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Hobbies
Vintage Audio Gear, Duck Decoys, View from the couch is nice
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Location
Suburban Philadelphia
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Has Gradeflation Peaked ?
Dave1384 replied to GoldFinger1969's topic in US, World, and Ancient Coins
I recently purchased a ‘23s quarter. The greysheet wholesale bid price for it is 400.00 more for one with a bean. So, I now need 2 ! Opinions to get a better price ? THAT is grade inflation and it permeates this hobby . Another angle to navigate And it irritates me to no end. Roger is right, there is an element of greed. There is a coin shop near me that had 3 half eagles . They are also on eBay. One of those dates has 2 listings ; one in an NGC holder and one in a PCGS holder. Same grade, ms 61 . The latter holder is 100.00 more. Buy the coin , not the label everyone says. I like the owner, but this is bull sht. All this might not quite pertain to the op’s question, but it’s two examples of inflation where it ought not to be. -
Henri Charriere reacted to a post in a topic: What a less than honest listing on eBay looks like.
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Henri Charriere reacted to a post in a topic: Coin collector analysis
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So you think you know how to grade a coin? I've been doing it for 25 years and I'm still learning and screwing up. You? Let's talk about the failures and disappointments that come along with the highs and jubilation of submitting raw coins.
Dave1384 replied to Mike Meenderink 's topic in US, World, and Ancient Coins
“When I buy a coin It must do two things, please me, and fit my budget. “ This observation applied to me with uncertified coins, which I have only occasionally purchased . What really soured me on this hobby was an experience I had some years ago with a raw 1899 Morgan Dollar from Philadelphia. I had it pegged at a minimum 64 , it was that gorgeous. I bought it at a show . Before I bought it I showed it to two other dealers who saw no flaws. I was excited. I sent it in , through a friend. To NGC. It was returned. In a PINK slab. Some garbage about the rim. You couldn’t see it. I swore it was a conspiracy since a high grade in that coin commands a premium. And it would upset the census. So I had 3 people in the business agree with my opinion but to no avail. I later sold the damm thing at the World’s Fair of Money in Philadelphia and THAT guy didn’t see an issue with it either. I ranted about it here after that slab came back . I should have just enjoyed it for what I had. Having it slabbed really sucked the life out of the hobby for me. -
Henri Charriere reacted to a post in a topic: Coin collector analysis
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My mother was a cashier in the local elementary school. She would pull silver coins out and bring them home. She would receive Buffalo nickels too . This was in the1960s. I had good amount of coin holders from PFSF that I filled, plus a half filled Buffalo nickel folder.
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powermad5000 reacted to a post in a topic: Guess the grade.
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Dave1384 reacted to a post in a topic: Guess the grade.
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@Coinbuf. Sorry I misidentified the wing as breast. I can’t provide another picture because I got those from the website. I know the dealer and yes, the cost is low . Approx1200, @powermad5000I and @The Neophyte Numismatistreading up on it , Bowers, Hall , .. yes the strikes are poor. But I don’t want to be reminded every time I’d look at it, that I bought it because it was cheap. Still..
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Hoghead515 reacted to a post in a topic: Guess the grade.
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Thank you . @Henri, you have a unique way of looking at things and no, I wouldn’t give it as a gift to someone knowledgeable . It is indeed a high relief . Since I’ve had 35 views and no one else has offered their opinion, I will state that it is labeled MS 64. Which I find laughable because the breast feathers are barely legible.
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Dave1384 reacted to a post in a topic: Guess the grade.
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I am considering buying this one but I think it is very unattractive. And doesn’t merit what it was given. Please chime in with an opinion.
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Henri Charriere reacted to a post in a topic: Do you have a direction in the hobby?
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GoldFinger1969 reacted to a post in a topic: Do you have a direction in the hobby?
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Do you have a direction in the hobby?
Dave1384 replied to ldhair's topic in US, World, and Ancient Coins
I hated Wolf. He is and was a stupid mfer . I quit my job in a warehouse when he put the mask mandate in. And look what these insufficiently_thoughtful_persons you left behind put in the Senate. Good move. PS. Insufficiently thoughtful isn’t what I wrote. -
Henri Charriere reacted to a post in a topic: What Would You Do With 2.5 tons of Dimes?
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Fenntucky Mike reacted to a post in a topic: What Would You Do With 2.5 tons of Dimes?
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Dear Lord. When I saw the initial 2 pictures, I thought, that’s a beautiful mint stater he has there. I think ANACS missed it. I agree with the slabbed grade.
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What Would You Do With 2.5 tons of Dimes?
Dave1384 replied to Fenntucky Mike's topic in US, World, and Ancient Coins
This is a few miles from me. The area has become crime infested. I doubt it was an inside job. There were multiple cars loading up . They are looking for 6 suspects. What I don’t understand is why the driver parked there , since that location is 20 miles north of the Mint and he was headed for Florida the next morning, Unless he had a delivery around here. The Captain of the precinct says what the driver did is common for long haulers. -
Dave1384 reacted to a post in a topic: Any Truth To This Story/ Rumor ?
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Dave1384 reacted to a post in a topic: Any Truth To This Story/ Rumor ?
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Dave1384 reacted to a post in a topic: Any Truth To This Story/ Rumor ?
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Any Truth To This Story/ Rumor ?
Dave1384 replied to Dave1384's topic in US, World, and Ancient Coins
Lol. Well, at least it sounded intriguing. The comment section from that piece has 95 percent blistering the FBI as thieves and liars, as a result of the last few years of corruption. -
I read this today over at Hot Air and am curious if anyone here has heard of it . The supposed 1863 trainload of gold buried in Dent’s Run in Pennsylvania. Here is a quoted initial synopsis of the write up : “For more than a year now, we’ve been following the story of two treasure-hunters who claimed to have found the location of a huge cache of civil war-era gold buried in rural western Pennsylvania. The men from Finders Keepers sought help from the FBI in their efforts to gain permission to dig for the buried treasure but were kept away by federal agents while the FBI excavated the site themselves. The two men were later shown an empty hole and told there was nothing there, but they suspected that the FBI had simply taken the gold for themselves. A legal battle to get the Bureau to release its records of the dig dragged on for most of a year until a judge ordered the agency to turn over the records last month.”
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Would you like to test your grading skills?
Dave1384 replied to bsshog40's topic in US, World, and Ancient Coins
Deceiving looks ? Wish mine looked that nice. There’s some pitting around the 2. I’ll try 60.