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silver dollar

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Journal Entries posted by silver dollar

  1. silver dollar
    Possibly Mr. Kraly should learn to read.
    I refer to the back of the submission form that explains the different grading services. And I quote "Crossover Coins from other grading services are reviewed for NGC certification at the same grade. coins will not be removed from their holder if they cannot be graded at the or higher NGC grade.
  2. silver dollar

    My congrats also

    By silver dollar,

    To all those who recieved an award this year..congratulations
    To all awardees this year, may I add my congratulations on efforts well done. Although I didn't come in for first places in some of the sets I was hoping to, I congratulate those who did. Especially John (namvette68) your participation has made the hunt for the New Zealand coins especially enjoyable. But I have to warn you, it ain't over till the fat lady sings,or in this case the fat man. Thanks NGC for giving us a place to display and bragg a little. And to all, good luck in the comeing year. Dean Shelton, Maine
  3. silver dollar
    and NGC has already graded some
    The 2010 Shield Cent has been out for over two weeks now. It was released in Puerto Rico last month (Jan) from some banks there. And some of those released have already been graded by NGC, see their web site for the story and pictures. The man in PR is selling the rolls on ebay for upwards of 10.00. I personally am glad to see these brand new shield cents as it was about time for a change to the Memorial rev. Now if I can just convince CS to start a new series for them! I personally have written twice to NGC requesting the change, is there anyone out in the society that agrees with me? I definitely hope so. Good luck to all in getting the new Shield cents, and happy collecting in this new year. dean
  4. silver dollar
    First it is a thank you. Second it is a holiday wish.
    Please let me thank all those who answered my query, either by this forum, or the vast majority by email msg to me. I really appreciate the support, and the suggestions that you all have responded with. Such a response was recieved that I am amazed at the number of people who took the time to send msg's. Thank you all, from the innermost area of my heart.
    Next, let me take this opportunity to wish all a happy holidays, and a happy hangover...strike that last, it is supposed to be a happy new year, I have an ongoing problem with getting that right. May we all have a wonderful economic recovery this coming year, and all find that perfect coin to finish that perfect set.
    Lastly, I wish to send out thanks to all my fellow veterans, for their service to out still great nation. And to those still serving, my wish for a safe tour, and a happy return. I personally am very proud of you for carrying on the traditions of military service. May the creator continue to bless this nation, and all who reside therein. Dean
  5. silver dollar

    Seller versus Buyer

    By silver dollar,

    Just where does the responsibility start and end?
    This is addressed to not only the collectors out there, but also to the dealers who are also part of this site family. I need to solicit some opinions here. This is the situation; I sold a Franklin Half, 1963 NGC MS-64 to an individual through Ebay. Now he claims that he has not received the item and has opened a complaint on Ebay. I have provided him with a copy of the Post Office receipt showing the posting to him. Obviously he has not provided any proof that he has not received it. The auction listing states clearly that refunds are not offered. Because of the new Ebay regulations, it is not allowed to state in the auction listing that I am not responsible for the US Post Office delivery, and that optional insurance is offered, which is what I use to add, along with numerous other dealers. Okay, here is where you?all come in. What is my responsibility here? Am I to be held liable for the failure of the PO.? And if I have to issue a refund anyway, does this open the door for a flood of scams, ?I bought this coin and never received it?, which are impossible to refute? The buyer is claiming ?item not as described? which indicates fraud in my listing. But at the same time, he is emailing me with the claim, ?I didn?t receive it?. Am I to be forced to send all the items I sell as registered mail, with the additional cost. And do I assume this cost, or pass it along to my customers? What are the ethics involved here? Where does the responsibility of the seller end and that of the buyer begin? I would appreciate opinions from both sides of the deal. By the way, I sold the coin for less that $20.00. Money is not the problem, ethics and being taken advantage of, is. dean
  6. silver dollar
    another way to look at this new addition
    after reading some of the post's regarding the new practice of NGC in providing us with the new Purple Label Details holders, a couple of thoughts went through my somewhat cluttered mind. first, we can no longer complain about getting body bags back for our fee's, with the lack of any grading. second, NGC is now catching up with ANACS. the service that a lot of us has used in the past, to have those problem coins authenticated and graded. so exactly why are we complaining? did't we ask for this in the first place? or am I just completely confused in my old age?
  7. silver dollar
    to search or not to search....that is a heck of a question...
    Here is a question, and a thought for all the roll searchers out there. Do you roll search to find that elusive double die Lincoln, from 72; 83; 84; or 95? Do you spend you free time, on Saturdays and Sundays looking through all the nice rolls of Lincolns trying to find those elusive Wide AM?s from the 96; 98; 99; or year 2000? Or are you just pulling out the copper ones for later meltdown and that big profit when copper goes to $3.00 a pound? Those are the questions.
    Now here are the thoughts. First let?s make some assumptions. There are about three rolls of cents to a pound. It will take the average person about 15 to 20 minutes to look through those three rolls of cents. Out of a roll of cents the average of pre 1982 (or copper) cents will be approximately 20. They will also find from five to ten 1983, 1984, and 1995 cents. With another ten to fifteen 1998, 1999, and 2000 cents. That will give us some totals for one hour of work at; 240 copper cents, 40 possible double dies, and 60 possible wide AM?s.
    Using NGC stats, the only available to me, we will find that currently there are the following numbers of graded cents (all grades) for the different varieties, vs total POP.
    1983 DDR 610 7,752,355,000
    1984 DDO 394 8,151,079,000
    1995 DDO 16,702 6,411,440,000
    1998 WAM 201 5,032,155,000
    1999 WAM 57 5,237,600,000
    2000 WAM 635 5,503,200,000
    This gives the possible odds of finding one of the above at:
    1983 1 in 13,000,000
    1984 1 in 21,000,000
    1985 1 in 384,000
    1998 1 in 25,000,000
    1999 1 in 92,000,000
    2000 1 in 9,000,000
    Time spent to find One:
    1983; 1984; 1995 9,600 hours
    1998; 1999; 2000 150,000 hours
    Now this doesn?t take into account luck, or the smiling of the Lady over your shoulder, but what is an hour of your time worth? Even if you are retired, as I am, that hour is worth something north of $10.00. Especially as the bank of those hours get smaller the older you are.
    Something to think about? Some discussion needed. Or maybe you might want to rethink your spare time usage.
    oshelt
  8. silver dollar
    new regulation states that all coins and notes must be sent registered mail...minimum cost...$8.00
    just down to my friendly post office, and the guy that knows my business let me know that a new directive had just came out that forthwith all coins and currency that could be spent..in other words was considered legal tender...now had to be sent by registered mail. that means that if you buy a $2.00 coin, the shipper would need to charge you about $10.00 for first class registered mail to send it to you. that now solves the ebay problem. who can afford to sell a coin on ebay for 2 or 3 dollars, pay the listing fee and the final value fee, and then pay 10 dollars s/h? the only coins that would make that cut off is those that sell in the multi hundred dollar range, maybe. and what will this do to the larger dealers who move hundreds of coins a month on ebay or mail order sales? the economy just bit us in the as* again. hurrah for the good ole USPS
  9. silver dollar

    Re: Jason von fraud

    By silver dollar,

    this has got to be a 10 yr old kid with delusions of granduer
    enough is enough...I resent the allegation that all dealers on Ebay are frauds...and I resent your high and mighty tone of writing that indicates your feelings of superiority over the rest of us poor common peons. I am a native american and have to say, it is your type of jonny come lately that gives all the other imigrants a bad name. and as for the way you sign your name...we do not have royalty in this country..you want to be some kind of royal, go back to europe. and far as your fighting in the great war..I kinda think not. But as I AM a four tour vietnam vet (Hal-3 Binh Thuy)I fought for your right to be an *#$
  10. silver dollar

    August Huh!

    By silver dollar,

    Unhappy am I, we haven't had our one day of summer yet, and here is Jackson rubbing it in.....
    I agree with all..this year is really flying by. My wife and I are still trying to get into our new home and it's still not finished. My focus has changed somewhat on my collections due to my new "I'm retired now" budget, so I have been consentrating on my MPC collections lately. And Jackson, you had to rub it in that you got to go to the Baltimore show, and here I am stuck up in Maine, 10 hours away and mucho dinero for gas....and then to show the coins you got...cruel, just plain cruel(ha). Don't have any really new coins to show, but I did pick this up along with a lot sale I purchased. Anybody got info? the rev has dates 1837-1883 and the names F.W. Ellis(?)and Co., Toronto

  11. silver dollar
    Does that make me the Queen?
    well, I just entered the number of my 08-S Sac to my set, and it lists me as number 2. Hurrah, but I'm wondering, if the number 1 is the king, does that make me the queen? Don't say it, I'll hit you with my purse. On a more serious note, that is the end of the Sacagawea set. As of next year, we will start the revolving reverses. And what will NGC do as far as set listings? A new set or just consider them as a new variety?
    On a different note, I got a big kick out of the 1 coin away post. That all I need for my proof lincoln set, the 71-S. Just can not seem to find one I like for the price. Happy collecting all, and may your sets be completed.
    dean
  14. silver dollar
    MY APOLIGIES TO JIM AND HIS GRADERS...Recieved a call just now from them and the report I recieved was from another submission quite a long time ago....thanks for the call Mindi
    I have acted in haste, and now must regret in leisure? I am sorry for flying off the handle...and my apoligy is sincere
    dean
  15. silver dollar
    Brooklyn Bridge???
    Clay, don't be concerned...I have three slabs identical to yours with the exception mine don't have the Memmott collection logo. And I still like them. oh by the way, when I originally posted on here about them, I quoted a mintage of 1 million..that was incorect and should have been 10 million. this figure is off the back of the package it came in. and as for someone trying to sell you the Brooklyn Bridge....don't worry...I already bought it.......
    dean
  16. silver dollar
    ask a question in the AM...get action in the afternoon
    I posted my question in regards to the 08 slots for Lincolns and Sac's this morning....Joiseygirl added the slots and answered my post before quitting time this afternoon...way to go..such service should be rewarded...boss--give that girl a raise!
    dean
  18. silver dollar
    further comment and explanation
    the Cheerio's cent was a promotion used by the makers of Cheerio's to sell their products, in 2000. According to the litrature, the first 1 million cents from the mint were put into special black card stock as a method of authentication. This promotion also included the first 10,000 Sacagawea dollars, which later turned out to be a different reverse (used on the gold ones sent up into space). NGC currently encapsulates them and has a census of over 150 I believe. This is a larger sample than some other current era cents. So far the consensus seems to favor their inclusion in the set. So keep those comments coming
    dean
  19. silver dollar
    should this be a recognized and listed variety for the 59 to present set?
    There were 1 million promotional Cheerio's Lincolns distributed. This is a significant number to my way of thinking. Should a slot be added to the Memorial sets for this variety? What is your opinion?
  20. silver dollar
    the end of an era? Sacagawea's are done in this incarnation and Lincolns are going where?
    Just ordered my 2008 Sac's and was wondering again, is this the last year for that set? As of next year, the reverse of the Sac will be the rotating Native American themes. That constitutes a new type or at the very least, at least some division in the Sac collections. I think? Also, next year is the commen Lincoln's. Are these going to be the end of a period? With all the talk of changing the cent, or the elimination of the cent, what better time to accomplish this than after the commenmorative are done. Personally, I am not in favor of the elimination of the cent, but would like to see a redo, and a new theme. How about bringing back a Lady Liberty of some type? Or even a new idea not yet done on our coinage?

  21. silver dollar
    I missed the whole point I guess...
    Mike, I guess I miss read most of that post from him....I just barely skimmed it as I thought it was a advertisement that was misplaced. which I am glad to see as I have been looking for a new place to advertise and sell coins....let's see, which ones to post first????
  22. silver dollar
    the silver melt is on
    A few thoughts on Silver coins and the results of this second round of melt fever. Back in the early 1980?s (?) the Hunt brothers tried to corner the silver market and the result was one of the most drastic rushes to melt silver coins that we have seen since the civil war. The number of Mercury dimes and Roosevelt dimes, the Washington quarters, and the Walking Liberty and Franklin halves that were melted for the silver content is staggering to conceive. Along with those coins, the Silver Morgan?s and Peace dollars will be unknown for many years to come.
    Now along comes this second wave of melt fever. With Silver now in the $20 dollar range and looking like it still has a way to go, prior to reaching some sort of top, we can expect that the number of coins that will be melted shall again be horrendous. And what will this melt consist of? Well my believe, and based on what I am seeing, the major amounts will be Roosevelt dimes, Washington quarters, and Franklin half?s, in mostly circulated conditions. What will the impact of all of this be? I think that a few of current collectors might agree with me that it may ruin our hobby in the future. If as we all hope, an influx of new collectors keep coming along, at some point they will want to escalate to building better and better sets. The Mercury?s and Franklin?s come to mind immediately, as they are the pretty ones. Now carry the assumptions forward, the melts have decimated the total number of Merc?s and Frankie?s in existence, so much so that the population consists of mainly the coins that have already been encapsulated. In the case of the Franklin?s, NGC and PCGS have a total pop of 254,039 coins, most in the MS-60 or above range. This total being the present number graded out of over 477.7 million coins that were originally struck for circulation by the mints. How many of those original 477.7 Mil still exist? How many will be available to beginning collectors who will need to start small with the lower circulated grades, because of concerns for their budgets? Will the available coins turn out to be only those already encapsulated, and the number of circulated raw coins be of either such bad quality or limited supply that they have a smaller population than the graded coins? What will this do to the prices of both, and will it preclude any new sets? And this is only the Franklin?s, I didn?t do the math on the Merc?s or the Roosie?s or the rest of the silver coins. I am sure that most of you can see where this is going.
    Now I admit, that I am a retired person that gains a portion of my income from dealing in coins, and as such, the major drive is to make a profit. When the price that I can get for a group of Franklins is higher as a item for melt, than I can sell the coins to collectors for, and I can?t afford to hold them in inventory forever (I gotta eat today and the rest of the week, plus those bill collectors have no sense of humor) my choices of action is limited.
    Being the seventh son of a seventh son, I predict that in the very near future, we shall see a major realignment of the prices of silver coins. And this hobby that we all love, shall be the major looser.
    And what do you think????
    Dean Shelton
  23. silver dollar
    when the reverse of the Lincoln changed, we got a whole new set..what about
    so what about the Sacagawea? in 2009 we will have new reverses for the sac's so are they gonna be a new set? and why didn't the Jefferson nick change to a new set as of 06 with the new obverse? things that make you go hhhuuuuuhhhhh
  24. silver dollar
    Just a thought for consideration...and one for Mr. T
    If your intent is to compile a record of your coins for either insurance or your heirs..as opposed to gain a ranking posistion..why not enter all your coins as a signature set..this would not put coins in the ranking system and allow for the set to contain what ever caught your fancy.....I think? not positive about the value part..as my only sig set is Cuban coins early to mid 1900's
    Mr T. I have been up and down so many times, that I resemble a yo-yo. I even reached the point of comtiplating my weapon quite a few years ago...I am now happily married for the past 26 years and just retired...hang in there...I promise you it will get better...may take a while...but it will
    dean

  25. silver dollar
    I do own the coins...but won't own the sets
    after seeing my overall ranking drop by two places..461 to 463, I had a thought. I have over twenty high scoring coins that I could add to sets (single coin in most instances) having no intention to ever complete or even add to that paricular set. Just for the purpose of adding total points to my personal total and raising my standing in the overall rankings. Is this an action that would be legal? Ethical? Or even, nice? I would have to say, just what value is placed on the overall rankings, as opposed to the rankings of the individual sets? I personally lean towards the view that the overall ranking should posibly be considered irrelavant, as they indicate number of coins and not the relative level of completed or working sets. And while we all agree,(with one exception), that the idea of this space is to intereact with other collectors and showcase our personal sets, not to compete with each other, (the awards are just gravy),to see who has the most money and can buy the best set. As I said, these thoughts just came to me, as I sat here with way too much time on my hands. (recently retired and still waiting for completion of my new home). Anyone want to make some counter arguments?
    dean shelton