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what puzzles you in the coin world
lasvegasteddy
Posts: 10,408 ✭✭✭
to me i still puzzle a lil over
how the 1935-s peace dollar never acquired a type 1 & 2 reverse...(3 or 4 ray reverse)...when it's so pronouced
"next"
how the 1935-s peace dollar never acquired a type 1 & 2 reverse...(3 or 4 ray reverse)...when it's so pronouced
"next"
everything in life is but merely on loan to us by our appreciation....lose your appreciation and see
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www.brunkauctions.com
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
the world........
The extra ray was added manually to a working die, or possibly a master die. We don’t know why or by whom it was added although presumably engraver John Sinnock was responsible. No documentation has turned up.
Ron
Why people put such blind faith in slabs
Why people continue to pay up for raw coins on eBay
Those are my two big ones.
- Marcus Tullius Cicero, 106-43 BC
Also, old rubbing of a coin, which is what it would have gotten while being used daily as pocket change, is OK, but recent rubbing is ... see above.
By "rubbing", I don't mean with steel wool or a pencil eraser, but simply rubbing your thumb across the face of a coin to knock the haze off.
(I know some of you cringed just at the thought of me saying that!) I never said I do it, I just don't understand the "it's no longer a gradeable, worthwhile coin to own anymore" attitude.
(2) savoyspecial's thing on the Stellas being elevated from patterns to real coins in the redbook.
(3) That a low value common coin is virtually unmarketable unless you pay a tax to a TPG (that is comparable to the coin's value) and get it slabbed.
(4) That show venues haven't figured out that they could make a lot more money selling overpriced decent food than the overpriced dreck they have been selling for years.
(5) That so many collectors are in frantic and stressful rushes to complete collections instead of enjoying the recreation of methodically building sets of carefully selected pieces.
(6) That dealers are still able to put food on their tables in this age where retail collectors are more commonly (that in the past) bidding against them in public auctions and many of their clients know more about the coins they buy that the dealers themselves do. The edge of the full-time dealer has eroded significantly in the information age.
(7) That tax evasion is so obvious in the coin world still for so many years.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
I know this will probably be considered blasphemy by some, but the popularity of toned coins surprises me. They don't really do anything for me, and I sincercly doubt I will ever go for them.
I have been saving all the ones I've been finding, however. Mostly Memorial Lincolns. Eventually I'll just give them to somebody who collects toned coins but right now I have three cents and a nickel, and it's not really worth boxing them up and mailing them yet. LOL.
Worry is the interest you pay on a debt you may not owe.
<< <i>Why the 51-P Carver/Washington commem in MS65 with a pop of 154 costs $550 in MS65 and $3250 in MS66 with a pop of 26. The condition rarities of the commem series, the Monroe with pops of 345 in MS65 costs $2500 and $6750 in MS66. The Sesqui with a pop of 236 costs $3500 in MS65 and $35,000 in MS66 with a pop of 8. The 51-P C/W is the rarest coin in MS65 in the commem series.
Ron >>
The Sesqui is a much more attractive coin than the Washington Carver commemorative.
It's not just scarcity and grade that make a coin desirable. It is also what the coin itself looks like. Brutal truth, collectors would rather own the Sesqui than the WC and will pay more to do so.
peacockcoins
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>to me i still puzzle a lil over
how the 1935-s peace dollar never acquired a type 1 & 2 reverse...(3 or 4 ray reverse)...when it's so pronouced
"next" >>
my early American coins & currency: -- http://yankeedoodlecoins.com/
That's OK with me!
Many things already mentioned puzzle me but pricing is the most bedeviling.
K
Let me preface that one man's puzzlement may be another man's clear understanding...that said I'm puzzled by VAMS.
<< <i>
<< <i>Why the 51-P Carver/Washington commem in MS65 with a pop of 154 costs $550 in MS65 and $3250 in MS66 with a pop of 26. The condition rarities of the commem series, the Monroe with pops of 345 in MS65 costs $2500 and $6750 in MS66. The Sesqui with a pop of 236 costs $3500 in MS65 and $35,000 in MS66 with a pop of 8. The 51-P C/W is the rarest coin in MS65 in the commem series.
Ron >>
The Sesqui is a much more attractive coin than the Washington Carver commemorative.
It's not just scarcity and grade that make a coin desirable. It is also what the coin itself looks like. Brutal truth, collectors would rather own the Sesqui than the WC and will pay more to do so. >>
braddick,
I agree with what you say and I know the C/W sub series is not a popular coin. The entire commem series is a weak sell and the C/W's are probably at the top of the list. The hardest set of coins I ever tried to put together was the C/W set in MS 65 and better. Not an easy set to round up. I am not a particular fan of Liberty Nickels but would take a 1913 Liberty Nickel in a heartbeat. As far as that goes I would grab a
1912-S "V" Nickel too. Thank you for your honest input.
Ron
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <i>how Stellas got mainstream placement in the RedBook >>
I too don't know how or why. I don't care what anyone says... those are patterns in my mind!!
Anyways...
I don't know how not a single 1964 peace dollar got out (and got out to the public as well, such as the 1933 st.'s)
Why so many people, in my opinion, loose sight of everything by being concerned only with "value", ie, how much they can sell it for. Maybe it's because I don't have anything that I could sell for a lot, but I think if that's all you are concerned with you are missing what makes these coins cool to begin with, which is why I collect them. They are tiny little metal pieces of history, that speak volumes about the nation that produced them.
<< <i>Here is something else that puzzles me, also probably considered blashphemy by most.
Why so many people, in my opinion, loose sight of everything by being concerned only with "value", ie, how much they can sell it for. Maybe it's because I don't have anything that I could sell for a lot, but I think if that's all you are concerned with you are missing what makes these coins cool to begin with, which is why I collect them. They are tiny little metal pieces of history, that speak volumes about the nation that produced them. >>
example:
If I have an 1823 Bust Dime, there is a small chance it was used by a young lawyer named Lincoln (or even an ex-pres named Jefferson for that matter) to buy lunch or new shoes. Doesn't matter if it's been cleaned somewhere along the line or still "original surface" AU58, that chance is exactly the same. To me, THAT is what's fascinating about collecting, not MS65 vs MS66 or NGC vs. PCGS.
<< <i>
<< <i>Here is something else that puzzles me, also probably considered blashphemy by most.
Why so many people, in my opinion, loose sight of everything by being concerned only with "value", ie, how much they can sell it for. Maybe it's because I don't have anything that I could sell for a lot, but I think if that's all you are concerned with you are missing what makes these coins cool to begin with, which is why I collect them. They are tiny little metal pieces of history, that speak volumes about the nation that produced them. >>
example:
If I have an 1823 Bust Dime, there is a small chance it was used by a young lawyer named Lincoln (or even an ex-pres named Jefferson for that matter) to buy lunch or new shoes. Doesn't matter if it's been cleaned somewhere along the line or still "original surface" AU58, that chance is exactly the same. To me, THAT is what's fascinating about collecting, not MS65 vs MS66 or NGC vs. PCGS. >>
I appreciate coins for their tangible link to history. I consider myself a "traditional collector of classic coins" and I don't buy coins with investment goals in mind. However...what I have found is this:
Over the years, I bought and sold and traded coins; added pieces and upgraded my collection; explored new areas and gradually built a decent collection. Then one day I looked around and realized that I had a lot of money tied up in my collection. At that point, I also realized that I had to make sure (to the extent possible) that my coins were easily marketable, and could be expected to at least hold their value so that I wouldn't loose money if I had to sell.
So, in my opinion, it's wise to be mindful of the value of your coins. You may not realize just how much money your collection represents.
<< <i>Here is something else that puzzles me, also probably considered blashphemy by most.
Why so many people, in my opinion, loose sight of everything by being concerned only with "value", ie, how much they can sell it for. Maybe it's because I don't have anything that I could sell for a lot, but I think if that's all you are concerned with you are missing what makes these coins cool to begin with, which is why I collect them. They are tiny little metal pieces of history, that speak volumes about the nation that produced them. >>
best quote, I have seen on this site in some time.
<< <i>Puzzle coins puzzle me. would be cool to have one though
I like it!!!!!
I TOTALLY missed the word "the" in lower case
and the fact that it all reads in lower case as
opposed to Coin World!
Scuse me!