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Everything posted by gmarguli
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First Trade dollars. Where are they now?
gmarguli replied to RWB's topic in US, World, and Ancient Coins
No, there were minted in a different material. For your sake I hope those are graded BN and not RB/Red or you have a serious problem. -
First Trade dollars. Where are they now?
gmarguli replied to RWB's topic in US, World, and Ancient Coins
They are currently in the queue to be graded by one of the TPG. They will be graded Specimen and auctioned off as the first Trade Dollars ever struck. -
Come on, we only talk about the amazing profits we make in this industry. Coins are a foolproof investment!! You'll never hear people talk about the holding cost. You never hear them mention the fact that inflation ate a big percentage of that NEW SALE PRICE. And forget about anyone ever mentioning what the risk free rate of return was during that time the coin was held, much less what the return on similar risk assets were. And the high income tax rate on collectibles... forget about it! Coins are a great investment. Just look at the record high auction prices!
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Down even more right now. BTC at $17,749 and Ether at $897.
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They're all going to zero. It's the "uber smart" millennials that think this time it's different, that are pouring their money into this garbage. Personally, I can't wait for all of them to crash to $0 so I can laugh at all the moronic fools that bought this utter garbage.
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Identification. **Final result update**
gmarguli replied to JamieinMN's topic in Newbie Coin Collecting Questions
I'm not sure how accurate the lists of "what we will grade" are. Seems like they'll grade just about anything they can figure out what it is. What it is is a Death of Paul Von Hindenburg medal minted by L. Christian Lauer. Beyond that, I'm not sure if there are any reference books of medals minted by Lauer. It's not super rare as I've seen them around, but it's not close to the more common design ones that are everywhere. An example sold last year in a Moller auction along with another medal for $73. -
So who is up for the new NGC airview holder?
gmarguli replied to Coinbuf's topic in US, World, and Ancient Coins
I like it, but I'm not sure how revolutionary it is. Years ago PCGS slabbed some fractional Nepal Mohars for me and they used two clear discs and placed the coin in between. This is the same concept, but slightly different design. I'd like to see this option with the white core completely gone and just have a clear plastic slab. -
I've read articles on studies that were done. If rounded as should instead of paying exact, the consumer would benefit by around 25c/year. If the store rounded in their favor every single time, the average cash-only paying consumer would be deprived of around $8/year. Not exactly life altering amounts either way.
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There have been two extremely stupid reasons for not eliminating the cent. 1) The zinc producers bribe make donations to members of Congress. 2) It is racist as it will hurt the poor the most if stores go to rounding. Even though this has been disproven by multiple studies, some insufficiently_thoughtful_persons in Congress still push this garbage.
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I admit the rest of the slab turned a little too blue. However, I think a lot depends on the original picture (more original light probably reduces the blue) and probably the original Photoshop settings.as these might be different in every version. It's also possible that the seller uses another photo editing software, such as the free ones on their phone. Here is another pic from the seller. These are new pure copper, so I assume they are bright red in person, but to me they look copper-nickel.. And I didn't pick this because of the person on it, these are just for sale and make a good point about color.
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According to who? NGC, who is looking at the same lousy pics that everyone else is. I didn't even look at the reverse when I made my opinion. Looking at the reverse on the "NGC coin" and on "OP's coin", I'm more convinced than before that it is the same coin. Let's buy the coin and send it to NGC for review. It's got a $240 sticker on it. We can each chip in $20.
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Stupid question, But Is It Possible To Have....
gmarguli replied to tj96's topic in Newbie Coin Collecting Questions
As 70 supposedly equals perfect, it is not possible to have a 70+. This would indicate more perfect than perfect, which isn't possible under the current grading system. NGC gives the Star designation to one sided cameo coins, so a PF70* is possible. -
Would you like to test your grading skills?
gmarguli replied to bsshog40's topic in US, World, and Ancient Coins
I was going to guess UNC Details, Whizzed before seeing the slab. The surfaces don't look natural - regardless of the color. -
What is NGC's First Allocation designation?
gmarguli replied to BearlyHereBear's topic in Newbie Coin Collecting Questions
Not necessarily. I've been watching the 2021 Morgans and SAE as I have a bunch coming up for sale. I didn't spend the extra $ to have any special label or designation. From what I've seen, these special labels/designations hasn't consistently produced a higher sale price. In fact, several times those with these labels sold for less than standard labels. -
If you had planned on collecting them, why didn't you just subscribe? You'd have gotten one.
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Since NGC graded this counterstamped Ike: Will NGC grade these counterstamped Israeli commemoratives? They commemorate the 1979 International Year of the Child.