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coinsandmedals

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  1. Thanks
    coinsandmedals got a reaction from Ali E. for a journal entry, It has arrived!   
    The last few weeks have been very busy. Perhaps this is why I was so surprised to find a package from NGC in my mailbox today. I was so excited that I did not make it to the front door before I had the package ripped open and the coin in hand. Usually, I make an effort not to open coin-related mail outside, but my excitement got the best of me.
    On any note, I received an 1881 S Morgan Dollar graded MS-64 with the notation of “2020 NGC Registry Award Winner” on the label. This is the only silver dollar I have in my collection, but I plan to display it along with the plaque. The cert verification images do this coin no justice, so I took a few very quick pictures. Photographing silver dollars is entirely new to me, so this proved an interesting experience. As I noted in one of my previous journal entries, I have been slowly gathering lower-value coins to hone my photography skills, so photographing this coin was a real treat for me. I am not entirely happy with how the pictures turned out, so I plan to retry once I have more time.

    In 2019 I won the most creative custom set award, and that plaque has been proudly displayed on top of the bookcase behind my desk since it arrived. I plan to take a trip to Walmart tonight to find a stand for the 2020 award so that they can be displayed together. I can’t help but wonder how my wife will react when I add it alongside the other. She is very supportive, but she still likes to tease me about my “mega nerd” hobby now and again.

    I had the pleasure of speaking with one of the higher-ups at NGC the other day to request a special favor, and it reconfirmed everything I knew about NGC. I am a small-time collector, yet this gentleman took the time to discuss my request and encouraged me to send my items his way. It never ceases to amaze me how dedicated NGC is to the hobby and how willing they are to go the extra mile to help collectors. I have already figured out how to spend the $500 grading credit generously provided by our hosts to further my collecting goals, which I hope to detail in a future journal.
    I want to thank NGC and the staff for their consideration, and I look forward to competing again this year!
    Once again, congratulations to all of the winners!
  2. Like
    coinsandmedals got a reaction from coinsbygary for a journal entry, It has arrived!   
    The last few weeks have been very busy. Perhaps this is why I was so surprised to find a package from NGC in my mailbox today. I was so excited that I did not make it to the front door before I had the package ripped open and the coin in hand. Usually, I make an effort not to open coin-related mail outside, but my excitement got the best of me.
    On any note, I received an 1881 S Morgan Dollar graded MS-64 with the notation of “2020 NGC Registry Award Winner” on the label. This is the only silver dollar I have in my collection, but I plan to display it along with the plaque. The cert verification images do this coin no justice, so I took a few very quick pictures. Photographing silver dollars is entirely new to me, so this proved an interesting experience. As I noted in one of my previous journal entries, I have been slowly gathering lower-value coins to hone my photography skills, so photographing this coin was a real treat for me. I am not entirely happy with how the pictures turned out, so I plan to retry once I have more time.

    In 2019 I won the most creative custom set award, and that plaque has been proudly displayed on top of the bookcase behind my desk since it arrived. I plan to take a trip to Walmart tonight to find a stand for the 2020 award so that they can be displayed together. I can’t help but wonder how my wife will react when I add it alongside the other. She is very supportive, but she still likes to tease me about my “mega nerd” hobby now and again.

    I had the pleasure of speaking with one of the higher-ups at NGC the other day to request a special favor, and it reconfirmed everything I knew about NGC. I am a small-time collector, yet this gentleman took the time to discuss my request and encouraged me to send my items his way. It never ceases to amaze me how dedicated NGC is to the hobby and how willing they are to go the extra mile to help collectors. I have already figured out how to spend the $500 grading credit generously provided by our hosts to further my collecting goals, which I hope to detail in a future journal.
    I want to thank NGC and the staff for their consideration, and I look forward to competing again this year!
    Once again, congratulations to all of the winners!
  3. Like
    coinsandmedals got a reaction from Just Bob for a journal entry, It has arrived!   
    The last few weeks have been very busy. Perhaps this is why I was so surprised to find a package from NGC in my mailbox today. I was so excited that I did not make it to the front door before I had the package ripped open and the coin in hand. Usually, I make an effort not to open coin-related mail outside, but my excitement got the best of me.
    On any note, I received an 1881 S Morgan Dollar graded MS-64 with the notation of “2020 NGC Registry Award Winner” on the label. This is the only silver dollar I have in my collection, but I plan to display it along with the plaque. The cert verification images do this coin no justice, so I took a few very quick pictures. Photographing silver dollars is entirely new to me, so this proved an interesting experience. As I noted in one of my previous journal entries, I have been slowly gathering lower-value coins to hone my photography skills, so photographing this coin was a real treat for me. I am not entirely happy with how the pictures turned out, so I plan to retry once I have more time.

    In 2019 I won the most creative custom set award, and that plaque has been proudly displayed on top of the bookcase behind my desk since it arrived. I plan to take a trip to Walmart tonight to find a stand for the 2020 award so that they can be displayed together. I can’t help but wonder how my wife will react when I add it alongside the other. She is very supportive, but she still likes to tease me about my “mega nerd” hobby now and again.

    I had the pleasure of speaking with one of the higher-ups at NGC the other day to request a special favor, and it reconfirmed everything I knew about NGC. I am a small-time collector, yet this gentleman took the time to discuss my request and encouraged me to send my items his way. It never ceases to amaze me how dedicated NGC is to the hobby and how willing they are to go the extra mile to help collectors. I have already figured out how to spend the $500 grading credit generously provided by our hosts to further my collecting goals, which I hope to detail in a future journal.
    I want to thank NGC and the staff for their consideration, and I look forward to competing again this year!
    Once again, congratulations to all of the winners!
  4. Like
    coinsandmedals got a reaction from Revenant for a journal entry, It has arrived!   
    The last few weeks have been very busy. Perhaps this is why I was so surprised to find a package from NGC in my mailbox today. I was so excited that I did not make it to the front door before I had the package ripped open and the coin in hand. Usually, I make an effort not to open coin-related mail outside, but my excitement got the best of me.
    On any note, I received an 1881 S Morgan Dollar graded MS-64 with the notation of “2020 NGC Registry Award Winner” on the label. This is the only silver dollar I have in my collection, but I plan to display it along with the plaque. The cert verification images do this coin no justice, so I took a few very quick pictures. Photographing silver dollars is entirely new to me, so this proved an interesting experience. As I noted in one of my previous journal entries, I have been slowly gathering lower-value coins to hone my photography skills, so photographing this coin was a real treat for me. I am not entirely happy with how the pictures turned out, so I plan to retry once I have more time.

    In 2019 I won the most creative custom set award, and that plaque has been proudly displayed on top of the bookcase behind my desk since it arrived. I plan to take a trip to Walmart tonight to find a stand for the 2020 award so that they can be displayed together. I can’t help but wonder how my wife will react when I add it alongside the other. She is very supportive, but she still likes to tease me about my “mega nerd” hobby now and again.

    I had the pleasure of speaking with one of the higher-ups at NGC the other day to request a special favor, and it reconfirmed everything I knew about NGC. I am a small-time collector, yet this gentleman took the time to discuss my request and encouraged me to send my items his way. It never ceases to amaze me how dedicated NGC is to the hobby and how willing they are to go the extra mile to help collectors. I have already figured out how to spend the $500 grading credit generously provided by our hosts to further my collecting goals, which I hope to detail in a future journal.
    I want to thank NGC and the staff for their consideration, and I look forward to competing again this year!
    Once again, congratulations to all of the winners!
  5. Like
    coinsandmedals got a reaction from Fenntucky Mike for a journal entry, It has arrived!   
    The last few weeks have been very busy. Perhaps this is why I was so surprised to find a package from NGC in my mailbox today. I was so excited that I did not make it to the front door before I had the package ripped open and the coin in hand. Usually, I make an effort not to open coin-related mail outside, but my excitement got the best of me.
    On any note, I received an 1881 S Morgan Dollar graded MS-64 with the notation of “2020 NGC Registry Award Winner” on the label. This is the only silver dollar I have in my collection, but I plan to display it along with the plaque. The cert verification images do this coin no justice, so I took a few very quick pictures. Photographing silver dollars is entirely new to me, so this proved an interesting experience. As I noted in one of my previous journal entries, I have been slowly gathering lower-value coins to hone my photography skills, so photographing this coin was a real treat for me. I am not entirely happy with how the pictures turned out, so I plan to retry once I have more time.

    In 2019 I won the most creative custom set award, and that plaque has been proudly displayed on top of the bookcase behind my desk since it arrived. I plan to take a trip to Walmart tonight to find a stand for the 2020 award so that they can be displayed together. I can’t help but wonder how my wife will react when I add it alongside the other. She is very supportive, but she still likes to tease me about my “mega nerd” hobby now and again.

    I had the pleasure of speaking with one of the higher-ups at NGC the other day to request a special favor, and it reconfirmed everything I knew about NGC. I am a small-time collector, yet this gentleman took the time to discuss my request and encouraged me to send my items his way. It never ceases to amaze me how dedicated NGC is to the hobby and how willing they are to go the extra mile to help collectors. I have already figured out how to spend the $500 grading credit generously provided by our hosts to further my collecting goals, which I hope to detail in a future journal.
    I want to thank NGC and the staff for their consideration, and I look forward to competing again this year!
    Once again, congratulations to all of the winners!
  6. Like
    coinsandmedals got a reaction from Fenntucky Mike for a journal entry, A new addition!   
    The world coin market seems to be on fire so far in 2021! Even the relatively common certified pieces that I collect are fetching 3-4 times what similar pieces brought just a year ago. I may be spoiled, but it seems ridiculous to pay such a steep price hike for relatively common coins, and as such, I have been making fewer purchases. This is not all bad, as it has allowed me to focus my attention on acquiring high-quality or unique pieces that would have otherwise been more financially difficult to obtain. However, I shouldn't complain too much, as the recent hike in prices has also played to my advantage. I am now able to sell/trade my duplicates to fund more expensive endeavors. I have mixed albeit selfishly derived feelings about the recent uptick in the world coin market.
    On any note, I do have a new addition to share with you all. I know many collectors are not particularly interested in the coin's provenance, but in this case, I assume most collectors would make an exception. As well as the others pictured, this piece was struck at the Soho Mint (click here for more information about the Soho Mint). Although Matthew Boulton was the sole owner of the Soho Mint until he died in 1809, the mint utilized the steam engines of James Watt (Boulton's close business partner) to strike coins, tokens, and medals. Upon Boulton's death, the mint fell under the direction of his son Matthew Robinson Boulton and his partner James Watt Jr. (the son of James Watt). From contemporary documents, we know that James Watt Jr. was an active coin collector, and the Soho pieces were often some of his more prized possessions.
    My newest addition is an 1803 Madras Presidency 10 Cash piece from the James Watt Jr. collection. This particular piece has retained the original silver-lined brass shells and the inner and outer wrapper. The latter is labeled "Madras". Although not entirely definitive, it is thought that Watt Jr. penned the descriptions on the wrappers. James Watt Jr's coin collection was carefully curated in a carved oak box by his ancestors for nearly 200 years before it came to public auction in 2002. This coin was in a lot with five others, two of which are pictured here, which sold for a measly £440 nearly 20 years ago. Unfortunately, both holders look as though they were used as NHL regulation hockey pucks, which made photographing them very difficult, but they are both true gems. That said, you will have to use your imagination to see the coin without all of the scuffs on the plastic.

    Perhaps for my next journal, I will provide a brief write-up on the Madras coinage and the role of the Soho Mint. Admittedly I spent very little time discussing this within my custom registry set, and it is an area that is deserving of a deeper dive.
    Have you noticed any upticks in selling prices within your collecting area over the last year or so? If so, is it limited to the higher-end material, or has it also impacted the relatively common material? Has this impacted your collecting habits? Do you think prices will continue to rise or once again become stagnant? What do you think is driving these increases?
  7. Like
    coinsandmedals got a reaction from World_Coin_Nut for a journal entry, Old habits die hard!   
    When I first started collecting coins, I purchased whatever caught my attention with little to no discipline. As I matured, I found myself focused on EAC and early U.S. type coins. Eventually, I abandoned those areas of focus and shifted my attention to world coins. More specifically, almost all of my collecting efforts are focused on English and Irish copper, emphasizing the Soho coinage.
    Perhaps it is this intense focus that makes my newest purchase so odd. It is not copper, it not English or Irish, and it predates the bulk of my collection by multiple centuries. Given that this coin is so far removed from my ordinary pursuits, I would have been lost without the detailed description inscribed on the envelope by the previous owner, Eric Newman. The envelope is marked Arab Sasasnian Abbasid Silver ½ Dirham. The description continues identifying the piece as struck at Tabaristan Mint (Muqatil). Newman graded this piece as XF, and he noted that it was acquired from the Morris Collection. I find this coin interesting, and I look forward to doing a little more research as time permits, but this is not the only reason I purchased it.
    As it relates to my area of focus, the world coin market is very hot right now. The higher prices have made it difficult for me to add new examples to my collection while maintaining the general quality I have come to expect. As an alternative, I have been purchasing relatively inexpensive eye appealing coins to hone my photography skills. I have a fair amount of experience with copper, but silver is a metal that I rarely work with when photographing coins. The fact that this coin was silver, toned, and not perfectly round made it an ideal candidate to test my skills. Overall, I think the images do a decent job capturing the color and character of the coin, but I found the editing portion to be cumbersome as I had to test out entirely new techniques to account for the jagged edges and irregular shape. I am happy with how the images turned out, and I look forward to applying the lessons learned from this experience to a much more complicated project already in the queue.

    Arab Sasasnian Abbasid, AR ½ Dirham, AH 174 (AD 790-791)
    Issue: Muqatil – Governor of Tabaristan
    Mint: Tabaristan
    Size/Weight: 23.20mm, 1.80g
    Provenance: Eric Newman Collection, Morris Collection
  8. Like
    coinsandmedals got a reaction from rons for a journal entry, Old habits die hard!   
    When I first started collecting coins, I purchased whatever caught my attention with little to no discipline. As I matured, I found myself focused on EAC and early U.S. type coins. Eventually, I abandoned those areas of focus and shifted my attention to world coins. More specifically, almost all of my collecting efforts are focused on English and Irish copper, emphasizing the Soho coinage.
    Perhaps it is this intense focus that makes my newest purchase so odd. It is not copper, it not English or Irish, and it predates the bulk of my collection by multiple centuries. Given that this coin is so far removed from my ordinary pursuits, I would have been lost without the detailed description inscribed on the envelope by the previous owner, Eric Newman. The envelope is marked Arab Sasasnian Abbasid Silver ½ Dirham. The description continues identifying the piece as struck at Tabaristan Mint (Muqatil). Newman graded this piece as XF, and he noted that it was acquired from the Morris Collection. I find this coin interesting, and I look forward to doing a little more research as time permits, but this is not the only reason I purchased it.
    As it relates to my area of focus, the world coin market is very hot right now. The higher prices have made it difficult for me to add new examples to my collection while maintaining the general quality I have come to expect. As an alternative, I have been purchasing relatively inexpensive eye appealing coins to hone my photography skills. I have a fair amount of experience with copper, but silver is a metal that I rarely work with when photographing coins. The fact that this coin was silver, toned, and not perfectly round made it an ideal candidate to test my skills. Overall, I think the images do a decent job capturing the color and character of the coin, but I found the editing portion to be cumbersome as I had to test out entirely new techniques to account for the jagged edges and irregular shape. I am happy with how the images turned out, and I look forward to applying the lessons learned from this experience to a much more complicated project already in the queue.

    Arab Sasasnian Abbasid, AR ½ Dirham, AH 174 (AD 790-791)
    Issue: Muqatil – Governor of Tabaristan
    Mint: Tabaristan
    Size/Weight: 23.20mm, 1.80g
    Provenance: Eric Newman Collection, Morris Collection
  9. Like
    coinsandmedals got a reaction from Fenntucky Mike for a journal entry, Old habits die hard!   
    When I first started collecting coins, I purchased whatever caught my attention with little to no discipline. As I matured, I found myself focused on EAC and early U.S. type coins. Eventually, I abandoned those areas of focus and shifted my attention to world coins. More specifically, almost all of my collecting efforts are focused on English and Irish copper, emphasizing the Soho coinage.
    Perhaps it is this intense focus that makes my newest purchase so odd. It is not copper, it not English or Irish, and it predates the bulk of my collection by multiple centuries. Given that this coin is so far removed from my ordinary pursuits, I would have been lost without the detailed description inscribed on the envelope by the previous owner, Eric Newman. The envelope is marked Arab Sasasnian Abbasid Silver ½ Dirham. The description continues identifying the piece as struck at Tabaristan Mint (Muqatil). Newman graded this piece as XF, and he noted that it was acquired from the Morris Collection. I find this coin interesting, and I look forward to doing a little more research as time permits, but this is not the only reason I purchased it.
    As it relates to my area of focus, the world coin market is very hot right now. The higher prices have made it difficult for me to add new examples to my collection while maintaining the general quality I have come to expect. As an alternative, I have been purchasing relatively inexpensive eye appealing coins to hone my photography skills. I have a fair amount of experience with copper, but silver is a metal that I rarely work with when photographing coins. The fact that this coin was silver, toned, and not perfectly round made it an ideal candidate to test my skills. Overall, I think the images do a decent job capturing the color and character of the coin, but I found the editing portion to be cumbersome as I had to test out entirely new techniques to account for the jagged edges and irregular shape. I am happy with how the images turned out, and I look forward to applying the lessons learned from this experience to a much more complicated project already in the queue.

    Arab Sasasnian Abbasid, AR ½ Dirham, AH 174 (AD 790-791)
    Issue: Muqatil – Governor of Tabaristan
    Mint: Tabaristan
    Size/Weight: 23.20mm, 1.80g
    Provenance: Eric Newman Collection, Morris Collection
  10. Like
    coinsandmedals got a reaction from Coinbuf for a journal entry, Old habits die hard!   
    When I first started collecting coins, I purchased whatever caught my attention with little to no discipline. As I matured, I found myself focused on EAC and early U.S. type coins. Eventually, I abandoned those areas of focus and shifted my attention to world coins. More specifically, almost all of my collecting efforts are focused on English and Irish copper, emphasizing the Soho coinage.
    Perhaps it is this intense focus that makes my newest purchase so odd. It is not copper, it not English or Irish, and it predates the bulk of my collection by multiple centuries. Given that this coin is so far removed from my ordinary pursuits, I would have been lost without the detailed description inscribed on the envelope by the previous owner, Eric Newman. The envelope is marked Arab Sasasnian Abbasid Silver ½ Dirham. The description continues identifying the piece as struck at Tabaristan Mint (Muqatil). Newman graded this piece as XF, and he noted that it was acquired from the Morris Collection. I find this coin interesting, and I look forward to doing a little more research as time permits, but this is not the only reason I purchased it.
    As it relates to my area of focus, the world coin market is very hot right now. The higher prices have made it difficult for me to add new examples to my collection while maintaining the general quality I have come to expect. As an alternative, I have been purchasing relatively inexpensive eye appealing coins to hone my photography skills. I have a fair amount of experience with copper, but silver is a metal that I rarely work with when photographing coins. The fact that this coin was silver, toned, and not perfectly round made it an ideal candidate to test my skills. Overall, I think the images do a decent job capturing the color and character of the coin, but I found the editing portion to be cumbersome as I had to test out entirely new techniques to account for the jagged edges and irregular shape. I am happy with how the images turned out, and I look forward to applying the lessons learned from this experience to a much more complicated project already in the queue.

    Arab Sasasnian Abbasid, AR ½ Dirham, AH 174 (AD 790-791)
    Issue: Muqatil – Governor of Tabaristan
    Mint: Tabaristan
    Size/Weight: 23.20mm, 1.80g
    Provenance: Eric Newman Collection, Morris Collection
  11. Like
    coinsandmedals got a reaction from thisistheshow for a journal entry, Numismatics and social media platforms   
    I enjoy a good book just as much as anyone else, but my wife is nothing short of a bookworm. Her happy place is resting in her “egg-chair” with a good book and a warm cup of coffee, while our oversized cocker spaniel spreads out on her lap. Recently she started a “bookstagram” where she shares her thoughts about recent reads and takes book suggestions from followers. She seems to enjoy interacting with fellow bookworms, teachers, and at times authors. As any husband should, I provided support, encouragement, and my opinion when solicited, but otherwise, I just let her enjoy her newfound outlet to share her passion.
    I didn’t give it much more thought until I stumbled upon a stack of business cards while doing some much-needed organization in my home office about a month or so ago. Within that stack was a card from a younger world coin dealer I met at the Memphis show a few years back. I remember our conversation so vividly because he mentioned that beyond the Memphis show, his entire business was conducted on Instagram. At the time, I was shocked because I didn’t think social media platforms would be instrumental given the general population that they are catered to, but geesh was I wrong. I took a glance, and I soon realized that there are some genuinely top-notch sellers actively buying and selling on several social media platforms.
    I mentioned this to my wife, who, half-joking suggested I create an Instagram account for my coin collection. I am not active enough on this forum for most of you to have a feel for who I am as a person, but let me assure you, her suggestion was rather comical. Even before the pandemic, I never had an interest in social media platforms, primarily because I much prefer spending time with friends in person over what is often superficial virtual interactions. It was not until my junior of college that I even created a Facebook account, and I only did so to keep in touch with the friends I made overseas while studying abroad. I have the app on my phone, but I wouldn’t even begin to guess my password after many years of inactivity. As wives tend to do, she teased me, suggesting my “coinstagram” might muster a few dozen followers, and I tended to agree with her. After all, coin collecting seems like such an odd hobby to many people, and coin collectors are indeed a unique breed.
    In good fun, I took her up on her challenge and created an Instagram page for my collection, and I am having a blast! Who would have thought that I, of all people, would enjoy social media? Most of my friends are shocked, and my wife thinks the whole endeavor is rather comical. I have been posting a coin from my collection with a brief, often historical write-up almost every day, and the community seems to be very supportive. To make things even better, I get to check out some truly amazing coins that others share from their collections. It’s almost like the “post your newest additions” thread but much more active. I see at least a dozen coins a day that I never even knew existed, and I find myself more tempted than ever to expand my collecting interests. In that regard, I suppose Instagram may be a bit of a bad influence.
    In part, I decided to share my experience here because of Jeff Garrett’s article discussing the potential impact social media and internet groups could have on our hobby. It is interesting to see so many coin dealers moving to online platforms in the wake of the pandemic. I had always assumed this would take the form of dedicated websites, but I never pondered the potential role of social media platforms until recently. Amid the pandemic with most shows being canceled, I would hazard to guess that the role of these platforms is likely to expand. As discussed by Garrett, the business component is interesting, but I can’t help but wonder if this increased push into social media platforms will expand exposure to potential new collectors. Perhaps this may even bring in more young collectors who are the primary consumers of social media. Of course, the flip side of that issue is that it could turn into another platform for misinformation, such as the “get rich quick” videos all over YouTube. What are your thoughts? Do you think social media platforms will have an impact on the hobby? If so, do you think it will be mostly positive or negative?
  12. Like
    coinsandmedals got a reaction from Ali E. for a journal entry, Calling all Irish coin collectors!   
    Looking over the NGC registry awards this year, I realized that I had overlooked a valuable platform to share my numismatic journey, the journals. This year I intend to change that by sharing my collecting journey throughout the year. Each month I will do my best to share either a new addition to the collection, grading results from NGC, or any tidbits of numismatic knowledge I acquire. 
    With that said, this is my first journal entry since 2013! In this installment, I would like to share the newest addition to my collection. An 1806 Irish Farthing graded MS-66 BN by NGC. This is the highest graded example at NGC (tied with two others) or PCGS (2 in this grade). I have a soft spot for Irish copper coinage, but it can be challenging to track down nicely preserved specimens. Well circulated examples are abundant, and at times you can find uncirculated pieces for sale, but they are often marred by environmental damage. The holder is pretty scuffed, so I will need to send it in for a reholder. In part, this is what I plan to spend the $500 grading credit that accompanied the registry award I won this year. I am still in awe of NGC's generosity. 

    This particular example is a marked upgrade to my PCGS MS-64 example.  My newest addition is nothing short of stunning. If the dripping luster is not enough to entice your fancy, perhaps the wholly original neon blue toning will do the trick. I have an affinity for naturally blue-toned copper coinage. Of course, one must avoid chemically altered coins (e.g., MS-70) while on the hunt. Like most numismatic skills, this takes some time and a lot of practice. Luckily this example shows a natural toning progression one would expect to see on an original piece. 
    The fact that this example is nicely toned, Irish, struck at the Soho Mint, and nearly pristine makes it a grand slam for me. It has earned a coveted spot in my “top shelf” box alongside other nicely blue-hued copper pieces such as the coin pictured below. 

    Out of curiosity, are there any other Irish coin collectors lurking on these boards? Or perhaps a fellow Soho Mint enthusiast? If you are neither, please consider sharing some of your numismatic “weaknesses”. What makes your wallet suddenly become a little thinner? 
  13. Like
    coinsandmedals reacted to Revenant for a journal entry, Finally Filled “the Gold Box” - ~13 years later.   
    With my anniversary present now in hand I have reached a milestone that I’d thought about a number of times over the years.
    I bought my first gold coin in 2007 - an MS70 graded 1/4th oz gold eagle - as a way of celebrating my 21st birthday that didn’t involve getting drunk - which didn’t interest me much at the time (or now, really).

    The idea of “first gold” seems to be special for a lot of people - people will often post about their first gold purchase in the “SilverBugs” subreddit. It is definitely an interesting and cool experience to hold, see and own a gold coin - especially for the first time - especially if it’s old, classic gold and not NCLT (but we’ll leave that argument for other venues and times).
    For a long time that coin sat in an NGC 20-coin box with a bunch of other, mostly silver coins, and it was just joined by other gold coins as I gradually added a couple more. I always thought in those days that it would be a very long time before I could hope to fill a 20-coin NGC box with just gold coins.
    When I got up to about 10 coins, I broke them out into their own box - with a lot of empty room in it. I used the extra slots to separate out the NCLT from the 10G coins and other classic gold and had them in pods / groups in the box. And I that point I wondered if I would ever reach a point where the box was full and there were no more gaps or spacers in the box.
    Turns out the answer to “how long?” would be about 13 years - from Oct 2007 to Jan 2021. The box is now full of graded gold coins.


    (Yeah. It's 19 to one, which is probably roughly representative of my collection of graded coins as a whole - but... no bias here. )
    Granted, most of them are small, with the smallest being about 9% of an ounce. It is not a box full of nothing but double eagles. It is not 20 oz of gold. But, still, it is 20 gold coins - many 100+ years old - which feels like no small accomplishment. Looking at them laid out like that also makes it strike home for me just how fortunate I am in some aspects of my life - in many aspects of my life, really.
    It will be an accomplishment of a different sort and on its own when and if I ever decide to (and convince my wife to agree to) buy a double eagle or similar, larger gold coin. The largest I have so far is about a quarter of an ounce.
    The progress towards this goal has definitely been loaded more towards the back end / the last few (~6) years. Even with the costs of raising children and a long stint of unemployment, the version of me that has a PhD and a full-time job has found it easier to afford such luxuries than the version of me that was a graduate student on a monthly stipend.  
  14. Like
    coinsandmedals got a reaction from Ray, USMC for a journal entry, The collecting bug strikes again!   
    I have found over the years that coin collectors often collect other things. Some pursue items unrelated to their numismatic interests, while others pursue tangentially related items. In my case, my side collections fall more in line with the latter rather than the former. Often this takes shape in the form of numismatic references published in the mid to late 18th century, with the occasional spattering dating back to the 17th century. These books often make for nice shelf decoration with their weathered leather spines in addition to being full of contemporary knowledge and interesting engravings. Lately, this area of collecting has expanded to include other ephemera such as contemporary newspapers, which brings me to the current journal topic.
    Before I became entirely enamored with the Soho Mint, I spent a good deal of time building a collection of earlier English copper that I used to tell the story of the small change shortage that plagued England for centuries. This custom set entitled "Social elitism: As told by the history of English copper 1694-1807" won the most creative custom set award in 2019. I only mention this because that set tells the larger scope of the story that I plan to introduce here. Before showing off my new find, let me first set the context.
    England had witnessed a shortage of small change since the 1300s. Across several centuries "attempts" were made to fix the issue, but it was never fully resolved. In part, this was due to the reliance on silver, which necessitated increasingly smaller coins for the lower denominations as the price of raw material continued to rise. Although the idea to use copper in place of silver for the lower denomination coins had been considered as early as Elizabeth I's reign, it wouldn't be until 1672 under Charles II that we would see the first regal copper coin for England. Eventually, counterfeiters realized that a healthy profit could be made by melting down regal coppers and producing their own lightweight "coinage" from the raw material. This became an expansive issue in England that was only made worse with the introduction of tin coinage. Counterfeiting would continue almost unchecked throughout the reigns of William and Mary, William III, and George I. Lackluster distribution of regal copper by George II’s predecessors left the outskirts of England with an almost non-existent supply of copper, while large cities such as London were under siege by lightweight counterfeits made from the melted regal coppers that never circulated out the city.
    In short, the state of small change in England was a mess, and the initial response was to produce new regal copper to drive out the counterfeits. Production was authorized on July 21st, 1729, and signed into law by Queen Caroline in the King's absence. In theory, this approach might have worked, but as before, the output of regal copper was insufficient to meet the public's needs. Instead of fixing the problem, the new regal coinage made it worse. As in prior years, the process was simple. Counterfeiters would melt down regal coppers and use the raw material to cast lightweight forgeries. The difference in the weight would yield a handsome profit to the counterfeiter. Eventually, the scheme escalated, and regal copper was melted down, the metal diluted to a less pure state, and the forgeries were created from the less pure metal. This allowed a twofold profit for the counterfeiter because the less pure copper mixture allowed them to produce more underweight forgeries. This newfound profit instigated an explosion in counterfeiting activity.
    In response to the growing issue, George II issued "An Act for the more effectual preventing the counterfeiting of the current Coin of This Kingdom, and the uttering or paying of false or counterfeit Coin" on September 29th, 1742. The majority of the act concerns silver and gold coinage, but my primary interest is the new provisions related to the copper coinage. I have done my best to include scans of the original document when convenient. At times the area of interest is split between pages and it would be troublesome to properly format the pictures in a pleasing way for the reader. The excerpt below is a great example of this type of occurrence, and as such, I have resorted to simply quoting the text here. 
    Here is one of the more interesting parts, as it relates to copper and silver coinage:
    "shall file, or any ways alter, wash, or color any of the brass monies called Halfpennies or Farthings, or add to or alter the impression, or any part of the impression of either side of an Halfpenny or Farthing, with intent to make an Halfpenny resemble or look like, or pass for a lawful Shilling, or with the Intent to make a Farthing resemble or look like, or pass for a lawful Sixpence"
    From this excerpt, it appears that a clear threat against the silver coinage existed in that copper coinage was altered to pass as either a Shilling or a Sixpence. This presents a new facet of the counterfeiting operation as it pertains to the copper coinage that I was unaware of and further highlights the prevalence of the issue. This point is further highlighted in the section discussing the uttering of false or counterfeit money.


    "And whereas the uttering of false money, knowing it to be false, is a Crime frequently committed all over the Kingdom, and the offenders therein are not deterred by reason that is only a misdemeanor, and the punishment often but small, although there be great reason to believe, the common utters of such false money are either themselves the coiners, or in confederacy with the coiners thereof"
    It is very interesting to note the writers openly suggest that those who commonly utter counterfeit money are also likely at best in cahoots with the counterfeiters. This further suggests that the crime had developed into a multifaceted operation, a notable maturation from prior counterfeiting operations. The document discusses the appropriate punishments for both offenses (i.e., counterfeiting/altering, or uttering counterfeit money). Given the focus is on silver and not copper coinage, I have not detailed it here.
    Before moving on, it is also noteworthy that the first provided excerpt of the document refers to the halfpennies and farthings as "brass" instead of copper. This error is later corrected in the document. It is not until the 6th paragraph that copper coinage provisions are revisited, and it is short-lived. Here is the whole excerpt:
    "And whereas the coining or counterfeiting any of the copper money of this kingdom is only a misdemeanor, and the punishment often very small; be it hereby further enacted by the authority aforesaid, that if any person whatsoever, shall, after the said twenty ninth day of September, make, coin, or counterfeit any brass or copper money, commonly called a Halfpeny, or a Farthing, such person offending therein, and his, her, and their aiders, abettors, and procurers being thereof convicted, shall suffer two years imprisonment, and find sureties for his or her good behavior for two years more, to be computed from the end of the said first two years."
     
    From this, it is clear that the counterfeiting of copper coinage remains a misdemeanor, but unlike before, the punishments are much more severe. The new law provisioned a two-year prison sentence to those found guilty of counterfeiting copper coinage and further escalated the punishment by requiring the convicted to secure sureties for their crime-free behavior for two years after release. This last part is notable because the convicted were required to find someone willing to financially vouch for their good behavior. If the convicted were to violate the surety terms, the backer would lose whatever surety was required. In other words, it would be very quick to burn bridges with allies if found guilty, released, and subsequently convicted again. Of course, this provision is minimal in comparison to the next.
    The remaining portion of the document details a marked increase in the reward provided to those who apprehend offenders of any of the offenses mentioned above. For offenses related to silver or gold coinage, the reward was £40 per conviction, whereas they were only entitled to £10 for convictions related to copper coinage. To my knowledge, this is the most aggressive approach to counter the falsification of copper coinage taken by any monarch at the time. To make matters more interesting, the act further provisioned pardons under certain circumstances.
    "And be it hereby further enacted, by the authority aforesaid, that whoever being out of prison, shall, after the said twenty ninth day of September, commit any of the offenses aforesaid and shall afterwards discover two or more persons, who shall, after the time aforesaid, have committed any of the said offenses, so as such two or more persons shall be thereof convicted, such discoverer shall have, and is hereby intitled to His Majesty's most gracious pardon for such his or her offenses."
    In other words, if a previously convicted individual were to provide information that directly resulted in the conviction of at least two others, their charges would be dropped, and a royal pardon would be issued. This pardon would allow the convicted turned informant to avoid the surety provision and wipe their slate clean, which would be vital to avoiding harsher punishments for subsequent convictions. As you can imagine, the language used opened many legal loopholes that were fully taken advantage of.
    Although the new law made the punishments more severe, it seems as though the impact was not as significant as intended. Peck (1964) notes that the law was not written concerning pieces that had noticeable differences to the regal issues. For instance, if the forgery had numerous spelling errors or slight alterations of the bust and did not have a nearly exact similarity to the regal issue, the prosecution was made much harder and often resulted in a minimal punishment. This is why so many non-regal pieces have slightly different legends and design details compared to the regal issues. This idea took off, and by 1751, counterfeiters were advancing to the use of hand presses to produce their forgeries. This allowed them to produce more pieces at a faster rate yielding even more profit. This quickly became a more sophisticated operation with one location melting the regal issues, one location diluting the copper, another producing the blanks, and yet another striking the forgeries. A final agent would be involved in distributing the counterfeits to the market. This fragmented process made apprehending the criminals very difficult. This is also when we see an expansion in invasion type coinage, specifically to the colonies, as the same counterfeiting laws did not protect them.
    This new document is tangible proof of the widespread issue and only adds to my enjoyment of the history surrounding England's copper coinage. Although it predates my main focus, the Soho Mint, it helps set the historical context that resulted in its success. Without the crown's dramatic failure to issue sufficient copper coinage, the failure of parliament to protect it against counterfeiting, and the court's failure to fully prosecute the guilty parties, the history of the Soho Mint might have been very different. 
    So what are some of the other things that you collect? Are they related to your numismatic pursuits? What got you interested in your “side collection”?
  15. Like
    coinsandmedals reacted to Revenant for a journal entry, 5 Years   
    So yesterday was our 5th anniversary - we are over 6 years into the relationship.
    The 5th anniversary is supposed to be “Wood” so my wife had considered getting me a challenge coin / coin holder make of wood with the idea of putting a coin that relates to us / our relationship in it, but I don’t really have a coin that fits that bill - the closest I had was that Standing Liberty half she got me as an anniversary present last year, and, since it is in a slab, it wouldn’t have worked for this. And I did not want to crack it out.
    We’ve been to England together and she lived there for several years as a child. She also lived in Italy for several years as a kid and wants to go back there with me one day. Maybe one of these days we can put together a display with a British Sovereign and an Italian 20 Lira coin. Maybe in one of those display boxes that holds two graded coins… That would look nice, I think. 😊
    After some back-and-forth discussion she decided to get me this: A 2016 $5 GAE in MS70.

    I’d tried to go in the favor of a 2014 coin - the year we met - and avoid 2016 - which also happens to be Ben’s Birthyear, but she wanted to go with 2016 and I understand that. It’s a $5 face value coin as a 5th anniversary present. Not a bad parallel / coincidence.
    Before gold prices went up so much in the last year I probably would have tried to stretch for or toss in some of my coin budget to get a 1/4th oz coin, even though I already have one I’m holding to give to Ben one day. This one would be mine to keep! I may try to go for a 1986 coin or another 1/4th oz coin in a few months in the unlikely event that I get a bonus this year - we were profitable in 2020, which is nice, but I don’t know if we were profitable enough for everyone to get a bonus. Of course, I may go for that 20 Lira coin instead if I do… choices… so many options…
    I still have not decided when exactly that 2016 gold coin is going to transfer to Ben’s possession but it’s going to be after I’m convinced that he’s old enough to make good decisions with it.
    One of these days, when I win the lotto, I’ll get a 1 oz for 1986 (birth year for both of us) and 2016… and some 1920 and 1924 double eagles. Lol Anyway… I’ll dream more later… I’m good at dreaming.
    The 5th anniversary can also be marked with Sapphires so that was the direction I went in - blue sapphire necklace and earrings set in sterling silver. The necklace was here in time, but the earrings haven’t shipped yet (supposedly I’ll get them around the 26th).
     
    She also got a new blue wrap dress to go with it the necklace and earrings. She seems to like all three (or will like the earrings when they get here based on responses to pictures).
    My shenanigans with all of this "coins" and "currency" and "photography" stuff all predates the marriage so she can't say she didn't know what she agreed to! But she's the real MS70.
    I'll have to get a full body shot of her out at the park in some sunlight to do her justice in the dress.

     
  16. Like
    coinsandmedals got a reaction from Crawtomatic for a journal entry, Calling all Irish coin collectors!   
    Looking over the NGC registry awards this year, I realized that I had overlooked a valuable platform to share my numismatic journey, the journals. This year I intend to change that by sharing my collecting journey throughout the year. Each month I will do my best to share either a new addition to the collection, grading results from NGC, or any tidbits of numismatic knowledge I acquire. 
    With that said, this is my first journal entry since 2013! In this installment, I would like to share the newest addition to my collection. An 1806 Irish Farthing graded MS-66 BN by NGC. This is the highest graded example at NGC (tied with two others) or PCGS (2 in this grade). I have a soft spot for Irish copper coinage, but it can be challenging to track down nicely preserved specimens. Well circulated examples are abundant, and at times you can find uncirculated pieces for sale, but they are often marred by environmental damage. The holder is pretty scuffed, so I will need to send it in for a reholder. In part, this is what I plan to spend the $500 grading credit that accompanied the registry award I won this year. I am still in awe of NGC's generosity. 

    This particular example is a marked upgrade to my PCGS MS-64 example.  My newest addition is nothing short of stunning. If the dripping luster is not enough to entice your fancy, perhaps the wholly original neon blue toning will do the trick. I have an affinity for naturally blue-toned copper coinage. Of course, one must avoid chemically altered coins (e.g., MS-70) while on the hunt. Like most numismatic skills, this takes some time and a lot of practice. Luckily this example shows a natural toning progression one would expect to see on an original piece. 
    The fact that this example is nicely toned, Irish, struck at the Soho Mint, and nearly pristine makes it a grand slam for me. It has earned a coveted spot in my “top shelf” box alongside other nicely blue-hued copper pieces such as the coin pictured below. 

    Out of curiosity, are there any other Irish coin collectors lurking on these boards? Or perhaps a fellow Soho Mint enthusiast? If you are neither, please consider sharing some of your numismatic “weaknesses”. What makes your wallet suddenly become a little thinner? 
  17. Like
    coinsandmedals got a reaction from coinsbygary for a journal entry, Calling all Irish coin collectors!   
    Looking over the NGC registry awards this year, I realized that I had overlooked a valuable platform to share my numismatic journey, the journals. This year I intend to change that by sharing my collecting journey throughout the year. Each month I will do my best to share either a new addition to the collection, grading results from NGC, or any tidbits of numismatic knowledge I acquire. 
    With that said, this is my first journal entry since 2013! In this installment, I would like to share the newest addition to my collection. An 1806 Irish Farthing graded MS-66 BN by NGC. This is the highest graded example at NGC (tied with two others) or PCGS (2 in this grade). I have a soft spot for Irish copper coinage, but it can be challenging to track down nicely preserved specimens. Well circulated examples are abundant, and at times you can find uncirculated pieces for sale, but they are often marred by environmental damage. The holder is pretty scuffed, so I will need to send it in for a reholder. In part, this is what I plan to spend the $500 grading credit that accompanied the registry award I won this year. I am still in awe of NGC's generosity. 

    This particular example is a marked upgrade to my PCGS MS-64 example.  My newest addition is nothing short of stunning. If the dripping luster is not enough to entice your fancy, perhaps the wholly original neon blue toning will do the trick. I have an affinity for naturally blue-toned copper coinage. Of course, one must avoid chemically altered coins (e.g., MS-70) while on the hunt. Like most numismatic skills, this takes some time and a lot of practice. Luckily this example shows a natural toning progression one would expect to see on an original piece. 
    The fact that this example is nicely toned, Irish, struck at the Soho Mint, and nearly pristine makes it a grand slam for me. It has earned a coveted spot in my “top shelf” box alongside other nicely blue-hued copper pieces such as the coin pictured below. 

    Out of curiosity, are there any other Irish coin collectors lurking on these boards? Or perhaps a fellow Soho Mint enthusiast? If you are neither, please consider sharing some of your numismatic “weaknesses”. What makes your wallet suddenly become a little thinner? 
  18. Like
    coinsandmedals got a reaction from Ray, USMC for a journal entry, Calling all Irish coin collectors!   
    Looking over the NGC registry awards this year, I realized that I had overlooked a valuable platform to share my numismatic journey, the journals. This year I intend to change that by sharing my collecting journey throughout the year. Each month I will do my best to share either a new addition to the collection, grading results from NGC, or any tidbits of numismatic knowledge I acquire. 
    With that said, this is my first journal entry since 2013! In this installment, I would like to share the newest addition to my collection. An 1806 Irish Farthing graded MS-66 BN by NGC. This is the highest graded example at NGC (tied with two others) or PCGS (2 in this grade). I have a soft spot for Irish copper coinage, but it can be challenging to track down nicely preserved specimens. Well circulated examples are abundant, and at times you can find uncirculated pieces for sale, but they are often marred by environmental damage. The holder is pretty scuffed, so I will need to send it in for a reholder. In part, this is what I plan to spend the $500 grading credit that accompanied the registry award I won this year. I am still in awe of NGC's generosity. 

    This particular example is a marked upgrade to my PCGS MS-64 example.  My newest addition is nothing short of stunning. If the dripping luster is not enough to entice your fancy, perhaps the wholly original neon blue toning will do the trick. I have an affinity for naturally blue-toned copper coinage. Of course, one must avoid chemically altered coins (e.g., MS-70) while on the hunt. Like most numismatic skills, this takes some time and a lot of practice. Luckily this example shows a natural toning progression one would expect to see on an original piece. 
    The fact that this example is nicely toned, Irish, struck at the Soho Mint, and nearly pristine makes it a grand slam for me. It has earned a coveted spot in my “top shelf” box alongside other nicely blue-hued copper pieces such as the coin pictured below. 

    Out of curiosity, are there any other Irish coin collectors lurking on these boards? Or perhaps a fellow Soho Mint enthusiast? If you are neither, please consider sharing some of your numismatic “weaknesses”. What makes your wallet suddenly become a little thinner? 
  19. Like
    coinsandmedals got a reaction from Revenant for a journal entry, Calling all Irish coin collectors!   
    Looking over the NGC registry awards this year, I realized that I had overlooked a valuable platform to share my numismatic journey, the journals. This year I intend to change that by sharing my collecting journey throughout the year. Each month I will do my best to share either a new addition to the collection, grading results from NGC, or any tidbits of numismatic knowledge I acquire. 
    With that said, this is my first journal entry since 2013! In this installment, I would like to share the newest addition to my collection. An 1806 Irish Farthing graded MS-66 BN by NGC. This is the highest graded example at NGC (tied with two others) or PCGS (2 in this grade). I have a soft spot for Irish copper coinage, but it can be challenging to track down nicely preserved specimens. Well circulated examples are abundant, and at times you can find uncirculated pieces for sale, but they are often marred by environmental damage. The holder is pretty scuffed, so I will need to send it in for a reholder. In part, this is what I plan to spend the $500 grading credit that accompanied the registry award I won this year. I am still in awe of NGC's generosity. 

    This particular example is a marked upgrade to my PCGS MS-64 example.  My newest addition is nothing short of stunning. If the dripping luster is not enough to entice your fancy, perhaps the wholly original neon blue toning will do the trick. I have an affinity for naturally blue-toned copper coinage. Of course, one must avoid chemically altered coins (e.g., MS-70) while on the hunt. Like most numismatic skills, this takes some time and a lot of practice. Luckily this example shows a natural toning progression one would expect to see on an original piece. 
    The fact that this example is nicely toned, Irish, struck at the Soho Mint, and nearly pristine makes it a grand slam for me. It has earned a coveted spot in my “top shelf” box alongside other nicely blue-hued copper pieces such as the coin pictured below. 

    Out of curiosity, are there any other Irish coin collectors lurking on these boards? Or perhaps a fellow Soho Mint enthusiast? If you are neither, please consider sharing some of your numismatic “weaknesses”. What makes your wallet suddenly become a little thinner? 
  20. Like
    coinsandmedals reacted to DrDarryl for a journal entry, Presidential Numismatic Artifacts (Part 1)   
    Presidential Numismatic Artifacts (aka PNAs) is a term that I coined  that classifies a group of US Mint coins and medals gifted by or awarded by a sitting US President or through his direction. How does one prove the presidential connection of a US Mint coin or medal? The answer is with proper research and documentation. This journal entry presents PNAs from President Dwight D. Eisenhower (there are three other modern US Presidents).
    The image below is of half dollar sized medal that was part of a 1959 presentation set (medal, card and envelope). My research indicates that only 91 presentation sets were awarded.

    President Eisenhower's 1960 Summer White House medal (Newport, RI) is the size of a US Morgan dollar. My research indicates that only 800 Newport, RI medals were manufactured.



    In all, President Eisenhower gifted/awarded a total of 20 different medal types that were manufactured by the US Mint. My research is published in two books. My last book :
    https://www.coinbooks.org/esylum_v18n31a06.html
    A copy of this book permanently rides in the Dwight D. Eisenhower Presidential Library and Museum.

    A updated version of this book is being written.
    My next journal entry will be on a PNA awarded by President John F. Kennedy.