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About this journal

The End

Today I did something I hoped I would never have to do. I deleted my now much smaller ancient custom set. Due to finances I had to sell off a large portion of my ancient collection. Since I will no long have the financial means to meaningfully grow this collection I took the reasonable step of deleting that collection. I did however move my ancient coins into a much smaller custom set I have titled “Oldies but Goodies and other Pieces.” I was quite pleased when my Custom ancient set became the first ancient set that made it into the list of 50 most viewed custom sets.

I do have a never say die approach to collecting in that the day I shipped off my ancients for auction I purchased three more ancients. Since then I have purchased what maybe my last ancient for some time to come. I believe it to be a beautiful specimen of a Roman Provincial Coin (RPC) by Macrinus, the coin is from Moesia, Nicopolis. It is an AE26. The coin grades Ch XF with “condition scores” of Strike = 4/5 & Surface = 4/5. I have a special like for RPC’s in that they were produced at over 600 mints and were predominantly made of bronze. It is my belief that better bronze specimens that grade XF and better are not that common. In fact I just input “Macrinus, Moesia, Nicopolis, AE26” into the NGC’s Ancient Coins Archives search engine and 40+ pages of results came up, I check Page 1 & Page 40 (50 coins total) and not a single bronze RPC grade better than Good VF (Ch VF).

So for all practical purposes I have a coin collection but I have stopped collecting coins (i.e., growing my collection). Now what I am I going to do? I have decided to start a journal that discusses what I have observed and learned regarding coin collecting over my 70 years of collecting. If you have any topic you would like my thoughts on just let me know. As it stands right now I have eleven topics I wish to write journals on.

Take care

(Ram in VT)

ARP - Marcrinus-A4.jpg

ARP - Marcrinus-A5.jpg

Entries in this journal

Could I do anything worse than bite the hand that feeds me????

Some people are just never happy I should be one of the last persons to complain about NGC?s registry set program in that in 2009 I was awarded the best overall Signature Set. But simply I have a problem in that my perception is that the ?custom (former signature) sets? appear to be perceived as second class sets. Those creating custom sets may be just as competitive as those that create competitive sets but because some collectors become creative about defining what goes into their sets and

RAM-VT

RAM-VT

How much is a Coin Worth when there is no Known Previous Sale?

There is rare and then there is RARE! Presented here is a photo of a business strike of a 1977 Rhodesian ? cent. There were only 10 proofs struck while numerous business strikes were produced. However, all the business strikes were ordered to be melted down before any were released for circulation. But just like with our 1873 ?Open 3 No Arrows? half dollar some of the 1977 Rhodesian business strike half cents escaped the melting pot. For decades the Standard Catalogue of World Coins from 1

RAM-VT

RAM-VT

Could/should NGC and PCGS work toward creating a universal grading standard?

It appears grading standards differ around the world. One of the news headlines on the NGC home page reads ?Important Polish Auction Includes Hundreds of NGC-Certified Coins?. Yes this is a publicity opportunity for NGC and this is not the first world auction to host large quantities of NGC-certified coins. To me however, this is a very important step in the international standardization of coin grades. Those of us that spend a lot of time on eBay bidding or just looking to checkout the mar

RAM-VT

RAM-VT

A study of the auction prices realized by 300 certified US Colonials.

If you want to be bored out of your mind just read this post. There are several good reasons for having our coins certified, and I suspect different collectors do it for different reasons. I do it for two reasons. First, I love the protection provided by the slabs. Those of you who have never known anything but slabs may never experience the feeling in the pit of your stomach as a real nice coin slips out of your hand or even worse slide a coin out of a stapled 2 X 2 only to have the expose

RAM-VT

RAM-VT

Oh come on now, is this for real?

Is it time for NGC to rethink its competitive set scoring system? Unfortunately this journal entry is a rant. I don?t like rants since I feel when I write something it should be positive, humorous or simply provide some insight into me and how I think of coins. I don?t have any ?competitive sets? so I have no chance of seeing my signature sets amass a ton of points and beating out others. Yes signature sets do get awards, but these awards are given based on a totally subjective basis or

RAM-VT

RAM-VT

The Hunt ? or is all fair in love, war & coin collecting?

Can a dealer be cherrypicked? The hunt refers to what we all try to do and that is to make truly stunning find such as a rare date or extremely rare variety or even maybe even better find a coin that rewrites the condition census for a variety. Very seldom is having a successful ?hunt? the result of shear dumb luck (yes it does happen) most often it is the result of building the appropriate library and study. Those of you, who like me, that have setup at coin shows to sell coins have had the

RAM-VT

RAM-VT

How I got hooked on coin collecting

What did it take to get a kid hooked on coin collecting in 1955? In 1955 I was 11 years old and had already been collecting coins for a year or two. I was dutifully outfitted with my copy of the ?Red Book? and the standard blue booklets with the ?holes? you pushed the coins into. I had booklets for cents, nickels and dimes. My mom and I had a little ritual which took place on Saturday. I would get my coin booklets out and before she went shopping she would give me her change purse, and I c

RAM-VT

RAM-VT

Going from collector to numismatist

In the definition of numismatist not only does the word collector appear but so does one or both of the following terms, ?study? and/or ?student.? Did I go from collector to numismatist? You can decide, personally I would say maybe. In the 1970?s I started attending coin shows. I met a dealer named Guy from Frederick, Maryland. I did a lot of business with him because he treated me well on trades. One day I came loaded for bear and dragged a small suit case loaded with items I was willing

RAM-VT

RAM-VT

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