GoldFinger1969

Some of our veteran collectors here might know otherwise, but I am unaware of foreigners showing ANY interest in ANY U.S. coins, including Saints. Now, they might be buying GOLD and maybe a few people here and there bought U.S. bars, modern bullion coins, or some pre-1933 U.S. gold. But I see no major trend, no. Real estate -- residential or commercial -- is for income and appreciation which is much different than spending big $$$ on a hobby.

QA, what prices are you referring to as "stampeding" ? I can tell you the bubble in SPACs, NFTs, crypto, and other "new" assets has been wiped out. Prices down 50-75%.

I think there's a way around that as explained by Mark and Coinbuf.

There are plenty of studies which confirm that the Green stickers DO create a premium price (rightly or wrongly). And while viewing coins with a sharp eye pre-CAC might have resulted in the 3 price ranges you cited, it's debatable if the high-end premium was as high as you state. The price range might have been $800, $1,000 and $1,200. I don't think anybody doubts that there are more ways to occupy oneself as a teenager today than 30 or 50 or 70 years ago. It's self-evident.

But I think JA acknowledged finding quality graders right off the bat will be difficult, no ?

Speaking of beans....anybody here seen any Saints with a Gold Bean ?

Haven't seen ANYTHING mentioned -- and I scan all over -- about foreign $$$ moving up U.S. coin prices. Just a lagged reaction to the bubble with baseball cards, crypto, and NFT crappola (apoligies to one A. Bunker ). It is also the lower-priced stuff that has made the biggest move, stuff costing under $500. Then the high-end where the super-rich play. The broad middle has moved up but nothing extravagant.

Mark, it appears that the new grading service is going to be a niche, focused, high-end servicer of U.S. coins. Would you agree ? Granted, they can always grow to include lower-priced, modern, and foreign coins....but that seems years away.

Hey, Zad, you blew my surprise announcement !!

Excellent question, if you read the BOB SIMPSON thread over at CAC Forums you'd see who us peons are up against. Not that they aren't fine people -- like our own EC (who also posts over at CF) -- they just play in another stratosphere. Investors vs. Collectors....for high-end pieces, sure. When you are dealing with super-wealthy people and billionaires who are -- or could be -- completely price-insensitive, there is nothing you can do about it. Coins that cost 4 and 5-figures 30-40 years ago today cost high-6 figures and even 7-figures....with the high-end going for 8-figures pretty soon (to join the 1933 DE). And the demand for some of the super-rare coins or patterns can be higher than that for the 1933 DE (though the prices haven't eclipsed it yet). If Simpson had decided he wanted the 1933 DE, imagine what it would have cost him -- or EC. At least we can still play in our little sandbox of bullion to low-60's MCMVII HR's or about $2,000 to $20,000 or so. I'll do what I did with that freezing pool my mom used to send me for lousy swimming lessons....I'll stick to the very shallow portion of the pool/coin prices, thank you very much.

Liberty Pattern Judd-1776: This pattern/coin is apparently called J-1776 but also J-1905, I'm not sure why. Anybody know ? I believe this coin is in the hands of either Bob Simpson or the anonymous CT collector who has 3 UHRs. The book says East Coast collecot/CT collector....but maybe it was sold since to Simpson.

It's the nature of society. People used to gather around a radio -- nobody is doing that today. Demands on people's time are much greater today than 25 years ago, let alone in the 1970's or 1950's. Kids aren't reading coin books or spending time at the LCS....they're on the Internet with an iPhone. I agree a rudimentary appreciation for grading and other skills is nice. But others just want to collect and farm out the DIY approach. I don't believe they will be making a market in their own coins, like they did with CAC stickers. More details will come out...and things are fluid...so what they say now could change in 6-9 months.

It's not that....it's that those who do this for a living 24/7 are going to be more knowledgeable than the PT collector who treats this like a hobby.

Considering the value of a CAC bean, I'm not so sure.

1923-D MS-66 purchased at FUN 2020:

MI, just a point of interest....if you do want to know about Saint-Gaudens Double Eagles we have a great thread on Roger's book. You can check it out -- or better yet, buy the book.

I traded in my 6-figure coins for some Woodrow Wilson $100,000 bills. Get off my case !!

Got it....and it's Saint-GAUDENS. Congratulations on your little stash. Nice coins !

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 ?

Nice coins.....Carson City coins have been hot for 2 years now. You can't touch Liberty Double Eagles without Big $$$ or if you really go down in grade for one of the more-populous types.

Who or what is "Bampaw" ??

He says he'll be phasing out the Green Sticker's (beans) over time. Interesting......

Took a powder...or took a shower ?

Yes....so many are now marketing ploys. Excercise caution and make sure you like the coin itself AND maybe the story that goes along with it.

Nice coins !!