artistic dies, while others were made from very crude dies. In the latter case, it is possible that a coin may appear to be in a lower grade than it actually is. When this occurs, the grade is accompanied by the phrase "for issue."