Best Of
Re: Andy Lustig...(careful…old and new thread)
...has the best business card I've ever seen.
Re: 10 Rare Coins Expected To Soar in Value in the Next Five Years
@WQuarterFreddie said:
@Colonialcoin said:
@WQuarterFreddie The day that I start collecting coins because I think that they will “soar” in value is the day that I will stop collecting coins. I bought a phenomenal Pine Tree shilling a few weeks ago and the pride of ownership, showing the coin to other collectors and teaching them about its history is what I value.Again, I only posted the article because I thought it was interesting because it mentioned coins I never knew existed.
Surely that couldn’t have been the only reason you decided to post the article, and you didn’t make note of that reasoning in the OP. I have a hard time believing you were expecting others to be interested for the same reason 🕵️♂️.
Re: TrueView versus GreatPhoto
@rmpsrpms said:
Might have been asked already, but does someone have a coin that was TV'd by Phil, which was subsequently GP'd later by Phil?
Supposedly that is what the first set of photos are - both shot by Phil.
WS
Re: Coins sold on cable tv channels
@seatedlib3991 said:
@NJCoin . To be honest I tend to find that many of the people selling coins on TV are trying to "create a need and then supply the product". Watch for any length of time and you will be fed a lot of nonsense about the importance of slab labels, distorted mintage or population census material or vastly overstating the importance of a particular coin. Think the difference between going to church to attend mass and going to a good old fashioned barn revival. James
Yes. Of course. It's called "selling."
The fact remains, air time, studio time, production costs, call centers, customer service, returns, credit cards, etc. all add up. Selling on TV is far more expensive than setting up at a show, or selling through the internet.
They do it because there is a profitable market for them to do so. But their margins are not out of line with the other channels, after taking the increased costs into account.
Sometimes they even get hurt when a market doesn't develop as expected, such as with the 2024 Morgan and Peace Dollars, and they have to either dump at a loss after taking into account their bloated cost structure, or sit on expensive inventory for a long time.
They are not selling to people like us. They are selling to people who either don't know any better, or who just like buying through TV.
Again, lots of different ways to buy lots of different things. Both necessities and discretionary items. Everyone doesn't always migrate to the least expensive option. That's why we have choices, and why businesses set up to feed those choices.
Re: The 2023 (P mm, ?) dime. I have a few with the same cud, or is it something else ?
:
It is a die chip
.
Re: Fair Price for a Friend
@dhikewhitney said:
@PeakRarities said:
@dhikewhitney said:
Well, if one thinks gold is at least not likely to go down much, and wants common date double eagles, forget about MS61-MS63, MS-64 is the value point (MS-66 is noticeably more eye appealing, but MS-65 not that much nicer than 64).Value point for eye appeal, or premium? I think 65s have more potential upside than the 64s, especially when the spread is negligible.
This thread actually reminds me I have another 15-20 ounces of bullion to trade out for 65 saints. I’m not sure a better opportunity will present itself to exit generic bullion positions and load up on gem saints.
Value point for eye appeal; I'd rather have the MS64 than MS65, but I'd rather have the MS66 than either at $450 or $500 over spot price. I didn't realize the spread was that close.
I did get some in 6 this year, but issue with 6’s is that the demand can faulter. My primary wholesale network doesn’t always have a 66 bid, but 65 always has plenty of bids. In general, it seems like 65s are just more liquid.
Re: The 2023 (P mm, ?) dime. I have a few with the same cud, or is it something else ?
Please share what you think the definition of a cud is.
Then look up the actual definition and share that also.
Finally, comment on whether your definition matches the definition that everyone else uses.