Revenant

The value of the silver in a Franklin half dollar ("melt value") is about $6.25 currently. So you got that for under melt, so that's a very good buy. Kennedy half dollars are a bit more complicated. Older ones, like that 1964, are 90% silver like the Franklins, so they're very good buys at that price. The ones from later in that decade are only 40% silver. Some of the later ones are just clad and have no silver. I'd definitely buy anything 90% silver at that price.

The Newbie Coin Collecting Questions forum is a good place for these questions.

The quality of the photos provided, combined with the advanced state of wear on the coin, makes the coin just look pretty heavily worn. 

1 hour ago, Mk123 said:

OP, wow I hope this coin is authentic and grades! Please keep us updated!!

Always interesting when one comes in that isn't a bad fake that we all immediately call out as junk. It'll be a bit of a heartbreaker if it's fake.

3 hours ago, King Khan said:

 

My bad luck that I purchased 2 of them.

If someone is selling 2 copies / examples of a rare old coin: red flag

If they then claim to not know if said odd abundance of rare coins are real or they claim they just found them in an attic / inherited: HUGE Red Flag.

If your score is the same and one set has pictures / descriptions and the other doesn't the set with them will rank higher. The ranking system rewards putting effort into presentation / display.

I think It's only a replica and subject to the hobby protection act if it's marked as a copy or reproduction.

If ot isn't clearly marked it's counterfeit currency and at that point I don't think it's even technically legal to possess it - you might have to mark it as fake to make it legal to own. Others may know better than me on this.

8 hours ago, ChrisInJesup said:

 I think someone that won the "Best Modern Set" for example.... makes an improvement in their set before receiving that award again. Otherwise, I just buy the "BEST" coins and win! And if that person doesn't improve their set, another set get an OPPORTUNITY to win that prize!!

I'm not aware of any cases where 1 set won the same major award twice and it's rare for a set to win 2 of any kind - I think there have been one or two times where a set got something like "Most Creative" one year and "Most Informative," another year. So I think you're worried about something that doesn't happen anyway.

They give you a small discount if you sign up for autorenewal.

45 minutes ago, Mk123 said:

@Revenant Its rarely used and people aren't flocking to it like CAC. If I'm correct, WINGS has been out longer than CAC also!

Just joking around.

43 minutes ago, Mk123 said:

@Alex in PA. Get into world coins! More variety and less drama

But more WINGS, apparently. Lol

On 9/30/2019 at 2:39 PM, VKurtB said:

The problem we have here, dearest newbies, is NOT that you don't have the answers; it's that you don't have the right QUESTIONS, and I don't know what to do about that, and frankly, it's not my problem. If somewhere your eyes have come across a coin-related YouTube video, we first have to "deprogram" you, because your numismatic brain has been fried.

"If you can't say something nice..."

Honestly, kurt, we all get frustrated sometimes in dealing with the same types of questions, but being nasty doesn't help. There are times when you seem to almost rejoice in it. If you start feeling the need to bite someone's head off, maybe take that as a sign to avoid the newbie forum that week?

Get coal in the ole stocking this year?

17 minutes ago, Alex in PA. said:

"My guess is that a large percentage of potential buyers for your coins won’t have concerns about authenticity or whether the holders are chip imbedded."

What will this large percentage of potential buyers be concerned about?

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I think one of the things that is worth considering is, "What is getting faked?" For instance: There isn't a large collector base for my Netherlands 10G coins. They're mostly bought and sold as bullion substitutes and even the graded coins don't go for much over melt, even in gem grades. So you aren't likely to see a lot of Chinese counterfeits in fake slabs. There isn't enough of a market / demand for them to sell into.

20 minutes ago, Alex in PA. said:

 It is just my opinion but this seems like a good time to sell and get out of the hobby.  I wonder what will be next?

I guess it depends on how you see your hobby. If your collection is your savings then maybe so. My collection is bought with my small "fun budget," maybe more if I get a nice bonus. My liquid savings exists apart from this and so does my retirement money. So let prices drop. I'll buy more.

The funny thing is, OP is right in a way. If he really had something, he/she shouldn't have to explain the pictures. But we don't get it... Because there's nothing interesting about the highlighted features of this coin.

I think where this is likely to really come into play is with high value coins (>$10,000), which seem to tend to go in auctions and more major dealers. I think at that point you'll have the auction houses and the dealers - who will know about these features in newer holders - checking these things and you might see auction houses start saying that they've checked this as a verification step.

In that context - high dollar coins that are more attractive to fake and fake slabs for - this could have potential. If they roll this out for every coin I will just think it's a massive waste. You don't need this for common modern coins that don't get faked often and which only get graded for us Registry bums.

Edited to add: Also in the context of high value coins, I could see someone paying $30 to send in and reholder a $10,000+ coin for this security feature to make their lives easier on resale. You will see that happen, you won't see people reholdering things like me and my 10G set - it will never be worth it.

2 hours ago, KarenHolcomb said:

Y'all win. I won't be back. I hope you are happy. Shameful, the whole lot of you.

What did I miss???

I don't think anyone has been dumping on newbies lately - not that I've seen.

28 minutes ago, MarkFeld said:

 

Just because someone likes the idea, doesn’t mean they’re a PCGS Koolaid drinker.
 

Does it make the rest of us petty just because we don't see this helping things much?

1 hour ago, P.BETHANIS said:

 

I guess I just can't see the reason for  U.S. coins only.

Bethanis

For the reasons why they pulled World coins, first, in 2012, before they pulled the US coins, in 2017, you'd have to go back and look at the announcement of the decision in 2012.

I suspect the reason US coins are ba k and not World is that they grandfathered in old PCGS US coins when they stopped letting you add them in 2017. The fact that the "favored old guard" got to have PCGS coins but not the poor, down trodden newbies lead to endless cries about unfairness. So now it's "fair" again.

@Mk123 which supports his conclusions that it is a gimmick with no real value.

Really, this will only help in coin shops and coin shows. Over-the-counter transactions.

35 minutes ago, robec1347 said:

I'm pretty sure if NGC were to make a similar announcement here the reaction would be much the same as ATS.

 It's not a new idea. I remember the idea of RFID tags being built into slabs coming up years ago here - I think in 2013 or 2016. The idea was pretty heavily panned back then.

18 minutes ago, Mk123 said:

Do any of you think its necessary for NGC to do something like this?

For example, there was some fake gold in NGC slabs that, if you looked them up on the cert lookup, NGC had already flagged gold coins with that cert as fake, so a quick look would tell you to avoid these.

Also with NGCs cert lookup, I can look up a coin a seller is selling and match it up with the NGC cert pics. If the coin in the cert pic has a scratch on the nose and the sellers pic shows nothing on the nose, bam, different coin, must avoid.

Personally I think it's a waste and a misapplication of the technology.

At some point, even if they somehow manage to make a slab the fakers can't fake, they'll just keep faking the old ones. 100 million slabbed coins won't be reslabbed.

I think others have said this before too but IIRC they come in two flavors: active and passive. The active ones can be read at longer ranges and can send more data but they have batteries, which can die.

I don't think will even be all that hard to fake this. They'll just find a way to have the fake send you to the right place. Failing that, even if they have to fake the site, if you're selling 1000+ of them it's still well worth it. Failing that, they could just bank on people being ignorant or lazy or they could just continue putting fakes in older gen fake slabs so people don't expect it to work.

Like kbbpll said, there's tons out there now with no NFC. More NGC coins out there than PCGS and NGC hasn't announced this... Yet. It will be years probably before these things start making up a significant portion of anything other than new issue graded modern coins.

1 hour ago, Ali E. said:

Thanks for the request.

A collector cannot edit another collector's coin comments. Please let us know when we may assist in the future.

I didn't think he was asking for the ability to edit another's comments or to publicly comment on another collector's sets / coins. Maybe he was.

Personally, I wouldn't want a feature allowing us to comment on another set. It's nice with the journals, but if anyone wanted to talk to me about one of my sets I'd rather have them send me a PM. If you do add a feature like that, please make it so that we can opt out / disable it.

11 minutes ago, BlakeEik said:

Those are comments you make for your own coins.  Can you make comments on someone else's coins?  When I look at someone else's set, that icon is not there.

No. But you can send them a message to talk about it.