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CBC

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Journal Entries posted by CBC

  1. CBC

    Site Update

    By CBC,

    Site Update - They are paying attention!
    I'm inpressed with how NGC has been quick to reapond to feedback on the new site layout. When the new site first came up this week, only five sets were displayed on the Control Panel and the rest were accessed by scrolling. There was no direct link to the list of competing sets from the Control Panel. Both of these have been fixed / improved; now all 16 of my sets are displayed (no scrolling) and I can go directly to the category list to see where my sets stack up to the competition. I haven't done too much exploring yet but so far it looks good.
    I have goals in mind for most of my sets, but I keep running across deals "too good to pass up" even though they don't exactly fit my priorities (anyone else have that problem?). All of my "short set" of Walking Liberty halves grades at MS-66 or higher expect for the 41-S and 42-S, so those two are high prioroties for upgrades. Then I run across a deal like the attached photo, and there goes this month's budget. Oh well, eventually I'll find an affordabble 41-S and 42-S.

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  2. CBC

    1946-S/S Walker

    By CBC,

    Highest (only) graded example by NGC
    I bought a 1946-S Walker through a Heritage auction as a MS-66. THe auction photos looked like a S/S, even though it was not labeled as such. I sent it to NGC for Variety review. The NGC Census says it's now the only MS-66 VP-001 certified by NGC; in fact, the only one in any grade. This probably won't last long but it's nice to have the only one, even for a little while.
    My original photo clearly shows the S/S but it's over the 75kb file size limit for journal postings. If you can't see it clearly in this photo, the more detailed photo is in my set listing.
    Only 14 more Walker varieties to go!

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  3. CBC

    A Real "+"

    By CBC,

    First one for my collection
    I just received the first addition to my collection with a "+" grade - the 1945-S Walker pictured below.
    The "+" designation increases the Registry score by 568 points, which is more that a 50% increase compared to the MS-66 it replaces. It's also the highest grade as I ever hope to get for a 45-S as the prices for MS-67's are out of my reach.

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  4. CBC

    Lincolns and Walkers

    By CBC,

    Illusions and Reality
    Looks like the great Lincoln point upgrade was an illusion (error or whatever). I'm happy to see NGC has "corrected" the points back to where they were. I had no takers on my swap offer anyway.
    One of my goals for my Walking Liberty halves has been to complete the short set in MS-66 or better. The 1941-S ans 1942-S are the really expensive ones, and I expected it to be a long time before I found what I could afford.
    Several months ago, I was surprised to get an unbelievable deal on the 1942-S. It was in a no-reserve auction; I placed a low bid and was outbid at the last minute (as expected). A week later I was notified that the high bidder had failed to complete the transaction and was offered the opportunity to but it at my original bid - at least $200 under what I thought it was worth.
    I watched a 1941-S for weeks on an auction site; it never quite met the reserve, even after being re-listed twice. Third time around, I decided to take what I saved on the unbelievable deal on my 1942-S and add it to my bid on the 1941-S.
    It arrived yesterday:

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  5. CBC

    Lincoln Cent issue

    By CBC,

    What REALLY happened?
    Like a lot of other collectors on this site, I was surprised to see the whopping changes in the few Lincoln cents I have (all in Mint sets). But looking a little closer:
    - 1909-S VDB in MS-65 RD.....1,987 points
    - 1947-P in MS-66 RD.........1,999 points
    - 1954-P in MS-63 RD.........1,994 points
    So, to everyone out there, I'll gladly swap my MS-66 RD 1947-P Lincoln for your MS-65 RD 1909-S VDB. You'll gain 12 Registry points! I'll even pay your shipping cost!
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  6. CBC

    Last One

    By CBC,

    The final piece of my VF+ early Walket set..
    I just added a 1921-D Walker, NCG VF-25 to my set. With this last piece in place, my set now meets my original goal of VF or better in the 1916 through 1933 dates (most are AU through MS-64; the 1919's and 1921's in AU are way out of reach) and MS-64 or better for the 1934 through 1947 dates (most are MS-66 or MS-67). The upgrades keep getting more expensive; it will cost close to four figures to upgrade anything in the set now, but I'll keep looking for "bargains too good to pass up".
    I'm not focused on the Registry points, but the difference in score between the F-12 I had in the 1921-D slot and the VF-25 I just replaced it with was only 373 points - 1256 for the F-12 vs. 1629 for the VF-25. Seems like there should be a larger bonus for the VF-25.
     
    My pictures of the 1921-D are over the file size limit, so here's another recent addition to the set.

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  7. CBC

    Re: Blindsided

    By CBC,

    You're not the only one
    You're not the only one "blindsided". I logged in to find that my Walker set had dropped almost 5,000 points. The only mitigating factor is that the sets above and below had also dropped a similar amount so my "Top 10" rankings are still there.
    Speaking of glaring points discrepancies, look at the difference between Jefferson nickels and Roosevelt dimes. Take the 1947 issues as an example:
    - 1947-S Jefferson in MS-67: there are only 11 at this grade, none higher, none with any FS designation at this grade or higher. Points for the MS-67: 143.
    - 1947-S Roosevelt in MS-67: there are 833 at this grade, 58 with FT designation, 10 MS-68's and one MS-68FT. Points for the MS-67: 502
    So, there are 75 MS-67 Roosevelts for each MS-67 Jefferson, 69 Roosevelts with hogher grades than MS-67 to ZERO Jeffersons with higher grades, but the Roosevelt in MS-67 carries 3.5 times the point value of the Jefferson?
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  8. CBC

    Back In the Top 10

    By CBC,

    Temporarily, at least
    Today's mail brought the 1942-S Walker I was surprised to win in last month's Heritage auction. I replaced the MS-65 I had in my Walker sets with the MS-66 that arrived today, and th epoint difference was just enough to get my full (1916 - 47) set back to #10. This probably won't last long, but at least for now I am in the Top Ten in all Walking Liberty categories - #10 in the full set, #10 in the Short (1941 - 47) set, and #9 in the "Other" (1934 - 47) set. This latest upgrade is attached.

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  9. CBC

    Surprise!

    By CBC,

    Won....lost....won
    I checked my e-mail this afternoon and had a big surprise waiting. I had placed several low-ball bids in a recent Heritage auction, confident that all would be outbid either during the Internet bidding or the "Live" phase. Sure enough, I started receiving "outbid" notices. By the end of the Internet bidding, I had the high bid on only two coins.
    The "Live" auction (several hundred lots) went well into the night, and I signed off before my two lots came up. I checked the next morning and had been outbid by one bid increment on both lots. No surprise there; I fully expected to be outbid, but I would have been happy to buy at my bid price.
    This afternoon's e-mail from Heritage informed me that the "Live" bid on one of the two lots, a 1942-S Walking Liberty half, NGC MS-66, had fell through and I now have the high bid. So, once again I'm overextended (this one represents October's coin budget for me) but only one upgrade away (1941-S MS-66) from my Short Set goal.
    Here is my other budget-busting purchase; this 1921-D is heading to NGC this week.

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  10. CBC

    Re: Point Re-Evaluation

    By CBC,

    Re: Point Re-Evaluation
    Re-evaluation of the Walker series was way past due. Can't say much about the Franklins since I haven't followed them very closely, but I agree with Walt that the Roosevelt dimes are terribly inflated. Look at the 1947 through 1963 Mint sets; 17 total years, and 8 of the #1 sets (and many #2, #3, and #4 sets) contain NOTHING BUT Roosevelt dimes. These "#1 Mint sets" are at most 28% complete but still have the "Best in Category" awards. The point values for the best Lincoln cents and Washington quarters graded are a small fraction of the values for the second or third best FT Roosevelt dime of the same year.
  11. CBC

    Guess The Grade - FINAL

    By CBC,

    Here's what NGC says...
    I would grade both of these F-15, with #1 just a hair better than #2. I had #1 in my collection for over 20 years, and sent it to NGC for grading early this year. It came back as F-15.
    #2 was just listed in a Teletrade auction, in a NGC VF-25 slab. For what it's worth , the VF-20 in my Registry set looks better than either #1 or #2.
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  14. CBC
    Once again.....
    I tried to add my latest acquisition to my Registry set, and received the dreaded "registered to another user" message. The last time this happened it took about a month to get the coin released.
    I bought this coin through a Heritage auction. I recently dropped to #11 on the Walking Liberty list; I'll never get to #1 (or even #8) but I'm trying to get back into the Top Ten.

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  15. CBC
    So when is the correct time to release a coin from your registry?
    From "Just Coins" journal: So when is the correct time to release a coin from your registry?
    You should release the coin when you no longer own the coin. The cases cited in the original journal post:
    1. Once I sold a coin on eBay and the new owner decided to list it in his registry right away. He didnt even pay for it!
    My response: You still own the coin until you receive payment.
    2. Another time a guy who bought the coin, listed it on his registry and then returned it to me. When I tried to re-register the coin, NGC would not allow it!?
    My response: This is almost the same as if you bought a coin that someone else had registered. Once you received payment, you should release the coin. When the buyer decided to return it, he should delete it from his set.
    3. I try and keep a coin in my registry until the new owner gives me feedback.
    My response: Feedback is (a) not mandatory in eBay, and (b) has nothing to do with ownership of the coin. If you accept payment, you no longer own it and should release it from your registry.
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  16. CBC

    First NGC Submittal

    By CBC,

    Quality Control
    My first NGC Collector's Society submittal moved from "Scheduled" to "Quality Control today. I will soon see how my guesses stack up:
    1916-S WL Half - MS scratched
    1921-D WL Half - G-4
    1921-D WL HAlf - F-12
    1889 G$1 - AU-58
    1889 G$2.50 - MS-61
    A photo of one of my recent upgrades is attached (subject to the 75k limit)

  17. CBC

    First NGC Submittal

    By CBC,

    It's In Their Hands
    NGC has officially received my first Collector's Society submittal - with my "five free" certificate. Now I have to wait and see if I can finally complete my Walking Liberty set, with one of the two 1921-D's I submitted. I also hope to fill two slots in my 1889 year set with a gold $1 and $2.50.
    I'm trying to keep my WL halves in the top ten. New, high-grade sets keep appearing, and I have about run out of affordable upgrade options. Here is my latest one.

  18. CBC

    First Posting

    By CBC,

    Finally joined Collectors Society
    I finally joined today, paid the membership dues and am anxiously awaiting the package with my five free grading coupons. I'll be sending in two 1921-D Walking Liberty halves - the only remaining "No Coin" in my long set - and hoping for a "real" grade on both. One is a (my opinion) F-15 that I recently bought; the other is a (also my opinion) G-6 that I found in a dealer's "junk silver" box years ago for 4x face value. Haven't decided what to use the other three coupons on; Silver Eagle anniversary set? 1889 gold $1 and $2.5 and 1814 half dollar?