Walter Holmes

Consider downloading the PCGS coin facts app. It will show you detailed pics for each grade. I agree with JKK not enough detail shown don’t buy from vendor. 

On 8/7/2021 at 3:49 PM, Alex in PA. said:

Exactly.  Maybe Walter will tell us which a dealer will pay more for;  1 Ounce American Silver Eagle or an Englehard 1 Ounce Silver Round?  The dealer treats them both the same.    A dealer pays the lowest possible price he/she can buy at and sells at the highest possible price.  

This will be my pleasure. I only purchase bullion coins from Fidelitrade a bullion investment firm. They provide a bid/ask price for each product. Their bid price is generally higher than spot which would reflect a slight premium. You can check them out at www.Fidelitrade.com. And open an account with them. They are not associated with Fidelity Investments. Here’s a screen shot of some of there prices and silver products. Prices change as spot price changes. 

The coin posted is an Ultra High Relief Proof Piedfort coin it was not sold as, nor intended to be sold as bullion. I only provide the above as an explanation of where to purchase bullion as an investor whether purchasing bullion coins in tubes, or bars. I am not a stacker, but will upon occasion invest in bullion if the daily and weekly quants suggest a buy signal.  
 

I am a traditional circulated coin collector. Once again, I will upon occasion invest in a modern coin that I find eye appealing and has piqued my interest regardless of the metal content.  I also own coins made from cupronickel, titanium, sterling silver and platinum. Hope this answers your question.

I realize NCLT coins are everyone’s game. It is a billion dollar industry and offers unique, limited issue products made with various metals ( i.e. silver, gold, titanium, cupro-nickel…). Are they expected to maintain their value like ASE’s or Royal Mint products? Probably not. They are,however,  an extension of a circulated coin collection intended IMHO to bring diversification and pleasure to the individual collector.😊

Keeping coin in original packaging sounds like the right choice to me. It also came in a  presentation box with COA. Why an NCLT? My ancestors  were traced back to Plymouth Colony, not the Mayflower specifically. I thought it would be a nice piece for future generations

Since there was a limit of 3 per customer what are the chances of getting an MS 70. Also what happens if the eBay presale for MS70 doesn’t pan out. I think I’d hold the sellers feet to the fire and get one for me. I forgot to add silver content in original Morgan is .7734 Troy ounce, the 2021 silver content is .859. I believe weight for each is similar. 

On 8/3/2021 at 2:29 PM, Crawtomatic said:

Agree with RWB on this based on the question asked by OP.

If OP had asked about adding value then there's other factors to consider.  i.e., likelihood of grading PF70 and then whether or not that's the median grade or above average.

You raise an interesting question regarding value which I had not really considered. Retail price is $250 USD I acquired for half of that price. It should maintain its value - I hope. Since this is the first UHR coin I own the dimensional aspects of it had me wonder about preservation. Do you think grading would substantially increase the value. Although I do not intend on letting it go from my collection. 

I do appreciate VKurtB’s mention that slabs and not air tight; as well as RWB’ s suggestion that it is preserved in the original  container. 

5 minutes after these Morgan’s were released they began appearing on eBay as pre sales and ppl were buying them for upwards to $180.00. Just amazes me

This is a 2020 proof 1oz .999 fine silver UHR piedfort coin commemorating the “The Mayflower” 400th Anniversary. Issue limit 650, weight 2 Troy ounces, diameter 50mm, mint Pobjoy. Issued on behalf of the British Virgin Islands. Came in capsule with presentation box and C of A. Question: to preserve coin and maintain value should it be graded. See pics  

9 minutes ago, VKurtB said:

I may just be seeing dust (I can't tell from a still photo), but I see all kinds of marks here, particularly on the flamingo side.

I thought that also, appears to be shadows from the plastic capsule. I have not yet removed to actually determine if it is the coin 😊 

39 minutes ago, James Zyskowski said:

Pobjoy is incorrect on the P mint mark. Ase’s from the 90’s like a1996P and Perth mint Aus. Might have a few🙀  Oh boy might have opened the MM versus privy door . Kinda same same to me but this is where the learning begins 

I interpreted the privy mark as a minter, or as a proof in this case. It makes no sense to me to have both a minter privy mark and a mint mark on the same coin. Getting confused.🤷🏼‍♂️

This one has no defects, a beautiful proof like quality. 

1 hour ago, Fenntucky Mike said:

Sorry, not trying to be mean but as an IoM collector I found that statement funny. Pobjoy is one of the biggest purveyors of privy marks that I've seen. They've been sticking privy marks on IoM coins since at least 1979, maybe the privy mark is unusual for that series (flamingo) but it's not unusual for that mint to use them.

I suspect that the coins have some frosting defects, around the eye area on two of the coins, as opposed to a gouge or scratch but it is hard to tell from the pics. A frosting defect is not that unusual for modern proofs. 

I agree, however, this is a silver bullion coin where Pobjoy states “A silver bullion privy mark “P” is also present which is unique to Pobjoy Mint bullion coins.” The defect is a gouge dug deep into the coin removing the frosted effect on the eye lid. 

I would preferred damage was to the field and not to the focal point of the design. 🙄

Just now, VKurtB said:

Previously, no one had been known for privy marks. Now everywhere is doing it. It’s what sells, so expect more. I really don’t care if the output is 10 million or 10 thousand or 10. Expecting (as opposed to hoping for) a perfect coin is not reasonable. 

Hahaha! You know - you are absolutely right!

12 minutes ago, VKurtB said:

It’s EXACTLY the way I’d do it if I were that mint. There is no right to a perfect coin. Never has been. 

Perfect is one thing, but careless handling of what they call BU uncirculated is quite another. These are quite noticeable gouges, scratches and dings on coins with a limit of 10000. Biggest disappointment was due to uniqueness of coins. Obverse has “P” privy mark and reverse has mint mark. The mint isn’t known for using a privy mark. 

7 minutes ago, Jason Abshier said:

@Walter Holmesdid you get your coins through Pobjoy mint ? I’ve heard of other who ordered from that mint weren’t to happy with their customer service or minting they did on some coins … Funny farm mint ! Probably have a QC guy with poor eyesight wearing glasses thick as the bottom of glass coke bottle looking at those coins coming off the minting press 

Yes. I purchased them directly through the Pobjoy mint. Reached out to a coin dealer and a collector I know in the UK. None have heard specific complaints about quality, though they found the quality of these coins very disappointing 🤷🏼‍♂️

You’re correct a mint should not be selectively offering better coins to some for an additional price. ☹️

10 hours ago, Jason Abshier said:

You’re not alone I just ordered a ST. Helena Queen’s virtues Victory angel silver round that has nick just behind the Queen’s eye ! Your post Jinxed me ! I’m sending mine back 

That is indeed a beautiful coin!🤩 There must have been a gremlin making havoc and mayhem at the mints. Obviously, the eyes were a favorite place to scratch. Definitely send it back. 
 

I was advised today to let the mint know in advance if I want the coin graded. They  will increase the price slightly due to extra handling and selection. 

Stick to buying Morgan’s and Peace Dollars? Maybe a nice MS 63 or 65 1928 Peace Dollar. Even AU58 would be nifty. 😊

They have offered full refund. No exchange all sold out. 

I have reached out to the mint, customer service seems to lack in a similar fashion to their quality control. Yes, definitely damage to coins. Gouge on eyelid has removed frosted finish leaving a twinkle of shiny silver  in her eye. Also under magnification long fine scratches on proof finish on flamingo similar to a slider. Here’s pic of eyelid damage, but couldn’t get the twinkle.  Just a real disappointment. 

Here is pic of damage on lower neck

I purchased 5 coins from a mint in UK. Thought of having them graded. Mintage 10,000. They are referred to as a proof, reverse frosted. On 3 coins there is either a scratch of gouge on the reverse design. They are PL quality, but I’m not sure how damage would effect grading. Any thoughts would be appreciated. Thanks

I checked again under magnification no mint mark

Here are better pictures