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RWB

Member: Seasoned Veteran
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Everything posted by RWB

  1. Held over a fire or in an oven. Nothing unusual except for the scammers trying to sell these as "valuable errors."
  2. This is something most would not expect to find in their normal packet change nickels. We'll give it a couple of days before posting the material and reason for its use.
  3. If located, you will receive an FDC piece. Since the definition of "MS-70" was omitted, you might also receive a coin the a hole in it.... Talk to Quintus about this -- he's dealt with it before.
  4. "Artificial Intelligence" (AI) is no better than the data to which the system has access and the validity of rules of operation. Quality assurance systems in manufacturing has long been far more accurate, consistent and reliable than human "grading" in most situations. However, TPGs have never made the development investment to adapt existing technology to what they claim to do -- assess the "condition" of coins. This is similar to their rejection of empirical research and scientific method in their "guesses" about unusual specimens. Frankly, institutionalized ignorance might increase the number of submissions as submitters try to out guess the TPG "experts."
  5. The US Mint is capable of making coins of equal and better quality than the "old timers" made a century or more ago. But --- it appears the only one who can make that happen is the director.
  6. There are consistent legal and moral obligations to disclose all material facts and conditions when selling somethig. Period.
  7. The item might be a printed sheet produced by NGC and individually signed by Mr. Uram. The signature on every item would be slightly different if individually signed, and I doubt NGC would misstate this. It's not clear to me how this might have any meaningful value, or how it could be displayed along with the (ugly) coins. [EagleRJO - I was aware of attempts to have these imitation dollar coins made, but declined to support them without clear requirements to equal the 1921 Peace dollar design in all respects; I felt the 1921 Morgan dollar was, and remains, unimportant.]
  8. That's what the FTC suit is about - failure to disclose fees, misleading and false information.
  9. Nondisclosure of material facts, however, is fraud.
  10. Diagnoses: Ordinary circulation damage and discoloration. No numismatic value at all. Cure: Spend them. Preventive Therapy: Stop watching Goo-Tube coin videos.
  11. Yep. Good judgement. How would the OP describe and illustrate this slabbed coin?
  12. Must get hot in those long black robes.... Are the gavels used to knock holes in glass cases to get a better view of the coins?
  13. Look on the internet for auction sales at CNG and others. Not clear if your coins are real of fake.
  14. Nope. The alloy was brought up to US Mint standard by adding pure copper, and the resulting ingots were chemically identical to 95-5 used in 1942 -- a trace of tin added to meet legal requirements. [See the book United States Experimental and Pattern Pieces of World War II for facts.]
  15. The small images suggest the assigned grade is correct. Tarnish, unless it's really bad, has little effect on ancient coin grades. I don't know what is included in the additional service -- maybe they'll tell you which mint was used. "Lifetime attribution" has no meaning to me -- how does NGC explain it? (The coin in my post is graded FDC.)
  16. Noting is misrepresented -- unless referring to the connection between an ugly dog and a trained working dog reactions. Did Quintus Arius write this one for you?
  17. According the the article the people named were paid by the "gold IRA" frauds for their endorsement, and that was aimed specifically at a vulnerable population. I have no involvement in any aspect except to point out the abuse as it relates to gold coins and medals. Analogous situations exist for other products such as "brain supplement pills" that are chemically impossible, but targeted to the fears of old people (per FTC suit).
  18. I see no "rainbow" toning in the photos, merely common tarnish. With a grade of VF the implication is that the coin was dipped and allowed to tarnish naturally. Only an FDC coin would have original color.
  19. Overlaying three-cent nickels was an internal Treasury and political argument. One group, including Director Pollock, felt that except for the cent and expedient 2-cent, all base metal coins were temporary substitutes for existing silver coins. Once specie was reintroduced, base metal coins would be abandoned and replaced with 3-cent silver and 5-cent half dimes. The contrary view, by Snowden and others, was that the dime (or even quarter) should be the lowest denomination silver coins, and that base metal pieces offered advantages in convenient size, resistance to abrasion, and seigniorage over silver. Further, Joseph Wharton felt that base metal convenience in size would outweigh the inconvenience of tiny silver coins for small denominations. Three cent CuNi coins proved to be more popular than 3-cent silver, and the public used them as replacements, not temporary substitutes. A 5-cent CuNi received the same reception. This led to elimination of half dimes and 3-cent silver in the Act of 1873.
  20. This should be an interesting topic that is unfamiliar to many. The following might help with the overall approach and its origin.
  21. [The one on the left looks like it has already been through the "maggot" test...and failed.]
  22. Damage and normal abuse. The cent was 95% copper in 1944 and easily discolored.
  23. Because you have evidently already gone through the coins, posted some of these coins for sale on "Etsy," and assigned ridiculous prices, it's difficult to know how members can help without becoming involved in your selling operation. Since that is not the purpose of this message board, consider offering your coins, accompanied by GOOD photos, on the Coin Marketplace forum. (Personally, I don't feel you are being completely forthright in your comment "getting ready to sort through." Seems you've done that.)
  24. This is funny..... https://www.bbc.com/news/av/world-europe-66379987 Police dog after sniffing laundered money....?