Is it all just a bit ridiculous at this point?
Cladiator
Posts: 18,065 ✭✭✭✭✭
+, *, green bean, gold bean, legacy designation, CMQ sticker, green label, wings sticker, eagle eye sticker. What's next? Because, you know something will be next.
For me personally, yeah, I think it's jumped the shark. I'm burned out on it. I got into this hobby to collect coins, not stickers and opinions that all come with a cost. I realize it's not stopping me from collecting coins, want to make sure no one gets the impression that I do think that. The cynic in me feels that it's just the industry inventing new ways to get new dollars from the same people.
If it's your jam, that's cool, I'm not saying it shouldn't be. I was just curious if anyone else is kinda over it all?
Is it all just a bit ridiculous at this point?
This is a private poll: no-one will see what you voted for.
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Comments
It sounds pretty ridiculous but it’s cool by me because I don’t really buy slabbed coins too often.
On my most recent order of moderns I did really well by my standards with several $500 coins and a $2200 coin yada yada yada but my favorite piece from that order price guides at 175.00
Edit: and it is a green sticker😂
As long as there is room for more stickers - why not!
"When they can't find anything wrong with you, they create it!"
Geewhiz I’m glad you got the corners verified on that cause I was beginning to wonder.
That looks more like something from NASCAR.
I voted "cool by me" as I don't care if a coin has a sticker or not. I have one slabbed coin with a green cac. I didn't buy the coin for the sticker, I bought it for the coin. As the ole saying goes "to each their own".
My Original Song Written to my late wife-"Plus other original music by me"
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Just focus on the coins that you enjoy and ignore the hype if it bothers you! The most important criteria is whether you like what you are buying and are having fun. If you hate slabs and stickers, buy raw (see EAC enthusiasts). If you love CAC, buy CAC (see CAC forum). As they say on the Coin Show Podcast, it’s a big tent hobby. There’s room for all.
It's the industry evolving. Yes, it is big business trying to get as many $$$, as they can, from YOU the consumer/end user. But, it is also necessary and it DOES serve it's purpose, in many ways. Just don't get TOO caught up in it and use some common sense. I just hope that it doesn't become, so superfluous, in that it hurts the industry/hobby/investors/collectors, in the LONG RUN. I also wish that it didn't have such a profound impact on prices.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Is there a sticker available for my 65 VW bus?
Repetition of ignorance is ignorance raised to the power two.
It’s cool by me too. Why would I care how someone else collects. Pretty soon AI will be grading your coins🤪
Where is the coin?
I was thinking the same thing. It need a little STP sticker added. In the old days before NASCAR, it was a very good reason for the stickers.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
If they run out of space is always the other side of the holder.
Acttually I heard there will be another sticker or at least another professional opinion
I give away money. I collect money.
I don’t love money . I do love the Lord God.
That, and/or the introduction of a super-size holder.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Is that hand painted or a wrap?
Collecting 101 (coins) darling.
WHAT!!! Would Ricko say?
The same questions were ask about CAC.
There needs to be a "bad geometry" sticker applied for the corner check stickers.
Ed. S.
(EJS)
You will have to go quite a ways to surpass Ken Kesey's Merry Pranksters bus from the 60's. Sorry, not post photo literate.
Buy the coin you like which is nice for the grade. Enjoy it. Don't try to upgrade it unless you've held it for a number of years AND want to sell it. Ignore the rest.
"Seu cabra da peste,
"Sou Mangueira......."
I voted a bit ridiculous because I think it is. It’s also cool by me, though. I can be things that are a bit ridiculous.
I kinda sorta think all of this might backfire a bit. Once the slabbing/sticker thing gets real diluted, people might gravitate back to just collecting coins. Not everyone. The markets clearly like the assurance of third, fourth, and fifth opinions, but the times, they're a-changin'.
Not to me. I still collect mostly raw coins, always have.
Personally, I think it's time to crack my PCGS Gold CAC Griffed MAC Super Duper Ultra Plus Verified to try for an upgrade.
I do think it's getting ridiculous.
Coin Photographer.
I think RickO would say, "I don't collect slabs or stickers. I collect coins. Cheers RickO"
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
Your post got me thinking (warning: a bit off-topic).
I always think of RickO as "RickO"
It's the Mandela Effect.
It was and always has been 'ricko'.
peacockcoins
Cool by me. Collect what you like. Why worry about what others collect?
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I don’t think there is really a need for CMQ as it is basically a spinoff of CAC. QA fills a void of modern coins CAC doesn’t grade. Photo Seal is specialized for IHC collectors. As long as a sticker service fills a need that makes sense.
Who cares anymore?
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
Competition is good for the consumer.
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
His signature is RickO. He said he used lowercase for his name because he didn't want to make a big splash on the forum.
If only he knew.
edit for messed up quote.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Not voting... mainly because there is a justifiable reason for CAC for use in those instances that involve exceptional high end coins with huge price spreads. Think of spreads for vintage commems in the 67-68 range. And if you add color... I would want CAC looking at them. But the service has been overused by coins that simply do not warrant the review. And I really have an issue with those that have their common date $100 coin with a CAC sticker and look down at others that simply choose not to go down that path. And not going down that path more often than not makes more economic sense.
If this service is used on a limited basis for those coins that are clearly worthy, it should be fine. What are the chances of that happening?
Experience the World through Numismatics...it's more than you can imagine.
PCGS, NGC, ANACS, ICG, Prooflike, Deep Mirror, Full Bands, Full Bell Lines, Full Steps, Full Torch. What's next? Because, you know something will be next.
For me personally, yeah, I think it's jumped the shark. I'm burned out on it. I got into this hobby to collect coins, not plastic and opinions that all come with a cost. I realize it's not stopping me from collecting coins, want to make sure no one gets the impression that I do think that. The cynic in me feels that it's just the industry inventing new ways to get new dollars from the same people.
If it's your jam, that's cool, I'm not saying it shouldn't be. I was just curious if anyone else is kinda over it all?
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Acetone dissolves everything surrounding the coin. Plastic wasn't good enough, initially. We needed stickers and glue to build trust. (and expert's opinions).
Ooooops..... the same experts who got it wrong in the first place... Or not ?
Lest we forget the letters associated with the numbers. Now we need to know if it's an "A" coin, a "B" coin, or a "C" coin. You cannot tell by the color of a sticker, but you know if the experts say it's B or C coin it isn't worth buying. RUBBISH.
ridiculous and cool = funny
I came back to collecting around 1988 when slabs reinvigorated a collecting market that was riddled with abusive grading and doctored coins.
I pretty much gave up when we registry set owners were told that our coins needed to go back in for + grades.
Although we all accepted that while grading is subjective and could be off by a point or more, suddenly half points designated by a + was the new gold standard measure of accuracy.
The stickers are just noise and were born from this incongruous idea that a grade is always subjective all of the time but can co-exist in a universe where it represents pinpoint accuracy at other times.
The final destination is a hundred-point numerical scale with decimal point grading by a quantum computer, and then the sun explodes.
Commems and Early Type
What experts have have said if it’s a B or C coin, it isn’t worth buying? I haven’t heard anyone say that - not even extremely particular dealers.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Experts being dealers or experts at collecting? It seems dealers would buy A, B, or C coins for selling whereas collectors would be more stringent and wouldn't settle unless they were just concerned with the registry. But I guess that all plays together.
Dealers or experts at collecting. How many expert dealers or collectors have you heard say that if it’s a B or C coin, it’s not worth buying? Sure, a tiny percentage of experts might say that. But the post to which I replied made it sound much more prevalent than that.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Some coins don’t sticker at CAC because they are C coins - other coins don’t sticker because they have a problem. It’s important to distinguish as a buyer.
C coins are often great coins and if you pay a C coin price, then who cares that it didn’t sticker. But if the coin didn’t sticker because of PVC, one too many dips or altered surfaces - it should be avoided or priced accordingly.
I don't know...
FB, FBL, FH, DCAM, UCAM, PL, CAM, UMPL, DMPL, RD, BN, RB, 5FS, 5.5FS, 6FS...
First Day of Issue, Early Release, Signature Label, Flag Label, Special Label, Retro Label...
OGH, Doily, Regency, Fattie, Black Core, White Label, 108 Prefix, Embossed...
*-Designation, + Grades, 11 MS Grades, 18 Iterations of MS Grades...
PCGS, CACG, NGC, ANACS, ICG and a reference manual the size of a traditional city phone book of the rest compiled nearly 20-years ago by a forum member that has only grown since then...
And the possibility of a sticker or two sets you off? Please...
In honor of the memory of Cpl. Michael E. Thompson
The coins I can afford are in a strata below the strife. I appreciate seeing some of the stickered and notated coins for reference purposes but unless you are investing serious money I don't know if it is worth being in the fray. James
None but I’m not a good sampling on that subject. Makes sense though, even in my own collection especially looking back on the Cents I had graded. I realize some look over and others under the assigned grade.
To each his own, but I’m personally not a fan of stickers.
I’m actually waiting for the company that only stickers PCGS/CAC coins. I’m sure it’s only a matter of time. 🤩
Dave
It is ridiculous, IMO. But that's just the way things are, none of our opinions are going to change it. I've been learning how to collect since i first started at 9 years old in 1987, and I think I'm going to keep learning in the years ahead. Unless we're going to quit we gotta adapt.
It's cool with me cause I'm not not influenced by the label mystique. I do my research and I buy what I like and enjoy my collection.
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW