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Dan Hughes

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Journal Entries posted by Dan Hughes

  1. Dan Hughes

    No First Release/Early Release Labels for New Zealand Mint Coins

    By Dan Hughes,


    NZ Mint Shutdown First/Early Release Impact
    The New Zealand Mint completely shut down its operations on August 17th of this year because of a covid outbreak in the country. Easier for New Zealand to do than most countries because it is an island nation. Yesterday they reopened and began shipping orders again. During their shutdown they were still taking orders on new issues they had scheduled for release. I had a concern because all of the coins I buy from the New Zealand Mint I submit, as soon as I get them, for the First Release label. I had hoped that NGC would push out the cutoff dates for the First/Early Release labels on the coins being impacted but just received a response that they will not be pushing back the cutoff date. For me, the coins being impacted are the Star Wars Baby Yoda (Grogu) Holiday coin, the Disney Holiday Coin, and the Chibi Deathstroke coin. There are other coins that were sold during that period that will also be impacted that I didn't purchase. With the cutoff date for these coins only 5 days away (Sep 27th) it's possible someone may get their shipment in time to submit in the mail before the cutoff, although shipments from New Zealand take a little longer to get here. 
    I was hoping NGC would allow people to submit their invoice paperwork showing the date the coin was purchased and submit the coins in their unopened shipment box showing the date shipped. That would at least be a way to show the coin was bought before the cutoff deadline, even though it wasn't received in time to ship in for the First/Early Release cutoff date.
    Bottom line, if you collect First/Early Release New Zealand Mint Coins, there may be a very small population of the coins impacted from the New Zealand Mint shutdown, or potentially none at all.
  2. Dan Hughes
    The Mother Of All Registry Sets when it comes to sheer number of slots.
    When I first started looking at the larger Registry Sets when it came to the number of slots, I was not that surprised to find that the Niue $2 Proof was at the top with 400 slots. The majority of these have been added by myself and (friendly) competitor David (Dharma King / Go Mango), of course with the help of Ali, Jane, Lisa, Maribeth, Melanie and all of the other great people at NGC who worked so patiently in helping get all of these and other slots correctly identified and entered.
    Hard to imagine one set with 400 slots, but there are others that are not far behind (Canada $20, for instance). The release of so many new coins each year has exploded recently, since around 2012, compared to previous years. I can only imagine it is a combination of the lower cost of Silver as well as the continued high demand for collectible coins. I find it amazing that these mints can make a profit from such a wide variety of coins with very small mintage populations. 2,000 would be a larger quantity on a new coin release, with a majority being under 1,000.
    As with the $1 Niue Proof Registry Set I wrote about previously, there are probably between 100-200 additional slots that could be added if I had the extra money to buy and submit them. Living on a retirement income now prevents that. It has been very enjoyable over the years to seek out and find the unusual coins in this set.
    The Niue coins are produced and/or sold by many different Mints. Royal Canadian, Britain, New Zealand, German, Polish, Swiss. Seems like everyone is in the kitchen with this small island nation when it comes to producing their coins. Just about any type of feature you can think of has been used in Niue coins. High relief, colorized, gemstones, wood inlay, glow in the dark, gilt just to name a few. There are also a myriad of shapes and designs that present the buyer/collector with just about anything they can imagine.
    There are several coin series in this set. The 12 Days of Christmas, Hello Kitty, Peanuts Gang, Legends Of Air, Orthodox Shrines, Kagaya Art, Star Wars, Anne Geddes, Imperial Faberge Eggs, Crystal Art, Disney, Avengers, Thunderbirds, Mythology Creatures, etc., etc., etc. Something for everybody.
    As I mentioned earlier, I am now retired which means (sadly) I have to start selling off a large portion of my collection. You will see a lot of these coins for sale on a certain auction site (starts with an E) after December 1st, if you want to get a better look at some of these coins.
    Cheers,
    Dan

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  3. Dan Hughes
    Review of the second of 3 Registry sets having over 300 slots, the Niue S$1 Proof
    The Niue Registry $1 set has ballooned in the last couple of years. Unlike the first Set I reviewed, the Canada $20 Proofs, the Niue coins have a much more diverse set of features on many of the coins. Square, key shaped, animal shaped (horse's head), etc., there has been a lot more "freedom" (for lack of a better word) in the coin's design rather than the usual round shape.
    Another interesting design that has come out with these $1 Niue coins are the "Puzzle" coins, or "Sheet" coins as I have heard others describe them, although there is a difference between the two.
    The Puzzle coins are a picture that has been cut into several different coins. It takes the entire sheet of coins to reveal what the picture is that is depicted on the coin. An example is the 2013 Sandro Botticelli "Mystic Nativity" 15 coin set. Each coin is identified on the one side with the denomination ($1), country of issue (Niue) and year of issue (2013). However, unless you have all of the coins together you are unable to tell what the "complete" picture is (2800435-008 through -022). Each coin is slabbed and labeled "Frame 1 of 15", "Frame 2 of 15" etc.
    In contrast to this are the "Sheet" coins. These are also a picture that has been separated into many coins, but in this case each coin can stand by itself as an individual. You still get a better idea of what the sheet looks like overall, but the coins themselves have the same denomination/country of issue/year of issue on the one side and then a design on the other side that stands by itself (2807981-017 2012 Niue S$1 The Durer Codex - Rhinoceros). So far there are 3 of these types of Sheet coin sets in the Niue S$1 Proof Registry - the 2011 Da Vinci Codex (24 coins, 2804498-001 through -024), the 2012 Passion Of The Christ (14 coins, 2800257-001 through -014) and the 2012 The Durer Codex (24 coins, 2807981-001 through -024).
    Something else I find interesting about the Niue coins are that it seems like every Mint in the world produces or sells them. The British Royal Mint, Royal Canadian Mint, Pamp Suisse Helvetic Mint, New Zealand Mint, Mint Of Poland, etc. No wonder there are so many coins and so much variety.
    While the current number of slots in the $1 set is at 358, it could easily be well over 500 as almost everyday I see coins for sell that do not yet have slots and alas I no longer have the money to continue buying them all.
    Cheers,
    Dan

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  4. Dan Hughes
    Building 3 Registry Sets that each have over 300 slots, one of them now at 400!
    This year has been one of winding down the volume of coins I add to my collection each year. I retired at the end of last year and it's very expensive to keep up all of the sets I have. I decided to narrow it down to a few and after this year will narrow down even more.
    As I was reviewing my Sets, I was curious on a few of the larger ones how many slots they each have. There are now 3 that have over 300 slots, hence my naming them "The Super Registry Sets". This doesn't mean I think they are superior than other sets in any way, just pointing out the large number of slots compared to the vast majority of other Registry Sets and the number of slots they have.
    I wanted to briefly review each of them, so I thought I would split my journal for this into 3 parts, one for each of the "Super" Sets.
    The first I want to review is the "World Sets Canada - Commemorative Silver $20, 1985-2016, Proof" set. There is currently 352 slots in this set. I still need 7 to complete it, but a couple of these have been impossible to find over the last decade of looking for them. These are the 1986 Plain Edge Olympic coins, only 1 of the 4 I have acquired. I haven't even seen the other 3 up for sale.
    If you look at the number of slots by year, you can see the ramp up in volume over the last few years:
    2010 - 8
    2011 - 12
    2012 - 16
    2013 - 35
    2014 - 66
    2015 - 65
    2016 - 61 (so far)
    Looking back at the early years, there were simple designs starting with the 1985 through 1987 Olympic coins. They were followed by the first coins in this Set that had Gilt added to them, the Aviation Series. Interesting in these early years they only had one theme for each year, Olympics for 1985, 1986 & 1987, and then the Gilt Aviation Series for each year 1990 through 1999. The next group of coins that came out from 2000 through 2002 the Mint added the Hologram feature to the coins for these years, then followed those from 2003 to date with a mixture of features, Gilt, Hologram and Colorization for the years to follow. In 2007 the Mint released the first of the "Crystal" coins, ones that had several crystals embedded in the coins. The following years saw a continued mix of all of the varieties in the coins released. The next novel feature to come out was the Murano Glass Ladybug coin. This has become one of the more expensive coins to buy ungraded, typically going for $750+ at auction. The Ladybug was followed by many other Murano Glass figures in the years that followed, fortunately coming down significantly in price. Around 2012 the Ultra High Relief coins started coming out, along with the beginning of the Glow In The Dark coins. Since then a variety of all these types and features have been issued each year, with more new features being added - wood inlay, 3D Water Droplet, etc.
    When you combine these numbers with all of the other coins for all of the other denominations the Royal Canadian Mint spews out each year, it makes the ability of collecting all of the issues impossible for all but a few and forces many of us to have to choose only 1 or 2 sets to try and keep up with. I will probably try, initially anyway, to keep up with the $20 series.
    Cheers,
    Dan

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  5. Dan Hughes
    Goal: 250 #1 Registry Sets
    This last December I retired. No longer having the funds to continue building and keeping up with all of my sets, I gave in to the realization I would not make the Goal I had set for myself many, many years ago to reach 250 #1 Registry Sets. I was in the 220's at the end of the year and knew I would have to start selling off all of my coins to bridge the gap between retiring from work and waiting a few more years before starting to take social security. I decided to remove a lot of coins from my sets and start prepping them for sale. I had a few good months at the beginning of the year although things have slowed down a bit lately. I was still buying and selling and today, just for the fun of it, I decided to load my coins back into my sets as well as all of the new coins I had purchased this year. To my surprise after adding up all of my #1 sets I was at 252, just over my goal. A huge sigh of relief and a great deal of satisfaction came over me as I realized I achieved my goal after all.

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  6. Dan Hughes
    2009 S$15 Canada King Of Hearts PF70 Ultra Cameo
    Here is the latest addition to my coins with a population of 1 at grade 70. I currently have 155 coins in my Custom Set "The Dan Hughes Grade 70 Pop 1 Collection", this will be #156. In the world coin arena it is obviously much easier to get a pop 1 coin, still feels great when it happens. There are 4 coins in this Series, Canada $15 Playing Card Money Series - Ten Of Spades, Jack Of Hearts, Queen Of Spades, & King Of Hearts. I have submitted several for grading and the best I ever got was a 69. This King Of Hearts is the only one in the entire series to get a 70 grade as of this date.

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  7. Dan Hughes
    What else, Canada Commemorative Silver $20, 1985-Date, Proof
    Today I added my 300th coin to the World Sets - Canada - Commemorative Silver $20, 1985-Date, Proof. I haven't checked all of the Registry sets for number of slots but I would imagine this is in the top 5. Having retired last December unfortunately I will no longer be able to keep up with the volumes of coins the RCM churns out. If only the wife would get a job and let me spend her earnings on coins. Hmmmmm, don't think that will work. If the RCM keeps up at the pace they have been at the last couple of years there will be over a thousand slots in this Registry 7-8 years from now. Probably a good thing I retired and am scaling back. Pictured is coin #300, Canadian Landscapes Ski Chalet. I would have added coin #301 but there isn't a slot for it yet (Canadian Salmonids Atlantis Salmon)

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  8. Dan Hughes
    What a year, glad it's over as far as the registry competition.
    Another year come and gone. I was able to get my #1 Registry Set count up to 225. It was 228 until some last minute entries. I'll catch up to those next year. The majority of my collection I'm going to start selling off. It is just too expensive for me to try and continue maintaing and updating all of these sets (as the wife would say, I need to get a life). I have way too many sets to keep up. I didn't even realize that I had another #1 Registry Set sitting in my inventory until this morning and I forgot to enter it until a few minutes after the deadline. I will maintain a few of the sets just because after 50+ years of putting my coin collection together, I don't think I can walk away from it completely. Best of luck to everyone in the coming year. Thanks also to Paul, Josh, Dave & everyone else who helped me put this vast collection together.
    Cheers,
    Dan

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  9. Dan Hughes
    100+ Pop 1 World coins in new Custom Set The Dan Hughes Grade 70 Pop 1 Collection
    I decided to create a Custom Set of Garde 70 Pop 1 coins in my collection after realizing I had over a hundred of them and thought it would be interesting set to look at. When I first started reviewing coins to see how many Pop 1 Grade 70 coins I had I expected to find maybe a dozen or so. I was very surprised to find over 100 and I am still adding to it. I thought someone might enjoying seeing some pics so I created the set, enjoy.

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  10. Dan Hughes
    Finally hit my 200th #1 Registry Set
    Years ago I had set a goal to reach 250 #1 Registry Sets and get in the top ten for overall points. I dropped that 250 down to 200 when the Royal Canadian Mint, whose coins make up a large portion of my collection, started spewing out a vast number of coins the last couple of years making it impossible, unless you're a millionaire with money to burn, to keep up with all of the new coins. I really focused on the sets this last year and a half to finish my goal. I doubt I will be able to maintain the 200 through to the beginning of December when the clock stops for the annual set competition, but I will give it my best. Starting next year I will be putting everything on eBay and sit back and just enjoy selling my coins and letting others enjoy them for a while.
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  11. Dan Hughes
    RCM, where's the Cow Bell?
    I noticed the Canadian Mint has now issued coins with the characters from the Looney Tunes cartoons. Sufferin' Succotash! Have you gotten so desperate for designs you're now doing cartoon scenes? I haven't seen a coin for a Kitchen Sink yet? How about it? What about a Cow Bell coin? You could even put a teeny tiny working Cow Bell on it, make it a Hologram Colorized Gilt Ultra High Relief with a Murano Glass Cow Bell. Instead of your usual denominations of $1, $2, $3, $4,$5, $8, $10, $15, $20, $25, $30, $50 $100 or $200, be creative and do something like a $37 coin. Maybe you could find an animal to put on it as well other then the Moose, Polar Bear, Arctic Fox, Beaver, Wolf, Antelope or Loon that you redo a new coin on every other year?
    All of the above in jest (kind of). Getting at the point of total frustration with the Canadian Mint just spitting out coins. Trying to collect them all to make complete sets is really only practical if you buy the raw coins. Trying to keep up with 69 or 70 grades is way too expensive for the average collector.

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  12. Dan Hughes
    Kangaroos, Koalas,Kookaburra and Lunar
    After suffering a difficult year building my collections, I did manage to achieve one goal, and only one goal, this last year. I wanted to get the #1 set for the Complete Sets of the Australian Kangaroo, Koala, Kookaburra and Lunar Series. The Kangaroo was the most difficult, which I added to that difficulty by mistakenly selling my 2015 proof $1 Kangaroo and having to buy it back a day before the Dec 3rd deadline for updating sets. I'm going to try and focus more on these this year and get some better graded versions.

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  13. Dan Hughes

    152 #1 Registry Sets

    By Dan Hughes,

    A year later, only 12 new #1 sets.
    Each year about now I look at the number of Registry Sets I'm maintaining and first ask myself why am I doing this? Of course, the answer is I love collecting coins and enjoy the hobby tremendously. I had set a goal a few years back of getting to 250 #1 sets. A couple years ago I was just over 100. Last year 140, this year I really slowed down, only getting to 152. Having been laid off my job and being out of work for a year didn't help the cause. Buy a coin, pay the mortgage, not much choice there. I am back at work again and debating whether or not to try and climb that hill again. I had to sell so many coins this last year to pay the bills and put food on the table it has really set me back. I might slow down, pick out just a few sets to maintain, and stick with those. We'll see.

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  14. Dan Hughes

    140 #1 Registry Sets

    By Dan Hughes,

    Where does it end?
    A little over a year ago I wrote a Journal entry that I hit the number 100 for #1 Registry Sets. Today I'm up to 140. Granted, the majority of them are sets with less than 10 slots in them and with the exception of 1 they are all World Coin sets. I can't believe the increase in output from some of the World Mints on the variety of coins being issued each year. The coins themselves have their own varieties. Colorized, Gilt, Proof, Mint State, Proof Colorized, etc. It has come to the point, for me anyway, that I need to pull back from buying every new release and start to focus on the series that I really enjoy. Sometimes I think the Canadian and Perth Mints compete with each other to see who can put out the most coins in a year. They don't even wait for the new year to begin before issuing coins dated for that year. I aleady have the 2014 Lunar Horse from both mints. The Proof, Colorized, Proof Colorized, Gilt, Mint State, Lotus Shape, Horse Privy, etc. When I can no longer remember whether I bought a certain variety of a coin and have to look it up, it's time for me to step back and do a reality check. I think I'll use next years coin purchase budget and go on a nice long cruise.

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  15. Dan Hughes
    At least it is for me.
    What makes this Series rare (in my view only) is the population of the coins in the series. There are, to my knowledge, a total of 89 coins in the Series dating from 1991 up until 2009, when the Perth Mint discontinued the 2 Oz. version of it's popular Kookaburra Series coins.
    Similar to the 1 Oz. version there are many varieties for several of the annual releases with the difference being the Privy marks added to that year's release. An example is on the coin I uploaded for this journal entry.
    The side effect of such a low population of each release was the difficulty, and for me the enjoyment, of hunting down and finding / purchasing / grading / and finally adding each coin to its slot in the Registry Set. There were several of these varieties I didn't even know existed until I stumbled across them in auctions. One example of this is the 2000 S$2 Kookaburra Proof with the Victoria Cross Privy Mark. Only 1,000 were issued and they were sold as part of a presentation piece with a mock up of the original Victoria Cross and a history of the first Victoria Cross all put into a picture frame you would mount on a wall.
    From my research (and don't quote me) about 20 of the 89 coins in the Series had population counts under 1,000 pieces. Hence I would only occasionally run across these coins at auctions or on suppliers web sites.
    Here is an incomplete list I have which only goes up to the year 2000 but shows the population quantity on most as well as whether BU or Proof:
    Mintmark Mintage Mint Brilliant
    Uncirc. Proof Notes
    1991 Kookaburra on Tree Stump $10 Denomination
    1992 Kookaburra Feeding Nestling 4,000 Perth Proof Type
    1992 Kookaburra on Tree Stump Perth Bullion Type
    1992 NAA Logo Privy 500 Perth Proof Type
    1992 Adelaide Pound Privy 500 Perth Proof Type
    1992 Holey Dollar Privy 1,000 Perth Bullion Type
    1993 Two Kookaburras 3,290 Perth Proof Type
    1993 Kookaburra on Tree Stump Perth Bullion Type
    1993 Eagle Privy 500 Perth Proof Type
    1993 Sydney Mint Sovereign Privy 750 Perth Proof Type
    1993 Perth Fair Ingot 500 Perth Proof Type
    1993 Dump Privy 1,000 Perth Bullion Type
    1993 Whales Privy 1,000 Perth Bullion Type
    1993 Emu Privy 1,000 Perth Bullion Type
    1993 Kangaroo Privy 1,000 Perth Bullion Type
    1994 Kookaburra on Tree Branch 500 Proof Type
    1994 Two Kookaburras Perth Bullion Type
    1994 Edward VII Privy 1,500 Perth Proof Type
    1994 George V Small Head Privy 1,500 Perth Proof Type
    1994 Victoria Privy 1,000 Perth Bullion Type
    1994 George V Large Head Privy 1,500 Perth Bullion Type
    1995 Kookaburra in Flight 650 Perth Proof Type
    1995 Kookaburra on Tree Branch Perth Bullion Type
    1995 USA Eagle Privy 800 Perth Proof Type
    1995 WWII Peace Privy 1,000 Perth Proof Type
    1995 1927 Florin Privy 1,500 Perth Proof Type
    1995 1934/35 Florin Privy 1,500 Perth Proof Type
    1995 1951 Florin Privy 1,500 Perth Bullion Type
    1995 1954 Florin Privy 1,500 Perth Bullion Type
    1995 With Perth Mint Ingot 500 Perth Bullion Type
    1995 World Vision Privy 15,000 Perth Bullion Type
    1996 Kookaburra & Chick 632 Perth Proof Type
    1996 Kookaburra in Flight Perth Bullion Type
    1996 Spade Guinea Privy 1,500 Perth Proof Type
    1996 Johanna Privy 1,500 Perth Proof Type
    1996 Ducat Privy 1,500 Perth Bullion Type
    1996 Star Pagoda Privy 1,500 Perth Bullion Type
    1996 Hague Privy 1,500 Perth Bullion Type
    1996 With Perth Mint Ingot 500 Perth Bullion Type
    1996 Golden Eagle Privy 800 Perth Proof Type
    1997 Kookaburra on Fence 650 Perth Proof Type
    1997 Kookaburra & Chick Perth Bullion Type
    1997 Pattern Penny Privy 2,000 Perth Proof Type
    1997 Pattern Threepence Privy 2,000 Perth Bullion Type
    1997 Pattern Florin Privy 2,000 Perth Proof Type
    1997 Pattern Shilling Privy 2,000 Perth Bullion Type
    1997 1937 Crown Privy 4,000 Perth Bullion Type
    1997 With Perth Mint Medallion 500 Perth Bullion Type
    1998 Two Kookaburras 1,850 Perth Proof Type
    1998 Kookaburra on Fence Perth Bullion Type
    1998 Jubilee 1887 Sovereign Privy 1,500 Perth Proof Type
    1998 Shield 1871 Sovereign Privy 1,500 Perth Bullion Type
    1998 St. George 1871 Sovereign Privy 1,500 Perth Bullion Type
    1998 Sydney Mint 1855 Sovereign Privy 1,500 Perth Proof Type
    1998 With Perth Mint Medallion 750 Perth Bullion Type
    1999 Kookaburra on Branch 1,850 Perth Proof Type
    1999 Two Kookaburras Perth Bullion Type
    1999 1930 Penny Privy 1,500 Perth Proof Type
    1999 1933 Shilling Privy 1,500 Perth Bullion Type
    1999 1923 Halfpenny Privy 1,500 Perth Bullion Type
    1999 1932 Florin Privy 1,500 Perth Proof Type
    1999 With Perth Mint Medallion 750 Perth Bullion Type
    2000 Two Kookaburras 750 Perth Proof Type
    2000 Kookaburra on Branch Perth Bullion Type
    2000 Roman Antoninianus Privy 2,000 Perth Bullion Type
    2000 Byzantine Bronze Privy 2,000 Perth Bullion Type
    2000 English Hammered Penny Privy 2,000 Perth Bullion Type
    2000 Hungary Denar Florin Privy 2,000 Perth Bullion Type
    Dan

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  16. Dan Hughes

    100 #1 Registry Sets

    By Dan Hughes,

    Today I reached my 100th #1 Registry Set.
    Well, granted the vast majority are Sets with less than 10 coins, but spread out over several different countries. I don't expect it to stay at that number for long as a lot of sets get filled up this time of year right before the close of the annual competition. My favorites are the Australian Lunar 1 Oz MS Complete, and the 1 and 2 oz Australian Kookaburra Complete. The latter 2 Sets are made up of coins the majority of which have a total population of 1,500 or less and took me a decade to complete them both which happened earlier this year. The Lunar coins are getting ridiculous as far as the varities. The year of the Dragon MS 1 Oz had 18 different varities when you add up all of the color versions, coin show versions, privy and standard. It's been a lot of enjoyment putting them together and watching them grow.

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  17. Dan Hughes
    Are there anymore out there?
    Finally after 10 years, a trip to Australia, constant updates to NGC for slot corrections, I have completed my Registry set of 2 Oz Kookaburras. I only need one more to finish my complete set of 1 oz Kooks and varities, the 1999 Kook with Portugal Privy. Never thought I was going to find them all. What next? Some of these I didn't even know existed, like the Victoria Cross Privy Mark, until I stumbled across them in my search.

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  18. Dan Hughes
    10 years to build a set
    Finally finished completing my 1 oz Australia Kookaburra Complete Set. A little over ten years since I started, the final coin back from grading and now in my Registry. The Kookaburra 1999 with Portugal Privy Mark proved the most elusive of the set for me to get. Even when I went on vacation to Australia I looked at coin dealers shops and couldn't find it. Never expected to find it on eBay but that's where just about everything seems to be. Now what to do with my spre time?
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  19. Dan Hughes
    1/2, 1 & 2 oz Australian Lunar Proofs
    Another set finally completed after years of hunting and bidding on coins. My Australian Lunar 1/2, 1 & 2 oz Proof Sets were finally completed with the purchase of the 3 coin Lunar Ox set, for some reason proving the most difficult to get. Glad I started 10+ years ago, couldn't afford them today!