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Journal Comments posted by Coinbuf
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On 3/26/2024 at 5:10 PM, vwilliams said:
Will ANACS ever be allowed by NGC?
I suggest you do not hold your breath while waiting.
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On 1/28/2024 at 8:49 AM, sami ray said:
hello i do not agree cuz one cent 1974 without a lettre its a rare coins Without argument.and one cent 1946 had fompe faults in it its also rare and one pound 2008 aka The shield. is for the fourth image of elizabeth 2 and its Silver, which had a limited mintage,It was issued on the occasion of the Queen’s anniversary 25, and he won the bronze medal for the one pound and thanks.but in the case of the 2 euro of germany 2002 without any comment ?.... the viewrs will talk
I'm sorry but you have received some bad information there are no missing letters on your 1974 US cent. If you have read that a coin without a mint mark is rare that is completely false information. The US mint produces coins at several locations. The Philadelphia location has seldom used a mint mark. So a coin without a mint mark simply means it was produced at the Philadelphia facility, it is not an error, and in poor condition like your coin is only worth 3 cents for the copper metal value in the coin. Again it is unfortunate that you have received misinformation about these coins in the past, they are not rare or valuable.
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They may be considered rare where you are, but here in the United States all the coins you have shown are just average pocket change and worth face value.
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Why do you think any of these are rare coins? Sorry to say that I'm only seeing basic pocket change worth face value.
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Nice post, I enjoyed looking at your sets.
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Congrats on your BIC wins, best of luck on a major award again this year. I will have less BIC wins this year than in past years, but a couple of new sets will have that award so that is nice. Seems that my sets have a great deal of competition so I'll be hard pressed to stay out front for many next year.
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On 10/23/2023 at 2:59 PM, NightOwl Garage said:
Thanks for the info as I am new to this most of mu proof set are 70's should I focus on making them all 70 if possible or go on to the MS coins if so I think I will try to make them all at least 65 or better
That really depends on what your goals are, if winning awards in the modern sets is your goal that is tough because even if you have all the boxes checked the best you can do most of the time is have a multiple way tie for the number one set. While I did not check, I would guess that for a modern set like proof Kennedys you would need every slot to have a top pop (PF70UC or whatever is the highest grade for that slot) coin to have any chance of competing/winning. But again, that is just a guess as I don't collect Kennedys, other than a couple for type set purposes.
If winning awards in not the focus and you are satisfied with the set as is, then you have the option of moving on to the MS coins and upgrading the proofs if or when you choose to.
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On 10/23/2023 at 7:14 AM, Revenant said:
If I remember right you only need to be 50% complete with at least 50% of the coins being graded by NGC to be considered. If you check those boxes you're in the running. It definitely makes it more likely if you have pictures and comments/ remarks on every coin and a description for the set.
You are correct on the 50% complete, however, the set must be comprised of 75% NGC graded coins to be eligible for the major awards. Any competitive set must be the number one set to receive the best in category award. In years past there is a best in category award for both the overall number one set, and the set that has the highest score for NGC only graded coins. Here is a screen shot of the countdown clock as I am writing this reply.
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I like both, it is fun to have a highly ranked highly collected series set, and also fun to fly under the radar with some sets. Best of luck with your sets, just 12 days left as I write this reply. And best wishes for Sam's upcoming in-patient time.
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Nice.
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On 8/26/2023 at 12:14 PM, TheColoradoNumismatist said:
So @Coinbuf I feel as we may have got off on the wrong foot since my first and only post so far about the 2005-P Nickel and I'm really not a hard headed stubborn guy as you may think. But as you may have seen I've done some research, profile stalking if you may, and I really am eager to learn the hobby and am always seeking more knowledge. Especially in this. I'm loving the photo journal entries as I am still learning everything this forum has to offer. I love photos of coins as I can really only use my scope and phone which is a iPhone 13 Pro.
No worries, just a bit of miscommunication which happens when not face to face. I have not made any assumptions about you, however, it is extremely common for us to see new folks on here who lay claims to all sorts of new discoveries only to turn nasty and defensive when the consensus is not what they want to hear. I was just trying to avoid that, I look forward to reading your updates. While I still only see MD I am hoping that you have found a new one, that is always exciting.
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I'm happy for you that your set is back in the #1 spot, I cannot say that I'm all that excited with NGC doing away with the CAC points. If you think about it the NGC registry system basically equates points to market values, so the bonus points were actually a reasonable adjustment to how the market values CAC approved coins. But it's all just politics at this point.
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On 1/6/2023 at 3:03 PM, Revenant said:
Thanks!
Anything new and big you're working on for down the road or are you continuing to focus mostly on the penny set that won last year?
No not really anything on my radar, picking up a few Lincoln cents here and there to continue plugging holes in that set. I would enjoy finishing some of the other sets I have started but the prices of US coins have really shot up and I'm getting priced out of the market.
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Congrats!!
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So sorry to hear this news, hoping and praying for Sam and your whole family.
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On 9/24/2022 at 7:31 PM, Revenant said:
Thanks! I have upgrades to work on! Need to work on that 62, the $10 & $25 in the Zimbabwe set and the MS64 1989 in the 500 Lire set.
Having something to work on is a good thing in my mind, otherwise I would have to room the mean streets.
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Coin collecting is a journey with many different aspects and processes, having fun while collecting is a very good thing.
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Best of luck on the sale, I do not collect these coins but do love the history and designs.
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I think your logic is sound, I prefer to think of it as a bad buy or a good buy, which again is very subjective and may not be the same for each collector. As an example when I was younger I used to buy lots of "stuff", just random coins and proof/mint sets many of which were found on the old time bid boards at coin shops. Not bad coins or even overpriced but the randomness of the buys lacked focus and now even today I still have many of those coins just laying around in boxes and bins with no home for them. Even today I still fall victim to the "buy the shiny coin" syndrome every now and then no matter how much I try and stay disciplined.
However there are many collectors that enjoy collecting in this way and I'm sure that I have offended a few peeps over time with what may have been perceived as a flippant comment which I did not mean that way but came across that way.
Copper coins are tough to categorize due to the reactive nature of copper and the threshold each collector has for the different color designations. A red coin to one may be thought of as red/brown to many others, and so on. Tarnish on coins creates vast differences in reactions from each collector, it is what makes collecting both interesting and conversely difficult.
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The joys of the gold market...
in When I’m Wiser and I’m Older
A journal by Revenant
Posted
It is always nice to have that personal remembrance to a coin purchase, it made buying the coins for my mothers birth year set very rewarding for me. Timing gold pricing can be a very tricky thing. I am sure not "in the know" but this rally has been driven in large part by central banks in China and other less friendly countries with less than friendly purposes. So I am not sure that we will see much if any pullback, maybe a bit of a plateau here at the $2,400 level, or those countries could just keep on buying and the prices just keep on climbing. I wish my crystal ball wasn't always broken.