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WINGS
Has anyone used WINGS (World Identification and Numismatic Grading Service) before? Their website www.wingscoins.com
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DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
World Collection
British Collection
German States Collection
--Severian the Lame
I mean why do we need this?
More $ to spend on?
For me its more than enuff that our able hosts at PCGS (or NGC for that matter) grades and authenticates - if a coin has eye appeal or is under-graded lucky is the beholder....
Coin collecting used to be so much fun - it has become so much more commercialized ...
I wonder if that 1700 Crown in AU58 would merit a wing
Edited for spelling and a wink!
<< <i>another gimmick?
I mean why do we need this?
More $ to spend on?
For me its more than enuff that our able hosts at PCGS (or NGC for that matter) grades and authenticates - if a coin has eye appeal or is undergared lucky is the beholder....
Coin collecting used to be so much fun - it has become so much more commercialized ...
I wonder if that 1700 Crown in AU58 would merit a wing
Well said - I don't see the appeal.
I don't plan to use Wings or CAC to sticker any of my coins. How many sets of "experts" do we need to evaluate our coins? I kind of miss the days (1960's-1970's) when I could search BU rolls of post-1933 coins and select the coin I thought was the best. It required a close examination of the available coins, and judging them by their strike, luster, and severity or absence of marks. The best coins in the rolls usually sold for the same price as the worst. Today, it's hard to believe that was ever possible.
Jim
If you're interested in buying only one of two identical coins, one with a WINGS/CAC sticker and one without, and if the price is the same, which would you choose?
But it's self-fulfilling Gresham's law, too:
Now imagine you're the seller rather than the buyer of the coin.
If your buyer has the choice between two virtually identical coins, one with a WINGS/CAC sticker and one without, and if the price is the same, which do you think he's going to choose? Even if there isn't a guarantee the stickered coin will sell at a premium, it's a safe bet that it will sell before the unstickered specimen.
In the case of my 20 Peso, I had the choice between three coins, all the same price, all good quality pieces. One had the WINGS sticker. You know which one I picked. And I had no idea what WINGS was at the time.
--Severian the Lame
As for the 1700 Crown- lets take this in a different direction that might make some sense. I just had the privilege of seeing Lincoln- the film by Spielberg starring Daniel Day Lewis as Lincoln and others that I should mention but will be omitted in the interest of time. It is an excellent film with a challenge- 1865 needs to be re-created and as much as they try to re-create that time, it is done through what we now know and accept in 2012 based on historical records. So basically, in part it becomes a 2012 look back at 1865.
The same problem and challenge can be said about coins in terms of how they are minted, limitations as to technology as to die prep, issues with alloys and quality that was accepted in the day. We need to look at those issues as well as how coins were stored over the years. My point is simple, one can not look at a coin minted over 300 years ago in the same light in contrast to a coin that was minted 50-75 years ago. It seems that there is a difference that really borders on the unabitiy to apply history and what was accepted in the day to how we evaluate coins today.
Now will WINGS help with that? I suspect they need to give the challenge the most serious consideration- otherwise they need to re-evaluate what value they really add.
Again, I have attempted to be clear and to the point- and it is not easy
Experience the World through Numismatics...it's more than you can imagine.
Edit- No, wait- that's just my knee-jerk reaction.
Never mind. More power to 'em, if folks want their service. I just never understood that whole "pay somebody to put a sticker on your slab" thing.