GoldFinger1969

I'm not sure about in this forum but over ATS they have had some doozies with back-and-forths by ex-graders and really knoweldgeable folks (not that we don't have them, too, just not in the quantity over there)...about wear, cabinet friction, rub, and friction. It's gotten more prominent and heated ever since CACG came on the scene and some coins went from initial grades of MS to AU under the CACG regime. I've learned alot, but if these experts and professionals can't agree on the definition -- or when it should come into play -- then how the heck can a lowly peon like me figure it out ?

Really ? HA too ? I would think they wouldn't accept large consignments because they don't want responsibility for them...it also might "cheapen" their brand...but if someone was a collector and had dozens or hundreds of certifified coins....I would have thought HA and GC might allow a few raws to be sold by them as an exception to the rule. Caveat Emptor, of course. No distinction between raw bullion vs. raw numismatic coins either, I presume ?

I haven't seen that, though at times seeing the imperfection on normal-sized 69's is VERY tough. A bit easier on those 5-ounce coins.

That's one of the things I LOVE about this hobby. Focusing on large-size U.S. coins -- Double Eagles, Morgans, etc. -- I have expanded my knowledge about the financial and economic times they were utilized. Maybe it's good that the more expensive coins have the more expansive history and stories behind them....it gives you time to save up to get more $$$ to buy your next one !! Seriously, for those coins involved in the gold and silver escapades of the Unite States, as well as their prominence in international trade, banking, and hoards....you have some great stories. Let us know if you pursue them.

Die breaks, die lines, die chips, die collapse -- were certain coins more susceptible to one or the other defects than others ? For instance, a large Double Eagle or Franklin Half vs. a Lincoln Cent or Roosevelt Dime ?

Where do you think this supply is located ? Is it stored in closets like my younger cousins 1980's and 1990's baseball cards ? Was this a case of they simply struck too many of these things and there's an endless supply like those mint and proof sets that we all got in the 1960's and 1970's ? If the holders of these coins are NOT numismatists...if they don't follow trends....then couldn't this supply take DECADES to come out as individuals (accidentally) learn it is/might be valuable ? Or their estates liquidate ? Or their heirs do ?

You guys think this pattern is accidentally in someone's collection ? Or that someone knowingly has it and doesn't want to divulge ownership -- maybe beause he/she thinks it will be confiscated ?

Do we have an estimate of how long they suspended work ? Are we talking weeks....months....what ?

It might not be a markteting success, but I don't think it's "one of the most horrific errors in the history of numismatics." Not by a longshot. Didn't NGC have a Green Label program for some other submissions a few years ago ?

Well, this isn't a commemorative like my other post but I'm not spending this to get $50.

Is that necessary today with 27" Hi-Def monitors available for $200 ? I get that you didn't have that option when they filmed "Marathon Man" with Laurence Olivier and Dustin Hoffman in 1976, but you get realistic pictures without the cost.

Is this a PCGS production only, or joint with NGC ? You're more likely to see liberally graded Liberty Head DEs over Saint-Gaudens DEs, IMO....especially for the dates with scarcity.

From Doug Winters Blog: "....Considered as a whole, the biggest losers among the entire Liberty Head $20 series were neither the rarities nor the common dates - they were the issues in between, i.e., the better dates, but not the best dates. These include several of the T1 $20s and the relatively more common Carson City issues. These scarce-but-not-rare issues were the ones that were most heavily “Fairmonted.” For the most part, the prices for the rarities did not respond at all to the appearance of the double eagles from the Fairmont Collection. This is, perhaps, no surprise, as it quickly became evident that there were few, if any, of the important rarities among the Fairmont double eagles - for example, there were no 1854-O, 1856-O, or 1861 Paquet reverse coins."

Any new thoughts on CACG grading ?

$2,240 today on the COMEX...new high....what was a spike in price a few months ago today is easily surpassed. Super-bullish longer-term. I think time-wise we are about 1974 or 1975 with years of higher prices ahead of us. The SLOWER and more INCREMENTAL this bull market, the longer and higher it goes, IMO.

Do we have a picture of this defect ?

Don't tell me he didn't have insurance !!??

It's easy to take the bulk of the value -- 80% of the value is probably in 20% of the coins, maybe 10% -- and just put them lying down in a few steel safe shelves. NO WAY if I had a jewelry shop I wold leave that stuff out....I realize you can't do that with everything but it's worth it to spend 15 minutes putting away the expensive stuff. JMHO.

NYPD cop got killed last night on traffic stop...perp had 21 priors. Yeah, crime is down.

Link ?? Story ??

Hmmm.....everything I have read with global trade -- including lots of Roger's stuff -- implies U.S. coins were dominant or at least co-equal with British coins. All these other countries were hoarding U.S. coins and DEs, not sovereigns for the most part. OTOH...when James Bond needed gold coins in his briefcase in "From Russia With Love" they did put 50 gold Sovereigns !!

Yup, another thread on this here.

But the Eagles -- Double, $10, 1/2, 1/4 -- I would have thought those were toughter to counterfeit back then since the technology was limited.

"Sampling" must be tightly controlled if in a commercial setting as the music rights issues with "The Wonder Years" and "WKRP In Cincinatti" took years/decades to resolve. Some artists never consented so they had to settle for about 95-97% accuracy. I don't know why it has never been an issue in the movies....they must get a in-perpetuity license.

Should have showed up 5 years later...stolen some 1927-D's...and buried them for 97 years in what would have been my backyard.