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Stephen83333
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Posts posted by Stephen83333
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On 5/5/2021 at 6:40 AM, BlakeEik said:
I'm just stating facts here.
The new Morgan and Peace dollars:
- Are silver dollars
- Are the same width and design as Morgan / Peace type dollars but not the same composition or weight
- Are not the "same series" as the 1878-1921-1935 series
- Are not commemoratives (as they are not designated so by congress)
I'm just stating opinion here.
- The mint has really screwed up traditional series collection with the American Liberty Gold (ALG) Series, the Mayflower series, the First Lady series, etc. These are not commemoratives by congressional act, nor are they considered bullion in the same sense as the ASE, AGE, American Gold Buffalo, etc. They are different, and should not be lumped in with commemoratives or bullion. NGC has already started mixing these oddball sets.
- These "off-the rails" series soured modern coin collecting for me. Some others may enjoy it more, but not me.
- Having the new Morgan and Peace dollars compete in a registry as types against the traditional dollars would be insane. Period.
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My vote would be to treat the new Morgan / Peace dollars as something different, or "other," like the series mentioned above. In other words, NGC should have U.S. registry sets in one of the following categories:
- Traditional only (types that have circulated, including Colonials, tokens, etc. The only exception being pattern coinage, which were very limited and never meant for public consumption.)
- Commemorative only (Classic 1892-1954, Modern 1982-present, by congressional act only)
- Bullion only (limited to gold, silver, platinum, and palladium types with a consistent design traded on bullion exchanges. If the new Morgan and Peace dollars are used over multiple years, calling them bullion might make the most sense. Like Saint Gaudens, they should not be labeled as the "same types" as their design origins).
- "Other" only (types not in the above categories, e.g. Centennial commemoratives, First Lady, ALG, Mayflower, new Morgan and Peace dollars, Innovation dollars, etc.)
- And only if necessary, have some sets that combine the 2 or more of the above, but do NOT replace the other sets. Some type sets would certainly fall into this category.
The Mint should really have a name for these "other" coin series they keep making out of thin air. Until they do that, the ANA, NGC, the Red Book, or some organization with some weight should name this odd-ball category. Right now, different organizations are treating them differently - i.e. forcing them into bullion, or commemorative categories. A real mess!
Couldn't agree more BlakeEik
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On 2/3/2021 at 2:16 AM, Conder101 said:
General rule, anything you buy from a TV program will be at least twice the retail value.
Truth
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All these "emergency issues" are really muddying the waters for collectors like me. Way too many of these emergency issues, hard to keep up and make good buying decisions.
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I love this hobby and the varying opinions. Good people here.
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On 2/8/2021 at 11:28 PM, GoldFinger1969 said:
The coins sold by Rick Tomaska generally are selling for 25-35% over FMV.
I trust Tomaska's coins and prices over the other TV shows. You will pay a premium and I have never bought anything from him but I don't see him as a total crook. Of course he's trying to make his bucks, aren't we all? He knows more about coins than most people on this message board, including me.
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Why would an ASE be bullion, but a Morgan not?
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9 minutes ago, Lem E said:
Pop an FDOI and a Mercanti signature on that $25 piece and you will pay for it.
Crazy
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That's what's really insane.
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1 hour ago, Coinbuf said:
All ASE's are bullion coins.
Personally I don't consider Proof ASE's as bullion coins. Hard for me to think of my 2019-S Enhanced Reverse Proof 70 ASE and my many other Proof ASE's as bullion coins.
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On 6/19/2020 at 8:53 AM, FairTradeAct_1935 said:
2020 WW2 Silver Eagle is supposed to come out towards the end of the yr. with a mint of 75k. Is anyone else excited and nervous at the same time b/c of the 2019s enhance proof debacle? I'm going to be one of those guys and probable eBay bid on multiple pre orders. I know is sounds crazy but I can't let this coin go b/c it will be key in the set.. Anyway good luck and coin hunting..Ohhh be safe, healthy and wash your dam hands and face!!!!
Super excited for this coin, wish they'd get their act together and release a date.
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8 minutes ago, World Colonial said:
You are not the first person to dislike my posts. MS-70 is rare? So are over 99% of all coins ever made in that grade, especially since most coins don't even exist in that grade. It's a marketing gimmick and nothing else.
Okay, fair enough.
Take care
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On 5/9/2020 at 4:41 PM, Abuelo's Collection said:
@World Colonial is absolutely right. If we call rarities modern coins that are minted at the 240,000 level, what are coins of which there are 5 specimens known?
So using your logic only coins with five specimens qualify as rarities? Other collectors may enjoy coins as being rather rare at higher numbers than five. Geez
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On 5/9/2020 at 2:55 PM, World Colonial said:
I did only open the link but only browsed through the article.
My broader claim is that there is no actual rarity in the entire ASE series, it's a complete exaggeration. There is limited "grade" rarity" where the counts are (somewhat) low as a 70, but that's a contrivance since at least with other coinage, the coin is actually legitimately scarce in "high" quality. This doesn't exist with any ASE.
You are a complete insufficiently_thoughtful_person. You are like the Trumptards who think they know more about everything (like their master). If their is no rarity of ANY ASE coin as you claim, go build a complete set or two of ASE's in high quality MS70 and then a complete set of high quality PF70's and we will wait for your results. By the way you other minions need to educate yourselves about who is grading/selling what.........PCGS is also grading these "emergency" ASE's under their "Premier" label and they are selling for around $299, so quit your whining about NGC grading these coins. What a bunch of whiners.
Not really interested in an "emergency" ASE coin myself, but to slam the whole concept that others may like is absurd.
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Bought and added about 25 new Morgans and not one of them came with an image. That seems quite unlikely to me. Why no images showing when I add the coins?
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Incredible and exciting. Would have loved to be in the room when the metal can and bag were opened. I would also be most interested in the story behind the acquiring of these coins by Rick Tomaska.
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Since the American Silver Eagle is the most popular coin in the world to collect, could we have 3 separate categories for Poof collectors? I would propose the following:
1) Proof ASE's 1986 to date in PF70 only.
2) Proof ASE's 1986 to date in PF69 only.
3) Proof ASE's 1986 to date in mixed proofs.
I know you couldn't or wouldn't do this for other coins, but again I think it makes sense to have these 3 categories for this immensely popular coin and it would add to the fun considerably. Let's do this please !!
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Just read this line of posts........ha ha ha, wow did you chumps ever get it wrong about this coin now selling for well over $2,000 and as high as $5,000.
2021 D Morgan Dollar graded as “Cleaned”
in Newbie Coin Collecting Questions
Posted · Edited by Stephen83333
Same here......exactly the same. Sent in the 5 Morgans and the Peace......all 70's except the Denver. Feels like it screwed up the whole set.