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J P M

Member: Seasoned Veteran
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Posts posted by J P M

  1. On 1/5/2024 at 3:27 PM, Doncraig43 said:

    You may be right. I know I can put the coin that’s on the left above or the coin that’s shows reverse by self which is same coin, under the PCGS page that has several graded closes AM and to me they look the same or very very close.  The one on the left is way closer than the normal wide AMs. I think I got to figure out how to take better pictures. But thanks for your imput.

    There is also the FG to look at. I think on the CAM it is farther from the steps.

  2. We do understand, I roll hunt for coins all the time. I find that circulation can change the coin a lot over the years. The metal moves around and changes the look. The devices on your coin have been changed and so it may look like doubling to you, but the coin does not match any of the markers of other discoveries. With a coin this old you have to look for all the markers available and I do not see them. Sorry, I always say Keep up the hunt if you love it like I do.

  3. On 1/2/2024 at 7:59 AM, JT2 said:

    Happy New Year JP!!  and everyone else.  Well it is the first week of the new year and you know what that means!!! FUN!!!  looking to head over there both on Saturday and Sunday if the $$$ do not run out.  Its tough getting there early since they are an hour away and toll roads..  lots of the vendors start to roll up the sidewalks after 2 so i hope to find some good deal!!!  if anyone is in the area you can find me usually at booth 1001........

    Enjoy, it sounds like a good time even if you don't find what you are looking for.

  4. On 1/2/2024 at 2:49 AM, GoldFinger1969 said:

    But if there are so many high-end and trophy coins that are still raw....how come we never see them trade or change hands ?  

    I think the Bass Proof Liberty Double Eagle is the only one that really sticks out in recent years.  I admit I don't track this closely, but who expects to maximize price nowadays without a TPG holder ? 

    I receive private listings from Heritage every week of high-quality coins that are graded. Nothing my pocketbook can afford I am sure there are dealers out there that have a hit list of customers they call when something comes up. There is an auction house only a mile or two down the road from where I live. If you do not have their listings, you don't know there is a auction going on until you drive by. There is a quiet side to numismatics most collectors do not see. 

  5. On 12/31/2023 at 2:17 AM, GoldFinger1969 said:

    Haven't had time to see the video yet so I'm flying kind of blind here.

    But as I have noted elsewhere in the NGC Forums, it appears that with the passage of time that all the top "A" coins and some of the "B"s that were able to cross and upgrade have done so.  The low-hanging fruit has been picked, especially in popular series like Saints and Morgans and probably other coin series that I don't follow that many of you do.

    Which means that coins are NOT going to upgrade with the frequency we have seen in the past....unless CACG is seen as #1 and folks want to move a coin from CACG to the #2 or #3 TPG, PCGS or NGC, take your pick...which they don't do NOW.    Did folks with U.S. coins prefer a PCGS coin lower than a higher-grade @ NGC...and similarly, did foreign/world coin holders prefer NGC over a higher-grade PCGS holder ?  Yeah, apparently they did. (thumbsu

    But what is interesting is that both PCGS and NGC had periods of tight and loose grading.  If CACG is going to resist market grading coins when the next "hot" period or bubble hits -- and the pressure will be enormous -- then maybe their "brutal honesty" and "consistency" will be constant over many coin cycles as a testament to their staying power of grading coins by the book. 

    Neither NGC nor PCGS made the dramatic statement that CACG has had that they are going to lean more to technical grading and reverse the multi-decade trend of market grading.  This is (potentially) seismic.  I'm not sure how it plays out.  Both PCGS and NGC had periods where they leaned one way or the other.  Longer term, it will depend on how the collecting and investment public views the TPGs...how all 3 TPGs market themselves (many thought PCGS got a premium over NGC because of marketing, NOT because of a perception of better/tighter grading)..and other factors.

    That slight change on the "C" coins and the CACG holder, 15% of the coins submitted according to JA (at least in the early years) has really made a major shift in this industry, one which I am not sure we have seen in a long long time. :o

    You should look at the video GF.  I see you talking about ABC coins and after watching the video I do not think there is B or C anymore. You get a Details Questionable Surface or a Bean CAC.

  6. On 12/30/2023 at 7:21 PM, VKurtB said:

    Upstate New York and border areas of Maine used to often be bi-national in small change through the 60’s and 70’s. The Expo ‘67 trip was a particularly vivid memory. 1¢, 5¢, and 10¢ traded at par. If I recall, starting at 25¢ raised eyebrows. 

    In 1975 we lived in Gouverneur NY about 30 miles south of the Saint Lawrance River. My Father-in-law had a country store we all lived and worked in outside of town. We exchanged many a coin and currency and never charged a percentage.  

  7. On 12/30/2023 at 4:40 PM, powermad5000 said:

    The interesting thing while on this topic is that technically, Canadian coins should not be accepted by either merchants or banks as they are not US legal tender. They are tender from another country. But, I find they are widely accepted in all denominations. And while I don't think there are significant numbers of them circulating amongst US coinage, I am sure there are enough Canadian coins in US circulation to add up to an tangible dollar amount and if you add in other countries as well such as Mexico, Ireland, Denmark, etc. (I even got two pieces from Somalia in change once), I could only imagine there is quite a bit in dollar amount of foreign currency circulating here in the US.

    I have always wondered why this is allowed and generally accepted and why those coins do not get screened out somehow by either banks or merchants. I know I screen them because all foreign currency that gets put into my hand ends up in a currency bag in my drawer.

    Almost all these coins have come from roll hunting U.S. coin rolls. I also have some nice washers and other spacers that have been snuck into rolls.

    Pickup coins.jpg