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Coinbuf

Member: Seasoned Veteran
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Everything posted by Coinbuf

  1. A coin can be used in multiple sets and it will receive points for and contribute to the rank of each individual set. But for your overall points and collector rank it will only be counted once. As an example on my profile page I have 372,142 registry points, but if you add up the total points of all my 72 sets it is much higher than the 372k. I personally don't pay this any attention as it is a meaningless stat, the top spots are held by dealers that are listing registry sets for their gold buying customers. Gold coins can have huge point totals; well over 10K for a single coin; so this whole collector rank thing is hopelessly skewed and really just useless. Edited to add: I just added up the points from my first ten registry sets in my list of 72 sets, just those ten sets add up to 592,928 registry points where my profile only shows a point total of 372,142. Like I said its a meaningless stat.
  2. Very difficult to say for sure it does look odd, it might be a counterfeit or it may just have been altered to remove what was under the eagle on the reverse. It may have been a novelty piece and the area on the reverse that looks altered could have had the word copy there which was removed in an attempt to pass it off as real. As you say the size and weight are correct then my best guess is the half dollar lettering was removed in an attempt to pass it off as a higher denomination, just one of any number of possible theories on what happed to this coin. I doubt very much that the coin was in this condition when it left the mint and has been altered.
  3. I am assuming that you are referring to Great Collections, yes I have bought and sold with Ian and his staff. Top notch firm and you will find a lot of very nice coins on his auction site, as is true of most auction venues some things can be had inexpensively and others go for moon money. In case your are not aware the items you listed that you are interested in happen to be some of the hottest coin items right now. The rise in silver prices and the increased interest from the 2021 mint Morgan and Peace dollar releases have pushed the prices of even the most common Morgan and Peace dollars sky high, ASE's have also been pushed up by the silver price increase. Some of that may fall back some over the next year or so as the hype of the 2021 mint releases dies off, also will depend on what the silver prices do during that time.
  4. DLRC has one that looks nice in a quick glance at the photos, the penny lady has a couple (although I usually find her prices on the high side), and Coast to Coast has a couple. Edited to add: Northern Nevada Coin has a 63RD that looks more RB and priced more like a RB.
  5. Your question is far too vague and all-encompassing to even begin to answer; are you looking for raw coins, certified coins, US coins, world coins etc... There are many different venues and types of vendors depending on what your seeking. However as a general rule most dealers/auction houses be it on-line or in person are not there to sell at discounts. An old phrase but true "there is no Santa Claus in coins". That does not mean that you cannot get deals, but that requires some work on your part and some occasional luck. If there is a local brick and mortar coin store (or two) near you I suggest that you go in and engage the owners, discuss what interests you and see if they carry material that you like. As you build a repour with the owners; and usually after you buy a few things, they are more likely to want to work with you and be willing to give a small discount and give you first crack and cherrypick new material. If you have done some research and know what your looking for you may be able to find a nice variety coin in a dealers inventory that he missed, that is the very best way to get a bargain. Again this does not happen without some effort on your part to establish and build the relationship. Some areas of the country still have local live auctions, if there is one in your area then that can be a good way to find some deals. However you will need to be very confident in your abilities to both grade and spot problem/counterfeit coins. Going to coin clubs in your area is a good way to connect with other collectors, some of my best buys have happened by buying from other collectors on forums like here and the PCGS forum. There are ways to find good coins for good prices but expecting to buy better than average coins for basement level prices is just not a realistic expectation.
  6. I'm sorry that is not a mint error.
  7. Oh ok that is more than the usual 3 or 4 days to resolve such an issue so I don't think that is the problem. The NGC team does not work on the weekends as a general rule but if we tag @Ali E. hopefully she can clear this up for you on Mon AM.
  8. What date did you attempt to add this coin? If the coin is showing in another members inventory or registry set the NGC team will contact that user to see if he still is claiming ownership of the coin. Usually its an oversight and the prior owner has not deleted it from his inventory/sets, but it can take a few days to go through this process.
  9. Melt value is right at $220 today, however in the current market all gold coins are selling for above melt. I don't follow gold coin pricing that closely right now as I think they are overpriced so I cannot say for sure if you got a deal, my gut feeling is that assuming the coin is authentic then you did ok.
  10. Here is a helpful resource for you to review provided by NGC, this is for the 1960 quarter but in this Coin Explorer section of NGC you can look up information on any coin. At the top is a brief summary and as you scroll down you can see the NGC guide price, the number of coins that NGC has graded at each uncirculated grade, and some actual prices that graded coins have sold for in previous auctions. Please note that these figures are for coins that have been graded and raw coins like those you have typically sell for less. At the bottom you can see some photos (some better that others) of actual NGC graded coins in various grades. NGC Coin Explorer
  11. First uncirculated is a range of conditions that starts at MS60 (the bottom of the uncirculated range) and goes to MS70 (a coin that would be considered perfect). I can only judge your coins from this one photo of one side of the coins, but from that photo your 1960 does not look to be uncirculated. Again all I have is the photo to judge from and maybe if I saw the coin in hand I would form a different opinion. Second just because someone labeled a coin as uncirculated does not mean that it really is in uncirculated condition. And thirdly value is determined from a combination of both the condition and the rarity of the coin. 1960 may seem old as it was made over 60 years ago; however the Philadelphia mint made over 30 million quarters in 1960. The Washington quarter design started in 1932 and only 5 million quarters were made that first year at the Philadelphia mint; so you can see there are many years when the mintage was much lower (making those more rare and more valuable) than your 1960 coin. I am not trying to be harsh, your coins are very nice and a great memento that you received from your grandfather. They are great coins for an album collector; but these are not the kind of coins that are worth large sums of money.
  12. You don't "get" that type of grade, the coin has to be in top quality condition for the TPG graders to assign a high level grade. The three coins you have shown here are not top quality condition coins and have no value over the silver value; which at this time is about $4.65 each.
  13. It is certainly ok and even encouraged to ask for grade and value opinions. However for us to be able to answer your questions you need to provide clear, in focus, well lit, cropped photos so that we can see what it is you want opinions on. None of the photos you have provided meet any (except being cropped) of the criteria for us to provide any meaningful replies or opinions.
  14. Even though it would mean that I would lose my 1st place rank for at least one set I also agree (and have said this on several occasions) that the registry awards should be calculated using only NGC coins. As to the last part, well its quite possible that some of those PCGS only sets are here because they cannot compete with the whales like Hanson that dominate the PCGS registry. Is it really worth putting a set up when one guy has the top 5 sets in so many of the available categories, it seems to me that his dominance of the registry ats could possibly kill off the interest for many.
  15. I'm not sure what your question is on the quarter, from your photo it appears to be a lightly circulated coin that is stained or dirty nothing special or worth keeping that I see.
  16. Coinbuf

    delete

    Found what I wanted to know.
  17. Your photos show some clash marks and I have no doubt that it is a VAM of some kind, however I do not follow the VAM thing. I do not see any sign of it being the overdate; as far as condition the photos suggest MS62.
  18. Just damaged it was sanded or ground down or rubbed against something abrasive, it was not created at the mint that way.
  19. The close up is out of focus and rather pixelated, however it looks like just PMD.
  20. People do not want to go back to work so they have turned to the get rich quick youtube hucksters for those sure fire ways to get rich from the junk in your pocket. Its not that these folks are interested in collecting or the hobby, just how rich can I get and how fast because they are lazy. Getting to the op's question there is very little that any of us can do individually, but as a group we need to give accurate information and refrain from indulging those that are not interested in learning. It is not hard to figure out which posters those are as they usually out themselves within a few reply posts. The intellectual level in the US is dropping and will continue to do so until the education system stops teaching opinions. As the intellect drops the misinformation and "garbage" on the net will only increase.
  21. Something that I recently thought about, it would be nice if the registry team could find a way to verify the validity of the sets in the registry. I am thinking about the registered sets themselves not so much the individual coins, while that would be nice too I think that would be far too difficult to manage. But there are sets in the registry that appear to have been sold off and not real sets anymore but not retired by the owner. I can see where this could very easily happen as a collector might pass and his relatives may have no knowledge that his sets are listed in the registry. Over time as the coins are sold off you can see where the score is reduced by the coins that new owners submit into other registry sets. However not every coin in a dead set will be bought by a registry collector and thus some sets sit at some level of completion/rank when in fact the set is not valid. My suggestion is a mass email sent to each registry participant several months before the deadline asking those owners to verify that all their sets are in fact valid as they appear on the registry. It should be a fairly simple task to program a blast email that the computer system could send out at a preset date. Any owners that do not respond within a month should have those sets placed into an inactive status and thus not eligible for competitive status, and those owners notified of the change in status via email. If an owner of a set that has been placed into the inactive status then contacts the registry team and advises them that he/she was unable to respond in time but that the set is indeed still active then the team could simply change the set status, no harm no foul. Again most of this could be automated so that it would not be a huge time drain for the NGC registry team. I can see where this might be difficult for the first year of implementation, its very possible that some owners may have changed email accounts and not updated their info, or other possible snags that might cause some unhappy owners so it would need to be well announced (again an email blast would be very useful) and promoted so that the registry participants are not left in the dark about such a change. After the first year or two this should be a very smooth operation that would enhance the registry experience for all.
  22. One of the very best things about the NGC registry is the level of inclusiveness it provides by including PCGS graded coins in the US sets. This is a very good thing as the exclusive nature of the competing registry turns me off to using it for competitive sets. I think there are a few ways that this option could be improved upon going forward but this is a very nice feature that I am glad has returned and will not be changed again as it was for a brief time in the past. I also very much enjoy perusing the sets and view the photos and comments (for the few sets that have them) from the owners, numbers filling the holes is fine but the photos and descriptions really tell the tale. I really enjoy the sets where the owners have taken extra time to describe the nature of the set, the motivation and desire behind why the set was assembled, and real descriptions of each coin so you can feel the passion that the collector had when that coin was acquired. And lastly I do enjoy the competition at some level, it keeps me motivated to continue to add quality coins and improve my sets. Not just the numbers on the slabs but also the photos and descriptions including adding collage shots for the set photos where the rank banner is shown.