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  1. Yankeejose

    Older and Wiser

    Hi Gary- well written article- as usual! That gold looks very clean- nice pickup! It is too bad we can't keep up with all your upgrades- unless they are NGC coins (a topic we discussed at the last CS show). Keep up the great work and keep us posted on your upgrades! take care- Dave
  2. Sunday I was watching the Heritage auction and a 1989 P MS67 quarter hammered for over $450. I was never a bidder on it- but I was very curious- and surprised at the spirited last second bidding before it closed.
  3. yes- it is cheaper buying mint sets to break up than to buty them as individual coins- plus you are guaranteed that they are uncirculated if you are looking to make an uncirculated book... that said I would not brake open any mint set from 1964 or earlier.
  4. Hi Gary- nice story- you always do a great job doing your research as it is- but connecting with this new friend allows you to share your interest in this designer with a another expert! I think that is great. Do to the value/ risk of sharing being a coin collector it is by nature a somewhat solitary hobby. Plus who knows who may be a serious collector- it is not something that we blurt out to our coworkers/neighbors. Anytime you can connect with a collector of similar interests that is something to be celebrated! Congrats- Dave
  5. I agree- I felt the same way my last visit to this show- which is why I was not motivated to make the hour long drive this time.
  6. Very well said Kaiser14! You have given some great examples to back up your point.One question I can’t answer is what % of classic slabbed coin collectors actively use the NGC registry. Obviously no one knows. Say it 10%. To me they have forced that 10% of the collecting populace to decide between buying from/submitting to one of the services. As the number 2 company do they really think they would get more business from this move? To me I would think more people would go to PCGS coins because of the higher apparent resale value- so it would be a net loss of business versus keeping the status quo. Sure- maybe the modern collectors who already submit to NGC will be thrilled to move up in the rankings- but really how much of a % of the market are the modern collectors? As you said maybe they want to just corner the market on Modern and World coins and let the classic collectors go to PCGS?
  7. I do the same- laugh and ignore. There is an eBay seller that has multiple sights that he sells raw coins- mainly Morgans. On the cardboard 2x2 every coin has PQ MS+++++- like that is supposed to mean MS65?. The pictures are not that good and from what can be seen they look cleaned. Either they are cleaned or the lousy pictures make them look cleaned. Plus they are over priced as if they were high quality graded coins. Needless to say I go through his lots just for fun- to see how many have bids. Very few if any have any bids. To me he is the perfect example of an eBay shyster. I know to stay away but I wonder if newbies may fall for his over-hyping.
  8. I too fall into the extremely disappointed but not that surprised category. My collection is probably 60-65% NGC. I buy the best coin at the best price with my fairly limited funds. I know I will never compete for a number 1 set- that was not my goal. My goal was to complete sets with coins that fall into a consistent appearance and grade range. It took me 6 years to complete my 32-98 proof and business strike quarter set. The feeling of joy and sense of accomplishment are still hard to describe. Being limited to only NGC coins makes it much less likely I will get that feeling again- although it could be done. As others have said I don’t want the need for a particular name on the holder to be part of my decision to buy a coin. I am thankful to NGC for the grandfather clause so I can still enjoy what I have accomplished to this point. I just don’t see that I will be going into the registry as often as I have been. I am wondering if the next time I buy an NGC coin would I even bother to add it to my registry. The registry will not have my complete collection anymore. Maybe I will need to look at how to do custom sets going forward.
  9. Congrats Rick! Completing a set is a fantastic feeling. Looks like you have a great eye for these coins!
  10. Great coin bio Walkerfan! I enjoy following your pursuit of completing what is already an awesome set. Those of us who really like these coins but don’t have the budget to afford high grades can live vicariously through you! I completed a raw set a few years back but my 1916- 1923 dated coins are mainly just G/VG. Your point of functional rarity was very clear to me when I was trying to complete my set. According to the price guide 7 of the early dates go for 100-500 just in a Fine grade! The other issue I found was it was not that easy to find lower grade coins that did not have some kind of damage- not as easy as some might think. I can imagine that is it not that easy for you to find the early MS coins in the condition you want- especially at a reasonable price. Thanks again for sharing your quest with us- best of luck in completing your set! Dave
  11. Nice pickup Walkerfan! Although I don't play at your level I have learned a lot about Walkers from your posts and I have used that knowledge for my own purchases. thanks for sharing!
  12. Hi Gary as usual well written and very informative! thanks for taking the time to share and educate! Dave
  13. Hi Gary- nice looking medal and as usual a great story. Of course many thanks to you and all those that have served in our Armed Forces! Personally I see nothing wrong with having your medals graded- keeps your custom set in a more orderly fashion and probably increases the resale value. Assuming they do not come back with details grades it also avoids any questions regarding authenticity or cleaning. See you soon at the Central States show! take care Dave
  14. The rolls of coins from the 50's are not worth submitting as rolls. Check out the recent posts from Six Mile Rick on how many coins he looked at before he chose a batch to submit for grading. Even at MS66 coins from the 50s in general are only 20 to 40 dollar coins. There are some exceptions of course- a 1955 D Washington Quarter in MS66 is 100 dollars plus in MS66. But a MS65 of the same date is around 20 dollars- a break even on the grading fees. If you feel there are some nice coins that could grade MS66 or MS67 in these rolls then maybe pull out 3 to 5 of the best ones. Really though you would want to have looked closely at coins already graded MS66 or 67 to help you get an idea of what might make the grade. On other hand you could have a whole roll of MS63 or MS64 coins- nothing good in the whole roll! Also learning what makes a full torch dime or a full steps nickel may help you in your decision as to what to send in for grading. Also look at the pop reports on the NGC website- check out price guides like Numismedia to find out what dates/MM may bring more money in higher grades. Even a MS66 1956 quarter is still only a 20 dollar coin! Good luck!