@RYK said:
What's wrong with just owning and enjoying coins just because you like them, irrespective of the grade?
....... PHILISTINE !!!!!
But really, as collectors, we have the option to ignore all of that stuff. I agree that gradedflation is a potential issue for dealers, definitely an issue for investors, but collectors need not play that game. There are no “called strikes” in coin collecting.
The antidote to all of this is simple. We utilize our grading skills, and treat TPG holders as useful protective containers. We realize the registry was created for reasons that don’t necessarily have our best interests at heart. And we enjoy the actual coins!
I mean, how boring would this hobby be if you could actually 100% go by a number and never even need to see the coin? Does anyone actually want that?
WE decide what to pay for a coin. A number on a holder may give a rough guide to newbies, but should hardly matter to the numismatist that knows their series.
@RYK said:
What's wrong with just owning and enjoying coins just because you like them, irrespective of the grade?
Nothing, but you need to be able to review the grade and the eye appeal issues before you buy. I don't know about you, but most of the time when I way over pay for the something, it takes some of the joy out of it.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@RYK said:
What's wrong with just owning and enjoying coins just because you like them, irrespective of the grade?
Nothing, but you need to be able to review the grade and the eye appeal issues before you buy. I don't know about you, but most of the time when I way over pay for the something, it takes some of the joy out of it.
Why do anything that removes the joy from collecting? You can always pass.
@RYK said:
What's wrong with just owning and enjoying coins just because you like them, irrespective of the grade?
Nothing, but you need to be able to review the grade and the eye appeal issues before you buy. I don't know about you, but most of the time when I way over pay for the something, it takes some of the joy out of it.
Why do anything that removes the joy from collecting? You can always pass.
Because sometimes you make mistakes.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@BillJones said: "I don't know about you, but most of the time when I way overpay for the something, it takes some of the joy out of it."
You got that right! It often takes days to forget the pain. However @RYK , I bought the coin for what it is and in every case, overtime, I was happy to own it and happier to see the number of folks who loved it too and wanted to buy it for a higher and just as stupid a price that I had paid.
Testing the order in which the threads are appearing
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
@RYK said:
What's wrong with just owning and enjoying coins just because you like them, irrespective of the grade?
Nothing, but you need to be able to review the grade and the eye appeal issues before you buy. I don't know about you, but most of the time when I way over pay for the something, it takes some of the joy out of it.
Why do anything that removes the joy from collecting? You can always pass.
RYK, I always envy the guy at the show thumbing through pages and boxes and folders of well circulated silver coins looking to fill a hole or two in his Whitman. That is the essence of collecting and a circulated coin has way more history than one preserved from inception with every nick, print and trace of coloration being suspect.
On the other side of course, are the mid to top end coins where the number on the plastic and the ultimate resale of the coin cannot be overlooked.
Only a fool would "invest in coins" without a substantial interest in the pleasure of ownership. On the other hand, if coins were disposable as say golf balls, where the money is lost after a time, no one would ever lay out a thousand or ten thousand or a million plus dollars simply for the joy of the hobby. Ultimate liquidation by the collector of his heirs will always be a factor at the middle to top of the acquisitions.
@CaptHenway said:
Testing the order in which the threads are appearing
I wonder what order the threads will disappear in. The moderators must have taken an early holiday.
Why is the other one sinking?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
If you like the coin, how can it be a mistake? ("If loving a coin is wrong, I don't want to be right... ")
@Coinstartled : "Ultimate liquidation by the collector [sic] of his heirs will always be a factor at the middle to top of the acquisitions."
Really? I never once considered what my family will do with the coins after I die. Does that makes me the only selfish jerk around her? I mean, they have instructions for how and where to sell them. Does my wife worry about how I am going to dispose of her purses and shoes if she dies before me?
Does that makes me the only selfish jerk around her [sic]? I mean, they have instructions for how and where to sell them. Does my wife worry about how I am going to dispose of her purses and shoes if she dies before me?
Doc's are immortal. The comment was for the lawyers and CPA's.
@Soldi said: the coin photos are 25x enlarged you realize?
No! and I don't like his photograph either, but I can return his coin for about $5.
Okay, knucklehead that I am. I didn't realize it was on coin facts and I would be wasting my time with the view of the picture that the dealer posted.
Man these discussions can be so enlightening. Now, the macro to that 1908-S, well I don't know. I think that's a relatively nice coin, perhaps I need to visit my obstetrician and have my eyes checked. (and I know what an obstetrician is)
pi (r squared) or a Barber half of actual size will fit into that picture approximately 44.15 times.
how many 1/2 inch pipes fit into a 1 inch pipe? do the math find for the unknown. Yah thnking two (2)? are ya?
The pictures exaggerate the defects on the coin. This thread will evolve into, like many others, a gradeflation argument that will never end.
Comments
....... PHILISTINE !!!!!
he will be back tomorrow
Wasn't that the green party candidate?
But really, as collectors, we have the option to ignore all of that stuff. I agree that gradedflation is a potential issue for dealers, definitely an issue for investors, but collectors need not play that game. There are no “called strikes” in coin collecting.
The antidote to all of this is simple. We utilize our grading skills, and treat TPG holders as useful protective containers. We realize the registry was created for reasons that don’t necessarily have our best interests at heart. And we enjoy the actual coins!
I mean, how boring would this hobby be if you could actually 100% go by a number and never even need to see the coin? Does anyone actually want that?
WE decide what to pay for a coin. A number on a holder may give a rough guide to newbies, but should hardly matter to the numismatist that knows their series.
Nothing, but you need to be able to review the grade and the eye appeal issues before you buy. I don't know about you, but most of the time when I way over pay for the something, it takes some of the joy out of it.
Why do anything that removes the joy from collecting? You can always pass.
Because sometimes you make mistakes.
@BillJones said: "I don't know about you, but most of the time when I way overpay for the something, it takes some of the joy out of it."
You got that right! It often takes days to forget the pain. However @RYK , I bought the coin for what it is and in every case, overtime, I was happy to own it and happier to see the number of folks who loved it too and wanted to buy it for a higher and just as stupid a price that I had paid.
Testing the order in which the threads are appearing
RYK, I always envy the guy at the show thumbing through pages and boxes and folders of well circulated silver coins looking to fill a hole or two in his Whitman. That is the essence of collecting and a circulated coin has way more history than one preserved from inception with every nick, print and trace of coloration being suspect.
On the other side of course, are the mid to top end coins where the number on the plastic and the ultimate resale of the coin cannot be overlooked.
Only a fool would "invest in coins" without a substantial interest in the pleasure of ownership. On the other hand, if coins were disposable as say golf balls, where the money is lost after a time, no one would ever lay out a thousand or ten thousand or a million plus dollars simply for the joy of the hobby. Ultimate liquidation by the collector of his heirs will always be a factor at the middle to top of the acquisitions.
That's too easy. The hobby has become fully psychotic.
I wonder what order the threads will disappear in. The moderators must have taken an early holiday.
Why is the other one sinking?
More of a respite care break.
Interesting
After all this discussion, it basically boils down to something we already know:
Coins of the same numeric grade are rarely equal.
If you like the coin, how can it be a mistake? ("If loving a coin is wrong, I don't want to be right...
")
@Coinstartled : "Ultimate liquidation by the collector [sic] of his heirs will always be a factor at the middle to top of the acquisitions."
Really? I never once considered what my family will do with the coins after I die. Does that makes me the only selfish jerk around her? I mean, they have instructions for how and where to sell them. Does my wife worry about how I am going to dispose of her purses and shoes if she dies before me?
Because Price.
The quality indicates the grade, the grade indicates the rough price range, the willing buyer and seller agree on transaction value.
We're sad when we pay more than anyone else is willing to pay, but that's the only way we ever get to own the coins! 😎
Liberty: Parent of Science & Industry
Doc's are immortal. The comment was for the lawyers and CPA's.
Damn tyrannical coins!
I would say 4.