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gmarguli

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Everything posted by gmarguli

  1. There is Coinoscope for your phone which will do something like this. I've tried it a few times and it is hit/miss. It nailed a hard one, but missed easy ones. You can also search Bing/Google using an image and it will find the coin for you.
  2. Are you looking at the garbage GovMint sells? Those aren't coins. Those are fantasy pieces. Call them tokens or medals or c**p. The fact that NGC degraded itself to put this stuff in their slabs is extremely sad, but it doesn't make them coins.
  3. And all these years I've been foolishly rotating coins in the light when I grade them. All I needed was a flat picture to grade them.
  4. Why do I think I'm responding to an AI bot? What guide industry? Modern NCLT is listed in the coin guides, talked about in the coin publications, and wildly available on the internet. And why do you think that NCLT is appealing to millennials moreso than other people or other types of coins?
  5. It is not the "close pearls" variety. That variety has round denticles while this has traditional denticles. Your coin looks VG. It has extremely little collector value.
  6. I think people went crazy with the Privy mark coins and are thinking that all the low mintage products are going to jump in price immediately. The WW2 24-karet commem hasn't exactly lit the world on fire. There are tons for sale at a little over issue price and they are not selling. While I like the Mayflower design a lot more than the usual mint garbage, I suspect that the aftermarket for these will be even softer than the WW2 coin. When was the last time the mint did something with a foreign mint? The Iceland commem? Those aren't exactly trading at a high value.
  7. The Mint is the only one to blame in this situation. They sold an item well below market price. They could have priced it at $10K and sold out or they could have priced it at $2600 and sold 5X as many as they did. They bastardized the marketplace. Flippers didn't create insincere demand. They are not posting fake buy prices in order to inflate their sell price (See: Chinese coin market). Flippers bought an item that was priced under market in order to sell it at market price. If anything, they are helping the market work efficiently. Without flippers buying up some of the supply, these coins would still be trading at $10K and thousands of collectors would still be complaining that they didn't get one. FYI, I purchased mine to flip. No apologies. I'll take a shot at buying anything that is priced well under the market. Everyone had the same chance at winning the Mint lottery. At the end of the day, a collector has the coin they wanted at a price they are happy with and I have my mortgage covered for the next couple of months.
  8. When I get the provenance added to my collection, I'm going to call it the Moronic Provenance Collection. That way all the inserts can say Moronic Provenance on them.
  9. They were just cool coins that I'd have bought, not core collection coins. If core collection, I'd have bought them and had the names removed from the inserts. Why would I want someone else's name on something that I own? The coin may have had 20 owners over the past 100 years, so why should one of them be immortalized on the insert? 99% of the people/collection names on the inserts I've never heard of and I seriously doubt others have heard of them either. On top of that, a name on an insert should be a real achievement, not something easy to obtain. If I can go on eBay and put together the set in a day, that set should not qualify for provenance status.
  10. I'd have thought that Norweb would have been your provenance of choice given the impact it has had on you. There is also a second fee for it. Twice in the last 3 months I have decided against bidding on a coin because they both had a useless provenance. One sold for ~$600 and I'd have paid ~$850. The other was a cheaper coin and I don't remember the numbers, but it sold for around $100 less than I would have been willing to pay. I'm tired of having to reholder coins because someone thought they deserved to have their useless collection name that nobody knows on the insert.
  11. I've had numerous coins designated Specimen (and proof) that had no documentation and even no records of proof coins ever being struck.
  12. How exactly were you treated horribly? By people correctly telling you your coins are not what you think they are? You're in for a rude awakening when you step into the real world if you think people correcting your error was horrible treatment. And I strongly suspect that we will never hear from you again. You will not be man enough to come back to the forums and post pictures of your "SMS" coins in PF slabs and admit that you were wrong and the mean people on the internet were correct.
  13. Who the hell designs these? She looks like a prostitute and he looks like a very nervous kid trying to get up the courage to approach her so he can finally lose his virginity.
  14. I grabbed one. I'm not sure of the demand these will have in the secondary market, but it seemed like little downside risk. Given the fact the GAE are going for crazy prices, perhaps people who can't afford those will want this instead? I started trying at 12:06 ET and got a confirmation at 12:12 ET that my order was successful. I did not try for the silver medal. It took me longer to get this one than the GAE, even though there was no captcha this time.
  15. I suspect that the SAE will hold up pretty well. It is a popular series and the coin likely won't be too expensive for a lot of people. The mintage, while smaller than normal, will not be enough to keep it priced super high. The only reason I suspect it may stay higher than it should is because of its relationship to the GAE which will be priced out of line for most people and this is a cheap substitute. The gold seems crazy. While many people might like one for the novelty, how many people are actually putting together a complete set of these and need one? It's crazy to me that a person could have one of these or a PR65 Seated $, an MS64+ 3-Leg or PR67 CAMEO Buffalo, or an XF Flowing Hair $ for the same price.
  16. Not sure how many in total, but there are maybe 50 in the pop reports. Most of them are mint state and I suspect they came from the hoard. I know the dealer sold some at a European show before going to the NYINC show. Based on historical auction results, few examples appeared before the hoard was dispersed and those examples were generally lightly circulated.
  17. Been reading that a lot with people having the gold in their cart and by the time they get into the checkout process it says sold out. Sounds like a lot of people thought that by placing it in the cart it was somehow reserved. It sure would have been nice to give people who managed to get it into their cart a few minutes to check out. Kind of how Amazon did it on their Prime Day. Once it's in the cart, it's reserved and you have X minutes to check out. For me, the captcha was insane. I picked out the bikes/boats/buses and when I'd submit it I'd get a website error message and it'd make me pick everything out again. I swear I did the captcha at least 20 times between my two orders.
  18. I can't believe we don't have a thread going on over these coins. People are going crazy on the other coin forums. Anger at the Mint website which was banning people, timeouts, captcha insanity, etc. Greed with the gold already having dealer buy prices of $7K+. So did anyone brave the website and what were your results? Gold: I was able to order one at 12:03 per the order email confirmation and I received a second final order confirmed email at 1:00. Silver: I was able to order one at 12:18 and I received a second final order confirmed email at 2:55. I was also able to identify an uncountable number of bikes, buses, and boats before my orders were actually processed. FYI, there were 46K order in between my two purchases assuming the mint uses sequential order numbers.
  19. Recently going through my "cool coin, but it doesn't fit my collection" boxes to see what I had. Came across this. It's a 1346-64 Achaia (Italy/Greece) Robert d'Anjou-Tarente Gold Zecchino. The design is considered a crude imitation of the Venetian coinage of Andrea Dandolo. Reverse features Christ standing facing, holding gospels and raising hand in benediction, surrounded by mandorla and stars. Obverse features St. Mark standing right presenting banner to a kneeling Doge. The strike on this example is superb, even if the dies are showing a little fatigue. This coin used to be very rare before a small hoard of them surfaced around 10 years ago. A dealer brought maybe 25 examples to the NYINC show and they were instantly snapped up. I managed to buy about 10 of them and have sold all but 3 over the years. This example is graded PCGS MS66 and is a pop 3/0. I've got one of the another MS66s and an MS65+. Not very often you find a superb gem ~650 year old gold coin.
  20. You should have a coin graded if the value of the coin after grading is greater than the value of the coin raw + the cost of grading. I've had rolls of $20 coins graded because the coins sell raw for $1-$2 and the grading fee was only $5.
  21. While no internet, I believe there was the teletype system that was in use with many dealers.
  22. I think that you intentionally don't want to understand it. Either the investment pool is static or a manager makes asset changes. The investors don't touch the underlying assets and don't care. Investment pool is started. $5M pool with 100 shares at $50K Manager buys assets on open market. A set minimum amount of time passes. Manager sells the assets on the open market. Manager divides up proceeds among the 100 shares. Pool is closed. At no point does an investor need to make a market or trade or even have any knowledge in the underlying asset. These investment pools are not traded on the open market. Their value is not tracked and published daily like a stock. They are closed. Once someone invests, they are locked into the investment for X number of years. That's why these are only available to accredited investors who have the means to hold on for the longer term and can understand the risks.