Best Of
Re: Market Conditions Are Soft and Getting Worst
Just an anecdote but things were quite competitive on GC this evening.
Re: Does your collecting project have an end point? Will you know when you've finished?
No well-defined endpoint short of the grave. Being a collector doesn't stop when a "last hole" is filled in a set. There's always the hunt for something else cool.
Re: Went to the local monthly card show Saturday..
May be the case but anecdotes aren’t particularly helpful in an age when we can see exactly how cards as an asset class are performing.
And it really depends on what you collect. Card Ladder: the 2 year index on Gretzky is + 2% so hasn’t even beat inflation. Mantle index is down 8% past 6 months and down 4% for the 2 year.
Jordan on the other hand, well up YTD, 35%.These indexes aren’t perfect but should be directionally correct.
Personally I don’t see where the catalyst will come from for cards to take off - most economists are predicting a recession which are never good for asset values and equity markets have lost trillions in value ytd.
All that said I am buying and never worry about value of my collection…..my point would be we have all the data to tell us whats happening that I don’t find card show anecdotes and pumping very persuasive.

Re: STOLEN COIN ALERT! 1928 Lincoln Cent PCGS MS67 RED
@MWallace said:
@mr1931S said:
@jmlanzaf said:
@mr1931S said:
@MWallace said:
@mr1931S said:
I use media mail sometimes to send inexpensive (under $50) raw coins. Coin inside a magazine, coin inside a CD or DVD case, that kind of thing. Save money on postage and go with no insurance for inexpensive coins.Not a wise thing to do. Media mail is the ONLY class of mail that can be opened by a clerk to see if it is in fact Media Mail. Not to mention it's dishonest.
No it's not. I can mail a magazine to my brother with a penny taped to a page inside it can't I?
No. Absolutely not. Magazines aren't media. And you can't include non-media items with media mail at the media rate. It is fraudulent and, as already pointed out, actually allows the USPS to open the package without a warrant. So you've committed fraud and made it less secure. In addition, it's 4th class and may travel more slowly. Congratulations!
Like USPS is really worried about a few pennies getting from a sender to a recipient via media mail. You should check with them to see if they are more worried about this crime against humanity than you are. Okay no more sending of a penny or two to my brother in a magazine using "media" mail. CD's and DVD's are media though.
There is a thing in the post office called "revenue protection". All employees are periodically schooled on it. The post office handles 350,000,000+ pieces of mail daily. If each piece of mail averaged just 1c short of postage, that is $3.5 million dollars lost per day.
Actually, if he sending a single coin, media mail would likely be more expensive than ground advantage. He's still proudly unethical, but he's only costing himself money.
Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
@cinque1543 said:
Adjusting for inflation, the price of gold right now is about the same as it was at its 1980 high. And for those with >long memories, you’ll recall what happened after that high. Will it happen again? Who knows.
No similarities of the underlying supply-demand fundamentals. Gold had been artificially held back in price for decades...it went up 20-fold in 9 years during the 1970's. Gold is only up a triple from the 2010 lows in 15 years.
Gold is much more affordable globally to hundreds of millions of potential buyers than 45-50 years ago.
Central Banks are buyers, not sellers. Ditto SWFs, hedge funds, and other institutional investors.
Gold is likely headed to $5,000 and I wouldn't rule out $7,500 by 2040.
Re: STOLEN COIN ALERT! 1928 Lincoln Cent PCGS MS67 RED
@MsMorrisine said:
did anyone hear a coin was stolen?
Yes, but the blame was put squarely on postal employees when there's clearly other possibilities as I've pointed out.

Re: STOLEN COIN ALERT! 1928 Lincoln Cent PCGS MS67 RED
@braddick said:
@mr1931S said:
The package I once rece> @braddick said:@mr1931S said:
@MWallace said:
@mr1931S said:
I use media mail sometimes to send inexpensive (under $50) raw coins. Coin inside a magazine, coin inside a CD or DVD case, that kind of thing. Save money on postage and go with no insurance for inexpensive coins.Not a wise thing to do. Media mail is the ONLY class of mail that can be opened by a clerk to see if it is in fact Media Mail. Not to mention it's dishonest.
No it's not. I can mail a magazine to my brother with a penny taped to a page inside it can't I?
I'd think if you taped a 1931-S cent to the magazine you would at a minimum be running into an ethical dilemma.
An ethical dilemma with who? My brother? He's sent magazines to me with a penny inside. Ethical dilemma.......Thanks for the laugh.
My pleasure.
I've learned long ago once someone is set in their ways when it comes to ethics and morality they are likely to never change no matter what evidence is displayed before them. Attempting to do so is simply a waste of time and effort.
Therefore, I am glad you got a laugh out of my comment as really, that is more than I expected out of you.
If a person does unethical things, then THEY are unethical. Apparently some people are proud of that fact.

Re: STOLEN COIN ALERT! 1928 Lincoln Cent PCGS MS67 RED
@Rc5280 said:
I used to get CD's(music) delivered to me via Media Mail, but that was 15-20 years ago. Did something change, or was that fraudulent too?
You can still ship CDs via media mail. However, you can't throw a CD in with something else (like a coin) and send the whole thing media mail.
Re: STOLEN COIN ALERT! 1928 Lincoln Cent PCGS MS67 RED
@Rc5280 said:
I used to get CD's(music) delivered to me via Media Mail, but that was 15-20 years ago. Did something change, or was that fraudulent too?
CDs count as media.
