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Conder101

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Everything posted by Conder101

  1. Yes, and years go that information used to be published in the annual report of the Mint Director. (Until about 10 or 15 years ago those reported with a few hundred pages long and had tons of information. Now they are only about 60 pages and don't say much at all.) The only reference in the Fiscal year 2019 report is on page 13 where it shows that 2.8 million dollars worth of "mutilated & other" coinage was destroyed.
  2. Or a proof. I think there is a chance that Ratzie has finally stumbled onto something worthwhile.
  3. That line could have been said back in the 1970's.
  4. Did you notice the smiley? PCGS ISN'T going to do that for you. That was a brief one time fix they did for a problem back around 1989. It isn't something they offer to do.
  5. To me they are still just bullion coins, worth maybe $25 each. The slab and label adds nothing to them.
  6. This is what you needed From the Miscellaneous section of the slabbook I’m still not sure why this next slab was issued. Some have told me that PCGS did this briefly during the period between the discovery of the counterfeit slabs and the introduction of PCGS 2. I find that hard to swallow because if I had recently heard stories about counterfeit holders and then saw a slab like this one I don’t think I would be too sure about the authenticity of THIS slab. Personally I think PCGS just temporarily ran out of cent sized holders and used a larger size instead. Then they used a white foam ring to fill the extra space. I have seen only two or three of these.
  7. The contractors have similar policies. If they have more coin on hand than they need for their customers they will send them back to the Federal Reserve. I'm sure the contractors aren't sitting on all the small size dollars out there, they got shipped back to the Fed. (of course with the coins of less than half dollar denomination, they almost certainly aren't shipping anything back right now. Modwriter as for your coins they aren't exchanging them roll for roll because they need the ones they have on hand for their business customers, and there is the chance that your rolls could be short and they don't want to risk passing short rolls to their customers. So you coins will either be sent back to the armored car service to be counted and rerolled, or they will do it later themselves in house. (that way they don't risk sending them out to be rerolled and than not being able to get as many rolls back due to the current shortage. (you don't send them 500 rolls for recounting when your orders for 500 rolls are being rationed to 250 rolls. You just keep them and count them yourself.)
  8. I also thought CAC doesn't consider the + part of the grade, so they would still just be rendering an opinion on whether or not it is "solid" or high end 64. (Which if PCGS is calling it a 64+, it probably is safely at least a solid 64.)
  9. So I take it that means no more new issues of JNR, and I now have the full set.
  10. Small correction, the GSA sales were 1972 - 1980. The period up to 1964 was simply the Treasury redeeming silver certificates with silver dollars. The GSA had nothing to do with that. After they stopped redeeming for silver dollars they took inventory of what remained and then spent the 1964 to 1970 period trying to decide how to dispose of the remaining coins. The plan for the GSA sales were what they came up with. The sales were conducted 1972 - 74 and then discontinued. The final sale that got rid of the last of them took place in early 1980.
  11. And if they went bad in the holder after they were slabbed (which they probably did), they are not covered by the PCGS grade guarantee.
  12. Oh my gosh it's a 1983 D copper cent planchet!! Too bad they used it in early 1982.
  13. It was like that in the 1970's as well. They would have cost breakdowns that included the office space (they owned the building, possibly. You can't be sure. The government owns hundreds of vacant office buildings, but is constantly renting office space from private companies. ), the office furnishings (which were pulled out of government owned storage), and these same items would be charged off again against every program. It was obvious they were padding the production costs. I'm sure today they are charging off the cost of the presses against every program. Not the depreciation, the full cost of the press which they have been using for years.
  14. Nah, they are too busy trying to find their own varieties among all the trivial listings.
  15. It used to be the Mint was allowed no more than a 20% mark up over cost. Cost included face value, cost of materials, cost of the packaging, cost of production, and marketing. If you use that rule of thumb 20% markup = $12.90 Face value = $1 Cost of materials = $19 That means cost of production, packaging. and marketing would be $31.60 The case and capsule would, being generous, be $5. So they are claiming the cost of production + Marketing is $26.60 per coin
  16. You need a slab like what Digital Coin Grading Service used. The coin was in a "well" in the front shell and the back shell closed it off. The effect was like that of a coin in an Airtite mounted to the surface of the slab. It provided a clear 360 degree view of the edge of the coin.
  17. The GSA used four different holder types, three large hard plastic, one small soft plastic.
  18. If it was a steel planchet, with a good magnet the coin will JUMP off the table to the magnet when it gets within 3/4 to a 1/2 inch of it. With a heavy nickel plating it you put a magnet on it it will easily pick it up off the table but it won't jump to the magnet. On my voice to text program the commands are Open parenthesis, close parenthesis and open quotes,close quotes
  19. Not surprising since the white "burnished" look comes from how much the dies are "etched", and not really the planchets. I believe the regular and and burnished dies differ only in either how heavily or finely they are etched. They talk about burnishing the planchets for the W mint burnished coins but ALL planchets are burnished. They may use a different burnishing solution, but surface finish differences are almost totally the result of the surface finish of the dies, not the planchets.
  20. Just remember that unless you are a world class grader and you have VERY carefully selected the quarters you are submitting, the chances of getting back anything higher than a 66 are slim, and the chances of getting better than a 67 are practically zero. So 99.9%+ of the time you will pay way more for having them graded than they will be worth after they are graded. I don't know your experience level, but way too many beginner see youtube videos touting high prices paid for things like state quarters and get they idea they can just go to the bank, get some quarters, have them graded, and start rolling in dough.
  21. Value is about 1/20 what it would cost to get it graded.