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About this journal

I started collecting coins when I was about ten, starting with Lincoln Cents. My acquisitions were funded from newspaper delivery money - what was left after putting some away for college. My collection of "wheaties" was complete except for the five toughest ones that we all know. I assembled a mint state set of silver Roosevelt Dimes and had acquired other late 19th and 20th century items from circulation and from my older brother. I also spent many Saturdays at the bank going through rolls of cents.

When I got to high school age, I began collecting half cents, large cents, and Morgan Dollars. The early copper was at the top of the list.

Unfortunately, my numismatic spending had to stop when college started. Grad school, marriage, children, private schooling (a ski racing academy high school for my older son) and home ownership followed. Except for a 1995 10th anniversary American Eagle 5 coin set, I didn't add to my collection for almost 25 years. (But that turned out to be one profitable addition!)

In the fall of 2003, I realized that I actually had enough money to get back into collecting. I started with a few mint state double eagles. My first coin show was in March 2004 in Baltimore. There I fell for an MS65RB 1850 large cent, and decided to switch gears toward a mint state large cent date collection.

When I stopped collecting before college, I had never seen a coin in a grading service slab. I quickly discovered that NGC and PCGS have some measure of respect, and that other 3rd party graders generally do not. I also discovered the registries. I wasn't about to pay PCGS to cross my NGC coins (or potentially to pay them to claim the coins aren't worthy of the same PCGS grade), so using the NGC registry (as one means of cataloging my collection) was the obvious choice.

It quickly became apparent that I'd never be able to compete with the top sets. (Not to mention that there are superior uncertified collections of early copper owned by members of Early American Coppers, which I have joined.) Though I have money to spend, I don't have that much! Hence my original registry name, Low Budget.

In the summer of 2006 I completed the large cent late dates, and the middle dates followed in 2011. Occasionally I find a nice upgrade.

In addition to the large cents, I have developed an interest in Capped Bust and Seated Liberty half dimes, gold dollars, and nice type coins.

In the pursuit of all this stuff, it occurred to me that Low Budget was not an entirely appropriate name. I'm not super rich, but am able to spend more than many folks out there. So I decided to give myself/my collection a different name that has meaning to me, though nothing to do with coins or collecting. Electric Peak is a mountain along the northern boundary of Yellowstone.

I hope you enjoy viewing my collection, and I wish you much enjoyment building yours!

(last updated 3/21/17)

Entries in this journal

Collecting Nobel Prize Medals

Not me, but my workplace. We're up to three now. For quite awhile, my father-in-law has been writing books about biomedical-oriented Nobel Prize winning research in Chemistry and Medicine and the scientists who won. The book on chemistry prize winners is at the publisher, and my father-in-law has been somewhat distressed that he might have to write another chapter quickly for this year's winner(s). All that made me think that there is a guy where I work who is sure to win the physics prize som

Electric Peak

Electric Peak

Catalog Description Oversight?

Do your homework... In my last journal entry, I wrote about the two half dimes I'll soon be receiving from the latest Heritage auction. This entry is about the catalog descriptions for one of them, the 1848 Medium Date in an NGC MS66 slab. In the past, I've written about auction experiences and have encouraged readers to attend live auctions. I've also written about my pre-auction preparations. One thing I haven't written much about is the catalog descriptions (other than to praise Bob Grell

Electric Peak

Electric Peak

Cut Bids Win!

Yes, I'm still spending a lot on silver... I picked up two half dimes in Heritage's Thursday afternoon auction session. This silver addiction may be getting worse. After the two or three weeks of pre-sale absentee bidding, only one coin that fits my primary collecting goal was still at what I thought was an acceptably low bid level for me to consider pursuing. One other coin of interest, but one that might be considered a duplicate, also still seemed accessible. Coming up on three years a

Electric Peak

Electric Peak

A Pleasant Surprise

Another lovely little lady will soon be mine. The current Heritage auction has, as usual, a number of coins that fit my collecting goals and, more or less, my budget. A few Capped Bust half dimes and a few Seated Liberty half dimes topped the list. Early on, I made the decision to focus on a colorful piece dated 1869 that's in an NGC MS67 slab. I did my usual price guide and auction result investigations, decided on a maximum bid that fits in the budget, and entered it. Because that date i

Electric Peak

Electric Peak

Blame it on Alison Krauss

Yes, I'm still here and still spending too much. Hello friends. It's hard to believe it's been more than two months since I wrote a journal entry. The day after my last one, I discovered all the songs of Paper Airplane, the new 'album' from Alison Krauss & Union Station, available on the web, more than a week before the official release. Their music (and some other bluegrass) has become another passion in the past few years. One of the songs made me think that I really need to spend more t

Electric Peak

Electric Peak

Out of Control

Another Baltimore show winds down. I'm in my office on a Saturday morning, avoiding both work and the coin show in Baltimore. More temptation would not be a good idea right now. As of yesterday, I have spent 75% of my annual numismatic "budget" in just three months. Any more immediate discretionary spending will put the family finances in an uncomfortable state. The funny thing is that this comes a couple months after my wife changed jobs, getting 50% higher pay in the process, and as I

Electric Peak

Electric Peak

Got Greenie?

Out of the wallet and into the collection... From the comfort of my home, listening to a new Bluegrass CD ("Daybreak" by Sierra Hull), I just watched a portion of tonight's Heritage auction session in Sacramento. I had what I expected to be a winning bid already placed on an 1857-O half dime. It's NGC graded MS 66, and unlike my other half dimes, has a relatively boldly colored obverse. The toning isn't quite as smooth as I'd like, but I think it's pretty anyway. It's blue in the center, but

Electric Peak

Electric Peak

200K

I took Texan's Coins' advice The first several coins I obtained for my Seated Liberty Half Dime Registry set were all graded MS66. So I decided to name the set "Route 66", only to find that the name had already been taken. But I knew that I wouldn't be able to afford (or even find) every date & mint mark in 66, so "Route ~66" was the next best thing. Shortly after giving the set that name, I got my first non-66. It's a nice 1841, graded MS67 (see a few journal entries back). But balance ha

Electric Peak

Electric Peak

The Importance of Being There

No, not the importance of the Peter Sellers movie... As you may recall, recently I was a little excited about a nice purchase from the Dan Holmes Collection of Late Date Large Cents, sold a couple weekends ago by M&G/Goldberg. It seemed to me that I should have gotten a bill by now, so I checked the website. The results page showed my bid amount as the winning bid, but in the "My Purchases" area, there was nothing. So I called. Apparently there was some website glitch. Despite the fact

Electric Peak

Electric Peak

Gone Wild Followup

Clarification of my point... I've gotten a few responses to my previous post about the recent auction result at Heritage for a 1945-S walking half. One was a comment from a currency collector saying it's a nice coin. A friend pointed out another offered by a dealer for $29K. The third was worded such that I'm not sure if the writer is similarly amazed at the $37K result or not. Anyway, I was simply observing the large discrepancy in Heritage's results for the 45-S half in MS67, depending on

Electric Peak

Electric Peak

Registry Collectors Gone Wild?

A crazy auction result. In last night's Heritage auction session, one of the Walkers I had my eye on, before bidding got insane, was a 1945-S PCGS MS67 CAC. The price guides, as quoted on the Heritage site, say the following: Numismedia retail, $2600; Numismedia Wholesale $2000; Numismedia PCGS (nmp), $1875; PCGS Price Guide $19,500 (Yes, $19.5K). That last number is strikingly high, but recent Heritage results justify the price guide number. My guess is that it has to do with the PCGS reg

Electric Peak

Electric Peak

The Sad Side of Collecting

is when it's time to sell... When the dust settled after the Goldberg auction earlier this week, I had not spent too much money. So of course I had to remedy that situation. I had in mind several coins in the current Heritage auction. There was an AU 1823 cent (out of my range, but hey, I can dream), a few MS67 Walkers (one will be the subject of another journal), and some half dimes. Among the old silver five cent pieces that hadn't already been bid beyond my current ability to pay, were a

Electric Peak

Electric Peak

I Got One!

After my last post, did you think I wouldn't? The fourth and final chunk of the Dan Holmes collection of large cents (his "late dates", 1840-1857) was auctioned by McCawley & Grellman / Goldberg Sunday. I had three targets going into that and today's Goldbergs' sessions. First, I had my eye on an 1846 cent graded 66RB by NGC in today's session. It would be an upgrade to my 65RB. It had a low estimate of $800, and I figured a bid of $2000 might be enough, given that the hammer prices go

Electric Peak

Electric Peak

Great Opportunity

... to own part of a great collection of early copper This Sunday, January 30, 2011, starting at noon Pacific time, Goldbergs will be auctioning off the fourth and final installment of the Dan Holmes collection of U.S. Large Cents, his "late dates". The collection has at least one example of every die variety of late date large cent from 1840 to 1857, except the unique 1851 N-42, whose owner apparently has no intention to sell (see the catalog for a story...). So it is more complete than th

Electric Peak

Electric Peak

That's Just Wrong

These points changes are crazy. Like many others, my registry points and rank just changed, due to Indian & Lincoln cents point changes. On the strength of my four no-so-special RD cents, I gained almost 1900 points, but dropped 27 in rank. I don't have a problem with points adjustments. I have requested some myself, e.g., when my pop 1/0 1842 cent got fewer points than "easily" obtainable 1850s large cents in the same grade. What I'd like to see is a more comprehensive re-evaluation o

Electric Peak

Electric Peak

Expensive Empty Tubes

that aren't so empty any more... As I mentioned in an earlier post, my father-in-law recently bought several 1 oz. gold Maple Leafs for my wife's birthday. They came in soft plastic flips. I decided that I'd rather store them more conveniently and safely in original tubes if I could find them. I did manage to find a company that sells them, so I put the two that would be required in the cart and tried to checkout. At that point the $50 minimum purchase was announced, so I added a 2010 MS70 F

Electric Peak

Electric Peak

Now I'm Really Embarrassed

But the presentation has been improved... Those of you who follow the annual Registry Awards and the journals are aware that I was honored this year with one of the Best Presented Sets awards for 2010. A couple days ago I wrote a journal in response to that. In it, I described the format and content of the descriptions I provided for each coin. My goal has been to update the descriptions of all my registered coins to that standard. I knew I wasn't yet done, but I gave myself an unpleasant su

Electric Peak

Electric Peak

That came out of nowhere

Congratulations to all the Registry Award winners. Today was a big day at work. In late 2009, a loved and respected leader at the Space Telescope Science Institute passed away. An annual award in his memory was set up, and the first honorees were named today. They are two of my friends, with whom I work closely on a regular basis. In the words of another co-worker, the selection committee chose wisely. With the events of the day in the back of my mind, I got home, went grocery shopping, mad

Electric Peak

Electric Peak

A Great Year Ending...

and another beginning... It has been a great year for me and my collection. I added only ten coins this year, but I'm very happy with every one of them. Because I'm "done" with the late date Large Cents, and nearly done with the middle dates, there wasn't too much activity there: I bought one upgrade in each of those sets, plus the 1828. Nevertheless, large cents are still my favorites. And there is still some excitement coming: The final installment of the Dan Holmes collection (late dates)

Electric Peak

Electric Peak

Back to the Small Silver

Do I have the 'buy silver' thing down yet? After getting all the photographing done and posting about my new 1828 cent, I almost forgot to share my other new purchase, an 1853 no arrows half dime. Those of you following the prices of gold and silver - and reading the journals! - know that the price ratio recently fell below 50. Prior to 1850, the ratio had been 15 1/2. But all the new gold from California upset things, effectively raising the price of silver. As a result, silver coins were

Electric Peak

Electric Peak

Rusty Dies, Pretty Penny

I finally took pictures of a bunch of recent acquisitions. I've been behind with posting photos of recent registry additions. Saturday night I got the camera out and got a few dozen done. Only the freebie state quarters from paid membership a few years back and several modern proof commemoratives remain without mug shots. The attached photo is the obverse of one of my acquisitions from the recent Baltimore show. I obtained an 1853 No Arrows half dime, and this 1828 N-6 large cent. During t

Electric Peak

Electric Peak

Testing My Wife's Numismatic Eye

Could she get a job at NGC or PCGS? After every purchase, I show off the new acquisition(s) to my wife. She typically feigns interest, and makes comments about my coins being "rubbed-off" and "rusty". Now I can understand a critical EAC eye calling a couple of my low MS certified coins AU, but "rubbed-off" is a little harsh. As for "rusty", I hasten to point out that in the early years of the U.S. Mint, sometimes rusty dies were used, producing coins with tiny lumps. My new 1828 N-6 cent is su

Electric Peak

Electric Peak

The Turn of the Screw

Screw Press, that is... Picking up in the middle of my last post... At the Baltimore show on Thursday, during my journey across the bourse, I noted several coins I would consider buying. After the 1828 cent previously mentioned, an MS66 1853 no arrows half dime and an MS67/CAC 1945-D walker struck my fancy. They rose to the top of the list after checking recent auction results and price guides. There were several other nice coins, but the asking prices were just too high. I was ready to ent

Electric Peak

Electric Peak

Adventures at the Baltimore Show

You didn't think I'd miss it, did you? Yes, I attended the latest Baltimore show, and had another minor misadventure along the way. This time, I could manage only two days: Thursday and Saturday. There is simply too much going on at work for me to have taken Friday off as well. On Thursday, I arrived shortly after 10 AM, when lot viewing for the Bowers & Merena auction opened for the day. I was considering a handful of coins in the auction, and always enjoy looking at lots of nice coin

Electric Peak

Electric Peak

Did someone say Silver?

A sweet little purchase Although my primary numismatic interest is those grand old large cents, those of you who read my posts know I also have an interest in anything with "half" in the denomination, especially half dimes. I picked up another from Heritage's Long Beach auction a few weeks ago. When I was nearing completion of my initial collecting goal (the late date large cents, one per date), I started on another goal, a set of proof half dimes (1858-1873). That seemed like another achie

Electric Peak

Electric Peak

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