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walnutto

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Journal Entries posted by walnutto

  1. walnutto
    Banks may not order any more future rolls???
    Isn't it strange that the local bank branches which is part of a large midwest banking instition has decided not to order any more business strike presidential dollar rolls? Their reasoning is that they believe there is more than enough dollars in circulation now. SAY WHAT?? Isn't that one of the main reasons why the US Mint and our government started with dollar coins again for circulation is to eventually replace or least reduce the amount of paper currency it has to print??? Most European countries have done just that and it has been a success for them.
    The local branches here have been very good in the past to allow me to order whole $1000 boxes at times without complaint.
    I tried to order a box of the new Native American dollars from them and the answer was no. They didn't see the need to do that.
    The question I have for those collectors that depend on their local banks to provide rolled coins to add to their collection:
    Isn't it the law that no bank can deny your request for any currency that is offered by the US Mint for circulation???
    I have no problem to pay a service fee that all bank branches pay to acquire $1000 boxes. But to simply say...Sorry, you can not order anymore dollar rolls because we do not want to bother with it!....Hmmmm. No wonder the SBA and SAC's failed to replace the dollar bill because banks seem to have the power to decide for us.
    Your opinion is greatly appreciated!
    Walnutto
  2. walnutto

    Error coins and NGC

    By walnutto,

    Weak Edges and 2009 Lincoln pennies
    I know I had emailed NGC earlier with no response if they were going to recognize either the weak edges of the 2009 SAC's or Prezs and any of the doubled dies of the 2009 Lincoln pennies. I see there was a pair of weak edges of the 2009 SAC's on FeeBay from NGC. Those are the only two I have ever seen, all the rest are graded from PCGS. So far, No doubled dies from the 2009 Lincoln pennies from either one thus far. The question I have to all you Society members:
    Will NGC or PCGS grade any of those error 2009 Lincoln pennies and should they? I think the weak edge is a rather poor reason to have a designation of an error coin myself.
    On a side note....I got to order a couple of boxes of the LP3 Lincoln pennies when they went on sale from the US Mint yesterday. Completed my order at 4 minutes past the hour and now its already backordered to 8/29.....GEEEEZ!...
    Any comments would be great!
  3. walnutto
    Would you believe finding Franklins or Walking Liberties??
    I tend to order 2 or 3 boxes of half dollars from my local bank every week. It seems that the silver ones have dried up for now. I did mention that in the last month or so I found two Franklins in one box. That alone I was really surprised but... wait for it...
    The following week I found two Walking Liberties in one box...I could hardly believe it. Yes, they were the common dates but still one would think they all would have been found by now.
    Don't give up hope...I am sure yours is out there just waiting for you too!
  4. walnutto
    Quite the Error Find!
    Going through another box of circulated half dollars and finding another 13 - 40% Silver Kennedy Halves, I just happened to glance at one of the roll ends that caught my eye for the date. I find this amazing that this Struck Thru Error which is quite the error made it to circulated rolls. Course if it had not been at the end of the roll face up, I, too, would have not found it either. Makes you wonder what else is sitting in a box waiting in some vault to be discovered. Now the date could be 1985 too but I am pretty certain it is 1995. The reverse also is Struck Thru but is not quite as extentive.
    What a larger view? http://cgi.ebay.com/ws/eBayISAPI.dll?VISuperSize&item=140324094033

  5. walnutto
    Plenty of 40% Silver halves still can be found.
    Recently I have been getting $500 boxes of Half Dollar rolls to search for silver halves. Once in a great while, I find a 90% silver Kennedy but most boxes usually have 5-6 halves that are 40% silver. Just recently I came across a box with 50 silver halves and of those two were 90% silver. I was like winning a small lottery of sorts. Today, I found two Franklin 90% silver halves...one would think that all of been found. Its a relaxing way to break open bank rolls and see what is inside. If you have a bank that will order you boxes of Half Dollars and you have a spare 20 minutes....sit back....have some coffee and see what awaits you!
    Enjoy your Memorial Weekend and Remember all those Vets that gave their lives so we can enjoy all our freedoms here!!
  6. walnutto
    Lincoln LP2 - 2 roll set Shipped
    I can not hardly believe it....Take a look!
     
    Product Name Quantity Price
    (each) Total Item Status Cancel
     
    2009 LINCOLN 2-ROLL SET "FORMATIVE YRS" 5 $8.95 $44.75 5 units shipped on 05/22/2009
     
    Also, I was Number One for a few months on the Presidential Mint Dollars until yesterday....I still think an all or almost all NGC set should count higher than someone just using PCGS that tends to overgrade their presidential dollars. I still have the BEST NGC set hands down but it will not be seen that way in this Society even though it is run by NGC.....go figure.
    Changes need to be made!
  7. walnutto
    Ordered within 3 days of release...
    The wait is killing me here. I first didn't really have the desire to order any of the 2-roll Lincoln penny sets but changed my mind on 3/16 and my order has been "In stock and reserved" for over a week now and can't even cancel it if I wanted to.
    I called the Mint and they said the order is still valid and is waiting to be shipped.....waiting for what??....
     
     
    2009 LINCOLN PROOF SILVER DLR 5 $37.95 $189.75 In stock and reserved
    2009 LINCOLN 2-ROLL SET "BIRTHPLACE" 2 $8.95 $17.90 In stock and reserved
  8. walnutto
    WOW...The Denver mint is still only .7 Mil??
    US Mint just updated their coin mintage thus far for 2009. It is very hard to believe there is still only .7 million of the 2009 SAC "D"'s.
    2009 Circulating Coin Production (in millions)
    January 2009 through March 2009
     
    Denver
    N.A. $1 Pres $1
    0.70 M 92.40 M
    Philadelphia
    7.28 M 58.94 M
     
    Pres. $1 - Presidential $1 Coin
    N.A. $1 - Native American $1 Coin
  9. walnutto
    A SAC star is born...
    I found this error on a 2009 P SAC dollar from a bank roll. I don't collect errors unless it a true variety from NGC. I know this will be a one of a kind indeed. This can be seen with the naked eye as well.
    The question I have how would the "star" get there and where would it have come from. It looks larger than the stars on the edge. Would this be considered a "Die Clash"? There are two parallel lines that are near this star as well but does not show up on the picture below.
    Comments anyone??
    Enjoy your weekend!

  10. walnutto

    Mint Sold Out

    By walnutto,

    going going gone...in 2 weeks
    The Mint is now sold out of the 2 roll 2009 lincoln set after only 2 weeks....wow...amazing...glad I ordered two boxes last week. The Uncirculated Lincoln Comm. is official sold out as well. I did manage to order some of the new Louis Braille coins earlier today. Looks like the 2009 Sacagawea 250 dollar boxes are back in stock again....get them quick....
  11. walnutto

    USPS revisted

    By walnutto,

    Finally but...
    My registered package finally arrived after 10 days from Sarasota to Wisconsin. It never took that long before...but get this...Another package left NGC a week later and I got that one today...less than a week...Did I pay for the first one to take a extended vacation thru the country side?...hmmm....
    Anyways...thanks for the special responses I got to hang in there. So what was all the worry you ask? It wasn't for any expensive or older coin but a 2009 SAC. I really like the reverse design and it seems that the US Mint made very little thus far in the Denver mint....it is scarce to me...

  12. walnutto
    Indeed....quite the service indeed!
    Anyone else have registered packages lost in the mail over the last few months? I have been expecting one from NGC since it departed March 9th from Sarasota to Wisconsin. There is no info on the USPS site since it left there and its been 9 days. It has never taken over a week before usually its 3-4 days. It would be a shame because I may never get to replace those coins with any other ones like it.
  13. walnutto
    Because PCGS overgrades their modern coins and everyone knows they can buy it cheaper with a PCGS label.
    I have stated before that NGC needs to start exclusive sets that only allow NGC graded coins. There are too many sets with most or all PCGS coins in the NGC registry. This is really unfair that buy the coin and the label and are given no credit at all for this. I believe PCGS coins should have to be sent in to be CrossOver within a certain timeframe or have their points reduced to the next grade level since most would never cross over in the first place. I know because I have only a couple that crossed over and thats a very low percentage!!
    Come on NGC.....lets get on board and get our own exclusive sets!
    Walnutto
  14. walnutto

    1999 P SBA MS 67 W

    By walnutto,

    What does the "W" mean?
    I was going through some of my graded SBA coins. I came across this 1999 P SBA MS67 W. What does the "W" mean?
    I checked the number 119661-066 and it doesn't show anything other the norm. If you know what the "W" means and if this is rare, please let me know!
    Thanks

  15. walnutto

    New Categories Needed!!

    By walnutto,

    Open and Closed Set Types
    From my last journal entry, more agree with me and a few diehard PCGS collectors do not. They do not believe they should give up there ranking now. I take great pride when I select coins to send them in for grading to NGC. I do not send in bulk like most dealers who do not care about the coins' appearance just the grade. When I purchase coins for my registry, I look for only NGC coins first after all, this is a NGC Collectors Society. How would you feel if you joined a Corvette Club and to learn that other sports cars were allowed to be part of it and win awards that should really be given to Corvettes first??
    Anyways....I said my peace...for now...
    My suggestion, since we all have to accept what is in place, is for NGC to start new Set Types for NGC coins alone for those that are diehard NGC fans. I, myself, not only buy the coin but the holder which is just as important. Then PCGS fans can continue adding to the existing open sets and NGC collectors can join both the open and closed sets.
     
    Thanks for everyone's input...we call can make this Society better and enjoy the journey as well.

  16. walnutto
    PCGS SMS and First Day Issues most will not Crossover!
    The registry really should be for NGC graded coins alone. PCGS has their own registry and those coins should not be allowed in here. I have several Satin Finish Presidential dollars MS69 that I know will not crossover. If you can visibly see stains or marks with the naked eye, everyone knows that they would never be a MS69 SMS with NGC. There should be an allowance for those collectors that only want NGC in their registries.
    I challenge every collector to submit their SMS MS69's to NGC to crossover. All those PCGS MS68 First Day Issue dollars would be just MS67's. Perhaps we should take a vote and see how everyone feels. I do know that some of my PCGS dollars I would be ashamed to sell because they just don't measure up.
    Maybe The Collectors Society should review their practice to allow PCGS coins in here or allow less points for the same grade. One thought is to have NGC have a "Just Review" status to make sure the PCGS coins are indeed an equal grade. Those coins then would have that info attached to that serial number.
    This may sound like sour grapes but something does need to change so this Society favors NGC coins over PCGS. If not, then any award given to those that have many or all PCGS coins brings less importance and meaning to this Society.
    I know I am not alone in believing this, its not like the PCGS collectors have no where to belong but we are not welcome on theirs!! I would love to get some responses and feedback from fellow members.
    I do love collecting though!

  17. walnutto
    More times than not, modern coins do not crossover.
    With all the hype how PCGS coins are valued higher, it doesn't always mean their grades equal NGC. I have come to a conclusion that PCGS over grades most modern coins meant for circulation. Perhaps they don't value modern coins importance so they don't examine as carefully as they do with the Commemorative coins and the older classics. I usually buy a few PCGS modern coins hoping they crossover to NGC to keep my registry as close to NGC coins. I use to just submit them without any real examinations but after a few don't get cross overed...I started looking at all my modern PCGS coins.... I would say that 75% are a disappointment. I think the NGC registry needs to reevaluate the point system. I see that most SMS and business strikes in most sets are PCGS. They are cheaper to purchase because of the inflated population.
    So...after stating that....How do we feel about this? Should PCGS modern coin points be reduced to reflect this? There really should be more incentive to have NGC modern coins in the registy sets here.
  18. walnutto
    Sometimes I even surprise myself!
    I've only been an active member here for 2 years and I can honestly say I am obsessed with the modern coins. I know that most seasoned collectors don't really consider modern coins worth the time to bother with them. I do appreciate the early designs and especially the history that goes with them. My pocketbook wouldn't allow me to invest with many early coins.
    I learned from a local coin dealer that they only way to learn how to grade coins is just start looking myself. It was expensive early on with "dumb" submissions... but....little by little...you do get the hang of what to look for and what not to bother with....most of the time...
    Here's is my latest submissions, I am quite happy with the results makes me wish I could do this full time.
    2008 P JAMES MONROE $1 MS 67
    2008 P JAMES MONROE $1 MS 66
    2008 P JAMES MONROE $1 MS 66
    2008 P JAMES MONROE $1 MS 66
    2008 P JAMES MONROE $1 MS 65
    2008 D JAMES MONROE $1 MS 65
    2008 D JAMES MONROE $1 MS 67
    2008 D JAMES MONROE $1 MS 66
    2008 D JAMES MONROE $1 MS 65
    2008 D JAMES MONROE $1 MS 67
    2007 D JAMES MADISON $1 MS 66
    2007 D JAMES MADISON $1 MS 67
    2008 P BALD EAGLE S$1 PF 70 ULTRA CAMEO
    2008 P BALD EAGLE S$1 PF 69 ULTRA CAMEO
    2008 P BALD EAGLE S$1 PF 70 ULTRA CAMEO
    2008 W EAGLE S$1 MS 70
    2008 W EAGLE S$1 MS 69
    1979 S $1 MS 67
    1995 P 25C MS 67
    Just a side note, I ordered only 6 Bald Eagle Proofs and (6)
    2008 W Silver Eagles. I love it when it all falls into place when you can get some to sell to make what you keep be free!
    Thank for letting me brag a little....
    Keith
  19. walnutto

    WOW...NGC is flying

    By walnutto,

    Only a week from the coins being received to Final. Keep up the excellent work NGC!
    NGC is firing on all cyclinders lately. I am very impressed with the timeliness and a few of my grades.
    2007 D SMS GEORGE WASHINGTON $1 MS 68
    2007 D SMS SACAGAWEA $1 MS 69
    2007 P SMS IDAHO 25C MS 68
    1992 P 50C MS 66 PL (This looks like the only PL listed!!)
  20. walnutto
    Its easy to weigh the sets from Ebay
    It looks like each year can vary just a couple of tenths but I weighed the 2005 Silver and Clad Quarter proof sets and here's what I found out.
    All 5 Silver Proof Quarters with the plastic case = 76.8 grams
    All 5 Clad Proof Quarters with the plastic case = 73.2 grams
    It might help if someone has all the sets straight from the Mint to weigh them and post all the results so we can protect ourselves from cheats!
  23. walnutto
    anyone interested in trading their "P" FDI MS67 for a "D" FDI MS67?
    I just got notice from NGC of one of my two FDI submissions that I got three 2007 Thomas Jefferson D NGC MS67 FDI...WOW! not bad since I only submitted eight of the "D"s. I didn't get any 67's from the "P" mint though.
    I have one of these 2007 D Thomas Jefferson NGC MS67 FDI on Ebay Item # 140152225527.
    Is Anyone interested in trading their "P" FDI MS67 for one of my "D" FDI MS67?
    The quality really improved at least on the box of Denver mint I received. I would willing to bet there will be at least one MS68 found this time....any wagers??...
    Let me know if anyone wants to trade....
    Thanks!
    Keith
  24. walnutto

    Adams Crossover

    By walnutto,

    PCGS does not always grade stricker than NGC
    I submitted (7) 2007 Adams MS66 to crossover to NGC. Only two of them got the MS66 grade to crossover...This makes me wonder if we are all paying too much for slabbed PCGS when their grades could be less than than NGC. Sounds like more hype than real to me. Just had to add my two cents!
    Has anyone else come across this recently?
  25. walnutto
    Tempted to return this sets but not sure if I would get any better next time.
    I gotta tell ya, these new Presidential Proof Sets are the worst I've seen from the US Mint in awhile. Remember the commemorative Old Mint from last year. Most had fine scratches and/or tiny pit marks. They are on these proofs as well including most are stained as well. If you look at the design closely, you will see why it will be near impossible to obtain a perfect PF70 on these coins. Also, I have found what appears to be exact die breaks on the edges on all 4 presidents at 10 o'clock and 2 o'clock when looking at Lady Liberty. Looks like it was there before the edges got the incused lettering.
    What would cause this die break on every one? or am I seeing it wrong? Anyways, I bought 2 sets of NGC PF69 for about $65 which would be about what it would be for me to grade them myself. I would guess that a complete PF70 set would be well over $1000 because it would take hundreds of sets to find just 4 perfect ones.
    The Mint better wake up and start getting these right or most will stop early on collecting these proofs!!
    UPDATE: After further review and thought, those very well could be designed "stops" so the incursed lettering would be placed in the same locations on the edge each time.....Any thoughts or are these indeed a die break? Either way, they are causing some separation with the edge or waviness on the face.