Coinbuf

Damaged coin, what is known as a "vise job" Two, or perhaps three coins were squeezed together in an attempt to create a fake error.

Just curious, how is it that you "just stumbled on it an hour ago" yet have had time to take it to an appraiser.

If you are not aware, representatives o NGC do not typically reply to inquiries in this section of the forum. If you want an answer from an NCG representative you should post your question in the "ask NGC" section. I do not collect world coins so I don't know if NGC has or will grade tis specific coin, hopefully another forum member has the information to help you.

No I did not say that or imply that, I said please tell me any dealer or bullion operation that is selling AU dets $2 1/2 gold coins for melt values, I don't know of a single one that is selling any gold coin for melt. There is a big difference between melt and spot and theory and reality, in theory a junk gold coin should sell for melt, but the reality of this market is that those coins actually sell close spot even though most are less than 100% pure gold content. I am well aware where to fine melt values, you do not need to lecture to me on this. What you seem to not understand is how impaired gold is currently traded in this market, nobody that I have seen or know of is buying or selling cleaned or ex jewelry coins for melt, that is just not true. Impaired gold coins sell at or near spot, yes it is true that most classic gold coins are 90 or 92% gold and thus should sell at a discount to spot. But that is not the reality of this market, stackers are more than willing to pay prices that are above melt and close to spot for impaired coins and unimpaired coins that grade less than MS63/MS64 depending on the spot price. As I noted in my reply to GF the rise in spot gold price has compressed the premium of coins that grade less than MS64, here is a section of Gerry Fortin's blog where he discusses this. Here is an example of what most sellers are asking for impaired gold, this is copied from a facebook group that if for classic gold only this was posted just one hour ago. This particular coin is a common date $10 piece but as you can see this is priced above melt which as of now would be almost $1,060 for a Liberty head eagle. Here is another post in that group from one day ago selling common date unimpaired AUish $2 1/2 Indians (there actually is a 25-D in this group he is selling), for $390 ea, well below your $500 estimate. And one more, in this case another 25-D $2 1/2 posted yesterday selling for well above melt but in this case below spot, which is somewhat unusual. @Sandon please do not lecture to me on something that you seem unfamiliar with, none of the examples I have provided to you are atypical of what I see every day. I follow this and other gold groups and sites and am quite familiar with how both unimpaired and impaired gold is being priced in this current market. However, and again, if you know of a source that is selling details gold $1 or $2 1/2 for melt values ($1 gold is $106 and $2 1/2 is at $262 as I type this) I'm all ears and would love to purchase some at melt prices.

No, strike doubling only.

That guess the grade thing actually started sometime in January not last week, I remember reading lots of posts in the later part of Jan on the PCGS forum on how members were doing with their guesses and some frustrations with the game itself back when it did start. I haven't read a thread on that forum about mycollect for some time now, I think that after the novelty of the game wore off many quit playing it, or at least quit posting about it.

Not for me, I looked into it when it was launched but have never become a member and have no plans to. I truly dislike the format of the site, and so far it's mostly just a big photo sharing platform. The few times I looked at any of the chat areas most were being bombarded by internet only vest pocket type dealers, turned me off right away.

Strike doubling not a DDR.

yes that is a plating bubble under the nose. No not an error.

Damaged, a grease fill would not affect the rim

@Sandon please post any dealer or bullion operation that is selling impaired AU dets quarter eagles for $260, I would love to load up at that price as that would be significantly under spot. The term "a rising tide lifts all boats" is in full effect with the rising spot price, I'm not sure that you could even buy half a coin at $260 today.

Yes and no, currently no because the spot price of gold is at all-time highs coins that have issues or are impaired in some way (like ex jewelry coins) are selling for the same prices as unimpaired coins that grade in the AU range. Your coin would have to grade in MS64 or better to rise above the current spot gold price which today was around $2,162 per ounce. The only real difference is it can be easier to sell an unimpaired coin to a coin collector who may not want such an impaired coin. Most dealers would sell this for spot + 5%, they would buy it at spot - 5%. Yes if, and this is a big if, in the future should the spot price of gold retreat, that is when you could see a difference in value for your ex jewelry coin vs an unimpaired AU coin.

Welcome (back) to collecting coins, without knowing what you actually have it is not possible to fully answer your question on storage. Obviously the more valuable a coin is better storage would be preferable over banging around in a mason jar. On the other hand if what you have is mostly circulated coins from pocket change then at least until you have the time to properly review them your mason jars are likely fine for the time being. I suggest that you purchase the "guide book to United States coins" often referred to as the red book. This has lot of information on each coin the US mint has ever made and will be very helpful to you when you have the time to tackle going thru your mason jars of coins. The valuations in the book are usually not super relevant as the market is fluid and changes often, but it will help you to identify if you have any coins that might have higher values from the rest.

Welcome tot he forum, in the future it is advisable to start your own new thread rather than pull up an old one, it can get confusing. If you want to reference the old thread that you feel is relevant you can always provide a link to the old thread in your new one. Your 1884-O Morgan dollar is heavily worn, so well-worn that it is impossible to say if the mintmark was filled at one time or it came to have this look due to the smoothing of the coin from its extensive time in circulation.

Your coin appears to have significant die deterioration, the anomaly you see is related to that and not an RPM.

Its worth the face value of 1 cent. In 2009 the mint produced four versions of the Lincoln cent to celebrate the 100 year anniversary of the Lincoln cent which was first produced in 1909. Each design was meant to portray a portion of Lincon's life, the design you have is called The Professional Life.

Looks like a damaged coin, worth less than 25 cents. Welcome to the forum.

You can read Kurt's short and colorful reason he is no longer a national volunteer for yourself.

Would you be expecting a balanced nonbiased account of the meeting from the recently ousted Kurt.

From your opening post it seemed like you were in attendance. I am not there and haven't seem or heard any of the meeting. Hopefully someone can add more to the story.

So that's all we get, a teaser and a comment with no refrence to context or content?

There isn't any such thing as "toning error", just simple exposure to the elements.

The only thing it could be is a strike through, but from your photos it looks more like a scratch to me.

Impossible to answer without knowing what you mean by "box". Can you post a photo of not of these sets/boxes?

Your question is not clear, do you want to put your coins into and participate in the NGC registry? Is that what you mean by registering? If this not what you're asking for then I have no clue what you are asking about. If you wish to participate in the NGC registry then yes you will have no choice but to spend a considerable amount of money and submit your coins to NGC for grading, there is no way around this. I would strongly suggest that you do some serious research into the value of your coins as they are and what they would be worth as an NGC certified coin. You might find that it is financially unreasonable to have all your coin graded.