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Posts posted by Revenant
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For the Series 1 and 2 Mint State category, is there supposed to be a slot for a 2017 Rooster and a 2017P Rooster?
Silver Dollars, Series One and Two, 1999-2019, Mint State Sets | NGC Registry | NGC (ngccoin.com)
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I was pretty stoked a while back for the 300th entry in my 14 year old journal.
- RonnieR131 and GBrad
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On 10/25/2021 at 9:28 PM, VKurtB said:
If you’re seeing single digits for a buy/sell spread, you’ve found a unicorn! Over 25% is typical in the real world. It’s the single biggest reason precious metals suck as an investment.
Pre covid it was pretty easy to get sub 10% premium over spot. Now it's crazy.
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On 11/4/2021 at 2:13 AM, Chaz1960 said:
When are awards handed out for competitive sets start
If you're #1 ranked at 10Am on 12/1 you'll get a ribbon on your set 1/7 and you'll be able to download a pdf certificate. If you want them to mail you a printed certificate you'll have to request that through your account. I think you usually have to request it by some time in February and then get it March/April.
If you win a major award you get the plaque and credit automatically. You don't have to request it.
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On 10/27/2021 at 8:24 PM, valk1999 said:
My point was once you start adding on extras then the number of coins to reach parity becomes smaller than just figuring basic certification tier cost.
My point is you get a 10% discount on some of those extras on both tiers. So I wouldn't count and I wouldn't pay for elite to get a discount on a scratch resistant holders upgrade because I'd get that on premium without paying the extra $150. And so that doesn't really alter the parity point.
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On 10/27/2021 at 12:17 PM, LISA B said:f you're going to send 50 or more coins a year, I'd suggest the Elite membership, $299 and you will receive the $150 instant credit and a 10% discount off of your grading fees. If you are sending more than 5 less than 50, give or take, I'd suggest you join with the Premium at $149. You will receive an instant Credit of $150 to go towards your grading fees.
This kind of honesty and advice is one of the main reasons why I've always loved this company.
On 10/24/2021 at 8:34 AM, Mr.Bill347 said:Would it be worthwhile to upgrade to Elite level to take advantage of the $150 credit?
I'm a math nerd, and I like math, so let's have fun:
If you do a bit of back of the envelope math, you're paying $150 more for Elite over Premium to get that 10% discount. So You need to spend $1500 on grading fees to save you $150 for that increase in membership level to pay off / break even.
So at $18/coin currently on moderns, you have to submit 83 coins to break even.
For the $22 economy tier it takes 68 coins.
For the $30 gold tier it is 50 coins.
For the $38 Early Bird tier it takes 40 coins.
If NGC raises prices in the near to mid term this math changes a bit. But you can definitely see where Lisa's 50 coins comes from, especially since not everyone submits exclusively moderns.
Edited to add: The funny thing here being that I was literally just talking to my wife about this same topic less than an hour before I saw this, because I'm thinking next year I'm going to probably bump from Associate to Premium before sending in a bunch of stuff, because it basically lets me roll my $20 membership into grading credits, but I don't think I will do enough to justify the elite tier.
- Coinbuf, LISA B and Mr.Bill347
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On 10/18/2021 at 9:50 PM, VKurtB said:
You can do 3 or 4, too. If you don’t mind waiting, at the extreme upper right of the form you can request they be sent back to you together as well. You’ll save on shipping and insurance, but the slowest one rules on when you get them.
Fortunately there's not usually a huge difference unless one is modern and one is a much higher tier. World modern has been an exception of late with very long turnarounds.
I did partner a reholder with an economy that ended up needing conservation, so those reholder coins were sitting and waiting a while for that tag-along to finish. lol. Worth saving the $25 though.
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On 10/20/2021 at 5:06 PM, ronnie stein said:
I might as well not give in now, yet, and get my first credit card ever, They sent me a Debit card 15 yrs ago, have used it sparingly. Join NGC, etc...It's a rare card anyway, debit only, no credit. One of my bankers that I've known for 45 years told me that "your credit sucks". He said I really don't have much of a credit record, but the good news is I don't owe anything. I didn't ask for my score, it really doesn't matter. Cash only for me, don't order on Amazon or Ebay etc... You say no more cash, That's going to throw a wrench into my life journey for sure, I won't have a choice. I'll probably end up quite happy, Besides, I'm getting tired of store clerks asking me if I want my change back. What? H yes I want it back.
Nah. If they say no more cash just use the debit card. You can't rent a car without a credit card but it sounds like you're doing fine.
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On 10/19/2021 at 6:49 AM, thebeav said:
What a bunch of nonsense.
I can't even get the kid at the deli to figure out a third of a pound of potato salad, and they're going to understand 12 decimal places to pay someone a dollar......It won't happen.......
You'd probably see prices in Satoshi, with US$0.01= 16 Satoshi right now, so It'd be a bit like being in Mexico and seeing prices in Pesos, but adding 2 extra zeros
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On 10/18/2021 at 2:54 PM, Ali E. said:
Hi, Revenant.
Our apologies for any confusion; we were updating scores and streamlining sets. Your coins are still eligible in the "regular" Pres. Dollar Mint Set. Thanks.
No problem! I can't say seeing that registry set "going up in flames" would bother me all that much. It's a monument to good intentions with not enough budget or follow-through that now mocks me with its inglorious incompleteness. More just a "What the heck happened there?" moment.
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On 10/18/2021 at 6:49 AM, Jason Abshier said:
We’re moving into a new ‘era’ time to raise the grading scale to MS/PF 100 get ready to learn how to grade/collect cryptocurrency. 🤔
You can't have physical flaws on a digital asset, so all Bitcoin would necessarily be "perfect" I'd think.
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I hope you're not disappointed by the coins when they come. It sounds like you probably just dropped a lot of cash on high value raw coins you haven't seen in person... Good luck. All of that and then giving a huge check to NGC as Coinbuf says... too much risk and money for me / my wallet. I'm hoping this was a reputable auction house and you know about the coins you bought and how to look for fakes and cleaning.
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On 10/17/2021 at 1:36 PM, VKurtB said:
But oddly enough, not even ONE of my transactions have ever been on Bitcoin, or Stoshis, or Yokohamas, or Showa Dollah, and never will be.
I agree. I have no interest in Crypto. My wife asked me if maybe we should try buying some back when it was $7,000 and I was like, "Not doing it. I think it's a bubble." In retrospect, we could have made a lot of money, but I still don't think it's a good idea to buy bitcoin. I thought it was a bad idea then. I think it is a worse idea now.
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On 10/16/2021 at 6:30 AM, Alex in PA. said:Well, I come from that generation that really liked cash and change. What I can't seem to grasp is how this Mayor is going to pay his people. One Bitcoin is now 61,576.42 US Dollar.
How are the paychecks or whatever going to be made out? Who makes $61,000 every two weeks? 1/10th of a Bitcoin; 1/40th of a Bitcoin? Very confusing.
There is a unit called a Satoshi, which is equal to 1/100000000 bitcoin. Most small transactions are in Satoshi.
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On 10/15/2021 at 5:27 PM, Fenntucky Mike said:Why would they want to pay with Crypto? If they aren't already "paperless" and going with direct deposits to accounts there is a problem. If people want to be cashless they can do that now, very easily, and I'm having a hard time seeing the need to move to a crypto currency.
I am probably paperless 95% of the time, but my wife likes cash, my son gets his allowance in cash, and I still keep cash for Hurricanes.
Try using Bitcoin to pay when even the cell network is down. Try using cash or credit after a hurricane.
Try paying a 5 year old his allowance with a digital wallet. lol. Try explaining Crypto to a 5 year old.
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On 10/15/2021 at 3:47 PM, Alex in PA. said:
Today: The Mayor of Miami is pushing to have City paychecks in Bitcoin. san Francisco, New York City, Toronto, Canada and more are Crypto Currency friendly. Any thoughts on this?
Unless they are going to say you get XX bitcoin / Satoshi a year then these people are still having salaries spec'd in dollars and therefore, to me, the dollar is still king. And they are not going to want to state it in bitcoin and not dollars - not the city and not the employees - because bitcoin is not stable enough. The ability to have your pay "go up" 50% in a month does not make up for the chance it goes down 50% in a month.
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On 10/14/2021 at 5:12 PM, Lem E said:
I guess I shouldn’t say it won’t upload because it does, but the only way you can see the new image is to actually hit the “view image” button. The images on the coin page and the set page will remain as the old image and takes a day or 2 to change. Not the end of the world, but it only took seconds before. Just something I have noticed lately.
I actually had the exact opposite problem for a while. The thumbnail would show the new image and the full size was the old one. The set banner images also weren't updating right for a while.
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On 10/14/2021 at 7:50 PM, VKurtB said:
Actually, I’m fairly certain I know why the software is “poopy”. I’m thinking Millennials wrote it.
What's the matter, Kurt? Did the pimple faced kid spit in your coffee?
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On 10/14/2021 at 4:01 PM, VKurtB said:
Or the coders want to ensure their full employment by wrecking something only they can fix. It’s like arsonists working for the fire department.
I don't know on that one... Based on some articles that popped up a year or so ago NGC has fired and sued at least one company for bptching this stuff.
We'll see. I wouldn't be surprised if things get bad enough or they can't fix the issue they can just revert to a prior state.
We had a software update a while back that added a new feature with a bug that it took the software engineer weeks to isolate and reproduce after I found it. I don't think I was his favorite person that month.
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I find that it mostly works okay if I just log-out completely and log back in frequently. Mostly.
With pictures in the registry it seems to help to be mindful of file size since it doesn't seem to be kicking back when you try to upload a file that is too large. It just doesn't change the image and doesn't tell you why. I know they're having other issues with this too but I find that smaller files at least help.
Hopefully this is a sign of some cool new stuff they're working on.
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Never mind. I take it back. I think I see what happened now. New set built in a new category because apparently I can't compete in the old one anymore.
System doesn’t let me add coin to existing slot
in NGC Registry
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I haven't checked the slot but it's possible that that is the first such coin added and they haven't populated the slot with scores yet. If that is the case, you'll probably see it added automatically by the admins within a day or two