Home› U.S. Coin Forum

"Disturbing" or "Cool" ?!

Comments

  • solidsolid Posts: 2,975
    That somebody bought a barrel full of these as scrap.

    They do look cool, though. image

    Ken
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Thats cool!

    Cameron Kiefer
  • YousriYousri Posts: 477
    Disturbing and very image
  • dimplesdimples Posts: 1,286 ✭✭✭
    How many people are going to get ripped off on these I wonder. Pure Scrap!
  • kieferscoinskieferscoins Posts: 10,017 ✭
    They will only get ripped off how much they are willing to bid. Its a real auction and I wouldn't call it ripped off. They don't have to bid.

    Cameron Kiefer
  • fountainheadgoldfountainheadgold Posts: 2,467 ✭
    send some to John Kerry
    Michael
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    I like it a lot at the current price of $1.00 image

    At the price the auction will eventually close, no interest at all.

    Liberty: Parent of Science & Industry

  • krankykranky Posts: 8,709 ✭✭✭
    It's a bit misleading that the auction states "graded by NGC" when they aren't graded. And "beautifully displayed in our own exclusive multiholder"? Looks like the same holder I've seen elsewhere.

    But in the big picture, there's no hype - in fact, it never even explains what "waffled coins" are!

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • shylockshylock Posts: 4,288 ✭✭✭
    mmmm, pass the syrup.
    Paul <> altered surfaces <> CoinGallery.org
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    Very disturbing when NGC Certifies scrap and scrap with overlap.
    Is it all a MONEY GAME???????
    MY two and a half cents worth.
    Smitty
    https://www.ebay.com/str/christyscoins
  • TUMUSSTUMUSS Posts: 2,207 ✭
    Since it is holdered - It has a slight coolFactor. It is my understanding these were struck by canceled dies???
  • thebeavthebeav Posts: 3,783 ✭✭✭✭✭


    << <i>It is my understanding these were struck by canceled dies??? >>



    From what I remember.....These were struck quarters that may have had a little something wrong with them. The mint ran them through a 'waffle machine', to cancel them. Many bins of these were then sent to an 'out-of-house' smelter who saw some value to them. They paid the mint for the scrap and started to market the coins........There was some original legality issue but the final ruling was that the smelter owned the coins and could do as he pleased.....
    Paul
    My Ebay Coin Store
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Disturbingly cool!
  • TrooperTrooper Posts: 1,450 ✭
    I was wondering about these "waffles". About a year ago a couple sold on Ebay and went for good money. There was an article in coin world or something too. It's interesting thread to see that they are holdered, and I think they are just a neat thing to have as a conversation peice but nothing more to me.
    Tom
  • wjd283wjd283 Posts: 1,406
    It disturbs me that NGC is in bed with the likes of silvertown and the coinvault.
    I have no respect for them whatsoever.
  • kieferscoinskieferscoins Posts: 10,017 ✭


    << <i>It disturbs me that NGC is in bed with the likes of silvertown and the coinvault. >>



    NGC's job is slabbing coins. If a company send in slabbable coins they will do it otherwise they go out of business. Their job is grading and not saying what companies they will accept submissions from or not.

    Cameron Kiefer
  • GoYankeesGoYankees Posts: 1,025


    << <i>send some to John Kerry >>



    Who?
    Ex-modern Collector.

    Photos of the 2006 Boston Massacre
  • wjd283wjd283 Posts: 1,406


    << <i>NGC's job is slabbing coins. If a company send in slabbable coins they will do it otherwise they go out of business. Their job is grading and not saying what companies they will accept submissions from or not. >>



    I understand that,BUT,the first time I saw a "multiholder" was on coinvault.Will they do that for your average person?
    I also saw where they certified smoe GSA Morgans still in the GSA holder by just sealing the holder up and sticking a grade on it for coinvault.Will they do that for anyone?
    Can anyone send in waffled coins and get them encapsulated in a multiholder?Maybe,I don't know.
    I guess watching coinvault has turned me agin'em.
    IMO PCGS and ANACS are the only respectable TPGs in the business.
  • GonfunkoGonfunko Posts: 1,481 ✭✭✭


    << <i>

    << <i>NGC's job is slabbing coins. If a company send in slabbable coins they will do it otherwise they go out of business. Their job is grading and not saying what companies they will accept submissions from or not. >>



    I understand that,BUT,the first time I saw a "multiholder" was on coinvault.Will they do that for your average person?
    I also saw where they certified smoe GSA Morgans still in the GSA holder by just sealing the holder up and sticking a grade on it for coinvault.Will they do that for anyone?
    Can anyone send in waffled coins and get them encapsulated in a multiholder?Maybe,I don't know.
    I guess watching coinvault has turned me agin'em.
    IMO PCGS and ANACS are the only respectable TPGs in the business. >>


    Yes, anyone can get the multi-holders or the GSA Morgans. Just send them in under that service level.
  • kieferscoinskieferscoins Posts: 10,017 ✭


    << <i>Will they do that for your average person? >>



    Yes.



    << <i>Will they do that for anyone? >>



    Yes.



    << <i>Can anyone send in waffled coins and get them encapsulated in a multiholder? >>



    I believe so.

    Cameron Kiefer

  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    These should have been BB since they're damaged
    Waffle cancel is the destroying of the coin, can I waffle a coin and send it in.
    Of course not NGC does have a double standard.

    Smitty
    https://www.ebay.com/str/christyscoins
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    But the coins are not graded. They are simply put in a holder, I have some tokens that were slabbed. I bet you if someone approached PCGS with 10,000 waffle coins and offered them $8 each to slab them they would...
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • wjd283wjd283 Posts: 1,406
    OK,my disgust with NGC may be unfounded.No biggie.

    Do any of you have anything to say aboot coinvault that may change my perception of them?image
  • MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>Do any of you have anything to say aboot coinvault that may change my perception of them? >>



    NO!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • airplanenutairplanenut Posts: 22,147 ✭✭✭✭✭


    << <i>Do any of you have anything to say aboot coinvault that may change my perception of them?image >>

    They're a big customer. They submit a lot.

    How do you feel about the slabbing of the WTC silver eagles by PCGS?
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • wjd283wjd283 Posts: 1,406


    << <i>How do you feel about the slabbing of the WTC silver eagles by PCGS? >>



    I would'nt buy one.
    Point taken.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...