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Jon Wood

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Everything posted by Jon Wood

  1. What did Franklin Peale invent? I'll see what I can find online. Thanks for your interest in Commemoratives.
  2. You're probably right, America deserves respect. She has earned it.
  3. I like the idea of a 250th Anniversary Commemorative, especially if it celebrates one of our brave hero's. In terms of coins in circulation, I would vote for something with meaning. Something we can all be proud of. Maybe a limited series that could encourage our youth to reach for the stars.
  4. Do Pedigrees Live On? Some Modern Commemoratives are raw; others have pedigrees. In my words, pedigrees often include authentication, certification, grading, damage control (serialized/holder), special label, designer signature, FDI and/or FDP status and some exclusivity. As a long time enthusiast and newbie Modern Collector, I think I understand but I struggle with the importance of perfection. What if a coin is near perfect? Some people won't accept anything but perfect. That's fine but what about the rest? What's the difference in value between the grades? What's a Pedigree worth? How important is it for a coin to specify a motto, monetary value, date or purity? I appreciate all comments, as long as they're civil. Jon
  5. Gold is of considerable value (For now)? Would you elaborate a little more? In my lifetime gold has always been precious and valuable. What could happen with gold to change its status?
  6. Good for you. What is the mintage of your commemorative? Commemoratives can be as valuable as the rest so why not verify and protect your investment.
  7. It is what it is. I've done it with NCLT coins. It is a judgement call. Money isn't everything but it is your money you'll be spending. So unless there are other considerations, think twice.
  8. In general, I agree with the post "none will ever be less than almost perfect". However I have one other question about MS bullion verses PF bullion. The U.S. Mint produced PF sets for collectors; no reason to grade but what about the MS coins. The MS coins will surely vary in grade (MS61-MS70). Thus may be a reason to grade or not? Then again, bullion is bullion.
  9. Who is JW? The JW initials on the reverse of the American Gold Eagle acknowledges the original designer. Who is this original designer?
  10. What is the consensus for grading an American Gold Eagle; Early Release? Any advantage over tube storage? For instance take a 2010 American Gold Eagle. After 10 years of encapsulation they still look perfect. NGC grades them and prices them so, is American Bullion worth grading and encapsulating? Is it a judgement call?
  11. Any interest in Extraordinary High Relief (EHR) NCLT? Will we see more?
  12. I appreciate Quintus Arrius post. Regarding coinage, I see great potential ahead for creativity, design and unity. For example in 2019-2020, the RCM produced a multifaceted coin with hundreds of polygons. Cut like a diamond, these coins are spectacular in the way they reflect light. Some news is worth repeating. This NCLT was a sell out at the RCM. When creative design couples with technology, it's a win win situation. I didn't know about the Sestercentennial. Thanks for telling us.
  13. The group of modern Chinese rarities contains over $1.5 million USD in gold alone and a numismatic value far higher. Numismatic Guaranty Corporation® (NGC®) has certified the entire mintage of the largest Chinese Panda commemoratives ever produced. Struck for the 2019 Long Beach Expo in California to celebrate the 35th anniversary of Chinese Panda commemoratives (sometimes called “Show Pandas” or “Panda medals”), the five Pandas are five kilograms each in weight. Anybody want one? Maybe I could buy one. Just kidding. I notice these commemoratives are called medals and rarities, not coins. Regardless, they will have great numismatic value. We can't ignore this 35th Anniversary. In 2020 George T Morgan was recognized for his gold pattern proof, minted to explore a version of Morgan's famous design as a $10 Gold Eagle. The gold proof is truly beautiful. This commemorative was approved by the Smithsonian. This too can not be ignored. I love coins but the numismatic mainstream doesn't belong in a box. We can agree to disagree but together we are the numismatic mainstream.
  14. So they're not coins. They still have their gold and silver value. I think engravers such as Augustus Saint-Gaudens and John Mercanti deserve our recognition. Have a good day.
  15. Just Bob, Jon here. I finally found what I was looking for on the internet. The link transferred me to the NGC Census/US Tokens & Medals/Modern Private Issue. When I look at US Tokens & Medals, I see no way to branch to Modern Private Issue. I got there but unless you know the format in advance it's not too obvious what steps a person needs to take to get there to find it. The coins I'm searching for were sold as commemorate medals. They're both gold UHR PF70 and beautiful but are not legal tender. They have for a monetary value "Eagle" and "Double Eagle". I really appreciate you taking time to ask a few questions. Thanks
  16. Response: Someone should tell the National Park Foundation and the Smithsonian Institute that the modern proofs that they are authorizing are not coins. These coins may not be circulated or be legal tender but if they're not coins what are they? Sure they're coins, collectable coins. If it looks like a duck, sounds like a duck, it probably is a duck. I do appreciate the comments about other established forums. I will continue my search. By the way, I started this tread in good faith, looking for some friendly guidance. I did find some. Thank you very much, Jon
  17. I'm not saying NCLT is more appealing to millennials. I'm simply seeing lots of modern styled coins produced. And when I see them on the secondary market I know someone is buying them. I have tried referencing NGC sources, the Official Red Book and the Modern World Coins, looking for specific NCLT but failed to find them. They do appear in magazines promoting NCLT but for peace of mind I would like to see them listed in official price and grading guides. I look to NGC because they facilitated the initial grading and encapsulation. No controversy here, just looking for some friendly guidance. I have submitted coins to NGC to have them returned and marked ineligible with no explanation. My objective was to have them encapsulated so they could be displayed in the same holder next to say a "2009 Saint Gaudens UHR Gold". I was trying to capture the greatest appeal by showing a similar silver coin next to the best coin gold has to offer. Sorry, I had to say it. I love Augustus Saint-Gaudens designs. He was greatest.
  18. Thank you member zadok for comments and open discussion. Medals are rewards for merit while commemoratives show respect and commemorate events. Those coins produced as medals or commemoratives show value. Some are more valuable than others but all coins are collectable. The acronym NCLT was new to me. Regardless, these nclt's are being minted, encapsulated, graded and sold worldwide. Maybe it's time for the "Numismatic Mainstream" to open up and do more to integrate some of these coins into their pricing and grading guides? Where would the industry be without collector's?
  19. One man's trash is another man's treasure. Attributes like signature, UHR, U/C, rarity, or perfection may not mean much by themselves but collectively they have public appeal. The fate of coin collecting rests with our youth. Our industry needs more young folks to guarantee future growth and sustainability. The guide industry could expand its base by being more inclusive. Is there room at the table for Millennials?
  20. Obviously there are a lot of bullion to sort through but on the other hand we see unique coins being issued by International and Private mints. They include perfect grades, signatures by world renowned engravers, Ultra High Relief and Ultra Cameo distinctions and First Day of Production status. Should these attributes be identified and published in our major grading and pricing guides? Modern technology is making what we never thought possible, possible.
  21. Modern technology is leading the science of coin manufacturing. Today we see coins that are beyond beautiful. They are remarkable pieces of art requiring extraordinary techniques to produce.These coins include monetary valued coins, commemoratives and medals from National, International and Private Mints. Given these achievements, should these coins appear in the major grading and pricing guides? Maybe we'll see more of these coins in the future.
  22. Personally I like to see where the EHR goes. The RCM is minting Extraordinary High Relief coins. They are remarkable. I'd like to see more.