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About this journal

I started collecting coins when I was about ten, starting with Lincoln Cents. My acquisitions were funded from newspaper delivery money - what was left after putting some away for college. My collection of "wheaties" was complete except for the five toughest ones that we all know. I assembled a mint state set of silver Roosevelt Dimes and had acquired other late 19th and 20th century items from circulation and from my older brother. I also spent many Saturdays at the bank going through rolls of cents.

When I got to high school age, I began collecting half cents, large cents, and Morgan Dollars. The early copper was at the top of the list.

Unfortunately, my numismatic spending had to stop when college started. Grad school, marriage, children, private schooling (a ski racing academy high school for my older son) and home ownership followed. Except for a 1995 10th anniversary American Eagle 5 coin set, I didn't add to my collection for almost 25 years. (But that turned out to be one profitable addition!)

In the fall of 2003, I realized that I actually had enough money to get back into collecting. I started with a few mint state double eagles. My first coin show was in March 2004 in Baltimore. There I fell for an MS65RB 1850 large cent, and decided to switch gears toward a mint state large cent date collection.

When I stopped collecting before college, I had never seen a coin in a grading service slab. I quickly discovered that NGC and PCGS have some measure of respect, and that other 3rd party graders generally do not. I also discovered the registries. I wasn't about to pay PCGS to cross my NGC coins (or potentially to pay them to claim the coins aren't worthy of the same PCGS grade), so using the NGC registry (as one means of cataloging my collection) was the obvious choice.

It quickly became apparent that I'd never be able to compete with the top sets. (Not to mention that there are superior uncertified collections of early copper owned by members of Early American Coppers, which I have joined.) Though I have money to spend, I don't have that much! Hence my original registry name, Low Budget.

In the summer of 2006 I completed the large cent late dates, and the middle dates followed in 2011. Occasionally I find a nice upgrade.

In addition to the large cents, I have developed an interest in Capped Bust and Seated Liberty half dimes, gold dollars, and nice type coins.

In the pursuit of all this stuff, it occurred to me that Low Budget was not an entirely appropriate name. I'm not super rich, but am able to spend more than many folks out there. So I decided to give myself/my collection a different name that has meaning to me, though nothing to do with coins or collecting. Electric Peak is a mountain along the northern boundary of Yellowstone.

I hope you enjoy viewing my collection, and I wish you much enjoyment building yours!

(last updated 3/21/17)

Entries in this journal

I Just Had to Laugh

at a comment made by a Heritage rep... I just 'won' a couple lots in the Heritage auction held over the past few days. (More journals to come, if I get the time...) Having gotten once pricey half dime, I had decided not to go for another on my list. That latter one did not sell, and is available as a 'post-auction buy'. Last night, I decided to make an offer on it (and did so). I'll have to wait a few days before they decide to accept or reject the offer. Since I've been a regular Heritage

Electric Peak

Electric Peak

The Search is Over!

After six-plus years... If you have read my past journals, you probably know I have been trying to build a P-mint, MS64, cent through dollar 1890 set as a high school graduation present for my youngest son. Why 1890? He was born in 1990, and I thought it would be better to go 100 years early than just get him a 1990 set or a graduation year set. You can do the math. Just finishing the set now is a bit late. He has not only finished college, but has a job. The problem was that 1890 half dolla

Electric Peak

Electric Peak

Battle Born Collection auction

Standing room only After my activities at the ANA show itself (see my previous journal), I went back to my car and ate a snack. It was about 4:30, and that was the first food I had since 5:30 that morning. I walked back to the convention center and found the room where Stack's-Bowers was doing the auction floor sessions. I wanted to get a good seat for the 6:00 session, and was not the first one there. Fortunately, some food was provided, starting close to the session start time. Having had

Electric Peak

Electric Peak

ANA Thursday

One bought, one sold. As I wrote in my last journal, I went to the ANA show yesterday. I left home at 6:15, hoping to make the Liberty Seated Collectors Club meeting at 9:00. I got to downtown Philadelphia just after 8. But while looking for cheap parking, I found myself crossing the Ben Franklin bridge into New Jersey. Despite that mistake, I was able to get turned around, parked, and to the meeting with a few minutes to spare. The meeting had some of the usual content. But it also had an a

Electric Peak

Electric Peak

Pre-ANA Overspending

Three additions from the Heritage auction My wife and I just signed on the dotted line to replace essentially all of the exterior of our house. So what did I do? I went overboard in the pre-ANA Heritage auction, of course. Before getting into those details, I have a couple older notes: First, I had to skip the latest Baltimore show due to work, leading me to consider going to the ANA in Philly. Second, there was one more detail regarding my recent Heritage live on-line bidding problem. In th

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Electric Peak

Thanks, Heritage, Followup

Responses to some comments Wow. With relatively few views of my previous post, there have been more replies than usual. This is just to respond to some of those messages. First up, regarding internet speed: At the time, I was on 15/5 (megabits per sec, download/upload) FiOS service, which has been adequate for my coin activities (browsing, bidding, etc.) at the same time as both of my sons playing on-line action games, without any issues. Nevertheless, this past week I did, for other reasons

Electric Peak

Electric Peak

Thanks, Heritage, I Think

Flirting with disaster Six plus years ago, I decided to give my son a numismatic gift as a high school graduation present. He was born in 1990, so I though an 1890 cent though dollar Philadelphia mint set, in about MS64, would be nice. In the two and a half years before his graduation I was able to get all but the half dollar. In the four years since, I have not been able to find a suitable coin to fill that slot. Last week, Heritage had an MS63 that looked okay. I decided to get this over

Electric Peak

Electric Peak

What's Wrong With This Picture?

I added a novelty to my collection. As I mentioned in my previous post, I won two lots in Heritage auctions over the past week. The first of the two is involved in an ongoing story, so this post will be about the second. In addition to my current focus on half dimes, I still look for upgrades to my large cents, and maybe a type coin here and there. I have also gotten a few Mercury dimes and Walking Liberty half dollars lately. While looking in the Sunday internet-only auction listings, there

Electric Peak

Electric Peak

Pre-Long Beach Shut-out

Goldberg auctions get strong prices on nice copper It is hard to believe more than three years have gone by since the sale of the Naftzger collection of middle date large cents. Some readers may recall my posts about going to the live auction and getting six nice coins. At the time, my middle date registry set was lacking only the pricy 1821 and 1923 keys and an 1828. My prime target in the sale was an 1828. But I did not get it because I was late getting to the auction. Goldberg auctions he

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Electric Peak

Not Following Advice

My wife told me some good financial advice she heard. It makes sense: Don't go broke saving money. That is, do not spend money you do not have just because something is on sale or because you saved money on something else. As I wrote in the wee hours this morning, the other day I 'won' an 1847 half dime at auction for half what I was willing to pay for the 1858 half dime that was my prime target, but did not end up mine. So, having saved so much money... I participated in the Heritage sessi

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A Pretty One Got Away

Nice toning commands high prices. Well, I did keep from buying any more on my last day at the Baltimore show last month. But I am making up for that now. Session 1 of the current Heritage auction included an 1858 half dime, graded MS 67 by NGC, and sporting a CAC sticker. It has pretty toning on both sides. I intended to have it. As usual, I checked various price guides and auction records prior to entering a serious bid. 1858 is a fairly common date as half dimes go, but in 67/CAC with n

Electric Peak

Electric Peak

Yes, Another Baltimore Show

Resisting the Urge I have been over to the Baltimore Convention Center three days this week, and will go back tomorrow. I made two purchases, and have been sorely tempted by a few others. On Wednesday morning, I went at 9:00 for auction lot viewing. My eye had been on an 1849/8 (though the exact nature of the overdate is controversial) half dime in a 66 holder. Everything was fine, except that the vertical shield lines were distorted. I could not think how it could be anything other than a p

Electric Peak

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Very Excited

Not a cut bid this time... I've just been watching the current Heritage auction session, waiting for one coin to cross the block. As usual, when internet bidding opened a couple weeks ago, I made an initial scan of the offerings and placed tiny bids on coins of interest. One of the coins struck me from the beginning as a prime target. Although it is more deeply toned than I generally like, this one seemed pretty to me. It also has low population: combined NGC and PCGS count is just 10, with

Electric Peak

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A Continuing Theme

Two new acquisitions I had my eye on a Capped Bust Half Dime in the recent Heritage auction at the FUN show. It was an untoned 1830, graded MS65 - just right for my set. The reason I liked it was its exceptional strike. Early on, I entered what I thought was a strong bid. The starting bid at the live session was two increments below my secret maximum. But alas, live bidders took it up three increments. I watched, but did not want to pay two increments (or maybe one and a half with a cut bid) m

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Which 1932 coin would it be?

There are not many options! The first coin I ever owned was given to me as a birth gift by my paternal grandfather. It is a 1907 Liberty $2.50 gold piece. Several years ago I had it slabbed by PCGS (one of my "free" gradings for being a paid member), and was pleased it found itself in a MS65 holder. On my mother's side, the giving of coins to newborns was practiced as well. She was born in Ohio in May of 1933. When her father went to the bank to get a 1933 coin, options were few. The only d

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Electric Peak

Digital Microscope Results - Part 1, Basics

Middle Date Large Cents imaged There have been a few posts about digital microscopes or requests for info on such beasts. As readers of my posts know, I purchased a Dino-Lite AM-413T at the Pittsburgh ANA show in October. I still have not had a lot of time to play, but I did take a decent set of shots of my middle date large cents. Those images are now in the registry. Please check out the gallery for that set and see what you think. I used one natural light Ott light, and the Dino-Lite's b

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Quick Turnaround

In it for the money? I was just looking in my daily email listing quarantined emails. One of those listed was from Teletrade, regarding their 25th anniversary auction. So I had it delivered and checked out some items in the upcoming auction. For no apparent reason, I was drawn to look at an 1892 Barber dime, NGC graded MS67 with CAC sticker. I suppose I'm thinking of it as a candidate for my type collection, although I have my almost-available dollars targeted on a half dime in the Heritage

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Difficult to Explain

Way past my conservative estimate... A couple posts ago I wrote about a common variety 1848 large cent, NGC graded MS67BN, to be auctioned tomorrow (12/8/2011). I wrote that I expected the final bid to reach at least $3000 (plus juice). Given that MS66BN examples, like mine, can be had for under $2000, that was a conservative estimate, and I was thinking the total cost might reach about $5000. I had put in an early bid of $1500 to keep it in the My Bids list. If I had the money, I would have

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My Brief Time at the Baltimore Show

I parted with 4 figures, but brought nothing home. Wow, it's already been two weeks since the Baltimore show. My wife (especially) and I have been sick, and I didn't do much at the show, so the motivation to write about it has been low. I hope you all had a good Thanksgiving. First up, I had just gotten another pricey coin from the Heritage Beverly Hills auction, and really had to resolve to buy nothing at the Baltimore show and auction. It helped that I had no significant interest in anythi

Electric Peak

Electric Peak

When I'm 64, or 63, or 67...

Someone might make a killing on this one. With Heritage's next auction available for on-line bidding, I was just looking more seriously at a coin I had noted when the sale was in "Coming Soon" status. Although I'm concentrating on half dimes these days, I'm still looking at large cents and other odds and ends. In the upcoming sale is an 1848 large cent, NGC graded MS67BN. I'm considering it as a potential upgrade to my 66BN. The lot description ends with some provenance information. The fina

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Electric Peak

Temporarily Number 1!

Today's tale of the 2009 UHR Some of you may have noticed that the 2009 Gold $20 Ultra High Relief coin has been removed from the American Eagle set(s). I contacted NGC to ask why. (It's because the coin is not an American Eagle.) Anyway, a new gold bullion set has been created, thanks to quick action by NGC's Jerica Garcia. I created my set, added the handful of coins I have, and am currently #1. Of course, when there's only one set, it's hard not to be #1... To see old comments for this J

Electric Peak

Electric Peak

Childhood Dream Crushed

An old cent isn't what I thought. Like many of us, I collected coins as a kid, and stopped when it was time to go to college. Early in my second decade I spent a lot of time at a local bank searching for wheaties in rolls. Among those I found were a couple 1954-D examples that looked a little funny. One looked like it had a repunched mint mark. The other looked like it had a stray 5 punched high and rotated from the final placement. These days, I'm not a Lincoln Cent collector, but I remembe

Electric Peak

Electric Peak

Playing with the Dino-Lite

Some Pros & Cons I've been playing just a little with the Dino-Lite digital microscope I got at the Pittsburgh ANA show last week. Once the software is installed and running, you just plug it in to your computer's USB port and you see what it's looking at. The basics of operation are easy enough, but it'll be awhile before I have a satisfying setup. I still need to get a good natural spectrum light. Beyond that, it's clear that I'll have to play with the software adjustments or deal with

Electric Peak

Electric Peak

Pittsburgh ANA - Friday

My four cents? Having won the 1888 nickel three cent piece and having entered a leading bid on an 1855 gold dollar Thursday evening, my options for Friday were limited. When I woke up, I checked the bids. I had been outbid on the dollar. So I decided to go to the convention center to pick up the 3CN and buy a Dino-Lite microscope, get a little more flavor of Pittsburgh, and go home. At lot pick up, I was careful to ask first if sales tax would be charged. For the coin I got, sales tax would

Electric Peak

Electric Peak

Pittsburgh ANA - Thursday

My Three Cents As I mentioned last time, I was planning to go to the ANA's National Money Show in Pittsburgh. So my wife and I got up early Thursday morning for the three and a half hour drive. The first order of business was to find a parking space. The Convention Center lot was full. We ended up hoofing it from several blocks up-river (the Allegheny). Once inside, there were two tasks: auction lot viewing and scanning the bourse. There were several coins of interest in the Heritage aucti

Electric Peak

Electric Peak

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