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Posts posted by Numismatic, A.A.S.
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On 1/15/2022 at 6:32 PM, Coinbuf said:
I can see how this may rub some dealers the wrong way, just as the decision to eliminate PCGS coins from the registry a few years ago hit a sour note with many collectors. But as I think about this it seems to be no big deal for any dealer that spend over $1300 a year. That is right around the breakeven point where the %15 discount on grading fees covers the fee. So yes for a dealer that spends less than that each year it may be a turnoff, but for those who do or spend more the 15% grading fee reduction will save them money over the year. Easy to support a company that is saving you money.
This is important and right on IMO..
Good Point!!
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On 1/7/2022 at 5:24 AM, Fenntucky Mike said:They probably didn't think that there would be an army of individuals looking for miniscule doubling, these minor DD's could be within acceptable tolerance as far as the U.S. Mint is concerned. How many of the now 20 for this date and mint mark would NGC or PCGS recognize? Zero. Still a good find though.
I have noticed more collectors, YN's and a few people I've worked with getting into this...just yesterday two split some boxes of rolled coins from 4 different banks...maybe there is value financially? Maybe just enjoyment? Very excellent point in how many TPG would recognize...Personally I am excited for new discoveries and enjoy figuring out which is the Rarest...Congrats to all involved!!
- GBrad, RonnieR131 and James Zyskowski
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1807...wholesome looking then yes...Proof Mercury available
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I have a few different ones, exactly like one shown here and 2 more, I am searching my stuff ASAP. I sold one a few years back. The best one I have came from a Dealer in Texarkana.
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On 9/19/2021 at 2:12 PM, GBrad said:
I'm glad we agree on one thing at least, albeit I wish it was the other way around my friend . By no means would I ever attempt to push my religious beliefs on anyone or 'shove it down their throat' as so many people do at times of which I am not a fan. I'm definitely not a politically correct person, never have been, never will be, but that is just me. I respect all walks of life, thoughts and positions. All we can try to do is the old proverbial saying, "You can lead a horse to water, but you can't make it drink...". Not trying to do that here but it's just a saying and a thought I try to implement in my daily life. I will no doubt keep you in my thoughts and prayers Mohawk.
Thoughts and Prayers for All Brother...
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Might have to check mine...very cool...
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It was a No Go.
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On 9/11/2021 at 1:40 PM, GBrad said:
I'm SO glad you were the last post before mine @Quintus Arrius, how fitting! I just received my 2020- (S) Silver Eagle-Emergency Issue ((( "BIG PARENTHESIS" Quintus!!! :))) I have now redeemed myself...... . Couldn't be happier and I felt the price was very good as well.
I like yours. This one's mine...milk spots on mine though...
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On 9/16/2021 at 11:58 AM, RWB said:
Are there discernible striations (as made) I think I see them in the field? Common on business strikes from Civil War Era but on a Proof I'm not sure.
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On 9/16/2021 at 4:57 PM, MarkFeld said:
And most classic Proof coins exhibit some degree of hairlines. In fact, in a great many cases, the extent of hairlines largely determines the grade.
I have experienced this over the years and remember a costly lesson on hairlines...thanks Mark.
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Seen but passed on it. I would like to own it.
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PMD...post mint damage....(after it left the mint it was damaged by environment more than likely)...
I'll post a picture of one like yours I have but it has a copper like swirl color from environmental damage, it really through me off when I saw it.
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On 9/13/2021 at 8:56 AM, Mr.Bill347 said:
Except that now that the Type 2 is out the old style will go up in price
I agree, they are already now. I have only seen a decrease in ask on the minor strike thru errors (where you go looking for this little spot on the obverse usually and can barely see), that said, will the Proofs be affected in price? Which tide will rise how high?
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On 9/12/2021 at 8:41 PM, J P Mashoke said:
I have a plastic tray with a paper insert to keep the scratches off the tray and scale. Scratches will hold dirt after a while .
You just reminded me.....I totally forgot....I better look at our larger one too. Thanks man.
- kellyt and RonnieR131
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The picture I posted is an Example of Machine Doubling..Even though it's a 1983 Lincoln Cent it is still just MD, Not the important one.
The important one I think is DDR-001 1-R-IV.....I think that is the one you were looking for...My journal Log shows I have other 1983's but they are not DDR's...I might have a picture of one I sold.
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On 9/12/2021 at 7:31 AM, J P Mashoke said:
I wish I could that would be cool.
I wish I could also, Gets me into trouble then I'm selling duplicates or selling what I thought I'd keep...
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- Alex in PA., Rummy13 and Mr.Bill347
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On 9/6/2021 at 9:18 AM, Quintus Arrius said:
@Numismatic, A.A.S. You bring up a good point which behooves us all to equal or better it. If someone were to ask you if you could ever possibly be the victim of a scam such as those that seem to afflict the elderly and infirm, intermittently, involving the loss of their entire life savings, you would likely state with no equivocation that such could never happen to you, correct? But the simple truth of the matter is the practiced scam artist has had an abundance of time with which to hone his craft and with a heightened sense of smell to vulnerabilities such as indecisiveness and vaccilation, chooses his weapon from a vast array with great care and strikes with precision.
As it takes two to tango, he is powerless against the educated consumer with a strong resolve against those appealing for his complicity as dictated by common sense, logic and similar prior experience.
Your state lottery says, You have to be in it to win it. And I have no opinion on those who do so long as they understand what gambling and casinos are in business for. I believe the vast majority of winners are the ones who stay out of them. Nothing is guaranteed in life but you'll do better if you take your time, familiarize yourself with the subject matter and deal with reputable sources with a proven track record of success. And since it is difficult for a simple person with simple tastes to win big consistently, you can always modify your expectations and learn how to minimize your losses. Very often you can come out ahead by doing absolutely nothing at all but walk away. 😉
Thank you for explaining. I get you. I would not Of'Course be cool scamming people and some things have happened to me like that. I was explaining to Kurt about the large amounts of proof sets and silver commemoratives I was part of selling to dealers and directly, at the shows it can move fast and looking back now I realize where it went...telemarketing, mass sales, QVC..I totally relate to the Casino thing as I stay clear of that unless a coin show there, gambling involves loss of money so I don't gamble...But I do struggle with a drink so I imagine we have to understand what those places are in business for (like you wrote above)....peace
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On 9/6/2021 at 12:31 PM, VKurtB said:
I do include the wholesalers in my mini-rant, at least. And that includes at least two ANA “Dealers of the Year”, probably more.
You are definitely ahead of me in thought...I sold a few hundred proof sets, almost 300 Lincoln Commemorative proof Silver dollars and other runs at shows to other dealers and especially in Mississippi I got an education about where those go..everyone really was selling what they had, I brought the sets cuz it was pre planned like the others. A couple well known dealers bought all of us had...I didn't ask but was told it was telemarketing and QVC guys had connections, ( I know this is just a small part of coin world that exists) but I figure I contributed to that insanity. I wasn't complaining during the 2014-2016 show circuit period to get 10% over greysheet, probably still didn't help the hobby, where the sets went anyway.
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On 9/5/2021 at 9:56 PM, VKurtB said:
The only thing more abundant than stupidity in this hobby are the con men ready to take advantage of it.
Strong statement, not that you considered the dealers and influential persons involved in that process.
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On 9/5/2021 at 4:50 PM, Coinbuf said:
@RWB is correct that all these special first strike this and first day that is almost all just hyperbole used to sell to the uneducated QVC type buyers. It all means nothing, just marketing and a way for dealers to sell multiple examples of the very same thing to the very same customers. From what I've said some may think that I'm "dumping" on or that I consider the buyers of these labels insufficiently_thoughtful_persons, that is not true at all. I have no issue with anyone that buys these coins, I just want them to be educated about what they are buying so that they are not paying a premium price for non premium goods.
It is not that dissimilar to the use of the term "error coins" most of which are not errors at all but rather just damaged, mangled, coins which if the mint had good quality controls would be retrieved and melted for scrap. But it is much easier for a dealer to sell a coin called an error than a coin which is referred to as damaged, thus the market for damaged junk was born.
Unfortunately the hobby is, and always has been, full of traps, pitfalls, hype, and outright boldface lies. That is why education about how coins are made is so valuable to collectors, if you know how something is made you can then be in the position to know when your leg is being pulled.
On 9/5/2021 at 7:29 AM, Quintus Arrius said:Uneducated QVC type buyers...? I need more clients like that.
V75
in Newbie Coin Collecting Questions
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I totally Love your coin!!!...I commented before that I had found one EF scratched and had bought one really nice AU 58 or shot 60 so, after seeing your posts I have been searching for this quarter through so much and finally found it with my Planchet errors and clashed dies...
Crazy thing, in Texarkana, spelling? Texas I met a dealer who bought a few from a friend who first showed me, I at a later date bought his collection and added to the spitting Eagles I have found over the years.
So not to start the argument...this started as a cool cheap thing and to each his own. I own many in various grades and conditions. This is one of AU ones. I like yours also. I'll attempt a better close up pic.
Thank you for the Trip I took on this it brings back memories of great times, coins like these to go next to the Gold and Silver ones, I put them together like in their own groups and things, I Love them All!! .......Peace