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Coinbuf

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  1. Like
    Coinbuf got a reaction from Iceman in "Great Coins" vs "Bad Coins" - a Neophyte Definition   
    I think your logic is sound, I prefer to think of it as a bad buy or a good buy, which again is very subjective and may not be the same for each collector.   As an example when I was younger I used to buy lots of "stuff", just random coins and proof/mint sets many of which were found on the old time bid boards at coin shops.  Not bad coins or even overpriced but the randomness of the buys lacked focus and now even today I still have many of those coins just laying around in boxes and bins with no home for them.   Even today I still fall victim to the "buy the shiny coin" syndrome every now and then no matter how much I try and stay disciplined.
    However there are many collectors that enjoy collecting in this way and I'm sure that I have offended a few peeps over time with what may have been perceived as a flippant comment which I did not mean that way but came across that way.
    Copper coins are tough to categorize due to the reactive nature of copper and the threshold each collector has for the different color designations.   A red coin to one may be thought of as red/brown to many others, and so on.   Tarnish on coins creates vast differences in reactions from each collector, it is what makes collecting both interesting and conversely difficult.
  2. Like
    Coinbuf reacted to The Neophyte Numismatist in "Great Coins" vs "Bad Coins" - a Neophyte Definition   
    I think this is a much better way to describe it.  I made this post because I whitnessed a reaction (or two) to me calling coins "bad".  I know I made another collector (or two) feel bad about their coins (and I was not talking about their coins).  That makes me feel bad.  
    I never want to be "that guy" who puts-down another collector's coins.  I want to be a collector that encourages others at every level of this hobby.  I cringe when I hear collectors say, "The hobby is not getting the traction from the younger people because of iPhones/Video Games." But, then see that same collector shred a newer collector that is excited about finding a coin in change.  I am not saying that we should delude or pacify people, but I have seen where seasoned/expert collectors (knowingly or unknowlingly) have turned newbies away from the hobby by making very direct, and sometimes pointed comments toward collectors that really don't know and are just starting out.
    Therefore - I was hoping that my explanation of "good" vs "bad" would help any others I encountered and maybe got a bad taste from me.  I can assure you that I am only talking about "good for the grade" in my own personal collecting strategy.  
    Again - I apologize to anyone who may have felt bad a a results of my words.  I should have said the coins were a "bad deal" for me, and not that the coin itself is "bad".
  3. Like
    Coinbuf got a reaction from Revenant in "Great Coins" vs "Bad Coins" - a Neophyte Definition   
    I think your logic is sound, I prefer to think of it as a bad buy or a good buy, which again is very subjective and may not be the same for each collector.   As an example when I was younger I used to buy lots of "stuff", just random coins and proof/mint sets many of which were found on the old time bid boards at coin shops.  Not bad coins or even overpriced but the randomness of the buys lacked focus and now even today I still have many of those coins just laying around in boxes and bins with no home for them.   Even today I still fall victim to the "buy the shiny coin" syndrome every now and then no matter how much I try and stay disciplined.
    However there are many collectors that enjoy collecting in this way and I'm sure that I have offended a few peeps over time with what may have been perceived as a flippant comment which I did not mean that way but came across that way.
    Copper coins are tough to categorize due to the reactive nature of copper and the threshold each collector has for the different color designations.   A red coin to one may be thought of as red/brown to many others, and so on.   Tarnish on coins creates vast differences in reactions from each collector, it is what makes collecting both interesting and conversely difficult.
  4. Like
    Coinbuf reacted to coinsbygary in "Great Coins" vs "Bad Coins" - a Neophyte Definition   
    Early red copper coins are extremely rare. I think that many people who buy these coins, buy them because they garner the most points in their registry sets. An early copper coin can have a red surface, and a technical grade of 67, but have poor eye appeal. People sometimes overlook poor eye appeal to own a technical grade simply for registry purposes. This is not to say all early coppers graded red MS-67 have poor eye appeal but for my money I prefer the same MS-67 in brown and red/brown. I have a friend who will not own any early coppers but brown. Any Indian Head Cents other than brown or red/brown, and only accept some Lincoln Cents as red. He says, based on the reactive nature of copper, older coins in red and red/brown look unnatural. I can't argue that. I own a very attractively toned brown 1835 MS-63 half-cent that I'll put up against most higher graded red/browns and reds of the same type,
     

  5. Like
    Coinbuf reacted to Revenant in "Great Coins" vs "Bad Coins" - a Neophyte Definition   
    I think a type set in PR01 could be pretty awesome and cool in its own way, but coins that bad are only graded when the coin is super rare and valuable. So someone wanting a super-low grade set like that would have to get many of the coins graded themselves, which would make it expensive and so I don't know how many people would undertake it, no matter how much I would think that would be cool and look at that and think, "Darn, that's neat."
    But I think it's unavoidable here that any coin that is going to be too low in grade to make back its grading fees and / or be competitive in the registry is going to be thought of as a "bad coin" because part of being here is usually going to be wanting to be competitive here. The custom / signature sets and the things that are undertaken for "style points" are of course an exception.
  6. Like
    Coinbuf got a reaction from Iceman in NGC was fast on the plaques this year and I've completed my pair   
    Congrats, I was surprised that the awards showed up this early, was expecting another month or so from what I had read in past years.
  7. Like
    Coinbuf reacted to Revenant in NGC was fast on the plaques this year and I've completed my pair   
    They seem to just be getting faster and better over time. I waited much longer in 2008 / 2011 if I remember right and they were sending out fewer awards back then.
  8. Like
    Coinbuf got a reaction from Revenant in NGC was fast on the plaques this year and I've completed my pair   
    Congrats, I was surprised that the awards showed up this early, was expecting another month or so from what I had read in past years.
  9. Like
    Coinbuf got a reaction from Lem E in I finally have a number one Lincoln cent set!!   
    Sounds like you have a solid plan for your Rossie set, nothing wrong from making a few mistakes as long as you learn from them.   
    As to getting back to the #1 slot for my Lincoln set, that is highly unlikely, the guy in front of my now has been spending a ton of money over the past year.   He went from well down the list to having sets that rank #1 to #3 depending on which Lincoln set category you look at.    He now is in the #2 spot in the most popular and competitive category, 1909 to current with varieties Lincoln set (my set is #6 in that category).  If I had to guess I'd say that the coins he added to his Lincoln sets would have cost at least $30,000 just in the past year and the #1 set is still 200,000 points above his.   I don't have the money to keep up with that kind of spending, not even close.   In this category his top spot set is over 100,000 points ahead of me in the score, that would require me to spend at least $25,000 (likely more) to just catch up.   Not going to happen as I don't have that type of cheddar to spend.   And even if I did have the funds I'm not sure that I would want to, I like most of the coins in my set just as is.   There are really only five or six that I would say I made a bad choice on and would like to upgrade the look or eye appeal of.
    I always kept the registry in perspective, it's fun and interesting but not a priority in my collection or my life so I don't overspend myself trying to win awards; well except for one set that I do want to retain the top spot if possible.   I am ecstatic with my best presented win this year, that is a way for those of us that do not have unlimited funds to have fun with the registry and compete on a playing field that is not completely dependent on how much we spend.   More than one way to enjoy the registry, even if I had never won a single award I would have been satisfied with my sets for what they represent, just an average guy having fun buying the best looking coins I can afford.
  10. Like
    Coinbuf reacted to Hoghead515 in I finally have a number one Lincoln cent set!!   
    Thats exactly the same way I am. Im more of a collector than a competitor. Its way out of my budget trying to compete. I enjoy putting my sets in the registry to display them and it helps set a goal for me. To complete a set it helps me keep up with what I need. I enjoy looking at all the other peoples sets also. $60 is big money for a coin for me. I wasnt smart enough to get a good job when I was younger and my budget is very low. Some coins I gave around $150 to $200 but it was when the weather was good and I would put back 20 or 30 out of each check if I had it until I saved up for one. Thats why its taking me so long to complete my set. All this trouble and bad weather has put a hurting on me and I aint been able to get none for a couple months but soon as it clears up and I get back to working everyday Im gonna start on those rosies. Im really wanting to do a full torch set. Im also wanting to do an SMS cameo set also. Not sure what year yet. I been looking and I may be able to afford a lower grade one. 
  11. Like
    Coinbuf got a reaction from Primus fan in I finally have a number one Lincoln cent set!!   
    Forgot all about this journal entry,  As expected my number one spot did not last very long, still fun for the little time that I had the crown.  
  12. Like
    Coinbuf got a reaction from Primus fan in I finally have a number one Lincoln cent set!!   
    Sounds like you have a solid plan for your Rossie set, nothing wrong from making a few mistakes as long as you learn from them.   
    As to getting back to the #1 slot for my Lincoln set, that is highly unlikely, the guy in front of my now has been spending a ton of money over the past year.   He went from well down the list to having sets that rank #1 to #3 depending on which Lincoln set category you look at.    He now is in the #2 spot in the most popular and competitive category, 1909 to current with varieties Lincoln set (my set is #6 in that category).  If I had to guess I'd say that the coins he added to his Lincoln sets would have cost at least $30,000 just in the past year and the #1 set is still 200,000 points above his.   I don't have the money to keep up with that kind of spending, not even close.   In this category his top spot set is over 100,000 points ahead of me in the score, that would require me to spend at least $25,000 (likely more) to just catch up.   Not going to happen as I don't have that type of cheddar to spend.   And even if I did have the funds I'm not sure that I would want to, I like most of the coins in my set just as is.   There are really only five or six that I would say I made a bad choice on and would like to upgrade the look or eye appeal of.
    I always kept the registry in perspective, it's fun and interesting but not a priority in my collection or my life so I don't overspend myself trying to win awards; well except for one set that I do want to retain the top spot if possible.   I am ecstatic with my best presented win this year, that is a way for those of us that do not have unlimited funds to have fun with the registry and compete on a playing field that is not completely dependent on how much we spend.   More than one way to enjoy the registry, even if I had never won a single award I would have been satisfied with my sets for what they represent, just an average guy having fun buying the best looking coins I can afford.
  13. Like
    Coinbuf got a reaction from Hoghead515 in I finally have a number one Lincoln cent set!!   
    Sounds like you have a solid plan for your Rossie set, nothing wrong from making a few mistakes as long as you learn from them.   
    As to getting back to the #1 slot for my Lincoln set, that is highly unlikely, the guy in front of my now has been spending a ton of money over the past year.   He went from well down the list to having sets that rank #1 to #3 depending on which Lincoln set category you look at.    He now is in the #2 spot in the most popular and competitive category, 1909 to current with varieties Lincoln set (my set is #6 in that category).  If I had to guess I'd say that the coins he added to his Lincoln sets would have cost at least $30,000 just in the past year and the #1 set is still 200,000 points above his.   I don't have the money to keep up with that kind of spending, not even close.   In this category his top spot set is over 100,000 points ahead of me in the score, that would require me to spend at least $25,000 (likely more) to just catch up.   Not going to happen as I don't have that type of cheddar to spend.   And even if I did have the funds I'm not sure that I would want to, I like most of the coins in my set just as is.   There are really only five or six that I would say I made a bad choice on and would like to upgrade the look or eye appeal of.
    I always kept the registry in perspective, it's fun and interesting but not a priority in my collection or my life so I don't overspend myself trying to win awards; well except for one set that I do want to retain the top spot if possible.   I am ecstatic with my best presented win this year, that is a way for those of us that do not have unlimited funds to have fun with the registry and compete on a playing field that is not completely dependent on how much we spend.   More than one way to enjoy the registry, even if I had never won a single award I would have been satisfied with my sets for what they represent, just an average guy having fun buying the best looking coins I can afford.
  14. Like
    Coinbuf reacted to Hoghead515 in I finally have a number one Lincoln cent set!!   
    Thats very cool to even have a number 2 set.  I foresee in the future you will have that number 1 spot again. You got a very nice set. I really enjoyed looking at it. Those are some stunning Lincolns. Very well presented also. The descriptions and everything. Looking at your set and @Lem Ewonderful set of Jeffersons has inspired me to work harder on mine. Im gonna write descriptions on my Washingtons. Its bout too late on them but Im gonna try to finish them out with some nice coins but not super high grades. I done got in a hurry and spent a pile of money on problem coins and theres way to many and hard key dates out of my budget. Im still very happy and grateful for what I have done on it. Im gonna finish it out slowly. I am however gonna start a set of Roosevelt dimes. Im gonna to try to go full torch and be more picky on them. It will be pricey on some but way less in a set and really no really hard key dates such as the 32 d & s GWs. Or the 1950 d/s & s/d. I dread getting those. But the set of dimes will be easier on me to find and Ive got a fresh start to pick the right coins for my set. I plan on being more creative and write cool facts and descriptions. I really enjoyed your set and thanks for sharing it with all of us to enjoy and inspiring people like me to try and do better. 
  15. Like
  16. Like
    Coinbuf reacted to Woods020 in I finally have a number one Lincoln cent set!!   
    That’s a feat to be proud of, even if it was temporary. I haven’t given the registry world a real college try yet, and not sure I will in the short term with other projects. Nonetheless to be #1 in a highly competitive series is something to be proud of. Lots of #1s in obscure areas with little to no competition but Lincoln’s are highly competitive. Well done Sir!
  17. Like
    Coinbuf got a reaction from GBrad in I finally have a number one Lincoln cent set!!   
    Forgot all about this journal entry,  As expected my number one spot did not last very long, still fun for the little time that I had the crown.  
  18. Like
    Coinbuf got a reaction from Revenant in I finally have a number one Lincoln cent set!!   
    Forgot all about this journal entry,  As expected my number one spot did not last very long, still fun for the little time that I had the crown.  
  19. Haha
    Coinbuf reacted to zadok in Which cat ate the Treaty of Amiens?   
    ...has some resemblance to my ex-mother-in-law...whatever it is im sure its name wasnt Fluffy....
  20. Like
    Coinbuf got a reaction from Revenant in Covid continues to mess up... EVERYTHING   
    I suspect that covie will continue to gum up the works for quite some time to come, sad but true I' afraid.
  21. Like
    Coinbuf got a reaction from tj96 in Covid continues to mess up... EVERYTHING   
    I suspect that covie will continue to gum up the works for quite some time to come, sad but true I' afraid.
  22. Like
    Coinbuf reacted to tj96 in Covid continues to mess up... EVERYTHING   
    It's not going to end!

  23. Like
    Coinbuf reacted to Revenant in Covid continues to mess up... EVERYTHING   
    Yeah.... I had similar concerns and asked on the forums and Lisa clarified that it just needs to be physically in the building by COB on Monday 1/31.
    But... Yeah. I'd noticed that on the opening boxes thing and I'm thinking their current advertised 71 Business Day turnaround times are going to prove to be a pipe-dream if they are 2 months (~35-40 business days) behind in opening mail if you measure that 71 business days from when the package hits their door - Which Matt has said they do, but repeated comments from Lisa and the CS staff have had them measuring turnaround from the day the package was marked as "Received" in the system and not from the day it was delivered. This makes sense when you consider that they record on the submission when it is entered in and I don't see why they would record on a submission by submission basis when the box arrived because, until this last year, those two dates would have almost always been within a week of each other.
    The more I look at this situation the more I'm thinking that the May-June time-frame suggested by their current turnaround times is almost certainly going to be an August-September return for the coins I just sent in.
    On the plus side though, if they don't open the box until March they won't charge my card until March and so I won't have to pay it off on the CC until more like May.  Take the wins where they come.  
  24. Like
    Coinbuf reacted to Revenant in Maddening Modern Collecting   
    I got into the Zimbabwe notes seriously starting around 2015/2016 thinking it was dead and over and therefore the scope was limited, but, then when they started the bond notes and the new series ~2016 I couldn't not go for it. So now I have an open ended project there. But fortunately they only release 1-2 notes a year now. If we have another hyperinflation period with another 30-50 note year.... 
  25. Like
    Coinbuf reacted to ColonialCoinsUK in Maddening Modern Collecting   
    Same reasons I do not collect moderns, at least you roughly know when old stuff starts and finishes but then I tend to look for new die varieties which results in the same problem