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W.K.F.'s Journal

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"WOW" What an expensive Hobby!

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W.K.F.

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New submissions & old obsessions...

Greetings Collectors,

The remodel business seems to be booming here in NE Fl. and because of that I seem to be "making the payroll" down south in Sarasota. Wednesday I mailed three separate submissions to NGC which as of this post have not yet been received by them.

Almost all of my last half dozen have been on the modern tier and I must have stared at the differant tiers for twenty minutes to try and get the prices lower but finally just bit the bullet and logged them in where they had to be.

My very first world submission (and the most expensive)was on the world "value" tier I sent in ten British gold soveriegns, 1893,94,95,97,99,1911,12,13,15, & 1925. I also sent in a coin I have had since I was a kid, one I always told my friends my great, great grandfather got from a pirate, a 1760 "Pillar Dollar" from the front of the "Red Book". Boy the tales we could spin when we were ten. The last coin was a Canadian $5 silver dollar? I don't know anything about Canadian silver but I remember when I bought this particular coin it was a very low mintage limited edition minted in 2003 purchased directly from the Royal Canadian Mint. Maybe some of you Canadian coin buffs could tell me what I have. I don't think it was a "loon" but it could have been. Now that it's been sent off, all I remember was the large Queen E. bust on the obverse. Anyway this group will set me back $256.90. ouch!

My second submission was a "Specialty Gold" in which I sent in a few more "raw" peices consisting of two $5 libertys 1880 & 1892. A couple of $2.50 Indians, 1908 & 1913 and the last was the 1852 type one $1 gold that I am hoping for a bump in grade. I cracked it out of a ICG holder and think it will go 58-61, in which either will be nice for what I paid. In fact I paid less with buyers fees and postage for it than I will for this submission. $140 ouch again!

My last submission was an "economy" hodge podge with three silver eagles all ms 2005, 06, & 09. I added another $5 gold 1/10th 2002 and the last of the five was a 1820/19 capped bust half that should come in from 10-12 and 15 if the "grading gods" are smiling.(they better as this coin blew this submission out of the "modern tier") This last submission set me back the least, at $113.50.

I am sure there are those of you that spend way more at times when you are sending in 50-100 coins at the time but this was my largest ever. I actually wish I had it to do over and I may not have sent quite so much. My problem is that most (85%) of my collection is raw and I am slowly sendind a few in here and there along with all the new products from the mint. I do the math in my head from time to time as to what sending in my entire collection would cost and I very quickly ignore that very insane idea.

I have so many coins that I like so my mind is in a constant state of upheaval because I get on a binge with one set and then I am off to another. I dearly love my half dollars and have several Walker and Franklin sets going, along with starting a new set with the capped bust halves up to 1836. But on the other hand I dearly love pre 1933 gold and now that gold has backed off a bit there are some great deals on double eagles, Liberties and Saints. I have sent in a deposit on a couple more type three $20 Libertys. I have the ultra low mintage 1902 and the 1905 but the two I have wanted for some time are the 1906 which I will be able to have in my possesion by the end of the month. It's an NGC 60 that looks 62. And I have a deposit on the "ultra sleeper" 1898 NGC 61 that I plan on cracking out and I know it will come back 62 but I would be willing to bet someone $50 that it comes back 63. It is that nice.

Anyway if I can just pay for this latest submission and pay off the "lay-a-way" on the two double eagles I think I will be completely content. At least until the Jacksonville coin show at the end of May. Every time I say this, I am never content. I always see another coin that I just can't live without. Anyone else relate to that one? At least I am not charging anything and that is the only thing that keeps me relatively sane and as I have said before, there are "worse" habits to have. Happy Collecting to all of you that suffer from the same "addiction" WKF

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