There Should be a Law: All Non PQ Coins Should be Melted!

fcloud

Unappealing coins should be melted, so no one can ever get ripped off, by lower quality coins!
The best way to protect people from themselves it to get rid of all lower quality coins!

Here is a great example. PCGS 1926-S MS61. This coin should be melted because it is not PQ! Just because I am happy with it no one else should ever be allowed to own such junk! (By the way, I got a super deal on the coin.)

fcloud

Oh, here is another tarnished coin from my set that should be melted.

fcloud

How about another! This one isn't dipped out and shinny, it should be melted, too.

mercurydimeguy

Tony, I understand the spirit of your thread, but it is a bit overboard. Clearly your picture taking skills are improving, though.

At each given grade a coin can have a number of reasons why the grade is as such.

For instance, in an MS62 grade it could be heavily bagged, or it could be hairlined, or it could have no luster, etc., etc., etc. The point is at every grade and price level, there are PQ examples.

I can show you a number of PQ62FB coins -- dunerlaw can attest. I can also show P.O.S. in 68 holders...

A coin being undergraded doesn't make it PQ. And a coin properly graded doesn't make it PQ.

A coin that "speaks" to it's observer/viewer, in any given grade makes it PQ.

Since PQ is purely subjective what is PQ to you may not be PQ to me. And that's OK. Actually the "market" at large will eventually dictate/decide what is/isn't PQ.

Happy New Year!

morgannut2

You're part right--NOT PQ---ALL P - S Morgans made between 1878 and 1887 should be melted---Put them back in their bags, even in their MS67 holders and make a 1000 each 1892 through 1897 Morgans P/S/O and auction them to high bid in GSA holders!!

DennisH

Why not just lower their grade until they are PQ for that grade?

Fairlaneman

Interesting that you would use a 26S as a example of a coin that a casual person, that does not collect Merc Dimes, might call not PQ. Certainly not every 26S that has been graded mint state will look, or have the appeal of, a 42D Merc but the pot of coins that you can choose from is miniscule compared to the 42D's huge population. Casual observers of coins that they do not collect usually make statements about a coin with no facts in hand to back up their statement. If a person that says the coin is not PQ comes on board with a fist full of knowledge to back up his statement then maybe he has the right to call a certain coin not PQ or just Okay for the grade. Untill the knowledge is obtained probably the best thing Mr Non-Informed should do is keep the old mouth shut.

Lets take your 26S and try to explain why it is a decent coin. First off and foremost just might be the total population of this certain date that has been graded Mint State by PCGS. That population is 216 coins total and includes the FB examples. Compare this population the the Full Band population of the 16D, which is 279, and a few eyes just might open up when a 26S is observed in the future. Second point on your coin is the strike it has for the date. A 26S usually has some weak points on both the obverse and reverse of the coin. Your coin does not, except for the middle band which is no big deal anyway. Third the coin looks original which is a big plus in this age of coins that are getting conserved to try to gain a point from the grading services.

The recap from myself on your coin is this. If I were you and some casual observer or dealer told me that this certain coin was a dog first offf I would try to explain and point out that the coin is not a run of the mill common date in the Merc Series. If the person still contended that the coin was just so-so a polite "Go Pound Sand" would be utterted and never again would any Merc I owed would be shown to the person.

End of rant about how a casual, un-informed person just might view a coin that they know nothing about.

Carry On Folks

Ken

michael

There Should be a Law: All Non PQ Coins Should be Melted!
most all but not all but most ALL purveyors of plastic on these boards and the services would be out of biz

anit gonna happen

Russ

<< <i>most all but not all but most ALL purveyors of plastic on these boards and the services would be out of biz >>





Russ, NCNE

fcloud

Thanks for the comments.

I just get so sick of hearing you can only do this or that. These forums used to be fun, and learning tools. Now they seem to be a way to bash the average collector. I am a proud owner of a the "current 8th best complete set of Mercury Dimes;" some PQ and some not. It is a huge accomplisment given my budget. Many coins in the sets above mine cost more than my entire set! I didn't buy numbers--I bought coins. And I have enough guts to put photos of each coin in my set. Money is not everything, and I can tell you I had as much fun building my set as a person who can spend 100 time more!

I don't need to be protected from myself, as I am sure many of you don't either. In reality, don't melt those coins, let the laws of supply and demand work. The dogs will not get as much as the PQ. You don't need to be a rocket scientiest to figure that out.

Ken, that 1926-S is probably the best I will ever do on that date, and it looks okay to me for MS61. The color is what makes it a 61, as you can see the coins is not beat up with all kinds of marks, and has a nice strike. Sending it off for conservation may actually improve the grade on that one, but it is not going there while I own it.

morgannut2

First--- fcloud I have not seen an unattractive coin in this whole thread--but it's supposedly about non-PQ coins
Second----In my opinion you have completely misinterpreted some statements by people thinking wrongly they are bashing collectors who don't own all PQ coins---Every thread I've read on the subject was really directed at part-time dealers, scam artists on Ebay, and their ilk-- who pawn off the dregs of any coin series to unsuppecting collectors--using disception to trick seasoned collectors and outright scams on new collectors.
Third------There is a legitimate problem--WORTH DISCUSSING-- caused by the fact that the registry rewards complete collections--A lot of people feel it is absurd to buy a number of unattractive coins just finish so they're not be at the bottem of the registry rankings---How would you like to be last when you own 5 of the rarest and most admired coins in a series, but you're missing 10 common pieces of junk that most dealers store in canvass bags???????

fcloud

Morgannut2,



<< <i>There is a legitimate problem--WORTH DISCUSSING >>



I absolutely agree, but the way in which it is done is ridiculous. And that is why I chose the title. It would be absurd to melt all non-PQ coins. It is also absurd to insult wannabees. Trust me every dealer did not start at the top of their game. Yes, game! There is a way to educate without insulting the integrity of others.

Educate me why a coin is PQ; don't tell me every coin I buy has to be PQ. If you can't do photos of coins, point to photos on websites, or explain why a coin with a nick or marr in a certain place is bad and okay in another place.

The same thing with these wannabees. Why is it bad for a collector to want to become a dealer? Did all dealer start at the top except wannabees?

And maybe I take things that aren't meant for me as personal, but it just crawls under my skin when this place used to be so much fun.

So, let's educate people instead of these games.

Tell me something and I may remember; show me something and I may never forget!

tradedollarnut

With all due respect, you have your panties in a bunch over nothing. My thread had zero to do with wannabes, was not preaching in any way ... was a forum for discussion. For some reason, you reacted in an antagonistic manner over an assertion I stated I didn't even agree with completely.

It also seems that you are mixing PQ for the grade with top pop. There's nothing wrong with collector grades ... nothing at all. All the suggestion is saying is that it's better to have eye appealing examples in your grade of choice - what's so terrible about that?

As for wannabes, you are under the mistaken impression that she thinks a collector turned dealer is a wannabe. That is not what Laura is preaching against - she's preaching against a person who knows a little bit about coins and then parlays that into an image where all of a sudden they are advising people on hundred thousand or million dollar coins that they have absolutely no experience with. People lose a lot of money in situations like that, so maybe you should think twice before you have a cow over a legitimate warning.

fcloud

Tradedollarnut,

This thread was not about one or two threads, but a bunch of threads I have seen of late.

I will now take my undies out of my bundies!

headsplitter2

Who makes the call on what's PQ? I believe it is the collector's choice on what is pq.
If thier was a law like that, they would confiscate those fugly dimes.