zadok

..."almost immeasurably beyond"...voyager 1 did u copy that?....

On 4/21/2024 at 9:33 PM, Henri Charriere said:

             

It gives me great pleasure to confirm the user handle assigned to me by eBay, "ayto-3564," depending on how you wish to regard it, has been retired or undergone a metamorphosis to "Francois Villon"  [FV]. As a practical matter, this means the # 1 ranked French 20-francs gold rooster set on the West coast Set Registry has a "new owner." (As an aside, it also means, if long-standing custom continues, my most devoted and faithful follower shall soon regale the membership with a genealogical background check on who this rascal was, when he lived and how he died. I absolutely, positively shall not vociferously deny any sludge he manages to dredge up.)  Man, I love this place!  🤣 

Postscript:  the Gold Spot Price of the F20FR GR as of Fri. April 19, 2024 is:  $446.72.

(nota bene:  this Topic and thread is posted at the sole discretion of NGC Chat Board moderation.)

..."flies in the milk"....

On 4/20/2024 at 11:00 AM, Fenntucky Mike said:

It's back up for auction, at Sedwick's this time. Let's see how she does on the second go around with a change of venue. https://auction.sedwickcoins.com/item.aspx?i=52420824

Opening bid 7k, estimate 10-20k.

...if has reserve doubt it sells, if not bout same as last time....

On 4/18/2024 at 2:53 PM, VKurtB said:

Truth be told, my actual faves are high end bourbons. Something about the corn in the mash. But whatever I’m drinking, I tend to go top shelf. 

...yep ones u need a stool to get to....

On 4/18/2024 at 12:28 PM, VKurtB said:

PCGS CS is an oxymoron. You can’t put those concepts together. 

...i can tell u r a single malt guy n not a blended fan....

On 4/18/2024 at 6:10 AM, Henri Charriere said:

Granted, dated post where things move at warp speed.  By strict definition, I do not qualify as a collector.  Judging by the number of coins I have in my constructive possession, 24, I am neither a hoarder or accumulator. I do not believe I can even be termed a coin enthusiast anymore. The line of Saints appeals to a certain collector, like set registrants, with a large disposable income or unassigned assets. The above reasoning, set forth as such, comes close as one early can to identifying the type of collector I would envision a Saint enthusiast as being.  In succeeding posts focused on the '30-S low-ball, I would imagine the original owner, acquired it possibly for sentimental reasons as the ideal lucky pocket piece for quite some time, hence, my believe the original piece, clearly devoid of distracting damage, was carried by someone, at the height of the Great depression for no no ther reason than he could. It's too bad his real motive, and that of others prior to the advent of TPGS, is the real untold story here.  Many valid points raised here. A laudable attempt is made to define who collects these coins -- and why.  Unclear as to who "owns" the rights to this story now unfolding on.paralled threads, but it would clearly make for some fascinating reading to those predisposed to learning more about the history of a coin that has captured the minds of a select group of collectors who have realized there are never going to be enough finite pieces with sought-after attributes to supply insatiable demand.

I am truly sorry I missed my calling in life as an unpredictable philanthropist.

...so many words n space to say nothing...sad....

On 4/16/2024 at 10:53 PM, VKurtB said:

I have been awarded a Robert Lecce Scholarship (partial, tuition only) for the Summer Seminar this coming June. The value is $770. Because of the “extras” I ordered, including 3 extra nights room and board, to catch events between the two main weeks, I am spending a similar amount. The Robert Lecce is the only one offered by the ANA to adults of any financial status. The application was almost as daunting as a college application, complete with the essay. 
 

I wanted class #31 - A Survey of 20th and 21st Century World Coins, but that only has two sign ups, so I will most likely be in:

#34 - A History of U.S. Colonial Coins, Currency, and Medals, taught by Dr. Jesse Kraft of the ANS.

Next year, I will be applying for one of F.U.N. scholarships that are offered. Object lesson: sharpen up your writing skills.

...i can read ritin' but cant rite readin'...r u 'llowed to draw pitchers?....

On 4/16/2024 at 1:15 PM, The Neophyte Numismatist said:

Welcome to the boards!!! 

 

IMHO - The leading indicator is mintage, and the lagging indicator is survival.  Therefore, you can have a low-mintage proof that is not really "rare", because many of them were saved.  Likewise, you can have a business strike that is slightly higher mintage than some of its peers, but because these coins were not saved - they did not survive.

How a coin that is not saved becomes more scarce: Think about the 1932-D Washington Quarter.  While I would not consider this coin "rare", it is more scarce than the 1932-S counterpart (which has a lower mintage).  Why?  More people saved the 1932-S.

How a saved coin makes the issue less scarce:  Think about the 1950-D nickel.  Also, not a coin I would call "rare".  However, this coin is a key date that wasn't, because it was saved in large quantities.

Note: One thing that always bugs me in how some collectors talk about rarity is basing the rarity scale in terms of condition.  As stated above, I base rarity on the number of surviving coins available.  I do not subscribe to an R.1 coin being described to me as R.6, because it is at the top of the condition census.  I would always consider the coin R.1, but certainly respect the difficulty of buying coins at the top of the condition census. (I do know that commercial TPGs do mix rarity and condition, but I think this is a mistake).

...survivability factor considerations...known to exist, frequency of availability....

On 4/16/2024 at 1:03 PM, CherryO said:

My luck it wold be three broke people 🤣

...worse yet 3 who already have one....

On 4/14/2024 at 11:29 PM, cladking said:

Here's a really nice coin from Herndon's site;

https://www.collectorscorner.com/Products/Item.aspx?id=65660796

Believe it or not it's the best strike I've ever seen for the date!   As a buyer I'd be a little concerned about the hazing on the reverse but many collectors are not.  

It's a very remarkable coin though they also come cleaner than this.  It's one of the few high grade coins I've seen of the date that's not  blatantly overgraded and is positively among the finest.  It looks a lot like a mint set coins but it can not be, of course.   

...not impressed, its a coin i would pass on....

...straight grade au58....

On 4/12/2024 at 6:24 PM, Henri Charriere said:

My prediction, and I've gotten this on good authority, is you will SELL toward the end of 2025. 

To the OP:  when you posted this topic less than 18 months ago, gold spot stood at or about $1,770 and was up 8.3% for the month (November 1922). Looks like you were onto something.  

I thought some 🐓 collectors would sell to benefit from gains, but that failed to materialize.

 

 

...nope, im still buying...no reason to sell, reason for buying n buying gold isnt to make dollars...dollars r of little to no value....

On 4/12/2024 at 8:24 PM, VKurtB said:

I had some superb gem girlfriends, but the ex-wife was “impaired”. 

...yea but was she a proof?....

On 4/12/2024 at 3:06 PM, cladking said:

One of the things I love most about the hobby is the passion of collectors.  Without other people the hobby would be a lonely place and without passion it would hold no sway over me.  it doesn't matter if they are collecting 1804 dollars, transportation tokens, or rare thimbles it's the passion that holds the hobby together not rare coins or rare baseball cards.  

This hobby almost died in 1995 not because so few people had joined it since 1965 but because passion was sapped from it in keeping new people away.  Everything needs new blood and the exuberance that comes with it but somehow many expect, and even demand, that new collectors buy old coins and others be steered clear.  

The hobby has a new infusion of excitement and we can still shape how the future unfolds but no matter what we do or how we do it it is a foregone conclusion moderns will be hot someday.  The only question is will they become a mass market or forever remain a backwater.  It would be far better for the hobby in the long term if they become as real market. 

...u r going to need a tv shopping network to accomplish that....

On 4/12/2024 at 2:21 PM, VKurtB said:

I still have not cracked open my bottle of Dalwhinee I brought back from Scotland. 

...15 or 18?....

On 4/12/2024 at 2:19 PM, VKurtB said:

I have NO inside information on WHY Denver coins look better, but I can say what it LOOKS LIKE. It looks like a lower throughput speed and a longer die to planchet contact time. Now, that makes no sense. It just looks that way. 

..."lower throughput speed n longer contact time" reminds me of my first wife... she was a ms70*+....

On 4/12/2024 at 2:12 PM, VKurtB said:

This is my wife’s therapist’s office. My surgery is too recent for any PT. They had to go deep on mine. It’s an ouchie. Finding a good position to sleep is a bear. At least I can drive. I’m taking no pain meds so one of us can drive. She’s on some serious 💩. 
 

The stitches come out the 24th. 

...i slept in a recliner for two months...i had to eliminate virtually all pain meds, apparently they tend to do serious long term damage to ones kidneys, perhaps single malts will suffice....

On 4/12/2024 at 2:03 PM, VKurtB said:

But what we DO have down here is guys wearing shirts and hats from one of two major colleges, who possess no obvious signs of having seen the inside of even a high school classroom. Me? An American Numismatic Association shirt and an NGC baseball cap. Sitting in a physical therapist’s waiting room trying to find a position that doesn’t make my incision wound ache. 

...ur surgery successful?...hopefully u have a good therapist, it helps immensely, maybe if u got a cap with a red elephant on it u would feel less pain...

On 4/12/2024 at 1:52 PM, VKurtB said:

NYC is a complete loony bin, numismatically, and in nearly every other way. As for being well-armed, I will bet good money that firearms outnumber folks in my neck of the woods by 5-10 to 1 at least. Just checking the number of visible gun racks in pickup trucks leads me to that conclusion. Every estate sale I’ve been to has guns and an impressive sized gun case. 

...yeppers n everyone i know has more than one gun...we do not have instances of thugs, hoodlums (unemployed, uneducated) roaming the streets n hitting the elderly, women, disabled...here they would be shot n no questions asked...NYC needs a huge vigilante presence, one with a mission of eradication....

On 4/12/2024 at 11:11 AM, GoldFinger1969 said:

$2,424 up $50 today on COMEX.    

There is just a persistent bid underneath the metal.  It goes up regardless of what happens to stocks, bonds, or Fed talk.  

Premiums in Singapore relative to 2011 and 2012 are 1-2% and not 7-8% -- an indication this is not panic buying.  Also, American Eagle coin sales are under 20,000 a month as opposed to 75,000 a month at past peaks.

...okay, okay ill quit buying....

On 4/12/2024 at 8:49 AM, cladking said:

They are mint set rolls.  Most 1968 to 1999 eagle reverse quarter rolls come from mint sets.  Most mint sets are gone now.  

Original rolls are very unusual and some dates have almost no chance of having any nice chBU coins anyway.  Original rolls have little effect on the supply of clads.  

...not what i see...i have not seen any mint set assembled rolls... the only assembled rolls i have seen were rolls of proof coins from the '70s....

On 4/12/2024 at 1:54 AM, GoldFinger1969 said:

The FACE VALUE of that estate of coins must have been several hundred thousand dollars....market value anywhere from 3-20x as much, huh ?  

Hard to believe....you'd never see a 20-year wait on something like that in the NYC area....but I guess Middle America is different.

...no its NYC that is different, nay aberrant n thats being kind...middle america is stable n well armed just in case....

On 4/11/2024 at 4:33 PM, J P M said:

Well maybe the type of metal like nickel, silver and gold help. 

...dont forget collectability....

On 4/11/2024 at 3:12 PM, Moxie15 said:

A few years back I read several articles that all said it rook 6 seconds to grade the average coin. Ten coins per minute 600 per hour 4800 per day. Figure 22 working days means 105,600 per month per grader. Three graders should be able to hit the 259,000 number. 

I wonder how many coins are submitted per month.

...i believe that question was already answered in one of the threads....

On 4/11/2024 at 3:34 PM, cladking said:

It is a foregone conclusion because many of these coins have everything going for them.   Circulating coins throughout history have appealed to lots of collectors which is why we have uncirculated barber dimes as well as ancients.  But we also have nice XF coins from series that became almost universally worn in large part because collectors also saved these coins from further circulation.  Most people seem to think that if they ignore moderns they'll just go away but AG 1889 indian cents don't just go away and neither will moderns despite abuse and neglect.   

Very few circulation issue moderns have done very well since WWII but some have seen stupendous increases not so much because they are "hot" or popular.  Indeed, many catalogers won't even report higher prices on moderns because they believe it offends the "real collectors" for who they print their guides.   Prices when they do increase increase because there is suddenly some little demand.  Thus we see higher prices on things like Chinese, Russian, and Indian coins.  There are many beautiful, historic, and important coins (most NCLT) made in the last 75 years with tiny mintages, even mintages well below most classics and they go begging as well. 

This can not persist.  It's already been 75 years so maybe another 75 years but don't bet on it.   There are a large number of new collectors and the only real difference between old coins and new is their age.    

...give me a list of 10 modern coins, legal tender, lets say after 1964 that r not rare varieties that u believe will appreciate in value, lets say double/triple in the next 75 years....