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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

Off the Podium

What's with the obscured sets? I just logged on to check out the latest journals and noticed that my three large cent sets (middle dates, late dates, & all) have all dropped from #3 to #4. No one had been close behind. The newcomer ahead of me is now #1 in two of those three categories. That's fine by me, as I never had any hope of being #1 in any of them. Even though there is a part of me that feels the competitive drive, I just don't have the time or money. What bothers me is that th

Electric Peak

Electric Peak

I Forgot the Coin

"You must enter a Teaser." Whitman launched a new coin expo in Philadelphia. The show is probably winding down as I type. I drove up from Baltimore with my wife on Friday to see some of the sights and check out the show. We parked at 5th & Arch, next to Ben Franklin's grave site and across Arch from the Mint. We started with the Mint. The last time I was there was in the 1970s, when a large collection - the Eliasberg collection if I remember correctly - was on display in the lobby. Af

Electric Peak

Electric Peak

Naftzger Late Dates

Yes, it's slightly old news... Last Sunday's sale of the Holmes early date large cent collection was followed Monday by the sale of the Naftzger late dates. I wish I had been able to attend, as I did the Naftzger middle dates in February. Nevertheless, there was opportunity to place absentee bids and bid live on-line. Despite reports of problems with live bidding in February, I had none on Monday, and saw that other internet bidders were being recognized. Indeed, the underbidder on the lot I w

Electric Peak

Electric Peak

Holmes Sale Video Clip

For you copper junkies I just thought I'd pass this along for anyone who is interested. It's a video on YouTube of the Goldbergs' auction call for the sale of Dan Holmes' 1795 S-79 reeded edge cent, which became the first copper coin to sell for over $1 million. This was Sunday afternoon. They say that applause at an auction means that someone paid too much... Here's a link to the lot description: http://www.mkjassociates.com/cgi-bin/ilgvulot.pl?site=1&sale=54&lot=128 (Afte

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Dan Holmes Early Date Large Cents

The most complete variety set sold in LA! The Dan Holmes collection of large cents is being sold by the Goldbergs. The Early Dates were sold Sunday (9/6/09), starting at 1PM LA time, and going well into the evening. (One thing I think I mentioned in my 'coverage' of the Naftzger Middle Dates earlier this year is that the Goldbergs' auctions move slowly - barely better than a lot per minute.) Unfortunately, I was not able to attend this sale in person, but did follow it live on-line. This co

Electric Peak

Electric Peak

Hubble Dreams

Getting back in the game Wow, it's been almost two months since I wrote a journal entry. Work has been keeping me very busy. I'm a software systems engineer working primarily in support of the Hubble Space Telescope (HST). As many of you probably are aware, a terrific crew of astronauts recently completed a highly successful HST servicing mission. This being one of the last space shuttle missions, and the last with any connection to me, I decided to go to see the launch of Atlantis. (Lik

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Baltimore Show Summary

Naftzger cents are still available if you have the $$$. We had another good show in Baltimore two weeks ago. One of the things I wanted to do was see if I could find any of the Naftzger middle date large cents. I had looked over the auction results and identified a few that I'd consider buying if I could find them. It was no surprise that Chris McCawley (CVM) had quite a few for sale. While a couple tempted me, none were among the select few I was looking for. I found several others in a coup

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Naftzger Sale Summary

An auction experience to remember. Please forgive me for some repeated material... At the 2008 Summer ANA show in Baltimore, I was chatting with Bob Grellman at Chris McCawley's table. Bob suggested that I attend the February 1, 2009 (yes, Super Bowl Sunday) Goldberg auction of Ted Naftzger's middle date large cents. Some of the Naftzger early and middle dates were available for viewing at the Goldbergs' table, and I saw how much nicer they are than most other middle dates I've seen. As t

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Naftzger, 5 of 6

Accessorizing with 1837 I really love my NGC MS65BN 1837 N-9 cent. I paid a lot for it at the time (four years ago), and I'm still glad I did. Within my collection, only my 1820 N-13 competes with its beauty. But I upgraded the date to an MS66RB in the Naftzger sale anyway. In my auction planning, I had three 1837 cents in mind out of 43 available for the date. The first of the four was a really nice N-7/8 in MS67BN. Of course, it sold for more than my preset max, and more than I had left

Electric Peak

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Naftzger, 6 of 6

Last but not least - 1838 1838 was a date I'd been wanting to upgrade for awhile. I had bought an MS64BN in Heritage's auction during the 2004 Pittsburgh ANA show. It's a nice coin overall, but a couple wisps of lighter toning, probably remnants of a fingerprint, appear on the portrait and are a little distracting. After getting the subjects of my previous five journals, I still had enough money for one more coin of similar quality. I'm happy with my 1839 N-3 Head of 38 (part of the "middle

Electric Peak

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Naftzger, 4 of 6

Skipping to 1836 After getting my 1834 cent in the Naftzger middle dates sale, I took a breather. I had spent half my available funds on three nice coins, and I didn't have a target 1835 in mind. I already had an MS66RB that I bought after seeing it at the Summer 2005 Baltimore show. And frankly, none of the Naftzger 1835s appealed to me enough to put money into them. None of them had a slab grade as high as mine either. So I waited more than 50 lots before bidding on some 1836s. The coin I

Electric Peak

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Naftzger, 3 of 6

The finest 1834 N-2 cent? Next up - 1834. The 1834 cent I was looking to upgrade was purchased raw from an ANR auction a few years ago. It's an N-2 that I got into an NGC slab as MS64BN, pretty much as expected. It's a nice coin, with interesting color on the reverse, but subdued obverse luster and a few minor marks. Prior to the Goldberg's auction of the Naftzger middle dates, I had picked out four candidate 1834s I thought I'd have a shot at getting. I figured the MS67BN N-4 would be out

Electric Peak

Electric Peak

Naftzger, 2 of 6

One of the finest 1833 N-2 cents My continuing notes from the Goldberg's sale of the Naftzger middle date large cents... Having settled in to the bidding, and 'winning' an 1831 cent, my next target was a nice 1832 to upgrade my MS63. There were five candidates, two of which I expected to go for 5 figures (they did), preceded by three I might be able to get. For some unknown reason, I stopped bidding on the first, an MS66BN (this, and almost all of the Naftzger cents are in PCGS slabs), at a

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Electric Peak

Naftzger, 1 of 6

The big purchase has arrived. As I lay in bed last Friday morning - sick in bed and taking off from work, a knock at the door woke me. I wasn't expecting the package from Goldberg's until after the weekend, but it occurred to me that it might be here. I rushed downstairs to the door, in pajamas, and without either variety of corrective lenses. Sure enough, it was the mail man with my six now ex-Naftzger middle date large cents. Of course I had seen them, held them, a few weeks before. But no

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Attend an Auction

Not always fun, but potentially useful Yes, I had fun at the Goldbergs' auction of the Naftzger middle date large cents (followed by the sale of the March Wells early dates). I encourage everyone who collects the kind of stuff that appears in auctions associated with the larger coin shows to attend live auction sessions if you can. I attend many in Baltimore, and occasionally make trips to others. The auction company photos available on the internet and in catalogs are usually good, but ar

Electric Peak

Electric Peak

Now That Was Fun!

I may have to change my name. This past summer, at the ANA show in Baltimore, the Goldbergs had some of the Ted Naftzger early & middle date large cents on display. His middle dates are the best set of die varieties ever assembled, with many finest known examples. His early dates were sold in September, his late dates will be sold later this year, and his middle dates were just sold Sunday - yes, during the Super Bowl. During the ANA show, Bob Grellman suggested to me that it would be g

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The Two Gems Have Arrived

...and they're better than I expected. Late last night I checked my email and saw notification from Heritage that my recently "won" lots had been shipped. They had been sent via FedEx overnight. The FedEx site indicated the package would be delivered by 10:30 this morning, and would require a signature. Because I would be at work, I asked my son to be alert for the knock at the door. When I got home from work, there they were - two slabs in a little box, inside a bigger FedEx box, inside a

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Electric Peak

What a Relief?

The Mint needs a better web server. As many of you probably know, the 2009 Ultra High Relief $20 gold coins were made available today at noon. I decided to order one. After getting help to reset my online mint password, I got on the site at noon. There must have been many other customers with the same idea. Pages loaded very slowly. After an hour, I gave up, having clicked as far as "Add to Cart". I decided to try with my other computer at work. It took 20 minutes, but it worked! Now all

Electric Peak

Electric Peak

Two New Gems

I can't seem to save money. Regarding my previous (first) journal: It's been five years since I started collecting again. You'd think that with a Ph.D. in astronomy I'd be able to count to five correctly the first time... For months I've had in mind to save money for one of the up-coming pre-Long Beach auctions. But I keep spending anyway. Yesterday I upgraded one of my late date large cents to a 67BN, and today I added a very nice MS66 seated half dime, both from the Heritage auction in

Electric Peak

Electric Peak

The First Four Years

A Boring First Journal After 25 years, I realized I had some money to resume collecting. I decided to get some gold, which I could never previously afford. But at my first show, I fell in love again with large cents. I decided to assemble a date set from 1816 to 1857 as nice as I could afford. Before too long, I was stretching for some pretty pricey pieces (for me that means into 4 figures), and strayed with another old favorite, half dimes. After filling holes as fast as I could at the MS64

Electric Peak

Electric Peak

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