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Posts posted by gmarguli
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On 2/16/2024 at 5:38 PM, zadok said:
...keep reading...u will eventually get to where it states collectible coins as well...there r diff sections for declared value n for insurability....
Rather than us search for something that may not exist, just post a link to what you reference.
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On 2/16/2024 at 11:42 AM, zadok said:
...for those that cant read nor understand normal grammar...fedex does not provide insurance coverage for items on their "prohibited" list... the first item listed is "collectible coins"....
2024 Shipping Guide (page 138): Declared value and limits of liability, Section F, Shipments (packages or freight) containing all or part of the following items are limited to a maximum declared value of US$1,000:, part 11, Collector’s items such as coins, stamps, sports cards, souvenirs, and memorabilia.
Odd they'd have a $1,000 limit of liability for a prohibited item. Especially odd since in the guide they say they have zero liability for prohibited items.
Their first prohibited item is "Cash and currency" not "collectible coins". This is in reference to modern day cash, not collectibles.
- ldhair and Henri Charriere
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On 2/15/2024 at 6:38 PM, Henri Charriere said:
I don't know if this is premature or not, but I would contact the Numismatic Crime Information Center (NCIC) on the proper procedure on how to report this. They have a website: numismaticcrimes.org. They disseminate information to dealers and others nationwide
They require a police report filed first.
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On 2/13/2024 at 2:38 PM, Fenntucky Mike said:
FedEx may have unintentionally bailed you out of a potential $1,000+ loss, not as good as if the coin turned out to be authentic, which I'm still skeptical of, but you wouldn't be out anything either as long as the package was properly insured..
Key is "properly insured". Many people list declared value and think that is for insurance. It is not. You have to specifically buy insurance. FedEx also limits insurance for coins to $1,000.
Every time I used FedEx, I remember why I previously stopped using FedEx. .
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On 2/9/2024 at 6:24 AM, Henri Charriere said:
🐓 : if you don't mind me asking, what did you get for your #1 set on the West coast?
H.C.: Funny you should ask. [...]No pin (like last time).
The pin is probably on its way. I got two pins (Gold and Best of Registry) in the mail on Saturday.
- ldhair and Henri Charriere
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On 2/2/2024 at 7:20 AM, victor382 said:
GM. I'll be honest with you: got it from auction on EBay, 1K +tax. That's another reason not to be optimistic about this deal.
And I got this coin (raw) off eBay for $99. It was listed among a sea of fakes.
I won an unlisted Germany pattern coin CERTIFIED BY NGC for under $25.
Lots of deals slip through the cracks on eBay.
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On 1/31/2024 at 8:57 PM, Henri Charriere said:
The other one is rather odd...
Pater Patria (which is more commonly spelled with an e, Patriae) means "Father of the Fatherland," and the date, to me, has no meaning: April 30, 1839.
Both feature the Roman fasces and are which will be familiar to collectors of the Winged Liberty dime.
Looking at the top left, under Pater is the partial date: 1750; on the top right under Patriae is the remainder of the date: 39, which together reads 1789. I would guess this is a 50th anniversary commemorative medal. I would be curious to know if there is any inscription along the medal's circumferential edge. The top one has a bronze look to it; the bottom, silvery. Very nice presentation pieces which were clearly preserved with care.
It's commemorating the 50th anniversary of the first inauguration of George Washington (April 30, 1789).
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You say UNIFACE, but you post two pictures. Which one are you referring to?
The one that says George Washington at the top is from 1889. They range from 113-155mm. Issued by the Committee of the Celebration in New York. The design is by Philip Martiny, the dies were engraved by Augustus Saint Gaudens, and was made by the Gorham Silver Company in New York City. This was Saint Gaudens' first official medallic commission. Catalog references are Baker-671 and Douglas-53. However, that is for ones with a reverse design with an eagle over New York City Arms and a 12-line ‘Committee on Celebration’ inscription. They typically sell for $300-$500. If you have a uniface one, it's probably just a die trial.
I can't find any reference to the other one.
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On 1/23/2024 at 11:28 PM, GoldFinger1969 said:
Are these commemoratives down in price from the 1980's bubble prices ? Have they come back a good bit or what ?
The 1989 crash knocked commems down 50%-90% in value.
We've had 147% inflation since 1989.
In 1989, an Albany in MS65 was $1450 ($3582 in todays money). Today it's a $300 coin.
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Not a single coin, but a complete set of classic silver commems in gem. I've started and stopped the set many times over many years.
The biggest stopping block for me has been the fact that they have performed so unbelievably poorly over the years. I can't bring myself to park $150K into a set of coins that very well will sell for the same in 10-20 years.
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On 1/22/2024 at 8:14 AM, Coinbuf said:
Also, PCGS has graded 180 at the 70DCAM grade, so not overly rare.
Nope, they have graded 1,406 of them. Not rare at all as a coin and pretty common as a PR70 conditional rarity.
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On 1/19/2024 at 12:19 PM, Coinbuf said:
I know you also participate on the forum ATS, there is a thread on the first page related to the recent decline in quality of TrueView photos since Phil took a new position at GC.
It's funny that people are complaining about the quality of the TrueViews going down since Phil left. Months before Phil left I noticed a change in the TrueViews. The colors didn't pop as much and the coins looked a little darker. Honestly, they looked more accurate. Not as nice, but more accurate.
Phil did a great job of setting up the system to make the picture look like a coin you'd want to own, but they juiced so much color out of the coins that it wasn't accurate. I once had a dealer who specializes in toned coins tell me, in the beginning they didn't believe my pics and demanded TrueViews, now they don't believe in the TrueViews and want my pics.
Also, I highly doubt that Phil touched most of the coins being imaged. It's likely an automated process. You can see TrueViews where the coin popped out of the plastic wheel that holds several coins at once and rotates for the pic. If it weren't an automated process, these would be caught.
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On 1/17/2024 at 2:08 PM, Coinbuf said:
That doesn't mean that CACG graded material will double or triple the price of P or N graded coins, but 10% to 20% more is not unusual.
This is a common fallacy. Nice / high end coins for the grade always brought a premium price. CAC slaps a sticker on a coin and it sell for 120% of generic. CAC supporters point to it as the CAC sticker brings a premium. Fact is, the coin might have sold for 120% generic without the sticker.
Auction archives are littered with examples of nice coins selling for way more than generic prices and there is no sticker anywhere to be found!
- dragon and Henri Charriere
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On 12/17/2023 at 3:37 PM, Mike Meenderink said:Beyond PCGS Gold Shield beyond CAC beans beyond NGC MAC or PCGS MAC certified coins are the new CACG certified coins that are bringing big premiums due to the company's reputation for very accurately grading coins.
I'm looking for these big premiums and can't seem to find them. Most of the stuff for sale in their slabs is garbage coins. Lots of moderns and stuff that didn't need to be slabbed in the first place like common MS63 Morgans and MS64 Mercury dimes. Moderns seem to be selling at a discount. Overpriced common stuff seems to not be selling.
US Coins for sale on eBay right now:
- NGC: 61,000+
- PCGS: 54,000+
- ANACS: 20,000+
- ICG: 8,700+
- CACG - 373
- SEGS: 160
- ICCS (Canadian TPG): 128
- Accugrade: 29
- Mike Meenderink , GoldFinger1969 and dragon
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On 12/20/2023 at 1:12 AM, JanUys74 said:
I see these were minted in bronze only but yet mine is silver in color. Upon inspection I also noticed a stamp PATT on the Patriarchal cross on the reverse.
My question - Is this possibly a pattern coin? If so, should I submit to NGC to authenticate?
I'd submit it. If real, it's likely a $1,000 coin.
The pattern in Krause is supposedly chrome-steel, matching you "silver" color. Given patterns are known with PAT. stamped on the reverse, PATT being stamped is not out of the question. Also, look at the T on the one someone else posted. Appears to be stamped twice, indicating hand stamping and some variation in what people would use. FYI, I've had the same type pattern notated not just differently, but in different languages, both of which were not the language of the country of the pattern coin.
My experience has been that PCGS is more willing to take chances on esoteric items than NGC. I don't know the current stance of NGC, but items they called unverifiable they have both charged for and not charged for, so you may want to ask them if you're going to get charged if NGC can't make a decision. PCGS generally says No Service / Refund.
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Neither the fingerprint nor the carbon spots are coming off.
The haze on the 1911 could likely be removed and get a better looking coin. The 1914 looks like someone already tried to make it look better and failed.
- ldhair and GoldFinger1969
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On 11/11/2023 at 4:26 PM, Henri Charriere said:
To my knowledge, COSTCO charges a $60. membership fee.
They charge a fee for access to items less expensive than you can typically purchase elsewhere. Totally different from charging a fee to access regularly priced items.
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On 10/31/2023 at 5:09 AM, Fenntucky Mike said:
Is an admission fee a deal-breaker in regards to attending a show to anyone here? Is $10 too much?
It's not the dollar amount, it's the principal. Why are you charging people money who are coming to a place to buy stuff?
Would we accept a door fee for anything else? Oh you want to come to the market to buy bananas and eggs, first pay the $10 door fee and then you can enter...
It's a turnoff and shows are antiquated to begin with. Entry fees will just kill them faster.
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On 11/1/2023 at 12:35 PM, Sandon said:
CDN publishes The Coin Dealer Newsletter, better known as the "Greysheet", the quarterly CPG Coin & Currency Market Review, and similar publications.
These still exist?
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On 10/1/2023 at 2:12 PM, RWB said:
Is there an equivalence table?
Here you go: NGCX to Sheldon Comparison
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On 10/1/2023 at 8:19 AM, GoldFinger1969 said:
They must have done some marketing or research work that said that there were lots of potential buyers of classic/modern coins but they were confused by the grading scale.
Facebook Shareholders: They must have done some marketing or research work that said that there were lots of potential users of the Metaverse.
Coke Shareholders: They must have done some marketing or research work that said that there were lots of potential Coke drinkers if we just introduced a New Coke formula.
The idea that there are all these people out there that really wanted to collect coins, but were scared off due to the confusing 1-70 scale with 30 grade points, but now that there is a 1-10 scale with 29 grade points is laughable. Worse than that. Mind-blowingly stupid. No one collects something because it has an easy to understand grading scale. If that were true, lets do a 2 point scale: New / Used. The masses will flock to coins like never before!!
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On 9/29/2023 at 3:24 AM, Fenntucky Mike said:It was originally, but now has expanded to Morgan and Peace dollars. I've paid zero attention to this but maybe it's taking off.
Looking at eBay, it appears that a vast majority of NGCX coins are being sold by a single seller who has nearly half a million feedback. The prices he is getting on most of them could not support him slabbing them even at the normal bulk submission rates. He must be getting a super deal on grading to help push this stuff into the marketplace. Other than him, no real sales activity.
It was a stupid and confusing idea to begin with, that I suspect was pushed by the VC overlords and not someone with actual knowledge of coins. It needs to end, not be expanded.
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On 9/23/2023 at 6:23 PM, Coinbuf said:
I have no clue (nor do I care much) as to how the market is digesting this NCGX stuff. I am not and will never be a collector of NCLT so I pay it no mind.
Good news for you, they just announced expanding it into Morgan & Peace dollars.
A legitimate "Specimen" or "Special Strike" coin
in US, World, and Ancient Coins
Posted
So there is documentation stating that this is the 4th one coined and discusses who coined it. I fail to see how this is a Specimen. How is the fact that Moffat fed 6 blanks into a press with new dies any different than Joe Mint Worker feeding 60,000 blanks into the exact same press after installing a new die?
You disparage calling early strikes Specimens (see 1964 SMS coinage), yet take an opposite opinion here. Makes no sense. It's the same thing.