• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

James_OldeTowne

Member: Seasoned Veteran
  • Posts

    16,033
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by James_OldeTowne

  1. For me, there are perhaps a handful of "important" pedigrees - and even those aren't all THAT important.  Otherwise, I couldn't care less about what bank hoard, or pop top collection, or sports figure, or gangster previously owned MY coin.

    Newman?  yes.  Norweb?  yes.  Pittman?  definitely.  Eliasberg?  maybe.  Bill Smith???  No thanks.

  2. It appears to me the OP is heavily biased towards the dealer experience.  In that case, financial gain always seems to be the overriding determinant of how "enjoyable" the coin market is.

    I am primarily a collector, so for me, the enjoyment experience trumps issues like "price" and "value".  I have overpaid for coins numerous times (sometimes heavily), because I know that the pleasure of owning the coin more than makes up for losing some money during the financial transaction.  (That's why I have owned many of my coins for 30 years or more.)

  3. I agree with you!  The discrepancy between grades these days (is it really only MS-61+?  or only MS-61?) has become much too fine a line, today.  It might be even be explainable for some coins, but the reality is that most coins are common and don't need such fine layers of discrepancy.

    I really don't care much whether that 2008 Sacawagea grades MS-63, or MS-63+.  It's still worth a dollar to me.

  4. An expense in getting coins certified that is frequently overlooked by collectors is the time lost while the coin is out-of-inventory.  So if a coin takes 60 days to get certified, it could have been bought-and-sold several times over during that period.  Dealers are much more keenly aware of this hidden expense, though.

    Of course, a collector who doesn't plan to sell the coin anyway loses nothing while the coin is away - the hidden expense applies only when the plan is to sell the coin(s) and reinvest profits in new inventory.

  5. On 10/28/2020 at 10:12 PM, Ratzie33 said:

    There are a few scratches, I do not see evidence of cleaning. Under A loop the majority of the lines are die polishing or preparation, raised up off of the surface.

    Actually, you DO see evidence of cleaning, but you aren't acknowledging what you see (for whatever reason).