My pet peeve with coins is that this coin forum fails to have a number of hits feature. It would be nice to see how much traffic the various posts generate.
<< <i>Another one for me is damaged slabs or holograms. I realize I am buying the coin but presentation counts with me as well. >>
Agree. For some reason many dealers and more than a few collectors handle slabs in a rough and haphazard manner. Who wants to look at a coin through a scratched up, chipped slab?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The first few years I started collecting I would ask a dealer if he thought a coin had been worked on or was cleaned and the anwser that I got a lot was " I didn't do anything to it "
That there are not enough collectors for all the coins the U.S. Mint produces. Then the coins are sold with a premium attached, i.e., Kennedy Halves, Sacagawea Dollars and statehood quarters ., and who collects them ? I suspect a lot fewer people than the numbers of coins produced each year. If they were collectible, the prices would go up because availability would be low , limited or scarce. We have a flood of epidemic proportions coming from our government, which is ruining our hobby. Why don't politicians act on this ? It's coin related but it goes much deeper. (my pet peeve with coins )
So I want one coin from the mint but I have to buy a roll to get it.
<< <i>The fact that the money I use to buy coins with seems to have gotten scarcer than the coins I am buying! >>
I also agree that the Mint is ruining modern coin and bullion coin values by minting far more than the public is willing to buy. The last 3 years of endless bullion coins have pummeled the collectable value and has reduced the value to near spot for MS/PR69s. Unfortunately the Mint could care less about collectors, they are only after our money.
I don't have any pet peeves with coins in and of themselves. I do have pet peeves with coin collecting/collectors/dealers but that is another matter all together.
Well, maybe one issue is that they are heavy. A binder full of a few hundred coins is a weighty affair. Not like collecting something like stamps, for example.
What in my opinion is an over scrutiny of higher mint state grades, with miniscule differences in quality, that seem to manifest themselves into exponential differences in price.
I believe this to be the motivation for co(i)n artists to make lots of easy money from the uninformed. (i.e. too much focus on certified numerical grade, and not enough emphasis on overall coin eye appeal).
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
The abject lack of art on CLT. The incredible focus on the market instead of the coin. Stupid little differentiators like First Strike. FPG's. Cheers, RickO
<< <i>What in my opinion is an over scrutiny of higher mint state grades, with miniscule differences in quality, that seem to manifest themselves into exponential differences in price.
I believe this to be the motivation for co(i)n artists to make lots of easy money from the uninformed. (i.e. too much focus on certified numerical grade, and not enough emphasis on overall coin eye appeal). >>
I think the exponential value increase happens to ALL top pops. If the top pop is a MS63 pop 12 versus MS62 pop 1489, then it makes sense. The best ALWAYS costs more. The real question is whether it is worth it. I think to some yes and others no. I do say that when you've seen a "perfect" coin under a high powered stereo microscope it is an amazing thing to behold.
<< <i>I don't have any pet peeves with coins in and of themselves. I do have pet peeves with coin collecting/collectors/dealers but that is another matter all together.
Well, maybe one issue is that they are heavy. A binder full of a few hundred coins is a weighty affair. Not like collecting something like stamps, for example.
>>
Not even the weight bothers me.
There is one thing that gets me though; why in the hell are rare coins so much harder to find than common ones.
Collecting would be so much easier if you didn't have to put so much effort into finding rare coins.
1) The Kagin-Manley gold bar 'incident.' 2) The lawsuit where Kagin withheld a guy's coin for payment (earth to the two litigants, do you know that contracts exist?) 3) The incredible rudeness and attitude I encountered when trying to see a lot at Kagin's table at the last Long Beach show.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
<< <i>3) The incredible rudeness and attitude I encountered when trying to see a lot at Kagin's table at the last Long Beach show. >>
He may have been in a bad mood after the ANA membership rejected him for reelection as an ANA governor. In fact you could add his conduct as an ANA governor to your list.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
<< <i>Another one for me is damaged slabs or holograms. I realize I am buying the coin but presentation counts with me as well. >>
Agree. For some reason many dealers and more than a few collectors handle slabs in a rough and haphazard manner. Who wants to look at a coin through a scratched up, chipped slab?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Drunner
Why don't politicians act on this ? It's coin related but it goes much deeper.
(my pet peeve with coins
So I want one coin from the mint but I have to buy a roll to get it.
``https://ebay.us/m/KxolR5
<< <i>The fact that the money I use to buy coins with seems to have gotten scarcer than the coins I am buying! >>
I also agree that the Mint is ruining modern coin and bullion coin values by minting far more than the public is willing to buy. The last 3 years of endless bullion coins have pummeled the collectable value and has reduced the value to near spot for MS/PR69s. Unfortunately the Mint could care less about collectors, they are only after our money.
I believe this to be the motivation for co(i)n artists to make lots of easy money from the uninformed. (i.e. too much focus on certified numerical grade, and not enough emphasis on overall coin eye appeal).
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
The incredible focus on the market instead of the coin.
Stupid little differentiators like First Strike.
FPG's.
Cheers, RickO
<< <i>What in my opinion is an over scrutiny of higher mint state grades, with miniscule differences in quality, that seem to manifest themselves into exponential differences in price.
I believe this to be the motivation for co(i)n artists to make lots of easy money from the uninformed. (i.e. too much focus on certified numerical grade, and not enough emphasis on overall coin eye appeal). >>
I think the exponential value increase happens to ALL top pops. If the top pop is a MS63 pop 12 versus MS62 pop 1489, then it makes sense. The best ALWAYS costs more. The real question is whether it is worth it. I think to some yes and others no. I do say that when you've seen a "perfect" coin under a high powered stereo microscope it is an amazing thing to behold.
<< <i>I don't have any pet peeves with coins in and of themselves. I do have pet peeves with coin collecting/collectors/dealers but that is another matter all together.
Well, maybe one issue is that they are heavy. A binder full of a few hundred coins is a weighty affair. Not like collecting something like stamps, for example.
>>
Not even the weight bothers me.
There is one thing that gets me though; why in the hell are rare coins so much harder to find than common ones.
Collecting would be so much easier if you didn't have to put so much effort into finding rare coins.
Sellers that use the term "rare" for all there coins. I want to reply with the statement, "by rare you mean rarely/never found in change!"
1) The Kagin-Manley gold bar 'incident.'
2) The lawsuit where Kagin withheld a guy's coin for payment (earth to the two litigants, do you know that contracts exist?)
3) The incredible rudeness and attitude I encountered when trying to see a lot at Kagin's table at the last Long Beach show.
"Seu cabra da peste,
"Sou Mangueira......."
why dont more people just use clear SaFlips folded once over??
greg
www.brunkauctions.com
<< <i>3) The incredible rudeness and attitude I encountered when trying to see a lot at Kagin's table at the last Long Beach show. >>
He may have been in a bad mood after the ANA membership rejected him for reelection as an ANA governor. In fact you could add his conduct as an ANA governor to your list.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire