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jackson64

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Journal Entries posted by jackson64

  1. jackson64
    I had overlooked the 2 1992 Columbus Modern commems{half and dollar} while working on this collection..special thanks to "the coinguy" for sending me a kind reminder that I'd missed these.Many more world coins for this set are coming soon..as soon as I get them encapsulated..Lebanon,Zaire,China,Republic of Congo,Portugal..
    This collection has really returned the fun of collecting for me. I enjoy finding beautiful coins with ship themes from around the world.It gives me a break from worrying about grades,if they have been cleaned,registry points..whether I am paying extra for the coin or a over-graded holder..phew...even decided to sell my entire Jefferson nickel collection with Heritage.A top ranked proof set{#2 in 1 category..and #3 in another}with over a dozen perfect 70's..a 71-s with pop less than 10..and SMS coins from 65-67 that really should be considered rarities in Deep Cameo Gem+ grades...well enough of this journal entry for now..
    MVC-135S.J
  2. jackson64
    To increase the scope and variety of the themed set.
    I have decided one of my new parameters for my 2017 collecting. The Bear-coin themed Custom Set has been a lot of fun and there are still quite a few available to add to set the set that I have seen on World Coin sellers websites and ebay- but unless I want another 100 variations of pandas or polar bears ( or decide to add the koalas as bears) there is not a lot of variety. One thing I enjoy is finding the coins from diverse nations so that adds a little bit of thrill when I can find a cool example from Kazakhstan, Armenia or Turkey for example.
    Otherwise, I feel the interest in this set waning. Even if it will be a set that will eventually be left to my granddaughter--the cost of the coins from these nations across the world and slabbing fees make it often impractical to buy, ship multiple times and slab a $50 value coin.
    The 2017 expansion of adding Lions and Tigers will assist me in finding many pre-slabbed coins, as well as a lot of variety.
    The tiger themed coins range from many Southeast Asian coins, special "endangered species" coins and of course about 5 countries that produce the Lunar Coins.
    Lion themed coins could easily be a several hundred coin set by itself. African coins, Canadian mountain lions and of course lots of older coins with the heraldic lion appear on coins for centuries and across the globe.
    So as the new collecting year arrives, for now my goals will be simple--acquire the annual 2017 issue of the 2 or 3 modern coin series I collect, find my final 3 or 4 Indian cents, 3 SLQ's and mostly I will be developing the bear-themed set into something more creative and energetic--better descriptions, factoids and tidbits for each coin.
    Here are a few of my early pick-ups which will be added to the set ( I particularly like the 2 oz British Crown with the heraldic lion which is pretty cheap right now with bullion down.)
    Happy hunting everyone and Merry Christmas to all.

    To see old comments for this Journal entry, click here. New comments can be added below.
  3. jackson64

    Alphabet Soup

    By jackson64,

    if you think there's any good
    I usually restrict myself to only using the journal as a place to record my experiences and thoughts as a Numismatist. There are plenty of coin chat boards for discussions on various issues. Having said that-I'm breaking the rules!!
    The preponderance of self-slabbing by anyone who wants to buy some slabs and a label maker can in no way help the hobby.That few dollars one might get a decent deal on is going to be off-set in the long run by the de-valuation of a lot of coins...let me try to briefly explain.
    For many new collectors, you may not realize that the market is very volatile--being huge in the early nineties and then prices for almost all coins plummeted after many people quit collecting due to various scandals, not the least of which was the over-valuation of silver due to the Hunt bros. It was not until the state quarter program that a wonderful rebound occured.
    Do not kid yourself into thinking that this market is strong enough that if there is an exodus of collectors that the coins you buy now for $200-300 could be valued at $20-30 if this happens. Really, how much is a silver quarter worth? If the slab says 70 it may have a value of $200 only if there is demand for it..otherwise it is worth only about $3-4.
    The biggest danger that these self-slabbing criminals at sites like ebay pose to the hobby is the potential to push away collectors and stymie the new found interest in our great hobby. If a newbie bought some of these junk coins in phony slabs and thought he was investing wisely, only to find out that the coins were over-graded garbage-if he were smart he would quit the hobby.
    I fear that if ebay doesn't start policing themselves, or NGC and PCGS don't step up and stop people from using their names and price guides to sell this junk..we may see another exodus from the hobby when the state quarter series is done. Then all of these coins we are paying hundreds for in Legitamate holders of real TPG's will be worth fractions of their current value.
    One thing I read is true--we the collectors set the value of the coins--and if something is not done to shore up and eliminate the fraud that goes on everyday--there will be far less people collecting and lower values of our holdings for everyone..
     
     
  4. jackson64

    HE WHO HESITATES...

    By jackson64,

    of all the times to curb my impulse buying..
    OK, I do a lot of impulse coin buying, that is probably why I have dozens of coins that don't fit any particular"set" but they caught my eye at the time. Well this time I should have jumped.
    I was perusing ebay yesterday, using their advanced search option to check out coins that fill holes in my albums or that elusive 1 I need to finish the main set I'm working on. My buffalo nickel album is just 3 coins shy of completion {criteria is full rims and 4 digit date} and low and behold one of the coins was there at a great price. I clicked and looked, and immediately became wary as the coin details looked to be F15-VF20 and the listing stated VG++.It met my criteria and had supersized photos which showed it to not be restored or acid treated date. I was confounded-rarely do I see one that is too good to be true, yet is still true. It had an opening bid at what was about half what it should sell for, and a buy it now which was still $100 below its "Trends" price. I stared and stared and finally placed the opening bid, telling myself if it was there today I would buy it. Alas, when I got home today I went to "My Ebay" set on purchasing my prize only to find that it was sold. Someone else saw it and did not hesitate on the "Buy it Now" option..now I'll be kicking myself every time I look at that hole, wondering why I hesitated this time when so often I don't..
  5. jackson64
    added three more to my High Seas signature set, these 3 are from Pacific Island countries..and yes..even a topless native girl...
    ok..not actually a native girl but a mermaid {they aren't native to where I live though}the stories of these countries are fascinating, but the theme is still SHIPS-thus the "High Seas" name, maybe in the future I will make a set dedicated to the female form..only coins with more than just a head..ala the St Gaudens, Standing Liberty quarter {bare and covered breasts} the brittania..some great French coins and mexican coins I've seen maybe a seated Liberty coin, a trade dollar...hmmmm..has potential...PS:...thank you to all the Society members for your kind words/emails about this set- I am glad you are enjoying it...I also enjoy perusing many of the signature sets you have put together {with photos} I am always happy to talk to people with common interests-a passion for our hobby
    MVC-973S.J
  6. jackson64
    Mailed Coins for Consignment in May..first check will be mailed next week...sigh
    I am not a patient person by nature, in fact coin collecting for the most part has been good for this character flaw. It has taught me the patience/selectiveness in waiting for those hard to fill slots, coins in the value/cost range, grade ranges..and of course- budget range.In May I decided that I would consign some of my collection to liquidate money for upgrades/additions to a particular set I want to finish. The remaining coins in the set are above what I usually am willing to pay for a coin so I chose to do it by selling some and buying the others.The coins, mailed in May to the auction house, were put in 3 different auctions..Dallas signature,Denver signature and Denver on-line...check mailing dates are Aug 24th, Sept 24 and Oct. 2nd {from May to Oct...hmmm}.This has been a true test of the Patience that I have been praying for/working on. The challenge is not waiting for the settlement, but the fact that I found one of the coins I have been coveting...and for around $1000.00 less than I have seen it before...PLUS- it is a nicer example than coins of equal grade I've seen for sale/auction. I want to buy it NOW before someone else snags MY coin...anyhow, if it stays put for one more week I'll be including a photo of it with my next journal entry..biting my nails here..
  7. jackson64

    A Lesson Learned

    By jackson64,

    sometimes a hasty buy is worth the lesson learned
    Early in 2005 I had a Jefferson nickel proof set {1965-date} that was ranked #1. When the final 2 westward journey nickels came out and were appearing at auctions and ebay in PF70UCam I bought them to update my set. By July those coins were selling for half of what I paid..{and now even less}. I only collect a few modern sets now-and none of these are top-registry grade sets.I have learned the lesson, however, of waiting for that newly minted addition.I wanted a 2006 PCGS PF69DCAM Sac$1 to update my set and checked the ebay prices early this year when they started popping up...price around $40....I decided to wait. By June they were going for between $25-30 on ebay....waited more....and last night I could wait no more, for $14.25 I now have my update to my complete PF69DCAM PCGS set.....They say that insanity is making the same mistakes and expecting different results...maybe I'm not as nuts as I thought..
    MVC-928S.J
  8. jackson64
    could be a lifetime quest to become adept
    I have always loved the Early Half Dollars and have a few nice coins that are mostly for "type" purposes.I have considered collecting die varieties for the excitement of possibly finding a rare die variety/marriage that may be unrecognized by the seller and selling for $100 or so.Well, I had no idea...I just received a copy of the fourth edition of "United States Early Half Dollar Die Varieties 1794-1836" {the Overton book} and it is a TOME!!Almost 800 pages,there is no way I can memorize this and I don't picture myself lugging this around to flea markets and yard sales. I have already been studying the halves for sale on ebay and other sites that have good photos and I find this alot of fun..even most slabbed coins don't have the die varieties attributed. This may be biting off more than I can chew...oh well, it may take alot of studying before I actually start buying any more of these but it will be a labor of love..
  9. jackson64
    If you get Coin World/Trends, and read the guest commentary, my rebuttal letter to the editor was printed int he Aug. 7th issue...
    I haven't written here in my journal for a while and there really is a lot of personal collecting news to tell...too much for one journal entry so I'll break into several this next week.First, I recently was a bit outraged by a guest commentator{a history professor by trade}in the editorials.Often these pages are full of whinings about... the mints ordering system...third party graders inconsistencies...whether or not to ditch the penny...too many modern commemes, and their designs. The last one actually got me riled up enough to write my first ever letter to an editor. H e wrote a 2 part/week series on the slow decline in the state quarter designs both artistically but mainly historically. I could have written a five week rebuttal to his foolishness, but the quick and trimmed{by myself for space sake} response was sent to the Editor of Coin World magazine...just to voice my opinion, and clear up a few facts..I was pleasantly surprised earlier this week to open its' pages and find my reponse printed.I will file this in a special place along with my registry awards and the personal letter I received from Q David Bowers for some input I gave him on the 1866 and 1867 shield proof nickels in his lsat book...{which he thanked me but didn't use......anyhow..I hope you all either subscribe to Coin World and can read it..or look it up on-line and peruse it...JAX..Jackson
  10. jackson64
    a stunning coin from Zaire included..next installment will have 3 from Pacific Islands/Micronesia, including a topless native girl/ship coin..hmm might need censorship
    Well I am taking my time adding the coins for my High Seas signature set that I got back earlier this week.I have been adding them in groups..first an Australian 4 coin set "Voyages into History"...now I'm adding 3 coins from Africa, one from Zaire, the Dem. Rep. of Congo, and a South African penny...and next will be 3 from the Pacific Island/Micronesia region..the countries of {and I am not making these up}Nauru, Palau,and Niue.Did some fact finding to include with the sets photos and Nauru is the smallest sovereign nation in the world and all are trusties of the US after WWII Japanese occupation..meaning we are bound to militarily defend them against Islamic aggresion, communism and Godzilla and other sea terrors....coming soon..JAX
    MVC-961S.J
  11. jackson64
    although thinking with questions....
    Again I sit here with my thoughts...I sometimes peruse other peoples journal entries..I HAVE NEVER...directly responded to what someone else has written except by the member contact form and questions that I pose are ALWAYS self directed and of a rhetorical nature, never soliciting a direct response VIA someone elses journal entry.I do enjoy when someone who may have read MY entries into MY journal may have some pertinent information or knowledge and shares it with ME via email.I am very happy that I now email regularly/on occasion with several fellow Society members who have either like thoughts or interests. Thinking further on this issue, I realize that I sometimes write entries in a way that may appear open to discussion..this is not my intent...I do know that other collectors may enjoy reading the thoughts of their fellow hobbyists and I may phrase my thoughts as if someone else were listening...but these musings are purely MY own and require no response at all...I do find it curious that I can include a photo of the coin I am talking about..who is the photo for {I wonder}? The readers or myself who has the ACTUAL COIN on MY desk in front of ME.....
  12. jackson64
    Got to combine my 2 greatest hobby/interests...sailing ships and coins...
    Here in Maryland we have a long great history in both numismatics{ever heard of a guy named Eliasburg?}and ship/sailing.On saturday I went to the annual "Tall Ship Festival" up the road in Annapolis and was delighted to find that along with the Schooner Sultana..Delawares Kalamar Nykel...the ship depicted on the reverse of the Deleware 1936 Commemorative Half..was also docked there. To make things even better we were allowed to board the ship in small tours and learn a bit of its history and use.Although the only thing that would have been better, a ride down the Chesapeake towards the Atlantic with sails billowing, was not in the offering...it was wonderful just to walk those old timbers.When I got home with my family I pulled out my 1936 Delaware commem to show my wife and daughters...and I think that they understand the beauty and history I see in my coin collection a little better and appreciate them a bit more themselves... PS: for anyone who might read this, I have a signature set in the "topical" section called High Seas...all coins with ships, which is worth 5 minutes of any coin collectors time to view the photos and history of the coins in it..enjoy..Jackson
  13. jackson64

    A Lot Harder Now

    By jackson64,

    Filling holes in classic US sets is a tough registry task.
    I suspected that the change in policy by NGC to not allow PCGS coins would make registry participation harder. I primarily collect classic US coins and was just finishing up an SLQ one-per-date set and an 1890-1909 Indian Head Cent Set.
    With just a few holes left in each of these sets, it seemed relatively certain that I would fill these shortly and could start thinking about which series I'd like to pursue next. Most often I have to consider key dates, the grade range I will shoot for and whether I will collect an entire series or break it up as a "short set" ( like I have done with the 1900's Barber Halves, my Indian Head short set of 1890-1909, Walkers, 1930's Buffs and Mercs.)
    However now I have to also consider if the coins simply exist in NGC holders. As an example, my Standing Liberty Quarter one-per-date set has been named "The Almost Set" as I made the criteria for AU grade coins only. A quick perusal of auction histories and Ebay will show that 80% of SLQ's for the final 3 holes I need are in PCGS holders---and it may be just as high for Indian Head cents in the MS64/65 grades. I have looked at the few that have been available in NGC holders and they just didn't have the nice PQ look to them for the grade that I have been assembling ( although they appear to be technically graded accurately for the most part.)
    What is more frustrating is the fact that I have seen an acceptable PCGS slabbed coin that would fit. I even bought a nice 1919 SLQ that was too nice to pass up. This leaves me with the choice--move my sets out of the registry and into the wastelands of the seldom-viewed "Custom Sets" so that I can complete them with the best coins or play the long game and eventually find the final few pieces in the proper, acceptable plastic holder.
    It is what it is and I usually just remove the classic sets from the registry as I complete them anyhow ( except for one set which I leave that won a presentation award).
    As an off-topic aside, I renewed my membership in November at the Premium level to get the $150 credit for submissions. I have LOTS of coins that have been waiting to be slabbed for quite a while. In early February it dawned on me that I had not received my membership renewal pack in the mail. Now I know that we no longer get a free coin in an NGC slab, a nice NGC pin, notepad or pens and classy folders with glossy paged price list and submission forms anymore, but I thought we still got the envelope with a welcome letter and coupons. I called NGC and they said they don't send anything anymore, that when you join or renew that you just get a credit when your submission is sent--not even a thank you or welcome back anymore. I guess I'm getting to be a dinosaur and the impersonal businesses of the 21st century are the new norm.
    Here's my 1919-S SLQ AU55---thinking of starting a custom set called, "The Isle of Misfit Coins" for the nice PCGS coins I buy.....

  14. jackson64
    should there be different standards for grading coins from within the same series...
    First let me say that I think the Third Party Grading system is great{meaning the top 3or4 companies of course}.They add security to your purchase, help set an industry standard, preserve these works of art, and they get the grading right most of the time{except for my coins which are all under-graded..}.I was thinking about how certain coins within a series..ex: the 1917-S obv and rev Walkers...have consistently weak strikes. Should the BEST examples of these coins be graded the same as a 1942 Walker with a strong strike...even though the skirt lines,left hand, eagles' breast feathers etc.. are missing? I have no problem with either way they decide to do it, as long as they are CONSISTENT!!..Another example for those who collect Buffalo nickels...usually the braid in the Indians' hair must be well-defined to get a gem or better grade, but I often see some of the years where there are none struck that well{look at most of the D mint coins from the teens}getting 65-67 grades.Anyhow, I've rambled enough...I'm sure I've confused a few who might read this, and for those who understand and even concur-I'm just preaching to the choir...here is a MS61 Walker 1917 Rev S...without rub, jsut a weakly struck year...by ANA grading standards...a true 61...by comparison to others from this year under-graded{like all of my coins..wink wink}
    MVC-920S.J
  15. jackson64
    redeemable at any coin dealer/ auction as cash
    OK..so I'm a dreamer. I correspond via email with a few other collectors who recently posed this question with each other. "What would you buy if you had a $100,000 gift certificate that you could use for the purchase of any coin/s?" The answer is...I'm not sure. Would I fill holes in existing sets, buy 1 dream coin {a $100,000 coin IS a dream for most of us}...3 or 4 really nice coins in the $25K range...hmmm...so far my list goes like this{using trends/ Coin Values}..1917-D rev Walker in MS63, $2500..1917-S obv Walker in MS63, $7500...an 1877 Proof 3-cent nickel, a stunning cameo upper mint state for around $5000.....and then the nicest Flowing Hair half dollar I could get for the remaining $85,000....oh and a 1911-D $2.5 Gold Indian Quarter Eagle in MS63, $27,000...well looks like I'm over budget...maybe a slightly lower grade Flowing Hair half for$58,000?...well that's my list....I'm sure we all would have different ones...what a great and diverse hobby..
  16. jackson64
    your both right and both wrong
    As I enter this int0o my journal after a long and hot day at work I don't know whether to shake my head and laugh or vent. Surely this journal sight is not the place for free advertising and promoting an agenda.I clicked on the forum page that was in "ARCHS'" entry and was highly offended at his wording..quote" accepting only paid e-mail log ins is a way for us to keep out all the agenda promoting riff raff" I have had my same email for over a dozen years and when I upgraded to high speed access, I kept my same email address..as many people try to do with phone numbers and I cannot log onto the forums here. As a long time collector I've never considered myself riff raff or promoting any agenda..this sight,Collectors' Society, provides me with a fun way to track my collection, view photos of my coins without visiting the safe deposit box and enjoy the competition and collections assembled by fellow collectors.Can't we all just get along?? Sorry Ron, love your new sight but just do your time...parole is only a few days away...JAX..
  17. jackson64

    The COIN!!!!

    By jackson64,

    Buy the Coin that Looks best to YOU!!
    I just finished reading a lot of my fellow collectors' journal entries and can't believe there is even a debate. A little history from an old-timer: before the TPG's we bought coins based upon their value to US-the collector..at my local coin shop I would ask if my dealer could do better on a price if it was a lower grade filler, if the coin had attributes I liked I would never ask...I probably would have paid more. I like white coins and full strikes..toned coins are ok but not my first pick..if NGC or PCGS gives a toned coin a higher grade, say a 65, it DOES NOT make it more valuable to me...but that 63 with a fuller strike and luster???..I'd pay almost as much because to my eye it is more appealing...and as for the PCGS and NGC price disparity...some of us still remember when it was the other way around and NGC coins were higher valued. I understand that the registry ranks by points for assigned grades and gives awards for the highest graded/best sets..but I want to have the best set that I can put together of coins that I find appealing..in fact I own quite a few ANACS also because I wanted a particular date from a series but don't want to collect the whole series{my 1912-S Liberty nickel for example}plus I got the same coin that would cost twice as much in a PCGS holder..for my collecting experience, it's about the coins...PS: the most valuable collection..The King of Siam set of gold coins..not in TGP holders...hmmmmm..anyhow I'm off this weekend to the 34th Annual coin Convention in Ocean City Maryland..will update my Journal early next week with my experience and finds...can't wait
  18. jackson64
    many things to consider..1990's gold eagle just sold for $36,000+!!
    I believe the time to invest in some 70's is too late.The past few years have seen hundreds of perfect 70's in population reports for every denomination..with many still uncertified I'm sure.The prices are relatively low for most though but with high pops probably won't see a great jump for a while.The 69's may increase at a higher ratio for these coins.Many coins of the 1990's have pops less than 50 as perfect 70's and still can be found for $300 or less..a great investment I would guess as not many more will surface.With increasing popularity of the registry ranking system, the 70's will always be in demand.For a non-registry coin{one I buy for owning and not points}I go with the 69's too....Kinda off the subject but am I the only one who notices that AU58 coins are more often much more eye-appealing and over all nicer coins than their MS60-62 counterparts? They may have only the slightest/almost undetectable rub and then must be virtually scratch free with outstanding luster and strike..whereas an Ms60-62 often is dull with even scratches or marks evident in prime focus areas like cheeks/face/eagles etc..and/or weakly struck...any thoughts on this from others who agree?
  19. jackson64
    It may be time to show some discipline and get things in order.
    I am not a procrastinator by nature. I am usually the polar opposite. In fact, if I am being honest in my self assessment, I am a bit compulsive with my desire for order in a universe ruled by the ceaseless tides of entropy.
    For example, if a bill arrives in the mail I will almost immediately pay it, write the date and amount on the invoice and then file it in the appropriate folder. I am never satisfied to rinse a plate and leave it in the sink when the dishwasher is but a few feet away. Of course I could never imagine folding all of my laundry and just piling it on top of the dresser like my kids most often did.
    My dad taught me a few invaluable lessons in the few years I had before he passed. One was that if you were going to do something, then do it right or to the best of your ability. Another was that if you start something, then you finish it. I guess this is where my need for orderliness comes from.
    I seem to have lost my way with my coin "collection." For the most part I buy either graded coins that fill registry slots, some sets from the mint when I need 2 or 3 for different sets ( or when it's more financially sound to buy a 6 coin silver set for a few bucks more than the single coin) or single coins for custom sets or to send in for grading.
    It is this last part that has gotten WAY behind. Either out of sight/ out of mind is in effect or I am a closet hoarder ( just with really small objects like coins so I can still walk through my house)- whichever it is, it is time for some discipline to be exercised.
    I keep buying more coins for sets, not getting them graded and then looking for more coins. Then the funds for all of the grading becomes too daunting so I procrastinate more...a bad cycle to be stuck in for and orderly collector.
    Just looking into 2 coin cases that I acquired to protect raw coins until grading, I was surprised myself to see that I had pretty much filled up all of the various drawers with mint sets, proof sets, silver issues, themed coins and on and on--I really had no idea of the amount.
    So as I share this photo with you-and it is just PART of the raw coins I have set aside to be encapsulated, it is not to show off in any way, but instead to confess openly of my "acquisition issues."
    After all, admitting you have a problem is the first step to recovery, right?
    PS: the first 15 have been decided--the final Bahamian 50c to complete that set, the final 4 Bahamian $2 coins with the flamingo at sunset, the Canada "alloy" silver coins from the 2014 and 2016 proof sets of 10c and $2 coins which will complete/update both of those 100% and the final 6 coins will be Bear themed coins for the granddaughter's bear coins collection. This is a step in the right direction to re-establishing order in my collecting I believe.
    PPS: thanks Dena

  20. jackson64
    finally filled a registry slot
    I just added a nice little 1893 Indian Cent to my 1890-1909 Indian Short Set. It's not exactly an eye popper but it is an attractive coin with an aged look, very clear of any ticks, nicks or dings, and retains quite a bit of underlying orangish/red luster for a "brown" designation.
    It may actually be close to an MS65 RB so I'm pleased to find it in the MS64BN that my set parameters entail ( surely a 65 for its freeness of hits alone.)
    I added a photo that I won't use in the set images but was instead experimenting with pictures of different light--this one being a photo taken with the coin on my windowsill. I like the clarity the unaltered sunlight provides for detail however it does tend to wash-out the richness of the aging, coppery tones.
    With the addition of this 1893, that leaves me with the 1890, 1892 and 1894 to finish this mini set. I'm resigned to just plodding along until I find each in an NGC slab and with the 64BN criteria.
    I think I'll post another journal in a day or two since it has been slow on the boards and journals. I will write a journal entry of my pre-submission selections. I'm only going to send the 15 coins that I can list on one submission form for now ( hint to NGC, if the forms had 25 slots per entry page/form, I'd be sending 25 coins instead.) I'm not sure which ones will get the nod for encapsulation, but I'm leaning toward finishing my Bahamian coin sets 100%. ( I've had the coins needed to fill the slots for quite a while but they keep getting pushed back.)
    Until next time, Happy Hunting and may the coins that grab your eye be in NGC slabs!