Options
Name a numismatic specialty that will suffer in 2007.
291fifth
Posts: 24,667 ✭✭✭✭✭
Why?
All glory is fleeting.
0
Comments
<< <i>Why? >>
Collecting Colonial coins.
Why? small collector base and I don't see it becoming a big deal anytime soon.
<< <i>Collecting Colonial coins.
Why? small collector base and I don't see it becoming a big deal anytime soon. >>
I hope you're right. I've been wanting to pick up a few colonials.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>Medals. A lot of significant collections were sold in 2006 and went for obscene prices. Although the speciality will still be popular, I think that the numismatic pricing frenzy that we saw in 2006 will not be sustained in 2007. >>
Perhaps, but I suspect the medal collections (Ford and Norweb) I suspect you speak of will be items which I do not expect to really see that many of in 2007.
(OTOH, some of the Vernon medals in the Requa collections Stack's sold in November did seem to go high. A lot I bid on went for about 3x of my high bid.)
(Maybe that says more about my high bid.)
(OTOH, I did win five of the six lots of Assay Commission medals I bid on at Heritage's September sale. And I cannot afford to pay obscene prices, so these did not go for them. And for the sixth lot, I was the direct underbidder.)
Ed. S.
(EJS)
<< <i>coin doctoring.
2007 will be the year they finally meet resistance.
Mark my words, things WILL be done to fight them hard in 2007. >>
I hope you are right.
Toned coin market.
Why?
There seem to be an increasing number of AT coins making it into TPGS holders.
-David
So noted. Not that we'll give you a hard time in a year if nothing has changed, of course.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Why? small collector base and I don't see it becoming a big deal anytime soon.
If I agreed with your premise, which I don't, I still don't understand why the market would suffer.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i><< coin doctoring.
2007 will be the year they finally meet resistance.
Mark my words, things WILL be done to fight them hard in 2007. >>
>>
it'll always be going on unless everyones coins are confiscated
probably less though if they're not making money at doing it.
<< <i>Name a numismatic specialty that will suffer in 2007.
Toned coin market.
Why?
There seem to be an increasing number of AT coins making it into TPGS holders.
-David >>
I don't think coin doctoring or toned coins will take a big hit in 2007. For them to take a hit, the demand would have to go way down. I don't see that as a big possibility. How many people who have collected toned coins this year won't be collecting them next year?
-- Adam Duritz, of Counting Crows
My Ebay Auctions
Why? Because I think the mint has finally hit upon a dollar program that's got a little something to it. Don't get me wrong: I'd still like to see something other than presidents on the coins, but at least making the dollar coins a series gives people an additional reason to collect them that they didn't have with Sacs.
State quarters will always be easier to collect (since they actually circulate, and my guess is that the presidential dollars mostly won't) but they should be easy enough for collectors to get from banks and post offices.
-- Adam Duritz, of Counting Crows
My Ebay Auctions
I think most coins in general will become soft during 2007. Other than common date gold coins. I think gold and silver will remain bullish.
Why ?
Deficits are too high and climbing. Too many tax cuts and war. Oil prices too high will become a bigger load for the consumers to carry. All of this, and the Mint's greed is out of control, soaking the common collector which bleeds off the disposable numismatic dollars. This is all too familiar a cycle for me. Been there, done that !
In addition, I think many coin collectors will switch to Currency collecting. A field where the mint/BEP isn't pumping out any more Large size notes. Third party grading is finally leveling the playing field. A chance for the common man to own some rarities.
Oh yeah, the popularity of poker will continue to grow, leaving even less disposable income. LOL
See you in 2007
1) I point-blank asked NGC graders whether they thought that the MS-70 treated Blue Proof IHCs -- which they started slabbing this summer -- were considered "market acceptable." As they pointedly did not respond to my question, that means 'yes.'
2) I don't know how many of the wildly toned Unc. Capped Bust Halves which mysteriously started appearing about two years ago are AT'd coins. What I do know is that Unc. Capped Bust Halves don't look like the ones I'm refering to, many of them were holdered in first tier slabs, and I wouldn't want any of them in my collection.
3) What about the expensive coins which have been lasered and considered to be "market acceptable."
4) What about the lasered gold?
I sincerely believe that no one is going to do anything about this, because everyone involved is making money in the sale / brokering of these coins.
"Seu cabra da peste,
"Sou Mangueira......."
You have been promising action for sometime. I hope you are right but this is not the masses against one or two crooks; there are alot of fixed coins in dealer inventory and collectors cabinets ( so to speak). The greatest resistance to making change is from the people who have the altered coins. It is true however if a real attack occurs, the wrath of the the same recipients of artificially tarnished goods will be turned on the fixers.
Good luck.
Based on the images, it looks like every proof gold coin (except the Proof-55 Stella) in the Heritage Platinum Night sale has been worked. Will people continue to pay tens to hundreds of thousands of dollars for coins that have been obviously doctored?*
(* I have not seen the coins in person. My statement is based on the observations of two specialty dealers who have viewed the coins and the images of the coins in the Heritage catalog).
I don't believe it.
Joe.