Modwriter

I have found that keeping my coin collection in paper rolls and plastic tubes has been a lot more enjoyable for me lately. I have lost interest in grading and slabbing, and 2x2s/album collecting, etc. Does anybody have any roll and tube storage ideas to share? Thanks!

On 10/21/2022 at 7:24 PM, Sandon said:

   @Modwriter--Bear in mind that gold dollars, when unworn, contain only 0.04837 troy oz. of gold, worth only about $80 at $1,650 per oz.  I'm not sure what you mean by "low grade".  Worn but unimpaired common date gold dollars generally trade at a substantial premium over gold values. (Current Coin World values for common Types 1 and 3 range from $350 in VF20 to $450 in AU 58.  (Remember that I said "most series", by which I was referring primarily to Liberty $5 through $20 and St. Gaudens $20.) Gold dollars that you could buy for near gold value would likely be "ex-jewelry", which are severely damaged and/or heavily polished.  These are generally shunned by even casual collectors. Higher denominations of the classic series or modern bullion coins are better for acquiring gold.  The ANACS certification, however, is a positive aspect, as gold dollars are often counterfeit.

 I re-bid on the one PCGS. GENUINE CLEANED DETAIL. Didn't have to bid too much higher than my max bid. That is it for that coin. The other 5 ANACS gold dollars range from VF30 UP TO AU50. Four of them are ex jewelry and one is an AU50 straight grade.I did look at the values for all of them and have my. maximum dollar bids

@EagleRJO I did look at gold bars at JM Bullion.They have a beautiful Brtish gold bar that I considerd. Maybe next time.

Thanks guys.

On 10/21/2022 at 4:31 PM, Sandon said:

  

   It depends whether you are buying them to collect them or to acquire gold bullion.  Common date gold coins in circulated and lower mint state grades (for most series) usually don't trade for much over bullion value anyway, and there couldn't be much of a discount for one that is damaged or otherwise seriously impaired. If you're a collector, you should buy the best coins you can afford and avoid problem examples of coins that you could affordably buy unimpaired.  If you're just interested in acquiring gold, whatever discount you could get for an impaired--but still full weight--coin might make it worth your while, and certification by a reputable grading service would provide some assurance that the coin is genuine.

   As a collector of older U.S. coins, many (for copper coins, probably most) of which have some level of impairment (scratches, "cleaning", environmental damage, etc.), I have purchased a number of such coins, both certified and uncertified, with some level of impairment, but which I thought were still interesting and well worth what I paid for them. it depends upon the severity of the impairment--some coins described as "cleaned" are actually rather attractive--and how much lower the price is than it would be for an unimpaired specimen. (I'm grateful to those who say to "never" buy such pieces, as this makes them more affordable for me!)   

Thank you @Sandon I am high bidder on 5 ANACS low graded gold dollar coins.. Hoping to get at least two. I am a collector but I would like to have gold bullion to stash away.

On 10/20/2022 at 3:28 AM, RWB said:

Let's be frank about damaged coins: they have no future. They will always be damaged and will always trade as such.

What about slabbed gold coins labeled with Details? 

On 10/19/2022 at 6:31 PM, Quintus Arrius said:

[Huh?... You just hadda come out and say that! And here I was perpetuating the big bold lie that the mods have me on a short lease Now! No matter, welcome back!]  

At least your transgressions did not end up permanently on your NGC profile.lol I am forever branded as a TOS violator. I wonder if they would delete it if I asked?

On 10/19/2022 at 5:28 PM, VKurtB said:

Much higher relief, which creates more metal flow, which creates metal flow LINES, which create luster. The big ol’ star on the Mankiller quarters is amazingly high relief. 

Thank you @VKurtB The dies must be made with super modern milling machines. Yes, the Mankiller star really jumps.

On 10/19/2022 at 3:41 PM, Quintus Arrius said:

@Modwriter:

I am what some may call a dues-paying lurker. .      

The Anna May Wong quarters will be out shortly.  Judging by the schematics I've seen, old-time collectors like me will have to get past the generic, inartistic, computer-generated fonts to find any redeeming value in them. Nice to know you're puttering out there somewhere. [I thank you for liking me publicly, at a time when it wasn't fashionable to do so.]  

I have not found the Nina Otero-Warren version. The Anna May Wong quarters will be released October 24th. The new designs are not as busy as the state and national park quarters. In the old days of graphic design, we were told to fit as many bylines on the magazine cover as possible. The moderators were watching us closely back then. I have been clean and sober for over a year and a half now.🙈🙉🙊😊

On 10/17/2022 at 6:20 PM, Hoghead515 said:

Be lucky to find a parking lot cent eat up with zinc rot and PVC damage under my kitchen floor. That was a very cool find. Congrats to them!!!!  Thats a very interesting story. 

That is term i was looking for! Zinc Rot. I am finding so many 2022 cents with zinc rot spots already. 

Thank you @Quintus Arrius. What are you collecting nowadays? I have been going through about 6 months of my change and noticed that the new zincoln cents already have a lot of carbon spots. I really like the full luster of the 2022 quarters. Im left wondering if the mint changed the metal or process, perhaps with new machinery.

On 10/18/2022 at 7:28 PM, Quintus Arrius said:

[Q.A.: What're you doing?

🐓 :  Grading them.

Q.A.  Put that lens down, silly wabbit!

🐓:  Rooster!

Q.A.:  Whatever, sheesh!]

Welcome, er, back, @Modwriter!  

Hello @Quintus Arrius! How are you doing? Staying out of trouble? Have you found the Roosters you were searching for? Have you seen my stapler? 🤓

On 10/14/2022 at 2:19 PM, VKurtB said:

No, I’m suggesting lots of round discs of metal may become molten and resolidified smudges of metal. 

https://www.cnn.com/2015/08/05/world/hiroshima-survivors-artifacts/index.html

@VKurtB is correct. The 10th picture is what happened to Japanese coins after the nuclear bomb was dropped on Hiroshima.

On 9/9/2022 at 9:34 AM, RWB said:

See: https://www.bbc.com/news/uk-59596996

Great read. Thanks RWB. More than just coins will have to be changed for King Charles III. Found it interesting that his portrait will face left.

On 9/8/2022 at 7:23 PM, VKurtB said:

Wish we could fast forward to William. 

Someone tweeted/predicted the exact date that Queen Elizabeth would.pass away and predicted Charles III will pass in 2025. The time stamp was dated January 2022. I should have made a screen shot...

I have noticed Queen Elizabeth's portrait has changed through the years. I have sold several QEII British Commonwealth coins in the past and now have only Canadian coins.

Just the opposite problem here. I'm on the west coast and Philadelphia minted coins are hard to find. I just started a state P&D quarter folder. We need a chat board thread for folder and album coin collectors.

On 7/5/2022 at 2:18 AM, Hoghead515 said:

Hows it going Modwriter? Aint seen you in a while. 

 

 

Hello @Hoghead515 I'm doing good. Thanks. I have been on the move and taking a break from coins. My coins are in storage for now. Hope you are doing good too.

Duesenberg.

On 12/25/2021 at 6:49 PM, Collin Modlin said:

That’s honestly what confused me on it being error or damage, dad says he sees a face in right side lump.

Yes, bizarre. Alien looking.👽 Cue X-Files Materis Primoris theme. Something to think about. Grading coins from another planet.

On 12/25/2021 at 5:01 AM, Collin Modlin said:

Hello, I am having trouble figuring out if the 1980 US Quarter dollar I have is an error coin or heat damaged. The center of the coin seems to have been struck again and shows what appears to be a “198” and I am fairly new to the coin collecting. Any help/advice would be amazing! 

Is it just me? I find this damaged quarter attractive in a weird way. I kept coming back to look at it. The design and shape of the damage on the obverse and minimal damage to the reverse is kinda cool.  A hobo quarter.

I have an 1860 Indian Head cent ANACS graded VG8 that is in slightly better condition. I would guess this FE might grade FR2 to AG3.

Nice coins. World coins, including Canadian and United Kingdom coins with the Queen Elizabeth II obverse are very popular these days among collectors.

There are tons of reasons collectors do things that have nothing to do with economics. From my notes:

10 Reasons To Grade or Not to Grade:

1.) For the novelty. The quality of being new, original, or unusual.

2.) The coin is special for a number of reasons including sentimental reasons.

3.) Possible high grade.

4.) Registry Set.

5.) Anticipation of what the grade will be is fun.

6.) Authentication.

7.) Preserve and Protect.

8.) Test grading skills against TPG.

9.) Insurance purposes.

10.) Easier resale. Liquidity.

-Mod

On 10/24/2021 at 3:36 AM, J P Mashoke said:

I am rolling on the floor LMAO, Almost every picture on this site is a close up of a coin. I love it LoL 

Yes, what happened to a coins in-hand great eye appeal description? I use that in almost all of my coin sale descriptions. I found this description recently and use use it once in awhile. "Scattered marks are present, but they are inconsequential."

Here is my 2000-D SC quarter. Bargain Bin find.