• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

GoldFinger1969

Member: Seasoned Veteran
  • Posts

    8,699
  • Joined

  • Last visited

  • Days Won

    6

Reputation Activity

  1. Like
    GoldFinger1969 reacted to Zebo in List of coin dealers that got robbed   
    Or you could have been victim of the Ferret!
     

  2. Like
    GoldFinger1969 reacted to World Colonial in Of the 333 million presumably alive and well and residing in the United States today, how many are "coin collectors?"   
    I don't see much correlation. 
    It took me until 2006 to join this forum after "lurking" for a bit.  (I only joined PCGS about five years ago.)  The only reason I knew of it was because I submitted for the first time in October 2005 and that's only because I finally accumulated a decent sized stash that I thought needed to be graded. It's still the largest and most valuable submission I've ever made.
    I assume these message boards are more widely known now, somewhat.  You need to remember only a tiny fraction of the collector base ever submits a coin for grading or participates in registry sets.
    I'm not sure of the percentage that buys coins in a TPG holder but I'm confident it's quite low too.  The vast majority likely do not collect at a financial level where their budget accommodates it.
  3. Like
    GoldFinger1969 reacted to World Colonial in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    This has been discussed before.
    No, I don't think the majority of "grade worthy" coins have been submitted, even from those that are financially worth submitting.  It varies by series and coin since some coins and series are far more likely to be submitted due to the probability of fakes and buyer preference.
    It's a higher proportion for what you buy, but you don't buy the coins even most buyers spending around the same amount do.  Definitely higher for pre-1933 US gold, Morgan dollars, and classic commemoratives.  Still, there may be more 1881-S Morgan dollars out of a holder than in one, just not in the highest grades.
    Look at the TPG counts and estimates in Coin Facts. You can also compare the outdated Coin Facts commentary to the estimates or itemized census.  Right on the same page, it's not unusual to see where (apparently) "new" coins previously not known were "discovered".
    Compare it to other presumably expected to be at least somewhat scarce coinage from outside the US with TPG counts in higher grades which exceeds what most expect.  As one example, I own a 1771 Peru 2R NGC MS-62.  Mintage is about 67K with a value around $2K.  So, it's not real valuable but high enough where it makes sense to grade it.
    NGC and PCGS list 7 MS and 2 AU-58.  I've seen five of the MS (including mine) and one of the AU-58.  It's not a hoard coin either.  It's an outlier for the series, but if this many exist of this coin, it's entirely believable that the potential number for the vast majority of US coins is also (noticeably) higher than commonly known now, especially where the counts are low in similar quality.  Most collectors seem to assume the opposite, like the TPG pops more often overstate the scarcity due to resubmissions.  They believe this because of their own unrepresentative experience, anecdotes from others, and potentially because they want to believe it.
    Compared to the 1771 Peru 2R, only a very low proportion of US coins should be scarcer, approach it in scarcity, or have similar survival rates in similar quality.  It's only not likely or a lot less likely where this type of non-US coin is from a hoard.
  4. Like
    GoldFinger1969 reacted to Henri Charriere in French 20-franc gold rooster   
    To Goldfinger at el.
    Malheureusement, with Johnny Carson, and his Carnak the Magnificent skit gone, that leaves only z to give us professional numismatic advice.
    My uninformed guess is, the size of the Rooster, just under a fifth of an ounce, the French Revolution which ultimately resulted in losing Haiti due to a slave revolt ( and imposing sanctions on them to avoid war) and sale of what became known as the Louisiana Purchase, France its affairs, followed much later by WWI "encourged" hoarding, melting and surreptitious exportation of gold to foreign countries. (If a "sad" emoji appears following this post, I am sadly mistaken in my assessment of French gold.)  
  5. Like
    GoldFinger1969 reacted to World Colonial in Of the 333 million presumably alive and well and residing in the United States today, how many are "coin collectors?"   
    There are also differences by ethnic group and the proportion of the population represented by these groups has increased.  It's evident that the participation rate by many currently defined ethnic minorities is effectively zero, unless someone is now going to tell me that there are really large numbers of these people collecting coins from another culture at "meaningful" financial levels which I do not believe.
  6. Like
    GoldFinger1969 reacted to World Colonial in 100 Greatest U.S. Coins, Book.   
    I bought the first edition, I think.  I haven't looked at any new ones.
    The main critique I had of the one I own is that it has too many die varieties included of expensive coins.  Yes, these are Red Book varieties, but so what?
    Narrowing it down to now include condition census coins is an absurdity.
    If the authors really need or choose to do that, then it sounds like they are looking for reasons to publish a new edition. Coins don't become "great" from a holder label because it's not an actual attribute of the coin.
  7. Like
    GoldFinger1969 reacted to Greenstang in سوريا   
    Welcome to the forum
    Did you have a question regarding your cents?
  8. Like
    GoldFinger1969 reacted to zadok in French 20-franc gold rooster   
    ...wasnt much else there to hoard, wine n gold...define ur use of the word "french", people or govt or both n then or now or both?....
  9. Haha
    GoldFinger1969 reacted to zadok in French 20-franc gold rooster   
    ...like roosters in paris....
  10. Haha
    GoldFinger1969 reacted to VKurtB in MS-70 Circulation strike   
    Have you escaped the profound idiocy happening at Columbia University?
  11. Haha
    GoldFinger1969 reacted to zadok in French 20-franc gold rooster   
    ...well if u like beefy looking washer women stomping on grapes go for it....
  12. Like
    GoldFinger1969 reacted to zadok in French 20-franc gold rooster   
    ...and lynda carter mite still come to ur house with her lasso....
  13. Like
    GoldFinger1969 reacted to zadok in French 20-franc gold rooster   
    ...her n brooke....
  14. Like
    GoldFinger1969 reacted to Mike Meenderink in San Francisco Mint After the Great Quake of 1906   
    While damaged the mint escaped relatively unscathed. The surrounding area in the immediate area of the mint was completely destroyed by fire. The photos below are originals taken 2 days after the fires were extinguished. Many people died in this horrific disaster. The fires reached temperatures hot enough to melt steel and vitrify stone. It spread so quickly many had no chance of surviving and died in their homes in terror. 
    On April 18, 1906, at 5:13 a.m., an earthquake estimated at close to 8.0 on the Richter scale strikes San Francisco, California, killing an estimated 3,000 people as it topples numerous buildings. The quake was caused by a slip of the San Andreas Fault over a segment about 275 miles long, and shock waves could be felt from southern Oregon down to Los Angeles.
    San Francisco’s brick buildings and wooden Victorian structures were especially devastated. Fires immediately broke out and–because broken water mains prevented firefighters from stopping them–firestorms soon developed citywide. At 7 a.m., U.S. Army troops from Fort Mason reported to the Hall of Justice, and San Francisco Mayor E.E. Schmitz called for the enforcement of a dusk-to-dawn curfew and authorized soldiers to shoot to kill anyone found looting. Meanwhile, in the face of significant aftershocks, firefighters and U.S. troops fought desperately to control the ongoing fire, often dynamiting whole city blocks to create firewalls. On April 20, several thousands of refugees trapped by the massive fire were evacuated from the foot of Van Ness Avenue. The army would eventually house 20,000 refugees in more than 20 military-style tent camps across the city.
    By April 23, most fires were extinguished, and authorities commenced the task of rebuilding the devastated metropolis. It was estimated that some 3,000 people died as a result of the Great San Francisco Earthquake and the devastating fires it inflicted upon the city. Almost 30,000 buildings were destroyed, including most of the city’s homes and nearly all the central business district.
     

  15. Haha
  16. Haha
    GoldFinger1969 reacted to Cat Bath in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    JA likes shiny coins....Big flipping deal.
    I prefer my Saints not look like they spent all day in a McDonald's drive-through lane. 
  17. Haha
  18. Haha
    GoldFinger1969 reacted to Henri Charriere in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    Your complaint will be reviewed when it is received.
    At first blush, it appears you have made your feelings known on a number of occasions.
    However, one cannot help but notice of the five emojis presently provided -- with the exception of two you used in the fall of 1937,.you seem to be partial to the one expressing sadness.
    I was able to conjure 🐓  by simply typing in the word, Rooster.  You may wish to try the same.
  19. Like
    GoldFinger1969 reacted to zadok in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    ...everyone sees this issue thru their own lens...i just go by what i see in the fundamentals, what my own personal experiences show me n from what some of the founders of all 4 of those organizations have related to me...other persons experiences often have personal biases involved...time will tell all....
  20. Like
    GoldFinger1969 reacted to Jason Abshier in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    Maybe so … But if it wasn’t for the two top dogs , CAC wouldn’t have existed . Why doesn’t he accept ANACS coins ? Everyone blows them off , I was once at coin show a buyer asked dealer why he marked his ANACS coin up so high close to PCGS coin … dealer told him the coin is PQ regardless what holder it was in !!! It was a nice coin , but the buyer still demanded price should be dropped simply because it’s in ANACS holder … common kool-aid drinker’s remarks I’ve heard over the years … PCGS / NGC / CACG/CAC are all market grading for their financial gains in the market whatever float someone’s boat so be it 
  21. Like
    GoldFinger1969 reacted to Jason Abshier in CACG has arrived. Loudly knocking. Will NGC and PCGS answer the door? Do you think NGC and PCGS will counter CACG and their "premium certification" services with their own new services or certifications?   
    I know that … they are paid to tell someone if their coin is PQ or within the grade of satisfaction that John Albanese and graders who work for him would like if they had to buy the coins themselves then putting a sticker on it to stands out from all rest of coins that are not beaned … it help create a secondary market within market …. They could of set the bar little more higher get stricter with allowance what being sent to them , just like they didn’t accept modern coinage for CAC evaluation … Right now they are basically running parallel with two big dog grading companies who been around for awhile trying to get a little chip in market …. I get it , we’ll see how they do in near future it’s too early to say how they will fare out 
  22. Haha
    GoldFinger1969 reacted to VKurtB in French 20-franc gold rooster   
    But the St. Gaudens worship lives on forever. 
  23. Like
    GoldFinger1969 reacted to RWB in List of coin dealers that got robbed   
    Here's a little historical perspective - from the ANA August 1920 convention.

  24. Like
    GoldFinger1969 reacted to Jason Abshier in List of coin dealers that got robbed   
    @powermad5000 I’m sure coin shows are now the new hangout spots for criminals to steal coins off collectors or dealers when they leave show at the end of the event …. Everyone becoming more and more aware of this situation involving thieves and criminals …. My Grandfather used collect guns he went gun shows from time to time he knew dealers and they knew him well … one day a couple moved in next door to my grandfather he knew they were drug addicts (he believes they were the one that stole from him but there was no proof) …. He had go on vacation when he came home someone broke into his house stole a bunch of his guns not all of them but they mostly went after handguns however they moved 1 week after that incident … he never did find any of his guns back , he kept collecting bought a better gun safe (vault) as well back then gun safes weren’t popular in 70’s and 80’s most people kept their guns in wooden display cases with glass … 
  25. Like
    GoldFinger1969 reacted to powermad5000 in List of coin dealers that got robbed   
    You are correct. I forgot about those darn AirTags. Good additional point! Something we all should also need to start checking when parking at these shows. Do as best you can a check for AirTags on your car.