Member: Seasoned Veteran
  • Posts

  • Joined

  • Last visited

  • Days Won


Everything posted by GoldFinger1969

  1. I know Blanchard pushed the Saints, usually in the low-60's for bullion and then trying to get you to pay up for the ones with more numismatic value. I had some clients at the time who purchased but I was oblivious to the specific coins, just focusing on how much they spent on gold.
  2. Learning how to grade is very difficult and subjective, IMO....and can be a bit tedious if not boring. OTOH, I love absorbing good books on coins and reading about the personalities and dealings of decades ago during the Golden Age of Coin Collecting. Reading books by Bowers, reading Akers commentaries on Saint-Gaudens DEs, and now Roger's updated magnus's easy and fun reading. Looking at a dozen variations of a coin with different markings in different locations and then seeing how they all grade out can be a bit boring to all but the most committed collectors and/or graders.
  3. "The heard about it...but you never thought it would happen to you" - Kevin Arnold, from The Wonder Years
  4. Since you are in Alabama, consider attending FUN 2022 since you can probably drive there. Splitting a booth might work. But you'll definitely have lots of traffice there if you have a problem unloading stuff at a local show.
  5. Alot of Saint collectors specifically and coin collectors in general are also gold/bullion collectors. You can kill 2 birds with 1 coin by collecting Saints which trade and track bullion either 1-for-1 or at least a good percentage (i.e., a generic common in MS-65). Anybody knowledgeable about Saints understands that obtaining all the coins -- or even the bulk of them - even in AU condition would probably require an expenditure of hundreds of thousands of dollars. I'm happy to get a dozen of the various dates and mintamarks and then maybe double-up on a few with very high-graded versions as even getting some of the scarce or rare coins would be much more expensive than the commons or semi-scarce ones in Gem or Super Gem condition.
  6. Actually, I was kind of disappointed that there wasn't MORE publicity regarding the high-price sales in 2021 involving coins, since there has been so much for NFT's and cards. Especially an iconic coin like the 1933 Saint nearly hitting $19 million. I may reach out to some of my contacts at CNBC and bop them on the head.
  7. Welcome, Mark. No matter where we stand with regards to the TPG and CAC, it is of course true that you have to like the coin. The fact that a professional grader at a TPG has assigned a grade to a particular coin means that the variance of grading for similar coins is probably does NOT mean that each and every coin with that grade is the same. Some are going to be undergraded, some over graded. Ultimately...YOU have to like the coin for the grade and $$$ you purchased. And also like it without regard to either. I love Saint-Gaudens Double Eagles, a very popular (but expensive) coin to collect. There are tens of thousands of coins graded MS65 or higher. They're not all the same. Some might have cleaner obverses or reverses....some might have 1 or 2 big nicks away from the fields or devices...others might not.....others might have a dozen tiny annoying scuff marks. No 2 coins are alike and even at MS65 or any other grade the reaons for the grade vary from coin-to-coin. I'm not an expert on the coins you purchased, but I'm not surprised by the variability in grading. And that variance does seem to increase as you go LOWER away from Mint State into the AU, EF, and VF grades.
  8. Alot of Saints selling for 7-figures YTD including 2 UHR's at the #3and #4 all-time high price for Saints...has to be a record.
  9. Probably because of my training in financial analysis and investing....but I find even DATED books of interest because I then can see how things change over time as I read updated books and information (hence my interest in the HA archives and David Akers comments on Saints). The time frames for the Akers/Ambio books are 1988 and 2008....Bowers came out in 2004...and Roger's book is from 2018. While lots of the stuff is the same...and stuff pre-RWB is outdated (esp. pricing and pop census), I still find the earlier books with lots of outdated information useful. Of course...nothing beats an updated book, esp. as pricing and pop census and new commentary is available. One thing that I don't read that much about: the use of Saint-Gaudens commons as bullion subsitutes beginning in the 1970's and later by telemarketers. Would be interested to know if folks preferred the classic coins over new the distributors obtained the coins in bulk...any pricing discounts....etc.
  10. I find the back-and-forth nature of the Internet very useful. I'm not saying I don't enjoy book, including GOOD books, but there's something to be said for picking the brains of various people who have been dealing in coins of interest to me for decades.
  11. I can't, but someone skilled in PC's and programs probably can. I'm in no rush and if in a few months I have a few extra $$$ I don't mind paying someone to leisurely typ out the sections. Figure it should take 30-40 hours or so....some nice PT work for a high-school or college kid with a few weeks to kill.
  12. Did you read the Heritage commentary from the site ? Any thoughts ?
  13. Sometimes you have to be willing to find SNIPPETS of useful information surrounded by questionable information or even wrong information. That's one reason why I have created a PDF of past Saints auctions from the HA database alongside comments by David Akers. I am able to read up on my favorite coins on my smartphone (or PC) in a very convenient manner. As you know, I'd love to have the more accurate and up-to-date commentaries and data from your book on my phone/pc....but that isn't available. And running to your book even in the home is inconvenient, let alone carrying it or taking it with me on vacations, visits, and even coin shows. I actually am considering having someone type up certain sections for each year/mint mark in Word so I can have a PDF of the key text sections on my smartphone/PC. Sometimes even wrong information can be overlooked or even prove useful, as with that apparently false story of the 1984 English Hoard of 1929 Saints which is still in the HA archives.
  14. As you all know, I love reading about Saints and have pretty much bought every book out there including books by Roger, Akers, and Bowers. There's not that many more....the price and rarity of the coins relative to MSDs and other coins collected over the decades makes writing an in-depth book a challenge to make it financially worthwhile as Roger has talked about. Bowers never did a 2nd Edition of his Double Eagle Guide book. Akers/Ambio did a 2nd edition of his 1907-33 Gold Coins book 20 years after the first one. But Ambio said no plans for a 3rd Edition.
  15. Would be very interesting to see how many of the Red Whitman GUIDE books they sell with each subsequent edition.
  16. NP, Mark....I kind of use the term bullion value and/or melt value interchangeably. Right now gold is about $1,800 so to me anything above the normal 3-4% you pay for a regular American Eagle bullion coin represents numismatic premium. Any thoughts on that 1921 Specimen sold the other day by HA, Mark ? Since proofs aren't usually considered part of the 53 Saints for registry players, I wonder if a non-Saint trophy hunter just wanted that particular coin and maybe liked the "story" behind it.
  17. That's a nice underlooked Saint. Good choice, Cat. IF -- big IF -- gold moves big, then you probably get a bigger % move from coins that track bullion with less of a numismatic premium. But 1910-D's could see interest from folks who want commons that track gold and have their fills of 1924's, 1927's, 1928's, and 1908 NM's. Akers Comments on the 1910-D: "The 1910-D is a condition rarity, that is, it is an issue that is rare only at or above a certain grade level. This is a very common issue in any grade up to and including gem MS65 condition and even superb MS66 examples can only be classified as scarce and not really rare as more than 100 such specimens exist. However, at the superb MS67 level, the 1910-D is extremely rare with only two or three examples graded so far. From a quality and eye appeal standpoint, this Duckor specimen is spectacular and a strong candidate for finest known."
  18. I get how someone COULD feel that way -- but I would think just accumulating as much as one could financially would be achievement enough. If you got 30 out of the 53 Saints....or 40 or 45 or 50 or still accomplished quite a feat. I think it's ingrained in all of us to collect 100% of a set from those Saturday morning cereal commercials with the free prizes inside....Collect All 4...Keep Buying Captain Crunch Until You Get 'Em All !!!
  19. I agree books are a valuable resource, but what's wrong about reading stuff on the internet and gathering information that way ?
  20. The 1921 Specimen that we talked about earlier, the non-Ghiradelli Chocolate Family coin: Sold for $2,010,000 (including bp) yesterday. Coin was PR64+...Satin Finish Proof....Only 2 examples Known...JD-1, R.8 Proof. Looks like there could be some new information in the coin description put up by Heritage. Or maybe Roger was aware of it and decided not to include it. I'm sure he'll chime in and tell us rather than me speculate and probably be wrong.
  21. Check out the thread on Roger Burdette's (RWB on these forums) Saint-Gaudens book. Almost as valuable as the book itself ! 5-figures at least in AU or higher, 6 or more in the higher grades. And the highest-gradeds for Saints like the 1927-D's in the low-7's. I think we agreed with the gist of an article/blog over in the RWB Saint Thread that there are probably a few hundred (~500) serious Saint registry collectors....then there are maybe tens of thousands (~25,000) who are type collectors or folks who collect some Saints but aren't into getting all of them or doing registry....and then there are the investment folks who buy based on newsletters and infomercials numbering in the hundreds of thousands buying the lower-graded coins as bullion subsitutes. I think more people would collect them for bullion or numismatic reasons if they knew about them. I didn't know about Saints until I was in my 40's.
  22. What's a hobby book ? Examples.....? I'll read any book that is of interest though the Red Whitman GUIDE books are very easy to read all-at-once or over time. I read this 600-page plus book on Saint-Gaudens coins but I can't remember the title or the guy who wrote it.
  23. Interesting while scouring old Heritage commentaries on pricey Saint sales: Even though it was written-up in 2012, 30 years after the referenced event, this commentary appears to legitimize a so-called hoard of 40 1929 Saints found in England in 1984. My understanding is that this turned out to be an urban myth -- there was no hoard -- spread by some bigwigs (accidentally), including Walter Breen. "Bowers' estimate of 1,250 to 1,750 pieces extant also appears wildly optimistic, given the certified totals and the distant probability of many more examples remaining undiscovered. In The Coinage of Augustus Saint-Gaudens as Illustrated by the Phillip H. Morse Collection, the authors note, 'It seems highly unlikely that any sizeable quantity of an expensive coin such as the 1929 Saint could exist without being certified. Around 40 pieces were discovered in England in 1984, but we are not aware of any other sizeable holdings of this issue that have been uncovered recently.'"
  24. It's funny, I usually see the 1924 or 1927 or even the 1908 NM as being the standard for pricing of generic commons. Never knew why the 1928 didn't get the same respect. That chart you show I like for long-term graphing of price moves....but I think that the price for the earlier years was HIGHER and the recent price LOWER...making for less of a rise from 2018/19 to the present. That chart would show a near 50% rise in price the last 2 years or so....I think it's closer to 25%, especially once gold moved from $2,000 back to $1,800. I'd be surprised if a plain MS65 generic Saint from 1924/27/28 sold for near $2,800 right now (unless it had CAC).
  25. 22% and 37% (not 27% !) relative to the price of gold bullion. Sorry, I thought that was clear when talking about gold coins and premiums. As for "official"....just a way of jazzing-up the thread, Mark. On other message boards I belong to.... to concentrate similar posts and back-and-forth on one thread instead of having to jump among 3 or 4 or 5 threads, you'd create an "official" thread...."Official 2020 Election Thread....Official 2020 NFL Playoff Thread.....Official Covid-19 Vaccine Update Thread" etc...etc...etc. As Jerry Seinfeld said to Izzy Mandelbaum, I don't know how official these rankings really are.