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brg5658
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Posts posted by brg5658
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15 hours ago, gmarguli said:
The NGC stock photos are lifeless and the contrast is cranked way too high. The PCGS pictures have way too much light and the colors are overly enhanced. Too bad there isn't a happy medium.
I really wish that NGC would start to take pictures of the coins out of the slab like PCGS does. I bet they would get a lot more submissions. I know I send stuff to PCGS just because of the pictures. They are decent pictures that I can use for eBay auctions and I don't need to take my own pics when I get them back. Saves me time and money. I can't use the NGC pictures. Not only are they not good enough for online auctions, but NGC tries to prevent you from using them by blocking their download. I say they try because anyone with minimal knowledge of an internet browser can get around this.
The NGC stock slab photos are as you describe. But, the NGC PhotoVision (similar service to TrueView) are quite good, and could be used for your auctions. They are $8 each apparently (mentioned earlier above), but they are very high quality and are taken of the coin before it is holdered. Well worth the cost IMO - especially if it saves you yet another trip in the mail somewhere to a photographer.
I don't trust the USPS anymore - the last 4-5 months, I have received two damaged packages, one damaged to the point of destroying the NGC holder, but the coin was protected inside. I had never received a damaged package in the previous 15 years of buying coins online...
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18 minutes ago, gmarguli said:
2 million coin collectors in the US? Seems very high. There are only around 30K ANA members. Lots of people buy proof sets or have a box of Morgan dollars from Las Vegas, but I wouldn't necessarily call them coin collectors. What about the people who collect from change, are they coin collectors? In my opinion, there is a difference between a true coin collector and one who just buys mint products or has a small accumulation of coins.
I agree, 2 million seems at least an order of magnitude too high.
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By the way, this medal is listed as DeWitt JGB-1884-21, and in metal types of white metal, copper, brass, and gilt brass.
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20 minutes ago, RWB said:
A reliable source proffers these might have been for the 1884 Democratic presidential campaign, or possibly in advance of the New Orleans World's Industrial and Cotton Centennial Exhibition (opened Dec 1884).
I'd put my money on the 1884 RE-PUBLICAN Presidential Campaign medals...as I pictured above.
The RNC in 1884 was June 3-6 - so the candidates were known well before your time frame, and the striking.
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I'd put my money on this one, since it has PL Krider noted on the obverse.
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I'm starting to understand why some of these posters were banned ATS and at CoinTalk - my ignore list just keeps getting larger and larger.
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1 hour ago, VKurtB said:
Not my area, but is this considered a Hard Times Token? Most I recall seeing had earlier dates than this.
HTTs go through 1843.
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1 hour ago, VKurtB said:
I believe this is incorrect, David. All the 2009 cents in EITHER uncirculated sets or proof sets were the classic brass/bronze alloy, and NOT "Zincolns".
This was established a week ago.
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21 minutes ago, gmarguli said:
Supposedly at $8M. However, I think it is exceedingly likely that the coin is coming up for auction because Bruce/Laura know that there are at least two people interested in it at a certain price level.
Isn’t it also true that if it opens at $8 million and the auction selling it (Legend) is also the owner, that with the 17.5% juice that’s equivalent to opening at $9.4 million. Doesn’t seem like much of a “gamble” ...
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57 minutes ago, MarkFeld said:
I believe that the 1794 dollar is reserved at quite a bit less than $10 million.
Hmmm. It will be interesting to see what happens.
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Something that is extremely odd and inconsistent is that NGC lists the following:
2009-D SMS Lincoln Cent, Birth and Childhood - 3.11g
2009-D SMS Lincoln Cent, Formative Years - 2.50 g
2009-D SMS Lincoln Cent, Professional Life - 2.50 g
2009-D SMS Lincoln Cent, Presidency - 2.50 g
I am almost certain that all of the 784,000-ish Mint set SMS coins for the Lincoln Cents in 2009 are made of 3.11 g and 95% copper composition. Someone needs to fix the NGC coin description listings, as they don't even agree internally.
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Just now, jbrenneman01 said:
Understood. I have noted that both the U.S. Mint website and the NGC website confirm that SP coins are 3.11 grams. I have noted this to the TPG service multiple times. They won't concur.
Or you can say you have an extremely rare Satin Finish coin struck on a Regular Circulation planchet.
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2 minutes ago, jbrenneman01 said:
I don't have any mint sets as I pick the coins all from bank wrapped rolls. I have never looked at the mint sets. I do have a scale accurate to .01 grams. The coin weighs 2.50 grams. The TPG service has been notified for a month that the grade was incorrect, it has been reviewed, all five graders were in agreement with the SP designation, they have rejected my request to have it grade as MS68RD.
I don't want to get into what TPG it is, but in my opinion they are simply wrong. You may need to submit to a different TPG that knows what they are doing.
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Of note, NGC's own website supports and specifies that the 2009 SMS Lincoln Cents are 3.11g: Link here.
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Just now, jbrenneman01 said:
Coin is a 2009-D LP-4 Lincoln Presidency coin weighing 2.50 grams. Grade assigned was SP-68.
In my opinion, it should be graded MS68, as the SP (SMS Satin Finish) coins weighed 3.11 grams. At least, to my understanding and what the Mint website states.
I would wait for @DWLange to reply here to clarify - and if the 2009 coins in SMS were 3.11 grams, you can call the TPG who made the error and request that they review the coin and fix the grade designation.
Do you have a 2009 mint set and a scale with 0.01 g accuracy? I have such a scale, but I don't think I have any raw 2009 Satin Finish cents. Mine are all already slabbed.
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8 minutes ago, jbrenneman01 said:
Thank you for the reply. I did not know that there were made of the same material. The other website states that they are different in that the Satin Finish coins in the Unc Sets are the original pre-1982 brass composition weighing 3.11 grams. All I know is I have searched 3 years and 250,000 pennies in N.F. String and company uncirculated bank wrapped rolls to find this coin only to have it graded incorrectly. Is there any way that a Satin Finish coin could end up in a bank roll??
Can you clarify exactly what coin you have and it's details?
What year?
What weight?
What grade was assigned?
Your first post isn't completely clear what you are asking.
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18 minutes ago, DWLange said:
Both the Uncirculated Set coins (satin finish) and the currency pieces are made of brass-plated zinc. The Unc Set coins for 2005-10 were coined with dies that had a different finish applied to them, but the coins are otherwise similar.
David,
I am pretty sure the Lincoln Bicentennial One Cent pieces from 2009 from the SMS (Mint sets) are not copper-plated zinc. My understanding was that the 2009 SMS Lincoln Cents (from mint sets) and the proof coins were 3.11 g and minted in the 95% copper, 3% zinc, and 2% tin alloy in commemoration of the original issue composition from 1909-1982. The 2009 Lincoln Cents issued for circulation are the normal 2.5 grams and copper-plated zinc composition (post-1982 composition).
I believe all of the other Satin Finish (SMS) Lincoln cents from 2005-2008 and in 2010 are of the normal copper-plated zinc composition. Can you please confirm/clarify? The US Mint website suggests the mint set SMS Lincoln coins from 2009 were of the 3.11 gram older composition.
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36 minutes ago, World Colonial said:I don't expect anyone to completely ignore money in their collecting. If anyone has ever read that in my posts, it's not what I meant. The letter referenced in the OP is expressing entirely different sentiments.
Wall Street already attempted to "widgetize" US collecting in the late 1980's. My recollection is that Merrill Lynch created a LP which was liquidated several years later at substantial losses and Kidder Peabody (now defunct but then part of GE) planned one too. Regardless, it either failed or went nowhere. MS should be aware of this history, so I have no idea why he would write what he did other than as hyperbole.
Second, it's been the dream of at least a segment of the professional numismatic community to attract those who buy expensive art, as this could send the prices of the most expensive coins to the moon. The 2019 Ultra Wealth Report estimates 57,000+ worth $100MM+ and 17,000+ worth $250MM+.
It's evident from the geographic distribution of this population and the price level that only a minimal fraction (I'd guess somewhat more than 1%) are collectors but even where they are, almost never (literally) put any noticeable percentage of their net worth into their collection. In the context of this affluence, it's a rounding error. If even 500 had collections valued at $5MM+, that's at least $2.5B which should be concentrated in the most expensive US coinage. Maybe someone else sees this is in the price level but I sure don't.
Neither of the two scenarios are ever going to happen where it will last more than temporarily. I'm confident it will never happen at all (except maybe in isolated segments such as gold coinage) but can't disprove a negative. No one else can give any credible reason why it will, only claim it by writing in the abstract.
The reason a repeat of the 1980's TPG bubble won't last is because it would price real collectors out of (practically) everything they want to buy. If the second were feasible, a lot more of the wealthiest would be collectors right now at much higher prices. The reason they aren't is because they don't find collecting or this coinage anywhere near as interesting as the financial promoters claim and none of it is a competitive alternative "investment". (Mostly, they don't even know any of these coins exist.)
So when Tradedollarnut and Laura Sperber (of Legend) pulled their $10 million bid-hike shenanigans in the 2013 purchase of the 1794 Specimen $1 - did anyone actually think it was anything other than an "investment tool" to hold for a while and then sell off? I sure didn't - the top of the top coin market is ego-milking investment trading. That Specimen $1 is of course coming up for auction next week in Las Vegas - and I'm quite sure they won't let it go for less than the $10 million they invested in it. It's about showmanship, bragging rights, marketing, and free advertising from the press.
The Eric Newmans of the world are now few and far between.
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3 hours ago, Quintus Arrius said:
Your collective losses.
The population of the U.S. is 3.3 million; that of the world: 7.7 billion.
I have not, and will not, ever block anyone.
The population of the US is 330 million...
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The RNC in 1884 was June 3-6 - so the candidates were known well before your time frame, and the striking.
FUN Show in January
in US, World, and Ancient Coins
Posted · Edited by brg5658
I'm not sure what you're trying to convey here, but the WHO advises all persons to wear masks. The economic lockdown opinion was modified, but that's what intelligent people do - change opinions when presented with evidence to do so. The problem is that people think masks and social distancing infringe on their personal rights in some way. Thus, people (particularly in the USA) don't wear masks consistently, and are not practicing social distancing.
The verbatim WHO recommendations are:
If you're going to FUN in Florida in January, I'd strongly advise wearing a mask at ALL times. Not for yourself, but others. If everyone wears a mask, the spread of COVID-19 is greatly decreased.