JAY PARRINO and "The Mint"

PQpeace · May 27, 2003 6:09AM

Hello all,

I would like to hear your experiences with Jay Parrino and "The Mint"
History on him ?
I am in the curious mood today

Thanks for reading,
Larry

SethChandler · May 27, 2003 6:11AM

He basically had the Eliasberg collection............................................as inventory.

Seth

goose3 · May 27, 2003 6:14AM

I sold a PCGS VG8 1877 Indian to him one time on ebay. Didn't seem like a coin he'd be after but I used to see him bidding VERY strongly on certified Key date coinage on Ebay.

jdimmick · May 27, 2003 6:19AM

He bids very strong on nice collector grade key-date coins(Strictly PCGS )

If you ever saw his price list, you would know why?

goose3 · May 27, 2003 6:20AM

yep Jim,
He lists them very strongly too!

A while back he sent me a large full color book of coins for sale. Some real jaw droppers in the bunch. I enjoyed just looking at it.

lincolnSence · May 27, 2003 6:31AM

I think he is a jacka$$. Great material at "stick - em " up prices. And he always has a story to tell you about how your looking for a 67 but he is currently waiting to get his 68 back from PCGS. If you are in his league, get your dealer to deal with him. I won't ever waste my time with him again. Just my opinion of course

NumisEd · May 27, 2003 6:36AM

He was arrested for his involvement with the 1933 Double Eagle fiasco. He lives/works in Kansas City, MO......not far from me.

lordmarcovan · May 27, 2003 6:39AM

Experience buying from Jay Parrino? Geez! I'm just a middle-class working schmuck! I couldn't afford the nastiest stuff from Parrino's junkbox!

Sometimes it's fun to read his catalogs and dream, though...

oreville · May 27, 2003 7:09AM

I have known Jay Parrino since 1979. I bought from him for several years in the mid 1990's when it seemed that he had the coins I was willing to "die" for.

He was very good to me. Yes, he was not cheap but let me give you an example of what he sold me in 1997.

1945-P 10c NGC MS-67FB...... $11,000.

It was better than the PCGS MS-67FB slabbed ones I have seen.

NumisEd · May 27, 2003 7:14AM

Oreville, are you kidding me? What's that 1945-P piece of pocket change worth today? $500?? Why would you pay $11,000 for something so common?

LucyBop · May 27, 2003 7:18AM

a 45p full band is a extreme conditional rarity and commands a high premium.... yeah a 45p in and of itself is common, but one with full rounded split bands is one of the toughest Winged Libertys to find......

jbsteven · May 27, 2003 7:19AM

i think one of those 45p's in 65-67 FB went for over 40,000 last night. I could be wrong.....

oreville · May 27, 2003 7:20AM

NumisEd: I kid you not. Take a look at the values of such dime today. Anything but common.

Russ · May 27, 2003 7:30AM

<< <i>I sold a PCGS VG8 1877 Indian to him one time on ebay. Didn't seem like a coin he'd be after >>

He battled it out with Bear on a PCGS slabbed purple toned Lincoln I sold on eBay. Bear won.

Russ, NCNE

Lakesammman · May 27, 2003 7:55AM

He's good at what he does - buys the top coins and holds them hostage. It's a smart plan and has worked for him over the years. I suspect he's more successful at getting the grades he wants too, though I could never prove it....just a hunch.

DCAMFranklin · May 27, 2003 8:33AM

<< <i>I suspect he's more successful at getting the grades he wants too >>

Since PCGS seems to have everyone here convinced that no one in the grading room knows who submitted the coin or how much has been paid by the coin's submitter in annual grading fees, how is it so many insinuate that certain dealers receive better grades than collectors????

Just wondering.

Lakesammman · May 27, 2003 8:40AM

Better customers get percs in all businesses - are you implying the coin business is any different?? Purer?? Just doesn't pass the reality/human nature "sniff test".

littlewicher · May 27, 2003 8:44AM

So, does uh Mr. Parrino have any daughters?

NumisEd · May 27, 2003 8:52AM

I thought that a 1911 Barber Dime just sold for $18000. Why would a 45-P go for $11K? No offense Oreville.

littlewicher · May 27, 2003 8:57AM

Have you ever tried looking for a 45-P with FB? The only ones I've ever seen have never been FB or even close.

oreville · May 27, 2003 12:27PM

NumisEd: The 1945-P mercury dime in MS-67 FB (Full Band) now is shown on PCGS coin prices listing at $30,000. It is doubtful that a 1945-P mercury dime in MS-67 FB will sell for less than $30,000 anymore. The 1945-P dime in mint state and full band is RARER than the 1911 Barber dime and certainly quite close in rarity to the 1911 dime in MS-67FB.

Sure a non FB 1945-P dime in MS-67 is as common as they come and very VERY cheap. Have you done your homework on the difference between non FB and FB?

I am certainly not offended but I can't tell if you are asking to learn about this area of numismatics or if you believe you are correct in your assessment about 1945-P FB mercs and are trying to debate the subject?

tradedollarnut · May 27, 2003 12:35PM

Ahhh, yes - Jay Parrino. I used to go to his website and shake my head in amazement. Now I go to his website and shake my head in amazement.

NumisEd · May 27, 2003 12:41PM

Oreville, I really have learned something here. I don't collect Mercury Dimes, so I had no idea. I own several hundred circulated dimes, and most of them are 1945's. Based on what you are telling me, I am going to guess that people bought up all of the 1945-P bank wrapped dime rolls a LONG, LONG time ago and the chances of finding a 45-P FB is like finding a needle in a haystack. I stand corrected. I guess the 45-P dime in 67 FB is similar to the 1953-S Franklin with FBL. True?

oreville · May 27, 2003 1:00PM

NumisEd: A good question:

Per the January 2003 PCGS pop report book:

1945-P FB dime in PCGS mint state grades from 60 to 68....0, 0,7,9,39,32,9,3,0 (total 99 in mint state)
1953-S FBL 50c in PCGS mint state grades from 60 to 68....0, 0,0,2,13,18,1,0,0 (total 34 in mint state)
1911 dime in PCGS mint state grades from 60 to 68..5,21,104,158,160,97,49,8,1 (total 703 in mint state)

zep · May 27, 2003 1:24PM

Re: The Mint
I've listened to a lot of talk about Jay over the years but my experiences with him were always positive. Notice I did not say easy. Many people were turned off by his asking prices but the negotiated prices were reasonable. Anyhow, it was evident a long time ago that his model could not be sustained because those great coins often find long-term homes.

Justhavingfun · May 27, 2003 1:52PM

No complaints about Jay Parrino. I bought twice from him and twice have gotten two great coins.

Then, just recently, Warren Mills came in from Rare Coins of New Hampshire and looked at one of them: the 1864 small motto 2 cent piece in 65 proof red. Warren said: "That's an absolute beaut. Let me upgrade that one for you."

I gave it to him and it cameo'd. It's now pop 1/0, and the only small motto graded cameo in existence (and only one of 5 cameos in the whole 2 cent piece series).

So yes, Parrino charges a lot, but then quality pays off in the long run.

Best,

Just having fun!

GRTone · June 14, 2023 1:56PM

is jay parrino still alive? if not what happened to him?

Cladiator · June 14, 2023 2:02PM

I miss Lucy.

jdimmick · June 14, 2023 4:49PM

Jeez,

a 20 year old thread, man i have been on here a long time

Walkerfan · June 14, 2023 5:01PM

I remember getting their catalogs, in the mail, when I was a youngster of 20-something. LOL

The inventory was, completely, out of my reach/league but soooo exciting to look at.

I felt honored and privileged that they even thought enough to send me one!! LOL

The FUNNY thing is that those $500K and $1M coins are now worth 5-10x that much!!!

alefzero · June 14, 2023 5:09PM

He was the champion of the 20-coin box approach to building a great manageable collection.

BuffaloIronTail · June 14, 2023 5:56PM

He used to post full page ads in coin mags of the 1927-D Saint he owned.

He wasn't bashful abut the stuff he had.

Pete

lilolme · June 14, 2023 6:10PM

@Walkerfan said:
I remember getting their catalogs, in the mail, when I was a youngster of 20-something. LOL

The inventory was, completely, out of my reach/league but soooo exciting to look at.

I felt honored and privileged that they even thought enough to send me one!! LOL

The FUNNY thing is that those $500K and $1M coins are now worth 5-10x that much!!!

Walkerfan · June 14, 2023 6:13PM

@lilolme said:

@Walkerfan said:
I remember getting their catalogs, in the mail, when I was a youngster of 20-something. LOL

The inventory was, completely, out of my reach/league but soooo exciting to look at.

I felt honored and privileged that they even thought enough to send me one!! LOL

The FUNNY thing is that those $500K and $1M coins are now worth 5-10x that much!!!

That's WAY COOL!

Wish I'd have kept some of mine.

Thanks for posting this.

How about some pix of the inside and prices?

yosclimber · June 14, 2023 6:28PM

Check out this 2003 archive of his website.
Includes photos and prices.
https://web.archive.org/web/20030602071825/http://jp-themint.com/GetSub.cfm?catID=1

lilolme · June 14, 2023 6:44PM

More pages than I thought. Rough photos and in no order as I copied and pasted as a group. Sorry some are POR (which I did last but might not post that way).

MrEureka · June 14, 2023 6:51PM

Kolbe Fanning sold a set of his four pricelists for more than 2K a few days ago. Sadly, I don't have a set.

MrEureka · June 14, 2023 6:55PM

@Cladiator said:
I miss Lucy.

I miss NumisEd.

DisneyFan · June 14, 2023 7:03PM

Wonder what happened to that PCGS Proof 66 1921 Missouri 2x2 half dollar he listed as the most valuable commemorative coin at $175,000?

I don't see it listed in today's PCGS population or price guide

Walkerfan · June 14, 2023 7:21PM

@lilolme Thanks a lot for that trip down memory lane. Really, really cool. 👍

Nysoto · June 14, 2023 7:31PM

He has some awesome registry sets including complete sets of early $10 gold with varieties, along with complete early dollars and FH and DB half dimes with varieties.

MrEureka · June 14, 2023 7:38PM

@DisneyFan said:
Wonder what happened to that PCGS Proof 66 1921 Missouri 2x2 half dollar he listed as the most valuable commemorative coin at $175,000?

I don't see it listed in today's PCGS population or price guide

It's still there.

https://www.pcgs.com/coinfacts/coin/1921-50c-missouri-2x4/9332

Soldi · June 15, 2023 1:07AM

READ THE COVER
THE ARTICLE REGARDING THE COIN IS "FOOLS GOLD"

tcollects · June 15, 2023 2:46AM

@Soldi said:

READ THE COVER
THE ARTICLE REGARDING THE COIN IS "FOOLS GOLD"

I think your photo illustrates why we need to slab our beautiful coins

Soldi · June 15, 2023 2:49AM

@tcollects said:

@Soldi said:

READ THE COVER
THE ARTICLE REGARDING THE COIN IS "FOOLS GOLD"

I think your photo illustrates why we need to slab our beautiful coins

Yes, no sense studying the art the history and stories surrounding the fantastic journey we're on
.
How Shallow

tcollects · June 15, 2023 2:52AM

hey now, you're the one who posted the Playboy

Soldi · June 15, 2023 3:59AM

@tcollects said:
hey now, you're the one who posted the Playboy

Grow Up ! I didn't write nor sell the VERY FINE ARTICLE you short sighted self rightous balderdash

Walkerguy21D · June 15, 2023 4:14AM

@Walkerfan said:
I remember getting their catalogs, in the mail, when I was a youngster of 20-something. LOL

The inventory was, completely, out of my reach/league but soooo exciting to look at.

I felt honored and privileged that they even thought enough to send me one!! LOL

The FUNNY thing is that those $500K and $1M coins are now worth 5-10x that much!!!

I met Jay at the 1996 ANA show and admired his top pop early copper in person.
I was apparently unworthy of having catalogs mailed to me, but they had these inserts in Coinworld magazine. My special large cent edition was swiped by one of my EAC buddies, but I still have this one. And I figured you’d also want to see some of the Jack Lee walkers he was offering:

ElmerFusterpuck · June 15, 2023 4:34AM

I remember seeing the catalogs and some of his coins, they were beyond awesome.

Never had any personal dealings with him, but I remember him outbidding me for a PCGS AU-58 1878 $20 on Ebay. That coin was beautiful and flashy and had very PL surfaces (back before they designated that). Apparently he saw the beauty and flash too.

1775 · June 15, 2023 6:10AM

Sold him a deal of rare paper money /Including a Kansas Red Seal $10/ saw them all later in his catalog (which I still have ) at about twice what I sold them for. Had no problem with that

Walkerfan · June 15, 2023 6:14AM

@Walkerguy21D said:

@Walkerfan said:
I remember getting their catalogs, in the mail, when I was a youngster of 20-something. LOL

The inventory was, completely, out of my reach/league but soooo exciting to look at.

I felt honored and privileged that they even thought enough to send me one!! LOL

The FUNNY thing is that those $500K and $1M coins are now worth 5-10x that much!!!

I met Jay at the 1996 ANA show and admired his top pop early copper in person.
I was apparently unworthy of having catalogs mailed to me, but they had these inserts in Coinworld magazine. My special large cent edition was swiped by one of my EAC buddies, but I still have this one. And I figured you’d also want to see some of the Jack Lee walkers he was offering:

💜💜💜 👍👍👍 🙏🙏🙏

JAY PARRINO and "The Mint"

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JAY PARRINO and &quot;The Mint&quot;

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JAY PARRINO and "The Mint"