gherrmann44

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About gherrmann44

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    Up 20 words per minute since I signed up

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    coinsbygary.com
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    Wisconsin

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  1. Kerry There's a sinking feeling in me that the "SS Good Old Days" set sail some 50+ years ago. There's anther part of me that says our perspective of the 1954 market is skewed. For instance, when you list the coins and their purchase price in 1954 we tend to think in terms of 2019 dollars. Granted, I believe there is some increase in real value but factor in inflation and the perceived increase in value is not as much as we think. Consider this, my father working a full time job earning a living wage would not have been able to afford the 1954 priced coins you list. I still hear the story of my parents spending $50 for a special pair of shoes because I had flat feet. They had to make sacrifices to afford those shoes in the early 60's. Today, I'll drop a grand for a coin without batting an eye. Overall, I'm happy with the number of great coins that can still be bought today at affordable prices. Thus, there is no such thing as "good old days". In this respect it's all relative. As for the $4 Stella that will be out of the reach of every average collector in any era. Gary
  2. Jackson You are going to LOVE the 7070. I have never had so much fun collecting as I have had with this set. Today I am still adding coins with high eye appeal to this set. Though I only update up to three coins in a year, it is the hunt and the anticipation of adding new coins to the set. I have several more years left in this set before I can sit back and finally call it complete, but when I do, well you know because this post is about that joy! Plus, I will have the added fun of photographing those new coins. At any rate to say that this set brings me the most pleasure is saying a lot because I have quite a few other sets, especially on the custom side of collecting that give me pleasure also. Have fun Jackson, the joy is in the journey. Gary BTW, I still have the MS-65 1944-D Walker you sold me. This coin is NOT subject to upgrading. Even at MS-65, your eye for Walkers is impeccable. https://www.ngccoin.com/registry/competitive-sets/73886/
  3. Yeah, you're dated, I haven't seen one of these in years!
  4. Kerry Your post reminds me of the evolution in grading referred to as "gradeflation". There is sufficient evidence to prove that gradeflation has occurred with coins graded by both PCGS and NGC. For instance, I own a NGC AU-53 1853-D half-eagle with a very distinct look. As is a frequent practice of mine I like to research auction archives of the coins I own to see if my coin has appeared in an auction. Because of the distinct look, I found my coin in a XF-45 PCGS holder with a green bean. To tell the truth I think my coin appears more AU-50 than 53. However, because of the strike and toning, I bought the coin not the holder. Regardless my coin leap-frogged two grades. This has been a disturbing trend over the years because the standards of grading have loosened up. Gary
  5. Here I am!!!! Great to hear from you Kerry! It has been a while and a lot of things have changed. First my employer offered me a buyout of 60 weeks pay and 60 weeks vacation that at my age was just too good to pass up! In other words, I am officially retired! Now I cannot tell a lie, I briefly contemplated buying a first generation turban-head liberty half-eagle. A few milliseconds later sanity returned and I decided to pay off the house. (That one is a much easier sell to the wife anyway). Most of my type collections are complete and I'm working on a few selected upgrades plus additions to my signature sets or what are today called custom sets. While I'm not adding as much to my collection, I will be working on write-ups and possibly delving into displays. I was also accepted as a Money Talks presentation speaker for the ANA Worlds Fair of Money. I will be giving a 35 minute presentation on "The Coins and Medals of Laura Gardin Fraser" on Thursday August 15 at 12:00 PM in room 6. I have been spending big bucks on coins the last couple of years to get ready for this life change. While I am pulling away from the acquisition side of collecting, I am in no way pulling away from the hobby. So Kerry, "Welcome Back"!!!!!!!! It is good to have you around here again, and I am looking forward to more of what you are up to. Gary
  6. I remember your worldwide silver bullion collection and your desire for it to win an award. Today to the best of my knowledge you have not mentioned it in the new journal format. I can definitely tell that you are much more mature in your collecting interests. First you seem more patient in building your collections. You see collecting more as a marathon than a sprint. I'm not saying you ever saw it as a sprint but I do see a move towards a longer marathon. Taking a sabbatical from collecting because you were pursuing your education also showed wisdom. It shows that you have your priorities straight. Collecting today is also kept in its proper perspective as you are raising your children. You make collecting a lot of fun for Ben. (I am confident that Sam will grow into it). I also think it provides the opportunity for you to spend quality time with Ben which makes collecting a tool for building relationships. Much of your writing today tells stories about Ben and collecting all without spending a ton of money! Collecting to you is very much a family affair. This is as it should be. Yes you are older and wiser and if you are around these boards ten years from now it will be interesting to see your growing wisdom chronicled here.
  7. gherrmann44

    A Curious Strategy

    I am currently watching an item for the purpose of pricing an identical item for sale. The owner first listed the item as an auction with a high starting bid. When that didn't sell he listed it for a BIN at a much lower price. When that didn't sell he listed it again for an auction with a higher starting bid but lower than the first. It is interesting to follow this item and somewhat confusing. I hope it sells soon so that I can list my item. At this time I don't want to be competing with him for a sale because I want to determine how best to price and sell my item. So far I'm not getting any indication of how to list my item.
  8. I've made more than my share of mistakes in the past and I'll make plenty in the future. Mistakes are of no value to the mistakee if you fail to learn from them. (I know mistakee is not a word, I made it up to make my point). Revenant, in your case a calmer mind prevailed!
  9. gherrmann44

    Happy Mothers Day!

    Happy Mothers Day to all the Collectors Society Mothers. Some years ago I may have posted this coin but I don't remember. That said the message of this coin is always appropriate and I dedicate it to mothers everywhere. Therefore, I am posting this coin and its story now. The 2008 Latvian 20-Lats gold coin commemorates the 15th anniversary of the renewal of the Lats currency following Latvian independence from the old Soviet Union. Though this coin commemorates Latvian Independence, it also celebrates motherhood by utilizing a 1922 design conceived by sculptor Teodors Zalkalns, but never used. Additionally, this coin has the distinction of being named the Coin of the Year in 2010 by Krause Publications. Krause Publications is a leading publisher of several numismatic books and periodicals. This NGC MS-67, 2008 Latvian 20-Lats coin minted by the Austrian Mint has a mintage of only 5000. The diameter of the coin is 22mm and weighs 10 grams. This coin has a gold fineness 0.999 and has an actual gold weight of 0.352739 Oz. The gold "Coin of Latvia" shines with the promise of a good fortune and happiness in the future. It is also a special sign of recognition of an outstanding Latvian sculptor, since it carries out the project conceived by Teodors Zalkalns (Grinbergs until 1930; 1876-1972) in 1922 to create a 20-lats gold coin. The plaster model of the coin preserved in the archives of the Latvian National Museum of History contains symbols that are of great significance to Latvia. Zalkalns' images of mother belong to the classical treasures of Latvian sculpture. The sculptures created during World War I and modeled after a refugee from Courland are a potent symbol of the nation's suffering and transcending that suffering. The obverse of the coin also features a woman in a headscarf, which to any Latvian signifies motherhood: when a baby was born, the husband presented the wife with a headscarf. A woman used it to cover her head whenever she ventured out in the world. Folk tradition has it that a person who is lost can find the right way if she turns the headscarf inside out and ties it anew; that a knot in one of the loose ends can help one remember, and if such a knot is tied when a star is falling, one's wish will come true. All these good things are tied to the mother image. Mother is the symbol of never-ending cycle of life, linking the past, present and future generations. The feminine principle gives life to an individual and likewise is at the core of the family and state. The feminine principle unites the spiritual with the material; the symbols on the reverse of the coin, bread, apple, vessel with a curdled milk beverage and a jug of milk also signify fertility and plenitude. A knife, symbolizing masculine action, is placed next to the feminine images. Finally, I want to thank all the mothers out there for the selfless sacrifices they make on behalf of their children. I also want to thank my wife for her unconditional love for my children. I also want to thank my mother for putting up with me and instilling Christian values in my life that have allowed me to be successful and joyful in spite of the hardships. I love you Mom, I love you Linda. Gary
  10. I have never seen an episode of Pawn Stars but I have seen Rick's razor and identity theft commercials until I was blue in the face (I frequently mute commercials). Given my exposure to his cheesy commercials and everyone's commentary, I can see that I'm not missing anything. In this instance, ignorance is bliss!
  11. There may also be some kind of an agreement between Rick and NGC.
  12. I find it quite interesting that from 1965-1967 there were no mintmarks on any circulating coins. This was based on the false assumption that collectors hoarded mintmarked coins. If there was any hoarding in 1965-1967, it was of circulating silver coins dating 1964 and earlier because of the removal of silver from our coins in 1965. While the removal of mintmarks then was intended to discourage hoarding, the addition of a mintmark now is to encourage hoarding. Regardless, I rarely come across any "America the Beautiful" quarter, let along one with a rare "W" mintmark. If I really want one, I guess I can purchase one on the secondary market after the hype settles. Gary
  13. gherrmann44

    An Accessible Type Set

    That is a fantastic idea that has not been lost on me. I have collected the gold Liberty's of this series, the first spouse medal and presidential dollar cards that I left in the original mint packaging, plus a complete set of the bronze medals to be mounted in a Dansco album. I bought generic Dansco pages about the same diameter as the medals and bound them together in a generic Dansco album. I think I got the best of all worlds in this package. Every once in a while I pull the album off the shelf to look at the medals as I page through the album. Since the medals have been in my album for quite some time, I have noticed that some of them are becoming attractively album toned. I bought the medals and the sets directly from the mint. The medals came in a annual package of about four or five. Gary
  14. Congratulations! You are certainly deserving of all this and quite probably more!
  15. Very nice. That is an impressive coin. I can see why this coin was so important for you to get it back with a numeric grade and a nice one at that.