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Jason Abshier

Member: Seasoned Veteran
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Everything posted by Jason Abshier

  1. Been long time but I used to collect Buffalo nickels seriously back in the days but I sold off my Buffalo collection long while back haven’t looked back since but I used to study the series a lot … I’m little Rusty here with Buffalo nickel series been a good 16-17 years since I bought/sold a Buffalo nickel 1918-S is a scarcer date early year Buffalo nickel if I remember correctly … your’s grades out to be VF to VF+ I’d say it’s worth anywhere $40- $75 to the right buyer (these are just estimated I didn’t really look into the pricing on current market today) …. Higher prices are seen for Gem graded Buffalo nickels more in Grades MS64 up to MS66 is pretty scarce to find in good high grade … is there anything really special about it ? Not from what I see in photos… there is 1918/7 Overdate Buffalo nickel but that was a 1918-D and not the S
  2. You’re right you found one ! Take it nearest coin dealer and ask for $1,000 tops … Then come back and tell us how your experience was with the local coin dealer
  3. Nothing wrong with roll hunting but you’ll be very disappointed finding a true error in roll hunting is like needle in the haystack … most errors been cherry picked … you might find occasional “W” mint mark quarter while searching rolls there’s a few varieties out there as well …. If you want to get into error coin collecting ? You’re gonna need to study and research a lot and don’t listen or watch “so-called error collectors” on YouTube or something like that (just a heads up you’re wasting time watching these videos) so don’t … They give out the wrong information makes new people join hobby look like fools walk in pawn shop or coin shop trying sell a coin they believe is an error that they found simply because YouTube video told them … When it was nothing but post mint damage they got a shocker from a coin dealer (don’t laugh , I heard it happen to someone and they were really embarrassed) I find it rather Pathetic (another is new collectors buying “raw” error coins on eBay or somewhere else getting ripped off when it was not an error at all) … a lot of them YouTube videos need removed for misinformation bad bad bad it’s like cancer that spreads in our collecting hobby … best way to learn error coins buy a few books on errors (for reference) speak with other error collectors on here they’ll give idea why error coins you want to collect , mostly classic error coins that been graded and so on bring premium worth collecting most of the modern stuff is either a hit or miss value wise
  4. I always heard Milk spots on pure silver coins was results of the mint washing the planchets in a solvent/degreaser bath before annealing process not all solvent or degreaser is washed off properly before annealing process … It happening on all type of silver .999 coins even world silver is getting these milk spots it’s not just a US mint problem it can happen anytime even in the original mint capsule it can still develop milk spots there is no time frame when a milk spot can pop up on a coin could be a few months or few years from what I read on the subject ….
  5. Since it’s a raw coin you might have to dip it to remove the milk spot if it bothers you that much
  6. best advice I can give you when looking for coins or starting out ? Try buy “key date” coins they are always usually in demand … study study study and study more when you think you read enough and studied enough ? Keep on reading !!! The more you read the more knowledgeable you’ll become that’s what makes a good smart collector … read on old price market trends VS newer market trend you’ll see how coins been doing the last 20 years or so compared today … it will give idea what coins are in demand on the market …. There’s a lot to learn about coin collecting before you even purchase coins do some studying first
  7. Pretty neat to see a batch of them together something you don’t see everyday usually it’s one alone that goes up for sale from every once in a blue moon. I believe last I read only like 40ish estimated of black slab gen. 1.0 NGC holders were out there …. Wonder if they would of sell better on heritage auction VS GC ? A lot more high rollers on Heritage auction would of probably drive prices up on them through the roof to the moon …
  8. I myself never had patience to complete a full series or set of coins or just became to bored with a series . But congrats on your achievements.
  9. They look cool something different to look at for a change… are they directly from the Mint they were issued from ? Were they colorized buy the Mint that produced them? If so NGC/PCGS will grade them …. They won’t grade any colorized coin that was done by third party artist … you have be careful if you want some colorized coins graded some third party artist buy bullion coins then paint or colorized them (then supply the personal COA with their coin they painted to sell to public) this won’t pass satisfaction with NGC/PCGS during grading they consider those coins altered… it has to be done by the Mint directly and documented with the mint then and only then NGC will grade them … so check with the mint they came from and confirm they were offering these coins colorized
  10. I’m not too familiar with US minted stuff or bullion being painted (colorized) not sure if any US coinage or bullion is colorized today I don’t think so I could be wrong ? But most of the world bullion stuff is coming out colorized from their respective mints where they were produced and offered for sale standard colorized they are accepted by NGC/PCGS for grading …. It’s making a new market now a days coins that were hot property and lost their value ? There’s tons and tons of US coins modern and classic that lost a lot of value over the years … take ASE for example TV dealers / big dealers order monster boxes of them every year ship them off to grading tons and tons of money been spilled over that MS70/PF70 ASE then market cools down in a few months after they been issued and graded… now for classic coinage take Commemorative half dollar series was very hot property in 1980’s guys were spending thousands of dollars on a single coin… by 1990’s most of the coins in series lost a lot value today you can buy them in MS65 and MS66 for couple hundred dollars … huge lost in money… the problem with the US mint stuff is it’s too popular and it’s also massed produced in large quantities nothing is really rare at all anymore why they call it a “rare coin market” ? I have no idea … doesn’t seem to rare to me … there’s some coins are rare but 95% of the stuff is not rare at all
  11. You bought up a good point … right now all this modern stuff is grading out 68, 69 and 70’s hot off the press as soon as it hit the market …. It’s doesn’t circulate ! What will market be in next 20 years ? Probably dead in that sector…. Me I would aim for lower mintage modern stuff it might appreciate in near future if I was heavily involved into collecting modern issues which I’m not… stick with mintages lower than 500 or 1,000 or perhaps 3,000 it might just keep buyers interested in future but who knows …. But I do see ASE a dead end collecting not really worth pouring a lot money into silver eagles hoping to gain back a lot unless silver shoot up in price … but I do see modern graded 1oz silver graded and Raw with low mintages as collectible piece it should be treated as a collectible coin despite its silver content … same as Morgan dollar it has silver ? Yes ? Can it be expensive ? Yes ? Can you get cheaper ? Sure a worn down Morgan dollar is only worth its melt on current market standards at the time I can’t see investing into ASE that been massed produced in large quantities when they grade out 69 or 70 … there’s just no play between grades like a circulated coin
  12. Any dealer who gets mad at someone for a simple question? … turn around and walk away!!! RED FLAG that dealer … Most of the dealers I’ve encounter are down to earth people … they take the time to “educate” a new collector or even a veteran collector a lot dealers are very knowledgeable in certain series of coin collecting they spent years and years studying and gaining knowledge …
  13. Dealer needs to make money on anything weather it’s silver bullion , scrap silver , collectible coins whatever the dealer will always have the upper hand… take one back to them they’ll only give you half price or melt value or not accept it at all … however they will be glad to take PF70 or MS70 modern bullion and mark it up way way way past melt value because they know some one is out there will buy it eventually
  14. Keep In mind “supply and demands” are what drives the market in any collectible area … weather it’s toys , paintings , baseball cards , coins (modern and classic) , antique cars and so on … if there is no demands there won’t be a market so to say a market will be a short one ? Who knows … we have newer folks joining our hobbies and today with internet and everything every major mint is pumping out silver bullion rounds they are being gobbled up by newer collectors , I myself collect some bullion coins did I pay more than melt value? (sadly yes on some bullion I’ve collected) …. Did I pay hundred and hundreds for Morgan dollars in past or other silver coinage? Yes sadly paid the “collector’s premium” simply because the “market” driven the prices up for it …
  15. There is a market for them already folks are paying way way over melt value for them in 69 and 70 grade being high premiums on modern market … just saying … that’s sorta like saying well a Morgan dollar is only worth its money in silver , when we all see collectors pouring out hundreds and hundreds for a Morgan dollar which by way most are plentiful even in the average 65 grade … they bring a premium because collectors make the market so … I modern bullion coins in low mintages and so on making their own market among collectors that are willing to pay way more than melt value it’s not all classic coins anymore
  16. It’s because the mint that it came from Perth mint? or where ever it’s came from that’s the “standard” they colorized it there’s proof by the mint they did so it was documented as well … that’s why NGC/PCGS accepts them for grading … when buying “raw” colorized coins ? you have to research make sure you’re buying a coin that been colorized by mint and it’s documented with that respective “known” mint who is offering the coin or bullion for sale…
  17. Exactly the seller has 2 pages of mostly all RAW gold coins ? Little fishy there too easy to pop a few fakes in between all them gold coins and rip someone off and deny it
  18. @EagleRJO that’s a good example you showed of ASE that been painted by third party owner/seller … That won’t grade at NGC/PCGS more of novelty item I would’t spend too much on that however not sure how much of a pain? It is to paint that like that with precision… however I’ve seen them before look cool something different ASE are massed produced in large numbers I wouldn’t buy one not my cup tea …. I’ve seen some colorized coins done by Perth mint and few others mints the coins graded out in NGC/PCGS holders my wife is big fan of Tuvalu rotating charm coins they have a small rotating ball in middle of the coin… I buy them every year for her they have low mintage of (3000) anyways a few of them have that paint (colorized) on them done by the mint …They are raw but I have seen graded samples of them I have no intentions sending hers in for grading … that’s about only colorized coins I have in my collection (well her’s) not really mine I had hard time finding a few of the earlier years like “Yin/Yang rotating Tuvalu charm” “Dragons and pearls” I had spend little more than I would of liked to spend on (modern coin) just to get it for her it was slim pickings ! I couldn’t find any other for sale at time … If the wife happy then I’m happy whatever goes
  19. I disagree with this statement … only reason is I have seen these type of coins being graded , however the modernized market many many of colorized bullion coins been graded already by both PCGS and NGC… I do not consider them damage I believe they only accept painted coins for grading that been done ONLY by the Mint that made them I tend to shy away from painted modern coins , one time my wife really wanted this peacock coin she was looking around online (although she doesn’t collect coins nor does she care about my coin collection!) … I said I’d get around to buying it “someday” I was busy spending my money on stuff I wanted for my collection , well that was a mistake ! Today they are upward $900-$1000 last I looked … I should of just gotten her one when they were going for $100 when they first came out with them … if she keeps nagging me about it again, I’m gonna tell her we gotta pawn off that old engagement ring I gave her 26 years ago … I don’t spend that kind of money on modern coinage let alone colorized coins 😂 my coin collecting money too precious to spend on stuff like this
  20. With blurry pictures like that I thought it was “tripling” and not doubling thought I needed my eyes checked 👀 … Over all it looks like normal wheat cent if you see any slight doubling? It’s most likely die deterioration from worn out dies during a production striking.
  21. I feel your pain ! Get ahold of MA-shop again and show them this forum chat we been talking about them and how they are conducting business …. However the seller/dealer you are up against has a (rating 635 with 99.7%) they haven’t been in there too long selling…. But where they got you was their *2 week return policy* that’s a policy they set to protect themselves however you can try Paypal see if they can get your refund back for you … not sure how the laws work there you may be even able to file a police report ? Press charges for theft ? Then again there been people who been burned way way worse than you have been with fake coins who purchased multiple coins spent like $10k or so to find the coin or coins they bought all been fake! …. I would only highly recommend you to buy graded coins already encapsulated by PCGS/NGC especially Gold coins… save yourself the hassle and fees sending the coin in to get authenticated and graded yourself sometimes just isn’t worth it , not even for generic bullion gold coins… if I’m going to spend $200-$300 or more on a single coin ? I might as well save up a little more money and just try to buy it already graded in a NGC/PCGS holder and call it a day put it in collection it helps me save myself the hassle shipping a coin in for grading and waiting and fees and so on
  22. Most of them are low mintage , sadly a lot of them toned rather ugly today they need a good dipping , however there’s some stunning toned commemorative half dollars also some very high grades MS67 that still pull premiums but the collector’s crowd interest dropped over the years just about every dealer now a days have some classic commemoratives for sale they sometimes just sit in inventory for long time never sell well … I read a articles back then dealers and collectors were desperately looking for the original boxes that came along with these coins when they were issued , which we rarely see today the original boxes what happened to them ? I have no idea I hardly ever see a original commemorative boxes for sale … again I’m not really looking for them anyways You are correct the market crashed right around when TPG was taking off with plastic slab technology probably why they may have seen a major spike in prices but dealers couldn’t get enough of them to supply demands … why such a sudden demand ? I don’t know maybe another member on here who experienced buy/selling in that market at the time can shed light on it