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J P M

Member: Seasoned Veteran
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Posts posted by J P M

  1. On 10/30/2023 at 5:03 PM, EagleRJO said:

    Even melt + $5 sounds like a fire sale for an ASE as that is more in line with a raw bar price or off-brand silver round.  I usually see the ASE's go for more on reputable dealer sites.

    Not on line. At a coin shop I deal with if it is a common date and he likes your business he gives deals on stuff that has been there for a while..

  2. On 10/29/2023 at 5:55 PM, Lem E said:

    This is the type of stuff I just don’t get. Do people buy things like this? I don’t know if the seller is good, bad or a little touched in the head but the price is just a bit steep. I do feel that if a buyer doesn’t take a minute and think about buying something like this then they deserve to own it. 
    https://www.ebay.com/itm/134572724311?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=3FzRmuDwRkC&sssrc=4429486&ssuid=j9LjZZhwTEm&var=&widget_ver=artemis&media=COPY

    Wow, ,,, the wording is correct. It has no mint mark and it is a post war coin. Oh my ....

  3. On 10/29/2023 at 8:37 AM, edhalbrook said:

    Shame you are done. I love your nickels hunt. I also get nickels and roll hunt. Got a 1959 pretty clean one today. Actually has steps A little tiny dent on two steps but otherwise you can see them all. Also got a 1940 s and a 1941. I get about 10 rolls a week. Trying to find a Henning nickel. Got a Dansco book with only BU's and a Whitman 38 - 64 circulated going. Also a couple of Harris ones. Coin roll hunting I'm having a hard time finding the 2004 P Peace and 1975 nickel.  

    What book you starting next? 

    20231028_191059.jpg

    20231028_191110.jpg

    I will never be done per say. I still roll hunt and save all my BU coins in all the series . It is a life long hobby and it's not over yet. Ya never know there is always  a chance to find something a little different.;)

    1982 Ragged Fisher.jpg

    1982 Ragged Fisher Reverse.jpg

  4. Many buy a classical minted coin thinking they can always sell it for bullion price. But then it is always worth a bit more than melt you say. Also you may fall in love with it and never sell it. If you buy a bullion coin that is it's intent. You may also fall in love with it but maybe not as much that you can't part with it .

  5. On 10/28/2023 at 6:06 PM, dprince1138 said:

    Here is a grading reference that I have used.

    https://en.wikipedia.org/wiki/Sheldon_coin_grading_scale

    I grade my coins as I sell them on ebay.

    Also, here are the documents that I use for recommended value and known varieties.

    NGC Coin Price Guide and Values | NGC

    United States Categories | VarietyPlus® | NGC

    Here are methods to determine counterfeit silver coins.

    (I have a magnet and a sensitive scale)

    Fake Silver Coins: 14 Ways to Spot Counterfeits - Silver Coins

     

    I grade my coins as I sell them ? What does that mean?  If it passes the 14 ways test is it ok to sell it ? I am so confused o.O

  6. On 10/28/2023 at 6:38 PM, Mike Meenderink said:

    If the sole purpose of this forum becomes pre screen grading of millions of uneducated persons coins the forum will become undesirable and unusable.

    It happens every day. Most of us try to help when we can so that new people have a bit of a chance. I agree everyone must be there own advocate in this hobby but talking to numismatics with years of experience is a good place to start.  

  7. On 10/28/2023 at 12:04 PM, powermad5000 said:

    I am wondering if in part this goes back to an earlier discussion started by @Lem E about the striking quality between P and D, also evidenced in my post about the Vegas cash machine nickel. Maybe @J P M it is not a question of raw mintage number but of it just being harder to find higher quality P strikes and then also combining this with some of the current unexplained "overbidding" which is still going on for over two to three years now. I was doing some looking at different coin types for sale the other day and noticed that some certain types seem to be going for over price guide figures (was looking out of curiosity at the Lincoln cent 4 cent series and noted that Professional Life seemed to be going at reasonable prices, but Presidency was running high). All I can guess is certain types combined with mintmark are harder to find in good grades (seems P is the more difficult to find).

    I have always found Denver coins to be a better strike and almost proof like many times. Even though the Denver dies for years were made at Philly they were better looking ? I think it is as Lem said Not as many of these coins are graded high and also people are looking for the DD ones. Many times it is the Denver coin that is the hard to find coin . Supply and demand is what it is and some is and some ain't. :roflmao:  

  8. On 10/28/2023 at 10:11 AM, edhalbrook said:

    Would this be the same nickel? I mean if you pulled it from a uncirculated set and all? I like collecting nickels. My Dansco book only goes to 2000 though. 

    s-l1600 (16).jpg

    That would be a mint set. I do not pull sets apart for books or folders I only pick roll hunted coins for that. For my collections of graded coins I buy coins other people paid to have graded it's cheaper that way. ;)

  9. On 10/27/2023 at 5:57 PM, Lem E said:

    I don’t think the Philly coins came out of the grading room very well and then people are probably looking for the DDO as well. The Denver coins are easier to find in higher grades. I still don’t have a P Handshake example yet. 

    Yes, I find some coins are just a mystery why they bid the way they do. I just don't get it. 67 and 68s are out there but do not show up very often