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Coinbuf

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Everything posted by Coinbuf

  1. I think you missed the point of the thread, the op is not concerned about how to liquidate, I'm sure he has that covered as many of us do. But rather what to do next, which could include a liquidation of coins or might be a new direction within the hobby and not selling.
  2. Welcome to the forum, what you are asking for cannot be done in the competitive registry as only one coin can occupy each slot. You can have multiple coins for each slot in your inventory and you have the choice of which coin to display for each slot, but only one coin per slot. Your options are to start both an FBL set and a non FBL set as seen below, the only issue with this solution is that I believe the non FBL set does not have the varieties as part of the set design. Or you can start a custom registry set, a custom set can be defined anyway you choose and can have any number of slots you want. So in a custom set you can display both types, FBL and non together in the same set. These sets are not part of the competitive registry and are located on the old NGC registry system which can be found at www.collectors-society.com. In my sig line I have a link to my custom set if you want to see what it can look like.
  3. Agree to disagree, I have listened to JA speak on this in interviews and the 1 1/2 grade disparity is what he has said. And that makes total sense if you think about it, how many times have you seen a coin with a green bean get upgraded and then get a green bean again. That shows that he still likes it at one grade higher than the previous lower grade but did not feel it was worthy of a gold (i.e. 1 1/2 grades under graded) at the previous grade. I also think that if anyone is being honest there would be far more gold beans awarded if it only needed to be solid at the next grade up.
  4. Not to burst your bubble, but dealers buy from each other at every show before the public has an opportunity to step in the show, that includes FUN. A lot of this action happens on dealer setup day, having the early bird access helps but this dealer to dealer buying has been the norm for ever. I'm not trying to dissuade you from going to FUN, I have never been myself but from talking to other collectors the JAN FUN show seems to be the biggest show of the year. So even with all that dealer buying you may still have opportunities that you did not have at CSNS. If I were going to travel for only one show a year, that is the show I would put at the top of my list to see.
  5. From what I have read JA gives a gold to a coin he feels is at least 1 1/2 grades higher than the current grade. As to percentage that is rather meaningless in an overall sense because the percentage changes, sometimes greatly, by the type of coin and the grade. It is much easier to be awarded a gold bean on a low MS coin vs say a coin currently graded as MS67. And in general copper and gold coins seem to get less beans as a percentage than say merc dimes, the last time I checked there were under 10 gold beans awarded in Lincoln cents, and most of those were on MS65 graded coins. Some of that could be selection bias, who would want to send in MS65 Lincolns (sans key dates) the risk reward was not worth it in the past.
  6. Just some food for thought, coins that spend time in the ground can be affected by the acidity of the soil. As you bought this from a farmers estate it is entirely likely that he recovered it from underground. Nobody is accusing you or anyone else of cleaning the coin, only that it has a look of a dipped coin which it could have obtained from something other than a dip. Tou have a cool coin and it is amazing to see what is still out there in the wild hiding in tin cans.
  7. Welcome to the forum, you have a very nice example of this date and mm Morgan dollar, from your photos It seems to grade MS64 at a minimum. My reply to your question would be what are your plans or goals for this coin? If you want to sell it on a retail platform like Ebay or the like then getting it graded and slabbed by a reputable TPG like NGC may help make the coin easier to sell and bring more bidders and a higher value vs selling raw. If your goal is to keep the coin then there is no rush or even any need to spend the funds to have it graded, there are multiple products that will protect the coin just as well as a TPG slab at a fraction of the cost. If your reason to have it graded has no financial aspect then the costs to grade may not be a part of your decision, and that is fine also. Best of luck with whichever choice you choose and enjoy the coin.
  8. I just posted a pic in the follow the lead thread, no problem.
  9. Well first let's begin with getting the facts straight, starting with the proper definition of what each stands for. A green bean is awarded for coins that are (this is directly from the CAC website) "solid or premium quality for their assigned grade". From the PCGS website; "Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade". From the NGC website; "NGC assigns a + to coins at the high end of their assigned grade, approaching the quality requirements for the next grade". So, as we can see none of the three services define the same or are completely aligned or equal when it comes to a + grade and/or a CAC green bean. Also let us set the record straight on the timeline, I do not recall exactly when CAC first started but I believe it was in 2007, perhaps 2008. I do know that CAC opened up submission opportunities to collectors in 2010 and had been in business for a few years prior to allowing collectors to submit. Both PCGS and NGC started plus grading in March of 2010, so actually the plus grading was a response to CAC and came about after CAC had begun operations. As to the differences, well that is more about different ideologies and concepts of quality than a written in stone standard or policy. A green bean is given to a coin that JA feels is solid or high end for the grade, where the TPG's tend to give plus grades to coins they feel are on the verge of the next grade (what CAC would call premium quality) or in the eyes of the graders meet some nebulous feeling of exceptional eye appeal. But when you consider that you see green beans on non plus graded coins that makes sense, JA has decided that coin is at a minimum solid for the grade, it may not be exceptional, but at least solid. And from the definitions from the TPG websites both say they have a higher bar than just solid for the grade thus no plus, at least at the time of that grading event. And there is yet a third component to the CAC green bean, initially the point of the green bean was for JA to bean those coins he felt met the criteria of coins he wanted to make a market in so that when those coins came to auction he could easily identify them. Often I read or hear someone say they don't understand why this or that coin got a bean as it is of inferior quality in their eyes. I get that, but it is just possible that some coins are given a bean simply because JA would like to be a buyer of that coin, here I'm thinking of some of the more rare and seldom seen coins. Not rare in the sense of the 1913 nickel, but civil war date coins where the mintages are very low as are the surviving populations. Keeping in mind that this was the core reason that CAC was started can be helpful in understanding why we might perceive differences that we cannot explain.
  10. The + only means that the TPG believes it is of superior quality, not CAC. Believe it or not there are + and * graded coins that have failed to receive a bean from CAC, and regardless of any one individual's opinion on CAC the market values that little green bean more than any TPG grade add on most of the time.
  11. This is incorrect, in both the coinfacts and pop database PCGS breaks out the + population from the non + population for each grade. I am unsure why you find this "goofy" or feel that it defeats the sticker. CAC has said all along that they do not take the + into consideration, so a green bean is awarded on the whole grade not the +.
  12. You can always send the coin to NCS for evaluation, if they feel that the best course of action is to do nothing that is what they will do. Fair warning, should NCS decide to go ahead with conservation and you do not like the look after there is no going back.
  13. That is not natural luster, no coin that is so well worn will retain any true luster across the entire surface.
  14. No worries, as I suspected I see no errors on the coins you posted. Most have plating blisters which is super common on the zinc core copper plated cents in use since 1982. A few of the coins show some split plating, again not an error just a product of the minting process of a plated coin, a few ridge rings, a sign of a worn out die and again not an error, and just plain old damage. As @Sandon posted above you can use the modern tier to submit these coins but you will not be happy with the results as you will spend hundreds of dollars to get back coin that are worth literally pennies. I wish there was an easier way to break that news to you but the simple truth is the best way I know how. Keep looking there are real errors out there, I suggest that you study up on errors are error-ref.com. That site has loads of great information on what is a real error vs what is not with good photos. Error-Ref.com
  15. Can you post photos of a couple of the coins and explain what you see or what you think is mis struck. While not impossible the odds of someone new to coin collecting finding twenty error coins in the date range you say are not good. The ods are much higher that you do not have true errors and have mis identified these coins.
  16. No not incuse, but the relief of little Lincoln is lower than the columns so it is conceivable that detail could be lost due to over polishing. The photos are not sufficient but I cannot rule out the possibility of alteration also.
  17. Why would you want to submit forms. Sorry I could not resist, we would need more information to give you any help. The choice of tier depends on the speed of service you want as well as the value of the items you are planning to have graded.
  18. Ok, sorry I wasn't understanding what your question was with regard to the grade. As to going to a show, as @Sandon said the prices are hopelessly outdated in the redbook, so you need to do your research prior to going. Identify those varieties that you want to locate and use the online resources, like the NGC explorer or the PCGS coinfacts, to see the recent pricing. The other option for a printed resource is to pay for a graysheet, however, do not be surprised if many prices at a show are above graysheet prices. While you are at the show and at a table going thru a dealers inventory the worst thing you could do is pull out the redbook and start flipping pages, the dealer will know for sure that you are trying to cherrypick him and may even tell you to leave the table. For sure if you do try and buy something he will take a very close look at what you are interested in to see if he missed something. Know in advance what you're looking for and the PUPs (pick up points), if you are unsure then either buy it and hope you are correct or leave and go to another area of the show before checking your redbook, once confirmed you can return and buy it
  19. I am not familiar with that label, most likely it was done as a special promotion for a television seller or some type of promotion. I do not understand your question on the grade, MS64 is the grade given the coin by the PCGS grading staff, why does this seem unusual to you? The 70 point Sheldon scale, which includes all the MS grades from MS70 to MS60, has been in use by all the grading services for decades.
  20. Lincoln inside the memorial is the lowest point in the design, thus the highest point on the die. I believe that Bob is correct, not only are the initials weak, but the lettering also looks shallow from an over polished die.
  21. Yes I normally surf the internet on my laptop PC, I cannot see these when viewing the forum on my phone.