@davewesen said:
I do not understand how a person would get out of their position without taking a bath or causing issues to rise in price considerably during acquisition.
Guess who, yours truly 😂
Back in 2018 when I wasn’t as seasoned a collector as I am now 😁
Doing inventory discovered that for some reason I was buying every dang RP 70 fdoi dime I could find 😂
Found half a dozen or more and still looking 😁😁😁
I must have been wanting to corner the market 😂🙃
Over 10 years ago there was a writer for Numis News who wrote the intro to the "Trends" column.
Each week he spoke about the 1913 S Barber dime and the mintage etc then, for months he would mention how many he had purchased at this or that coin show. And gave running totals.
I had not thought about buying more than one of a coin before that, and I had started buying some ['13 S's] along with him.
While he was writing the price of the '13 S tripled in value.
obviously because he was promoting the piece.
The last that I remember he had accumulated more than a roll.
Didn't someone try to corner the market on 1903-O Morgan Dollars in the 40's or 50's? ...before bankbags full of them were discovered in the late 50's...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
I heard dealer say he wanted to corner the market on the 1873 Boston Numismatic Society medal. Why he thought that was a good idea is beyond me. The market for them was mainly society members, and that was seldom more than 50 people. Most of them already had one.
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 ... ?
OTOH, I’d reported previously on the forum about a dealer friend who loves the low mintage ‘13S Barber dimes. I assumed he’d stopped or leveled off a while ago as I hadn’t heard about them. Nope, in a recent conversation he said he had around 4000 now….
@Treashunt said:
Over 10 years ago there was a writer for Numis News who wrote the intro to the "Trends" column.
Each week he spoke about the 1913 S Barber dime and the mintage etc then, for months he would mention how many he had purchased at this or that coin show. And gave running totals.
I had not thought about buying more than one of a coin before that, and I had started buying some ['13 S's] along with him.
While he was writing the price of the '13 S tripled in value.
obviously because he was promoting the piece.
The last that I remember he had accumulated more than a roll.
Two different hoards created of a low mintage coin. The price for a MS 64 was $975 back in 2009 and today the PCGS price guide is $2,350.
I didn't see anyone mentions this but Mike Hayes (RIP) told me once he tried to buy as many 1832 Quarters as he could find. He later sold and he started to buy many Barber dimes. I think we got into the discussion when he was shown pics for all his dimes on the NGC forum ATS. I could be wrong though....I'm reasonably certain it was Mike.
I'm guessing emeraldATV is attempting to corner the market on parking lot finds.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@DRUNNER said:
I made an attempt to 'corner' the market on Doilys back when the Census has about 145 listed. I had about 110 of them. The attention I was drawing to the slab drove so many out of 'gramp's safety deposit box(s)' that I could not keep up. Then the plastic craze hit full force. My NGC 2.1s and 2.0s went from $190 to $2k . . . . and I sold my Doilys about 1 year too early !!!
Oh well . . . . . it was fun being the starter of something . . . . . . .
I knew well Walter Breen from about 1963. In 1964 or so I and another collector/dealer helped his family move in Berkeley from an apartment to a house. His daughter was under two.
Later he allowed me to copy his annotated typescript for what would become The Encyclopedia of US Coins. I was fascinated by numerous varieties.
I noticed the 1848 large date half dime, because the date was SO much larger than the regular date. I started buying them whenever I found them. They were never much money - 3 or 5 dollars for G or VG, 15 or twenty dollars for F or VF, not much more for higher grades. A collector friend gave me a true unc out of a Stacks' sale in the 1970s. It was the only unc I ever heard of; probably the same coin is now in the highest registry set. Ended up with 45 coins. It was a hoard alright, but hardly an attempt to control the market. Prices never changed during the 1960s-1990s while I was doing this.
I owed Breen a debt; I paid the debt by reporting several new items for his Encyclopedia.
I had a friend that slowly accumulated 1853 NA quarters over many years, The guy was smart and disbursed them only one or two at a time after he decided to sell them.
Didn't Kevin Lipton do that with those Gold Kennedy commemorative coins from 2014 ?
I read there was a bus around the corner in his market. As I recall it got Laura all worked up. Maybe that's not cornering the market, but the tactic was brilliant , in my opinion. Kind of funny, too.... LQQKing back.
Comments
slowly and under the radar
Guess who, yours truly 😂
Back in 2018 when I wasn’t as seasoned a collector as I am now 😁
Doing inventory discovered that for some reason I was buying every dang RP 70 fdoi dime I could find 😂
Found half a dozen or more and still looking 😁😁😁
I must have been wanting to corner the market 😂🙃
🎶 shout shout, let it all out 🎶
I tried on the Doilies . . . . . . . .
Drunner
Over 10 years ago there was a writer for Numis News who wrote the intro to the "Trends" column.
Each week he spoke about the 1913 S Barber dime and the mintage etc then, for months he would mention how many he had purchased at this or that coin show. And gave running totals.
I had not thought about buying more than one of a coin before that, and I had started buying some ['13 S's] along with him.
While he was writing the price of the '13 S tripled in value.
obviously because he was promoting the piece.
The last that I remember he had accumulated more than a roll.
BHNC #203
I think, that I might have the market cornered on these . . . .
Z
.
.
Busy chasing Carr's . . . . . woof!
Successful BST transactions with: Bullsitter, Downtown1974, P0CKETCHANGE, Twobitcollector, AKbeez, DCW, Illini420, ProofCollection, DCarr, Cazkaboom, RichieURich, LukeMarshall, carew4me, BustDMs, coinsarefun, PreTurb, felinfoal, jwitten, GoldenEgg, pruebas, lazybones, COCollector, CuKevin, MWallace, USMC_6115, NamVet69, zippcity, . . . . who'd I forget?
Didn't someone try to corner the market on 1903-O Morgan Dollars in the 40's or 50's? ...before bankbags full of them were discovered in the late 50's...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I heard dealer say he wanted to corner the market on the 1873 Boston Numismatic Society medal. Why he thought that was a good idea is beyond me. The market for them was mainly society members, and that was seldom more than 50 people. Most of them already had one.
Attempting to yes
One collector tried to corner the market in Dan’s multi-struck errors. I’m jealous of the collection!
.
.
Only one . . . . . ?
Z
Busy chasing Carr's . . . . . woof!
Successful BST transactions with: Bullsitter, Downtown1974, P0CKETCHANGE, Twobitcollector, AKbeez, DCW, Illini420, ProofCollection, DCarr, Cazkaboom, RichieURich, LukeMarshall, carew4me, BustDMs, coinsarefun, PreTurb, felinfoal, jwitten, GoldenEgg, pruebas, lazybones, COCollector, CuKevin, MWallace, USMC_6115, NamVet69, zippcity, . . . . who'd I forget?
Two different hoards created of a low mintage coin. The price for a MS 64 was $975 back in 2009 and today the PCGS price guide is $2,350.
I didn't see anyone mentions this but Mike Hayes (RIP) told me once he tried to buy as many 1832 Quarters as he could find. He later sold and he started to buy many Barber dimes. I think we got into the discussion when he was shown pics for all his dimes on the NGC forum ATS. I could be wrong though....I'm reasonably certain it was Mike.
jom
One who did it early.
I'm guessing emeraldATV is attempting to corner the market on parking lot finds.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I've tried to corner the market on 1849 double eagles. But the Smithsonian won't let me.
10-4,
My Instagram picturesErik
My registry sets
I remember it well. 👏
I'm BACK!!! Used to be Billet7 on the old forum.
I knew well Walter Breen from about 1963. In 1964 or so I and another collector/dealer helped his family move in Berkeley from an apartment to a house. His daughter was under two.
Later he allowed me to copy his annotated typescript for what would become The Encyclopedia of US Coins. I was fascinated by numerous varieties.
I noticed the 1848 large date half dime, because the date was SO much larger than the regular date. I started buying them whenever I found them. They were never much money - 3 or 5 dollars for G or VG, 15 or twenty dollars for F or VF, not much more for higher grades. A collector friend gave me a true unc out of a Stacks' sale in the 1970s. It was the only unc I ever heard of; probably the same coin is now in the highest registry set. Ended up with 45 coins. It was a hoard alright, but hardly an attempt to control the market. Prices never changed during the 1960s-1990s while I was doing this.
I owed Breen a debt; I paid the debt by reporting several new items for his Encyclopedia.
I had a friend that slowly accumulated 1853 NA quarters over many years, The guy was smart and disbursed them only one or two at a time after he decided to sell them.
Didn't Kevin Lipton do that with those Gold Kennedy commemorative coins from 2014 ?
I read there was a bus around the corner in his market. As I recall it got Laura all worked up. Maybe that's not cornering the market, but the tactic was brilliant , in my opinion. Kind of funny, too.... LQQKing back.