Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
Gold and silver are valuable but wisdom is priceless.
@Coinsponge said:
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
Every single person I know that bought into the hype is buried in their purchases. Many so badly that they stopped collecting altogether.
@Mark said:
Years and years ago Mr. Tomaska started a thread here about auctions he was going to conduct. (I don't believe he actually conducted any, however.) It was remarkable how quickly the thread went south, with a lot of discussion of the spread between his buy prices and his sell prices. I don't believe he has posted here since.
When you try to sell a gold piece for almost $20K and a quick internet search shows that it is available at just over $13K....it's gonna ruffle some feathers.
@Elcontador said:
It's not just Tomaska. There are plenty of people who operate on this model, and we should all know who they are. If you want to pay a fortune for a coin and be buried in it, that's your business. Personally, in this market, I won't stretch for anything unless I won't see another one like it for five years or longer.
Unless you're playing in TDN's part of the pool, if you don't see it today, you'll see it soon enough.
@robec said:
I followed it for a few days on his site until it disappeared from the listing. Having bought from him before it's possible he may have given a 10-15% discount.
That doesn't mean he sold it for anywhere $8,000. Many dealers ask very strong prices for coins, and when they get no takers, they quietly sell them to a wholesaler. Happens all of the time. For example, a number of years ago, one dealer had a No Motto and With Motto Seated Dollar in PC 4 holders. Nice coins, but both were between $3K and $4K overpriced. They remained on the site for the better part of a year, and then one day, just weren't there any longer.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
Someone commented above re someone buying a coin to hold it for a long time and implied such buyer will make money if he holds the coin long enough. Simply not true. Depends on the coin.
If you bought attractive pre 1835 material in MS 64 or better twenty years ago, yes, you will make money on it. Ditto re most attractive Seated Type in MS 65 or better.
But today, you'll be on the short end if you bought business strike Barber coinage in almost any grade twenty years ago. Ditto with MS 65 3 Cent Silver. An 1883 No Cent Nickel in PC 6 (that was a $1,000 coin in the late 90s, you can pick up a really nice one to day for $300).
If you really want to go long term, how about that 50 D Nickel, that BU Gem you bought in 1965? You'd still be underwater on that one.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
@Coinsponge said:
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
Every single person I know that bought into the hype is buried in their purchases. Many so badly that they stopped collecting altogether.
I bought a 1956 type 1 Frankie in PF68 for around 550 from him. Check on ebay has them selling in the 600-700 range. Nothing to crow about but not exactly buried either.
Gold and silver are valuable but wisdom is priceless.
Rick is a major league dealer / heavy hitter who cultivates the right retail clients. The fantastic Cameo Franklins of that era can be very tough to find and in my view represent a very undervalued part of market. I believe his buyers are smart people who sense an opportunity and know real investment potential when they see it.
@robec said:
I followed it for a few days on his site until it disappeared from the listing. Having bought from him before it's possible he may have given a 10-15% discount.
That doesn't mean he sold it for anywhere $8,000. Many dealers ask very strong prices for coins, and when they get no takers, they quietly sell them to a wholesaler. Happens all of the time. For example, a number of years ago, one dealer had a No Motto and With Motto Seated Dollar in PC 4 holders. Nice coins, but both were between $3K and $4K overpriced. They remained on the site for the better part of a year, and then one day, just weren't there any longer.
In other words...if he couldn't find a sucker he'll come down to reality? . I don't have the balls to sell any coins that I wouldn't buy back for 10% less of what I sold the coin for IF the market remained same.
@Coinsponge said:
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
For what it's worth, I met him at a show in St. Louis sometime in the mid-to-late 1980s when he was just beginning to promote these types of coins, and he was touting upper end Frankies and Kennedys as coins with a rising future then as well.
Q: Are You Printing Money? Bernanke: Not Literally
@DoubleEagle59 said:
I think there should be a separate "Julian' forum where we can post all the graded coins that the various companies have grossly under graded.
Properly graded but grossly overpriced would be more appropriate.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@robec said:
I followed it for a few days on his site until it disappeared from the listing. Having bought from him before it's possible he may have given a 10-15% discount.
That doesn't mean he sold it for anywhere $8,000. Many dealers ask very strong prices for coins, and when they get no takers, they quietly sell them to a wholesaler. Happens all of the time. For example, a number of years ago, one dealer had a No Motto and With Motto Seated Dollar in PC 4 holders. Nice coins, but both were between $3K and $4K overpriced. They remained on the site for the better part of a year, and then one day, just weren't there any longer.
In other words...if he couldn't find a sucker he'll come down to reality? . I don't have the balls to sell any coins that I wouldn't buy back for 10% less of what I sold the coin for IF the market remained same.
You would starve as a coin dealer. I'm not saying that 200-300% markups are the norm, but most dealers aren't working on a 10% markup either.
@robec said:
I followed it for a few days on his site until it disappeared from the listing. Having bought from him before it's possible he may have given a 10-15% discount.
That doesn't mean he sold it for anywhere $8,000. Many dealers ask very strong prices for coins, and when they get no takers, they quietly sell them to a wholesaler. Happens all of the time. For example, a number of years ago, one dealer had a No Motto and With Motto Seated Dollar in PC 4 holders. Nice coins, but both were between $3K and $4K overpriced. They remained on the site for the better part of a year, and then one day, just weren't there any longer.
In other words...if he couldn't find a sucker he'll come down to reality? . I don't have the balls to sell any coins that I wouldn't buy back for 10% less of what I sold the coin for IF the market remained same.
You would starve as a coin dealer. I'm not saying that 200-300% markups are the norm, but most dealers aren't working on a 10% markup either.
I would be very happy If I can avg. 10% profit selling TPG coins.
@Cougar1978 said:
Rick is a major league dealer / heavy hitter who cultivates the right retail clients. The fantastic Cameo Franklins of that era can be very tough to find and in my view represent a very undervalued part of market. I believe his buyers are smart people who sense an opportunity and know real investment potential when they see it.
Really??. How smart can they be if they can walk down the next aisle and buy the same TPG coins for 70% less.
Every single person I know that bought into the hype is buried in their purchases. Many so badly that they stopped collecting altogether.
Yes, and this thread is exploding with these people and their examples. (((sarcasm))) If Mr. Tomaska is like this thread describes, why is there not one single person here to share how they got raped by him?
I want to hear the story how Mr. Tomaska buried them so deep into a single coin. There must be at least hundreds of them.
The man is a true showman. He just gave a presentation on 'The Everest Hall of Fame Collection'.
Six mid 5-figure mostly Proof DCAM and CAM coins that are among the finest known....1857 PF 65 Flying Eagle cent, 1881 PF Trade Dollar, 1942 P War Nickel, 1875 PF Twenty Cent piece & a PF Seated Half Dime and PF Seated Half Dollar.
This is why I really enjoy watching his show.
He was selling them for the family of a client who had passed away.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
I bought a copy of his 1991 book recently to replace a prior copy that i had lost. His book assisted me in choosing to play in that area of the hobby, by searching for the subject coins, raw in OGP and aftetmarket sets. A fun way to collect on a modest budget.
I've known Rick since high school. We were president and VP of the coin club (back when high schools actually had such things...), and played golf on weekends. He's a nice guy, and as we can see, a great marketer. He's always carried a lot of overhead: a while ago with back-cover ads on CoinAge and other publications, and now with the TV show. So not all of the high prices go straight into his pocket.
The man is a true showman. He just gave a presentation on 'The Everest Hall of Fame Collection'.
Six mid 5-figure mostly Proof DCAM and CAM coins that are among the finest known....1857 PF 65 Flying Eagle cent, 1881 PF Trade Dollar, 1942 P War Nickel, 1875 PF Twenty Cent piece & a PF Seated Half Dime and PF Seated Half Dollar.
This is why I really enjoy watching his show.
He was selling them for the family of a client who had passed away.
Those I would consider bread and better classic type coins. Much different that post 1940 CAMS/DCAMS.
If I happened to be someone who got offered a fraction of what I paid for a coin purchased, I wouldn't make it a point to come on the Forum and prove to everyone what an idiot I was. For every hundred people that get smoked by any particular dealer, you're lucky if even 1 or 2 would come forward. Even the worst Ebay dealer shysters have Feedback ratings up in the 95-98% range. It doesn't mean that 95% or more of what they sold were "fair" deals.
@ChangeInHistory said:
He knows his moderns, cameos, dcam's, and so forth. He loses a lot of credibility with his coin show however. The other night he was offering 1899, 1900 1907 and 1908 ms 65 RD indian cents for the 'bargain' price of $850, 900, when they sell for 525, 550 at auction.
Meh. I've seen some of his overpriced stuff and it's a bit irritating. For example:
There is absolutely NOTHING special about the coin in the link below except for two things: The Price and the sellers name. Other than that, the coin was very lucky to get an MS67 with those two deep gouges in front of IKEs eyes and below his jowls. The reverse is kinda honked up as well with a serious scrape on the rim at 12:00. At best, an average strike.
Yet, it's price about $365 more than price guide and about $400 more than it would actually be.
Yes, he has some nice coins but he also has some not so nice stuff at some fairly steep if not plain silly prices.
Oh yeah, he's got some books.
In the sake of fairness, I need to add that "I" would NEVER pay the prices that he asks for his coins since the "premiums" on those prices will NEVER be recovered unless he guarantee's to buy back his merchandise at the exact same value.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
I have watched and enjoyed his Coin show- will say they were doing a presentation on Sacagawea coins and made a mistake in the presentation, I wrote them about the mistake- and they did change the presentation, and while expected that to be the end of it- They sent me a 2017 MS70, first day of issue, PCSG American Silver Eagle as a thank you, for free!~.. did not need to do that. That did impress me
@Coinsponge said:
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
Every single person I know that bought into the hype is buried in their purchases. Many so badly that they stopped collecting altogether.
I bought a 1956 type 1 Frankie in PF68 for around 550 from him. Check on ebay has them selling in the 600-700 range. Nothing to crow about but not exactly buried either.
That is an anomaly due to the fact that 3 or 4 years ago the Ty1 variety absolutely EXPLODED in popularity and resultant price appreciation. It is one of only 2 Franklins that have turned out to be a good investment in the last 30 years, the other one being 1963 FBL examples.
Has anyone here mentioned how the pics of every proof coin he sells look like frosty dcams? I highly doubt many are black and white cameos as he shows them.
Successful Buying and Selling transactions with:
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Say what you will but….
As a collector in the early 90’s, I went to a local coin show. I was rummaging through a dealers “junk” box and came across a 1962 Proof Franklin (@ $2.00) with a curious finish. This proof was not mirrored like any proofs I had seen. It was frosted! I was hooked. I scoured local dealers and went to NYC coin shows to find my query. Every vacation, I sought out local dealers to find these frosted proofs. What was amazing was that no one charged a premium for these beauties. Some dealer at a local show said if I really liked these coins, I should connect with Rick as he was working with the grading services to get a special “Cameo” designation for these frosted proofs. I was dumbfounded. Someone had a professional appreciation for these unique coins. I contacted Rick and spoke with him several times. This was before he published his first Franklin book. He encouraged me both privately and as a customer. Back then, before the grading services recognized “Cameo”, I joined his allotment service and for a fixed amount every month, Rick would send you slabbed proofs that he considered cameo. I belonged for about a year but then his book was published and cameos became rocket fuel. My paltry monthly sum could no longer afford even a 1962 proof cam so I dropped out. However, in the few years before the great cameo boom, I picked up some real nice cameos at mirror prices and completed a proof Cam-DC set of Franklin’s, Washington’s, and many rarer minor proofs. Today, I could not touch Rick’s stuff but I am sincerely grateful for his encouragement and candid advice. By the way, when PCGS began the cameo designation, I had all of Rick’s pieces re-slabbed. Ever cameo proof Rick sold me was graded by PCGS as either Cam or DC and a few got a grade increase. Thanks Rick!
I've never bought from him but I wish I would have bought the cameo Walker he had for sell in 2008ish
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Hey I don't think anybody is all evil/bad or completely good. So he has his good sides, ignore the negative bits and sidestep (if you have any sense) his "retail" prices!
Love that Milled British (1830-1960) Well, just Love coins, period.
People just need to know their series, do their research (prices/grade/rarity/availability), and then decide, if it's a coin that they can or can't live without.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@Justacommeman said:
I've never bought from him but I wish I would have bought the cameo Walker he had for sell in 2008ish
mark
What date/grade? I wish I hadn't missed on the couple that I did either. The prices on these have come up since then even though the population has increased (by one coin). If I recall correctly, the price guide value was around $9k for a 1942 PF66 cameo in PCGS plastic. The last one to sell at Legend sold for around $13k if I remember correctly. There isn't much differene between the three dates with known designated examples.
it is no doubt that R&I prices are high, but much of what is added to this thread is pure speculation. unless you can provide evidence of sales taking place or "clients" being buried it isn't very helpful to post things as fact.
didn't that get discussed in another thread??? posting speculation as fact only in-flames opinions.
OK. Here is one for ya Keets. The Registry player LOR has the #1 set of mint state Franklins. He actually got started in Franklins in the 1990s by buying hi-grade Cameos from R&I. Some years later he decided try to sell and naturally contacted rick, as rick was always "claiming" to be a strong buyer of the material. Well didn't even receive lowball offers on his coins, but was told "not buying at this time".
LOR was so soured by the experience that he dropped out of coin-collecting for many years.
If you look at LORs Registry Set you will see a comment from Tomaska to the effect of "Glad we could help build your set!" which is complete bullcrap because NONE of the coins in LORs set were purchased from Rick. Pretty sleezy to use LORs set for a false advertisement wouldn't you say?
I watch his show for entertainment and information. He knows his stuff, but as always, buying from TV can be an expensive way to obtain material. All in all, I'd say it's a good show and worth watching.
@Justacommeman said:
I've never bought from him but I wish I would have bought the cameo Walker he had for sell in 2008ish
mark
What date/grade? I wish I hadn't missed on the couple that I did either. The prices on these have come up since then even though the population has increased (by one coin). If I recall correctly, the price guide value was around $9k for a 1942 PF66 cameo in PCGS plastic. The last one to sell at Legend sold for around $13k if I remember correctly. There isn't much differene between the three dates with known designated examples.
It was one of the 38's or 42's. Pretty sure it was a 38.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@keets said:
it is no doubt that R&I prices are high, but much of what is added to this thread is pure speculation. unless you can provide evidence of sales taking place or "clients" being buried it isn't very helpful to post things as fact.
didn't that get discussed in another thread??? posting speculation as fact only in-flames opinions.
Comments
Everest; ice and snow on top, you need oxygen to breathe, occasionally hit with earthquakes. Similarities to coins?
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
Yes, and many die and are buried up there much like those who overpay and are 'buried' in their coins.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Maybe that's why some say they will never sell their coins because they are afraid to face how deep they really are.
Coinsponge Posts: 3,907 ✭✭✭
"April 21, 2017 12:25PM I think he views his clients as long term holders, not quick flippers. "
Guess so, no quick flip in those prices. Soak up the syrup with those prices.
Every single person I know that bought into the hype is buried in their purchases. Many so badly that they stopped collecting altogether.
it always will.
That
My YouTube Channel
That doesn't mean he sold it for anywhere $8,000. Many dealers ask very strong prices for coins, and when they get no takers, they quietly sell them to a wholesaler. Happens all of the time. For example, a number of years ago, one dealer had a No Motto and With Motto Seated Dollar in PC 4 holders. Nice coins, but both were between $3K and $4K overpriced. They remained on the site for the better part of a year, and then one day, just weren't there any longer.
"Seu cabra da peste,
"Sou Mangueira......."
Someone commented above re someone buying a coin to hold it for a long time and implied such buyer will make money if he holds the coin long enough. Simply not true. Depends on the coin.
If you bought attractive pre 1835 material in MS 64 or better twenty years ago, yes, you will make money on it. Ditto re most attractive Seated Type in MS 65 or better.
But today, you'll be on the short end if you bought business strike Barber coinage in almost any grade twenty years ago. Ditto with MS 65 3 Cent Silver. An 1883 No Cent Nickel in PC 6 (that was a $1,000 coin in the late 90s, you can pick up a really nice one to day for $300).
If you really want to go long term, how about that 50 D Nickel, that BU Gem you bought in 1965? You'd still be underwater on that one.
"Seu cabra da peste,
"Sou Mangueira......."
I think there should be a separate "Julian' forum where we can post all the graded coins that the various companies have grossly under graded.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
The real point here is to be a knowledgeable buyer.
I bought a 1956 type 1 Frankie in PF68 for around 550 from him. Check on ebay has them selling in the 600-700 range. Nothing to crow about but not exactly buried either.
Rick is a major league dealer / heavy hitter who cultivates the right retail clients. The fantastic Cameo Franklins of that era can be very tough to find and in my view represent a very undervalued part of market. I believe his buyers are smart people who sense an opportunity and know real investment potential when they see it.
In other words...if he couldn't find a sucker he'll come down to reality? . I don't have the balls to sell any coins that I wouldn't buy back for 10% less of what I sold the coin for IF the market remained same.
@Coinsponge said:
Mr Tomaska does sell the sizzle but I think he makes a point about how the upper end Frankies and Kennedys are coins with a rising future. I think he views his clients as long term holders, not quick flippers. You still have to check on his offerings to make sure they are reasonably priced.
For what it's worth, I met him at a show in St. Louis sometime in the mid-to-late 1980s when he was just beginning to promote these types of coins, and he was touting upper end Frankies and Kennedys as coins with a rising future then as well.
I knew it would happen.
Properly graded but grossly overpriced would be more appropriate.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
You would starve as a coin dealer. I'm not saying that 200-300% markups are the norm, but most dealers aren't working on a 10% markup either.
I would be very happy If I can avg. 10% profit selling TPG coins.
Really??. How smart can they be if they can walk down the next aisle and buy the same TPG coins for 70% less.
Not every human being will live to 300 yrs old.
Everest Coins! An investment for the ages.... (since it will take that long for you to see a profit)
Yes, and this thread is exploding with these people and their examples. (((sarcasm))) If Mr. Tomaska is like this thread describes, why is there not one single person here to share how they got raped by him?
I want to hear the story how Mr. Tomaska buried them so deep into a single coin. There must be at least hundreds of them.
He's on right now....
The man is a true showman. He just gave a presentation on 'The Everest Hall of Fame Collection'.
Six mid 5-figure mostly Proof DCAM and CAM coins that are among the finest known....1857 PF 65 Flying Eagle cent, 1881 PF Trade Dollar, 1942 P War Nickel, 1875 PF Twenty Cent piece & a PF Seated Half Dime and PF Seated Half Dollar.
This is why I really enjoy watching his show.
He was selling them for the family of a client who had passed away.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I bought a copy of his 1991 book recently to replace a prior copy that i had lost. His book assisted me in choosing to play in that area of the hobby, by searching for the subject coins, raw in OGP and aftetmarket sets. A fun way to collect on a modest budget.
I've known Rick since high school. We were president and VP of the coin club (back when high schools actually had such things...), and played golf on weekends. He's a nice guy, and as we can see, a great marketer. He's always carried a lot of overhead: a while ago with back-cover ads on CoinAge and other publications, and now with the TV show. So not all of the high prices go straight into his pocket.
LRC Numismatics eBay listings:
http://stores.ebay.com/lrcnumismatics
So not all of the high prices go straight into his pocket.
This doesn't change what these coins are really worth.
He has never once chiseled me down on a coin I sold. I hope the suckers keep buying because, I sure like selling to him!
Those I would consider bread and better classic type coins. Much different that post 1940 CAMS/DCAMS.
If I happened to be someone who got offered a fraction of what I paid for a coin purchased, I wouldn't make it a point to come on the Forum and prove to everyone what an idiot I was. For every hundred people that get smoked by any particular dealer, you're lucky if even 1 or 2 would come forward. Even the worst Ebay dealer shysters have Feedback ratings up in the 95-98% range. It doesn't mean that 95% or more of what they sold were "fair" deals.
Meh. I've seen some of his overpriced stuff and it's a bit irritating. For example:
There is absolutely NOTHING special about the coin in the link below except for two things: The Price and the sellers name. Other than that, the coin was very lucky to get an MS67 with those two deep gouges in front of IKEs eyes and below his jowls. The reverse is kinda honked up as well with a serious scrape on the rim at 12:00. At best, an average strike.
ebay.com/itm/1971-S-SILVER-EISENHOWER-PCGS-MS-67-BLINDINGLY-WHITE-RARE-/252880274884
Yet, it's price about $365 more than price guide and about $400 more than it would actually be.
Yes, he has some nice coins but he also has some not so nice stuff at some fairly steep if not plain silly prices.
Oh yeah, he's got some books.
In the sake of fairness, I need to add that "I" would NEVER pay the prices that he asks for his coins since the "premiums" on those prices will NEVER be recovered unless he guarantee's to buy back his merchandise at the exact same value.
The name is LEE!
That Ike is fugly
Latin American Collection
What happened to his store R & I coins ? I use to see their ads in coin world all the time
I have watched and enjoyed his Coin show- will say they were doing a presentation on Sacagawea coins and made a mistake in the presentation, I wrote them about the mistake- and they did change the presentation, and while expected that to be the end of it- They sent me a 2017 MS70, first day of issue, PCSG American Silver Eagle as a thank you, for free!~.. did not need to do that. That did impress me
I agree with you. Is Rick even looking at the same coin? Here is an excerpt from his description:
"Flawless-to-the-naked-eye with zero haze, zero spots and practically ZERO bag marks! This Eisenhower screams eye-appeal with its pristine gem looks!"
That is an anomaly due to the fact that 3 or 4 years ago the Ty1 variety absolutely EXPLODED in popularity and resultant price appreciation. It is one of only 2 Franklins that have turned out to be a good investment in the last 30 years, the other one being 1963 FBL examples.
Has anyone here mentioned how the pics of every proof coin he sells look like frosty dcams? I highly doubt many are black and white cameos as he shows them.
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Say what you will but….
As a collector in the early 90’s, I went to a local coin show. I was rummaging through a dealers “junk” box and came across a 1962 Proof Franklin (@ $2.00) with a curious finish. This proof was not mirrored like any proofs I had seen. It was frosted! I was hooked. I scoured local dealers and went to NYC coin shows to find my query. Every vacation, I sought out local dealers to find these frosted proofs. What was amazing was that no one charged a premium for these beauties. Some dealer at a local show said if I really liked these coins, I should connect with Rick as he was working with the grading services to get a special “Cameo” designation for these frosted proofs. I was dumbfounded. Someone had a professional appreciation for these unique coins. I contacted Rick and spoke with him several times. This was before he published his first Franklin book. He encouraged me both privately and as a customer. Back then, before the grading services recognized “Cameo”, I joined his allotment service and for a fixed amount every month, Rick would send you slabbed proofs that he considered cameo. I belonged for about a year but then his book was published and cameos became rocket fuel. My paltry monthly sum could no longer afford even a 1962 proof cam so I dropped out. However, in the few years before the great cameo boom, I picked up some real nice cameos at mirror prices and completed a proof Cam-DC set of Franklin’s, Washington’s, and many rarer minor proofs. Today, I could not touch Rick’s stuff but I am sincerely grateful for his encouragement and candid advice. By the way, when PCGS began the cameo designation, I had all of Rick’s pieces re-slabbed. Ever cameo proof Rick sold me was graded by PCGS as either Cam or DC and a few got a grade increase. Thanks Rick!
I've never bought from him but I wish I would have bought the cameo Walker he had for sell in 2008ish
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Hey I don't think anybody is all evil/bad or completely good. So he has his good sides, ignore the negative bits and sidestep (if you have any sense) his "retail" prices!
Well, just Love coins, period.
People just need to know their series, do their research (prices/grade/rarity/availability), and then decide, if it's a coin that they can or can't live without.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Im gonna bet thats a canned description he uses on all Ikes. How many silver MS Ikes have haze. Usually thats an issue for proof coins.
What date/grade? I wish I hadn't missed on the couple that I did either. The prices on these have come up since then even though the population has increased (by one coin). If I recall correctly, the price guide value was around $9k for a 1942 PF66 cameo in PCGS plastic. The last one to sell at Legend sold for around $13k if I remember correctly. There isn't much differene between the three dates with known designated examples.
it is no doubt that R&I prices are high, but much of what is added to this thread is pure speculation. unless you can provide evidence of sales taking place or "clients" being buried it isn't very helpful to post things as fact.
didn't that get discussed in another thread??? posting speculation as fact only in-flames opinions.
OK. Here is one for ya Keets. The Registry player LOR has the #1 set of mint state Franklins. He actually got started in Franklins in the 1990s by buying hi-grade Cameos from R&I. Some years later he decided try to sell and naturally contacted rick, as rick was always "claiming" to be a strong buyer of the material. Well didn't even receive lowball offers on his coins, but was told "not buying at this time".
LOR was so soured by the experience that he dropped out of coin-collecting for many years.
If you look at LORs Registry Set you will see a comment from Tomaska to the effect of "Glad we could help build your set!" which is complete bullcrap because NONE of the coins in LORs set were purchased from Rick. Pretty sleezy to use LORs set for a false advertisement wouldn't you say?
A week ago, I couldn't make a 100% determination of a giant VAM pick.
I didn't bother to even look at the price.
Spent a lot of time on the VAM.
I about choked as the price for the toner (unattributed) was about PCGS book retail for a massive rare VAM. Umm... at least 8X
I can't remember the specific VAM or the specific dealer....
But there is a potential rare sweet toned VAM, and if he checks his inventory, he might set a new record for a VAM... asking price any way.
I was 80% sure and if it would have been book or 2X book, I would have gambled.
Should not be hard to find since he was very proud of his toners!
I watch his show for entertainment and information. He knows his stuff, but as always, buying from TV can be an expensive way to obtain material. All in all, I'd say it's a good show and worth watching.
It was one of the 38's or 42's. Pretty sure it was a 38.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Except, the coin in the listing isn't a proof.
The name is LEE!
Fair enough. Buy this coin:
http://www.ebay.com/itm/1950-WASHINGTON-PCGS-PR-67-Beautiful-color-and-a-CAMEO-bonus-/252894017073
And then put it up on eBay as a BIN for say, $490. Or even Great Collections. Better yet, put it in a Heritage Auction.
The name is LEE!