Revenant

Interesting bit of research! Looks like you own one of these and it makes you the holder of the #1 ranked 1921-1922 Peace Dollar Proof Set. Congrats on that! From the above, it sounds like you paid a hell of a price for it.

Your Peace Dollar set is also very impressive and the fact that it doesn't even break into the top 10 shows just how competitive / hard to compete in that category is.

8 hours ago, ColonialCoinsUK said:

You need to feed the little lad

I hope you get the coin you are after - that will be one more down!

He was born at just over 3.1 pounds and now weighs in at 18 lbs, so he's grown a lot but he's still small and on the thinner side for a baby his age. We're noticing his food consumption / demands starting to tick up though.

The coin is ordered! More on that to come soon (much more, it'll be a long post lol). Anyway... It'll soon be an 80% complete date set and a 72% complete registry set.

19 minutes ago, MIKE BYRNE said:

What gets my Irish up is that the ANA will have a registry set. There  corporation Mission is education. Now because everyone has one there will be no more learning. I have to get that coin to beat so and so. Collecting is over. Learning is over. It's all about money. This site is complicated to say the least. I do not see the ANA surviving this. Me I still want to learn do research . I want to enjoy collection coins and TOKENS,and medals.

I would assume that most of what the ANA does now to help people learn and encourage the growth of the hobby will continue but now they're just going to have an NGC backed registry as well. No one is going to force ANA members to join or participate in this new registry. The vast majority of people that buy / own NGC and PCGS graded coins even now don't have registry accounts and don't compete with their sets. Even if people choose to be in the registry they can make sets private and not compete. I think you're making a fuss about nothing here, Mike. Is anyone putting a gun to your head to make you put your coins in competitive sets? Why would you assume it would be this way for anyone else?

I don't think I'd ever discover a variety on my own or discover an error coin in my change. I just don't think I'm that detail oriented. It's also something that makes me not trust myself with counterfeit detection - I can spot a bad fake but there are some good ones out there.

36 minutes ago, CBC said:

... and nine months later it's still on eBay at $495 BIN or best offer. 

I've seen things sit for 2-3 years, with the seller just renewing the listing every month - waiting for the right sucker I guess.

3 hours ago, B.C said:

We would need more details about the listing to chuckle 

If it was an auction style listing the starting bid price is the reserve the best offer is used to try to settle before the bidding starts which may drive the price much higher then the opening bid 

If the listing was a fixed price then yes it signals they are willing to negotiate 

All of the above is very true, and my response was talking only about fixed ask / "Buy it Now or Best Offer" situations I've seen in the past. I naturally defaulted to this because I do a lot of stuffy with "Buy it Now" if I find something with a reasonable price because I don't see a lot of what I want come up in an auction format. If I do, the price is set so high that it might as well be "Buy it Now" and often times there's only one or two bidders and it goes for what the starting bid price was or very close to it. Personally, I always view that as a sign of a poor starting bid price. Yeah. It makes sure that you don't give the item away for a song, but if you can get several people interested and bidding you can often do better, and a lot of these listings end with the item unsold with 0 bids because the starting price was just too high.

I'm dealing with something somewhat similar currently. I've been trying to negotiate with a dealer listing a coin at $600 and "or best offer" a week ago or so he offered me and the other person watching it $540. Neither of us took it.

I offered $460 in response and he offered $540... Today I offered $500. He countered with $540... He's not budging from that $540. I'm pretty sure the coin is actually only worth about $450-480, but the coin is PERFECT for a set I'm trying to build. But I'd really been wanting to not go over $525... I'm trying to decide if $15-40 is worth letting it go when this is the first time I've seen something like this coin come up in years. 

I've recently had cases where I made offers on 5 items from the same (another) seller and they countered by offering $1 off each item. I didn't take it and waited while the notes sat on the seller's inventory for 4 months. After relisting them and dropping their prices 2 times, they finally played ball with me a little. Of course, with my current situation with this coin, it has me wondering if I should do the same with this difficult seller. But that again risks losing the coin by waiting.

7 hours ago, ColonialCoinsUK said:

 To complicate matters further price guides/references do not usually highlight, or even take into account, the survival rate at all, or include a complete set of varieties that exist, for example the 1791/0 issue is not included so the full set is actually larger! 

One of the things that tends to frustrate me with my Netherlands 10G set is that NGC includes a separate slot for the 1879/7 variety. That coin seems to be fairly rare. It's hard enough just trying to get mintstate examples of some of the 1880s issues, but getting that variety? I would be thrilled just to have a complete 10-coin date set. Sure, I'd love to get that variety if I ever get the chance. But I am NOT holding my breath for that to happen any time soon. 

10 minutes ago, deposito said:

You can have a lot of fun placing bids that will never win on Numisbids auctions and you will start to get a lot of free catalogs in the mail ...

I don't know, man... I placed a bid on a P-22b Zimbabwe note recently that I was certain would not win the auction and it did. Fortunately the hammer price was $27.00 + $2.95 for shipping. Just got it in the mail today as it happens - rather thrilled to have it as it happens. Never say never! 

10 hours ago, ILJC#70 said:

It's nice to see someone concentrating on paying off student loans as opposed to those that continue to put it off hoping that some socialist will take over and forgive them (i.e. - transfer the debt to the taxpayers).  It was funny to recently see Elizabeth Warren put on the spot by someone who had paid their loans off asking her if he would get the money he paid back if student loans were forgiven.  Her response was "Of course not!"

To put it as politely as possible, and without getting into politics, the Federal Government created a deeply broken system by backing student loans and making them immune to bankruptcy, and then giving people amounts of loans they could never hope to honestly repay. They gave these loans to a generation that had been brainwashed into thinking this was the only way to go. They gave these loans to low income kids who had (and had been raised by parents with) limited financial literacy. The level of student loan debt that many people have cannot honestly be repaid.

I graduated with $8,700 in debt and immediately went to work earning $84,000/year. That's a good situation. It was a good idea to give me those loans and let me get that education.

Honestly, I don't necessarily hope for debt forgiveness of the student loans. I actually hope it doesn't happen unless they first cut off the cash and add means testing so there are no more young adults stuck in such a bad situation - never again. I want them to make it so that the student loans can be removed through bankruptcy. I want the federal government to have to take a haircut for bad loans - taking maybe 10 cents on the dollar if they're lucky in some cases - just like the private banks have to when they make bad non-recourse loans.

Especially when talking about 200+ year old stuff, circulated coins have character! They look cool. We get hung up on mint state and having the highest grades but the circulated coins are fun too.

I think a set of these in VF and XF could be great and you could and should take great pride in it if you build it.

51 minutes ago, Six Mile Rick said:

Put that cruise money towards your wifes school loans. The last thing your family needs to look forward to is a Coronaviris Cruise.

The viris is here. Give it a few weeks and all hell is going to break loose.

 

I guess we'll see. It definitely doesn't look good in several ways but... She's looking forward to it for now. We're also stocking up on some things just in case. I work from home mostly so if that gets bad we're battening down.

What do you mean by plastic trays? Storage boxes? Something else? Have a picture of something similar to what you want, maybe for a smaller size?

Kind of crazy to see Newfoundland spelled out so prominently on that coin. When I was starting to look at Sovereigns I couldn't for the life of me figure out how they could tell the difference between a coin from South Africa, India, Australia or London because I couldn't see a mint mark anywhere. I had to look it up/ read up on what it was and I was shocked by how small and subtle the mint marks were on those coins. Then you see something like this where they wrote it loud and proud into the legend. 

3 hours ago, ColonialCoinsUK said:

I have a few coins with these stickers on - it doesn't seem to make any difference to the prices though. Only a few of the US auction houses even mention it in the listing and most do not, particularly in Europe - I guess people just do not know what it means , everyone seems to know about CAC on US coins though.

Someone here had to explain it to me. So I'd say market awareness isn't great.

If it makes any difference in price it seems to be a difference in BIN asking prices. Didn't really seem to matter for this one because it's a silver sticker but I've seen this seller ask a lot more for ones with a Gold sticker - I guess pricing in upgrade potential or something.

It's a little funny to think of a company getting $12.50 to put a sticker on something to say, "I agree with NGC's grading." Lol

2 hours ago, deposito said:

it can happen to the best of us!   you've got kids, I'm sure you've got stickers everywhere else already

 

PS That coin looks lustrous.  Not all MS63 gold is created equal

The thing that got us this week was stamps, stamps that were used on the wall...

The luster is very solid. The "problem" with the coin, which those high-mag images make clear, is that it has a lot of individually mostly minor bag marks. But if you aren't looking at it under a microscope it's quite handsome in person.

Personally, I found George V to be kind of interesting after seeing how he was portrayed as the kind-of hard-***ed father of Edward VIII and George VI that lead the country through WWI and the lead-up to WWII in "The King's Speech." I like the movie. I wish there were George VI Sovereigns but the silly ole Royal Mint wasn't willing to make that a thing in the 1940s and 1950s.

35 minutes ago, rons said:

Nice coin. I am unfamiliar with WINGS.  Is that a new CAC wannabe?  

From what I understand it's like CAC, but only for non-US coins. Gold=likely upgradable. Silver=good for the grade.

5 minutes ago, Scott A said:

This coin is now crossed over to an NGC holder in the same grade.

Hopefully you informed PCGS.

12 hours ago, deposito said:

But, on the other hand, in the USA, it seems interest in history is pretty well snuffed out in my own and younger generations (besides as an excuse to be mad at someone and think you should get their bike)

I think it depends on the kind of household you were raised in. I love watching documentaries and docu-series on Netflix like Roman Empire and The Last Czars. But I have a PhD in Engineering and my mother had a Masters in History, so I concede that I may not be a very representative 33 year old Millennial.

You can't make something unique by doing what everyone else is doing.  But things like this just also take time and patience and I think some people just totally lack that these days. 😆 

I'm a fan of smaller issues too but I'll always feel the pull of silver dollars because of Grandpa's old silver dollars that mom used to pull out of the safe / lock box and show me. I think things about the size of a US quarter tend to have a nice balance - they were small enough to see a lot of use and circulation but they're big enough to spot really interesting, beautiful designs that have stood the test of time.

52 minutes ago, Master Of Coinage said:

What is the definition of a "slider"?

This site gives a ton of definitions.

https://en.mimi.hu/numismatic/slider.html

Some say it's a coin that could almost pass for a higher grade, so it can be a VF coin that almost looks EF. That's not the definition I'm familiar with.

The definition I'm most familiar with is the one where it's an AU58 with just very slight traces of wear on the high points and the term "slider" comes in that it likely got the wear from sliding across a counter a couple of times the very few times it was ever spent.

On 2/1/2020 at 9:24 PM, deposito said:

Are you familiar already with numisbids?

On 2/2/2020 at 4:34 AM, ColonialCoinsUK said:

As deposito highlighted 'numisbids' is worth a look, I also use 'sixbid.com' as that also covers many auction houses....

Thanks for the information, from both of you. I'm going to be waiting, probably for 4 or 5 more weeks, to see if I'm going to have the budget to move on any of this in the short term. So I'll see if I get to start moving on this in March and, if so, I'll start checking these out more. Otherwise I'll probably have to wait a couple more months.

4 hours ago, gherrmann44 said:

Be patient though, it may take a number of years to meet your goal. 

Well, the set is 10 or 11 years in the making at this point. I'm really wanting to take on the moon-shot of getting an 1880, 1885, and 1886 this year and using the grading credit from the journal award to get them graded, just to finally have a date set of the coins, even if the coins later get replaced or upgraded. There was a time when I'd said I wanted MS65+ for all of these but I did get an MS64 1887 when it came up - it's the 2nd lowest mintage year.

That is what some have speculated. Whether or not the two were actually linked we'll probably never know. Whether or not we'll still be allowed PCGS coins here when the ANA goes live remains to be seen - they haven't made any clear comments on that so far.

2 hours ago, ColonialCoinsUK said:

Revenant, in terms of your 10G set it may be worth contacting Schulman (Holland) and Kunker (Germany) as they often have quality examples, particularly Schulman who may also be able to find one privately rather than through their auctions - likely to be raw coins though!

I'll keep that in mind - posting about this myself soon actually... but... Yeah... They'll be raw unless I'm very lucky.

1880: 61 total graded by NGC

1885: 64 total graded by NGC

1886: 39 total graded by NGC

1879/7: 23 total graded by NGC - this one has never been part of my goal for the set because of relative rarity, but if I got a shot at one it could be fun.

I feel very lucky and grateful to have gotten my 1887 and 1888 already graded from US sellers - 59 and 25 graded by NGC respectively.