MarkFeld

There’s a huge difference between standing behind the coins they sticker and making markets in them.

That’s a misconception, which I’ve seen repeated many times. CAC makes markets in some coins, but those markets comprise a rather small portion of the categories/coin types, dates and grades they sticker. That doesn’t mean they won’t make an offer on a CAC coin, if someone asks them to. But they certainly don’t make markets in anywhere near all coins they sticker.

And a CAC sticker doesn’t necessarily mean that “JA and friends would like to buy your coin”. Everyday, CAC stickers numerous coins that they’d have very little or zero interest in buying.

If it’s gold, not stolen, not lost and not in the hands of a clueless seller, sure. But ask yourself why it’s only $100. Something is obviously very wrong.

I’m not convinced that the coin’s genuine and unless you can be certain that it is, it would be unwise to buy it. There are professionally graded examples of various grades, which are widely available at reasonable prices. So there’s no need to take an unnecessary risk. But if you want to buy an ungraded one, make sure it’s from a well established seller with an excellent reputation.

The two pictures look very different and neither one provides a particularly good look at the coin. The obverse picture had me thinking that the coin was probably genuine. but the reverse picture gave me pause.

He and I have had a number of disagreements and verbal skirmishes, but I have only positive things to say about the quality of his research and writing.

That’s true about numismatic research. However, I don’t know of any other numismatic researcher or author who provides as much information - not just opinion - as RWB.

We don’t just sell them, we buy them sight-unseen, as well.

Both.

Not true about no one buying sight-unseen anymore. Among other things, Heritage buys and sells large quantities of gold coins in various grades, essentially every day. And I’m sure we’re not the only company that does so.

They are tiny tokens (not rare coins) of very little gold, by weight.

Sorry, I don't recall, if I even knew in the first place.

While it would be great to be able to buy coins sight-unseen without any worries or disappointments, nearly everyone knows that's not reality. And in this case, the issue is quite easy to see and very different from what you described for the Two Cent Piece above.

That sounds way too high to me and I see that Kentucky Mike has confirmed that. Where did you obtain the figures you posted?

I was grading at NGC at the time the 1908’s surfaced, so I saw very large quantities of them. If I remember correctly, they were initially submitted to NGC for grading before any of them eventually made their way to PCGS.

Because it was made that way at the Mint.

Quit presuming and look it up. And I don’t know that the relative populations necessarily answer your initial question.

Define “that much better”. But it’s hard to imagine a definition which would lead to a “yes” answer to your question.

No need to single out toned, PL and DMPL examples. Most Morgan’s - including untoned pieces -and for that matter, other types of coins, have enjoyed significant increases in value during the past year or two.

No.

I understand that’s where the date comes from, but like it or not, it’s unknown when the coins left the Mint. There’s no need to keep bringing up Roger’s name. I (and maybe even you, too) know of well respected, highly knowledgeable numismatists who believe that the coins were legally exchanged and well before 1937. I’ve said what I had to say, so leave will many, if not most of the subsequent posts, to you.

I just looked at the provenance section (again) and I don’t see any proof regarding when the coins actually left the Mint. If it were known when that occurred, presumably, there would have been a report of missing coins at that time. That is, unless there had been an exchange, for which there is no record. Additionally, I seriously doubt that the cashier would wait approximately four years after he first had access to the coins, to steal them, exchange them or otherwise get them into the hands of Switt. For the record, I don’t care about “rare gold” any more than I do rare cooper or silver.

I looked at the catalog description of the lot (linked below) and must have missed the part about when any of the coins are known to have left the Mint. Please quote that part for us. Thank you. https://www.sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman/the-1933-double-eagle

I looked at the catalog description of the lot (linked below) and must have missed the part about when any of the coins are known to have left the Mint. Please quote that part for us. Thank you. https://www.sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman/the-1933-double-eagle