DaveG

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About DaveG

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    The Post-man always rings twice. Uhm... ring ring?
  1. Read this thread. Generally speaking, shows are better places to buy and sell coins - you have a lot more choice of dealers from whom to buy and more dealers to whom to sell. One exception is low-value or heavy items many dealers hate to carry this material to or from the show, especially if they have to fly. Sometimes, small local shows are better for this material.
  2. Just to clarify, RWB put out a DVD of the Assay Commission Reports, which is available from Wizard Coin Supply Many of the Mint Annual Reports are available online at the Newman Numismatic Portal The gold coins that were deposited for recoinage are just listed in the Annual Reports as an aggregate dollar amount for the year. RWB may be able to say if more detailed records exist in the Archives. Generally speaking, the silver coins were also just listed in aggregate, but there were several "special" sections devoted to redeposited silver coins, I believe, for example, around 1854. The Coin World Almanac (from 1995), in its discussion of gold coins, estimated the percentage of each denomination that was melted, but I don't know how they arrived at their estimate. A number of coin dealers (for example, Doug Winter) provide estimated populations for the coins in which they specialize, but there just isn't enough information available to do a statistical analysis.
  3. David Lange wrote a column (I think it appeared in The Numismatist) a year or so ago that discussed the Types of 1916, 1917 and 1918, which prompted me to go back to his book to read about them. He mentions in the book that there aren't a lot of varieties among the Mercury Dimes, so perhaps the series never attracted the variety collectors. Although, I think there's at least one Mercury Dime variety collector ATS. I've kept an eye out for these coins at my local shows, but I just don't see a lot of slabbed coins from these years. Perhaps I have to go to a bigger show to do that.
  4. Well, you can evaluate the book yourself, as David Lawrence has put it online: Link to Mercury Dime book Personally, I like the book, although I'm not a huge Mercury dime collector. It was the only Mercury dime book out there until Whitman put out its Red Book on Mercury Dimes/Standing Liberty Quarters/Walking Liberty Halves. If you're interested in the genesis of the Mercury dime design as seen through original documents, then you need to get the 1916-1921 volume of Roger Burdette's Renaissance of American Coinage, available through Wizard Coin Supply I'm not a Washington Quarter guy, but you might look at Whitman's Red Book on Washington Quarters.
  5. I also got the same email when I placed my order - I'm pretty sure it's just a boilerplate email. Today I got an email from Heritage that they had charged my credit card for the book and that they normally ship within two days of receiving funds. I'm looking forward to receiving it!
  6. I don't think that the whole "modern" vs. "classic" debate came into being until the grading services were created. If I recall correctly, when they were started, neither PCGS nor NGC slabbed coins minted after 1964 or so and the, when they did start slabbing recently minted coins, the collectors who wanted those coins wanted them in ultra high MS and PF grades, while collectors of earlier minted coins were still buying them in circulated grades.
  7. I understood, from Julian's story in the video, that the owner damaged the coin fairly soon after taking possession of the coin (in 2004). I forget when NGC started slabbing coins in "details" slabs, but I think it was within the last five years or so. Therefore it's possible that the coin was resubmitted between, say, 2005 and 2010, which would have been when they were still body bagging coins. I also understood that Julian knew the owner before he bought the coin, saw the coin when the owner first bought it and has known the owner ever since, so unless the owner is the one trying to pass off a second coin as the first coin (which I think Julian would be able to detect), Julian would know that it's the same coin. All that being said, I don't disagree that Julian sometimes gives me "used cars salesman" vibes.
  8. I think that every coin collector who wants to increase his store of knowledge tries to "buddy up" with more knowledgeable collectors. The problem is usually with collectors who think they already know everything and never listen to advice.
  9. No, there's no generally accepted date for when Classics become Moderns. For some people, it's 1964, when silver coinage generally ended. For others, it's 1959, when the Memorial cent was introduced. For still others, it's 1836, when the Philadelphia Mint started using steam-powered coin presses. As my father used to say: "You pays your money and you takes your choices."
  10. I think much depends on the size of your coin budget. If your budget is big enough, then you should try to develop a relationship with your local dealer. If he doesn't have the coins you want, then perhaps he knows dealers farther up the food chain who do and he can get some coins for you on approval. This approach is easier if you're buying $200 coins rather than $20 coins. However, if he's a good dealer, then you should encourage him by buying what you can from him. The other thing to do is develop relationships with the dealers at the shows you go to who carry the coins you like. Once you're familiar with their inventories, you can visit their websites and have them send you coins. Finally, you can search for websites of dealers who carry the coins you want but who you can't meet in person. We "old guys" remember when dealing with mail order dealers was one of the main ways we had to buy coins. Now, of course, having people mail you coins you might have to return implies that you will incur monetary and time costs, but, at least you won't have to move to an area with lots of coin dealers and shows or spend time away from your family. My final piece of advice is, if you've only being collecting for a year or two, take it slowly - read coin books and magazines and don't be in a big hurry to spend lots of money on coins. Build your expertise. I've seen a lot of guys who dived into coin collecting head first only to lose interest after a few years (and regret how much money they spent).
  11. I ordered my copy. It's nice that there's no shipping charge!
  12. How would there be any benefit to the Government from demonetizing the coins? As long as gold coins remain "money", they're covered by counterfeiting laws - if they weren't, there wouldn't be any way to go after the counterfeiters like those in the Middle East back in the 1950s, who made fake gold dollars out of the correct amount of gold and sold them for the premium above bullion value that gold dollars fetched (and still fetch).
  13. Today I went to the (usually) First-Sunday-of-the-Month show in Parsippany, NJ. This show usually features about 80-100 dealers and a wide variety of material. As the more astute among you will have noticed, today is not the first Sunday of January. Well, for January and February, the Parsippany show in on the SECOND Sunday of the Month! As you might expect, there were a lot of empty tables and a modest crowd on the bourse floor today, as many dealers and collectors were still in Florida. However, the show was rather better than I expected, as several dealers were back from FUN and there were more collectors on the floor than I expected. On the whole, it was a nice show, as there were still good coins to be seen and with less floor traffic, it was easier to see them. I spoke to Vince Blume, who said FUN was a good show this year - good attendance and a fair amount of business being done. Since I wasn't looking for anything in particular today, I went hunting for older slabs. I still see a decent number of PCGS rattlers on the floor, but overall, fewer OGH holders. Older NGC slabs are an uncommon sight - it's unusual to see a "pre-bar code" holder (NGC 4, last used in 1992, and earlier varieties). I picked up an 1884-O Morgan in MS-62, which was in a PCGS 2.5 slab (used briefly in late 1989). I don't see this model often (compared to immediately earlier and later slabs), although today I saw two of them on the floor. The funniest sight of the show was seeing a Maine commem in what looked like a PCI slab - except that if you looked carefully, it had an NGC label and insert! I think someone cracked out an NGC graded coin and placed it inside a cracked-out PCI slab. The PCI slab looked undamaged, from a casual glance. Yesterday I went to the NY International, which was a very nice show, although somewhat subdued this year. The British dealers seemed a bit "down" and perhaps there were fewer of them, for example. On an interesting note, I was speaking to the rep from SAFE Collecting Supplies (which carries Eschenbach magnifyers); he said that Zeiss stopped manufacturing magnifying glasses a few months ago (which would leave the high end of the market to Eschenbach). Has anyone else heard this or noticed a shortage of Zeiss magnifying glasses?
  14. Congratulations! From Mine to Mint is one of the best numismatic books I've ever read - If you haven't read it yet, you should. It's available from Wizard Coin Supply, of course.