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Coinbuf

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Everything posted by Coinbuf

  1. Lol, sorry to disappoint you but I'm not triggered, just laughing at your use of a clickbait thread title and the amount of misinformation you are spreading. Yes coins are dipped in diluted acidic solutions like Ezest and yes they do receive straight grades that is correct. However, those coins are not soaked for long periods, that is how you end up with a burned, porous, lifeless surface like the coin you are so overjoyed to own. I don't know where you got your metallurgy degree from but I suggest that you ask for your money back, you cannot remove an oxidation layer (toning) without removing a very tiny amount of the coin's surface. Every time you dip a coin a microscopic layer of the surface is removed and the flow lines are altered. When done properly a few times it may not be noticeable to someone that has no idea what an original surface looks like. But done repeatedly the surfaces become so altered that you end up with what you have, a burned and lifeless coin. If you're not selling the coin then why are you so preoccupied with trying to convince everyone here of the value? Modesty goes further than bragging. Here is a question for you, as you say you didn't do the damage to this coin how is it that you know exactly what was done to doctor this coin? You describe the process in detail in your post above and claim it is "safe" how do you know all this if you didn't do the doctoring yourself. Can you provide some legitimate links to scientific studies (not garbage you tube links) that prove soaking a coin in "pure white vinegar long soak at 36 degrees F" is scientifically safe and sound? Providing some actual proof of your claim would go a long way to establish some credibility, otherwise as said above you just sound like a used car salesman.
  2. Posting tons of photos and starting multiple threads will not change the fact that you have a severe case of Pareidolia
  3. He is hoping to perpetuate the pump and dump so he can off load this for a profit, which given the irrational desire for this variety I have no doubt he will. Your post shows a fair amount of misinformation about cleaning, grading, and pricing of coins. Yes one doesn't expect to see luster at the lower circulated grades, but that is from circulation not from a chemical bath. And this nonsense that vinegar only removes tarnish is just that nonsense, toning is bonded to the surface of the coin it cannot just be washed away. When you use chemicals to remove toning (or whatever you removed with your vinegar bath) you will also remove some of the surface metal. Your photos obviously show that the coin's surfaces are unnatural and only Joe's basement slabbing service is going to miss or disregard that. Your prices would be in the ballpark for an unimpaired example, but not for a details graded example which will sell for far less to any knowledgeable collector. And in fact your entire posts have been all about advocating for cleaning coins.
  4. I agree with Sandon, your new coin shows signs of an aggressive cleaning which has started to pick up some light secondary tone. The Capped Bust series in general is one that has over the years been subjected to lots of abuse, doctoring, and cleanings by both collectors and dealers looking to "improve" these coins to increase their sales value. As such the TPG's are somewhat lenient (too much so imo) in today's grading room, having said that, I suspect that this coin would not receive a straight grade and is not a good candidate for grading and slabbing.
  5. I'm happy for you that your set is back in the #1 spot, I cannot say that I'm all that excited with NGC doing away with the CAC points. If you think about it the NGC registry system basically equates points to market values, so the bonus points were actually a reasonable adjustment to how the market values CAC approved coins. But it's all just politics at this point.
  6. I have one in this stack on my desk, I'll be happy to send it to you. Has some lite wear and a couple scratches in the obv field that don't show in this photo. Not a seller example but a good filler until you find a better example.
  7. Special is a somewhat subjective term, to me there is nothing "special" about this coin. Much like the floating roof Lincoln memorial cents this is just a product of an overused die which has been the recipient of the good old pump and dump. somewhere along the way some dealer(s) promoted the heck out of this so that they could market and sell what is essentially worth very little over face value for a premium. Your example looks to have VF details but the surfaces do not look at all original and I have doubts that it would receive a straight grade.
  8. Unfortunately it appears to be an ex-jewelry piece or had a mount removed, notice how the edge and denticles are crimped above the bust. If NGC were to come to that conclusion it would not be eligible for a numeric grade and would only receive a details grade. I suspect that is why it was in the grab bag in the first place.
  9. Welcome to the forum, it is impossible to answer your question without some photos. In general I would say it's not worth the cost to myself personally, but it really comes down to why you want it slabbed.
  10. I would be genuinely interested in seeing photos of one or two of the errors that you found and sold.
  11. Draped and capped type coins are tough as so many have been abused or messed with. Some will consider me a bit of a coin snob in some ways as I dislike lower circulated grades and damaged coins. I can appreciate the history those coins represent, and why many collectors like those coins, the places those coins have been and stories they could tell. But I just don't enjoy owning or viewing coins under the grade of XF most of the time. When I'm looking for seated or earlier type coins I appreciate a CAC sticker as I know I have not seen and cannot be an expert in every series. Knowing that the coin has been seen by one of the very best set of eyes in the industry is helpful. That doesn't mean I like every CAC beaned coin, but it does add some reassurance and helps to avoid problem coins. Originality and eye appeal are the key points when looking at circulated 18th century coinage. These are the factors that are the most important for me when deciding between two or more coins of the same grade.
  12. While you make some good points and I agree that (imo) the forum format facilitates discussion vs photo sharing. I can also see how the mycollect site with its specific groups could make networking easier for those really focused on only one area of numismatics, just as Neo mentioned above. Everything has its positives and negatives.
  13. Everyone has to decide for themselves what price to put on whatever ethics and morals they may have. Personally I put a higher value than a few bucks on mine, but I think I'm more the anomaly than the norm in today's world.
  14. Maybe, maybe not Ian, I certainly could be jumping to conclusions. But I've watched several of the members of your new site while a member of this and other coin forums over the past 20+ years. So, while they may not be doing those things now while the site is in startup mode, some of those individuals have been less than accepting of forum members who don't align with their beliefs and thinking. Tigers don't change their stripes, I'll bet that most will return to how they have acted towards anyone that they disagree with. Especially as they now have power over the group they have started in a way they don't have in a forum setting. I get that my comments sound very negative about your new site, I'm not trying to be. I also get that this IG, FB style format is one younger collectors have come to appreciate so it makes sense that you and your team set the site up with this format. But I truly dislike the format, it's designed to segregate, fragment, and compartmentalize the community. Plus it is a total time suck as you have to review each group, then scroll down to see what is happening, it just isn't a format that I like. The forum format like here and PCGS is far easier to view, I can quickly scan the threads and read those that interest me, simple and easy. I also dislike that many, well over half in some groups, of the posts are dealers spamming coins they are selling instead of using a central selling group. But again even if you can stop the spamming and get all that into a central selling place the need to scroll endlessly to see what is for sale, ugh. I'm sure it will be successful and I wish you well with the site, it's just not for me. I'm not interested in likes and followers, for those who enjoy that your site will be very enjoyable.
  15. Welcome to the forum, I'm afraid you have been misinformed or mislead about what is rare or valuable. I've been collecting Lincoln cents for 40+ years and I wouldn't pay anything more than face for your coin. What Bob wrote above is correct, the mint extends the life of dies by reconditioning and polishing them. That can result in some loss of fine details like the roof uprights. The missing initials could be from that or a filled die due to grease. Neither of these things is rare or valuable, unfortunately less scrupulous types of dealers and collectors have hyped these as something of importance and equally unfortunate is that newer collectors have at times bought into the hype. As a result you might be able to sell this coin on sites like eBay or social media for a few bucks assuming you can sleep at night doing so.
  16. That is the question, unfortunately there has been no clarification from either NGC, PCGS, or CAC as to what or where the issue is. There are threads on all three forums on this problem with nary a peep about what or where the problem is. You are correct that any individual can do a cert lookup on the CAC website, so why not the TPG's. There has been speculation that the problem lies with the recent website name change at CAC, however, that domain name change would be a very simple programmer fix, something any entry level programmer could do in a very short amount of time. So is it as simple as allocating the few minutes to change a line or two of code at the TPG end; or is there something else going on. The continued silence by all parties is rather frustrating and only leads to more speculation.
  17. Sadly cash is almost dead as a medium of exchange, everyone wants electrons now.
  18. I would not get your hopes up, these are not going to be found in circulation. The few that are known were most likely made by a moonlight mint employee and smuggled out of the mint. Yes small date. but look at the damage to the rim and bottom of the bust, notice the silver color, that is the zinc showing.
  19. I believe that JP is correct that looks to be a long linear plating bubble. I guess there are some people that are willing to part with their hard-earned money for something as minor as a die crack with a cutesy name like spike head, I sure am glad that I am not among them.