Coinbuf

I reached this point with my collecting in 2017 when I bought the final coins to complete the 09-58 Lincoln set, although in my case that had nothing to do with my work life nor do I think my retirement will have any real impact on my collecting goals. I spent a year or so kind of in limbo as I really had/have no strong desire to spend much on the memorial cents (I really have never been a fan of the design), and was unsure what I wanted to do numismatically. Ultimately I decided that while I would not make it a priority I have been slowly filling in the empty memorial slots and working to have a complete Lincoln set 09-current. I may never actually finish that because I'm not willing to pay big dollars for the MS68 modern shield and memorial coins and at the same time I'm not willing to pay for MS67 or lower coins in holders as that seems like I'm paying a lot just for the plastic. I also looked thru the registry to see if there were any type sets that would interest me but not be overly expensive, a large number of coins, or exceptionally difficult coins to find. From that review I found a couple of type sets that I already had a few of the coins and so I started looking for the coins I need to complete. That is how I redirected and refocused my collecting goals, I was able to finish one of those small type sets just last month, a three coin type set of gold dollars, when I bought a type II to go with my type I and type III coins. Keep in mind that my experience and ramblings here are biased on being a set collector and not a "box of 20" kind of collector. I think that once I reach a point of retirement that I would like to spend more time on research, photography, and enjoying the coins I have and perhaps less time and money on acquisitions, but I'll cross that bridge in five years or so.

Nice to see the thread getting some action.

Time for some gold!

Just don't tell him about the grade or he will be raising his prices on you!

Congrats, I was not thinking as high as AU55 from the photos but it must be better in-hand.

This could be indeed correct, I just cannot find anything that explains it. I thought it was on post count, but I see that Larry has fewer posts but is 11/14, so it is not solely on post count.

Just a guess but NGC may not have anything to do with it, could be a feature that was automatically added by the software developer.

Somebody needs to check the scores again then because I set the curve on the quiz.

I just noticed this today, do not recall seeing this yesterday when I stopped by the forum. I cannot click on the symbol but when you hover over it you see a number mine is 10/14, anyone know what the 14 stands for? It does not seem to corollate to the days won metric or anything else on my profile page that I see.

Welcome to the forum, and I hope you have great results with your NGC submission. I doubt that many here can answer your question as it is impossible to guess how long the shipment will be in customs. Once it clears customs it should get to NGC and be logged into the system without much delay, for US submissions the submitter receives an email that the shipment is at NGC and logged into the system. Under your situation I'm not sure if you will or will not receive any notification.

Purchased this v=from one of the PCGS forum members, this type II completed my AU graded three coin gold dollar type set on the PCGS registry, I already had the type I and type III. For those who don't know, the type II was only produced from 1854 to 1856. Only have the sellers photo for now.

Well I'm not a dealer either so my thoughts are biased on my observations at shows in the past and conversations with dealers. there are situations where a dealer might be willing to accept a lower profit to ensure a sale. Take this time of year, perhaps said dealer just paid a big tax bill and is in a cash poor situation. It might make sense to take the sure sale to another dealer at a price closer to cost than risk not selling that coin at all, the old bird in the hand thing. Also, if a dealer is buying for a well heeled customer he may have a "blank check" and can afford to pay close to retail and still mark up the coin to sell to his customer. Just a couple of thoughts on how these dealer-to-dealer sales can still benefit both dealers even if the sale is close to a retail figure.

As a collector I agree with you, but dealers are not guaranteed sales to the public at a show. So, if on Wednesday the other dealers buy up say 50% of the items in your case that they put away to fill want list items for their customers and you are making a decent percentage profit on those sales, you are likely to sell then rather than wait and hope to sell 10% of those items to the public at a slightly higher markup. The thing that I really hate is that this trading between the dealers just drives up the cost of coins for no real benefit except to the three or four dealers who act as middlemen before the coin gets to a collector. Again, I don't like how this works and I think the average collectors are the ones getting the shaft at shows because of this dealer to dealer action, but this is the way it has worked for decades. It is just one of the reasons why I don't see shows as all that important for many collectors. The one aspect of shows that is advantageous for collectors is the ability to forge relationships with other collectors and dealers, and the opportunity for young collectors to view a massive amount of coins in one place. Shows are a great place to hone your grading skills and really understand just how truly common most coins, even those key dates, are. It is possible to find a coin you have been searching for at a show that you may not see on-line or at an auction due to the sheer number of dealers that you may not even know exist. That was the case for me at the Phx ANA, the one coin I bought there was from a fellow I do not recall having seen before at other shows like Long Beach and would not have known about if I hadn't gone to that show. But I see those as the exceptions rather than the rule. Edited to add: What I have written may come off as very anti dealer, and in some ways I am. However, my collection is better today through the connections and efforts of a few dealers, so I do understand and value what a dealer can bring to the table, but I also understand the negatives of the business side of numismatics.

So you are too lazy to do your own research, show up here for free help and then blast anyone who replies. Well here is the good news, I'll be placing you on ignore from now on so you will not have to be bothered to receive any help from me in the future. If you are as nasty to others in person as you are to people on this forum you are in for a very lonely and miserable life.

I did not attend the show, however, from the glowing reports on the PCGS forum your situation seems to be in the minority. Having said that, I'm always wondering if some of the show reports are somewhat slanted on purpose. What day(s) did you go? From my experience going to multi-day shows so much of the material is bought up by the dealers and whales before the public even has an opportunity to set foot on the bourse floor. And dealers leaving early is certainly nothing new, those who really only cater to the deep pocket collectors have little incentive to stay. Those dealers get all the buying and selling they expect to do in the first day or two and bail, and there is really nothing the show promoter can do about it. If the promoter actually tried to penalize those who leave early the next show would be a ghost town as so many dealers would boycott in protest.

Did you check VAM world to see if this is a match for a known VAM? There are a bunch of VAM's for this date so I'll let you do the work to identify the VAM. Unfortunately the coin is ruined as it has been harshly cleaned.

Not only ebay but facebook, instagram, and other selling and social media sites, it is a major plague on the hobby currently.

No that is not correct, it can be down graded, in that instance the NGC Guarantee would come into play. Here is the full explanation of regrade that is available on the NGC website.

I am quite sure that is a counterfeit.

What you have is known as the poor mans double die, when originally "found" this was hyped up and sold to unsuspecting buyers as a real doubled die coin. Unfortunately, this is as @Just Bob correctly noted, the result of a die used too long and suffers from severe die erosion.

Ok thats cool, in case you are not aware of the site, error-ref.com has lots of great information about real and the not so real errors. Might help you in identifying something you come across in the future. Error-ref

Obvious machine doubling from what I see in the photos. Please don't take this as harsh and I'm not judging you, but what is the point of searching rolls if you cannot identify what you see or "find".

My answer would depend on the price and motivation, if I were able to acquire said coins close to spot prices as a bullion buy then I might. If the prices were for collector grades well above spot silver then I would run for the hills.

Looks XF grade wise to me, but the damage would be an automatic pass for me.