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GoldFinger1969

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Posts posted by GoldFinger1969

  1. On 10/13/2022 at 1:30 PM, ronnie stein said:

     It definitely opens up a lot of questions. I think this could be good, although he kind of hints that higher end coins will be their main customer base.

    I would guess he's not looking to do re-grades of existing TPGs for small $$$....probably doesn't want to do bulk modern submissions, either.

    Like you said, concentrating on the high-end kind of makes sense, at least starting out.

    Does anybody know what fee is paid for a coin costing $100,000 from the TPGs (approx) ?  What about CAC ?

  2. On 10/12/2022 at 8:31 AM, ldhair said:

    Cool to see this old thread @GoldFinger1969

    NGC may setup something for folks to get together. I missed the past two FUN shows. I'm already booked for this one.  Who plans to come? Dealers, please give us a table #.

    Thanks LD....the main thing I learned is it is SO EASY to chit-chat and hang out when everybody who wants to is in th e same hotel.  That's something I want anybody reading this thread to know.

    Last time, to save $$$, I was about 3/4 mile up the road and it meant much tougher to travel to the hotel(s) where you and others stayed at.  If I can go this year I'll ante up and stay at the place closest to the Convention Center (which also required special bus services to reach).  The Rosen Centre apparently will check all the boxes this year.

    The one good thing about the place I stayed at was they had a good Thai restaurant literally across the street ! xD

  3. On 10/11/2022 at 9:59 PM, Tazcollector said:

    I think all of the recent 08 NM 67 non-CAC trades have been in the $7K to $9K range. 

    Yeah, that's the ball park.  Closer to mid-$7's based on HA.

    On 10/11/2022 at 9:59 PM, Tazcollector said:

    A CAC one traded for a little over $16K earlier this year at auction (don’t think it was Wells Fargo) but I’m aware of private sales a bit higher.  A couple of WF 68s have traded this year for $20K (there are zero 68 CAC out of a relatively large pop–CAC must not like them for some reason since I’m sure many have been submitted given the price point of that coin).

    Rumour is that JA @ CAC is tough on gold and very much so on the 1908 WF NM's.  More so than non-WF 1908 NM's.  So if you have a CAC at the price inflection point it's going to jump the big gap between the 67's and 68's.   So I'm not surprised that the 67 CAC sold for $16,000.

    For a while, no 1908 WF NM's had CACs (other 1908 NM's did), but as Mark Feld corrected me, today lots of the  Wells Fargo Hoard has gotten CAC'ed though not a high percentage of the entire hoard.

  4. On 10/11/2022 at 7:48 PM, RWB said:

    I've considered this several times and with varying rationales. There was never anything close to breaking even....expenses are too high. Plus, my distributor has all the books, and the rights to distributing them.

    I would have to believe they wouldn't object to you marketing them 3 years after publication, but that's just me.

    Don't think of it as a profit-and-loss thing.  Think of it as like visiting the Grand Canyon....something you should experience at least once !! xD

    Sure wish you and FUN could arrange a talk on Double Eagles, Hoards, or even humourous stories and developments with some of the more popular citations involving Saints/Double Eagles. :(

  5. I wonder how much of the interest in Ikes -- and other coins -- is because they were under-collected in the past and are "cheap" compared to other coins ?

    I'm seeing "cheap rotation" in real estate, with higher-end homes getting no interest but lower-priced condos and homes for $150,000 - $300,000 getting interest as the cost of money has skyrocketed in a year.

  6. On 10/11/2022 at 6:00 AM, ivanterror33 said:

    Those were minted in the 1980s. I had those since early 2000s, some were passed down some were bought

    It happens.  Don't let it get you upset.  Has happened to all of us with either gold or silver coins.

    The only way -- er, best way -- is to buy older gold coins that haven't turned and are thus less likely to turn in the future.  I'm kind of surprised your coins turned, since some of them appear to have been pristine when you bought them 10-15 years earlier or more.

  7. Interesting that MS-67 Wells Fargo Saints went up about 50% in price from mid-2020 to earlier this year, from about $11,000 to $17,000.  In that grade it's still pretty common, you'd think that boost would come at the 68 level but maybe it was dragged upwards.

    Do NOT see that price jump at the MS-66 level for OGH or CAC coins, generally about $5,000 and $7,000, respectively.

    Thinking about getting an OGH MS-66 if I can swing it.  If I goto FUN 2023 that'll be my main goal and would probably turn in some regular bullion coins to get the Wells Fargo Saint. (thumbsu

  8. On 10/11/2022 at 7:51 AM, RWB said:

    Have they scheduled the hurricane and flooding yet? Great opportunity to pick up some nice used boat parts.

    Thinking of coming ?  You should bring some of your books and either join a table or just sell them outside and sign 'em.  Probably find some hidden demand especially from those who may not be aware of them or would be more likely to buy direct from the author.  Plus, everybody has $$$. xD

    My astronomy club had a famous national (but local) astronomer/physicist who we wanted to speak for years....could never get him to come even though he was based in NYC most of the year....then about 15 yeas ago he just kinda invites himself to the event....we couldn't figure out why he was so gung-ho to talk...we didn't have the main lecture rooom available, it was booked....no problem he said....he'll talk in the gymnasium area....we wanted to delay him a year and give him prime billing but we didn't want to upset him...turns out he had a book out that year....brought about 200 of them and made a few thousand bucks that day.  (thumbsu

    At least he came to the dinner that night ! xD

     

  9. FUN JANUARY 5TH - 8TH, 2023:  The 68th Florida United Numismatists Convention is less than 3 months away !

    I know a few people are going....last time these FUN threads were really active was right before FUN 2020, the first and last FUN show I attended, just before Covid hit.

    I'm hoping to attend but not 100% sure myself.  I thought I'd bump this sucker so we can gauge who is attending and coordinate our stays so we are in the same area/hotels to make it easy to meet away from the show itself.  I believe the Rosen Centre is right across from where the show is being held (not sure of any other close hotels, I'm gonna research it).

    Hopefully, whoever attends amongst us can meet up.  I know if I can get there that'll be my main reason for going as unlike FUN 2020 I won't be bringing a nice stash of cash. xD