Jason Abshier

Very true , on some business strikes tiny pin needle spots don’t bother me much , highly mirrored proof coins tiny spots show up easier it would no longer be a 69 or 70 (IMO) heavily discounted coin unless someone doesn’t mind it can get past it but PF69 1984 Olympic dollar is not a high end coin plenty of them to go around and pick from. I’d just buy a better looking one spot free I’d throw ugly one in the slab box let keep turning brown and ugly waiting for silver prices go up and take it to gold and silver buyer as junk silver no use to even trying to clean or dip a highly mirror proofed coin

Some of modern silver coinage and bullion reminds me of Peace dollars are a victim of the ugly brown freckles scattered all over the coin I don’t know what it with peace dollars I’ve seen tons and tons of them ugly full of brown freckles I’ve only saw a small handful over the years that grew a nice target rainbow on them unlike Morgans probably due to fact Morgans sat in bank vault in bags that contained sulfur over all years produced that rainbow toning

A guy at work purchased a modern 1984-S Olympic silver dollar graded out at PF69 , he showed it to me at work asked me “how can it grade out at 69?” He’s a new collector as soon as I saw it under light I could see what he was talking about small brown specks. I call them coffee ground specks , he learned a lesson about buying online pictures don’t show all details I explained to him at one time the coin was probably bright white they graded it respectfully 69 later it tarnished with specks in the holder over the years nothing anyone can do about it , it’s a reaction that happened at mint when they had to handle and wash the planchets before striking . At least he can return his coin for his money back I don’t know why seller wouldn’t disclose the fact that coin had specks on it , but they accept a return seems like a waste a time shipping back and forth . I’m sure we all see silver eagles and maple leafs tiny speck on coins , I wonder how much someone lost spending big money on MS70’s and PF70’s silver coinage to later find out it developed tiny coffee ground specks all over it. I feel their pain ! That’s one of main reasons why I won’t buy modern silver coin graded at 70

Yeah I was I teenager during that era , I do remember scoring nice coins at flea markets back then with my grandfather there used to be a good bit of coin dealers at flea markets back then as well , just about every mall had 4-5 gold and silver buyers as well as coin dealers everything was pretty much in 2x2 flips back then silver was a hot topic back the. I believe it spiked $40/oz. back then I didn’t see my first slabbed coin until early 1990’s or so ANACS was big in later 80’s going into 90’s if memory serves me correct

I found 2 myself over the last year , one guy I work with puts quarters in candy and coffee machine on daily basic pushes return button then searches through the returned change keeps putting it back in the machines over and over he found 4 of them so far they are worth a little more than regular quarters nothing to write back home about . Welcome to the forums

Patman54 , do you attend the PAN coin show at monroeville convention center ? I haven’t went to that show for about 3 years , if there’s a coin I’m really looking for I go to show see if anyone has it ... most of dealers are good people there were a few a haggle with hard to get coin I wanted and how much I was willing to spend on coin ... I remember 1 dealer he was really stubborn on price of Buffalo nickel I wanted we were back and forth for 2 days on price finally is was Sunday I gave him an offer he replied NO I told him “hold on a second” looked over my shoulder then looked back at him he looked puzzled I said I thought there was a long line people behind me waiting to buy that coin from you eventually he laughed and folded in ... So to say maybe sometimes the dealers ain’t comfortable dealing with people until they get to know them but most of them are down to earth folks

That’s some good tips you and I have a lot in common ... I’m leery when I meet new dealers , I ask some questions right off the bat such as “will buy this coin off me in later future if I decide to upgrade ?” “Are you willing to put a higher end coin on Lay a way payment plan for me?” I ask other questions as well . If they say “no” then I don’t want to do business with them I walk thank them for their time and be on my way ... there was an old saying my grandfather used to say in his antique store “the customers is always right , without customers I wouldn’t be in business sometimes you just have to listen to customers” seems like some so called “coin dealers” don’t follow that advice when conducting business and there is a lot sour apple out there in our coin collecting hobby I’ve met my fair share after all I’m the customer who spending my hard earn money buying coins to keep a dealer in business it’s a two way street when buying and selling a coin , I never ever let a dealer try to haggle me or pressure me like I don’t know what I’m doing and I just started collecting coins yesterday the same applies to any collecting hobby , I also collect a lot of antique older shotguns with engravings and stuff on receiver of guns ... I’ve met my fair share of gun dealers who don’t know how to conduct business very well but every once in awhile they get a chance to rip someone off who inherited some guns from a dead relative they took a low ball offer after they leave the dealer mocks them like they were dumb or something

Same here as well born and raised never left the steel city . Welcome to forums

Some coins not all of them but mostly Morgans I’ve notice grading standards between PCGS and NGC seems to me PCGS awards higher grades for higher luster Morgan dollars even if they lack a deep strike full of bag marks and distractions , where as NGC seems to ignore the higher luster and focus more on strike . I’ve also noticed this trend with Walker half dollars as well PCGS will award higher grade for luster but the strike looks weak compared to NGC grading for a deeper strike... why do PCGS coins demand a higher premium ? I have no idea I guess a group of dealers really poisoned the minds of gullible collectors thinking PCGS is only #1 , but when it comes to World coins Go 100% with NGC they have more of a data base and foot hold on world coins

Can also take them to a place and have them appraised by someone who knows what they are talking about might have pay a small fee tho . But coins like that shouldn’t be handled like they are cheap average coins because they aren’t going a little extra mile get better price point would be happier in end have more money to spend on your paper money collection . If you go to dealers to sell outright ? He probably going give you anywhere 40%-60% (estimated not all dealers follow the spread) of what coin is worth on market he has to make a profit on it as well when he sells (that’s if he’s an honest dealer) I can guarantee you if these coins are nicer than pictures shows he going to have them graded and slabbed and he will DOUBLE his profit ! Your better of taking a more “patience route” go to coin shows see what 10 different dealers say your coins are narrow it down but don’t sell outright right away and don’t take every dealer’s word either what grade they think it is , if they were best graders ? They would be working for NGC and PCGS grading coins and they ain’t (even NGC and PCGS miss a few graded coins from time to time ) you’ll be surprised there are some dealers who can’t even grade they go by with what’s on the slab can you blame them ? The coin market is full of slabbed coins they got used to trusting grades on slabs some of these coins you have the “average Joe” collector would can only dream of owning

That 1928-D merc. Dime looks really nice ! If I were you and you want make most of your money selling these coins ? Send them in to NGC let them grade them then you’ll have a better solid ground to stand on you’ll know what a good selling point would be ... it’s hard for us to look at bright photos to determine the grade we have to see “wear” marks on high spots it would show , laying it flat and taking a picture doesn’t do it justice . They all look nice (that’s just pictures and angle the camera caught coin) for someone to really determine the grade they have to see in person with a naked eye if you search online you might be able pull up some grading for those particular coins you have might help you narrow it down to what you think you have grade wise ... Me personally I’d take the time send them in have them graded they will sell for more than selling them raw and your 1887 three cent piece is screaming to be graded and put in a slab that’s a nice coin!

I believe “high priced goods” are only based on buyer who paid for it , you pay high price for certain thing it’s only based on you and your wallet , not everyone else agrees that should be a price for something if that’s what your asking us ? If you paid a fair price ? If you over paid ? Only you and your wallet can answer that one , if you want nice coins you’ll notice the price is higher for nicer coins we cannot tell you how much you should spend on nice coins only you can decide that one

I’m sorry you feel that way , we are all trying to give you tips and pointers on coins you want to buy , it’s hard to determine a price for something that you nothing else to compare to it . Believe me I’ve made a lot mistakes “over paying” for coins that later I learned more were graded and price collapsed ... you buy what you feel is right amount to you everyone has different pockets and budget to spend ... If you like very nice looking coins we all do , Who doesn’t ? The price alone shouldn’t determine if that’s a nice enough coin for you to own , only you can decide that . I wish well on your coin collecting and welcome to the hobby we all come from different walks of life but we all share one thing on here our loves for coins

This a question I often hear from newer collectors , I have to ask what is your goals in collecting ? Do you want to own “rare” coins not every coin on market is rare in fact I believe about 95% of coins on market are common coins they can be found and bought any day . The rare coins people are talking about are ones that collectors with deep pockets bid on in auctions . I always tell someone if they want to build up a particular coin series go after the Key dates coins first then rest of series is easier to build up. Key date coins appreciate more higher demand especially nice key date coins in upper grades, familiarize yourself study auctions look at bids search around for private coin dealers online selling a specific coin you’re looking for then set a ball park price how much you’re willing to pay for that special coin you want just don’t jump on impulse buying there were coins that I’ve wanted I actually waited a whole year studying auctions and private dealer sites to later learn few more coins were graded at higher grades during the year I often write down cert#’s of coins that I like I will check back later see if anyone been submitting coins for higher grades watch out for population reports before I even think about buying right away it gives me a chance to see a couple different coins in higher grade to determine a “decent buy price” everyday coins are being sent for grading the population reports change often for some series

I have that problem when I buy “top pop” world coins since it’s top graded only 1 known coin at this time with highest grade ,how can someone put the price tag on it (there are no price guides for “top pop coins” ? There are no other coins to compare against it in that specific high grade or to determine a “ballpark” price ... there a saying in coin collecting world (if you like the coin so much ? And you want it the price shouldn’t bother you if you have money) but there is always room to haggle a price with a dealer or who ever you’re buying the coin from does price feel fair what you paid ? Does it feel like an honest asking price ? I can show you some dealers who price stuff right on “price” that NGC or PCGS listed on their website (I don’t call them dealers they are collectors just selling off their collection ebay is full of them) , I can show other dealers who mark stuff up sky high nobody buying from them (they don’t know how to conduct business) . Then we have dealers who are honest price coins fairly or just a tad below “retail” price and don’t mind haggling prices or accepting offers after all its your hard earn money doing business with them , they want to make a deal they don’t want to have put coin back in inventory collecting dust and cobwebs waiting for the next buyer those are dealers who stay in business the longest . As a collector I’m even open to haggling prices with other collectors when I’m selling or trading coins I don’t look online and “say look NGC priced this coin at $250 sorry I can’t go any lower than that” that’s wrong kind of business to do anyone treat you like that walk away from deal that best advice I can give you

Sounds like a sad story Ronnie, I can almost feel your pain

I remember reading newspaper back several years when Platinum skyrocketed guys were desperate sneaking and running around at night time in junk yards cutting catalytic converters from older vehicles . Now a days newer emission and catalytic converter are not built with platinum anymore from what I hear . So I don’t see what it will be used for in future. Medical world ? Electric world ? Rappers who need platinum teeth ?

I agree palladium is winner above all right now it’s way to high for me to even consider investing into it.

Anyone on here invest into platinum bullion coins ? What’s your thought on market as of right now ? What do you think future holds for platinum bullion I collect classic coinage for love of collection , I also buy bullion for financial gains in future (gold and silver) I keep my coin collecting separate from bullion buying. A good few years back I’d say 6-7 years ago if I remember correctly platinum was worth almost as much as gold was . But now it’s seems platinum is dirt cheap right now seems like time to start buying platinum but foreseeable future seems like a hit or miss with platinum probably better off investing into gold bullion

I’m taking a break from collecting classic coinage and world coins , I finally kicked the bucket and started collecting the Modern $1 silver commemorative coins (1984-present) I’m trying to get a whole series put together all NGC graded MS69 and PF69 should take me a year or two ... I can find most of them for just a little over melt value +plus small premium average $30-$35 considering it cost a dealer at one time to submit coins for slabbing+price seems about right to me ... They ain’t everyone favorite coin I agree some year issues are an ugly design...

I don’t believe the graders even spend time to look at a very large bulk loads of ASE coming in for grading imagine having look at 200-400 ASE every week from different large dealers sending in for bulk submission the graders’ eye vessels would literally pop ! I bet they take the whole box and pick out maybe 2 or 3 and say these one will get 70 grade the rest are 69s

I have nothing against people who collect 70 graded coins , but when new person getting into the hobby . I often tell them if you want make money in future on modern bullion coins ? Buy them raw don’t pay high high premiums for graded modern bullion coins like ASE or AGE , Gold Buffalos ... Thats where the hobby took down fall I don’t believe bullion should be graded it’s precious metal meant to be used for hard times but only ones making a nice profit off bullion right now are dealers and people driving the market to buy the graded bullion see for your self buy some graded ASE take them back to dealer see what they pay you ? Barely spot price . the only coins that maybe worth collecting are bullion coins wise and expect a nice premium in future are with very low mintage , take libertads for example a lot years had very low mintage some are becoming very scarce on market prices are going up

I always collected for the love of collecting ... the 69 to 70 grade seems like biggest scam to me on Modern coin market owning a 70 seems like an ego thing for registry sets ... take that MS70 or PF70 see if dealer buys it back at premium since it has a 70 grade you’ll be surprised not a lot dealers or any dealer that I know of will pay you a handsome fee buy back for a “common coin” that was mass produced in high numbers just cause it has a 70 grade ... but hey that’s way I see it , I stick with rarer world coins or buy raw gold bullion or classic graded coins just a little joke , send all them 69’s to John Albanese see if he will CAC green bean all of them ? Maybe even CAC gold bean a few ... it’s a no wonder why they don’t accept newer “modern” coinage for CAC

1944 Steel cent is often counterfeit using a 1943 steel cent removing the last digit and making it a “4” .. the 4 on your coin does look a little funky I’m guessing you found a counterfeit 1944 sure the weight is same cause they used a 1943 steel cent

My wife don’t care for my coin collection , my kids don’t either , however my wife buys a lot exotic plants she once spent $700 on some kind of crossbred tropical plant she put it on my Credit card she got a lot heart we have so many plants in this house it looks like a tropical rainforest ! She also sells some plants on eBay as well there a market for them