1958 halves

Baley · April 2, 2012 6:32AM

Breen-6445, BD-1

Prices include registered delivery and are negotiable, particularly for more than one coin, offers welcome

1. 1855 $10 NGC XF 45 $1200
2. 1885-S $10 PCGS MS61 Secure $1350
3. 1867 $20 NGC XF40 $2000
4. 1903 $20 $2000
5. 1909-S $20 $2000
6. 1906-S $20 $2000

<< My guess of $8,510,000 wasn't that far off after all great coin!!! >>

That was a great guess and I almost commented on it. If you add the juice to it, it is infintesimally below $10M and that would have been the biggest mistake bid in my numismatic career.

<< TDN - Congrats! Just one question, though. If someone had guessed 8.525, would you have tweaked your bid to avoid losing the 10 ounces of silver? >>

lol - heck no!

I had this bid in mind for months. I kept repeating it to Laura. "do NOT forget the extra $25k!!!"
With regard to the buyers fee - it was irrelevant. If there had been no buyers fee, the bid would have been $10M. If there had been a 100% buyers fee, the bid would have been $5M.

The only thing wrong with the stupid 17.5% is it's too hard to figure on the fly - I hope they hurry up and go to 20%

While it is easy for you in 20/20 hindsight to claim that I knew in advance the final bid would be an odd increment, that is simply untrue. All the information I had at the time was that it was going to $10M HAMMER - or higher. We had a max bid of $13M even and I laid a 1/3 chance of being outbid at the time. Yes, as it turns out there was no advance on the nuclear bid - but that was far from a sure thing.

I can't count the number of times I have seen in auction where a dealer observes WHO is bidding and decides to stretch an increment or two. Or to be even more serious about the coin. We decided to head all that off at the pass. Did we pay too much? Perhaps an increment. But it was worth $500k to be the first to $10M. It truly was.

fail

fail2

vNo, it's not 'coin' or 'coin collecting' related, but it is money related. So I'll take the heat if even one person
PMs me that they benefitted from the info.

Some time ago, I posted a link for people (no matter who you are, where you live, what you do or did for a living)
to find unclaimed property they may be entitled to. I believe it was unclaimedassets.com. I used it to get a $500
paycheck from a past employer from over 10 years ago. Well, I've got a list of other sites that do the same thing
but for various other benefits available. These are sites not links (except #4) so they will require the http://www
preface, and most will work for deceased relatives as well.

ALL ARE FREE!

1) missingmoney.com
-safe deposit boxes, stocks/bonds, CDs, escrow accts, trust funds
2)unclaimed.org/what/
3)pbgc.gov/search
-unclaimed pension benefits
4)https://insurance.va.gov
-unclaimed insurance funds
5)raytyemedicalaidfoundation.org/contact-us/medical-aid-request/
-private foundation for help with medical bills
6)hud.gov/offices/hsg/comp/refunds/
-if you've ever had a FHA insured mortgage, you may be due a refund
7)fdncenter.org
-96,000 funding sources/1.5+ million grant sources
8)govbenefits.gov
-1000's of grant/benefit programs
9)grants.gov
-federal agencies offering grants
10)unclaimedassets.com
-property in whatever form you are due

I hope everyone finds something of use with one or more of these sites!

And one last thing. This
is a link for those of you that may be interested in and can take advantage of the info contained. Just listen to the
video and a info page will automatically follow. I have no affiliation what-so-ever with it...just thought others may benefit.

>>

i]the reality that things just aren't right

Well, that's nothing new on the planet. When have things been right for everyone? I get that people have their interests in identifying what's wrong in their world view and trying to fix it, whether it be with business or government or science or law or services or entertainment or building or agriculture or whatever field

<< <i> To be esteemed, be useful. Mind your business. Liberty is the parent of Science and Industry >>

one could add: Take Puposeful Action.

What has a person been doing with their time and energy has been working to improve their situation? There's a net-worth calculator to find asset percentiles vs. the 2010 census in an earlier post, and I'd wager that most people reading this A. have a positive number, and B. most are above the median (50th percentile, and C. most have a higher number on both assets and percentile than they did a decade ago, and they should feel good about that (after all, they can afford to take an interest in pieces of precious metal, so they're not starving, which, incidentally, worldwide the number of people starving to death every year has been halved in the same decade, but comparison with the rest of the world is another story and should make all Americans (~6% of the world's population) feel pretty content if they really thought about it. Instead, folks tend to have a rosy view of some past idyllic time, or some notion how "things should be") Anyway, if an individual's numbers have gone down, it's very difficult to pin putative single causes like "the Government" or "The FED" or "Currupt Bankers" on their problems, usually the causes of an individual's situation are specific and many.

That, combined with the presumed eventuality that the dollar will eventually be dethroned as the de facto international currency because of international dissatisfaction with that state of affairs (whether warranted or not), has me making my own financial decisions with an eye on bad times ahead.

Yup save and diversify. Always the best course.

My belief is that the "bad times ahead" will be no worse than any other times we have faced and someone with a diversified portfolio who focuses on logic and rationale will fair much better than someone who is adamant on a particular asset class and makes investment decisions based on fear and misconception borne of conspiracy and manipulation theory.

The world is not going to end and the US dollar will not be dethroned by any other country for at least several generations. There simply is no competitor.

Some view the information I present as hogwash just as I view that presented by others. Thats what makes a healthy debate. A debate that can be made even more healthy via supporting data and research rather than hyperbole, rhetoric and funny cartoons.

I own real estate. I own equities. I own precious metals. I am not afraid of the future. I used to be and i've learned from the mistakes that caused. I even relocated my family to take advantage of demographics and better the opportunities for my children.

The US economy will have another (many) severe recession. It will undergo periods of deflation and inflation. This is nothing new and we have all lived through these events. Show your kids the best course of action is to gain knowledge rather than live in fear. To take risk and accept failure. To enjoy our brief existance.

I use technical analysis to filter the noise and emotion that we are bombarded with everyday and interestingly enough those charts can show the cumulative effects of these emotions. Knowledge of investor psychology can be a much greater tool than knowledge of fundamentals. Most people dont know how to use charts effectively and correctly and thus them as voodoo. Ive tried to show otherwise and for those with an open mind I believe somewhat effective. Surely mistakes can be made, just as a skilled surgeon can cut an artery or Kobe can miss a free throw, but to have an investing toolbox without this tool means many jobs cannot be accomplished or done correctly.

For the last 5 years ive been a big believer that the US dollar would strengthen and commodities would suffer. I didnt not buy into the inflation scenario because simple money printing does not increase money velocity and ive thought that the best way to cure high prices is high prices. If we cannot afford something we will will not buy it and prices will either stagnate or drop. And for the most part thats exactly what we'e gotten. However, in the last few months we have seen wages rising--Seattle, California, Walmart, Target, ect. We are now giving people the ability to afford those higher prices, so the likely result is now going to be higher prices. Also many, many commodities, especially consumer commodities are at multi decade lows. I dont see them going lower. Yes, eventually that QE money will enter the global economies.

The USA is not Weimar, it is not Argentina, it is not Zimbabwe. It is however a society built on principle, innovation, risk, "sound governance" and a unique geographic presence. Talk of its demise is highly exaggerated and IMO, foolhardy. Surely we have "problems" but we have always conquered them and we will in the future. There will be wars, there will be famines, there will be natural disasters. Some things no matter how hard we try can never be fully prepared for. But one thing we can do, that is almost always useful in crises, is to build our knowledge. There is a reason why they say knowledge is power. And I believe it is actually more powerful than most realize and can be a tremendous weakness for those that dont. The greatest asset we have is our children. Treat them that way. Show them the power of knowledge. They will survive.

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You were warned....

And Sunnywood's progression mapping ...