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bstrauss3
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Posts posted by bstrauss3
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On 12/17/2023 at 2:19 PM, VKurtB said:
Me neither, but if I ever found an NGCX holdered coin that I wanted (a lonnnnnnng shot, but possible) I wouldn’t hesitate to buy it, because I intuitively understand the equivalent grades. I might want to get the slab autographed by a clueless MBA from a private equity firm, though.
Where are you going to find one of those :-)
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Won't be peak until you have MS-71, MS-72 &c
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There are over 280,000 NGC listings right now.
As pointed out upthread they are accepting - still only from a small # of bulk submitters - classic coins.
To Henri's comment, yes, but if you squander the initial publicity window, that's something you never get back.
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Legally, the weight should be the old weight until the effective date of the new weight, regardless of design, right? And the arrows are the markers for the changed weight.
The closed vs. open 3 is just a minor design item - the best bet would be for somebody who knows how to find things at NARA to come across a letter explaining it. If only we knew such a chap....
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On 9/24/2023 at 4:57 AM, ldhair said:I'm not a fan of these but I want one for my slab collection. If there are a few hundred already on Ebay, it looks like some like them. It would be interesting to know how many NGC has graded with this new type of grading.
I found a 9.6 (MS-67) ASE off fleaBay for my slab collection. One and done.
On 9/24/2023 at 4:28 AM, VKurtB said:If you like the scale of grades for sports cards or comics, buy sports cards or comics. All the “pretty boy suits” working for a venture capital firm you can assemble can’t make these hobbies combine. Stop it! It was a dumb idea.
OMG Kurt said something I agree with... can anyone check the forecast for H E double Hockey Sticks for me? I forgot my ice skates...
- Henri Charriere, USAuPzlBxBob and Coinbuf
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Talked to a medium-sized dealer at the show yesterday (Grapevine). He said "poof". Now he doesn't sell a lot of bullion coins, but NOBODY at the show (Grapevine, a 70-table regional) had any for sale either.
He also said that opinions on the CACG slab are running 60% negative, 40% positive. Common objections are size and it doesn't fit in existing boxes.
YMMV
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When NGCX was introduced, there were a flurry of items for sale on eBay. I looked recently and there were only a few hundred listings.
Did the market vote No?
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On 9/14/2023 at 6:41 PM, Henri Charriere said:
If any member were to be taken in by this amateurish attempt, that would explain why such scams are regarded as a threat.
It's usually said that it's a reverse intelligence test... they're trying to avoid wasting effort on people who will wise up before sending money.
in fact, the sample given is "better" than the usual drivel.
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On 8/18/2023 at 4:03 PM, Just Bob said:
I assume you are referring to your wife. I am very glad she did not suffer a stroke. A slipped disk is bad enough, but a stroke can be devastating.
Cat actually. 18 year old Calico. She's recovering nicely, walked upstairs today to complain about something I didn't do and then trotted right back downstairs.
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Continues to show the fallacy of trying to maintain a fixed gold:silver ratio and argue with the market.
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On 8/13/2023 at 3:59 PM, VKurtB said:
It is. That's Pat McBride in Ben Franklin costume. There was also an Abraham Lincoln and George Washington. The Lincoln impersonator in still trying to get me hooked up with his agent as a "Robert R. Lee". Every time he passes me he calls me General Lee. I assume he's not referring to the car.
Oh dear ghu, if you start running around in Daisy Dukes, the apocalypse is surely next week!
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I was only able to attend for about a day and a quarter as I had to return home for a medical emergency. She's fine - wasn't a stroke, it was a slipped disk.
Anyway @VKurtvB I'm actually aware of seven sample slabs...
Participant, finalist, and winner in Adult and YN
The Enhanced QR code.
Pics and permission to use for the Sample Slab book would be appreciated. Although ANA WFoM missed the 31 March 2023 cut off for the 3rd edition so it's not urgent.
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That's not how it's generally reported.
A gold bean means the coin is solid (A or B coin) at the NEXT grade level.
CAC ignores + and *.
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I found a very similar image for sale at one of the cheap stock photo sites. I didn't bother to search for the exact one (I thought I had found it, but my peeps corrected me ATS).
The site costs $25/month for up to 5 photos.
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It was reported at the time - weeks ago. I sent the article to my relatives.
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On 4/15/2023 at 1:45 PM, Jason Abshier said:
@powermad5000 that’s exactly what I trying to say does really matter what “value” of a coin is when you submit it ? Not really ! A coin is supposed to be graded on it’s condition not it value … that’s where grading companies are making market grading instead of conservative grading … if I submitted a $100 raw Morgan , and you submitted $400 Morgan but you had had to pay more $$$$ just to have your coin graded out at MS65 … I went with lower tier for my $100 Morgan it also came back MS65 … Did the raw value really matter ? Is value is what determines your grade or my graded coin ? Did the grader see the guy who sent in $400 Morgan must get MS65 since he paid more ? Is grading company buying the coins off us ?? Nope … both our coins are put in same plastic holder , both our coins went through the same grading process to get that grade … I don’t see whole point in all upper tiers why not just have it simple one price for whole “classic coin” tier … at end contact sender let them know all coins graded out to be so they can be charged insurance on shipping that’s it …
You are missing the most important points.
1. If you undervalue there is a significant chance they will charge you the higher price. You agreed to that in the T&C.
2. If you undervalue and they don't catch it, that puts a limit on the insurance that is placed on the coin(s) in shipment and limits the payout if they are lost, stolen, or damaged.
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PGA is garbage ... they're being sold in current auctions referencing PCGS' price guide. A PGA MS65 is not a PCGS MS65 - and you can see it in the auction prices... "Price Guide $4,500 ... sold for $500" which is probably still 2x value.
SEGS runs hot & cold. They burned a lot of goodwill when they (SEGS Inc) shut down one Friday and reopened as SEGS, LLC on Monday. No visible difference in the slabs, but SEGS LLC refused to honor the guarantee from SEGS Inc ("the prior company"). They've since been sold to a far less reputable individual.NNC is a self-slabber, who used to be centsles on fleaBay.
PCI was initially reputable, but went through several ownerships and periods of questionable grading... once you lose your reputation, you've got nothing left.
For any company, you need to do some research to figure out who they are and roughly when the coins were slabbed to begin to figure out if the grades are even in the same league or not.
- Jason Abshier, World Colonial and JT2
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On 4/6/2023 at 3:56 PM, J P M said:
Here is a slab. It was given to me by another collector as a joke, he knows I like MS nickels. MS 70 is very rare in nickels.
For the record, that particular piece of offal comes from a now gone self-slabber called Abon Coins - you can Google them to see that they were shut down by the USSS, FBI, IRS, and Local Law Enforcement for running a steal-to-order ring out of their coin shop.
Quote“The reason we conducted the search warrant is we have been engaged in a multi-jurisdictional wire fraud investigation involving the online Internet sale of a vast array of stolen merchandise,” said Smokey Everett, special agent in charge of the Cleveland field office for the Secret Service.
And of course...
https://www.iannfriedman.com/blog/2015/february/attorney-friedman-reaches-plea-deal-in-abon-rico/
QuoteAccording to the terms of the plea deal, Mr. Bence pleaded guilty to one count of receiving stolen property and Abon Cards and Coins pleaded to the first count of the indictment, engaging in a pattern of corrupt activity. The plea deal dismisses without prejudice all charges against Donna Bence and Benjamin Berry. Sentencing is scheduled for March 19, according to the Prosecutors Office.
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On 4/5/2023 at 10:05 PM, Just Bob said:
INB was a self-slabber who sold on Ebay a while back. Lots of cleaned or circulated coins sold as MS 70, etc. Treat any coins in those holders as if they were raw and possibly problem coins. It may be possible to cherry pick varieties, but be wary of the condition and pay accordingly.
The garbage is still sold on fleaBay in "dealer lots of 100 coins".
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There is also the potential to integrate the slab information with a rich pool of data that could be presented via the website lookup.
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Didn't anybody recognize the Spaghetti Hair from the Washington quarters...
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On 1/5/2023 at 12:52 AM, GoldFinger1969 said:Basically, until the 1850's from what I read (maybe a few years or a decade or two earlier with the transition)....lots of foreign coins, especially gold coins, were basically accepted and traded and used in the U.S.
Spanish doubloons, British gold/silver, etc.
Seems like about the 1830's the U.S. started to steal-back market share.....and then when the Double Eagle and California Gold Rush hit, all the U.S. gold coins really took off. By the late-1800's, I doubt anybody NOT using paper money was eschewing U.S. gold or silver coins for foreign.
The coinage act of 1857 (http://memory.loc.gov/cgi-bin/ampage?collId=llsl&fileName=011/llsl011.db&recNum=184) was the turning point. Until then, the Treasury, Federal offices, Post-Offices and Land-Offices received AND paid out non-Federal coinage at par or based on published tables. The "Spanish" (Mexican) Dollar was a dollar, just like a Federal coin. The act imposed a haircut - a Spanish dollar was now 80 cents Federal. And they were not paid back out - instead they were sent to Philadelphia to be recoined into federal money.
It was no longer legal for the Federal Government to pay out non-Federal coins. Also of interest is the requirement that the director of the mint assay foreign coins circulating in the US.
You can find these tables in the yearly reports. https://nnp.wustl.edu/library/publisherdetail/51?Year=1920&displayAmt=50.
- Fenntucky Mike, zadok and GoldFinger1969
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NGCX? Where are the coins?
in US, World, and Ancient Coins
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Point: Kurt
BUT I'm pretty sure that type doesn't do something so mundane as hanging around at the "factory" as it were.