sometimes there is no reason

I'll keep this journal entry short and sweet.

The title refers to my latest purchase. The coin fits no set; it is in an old series, small ANACS holder; it can't even be listed into my registry coin manager to be added into my overall collection.

I bought it "just because." If I must give a reason, it was for the simple enjoyment of holding it in my hand and looking at it through a loupe and turning it under the light and watching the different colors appear and disappear as the light hit at different angles. Maybe someday I will cross it over into an NGC slab and see if it may garner a "star" to go with the MS65 grade--but then again, these old ANACS slabs are getting scarcer as the years go past so I may just leave it as is.

The other coin venture I'm involved in has hit a big snag. If you remember when I last wrote, I was involved in selling a large estate of modern coins. I had done very well with the gold and platinum coin submissions. I had sold much of the mint wrapped rolls to fellow collector six mile rick, several of the gold commems and buffalos but not nearly half of the hoard.

The snag? The huge silver and gold paper price manipulation on WS has really dropped the market price of silver & gold ( even though the mint is sold out of ASE's for the year) --at one point down to $15.20 an ounce for silver--not a sellers market. Most of what I have to sell are the Silver Commem dollars from 1982 thru 2012--every issue, silver proof sets from 1992 thru 2012 ( about 5 of each)and lots of other silver and gold mint issued sets. I have let the owner of the coins/estate know the issue and they decided to just set the selling aside until the pendulum swings back.

So that's it. Selling of the estate coins are on hold for now. I'm going out of the country for 2 weeks anyhow and then the holidays will be here taking my time. It is quite likely that my odd purchase may be my last for a while ( unless one of my "really want list" coins pops up). Here's a picture of my newest Walker-- a 1941 common date, anacs slabbed and graded MS65.....

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