Options
Axioms of Numismatics that are no longer correct.
MGLICKER
Posts: 7,995 ✭✭✭
...or at least not as relevant as once believed.
0
Comments
Too many positive BST transactions with too many members to list.
Now it's "Before you crack, send to CAC"
Practice makes perfect & nobody is perfect. So, practice being nobody.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
<< <i>Dealers are proficient graders. Once largely true, because their livelihoods depended on this skill. Today, many dealers just push slabs. >>
Not sure what is worse, pushing slabs, or telling us the slabs are wrong and we should pay according to what THEY think the grade is.
<< <i>Dealers are proficient graders. Once largely true, because their livelihoods depended on this skill. Today, many dealers just push slabs. >>
That can also be said for the opposite -
Collectors are no longer proficient graders because now they just collect slabs.
Not 100% true, but definitely applicable in either instance.
<< <i>"Coins may be cleaned by gently rubbing with a pencil eraser." >>
An ink eraser always gave a more vibrant appearace!
Ahhhhhhh, those were the days
<< <i>Dealers are proficient graders. Once largely true, because their livelihoods depended on this skill. Today, many dealers just push slabs. >>
I disagree. If you can't grade you won't last long in the business if you can't sort through the "A," "B" and "C" coins. I've known a couple of beginning dealers who tried to survive on slab grades only. They did not last long.
<< <i>The customers want clean shiny coins. Always dip in Jewel Luster, rub baking soda over the coin's surfaces to neutralize the cleaner, then hold the coin under running water.
Ahhhhhhh, those were the days
In terms of raw numbers, I believe the vast majority of collectors still do want white coins. There is a very high concentration of folks who likely original coins on this forum who I think skew the perspective of those who congregate here.
That being said, most who like "original" material are also pretty picky, and often incorrect, when it comes to identifying an "original" coin.
I think we have all suspected that wasn't the case. Except for a relative handful of folks, like Louis Eliasberg, bringing complete sets to auction often sets it up as a fire sale bargain event for buyers.
<< <i>A complete and matched set is worth more than the aggregation of the individual coins.
I think we have all suspected that wasn't the case. Except for a relative handful of folks, like Louis Eliasberg, bringing complete sets to auction often sets it up as a fire sale bargain event for buyers. >>
It's true if it's a finest known pop top quality set....or even a finest available monster XF/AU circ set. Anything else and I'd probably agree. If you find the coins that everyone else is looking for over a 10-20 year period, then there should be a premium for the total set (ie TDN's seated dollar set).
Holders, acronyms, stickers, etc. pretty much define the value of approx 90% of market coins these days. Ok, if you collect gem bust halves for example this might only apply to approx 65% of them.
Buy the book first.
While it will give you some knowledge. It will not by itself protect from numerous pit falls in the market, especially grading nuances and coins that are not 100% problem-free.
<< <i>
<< <i>The customers want clean shiny coins. Always dip in Jewel Luster, rub baking soda over the coin's surfaces to neutralize the cleaner, then hold the coin under running water.
Ahhhhhhh, those were the days
In terms of raw numbers, I believe the vast majority of collectors still do want white coins. There is a very high concentration of folks who likely original coins on this forum who I think skew the perspective of those who congregate here.
That being said, most who like "original" material are also pretty picky, and often incorrect, when it comes to identifying an "original" coin. >>