jto

A journal by JTO

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About this journal

Updates and Improvements in the Registry and Forum

Entries in this journal

Why the comments were removed

Was this done to damped the dissatisfaction with NGCs recent changes? It occurs to me that one reason that the "comments" option was removed was to dampen/minimize the voice of those of us who are unhappy with the changes that NGC has made recently. Most significantly the decision to no longer allow PCGS coins on the NGC registry. This was obviously a business decision made at the top level of NGC. Presumably the thought is that people will start crossing
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What would grade you give this coin? PCGS ...

ridiculous variations in grading standards depending on the coin and who submitted it. PCGS is like a politician, you get the grade you pay for. I first recognize that something was not kosher about 6 years ago when I bid on and won a 1934--S Peace Dollar in a PCGS AU-58 holder from Heritage. The photographs were washed out and that when I got the coin in hand... WOW talk about ugly. At best, the coin should have graded XF-45. I concluded; Marquis coins submitted by auction houses get up
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What is this? take 2

Is this a US Mint issue? Did the mint really sellout to the big marketers with no public release? I found this on MCM for an obscene amount. It appears to be a US mint issue and NGC has certified it giving it credibility. On the US Mint website there is no mention of this coin on the product schedule. can anyone tell me is the really what is? It seems to be a direct to marketers sellout by the US Mint completely cutting out the public. On the competitive set under the national park service t
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What is this?

Did the mint really sellout to the big marketers with no public release? I found this on MCM for an obscene amount. It appears to be a US mint issue and NGC has certified it giving it credibility. On the US Mint website there is no mention of this coin on the product schedule. can anyone tell me is the really what is? It seems to be a direct to marketers sellout by the US Mint completely cutting out the public. On the competitive set under the national park service this is listed with no
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What grade is this coin?

I bought this coin and I wanted your opinion: what numerical grade would you give (1-70 Sheldon Scale). This coin is certified by NGC (not a Problem, Details, or No Grade coin). The grade assigned puzzles me and I would be interested in the collective wisdom of the group. I will post the grade, photo of the coin in holder, once I give you all a chance to vote on the grade you would assign as a grader for NGC or PCGS. If you think that the grade would be different between the two major servi
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What do you think, Full Head?...

I found the 1916 in FH I had been waiting for. After a long wait I found a full head 1916 Liberty Standing Quarter with original surfaces and a great strike. What do you all think? The 1916 FH is always much softer than the 1917 FH. In my opinion the 1916 is not really a "type one" to be grouped with the 1917's. It has a completely different master hub. Look at the stars on the gateway or the letters on the obverse and on "United States of America" on the reverse. The stars have a softer
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What about New Orleans?

Carson City gets itself and denomination set shouldn't New Orleans? And maybe even San Francisco and Denver. I lived in New Orleans for 4 years in the early 80s. I grew to have an affection for the city below sea level. The New Orleans Mint Museum is one of the most un-pretentious and enjoyable museums that I have been to. New Orleans was the first "branch" Mint to coin non-gold coins. It began with a beautiful "no stars" dime. The 1838 New Orleans proof half dollar was likely minted in Phila
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Was there a GSA Gold Hoard and subsequent distribution?

I've never heard of a GSA gold hoard release is this just a marketing ploy? I was browsing the auction archives at Heritage and came across a group of coins that I had never heard of. They were 2-1/2 dollar Indians slabbed in an NGC holder with the GSA attribution. This makes no sense to me in view of the fact that when gold or bullion was recalled by the federal government in 1933 it was melted into ingots for storage at Fort Knox. I know that in the past dealer's with enough coins to grad
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Updates and Improvements

The "journals" are worse not better.  The registry is also worse and I have cut my time there by 80% (maybe a good thing?)  NGC has taken the "high road" out of town and left us, the collectors, behind.  Why do I have to go to page 4 to find my U.S. coins?  The time is ripe for a Third, Third party to open a user friendly Registry for us "the collector" that serve as the fuel for the hobby.  Maybe the ANA, hint , hint... A good registry is like a virtual Dansco or Whitman album, with hol
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Shattered

A shattered 1797 Half Cent Here is s coin with a well recognized repunched date (1 over 1). I am curious as to what the markings are to the right of the upper 1. Are they the remnants of the re-punched date? There does not appear to be anything on the reverse to explain them as die clashes. It also has evidence of several major obverse die cracks. Die crack #1 that runs from just before 12 O'clock to Miss Liberty's hairline. A second die crack (#2) from just after 12 O'clock runs in a w
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Remembering Mr. Jay H Cline

From his formal top hat to being the foremost seller of the two bit coin, he will be missed. I bought this coin at the Long Beach show in 2010 from Mr Cline. Although not a standout even one of the weakest coins in the set and I paid a premium to it "buy from the master" it was well worth the experience. He was willing to talk with me when, at the time, I had not yet read his book and did not have a good knowledge of Standing Liberty Quarters (SLQ). As you can see he was also willing to autogr
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Rare 1877 Indian Cent, Not

This coin is anything but rare, just check out any major auction. This coin was brought from Rick Snow. It got the PS designation but only, in my opinion, because of the date. This coin is poorly struck on the its right side, including the date and AMERICA on the obverse and the bow and arrows on the reverse. The fact that I bought it means the only person I really have to complain about is myself. I chose the coin. With that said I am a bit tired of hearing that this is the toughest is
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Problem Coins Part II

Checkout the scores for the 1793 Half Cent If the 1796 quarter posed a quandary the 1793 Half Cent is downright insane. Here are the scores for a 1793 Half Cent. Pr G VG F VF 40 45 50 58 4416 5651 5771 5965 6089 6215 6343 6473 6874 The coin pictured below garners a whopping 3045 points. That's over 1000 points less than the coin that has been rubs so smooth that you can only tell what it is by the faintest of attributes. Also the diff
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Problem Coins II Continued

Here is a my problem VF Details (3043 pt) next to a current auction Problem Free Pr-1(4416) pick one Sorry for the formatting flaw and typos in the last message. Here I think a (or 4) pictures are worth a thousand words. To see old comments for this Journal entry, click here. New comments can be added below.
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Problem Coins

Is problem finely detailed rare coin better than a no detail Problem free coin? A one year type quarter. So She has the mumps and graffiti which are nicely described as "Counter Stamped". Why not American Chop marks? I think that the "problem free" coins at some point will not be the be-all-and-end-all of collecting. In this case the coin pictured was in an auction with another that was problem free but with "About Good" grade (rubbed smooth) and sold for thousands more. I lost this coin
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Points and type sets

Is a 1909-S VDB red equal to a 1958-D? Sometimes I don't understand the scoring system. At first look it is almost a dollar per point system or maybe it is based on rarity? But by what standard, mintage bears little to no resemblance to population (severely overestimates in an un-equal distribution) or the population reports (which over estimate due to re-submissions). The score seem vaguely reasonable but I have a pet peeve. In the type set it seems you should get more points for say....
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Photo Take II

I have tried for years to crop circles, that is Coins... Here is the corrected version of the previous photo. I have corrected the die rotation. The coin was slightly rotated clockwise obverse ~1.7 degrees. This did not account for the full reverse counterclockwise rotation of 7.2 degrees. 17601.TIF To see old comments for this Journal entry, click here. New comments can be added below.
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PCGS NEVER make mistakes, because of superior QC

Here is a coin that I paid a whopping $360 for, obviously in 2002.  I was proud of my find because all the other bidder appeared to be bidding on the holder not the coin.  The value of a 1908 with "Motto" is, or was higher than the no motto variety.  I paid $40 under greysheet for th coin which was about par for the with motto variety at the time.  I took it to the PCGS booth at Long Beach and they aggressively offered to reholder the coin for free, I passed.  So the coin sits misunderstood by i
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Oops another New Orleans notable

The 1839-O half-dollar was the first minted in New Orleans and not Philadelphia! How could I forget the first New Orleans half-dollar. This has always been a favorite of mine. Although many reference books describe the first New Orleans half-dollar as being one of the few 1838 proof issues, current research suggests most if not all, most likely all, were minted in Philadelphia. This has to do with the dye characteristics and the proof quality. As for the re-punched mint mark it turns out t
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NGC Please Don't Leave U.S. (us) for the World Market

There seems to be a growing corporate strategy for NGC to focus on the Non-US market over the US and leave the US to PCGS.  I may be wrong and this is in no way a dump on NGC (you can read my laudatory comments about Mark Salzberg and NGC in the "A SLQ Problem Coin's Journey to Righteousness" journal thread.)  https://www.ngccoin.com/boards/blogs/entry/292-a-slq-problem-coins-journey-to-righteousness/   It appears that while NGC is increasing its investments in the international market
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New PCGS Holders Don't Fit In NGC Boxes

PCGS does it again making their "New" holder Worse than their old ones. Sometimes I wonder if the people at PCGS are just mean spirited, greedy or maybe both. The new PCGS holders which were introduced a few months ago have added security feature on the bottom of the slab. This consists of a series of capital letters. Presumably to accommodate this feature they made their slabs fatter. Okay... Also, NGC lead the collecting community with the edge
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New Orleans Type Set Finally complete!

Added the last of the New Orleans issues to complete the type set. Finally, I finished my New Orleans type set. Although the registry has a Carson City--one per denomination, a type set, the New Orleans Mint has not been deemed worthy of such a designation. Nevertheless, after completing the Carson City set, I slowly, over several years, worked to complete a New Orleans type set. The Double Eagle was difficult only based on price, the $3 was not bad and the halftime, no stars, was actually
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New Orleans part 2

another great New Orleans coin here is the affordable New Orleans half dollar, mint mark obverse. To see old comments for this Journal entry, click here. New comments can be added below.
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My original title was What Would You Grade This Coin?...

My original thesis was that Marquis coins get preferential treatment but I could not leave well enough alone... I am glad that we got the discussion that we got. 21 people felt it worth their time to write a response and over 200 views. The original Title was "Marquis coins get a pass from PCGS" Then I changed it to "Is this fair grading? See the grade PCGS gave and guess who submitted it." The point made by Mark on his posting was a good one. It did not escape my attention that the holde
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My Gobrecht Original or Unknown

This is truly an original original. There has been a great deal of study on the sequencing of these dollars. One of the relatively early revelations was that the name below base, which was always assumed to have preceded the name on base, actually was a re-strike. During the original striking in December 1836, the first coins were struck. Only those of the earliest group are free from diagnostic die cracks and clash marks. This coin is free of one of two of the earliest die state changes. The fi
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