My "faith" in NGC may be somewhat restored...a little...

Greeting Collectors,

I just came back from the Post Office a little while ago with my last 4-coin submission from NGC. In a previous post I kinda let them have it with "both barrels" for a very bad job they did on some pre-1908 Gold. While I still think the results on those 4 coins were as wrong as wrong can be, I feel somewhat better getting these 4 "modern" gold coins back from them today.

My construction business has been suffering to say the least so I decided to start a coin and jewelry business on eBay and in the process I am always buying and selling both of those types of items. A short while back I got a very good deal on a 2008-W Uncirculated 4-coin gold eagle set. I then sent the four coins along with the older gold group to NGC for grading. I could have looked at the grades this last Friday but as in the past I always wait to see the grades when the box holding the coins arrives at my house. So when I opened the box today I was "stoked", as in "very pleased".

This very low mintage year has a small group of coins that will do nothing but increase in value and will probably do so very quickly. Gold and silver along with the other two "white metals" continue to have BBL which in this case does not mean "Bold Bell Lines" but rather means "Bold Bull Legs". I have bought and sold nearly a dozen of the 1/10th ounce gold eagles in the last few months along with some other denominations and still marvel at the fact that even though the little gold eagle has a much lower mintage and what I believe to be a much larger collector base, it is still several hundred dollars cheaper than the "Baby Buffalo" of the same size. Factually the G E has a total Unc. mintage of 12,657 compared to the 1/10th Buffalo which rings in at 17,429. Now I understand that this is the "ONLY" year a Buffalo of this size was minted but still the overall numbers tell me that there is something wrong with the "value figures".

Anyway I am very proud of these 4 coins with their NGC numbers on the "suffix" going "one, two, three & four. I bought this set with the intentions of re-selling it but now that I see how nice they look together along with how truely scarce/rare this year was, I think for now, I will hang on to them. The total mintage numbers on the other three are as follows: (This is the grand total of single coins along with those minted for the 4-coin sets)

2008-W Unc. one ounce 11,908

2008-W Unc. half ounce 8,060

2008-W Unc. quarter oz 8,883

These are "scary low" totals and along with, not all will grade out at a "perfect 70". The sum of these two calculate in my book, that they are much too scarce to get rid of no matter how much I need the funds.

Lastly I am pleased that I seem to be solidly in the rank of the "upper 200's" a mere 12 spots above my friend TPETERS and breathing down the neck of another dear friend YEVRAH. The former being at 287 and the latter at 266 and I sit comfortably in between at 275.

I have been having alot of fun with my coins lately getting my 1959-D NGC MS-65 FBL Franklin yesterday and my coveted 1951 PCGS MS-65 FBL today. That leaves just a couple of "non FBL" Franklins left to receive. A 1951-S purchased a couple days ago and an absolutely "Stunning" Incredible, Awesome, Blast White 1959 PCGS MS 65 purchased last night. Wow, the "coin fairy" has been really good to me as of late. Way better than a "sharp stick in the eye". I hope she has, "at least", been treating you all better than a "baby treats a diaper". Take care & Happy Collecting!

WKF

P.S. Sorry about the quality of this pic. I have the lighting and distance down pat on the "single coin" shots but when doing multiple coins or a coin and a silver bar, I have to raise the tri-pod and adjust my distance which throws my lighting off and one sees my double lamps glaring in the photo. I will perfect this soon and will be doing a short series of posts to share all that I have learned in the photo taking dept. It really has turned out to be quite a simple process for all of you that have wanted to take shots of your coins to share with the rest of us and also to include in your set "listings". Be patient as "help is on the way".