Revenant

1 hour ago, Hoghead515 said:

I hope the hobby don't come down to sticker wars and everything gets way over priced. If people start paying those ridiculous prices and it makes the prices go way up on those low ball coins ill have to give up on the hobby. Surely to goodness it won't. Hope not anyways. 

I mean, some would argue we went there just with TPGs / that was the camel's nose in the tent.

I don't see this working. I don't see many / any CAC coins in what I collect because the value add isn't there. CAC only works on higher end things where 1 point matters. Same thing with WINGS. I have 1 stickered WINGS coin. I didn't pay extra for it. I haven't removed it, but I didn't pay extra for it.

1 hour ago, ChrisInJesup said:

Just got my Plaque and coin. Thanks NGC!!  

Fingers crossed that mine will be here soon. I got the certificates over the weekend.

22 minutes ago, JT2 said:

WHAT you mean i am not a Millionaire  

I hope you enjoy what you own though. 😆

People are crazy and dumb.

There's a seller that keeps insisting that the Zimbabwe notes are going to shoot up in value one day even though interest in them and their value has declined as memory of the 2008 hyperinflation fades and theres little reason to think that trend will reverse. 

If you're not prepared for things to take longer than advertised / estimated to get done you're liable to have a very unhappy life.

The sfuff I could tell you about some of my recent experiences with AT&T.

On 3/17/2021 at 10:32 AM, Woods020 said:

Agreed. If you have kids who this will inspire in some way feel free. PM me their info and I’ll send something no questions asked. 

On 3/17/2021 at 10:40 AM, Ray, USMC said:

This is exactly what this thread is all about and still Only Woods020 and I have stated the same thing let us know or wait for us to choose. We are still wanting as many long term collectors to share to inspire all young collectors.

Sorry I'm slow to respond on this but life is a bit crazy and I have a lot of balls in the air. But I'll circle back on this. 

I've heard about the NFTs recently and the last week or so Yahoo Finance is blowing up my notifications about them. I have no words to describe how insane buying a tweet sounds. All I can do is scratch my head. I'm not touching any of it. Bitcoin made no sense to me and seemed like a bad idea at $7,000. At $60,000 it is just more proof to me that some people are just kinda gullible and dumb. But the NFTs? I just don't get why anyone would want that in it's current state as a "collectable."

I did listen to an interesting podcast cast talking about the idea of using NFTs as a mechanism to transfer home ownership or car ownership instead of deeds and titles, but that ties the NFT to being a claim to a specific physical object that the NFT owner possesses and uses... it isn't a tweet you can see for free online.

On 3/11/2021 at 5:46 AM, BlakeEik said:

Hello,

Does anyone know anything more about:

"This year, major NGC Registry award winners will also receive an NGC-certified coin with a special label and pedigree worth approximately $100."?

 

I have not heard anything yet

My guess - based on nothing but the value- is something like a 1-2 oz Silver 2020 NCLT. I'm excited to know for sure too though.

On 3/11/2021 at 10:54 PM, ChrisInJesup said:

Thanks Ali. I was just worried that they were sent out and someone swiped mine. 

For what it's worth, I work with a group that has to order several plaques every year and it usually takes about a month after we make the order before we get the plaques. Then we have to make arrangements/ get them sent.out or distributed. We wait a month to get like 5-7 plaques. I can only imagine what kind of wait time NGC and PMG get when they're hitting some (likely, small, local, business with a combined order for about 60 plaques. Given this, I find their turnaround with the plaques to be surprisingly fast most years - jaw dropping fast some years.

If you read my journals on the PMG side I already have my Best Present from them - it arrived before March 1st. The fastest I've ever gotten a plaque from them.

But, as I said there, I'm sure the addition of the coins is adding another layer of complexity on to this in addition to just having more than ever to send.

On 3/9/2021 at 8:42 AM, Woods020 said:

No takers as of yet

On 3/13/2021 at 6:52 AM, Ray, USMC said:

Moving to the top but losing hope quickly .

If you guys follow my journals you know I have two young boys that I'm trying to share the love of this with. I've been following this but I'd hate to take from this because I have a multi-generational, multi-national collection of coins to pass to them as it is.

3 hours ago, Just Bob said:

I was never in the military, but from what I have been told, you are correct. Although the most common use is collecting and/or exchanging, they are still used to "challenge" other current or former service members, according to an ex-Air Force buddy. If someone pulls out their coin and challenges another, the one who is challenged must produce their own coin, or buy the next round of drinks. This practice apparently dates back to WWI.

Yup. I had to have this explained to me by a former-coworker that was a volunteer fire-fighter that had 2 or 3. He spoke of them and the subject with a fair degree of reverence.

He kept trying to convince the director of our very small engineering company that we should make a limited run of them for our company. What the point of those would be or why anyone would make a challenge over claiming to have once been a part of our company was always a mystery to me. But he was a sales guy and I think he, in addition to other things, really wanted another coin in his collection and really liked spending company money instead of his own. 🤣

On 3/14/2021 at 6:54 PM, Coinbuf said:

Again your not well informed, two years ago there was a minor outbreak of Measles in New York, if I remember correctly it was thought to be caused mostly by the children of anti-vaccers who had not had those children vaccinated, although I'm not sure if that was ever proven or not.  However at that time it was discovered that some adults who had been vaccinated tested showing no immunity and adults over the age of 50 should consider getting a booster shot because the immunity had waned in some adults.   So yes in some cases the immune system can lose effectiveness over time.

Not to get into a lot of this other stuff in the thread, but it's known that the measles shots given in the US from about 1980 to 1986 were not effective and didn't convey lasting immunity.  As a result, all of my cohort SHOULD have gotten new sbots - A fact I didn't learn until about 2018/2019 when the US and Texas were having a bit of a measles outbreak. So my wife and I finally got new MMR shots a couple of years ago when we found this out when a screen of my wife's (pregnant) blood showed she had no measles resistance, and they couldn't give it to her until after she gave birth.

26 minutes ago, Coinbuf said:

I see two damaged quarters worth $.50.

And that's $0.50 total, not each.

1 hour ago, Conder101 said:

Except the trade dollar, in I think 1878, might have been 76.  But then they reversed themselves and remonitized them in 1965 (And there was a joint resolution of Congress that remonitized them in 1933.)

Well, there ya go! 🤣

21 minutes ago, GoldFinger1969 said:

How many years after the coin was minted/graded did it develop the spots ?

Hmm... good question? I'd say it was less than 5 so I'd say your "10+ is mostly safe" assertion is mostly valid in my experience.

22 minutes ago, GoldFinger1969 said:

Are Nazi-era coins popular in Germany, anybody know ?

I think anything nazi related is banned in Germany - so maybe the coins too. They don't seem to mess around with this subject. 

4 hours ago, Chickenswoup said:

Went to a local coin expo today, found some really nice condition 2 RMs along with some East Germany marks and pfennigs 

I had a chat a year or so ago with a no-longer-active board member about the fact that a few years ago these went through a bit of a run-up interest / mini-bubble and then they came back down after a while.

They're interesting to look at - I have some of the more modern pre-Euro coins but none of those and I have wanted some at various points in time. I may yet buy some just for conversation pieces with my sons as they get older. If you get into it you can get into a lot of fun with the different "marks" over the years with Marks from pre-German Prussia, the German gold mark, the paper mark, the mark of Weimar Germany, the Reichmark and the Mark of post-WWI Germany (my spelling fails me at the moment). I think the thing I'd most enjoy collecting seriously would be the hyperinflation notes from the Weimar Republic period.

On 3/13/2021 at 8:28 AM, errorist said:

you buy a slabbed Pf70 or MS70 modern cent for big dollars and then 20 years later the zinc below the thin copper plating starts corroding and starts to blister the plating?? Does the value or grade of the coin go down or would it stay the same? Seems like it could be risky for plated coins...

They always say "buy the coin, not the label." I think there was even an NGC article a while back that asked the question, "If TP grading went away tomorrow, would what I'm buying still have / hold value?" Consider that question carefully and if you're willing to lose all of that if that label suddenly no longer matters.

There's a reason I never got into playing games with MS70 Silver eagles at marked up prices vs the 69s. It just seemed like a bad risk with the milk spots and everything else.

I had a guy offer to buy a Libertad off me a few years ago that was one of the few from the year that was graded as MS69 at the time. I had gotten it graded myself, but I told him straight up that it had milk-spotted bad since I took the pictures I had posted in the registry and I didn't think it would grade as well anymore. He still wanted it and for a price I was happy to part with it for, so I let him have it. 

On 3/13/2021 at 11:08 AM, zadok said:

silver lining....the coin wont go to zero value like some stocks...it will always have its face value...

Well… The US has never demonetized any old money or currency... yet. I guess we'll see. Never say never, right?

I can respect the fact that some people might find it objectionable, but, as others have said, it's a coin and this is a place for talking about coin collecting.

Personally, I love German war eagles - which are often on their coins. I think they're awesome designs. I like those old stylized war eagles a lot more than I like some of what has been on US coinage in the last 70 years. That doesn't mean I like anything that happened in Europe in the mid-1940s.

Just now, GoldFinger1969 said:

My nephew is getting married in June, bleep that.

I'll get the damn shots and after that, I don't wanna be bugged.

When all this was getting started, we had a premie that was barely a year old and premies tend to have weak immunity, so we locked ourselves down far more severely than almost everyone we know. But we're pretty much done. We're tired of not having fun and going out and enjoying our lives. We're still hardliners on wearing masks in public but we're just seeing family again and Ben is back in daycare after almost a year away. We just finally hit our limit.

I'm still not going to do a coin show until I can get the shot because I feel like that's just too many people too close in an indoor space, but we're going to the zoo again. Once I get the shot, I'm pretty much with you - this can't go on forever and if there's ever a time to ease up on this its once the vaccines are out. You want to have boosters / updates for new strains every year like the flu? Sure. I'll get that. I get my flu shot every year too. I'll probably still wear the mask most of the time when with strangers though - but I think we could do better and prevent a lot of illness that way just with the flu. I kinda hope that wearing masks if you aren't feeling well picks up hear like people have in Asia for a long time to limit disease spread in general. But then, I freaking hate the flu. I hate it!  

3 minutes ago, Quintus Arrius said:

Thanks for the feedback!

As a Chemical Engineer, material aging is an interesting thing to look at. I'm actually going to be writing / posting soon about something involving plastic embrittlement that got a little comical.

6 minutes ago, Quintus Arrius said:

What about the formaldehyde manufacturers inform you about in small print with stickers attached to wood file cabinets and bookcases?  The ubiquitous California Prop[osition] 65 Warning, too, is hardly encouraging: lt reads:  "This product contains chemicals known to the State of California  to cause cancer and birth defects or other reproductive harm."

Of course, you only learn about all this after you've purchased the product and examined the warranties, restrictions and disclaimers of responsibility which accompany it.

If simple, largely stationary, furniture items have the potential to do that to your body, what can the emission of gases do to the raw and encapsulated coins contained within them?

Well, there is a reason why I put those caveats in there. As far as formaldehyde and off-gassing goes, that's normally something that will occur for a certain period of time - a couple of years, slowly, I think - and then it drops off as the amount of residual formaldehyde is depleted. Not that I think anyone wants to buy a cabinet and spend the next 3 years letting it air out before they use it.

58 minutes ago, Mr.Bill347 said:

I am only supposing here, but if you have a number of NGC graded coins, would it be acceptable to display them in a wall cabinet made for slabs, or just leave them in an NGC plastic box?

Just my 2 cents, but, if you're keeping slabbed coins in an appropriate wall display cabinet - which is to say the materials the wall cabinet are not off-gassing with stuff that will corrode or color the coins - and you leave the cabinet closed most of the time in an air conditioned space / house then you should be fine. The slabs will severely limit air exchange with the surroundings and the cabinet will further limit it. So unless the space is overly hot and or humid- which is bad for copper and manganese brass keeping color - I doubt you'd have a problem. Any change is likely to be very slow unless the coins already had a chemical or toning agent on them.

On 2/16/2021 at 9:47 AM, RWB said:

...It could have a burst water pipe on the reverse -- or possibly a family shivering the the dark. Just thinking about "pop-up" commemoratives as a new category for the Mint to try.

I both love and hate you for this thread...