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Posts posted by gmarguli
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A quick acid dip will turn many red copper coins to gray. Very possible that is what was done here. Look at the reverse of the last pic. There is some red creeping through.
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On 9/7/2021 at 3:25 PM, VKurtB said:
The NGC number of this coin is 6085653-044. Its current NGC Price Guide Value is $40. It’s not a bad $20 pick up. The “-044” indicates it was the 44th coin on a submission form, or probably part of a bulk submission.
PCGS Price Guide is $25.
Recent sales are $19-$22 for either a PCGS or NGC example.
You will very likely not get the coin pictured. The seller probably has dozens of examples and is using this as a stock photo.
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On 9/5/2021 at 5:50 AM, JAnsley said:
Census for this year and grade is only 29 total if ngc online files are up to date so surly this guy doesnt have more than just a couple anyhow. Thats one reason i disregarded the thought of stock photo and thought it may be a counterfeit slab. And hes selling for 10 bucks when vaule guide shows $350. So i was very sceptical especially me not knowing a lot about slabbed coin.
You're confused. This is the SMS version, not the circulation strike version. Census is 2,921 in this grade and close to 300 graded higher. Didn't check the value, but probably under $20.
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1960 Cyprus 5 Mils.
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On 9/1/2021 at 9:45 AM, Conder101 said:
You can buy an unc 1881 CC dollar for about the same as a 2021 CC
Which is crazy because the 1881-CC has a much higher mintage than the 2021...
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Very interesting. Does the book include information on the other 93 genders or is it limited to cis-women?
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Over the last couple months my overseas purchases have arrived extremely fast. I believe all were within 2 weeks and many within a week.
Before this some would arrive in a few days and others a couple months. I purchased twice from the same German seller. The second order arrived before the first order, even though they were placed weeks apart.
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On 8/27/2021 at 6:16 AM, Just Bob said:
Comparing the shadows, it looks like the "reverse" is incuse. Correct?
Yes, the backside is an incuse impression of the obverse.
On 8/27/2021 at 6:16 AM, Just Bob said:I notice a difference in the surfaces of the two sides. Is the planchet polished on one side, or is only the obverse die polished?
I looked at one and do not see any die polish on either side. The obverse does appear more flashy, while the reverse is more matte.
On 8/27/2021 at 6:16 AM, Just Bob said:You said these were all together in a mint holder. Are they now in individual holders? Did you have them graded? If so, what was your reason, and why did you choose PCGS?
Yes, they were sealed in a cardboard and plastic holder. It was nothing special. I removed them and had them graded. I didn't want to leave them in the holder which was made from soft plastic (PVC) that was pressing against the entire front surface of the coins. I used PCGS because I find that they are much more willing to put something unusual like this in a slab and I like their pictures better. They are all in individual slabs.
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Here is something that you don't encounter every day.
The actual commemorative coins were struck in silver. These are uniface obverse die impressions struck in aluminum. These 6 "coins" were in a holder from the Italcambio mint, presumably used to show prospective buyers of the coins what they would look like.
The first 3 are 1968 Albania 500th Anniversary of Skanderbeg's Death set of 5 / 10 / 25 Lekë. The last 3 are 1968 Haiti 10th Anniversary of Revolution set of 5 / 10 / 25 Gourdes.
I have no idea how many of these were made, but probably only a handful. I've encountered the Albania once before, but never see the Haiti set before.
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On 8/26/2021 at 1:08 PM, Alex in PA. said:
Only with those who cannot afford the 'Real Deal'.
They're currently selling for the same amount that generic date MS64/MS65 CC examples sell for.
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On 8/25/2021 at 9:38 AM, Woods020 said:
I periodically get on Craigslist [...]
Well, right there is your mistake. That site is filled with crazies, scammers, and the most clueless people you'll ever meet.
- GoldFinger1969 and Mohawk
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I'm not sure about it being limited to those "exceedingly wealthy", but there are a lot of people who are willing to pay for the best. This is true at all levels. A coin that is scarce in MS67 and sells for $100 may bring $1000 in MS68. No need to be exceedingly wealthy for that.
For big money coins, there are several known billionaires out there competing for the best coins. I suspect it is a large part ego and a smaller part that the price difference is meaningless to them.
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On 8/24/2021 at 8:11 AM, RWB said:Neither coin nor gun will warmly snuggle with you on a cold winter night. Neither can laugh or cry; smile or frown.
I agree. Get a dog.
- RonnieR131, Walkerfan, Alex in PA. and 2 others
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On 8/23/2021 at 6:55 PM, Jason Abshier said:
@gmarguli I have a question is a specimen graded coin the same as a pattern graded coin ?
No.
A pattern is basically a coin of a new design that may or may not have been adopted later. It could also be related to the metal it is struck on, for example the 1974 aluminum Lincoln cent.
Specimen is the term being used for coins that are not normal circulation strikes, but also not traditional proofs. A mint may strike a few coins at higher pressure on polished blanks in order to present to government officials. Or they may take special care in grabbing a few early struck examples for record purposes. Or the coin could be an actual proof, but no record of proofs were kept, so the TPG are calling them specimen instead. And admittedly, in some cases the coin may just be a normal circulation strike, but it exhibits characteristics so outside normal examples (such as squared rims, fully PL surfaces, cameo contrast, etc) that the TPG want to give it a special designation to set it apart.
- zadok and Jason Abshier
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I didn't attend the show, but based on what dealers are saying, coins were on fire and even old inventory was moving. Auctions were bringing crazy money for a lot of stuff. It's clear that there is so much money just waiting to be invested that even so-so investment grade stuff is bringing crazy prices.
Quite a few coins I had bid on and lost 10-15 years ago came up for sale with the disbursement of a collection. I had the distinct pleasure of getting outbid on them again this year! However, this time they were selling for 2X-4X times what they sold for prior. 15 years ago I couldn't afford them. Today, I can't justify the prices. Guess I'll just live without them.
Only thing of interest I snagged was from a Stacks auction, an excessively rare (possibly unique) set of 1926 Greenland specimens / proofs / presentation pieces. Neither Stacks nor the consignor could find any record of another example existing. From what I gleaned while talking to the consignor, this set has been off the market for a very long time. Given their rarity and this crazy market, I expected them to sell for much more than they did.
GREENLAND. Krone, 1926-HCN GJ. Copenhagen Mint. PCGS SPECIMEN-67 Gold Shield.
KM-8. Virtually perfect, this EXTREMELY RARE presentation striking presents razor-sharp designs and fields that showcase alluring gleam due to fine vertical die polish lines. As the only example to have been certified, and the only example we have seen, a potentially singular opportunity to acquire this potentially previously unrecorded issue.GREENLAND. 50 Ore, 1926-HCN GJ. Copenhagen Mint. PCGS SPECIMEN-66 Gold Shield.
KM-7. Struck in aluminum-bronze like the Krone, this issue possesses similar radiance and charm with perhaps slightly more vivid tone. Similar to the Krone as well, this is the only example we have recorded, making it an important item for the collector intrigued by elusive 20th century presentation issues.GREENLAND. 25 Ore, 1926-HCN GJ. Copenhagen Mint. PCGS SPECIMEN-66 Gold Shield.
KM-5. Variety without central hole. Identical quality to the previous lot, only struck in silver-colored copper-nickel alloy rather than the golden-hued aluminum-bronze of the Krone and 50 Ore denominations. Considering its obvious RARITY (this is the only example we can locate), and the technical superiority in which it was produced, an item that should resonate with the collector of 20th centuries rarities. -
On 8/23/2021 at 12:28 PM, RWB said:
All the modern books are copyright. One cannot merely scan and distribute.
Go to eBay. Type in the name of a popular coin book. Add (pdf,digital,download) to the search. Find lots of Russian sellers selling download links. The listings come and go.
There are also lots of free sites online of scanned coin books.
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On 8/20/2021 at 11:16 AM, Mohawk said:Not at all. A PF 70 only exists if a reputable grading service has certified a coin as such. Until then, a coin is simply raw and could be any of a range of grades, but not a 70. Modern proofs seem to range from PF 65 to PF 70, usually. But until you have an NGC or PCGS label that says PF 70, you don't have one.
That's an absolutely horrifying way of looking at things. You're making the TPG the sole arbiter of the grade. By your reasoning, no coin has a grade until a TPG has given it one.
The condition of the coin doesn't change just because someone paid a TPG for an opinion. Shockingly enough, many people can grade as well as or better than the TPG graders.
- Walter Holmes, Woods020, RonnieR131 and 1 other
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Most collectors can't be bothered to learn how to grade / authenticate / detect problems/alterations with the coins they collect. They've given that job to the TPG. Why would they bother to read up on the history of the coins?
Besides, most coin books are awful. Them seem written for parents to buy their young budding coin collector child something to read.
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On 8/16/2021 at 10:29 AM, PluckNine said:
What do you think the coin I posted is worth? Roughly...
$20 if silver. $2500 if gold. I do not believe it is gold. Looks plated.
On 8/16/2021 at 11:19 AM, RWB said:XRF will only show the surface unless used carefully. Jeweler measurements with a handheld XRF are not reliable.
Saw one used at a show by a MAJOR bullion dealer. The coin was silver plated, but the XRF said silver. Twice I have sold gold jewelry where the gun indicated plated, but they were 18K gold.
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On 8/16/2021 at 5:12 PM, ldhall said:
What does this service do and why does it affect buying and selling prices ?
Whether it affects pricing is very debatable. It's very hard to compare one coin to the next. Just to give an idea, I looked up sales of 81-S $ in PCGS MS65. Based on the sales, the CAC sticker adds a 30% premium or causes a 50% loss of value. Depends on the sales.
Nicer for the grade coins have always sold for a premium, so to say a CAC sticker is pointing out a nicer for the grade coin and it causes a premium is a stretch. It's highly likely the coins would also have sold for a premium without the sticker. After all, dealers charging premiums for PQ for the grade coins has been around forever.
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Why did the TPG need to correct the error so quickly? This wasn't some obscure error like D&H-197 has 180 edge reeds, but they listed it as D&H-198 which has 172 edge reeds, that may not be caught in the grading process. This was a completely different coin being listed. It was CLEARLY a data entry error. Anyone who has ever submitted a quantity of coins as seen this happen and it gets corrected along the way. It was almost certainly going to be corrected once the coin hit the grading room. Why not just wait to see if it was corrected? PCGS updates their submission info during the grading process and also lets you see attribution and grades before they ship. He should have just waited.
UNC Morgan Rolls
in Newbie Coin Collecting Questions
Posted
You can buy rolls of BU Morgan dollars easily. They are hundreds of thousands of legitimate rolls of 20 Morgan dollars that are uncirculated that are for sale. No one said they were original rolls. They are searched and most likely put together rolls. If all you want is a roll of a single date of Morgans in uncirculated condition, there are a lot of dealers that will sell them to you. You're not going to find gems mixed in or any rare dates.