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Reno Raines

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Posts posted by Reno Raines

    Emergency Production ASE’s

    in Newbie Coin Collecting Questions

    Posted

    On 8/1/2023 at 7:38 PM, Stackerdude21 said:

    Ya’all need to READ the U.S. Mint’s letter.  I am just reiterating what THEY said NOT me. Basically, I like the E.R.’s cuz they present a good investment. Like any ASE but better. 

    I don't consider the bullion version of ASE's as a collectible since there's an average of around 15 million minted each year yet alone an "Investment". I do however, consider the burnished version of ASE's as a collectible because they always have the least amount minted each year and are not guaranteed to be minted (check out 2009 and 2010) unlike the bullion version.

    New to coin collecting

    in Newbie Coin Collecting Questions

    Posted

    On 7/31/2023 at 7:02 AM, smashan8 said:

    I do apologize for being a bother to you all. 

    You asked a legitimate question and got legitimate answers so it's not a bother at all. As JT2 said don't trust any YT "Experts" as you will be misled more often than not whereas we'll tell you the truth about your coins.

    New to coin collecting

    in Newbie Coin Collecting Questions

    Posted

    On 7/31/2023 at 6:42 AM, smashan8 said:

    I was watching a few YouTube videos and I came across a Bessie Coleman quarter that has marks on it, and I'm not sure if it is worth submitting. Please help. It's between the T and the Y and then in front of the face then between the L and in God we trust then after that. VideoCapture_20230731-063927.jpg.27a32c501ea8aaa4ec37807576477ec1.jpg

    VideoCapture_20230731-063917.jpg

    Only submit coins that are worth at least $400.00 or more in raw condition. For example, a classic gold eagle. This coin isn't worth submitting. Hope this helps.

    Silver One Dollar 1922 Peace Coin

    in Coin Marketplace

    Posted

    On 7/31/2023 at 4:17 AM, ahparadox said:

    Hello,

    I have a one dollar peace coin without mint mark and I want to know the price.

    Will appreciate if someone can give me an estimate.

    Thanks!

    Screenshot 2023-07-31 at 13-15-47 (JPEG Image 1200 × 1600 pixels) — Scaled (69%).png

    Screenshot 2023-07-31 at 13-16-00 (JPEG Image 1200 × 1600 pixels) — Scaled (69%).png

    Screenshot 2023-07-31 at 13-15-56 (JPEG Image 1200 × 1600 pixels) — Scaled (69%).png

    Screenshot 2023-07-31 at 13-15-52 (JPEG Image 1200 × 1600 pixels) — Scaled (69%).png

    Screenshot 2023-07-31 at 13-16-49 WhatsApp.png

    For future reference please post this type of question in the newbie section of the site as this part of the site is only for the buying and selling of coins. As for your coin I'd have to say maybe $20.00 or somewhere in that range as it's just a common date Peace Dollar. All Peace Dollars were minted in Philadelphia (no mint mark), Denver (D mint mark) or San Francisco (S mint mark). Hope this helps.

    On the matter of MA-SHOPS

    in US, World, and Ancient Coins

    Posted · Edited by Tony Follis

    On 7/30/2023 at 8:51 PM, VKurtB said:

    MA-SHOPS is a fine platform for world coins. That does NOT apply to all their dealers. Crookery is outpacing trading platforms’ ability to keep up with the crookedness of dealers on their platforms. It’s just not possible any more. Even eBay is absolutely ROTTEN with crooks now, and eBay tries harder than many platforms to keep the crooks away. It is just not possible. 

    Ain't that the truth. In fact this past Saturday I saw that a seller on Ebay with low 20's and sometimes lower feedback was trying to sell uncertified "Mint error" coins for a 1,000.00+ dollars . It's an outrage and most newbies to the hobby will fall victim. This could mean or explain the sudden surge of "Mint error" or "Variety " questions than we have been getting recently.

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    On the matter of MA-SHOPS

    in US, World, and Ancient Coins

    Posted

    On 7/25/2023 at 10:11 PM, Henri Charriere said:

    Active members, regular guests and itinerant lurkers who may be painfully aware my Set Registry compilations were comprised of acquisitions obtained almost exclusively from vendors affiliated with MA-SHOPS may be puzzled by my conspicuous silence in the wake of a member's distress regarding a recent transaction which may or may not have been resolved one way of the other.

    Unfortunately, ALL of my experiences with MA-SHOPS have gone swimmingly well and have exceeded my expectations. Accordingly, what, of substance, could I have contributed to the exchange?  For those asleep at the switch who are unaware of a former member's comment who recoiled in amazement when I conceded I had disabled notifications from them, it was akin to blocking notifications from dozens of top numismatic concerns in the U.S.

    One example: I placed an order for a comparatively common "restrike" gold Rooster dated 1907, and received a 1911 instead -- the rarest by mintage of the "restrike" series. I immediately wrote them offering to make up the significant difference in price, the very least I could do, or at least alert them to a discrepancy in their inventory. They graciously declined despite the fact I had no objection as I happened to need the 1911. To no avail...

    Another: Buyers of coins from overseas must wait an interval for PayPal to convert wired USD into euros. I realized I had jumped the gun when eBay, in its characteristic manner, stated, YOU WON! PAY UP!  The  payment of €20 euros would have cost me $50. just to wire them.  I placed €20 in an envelope instead, and mailed it to them. I was informed they disposed of the matter by declaring the balance due as a "global discount" and I prevailed on them to keep it "in the spirit of Christmas".

    Yet another error occurred from yet a different vendor who sent me a duplicate coin.  No amount of insistence on my part could convince them otherwise.

    Unfortunately, had I experienced great misfortune as the OP of that topic did, I would have no choice but to deal with all the parties involved and document everything.  One option you do not have is refuse to return the item.  Note:  When I stated some buyers required chaperones for negotiating the intricacies involved in buying on the internet, I was not alluding to children.

    On one hand I feel bad for the OP of that thread only because he / she received a counterfeit coin even though that OP seems to be getting their money back. Now on the other hand I don't feel bad for the OP of that thread since the OP of that thread is a newbie to the hobby thus that OP should have used good old fashion common sense and just bought a pre graded version of the coin in question until that OP becomes more experienced at identifying counterfeit coins.