What should I tell my nephew?
AnkurJ
Posts: 11,375 ✭✭✭✭
When he was 5, I gave him a Lance Armstrong American Heroes Silver American Eagle with the slab label signed by Lance. My nephew has been a good athlete and has loved sports since he was 4, so in an attempt to get him interested in coins, I gave him one of these for his birthday.
Today he showed me the coin, and asked me if it was worth anything after Lance was "caught doing drugs". I told him the coin was still worth something...but I wasn't sure what else to say. What would you say?
I want to replace the coin for him, any suggestions of another American Hero Silver Eagle?
Today he showed me the coin, and asked me if it was worth anything after Lance was "caught doing drugs". I told him the coin was still worth something...but I wasn't sure what else to say. What would you say?
I want to replace the coin for him, any suggestions of another American Hero Silver Eagle?
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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Comments
Get him one of those.
Member, Society of Silver Dollar Collectors.
Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
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PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Hoard the keys.
I don't believe in idolizing sports stars, politicians, entertainment (movie/TV) stars, music idols, etc. I may admire their talent, but they are human as well and I don't believe in inflating their values as humans (I would rather a doctor/teacher make the money than a football athlete who really doesn't contribute much to society other than fleeting entertainment)
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Actually I just thought of something...isnt there a new baseball commem coming out soon? >>
Yes, and I LOVE the silver design better than the gold. But then you have the PED scandal, with the highest paid athlete trying to get spanked by MLB like Mr. Armstrong did by the International Cycling whatever-it-is, so, baseball might not be such a great idea....baseball is WAY more popular than cycling, and I'd guess A-Rod is a MUCH bigger household name than Mr. Armstrong EVER was, and no doubt your nephew has heard Mr. A-Rod is facing basically the same penalty as Mr. Armstrong...lifetime ban, forfeiting the $100 mil left on his contract..though A-Rod won't have to surrender his 'ring', the way Armstrong had to surrender his gaggle of 'winner's' medals. Armstrong's yellow shirts mean nothing now, but might be good to wash and wax his car with, though. Wonder how much Armstrong's biles would fetch at auction? I, personally, got Roger Clemens' locker room name tag, autographed, authenticated, for a B-day present (that was bought, and sold to my pops, by the same guy who bought the infamous Hernandez jail-letter for $18 grand and change, last week. I know my autographed locker tag (COA by PSA...lol) WAS worth in the low 4 numbers, but now, maybe the decimal point needs to be moved a few places to the left by now, as he's known as 'just another juice head', now.
Perhaps the Military Heroes, as Nickcap stated would be the way to go.
<< <i>Didn't the mint come out with army or marine heroes on silver?
Get him one of those. >>
This, I would stay away from any coin that centers around athletes as drugs are an everyday part of those worlds.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I would get him something that reinforces the investment potential of coins. Perhaps something he can sell on a rainy day, like bullion or a rare-er die variety. I might shy away from something like commems which can rise/fall in value based on their popularity at the time.
Amat Colligendo Focum
Top 10 • FOR SALE
Who knows that stuff just might be the norm in 50 years
Steve
Amat Colligendo Focum
Top 10 • FOR SALE
Perhaps pair it with a Jessica Lynch American Heroes Silver American Eagle. Maybe not.
Eric
Roman silver denarius coin of Antoninus Pius - $50
Roman silver denarius coin of Caligula - $15,000
Notoriety sells.
The Mysterious Egyptian Magic Coin
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I don't know if those "accomplishments" are comparable, but I see Antoninus Pius is also remembered for lowering the silver content of the denarius!
Eric
As for the monetary value - IMO the fog of time will help its value. It is still is an autograph, it is still a certified piece of American history.
<< <i>When he was 5, I gave him a Lance Armstrong American Heroes Silver American Eagle ........ >>
I never considered athletes to be heroes.
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
<< <i>Some athletes became heroes - particularly doing military duty (i.e. Pat Tillman), but for the most part, neither athletes, nor are, particularly, entertainers, (musicians, movie stars etc) heroes...... it is ludicrous the idolatry wasted on these people...Cheers, RickO >>
True heroes are the police, firefighters, soldiers, etc are the true heroes. Entertainers that go into combat zones to entertain the troops are heroes. Private citizens that stop to pull people to safety from burning car wrecks are heroes. Overpaid juiced-up prima donnas are not heroes.
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
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Tell him to keep the coin and use it as a reminder that we are all human, we all make mistakes, and it is how we recover from those mistakes that determines the kind of man/woman that we truly are.
As for the monetary value - IMO the fog of time will help its value. It is still is an autograph, it is still a certified piece of American history. >>
Good answer.
Coin Rarities Online
<< <i>I never called them "heroes", CU did. >>
I never said that you called them heroes.
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
``https://ebay.us/m/KxolR5
<< <i>well said Perry >>
+1
Best wishes,
Eric
<< <i>When he was 5, I gave him a Lance Armstrong American Heroes Silver American Eagle with the slab label signed by Lance. My nephew has been a good athlete and has loved sports since he was 4, so in an attempt to get him interested in coins, I gave him one of these for his birthday.
Today he showed me the coin, and asked me if it was worth anything after Lance was "caught doing drugs". I told him the coin was still worth something...but I wasn't sure what else to say. What would you say?
I want to replace the coin for him, any suggestions of another American Hero Silver Eagle? >>
Don't know about another American Hero Silver Eagle, but I would think a Jackie Robinson commemorative would otherwise fit the bill for any little athlete.
+1
Some sports jocks are good role models...but not all....and like Perry said none are heros. I shouldn't say none. There is Tilman and Clemente that come to mind.
<< <i>Tell him all the professional cyclists use drugs... Lance was just on top and people like to knock off those on top... you make enemies when you're the best because haters gonna hate. >>
Your first statement is probable true but Lance destroyed peoples lives with his army of lawyers. That is a line that can never be crossed.
<< <i>
<< <i>Tell him all the professional cyclists use drugs... Lance was just on top and people like to knock off those on top... you make enemies when you're the best because haters gonna hate. >>
Your first statement is probable true but Lance destroyed peoples lives with his army of lawyers. That is a line that can never be crossed. >>
Actually the use of the word "all" probably means the statement in not true.
PEDs over the counter and all the ballplayers use them there. It's normal in the DR. Almost all (except two)
of the players were from the DR. All grew up with PEDs and did not necessarily know that this was frowned
upon. Once they made it to the big leagues they got the true info but failed to reverse their use of the drugs
for fear of losing their contracts and way to make a living.
Different parts of the world do things we would never do here in the USA.
Plus, let's see if he can get off them and make a great comeback (once he's banned).
bob
I would tell him to sell it at spot.
Then buy him a Jackie Robinson gold commemorative. He was a true hero.
Have him keep it as a reminder that integrity matters, celebrity doesnt.
If it is the thought behind the piece, I would tell him that we are all faced with challenges in our lives and he should use this as an opportunity to know what not to do in his own life. The "straight and narrow" is very narrow.
If it is about the monetary value, then I would tell him that it was meant to be inspirational and not an investment, and the good news is that Silver content of the item will assure it will always be worth something. But there area whole host of Moderns that started out more valuable than they are today, so this is not untypical.
Not sure what his current age is, but if he is affiliated with the Boy Scouts that may be a cool piece he would appreciate.
She never did drugs.
The Mysterious Egyptian Magic Coin
Coins in Movies
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Maybe an 1828 Half Cent will help him to eventually work the coin angle through:
Is there a medal, even private issue, of the Dream Team?
<< <i>I'd probably stick with coins that feature Miss Liberty. We've maybe let her down, but she is still there, waiting to be re-discovered. >>
I agree.
This incident is just one example of why I prefer allegorical figures that represent values on coins--like Liberty--over real humans. We all fall short, even the greatest of people.
Velocity, Not Valuation Defines A Bubble.
Tell him the good drugs lance took helped save his life, that is he beat cancer that went to his brain.
Tell him the not so good drugs, while illegally winning the race, also taught him a greater
lesson in life as well.....
Now you tell him the lesson in life Lance learned.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Now you tell him the lesson in life Lance learned. >>
Don't get caught?
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
<< <i>
<< <i>Now you tell him the lesson in life Lance learned. >>
Don't get caught?
Ever been busted for something? What did you learn ?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
``https://ebay.us/m/KxolR5