i am at baltimore now the show for my kinds of coins is instant liquidity at monster prices!!!!!!!!

michael

i was shocked at the offers i received .......it was beyond my wildest expectations

there are no good coins to be found on the floor in my type of stuff killer exceptionaL eye appeal that i likes yes there where a few exceptions but they where few AND far between and i am no market insider soi i am sure the monsters traded hands before the show opened or are saved for friends

i looked at the bowers and merena auctions and well there was absolutely nothing with few exceptions that i looked that that was exceptional high eye appeal killer coins

a couple of top insider dealers i know said that there was absolutelty little to nothing to buy

i myself did trade for a monster superb gem flyer at multiples of sheet as did not have any funds available.... i love to trade but i had to give a gem+++ monster toned killer twenty cent piece and a superb gem ++++ better date monster toned red and olive green barber dime that are totally freash and new to the marketplace especially so the barber dime all these three where pcgs


lets see got a killer eye appeal really nice for the grade ngc saint i did a trade but i had to give a really special liberty double eagle for and one other really nifty item........ so i have found i love to trade all ngc coinage

but with trading what usually happens is you keep trading till you got nothing less

oh and many really go by the sheet prices and they got every excuse in the book but then i asks them for a price and it is 2.5 times sheet and i will tell you this thAt many table holders at the show got more great/fantastic answers as to why i should kill myself or why my stuff is crapola and theirs is the holy grail then there are grains of sand in the ocean but i guess monster stuff talks and it was incredibly easy to do my trades

i guess i will die with this stuff.... i gave away too much and paid way WAY too much in the trades

michael

i guess it is a sickness it is in my blood but i really had lots of fun

also i did some good things and raised some resourses for my three orphan kids i am supporting so that took the pressure off of me but i needs more!! well now it is down to two orphan children

michael

oh and just a FYI

if you want to be traded wonderfully and want to see great coinage and/or also get exceptionally strong offers for your items with someone of integrity and knowledge and responsibility

see these peeps at the show even if just to talk and say hello or get some expect TRUE OPINIONS

in no particular order



katy at pinnacle-rarities.com

wayne henderon at www.wayneherndon.com

see mark feld www.markfeldcoins.com

brian wagner www.bwrarecoins.com

291fifth

It sounds to me like the bourse must be filled with coins that are overgraded swill. Just what percentage of the coins on the floor fit your definition of "monster". I'll bet that percentage is a tiny fraction of 1%.

How are "ordinary" coins selling...if at all?

michael

well myuself i consider monsters to be anything from a choice proof matte finish indian eagle a monster gem toned twenty cent piece a choice vg flowing hair half dollar with full rims to a better vam variety in choice unc to prooflike any circ dove grey problem free great eye appeallingf pre 1915 type coins

and of course all of the above have to be great eye appeal +++ if not better

i would say on the floor 2% of what i saw was worthy

oh and also any choice proof type nicely toned or whiite again the key is eye appeal

so for me monster eye appeal is anything pre 1936 that is at least solid for the grade and killer eye appeal and this could even be for ag pre 1807 type coins also

the key is pre 1936 and killer eye appeal which presupposes great if not better for the grade and also with above average eye appeal or other extraspecial extraordinary qualities about the coin or whatever numismatic speciality is your pleasure

oh i might add to ALL OF THE ABOVE scarcity!!!!!!!!!!! must be scarce

LeeG

Sure sounds like your having fun Michael and I'm sure the trades have worked out in "your" favor

goose3

<< <i>a couple of top insider dealers i know said that there was absolutelty little to nothing to buy >>



IWOG is there?

fc

i asked mark to get to a dealers table on thurs to look
at some pcgs graded half eagles. real nice dates.
55S, 60S, 72P, etc...

ALL GONE.

The only coins left that mark liked were priced to the sky,
except a lowly 1879S that he liked and I instantly bought
for my collection.

i was shopping for a 2500 dollar coin and got a 250 dollar one :-)

i am very happy.

MikeInFL

Thanks for the report, Michael!

ms70

Wait a minute..... You had a "gem+++ monster toned killer twenty cent piece" to trade & didn't give us first shot????

oreville

ms70:

Bear

I woulda paid 10X face value for that 20 center.

ms70

<< <i>I woulda paid 10X face value for that 20 center. >>



Hey big spender!

RickMilauskas

Thanks for the report Michael. Sounds like you're having a blast.

Maybe if you are around Saturday I'll catch up with you.

Coxe

It has seemed that way to me for quite while now, at least six months. Hard to find rarieties that don't have problems or are IMO overgraded in slabs. On slabs, have you noticed a lot more of the fringe TPG (other than the top 3 or 4) slabs on the bourse?

michael

sure kiddo just pagvbem me as i will coemto the frint to meet you just page michael pikachu and i will come

i had abouht 200 dollars of cool satuff given to me free and i opff loaded it to some kids i saqw there with their paretns that said they did not get anything well they gvots it from me all cool slabs with cool stuff in them samples even james taylor gave me some sample slabs new anx

i gave that one to danaca

also met lots of cool peeps and also met some new friends whom i never saw ans also for the first time learned something that i never learned coin wise on these boards

also i talked to many and i got lots for my orphan kids but i need more

it was fun so i deleted all my messaGES ON HERE AND I HAVE DECIDED AFTER THIS POST NEVER TO COME ON THE PCGS BOARDS EVER AGAIN IT IS TIME FOR ME TO GET A LIFE AND EXPERIENCE NEW THINGS

and leavfe the players here that are not too happy with me alone once and for all i also taLKED TO SOME INSIDERS AND THEY MADE QUITE SOME REVELATIONS ON A PARTICULAR MEMBER HERE AND his insider trading deals with a major service no i cant prove it but i thinks if i happen to tell you the story it would b e interesting but i am too tired and i founmd out that i had fun and also learned much at the show which i never did here and it has becvome not too positibe for me on here as many hate and also skullduggery so it is goodbyes ville fvor michael

no more coming on here or posting unless i got sosmething to peddle on the sell buy trades boards

and many will be happy this place i feel is just not for me and i learn little to nothing

time for me to turn another leaf AND JUST talk directly to collectors or maybe twice a year just go to a show and hang out

good luck i have advanced and i enjoyed it here somewaht butt his has come to an end i have no more fun on here

and accourding to many i am a bad boi

so i think it will be a positive synergy for me to call it quits here and also many will be happy happy

i will still stay on the sleepy hollow

your obet. serv.

michael

michael

oh i will just go to bed earlier and alos i will do more volunteer work at the old folks home down the street from me i will ride my bike over i now run the bingo

did i tell you i had a dog named bingo

oh and i pm carol a week ago with my choose a title as i did not realize it till now many people madcew fun of me aND AS OF A WEEK OR SO AGO?? NO CHaNGE i think they are not too helpful for michael so it is a synergy for everyone lol

for me to go

lol


i love it and man did i have a really inter4esting show but you will never hear about it but that is okie as many say on here i am full of it anyways so nothing lost or gained

lol

Coin Finder

Thanks micheal!!! for the update and hey...cheer up will ya!!!!!!

Myqqy

oreville

Agreed with the bigeng'd post. Michael. hope you stay around right here in these boards.

But we still would love you see what you have to sell before it happens! Even if it is only a show and tell on the bst boards. Makes the boards more interesting too.

As far as making fun of you, that is simply not acceptable. You have far more admirers than detractors.

Besides, I have not seen anyone make fun of you in a very long time.

Myqqy

and leavfe the players here that are not too happy with me alone once and for all i also taLKED TO SOME INSIDERS AND THEY MADE QUITE SOME REVELATIONS ON A PARTICULAR MEMBER HERE AND his insider trading deals with a major service

So you have some major scandal news, but are leaving forever?

mrearlygold

Michael, did you have a good show?

pharmer

Sounds like the show's just starting. Good report, entertaining.

100proof1957

Take your meds Brother

you r getting more difficult to understand by the minute

numobri

All I can say is,Thanks for your time and the report.

You should hang around.

Best of luck.


Brian

Craton

<< <i>

<< <i>a couple of top insider dealers i know said that there was absolutelty little to nothing to buy >>



IWOG is there? >>



I like IWOG ..... but that was funny!

BAJJERFAN

<< <i>Michael, did you have a good show? >>



It sho sounds like he did.

fc

as for the scandal, it sounds stock related and on the scale
of martha stewart.


michael, u better not leave us!

roadrunner

I'm not a believer in the "instant liquidity" idea in coins unless you have circ wheat cents, common Morgans, or $20 generic saints for example. Monster type or dated material does not enjoy instant liquidity unless you undersell it. And that goes for anything you sell. When it flies out of your hands, you almost always undersold it. What remains are coins you over-estimated and missed something on. When priced at near market value even monsters take time to move. Possibly one exception is the rarified air where a Monsterman or Dr. Duckor operate behind the scenes. Only a fraction of 1% of dealers or top collectors have any exposure to the goings on in that type of trading.

Most non-dealers who own really top notch material usually undersell it unless they go the auction route....and there most give away at least 13% in commissions. Taken at random on a large bourse floor, 9 out of 10 dealers tabled would have no idea if they are looking at a monster example of a coin, a PQ one, or just a nice one. And even out of a group of 10 dealers who routinely deal in such material, maybe only 3 or 4 would make reasonable or strong offers (whether for cash flow, looking for rips only, don't know or trust you, etc.). In most cases they would not make offers and allow you to underprice or overprice your own coins. And if someone is amazed at an apparently "high offer" they have received for something, it's usually because they have not kept touch with the market or they have still under-estimated the coin.
Dealers don't usually take substantial risks. They pay what they perceive to be under the market to sell to collectors at FMV....unless they have undiscriminating buyers waiting in the wings to pounce on any "newps" sent to them.

The best classic coins are not enjoying any bourse time. They are sold via want lists or end up at auction. I would imagine any longer term holders of top notch classics (even their so-so coins) far exceed the quality seen on the bourse floor these days. It feels like some of the sleeping 19th century classics are about to have their day.

roadrunner