"Steve (Deeds) has evaluated the value and grade of billions of rare coins."

ColonialCoinUnion

This is a direct quote from the Bowers and Merena ad in the November Numismatist.

I'm not a full-time, professional mathemetician, but wouldn't it take a couple of hundred years to evaluate and grade just 1 billion coins? Either Steve looks great for a man his age, or this ad might contain juuuuuuuuuuuuuuuuuuuuuuuust a wee bit of hyperbole.

cointagious

He's looked at thousands of bags of circ 90% and declares them 'average circ' and worth 4.2x face. That would make the claim legit - almost.

magikbilly

well,
I have handled a good bit of currency in my 35 years too. Pennies, nickels, dimes, quarters, halves and even paper currency! I too had to determine the denomination and judge its value - before I spent it (usually face )
- perhaps they ought to add "in bulk" to that ridiculous claim, and take out the "grade"...and the "rare"...

Billy

dorkkarl

is it a typo? ie. "billions of $$$ worth of rare coins"

K S

cladking

<< <i>
Replying to Thread: "Steve (Deeds) has evaluated the value and grade of billions of dollars of rare coins."


>>



Probably just a typo and a little hyperbole.

JadeRareCoin

Yeah, it must be a typo. It's similar to the tag line that we use in some of our company literature. Here's an example:

Dennis (Tarrant) has handled literally hundreds of dollars of rare coins.

or.......

The numismatists at Jade Rare Coin have a combined experience of over 3 years. That's 21 years in dog years.

mrearlygold

Wow, you guys are going to roast Steve Deeds? Steve's one of the good guys in the business.


Further, imagine the difficulty he must be having in running a company with a name that has nothing to do with the company.


Tom

kieferscoins

"The numismatists at Jade Rare Coin have a combined experience of over 3 years. That's 21 years in dog years."



Send me a brochure! Thats hilarious!



Cameron Kiefer

BigE

Maybe it was supposed to be "Steve (Deeds) has evaluated the value and grade of binions rare coins." --------------------------------BigE

eagle7

Perhaps they meant billions of dollars worth of rare coins. A statement which in my humble opinion would be just as much of an overstatment as the first.

mgoodm3

I like the new Jade slogan.

nwcs

Maybe australian dollars?

JadeRareCoin

Hey, CCU, I just remembered: What happened with your "are you ready" thread? We are still waiting....

EVillageProwler

While everyone should feel free to comment about whatever is on his (or her) mind, I'd like to remind folks of the Golden Rule: do onto others as you would have others do onto me.

In this case, we're talking about real people. I think it would be reasonable to remember that bit of fact, and to temper our comments so that any of our negative comments are done so with a specific genuinely positive intent.

In other words, blasting a scumbag eBayer is ok to me because it serves a genuine public good. But, I personally derive no benefit from being reminded that marketing statements oftentimes contain hyperbole.

Please also realize that I am not trying to judge anyone here. I cannot truly get inside each poster's head; only the poster knows his true intent.

Regards,

EVP

JadeRareCoin

EVP, I don't think that anyone is saying anything disparaging about Steve Deeds. He's one of the good guys, and I think that most people here know that. I think this thread is just about a typographical error that's a bit amusing.

JohnMaben

Mr Deeds has been around forever. If you count all of the bags of silver and other bulk deals he was a part of at A-MARK, it's easily billions......

EVillageProwler

Threads like this have a way of getting out of hand. Didn't think it was inappropriate to remind folks of something that is easily forgotten in an Internet message board setting.

a typographical error that's a bit amusing

Yup! Can't argue with that one!

EVP

oreville

nwcs: You said <<<<<<<<Maybe australian dollars? >>>>>>>>

Heh, heh. Be careful! Those australian dollars are rapidly approaching the value of the US $1 !!!!

nwcs

Well, easier said than Turkish Lire.

ColonialCoinUnion

<< <i>While everyone should feel free to comment about whatever is on his (or her) mind, I'd like to remind folks of the Golden Rule: do onto others as you would have others do onto me.

In this case, we're talking about real people. I think it would be reasonable to remember that bit of fact, and to temper our comments so that any of our negative comments are done so with a specific genuinely positive intent.

In other words, blasting a scumbag eBayer is ok to me because it serves a genuine public good. But, I personally derive no benefit from being reminded that marketing statements oftentimes contain hyperbole.

Please also realize that I am not trying to judge anyone here. I cannot truly get inside each poster's head; only the poster knows his true intent.

Regards,

EVP >>



For the avoidance of any confusion, I know Steve Deeds and think he is a great guy.

I posted this because the ad caught my eye - as do many in Coinworld, the Numismatist et al - as being totally
over-the-top. I too assumed it was a typo and that the intent was to say that Steve had evaluated 'billions of dollars' worth of coins. But you know what? That too is probably impossible. Maybe the ad was supposed to say 'millions', not billions?

At the end of the day, I really don't know what they meant to say, or if the intended claim could be substantiated.

MS68

I don't see anything wrong with the advertisement. Steve has been around forever. I figure he has to be at least a few hundred years old by now!!

tradedollarnut

Physical age - he's not over 90 mentally!

kamehameha00

Lets say he spent one second grading each coin, and lets say that he graded a billion of coins. Now, if you multiply 1,000,000,000 times sixty, to get the number of seconds, the sum would be 60,000,000,000 seconds. If you divide 60,000,000,000 by sixty, to get the number of minutes, the number of minutes would be 1,000,000,000. If you were to divide that by another sixty, to get the number of hours, it would be 16,666,666 hours. Divide that by twenty-four to get the number of days, which would be 694,441 days. Divide that by three hundered and sixty-five to get the number of years and you would get 1,902 years. In other words, it's physically impossible.


(Yes, I am bored.)