World Colonial

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Everything posted by World Colonial

  1. I look at Heritage regularly. I am always on the lookout for coins in my series that I did not know existed before. I have a noticeable proportion of the better ones in the NGC census and a few from PCGS where far fewer have been graded. There are still a noticeable number illustrated in catalogs or as plate coins I have never seen offered for sale. The Ortiz sale occurred in 1991 when I wasn't aware of it and would not have the money to buy much of anything anyway. The collection didn't have many in my series but does have six I had not seen before. Now, I just have to wait for
  2. I went for lot viewing, in December 2006. The impression I have is that they do not function as a retail outlet for the general public but I do not know if this is accurate.
  3. No. "He" as in Ortiz. The catalogue includes Latin America colonial only. No US coins at all. I also have the Sellshopp catalogue (same firm from 1988). Norweb collected both US and world coinage. The firm was the coin division of the Swiss Bank Corporation later known as Sincona.
  4. This is purely a guess but I assume it was done as a marketing tool by Stacks. The coin may be eligible for a numerical grade but maybe the incremental grading fee was more than the incremental value add. In other words, they made the same or more money marketing the coin without the grade through a bulk submission.
  5. I just bought the catalogue for the Swiss Bank Corporation Sale #20, Ortiz Latin America collection. Some really premium coins in there, including those he bought from Norweb and Sellshopp.
  6. I went to the W 57th Street office once. Thought it had a good atmosphere for a coin shop though I don't think of them as a retail outlet.
  7. Sounds like it is from a hoard Stacks Bowers bought several years ago. West 57th street is the old address of their shop in NYC.
  8. Auctions and actual prices. Krause prices are just "made up". Possibly some coins listed in it which do not even exist and never did (1752 Peru 4R, 1933 South Africa circulation strike farthing), any number of coins with no publicly known sale at all (many Spanish colonial especially in the listed grades), and even more listings where the prices either have not changed in years (all South Africa Union and ZAR since 1998) or where it likely has not. It is useful for attribution. It is also somewhat useful for determining relative value but not otherwise.
  9. Krause is of limited use in determining market value. I can't say it's never reflective of current prices but if it is, it's entirely by accident and only because it's used as a reference point where the ask price matches it and someone pays it.
  10. I knew 5 out of 10. I forgot about Perth as a mint but knew the others.
  11. Unless I missed something, I know three answers here. I have no clue for #4 and #3 is 50-50.
  12. I only know the answer to two of the questions and with one, it's partly due to multiple choice. Of the collections you listed, I only know of one and that's because I looked at the catalog before it was sold. My suspicion is that most reading your poll have never heard of any of them.
  13. Reading posts on US coin forums, the uninitiated novice might have a good reason to think that much of the trivial numismatic minutia is equally important.
  14. My error. I did not read the commentary completely. I don't consider it a real coin either, similar to several China NCLT.
  15. Might be it but I did not know it had a mintage of four. I did not look it up, only that I saw it was a 2019 and a 5 Sovereign. Most overpriced coin ever (not even close) is the South Africa 2008 Mandela 90th BD 5R NGC MS-69 purportedly sold by the South African Coin Company for the equivalent of $338,000.
  16. Most of the coins are distinctive though a few quite overpriced as far as I am concerned, except compared to the closest comparable US coinage. The one coin which is most overpriced is the 2019 5S. The price is absurd and I presume due to the COA #1. I'd rate it as one of the most overpriced and worst numismatic values in the world, literally.
  17. If the buyer had a lot money, it doesn't seem to me that buying any US coin was much more difficult in the past than now, unless it's for specialization or specific quality. For the actually rarer more expensive coins, I suspect most of these could have been tracked down through dealer contacts. The Hansen mega thread on the PCGS forum has certainly once again showed that buying practically any US regular issue coin (MS or proof) isn't difficult at all. In less than five years, he is only missing a very low proportion. With non-US coinage, it's more difficult for the scarcity but t
  18. Being a metal advocate is the equivalent of financial religion to some. I was that way for a short time in the 80's in my early 20's. Eventually, I figured out I wasn't going to get rich with the limited amount of silver I could buy and then later concluded the hyperinflation scenario many of them expect is a lower probability event too. I don't believe it is particularly expensive now but don't believe it is cheap either. If anyone has evidence to show it, I am all ears to hear it. I have never seen such evidence, only that it's cheap compared to gold (which is significantly overpric
  19. Two different stockpiles. Those held by the commodity exchange are one and those held by private individuals are another.
  20. It's shrinking if someone assumes those who buy it will never sell which they will at some price, higher or lower. (Maybe voluntarily or maybe not which is what I believe is coming later since there is no reason to believe most silver bugs are affluent.) That's what metal advocates implicitly imply or claim. Fact is, most who speculate in paper silver (SLV and futures) don't actually want the physical metal. It's no different to them than buying anything else. They just want to sell it for more later. I believe in owning some of the metals as a hedge and form of insurance but no
  21. Prices were not high in the 80's except during the mania. I don't remember the prices throughout the entire decade but don't believe it was much above $10 about 90% of the time. (Close to or somewhat higher than now adjusted for price changes.) I bought a few hundred ounces in 1984 or 1985 for $7.65, including fabrication premium which was 60 cents at the time.
  22. In a global financial calamity, there will be few or no safe havens. However, having your assets geographically diversified is still a prudent strategy for those who can afford it and have some idea of what they are doing.