Anaconda's eBay listing with chat about moderns and classics
jamesfsm
Posts: 652 ✭✭
Anaconda has a beautiful 1799 Bust $ PCGS VF20 on eBay.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1389737115
Along with the awesome coin, he has interesting prose about the progression from moderns to classics in collector choice. For me, I find his thoughts to be provocative but certainly not rude or insulting in any way. Any thoughts on this.
Anaconda's wit and wisdom:
"Have you ever met a guy who has been collecting for 20 years who now collects Kennedy Halves? I'm sorry, the question should be, "have you ever met an exceptionally bright guy who has been collecting coins for 20 years that collects Kennedy Halves?" Yes, I know the question may at first blush seem somewhat offensive but, after you get over being offended, try to answer the question. (And besides, if you love Kennedies, what are you doing here?) Take as much time as you need. Yes, there are plenty of guys who wear black sox with their tennies and shorts buzzing around the bourse floor who would love to extol the virtues of their Kennedy collection in ACG holders, but they're not our role model are they? For the price of a small number of MS70 Kennedy Halves, you can have what I refer to as a "real" coin. (Yes, only 134 of the 3.9 billion Kennedy Halves minted now reside in PCGS MS70 holders. Unfortunately PCGS has graded so many Proof 70 Kennedys that they can't even squeeze the numbers into the columns in a legible fashion. I wonder what those numbers will look like in 10 years?) I make no apologies for what I say. If just one person credits me 10 years from now for their switch from collecting Kennedy Halves to choice early circulated Americana, I will have accomplished something. "
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1389737115
Along with the awesome coin, he has interesting prose about the progression from moderns to classics in collector choice. For me, I find his thoughts to be provocative but certainly not rude or insulting in any way. Any thoughts on this.
Anaconda's wit and wisdom:
"Have you ever met a guy who has been collecting for 20 years who now collects Kennedy Halves? I'm sorry, the question should be, "have you ever met an exceptionally bright guy who has been collecting coins for 20 years that collects Kennedy Halves?" Yes, I know the question may at first blush seem somewhat offensive but, after you get over being offended, try to answer the question. (And besides, if you love Kennedies, what are you doing here?) Take as much time as you need. Yes, there are plenty of guys who wear black sox with their tennies and shorts buzzing around the bourse floor who would love to extol the virtues of their Kennedy collection in ACG holders, but they're not our role model are they? For the price of a small number of MS70 Kennedy Halves, you can have what I refer to as a "real" coin. (Yes, only 134 of the 3.9 billion Kennedy Halves minted now reside in PCGS MS70 holders. Unfortunately PCGS has graded so many Proof 70 Kennedys that they can't even squeeze the numbers into the columns in a legible fashion. I wonder what those numbers will look like in 10 years?) I make no apologies for what I say. If just one person credits me 10 years from now for their switch from collecting Kennedy Halves to choice early circulated Americana, I will have accomplished something. "
0
Comments
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
Dog97- I did not see the point you make in the explicit text.
I really enjoy collecting classic proof cameos. I like the fact that the mintages are low, the designs are beautiful and finding really nice coins from this era is a real challenge. I am not so sure if it has much to do with intelligence or the amount of time collecting. It is simply what I like.
Other people love moderns; there are probably a lot of closet Statehood Quarters lovers on these forums who won't admit it for fear of being ridiculed. I personally won't be derogatory towards anyone for collecting what he likes. Coin collecting is a unique experience for us all and should be enjoyable, therefore, gravitate towards what makes you happy.
I think that ANACONDA is just trying to suggest that classic coinage probably has better investment potential. Who really knows for sure if that is true or not?
Actually, I would have expected a little better from him... especially since he routinely sells common-date stuff at crazy prices. He comes across as yet another uninformed classic bigot knocking something he doesn't know much about. If he'd come back and post it might be an interesting debate.
For one thing, PR70s have little to do with coin collecting in any series. For another thing, the number of MS70 Kennedies he quotes are... you guessed it... all the specially produced 1998 SMS coins.
But I'd better stop defending Kennedies before Dog97 claims I'm Russ again.
One can make a pretty compelling argument that someone who has a $10,000 "insanely priced" Kennedy collection and $490,000 in more traditional investmens is a lot more likely to come out ahead financially than an "intelligent" collector with $500,000 in "investment grade" classics.
karlgoetzmedals.com
secessionistmedals.com
So to keep from offending the guys that are not exceptionally bright guys that collect JFKs I edited out the short weiners part.
Hey wait a minute I got some Prf 70 JFKs.........
That is a really good point. That is why most of my money goes into stocks, bonds, real estate etc., and only a part of it goes towards coins. It's hard to look at a stock certificate with the same awe as a really old DCAM proof though.
I like Andaconda's style but wish he tell us more of what HE likes vs what he doesn't.
By the way: Has it been 30 days yet?!
peacockcoins
Yes, I do know someone and I have tried to buy that Kennedy collection twice now
Wondercoin.
Someone stuck with a collection of Modern coins not worth 30% of what they paid for them, would probably call that a sales ploy.