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Laura's fun report

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  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    :o:o:o

    Best place to buy !
    Bronze Associate member

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,616 ✭✭✭✭✭

    That girl knows dreck. LOL.

    ``https://ebay.us/m/KxolR5

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    I misread the "flicked" at first.

    :o

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I always enjoy Laura's reports.... though, I will say, she has mellowed a bit in the last couple of years. Used to be full of fire and brimstone... I miss that...Cheers, RickO

  • BuffaloIronTailBuffaloIronTail Posts: 7,547 ✭✭✭✭✭

    Laura's report seems to justify some of the things being said around here. (Like tight grading, for example)

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • marcmoishmarcmoish Posts: 6,677 ✭✭✭✭✭

    @TwoSides2aCoin said:
    That girl knows dreck. LOL.

    yup, her famous line but has lots of truth :#Widgets and dreck were selling, but at cheaper levels.

  • ScarsdaleCoinScarsdaleCoin Posts: 5,336 ✭✭✭✭✭

    Would be a great name for a website
    Widgets&Dreck.com

    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭

    "quote":We are sorry to say, our official announcement has be postponed. The major announcement will be coming from another firm shortly. No, we did not lose one of the greatest collections ever-we sold it (we were approached with an offer we could not refuse)! It has now found a wonderful new home-intact and will be safely off the market for many years. So no auction. This sale came out of no where.

    Was this the auction to end all auctions previously mentioned on the boards, oh about a month or so ago?

    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    edited January 9, 2018 3:17PM

    Widgets & dreck translated: Coins that lowly poor people buy.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • dbldie55dbldie55 Posts: 7,742 ✭✭✭✭✭

    @WoodenJefferson said:
    We are sorry to say, our official announcement has be postponed. The major announcement will be coming from another firm shortly. No, we did not lose one of the greatest collections ever-we sold it (we were approached with an offer we could not refuse)! It has now found a wonderful new home-intact and will be safely off the market for many years. So no auction. This sale came out of no where.

    Was this the auction to end all auctions previously mentioned on the boards, oh about a month or so ago?

    Sounds like it. Wonder if the firm is in Virginia and the collection will be in a collection of one of their "partners"

    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • BLUEJAYWAYBLUEJAYWAY Posts: 10,109 ✭✭✭✭✭

    @ScarsdaleCoin said:
    Would be a great name for a website
    Widgets&Dreck.com

    Or a law firm.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • Cougar1978Cougar1978 Posts: 8,784 ✭✭✭✭✭

    I don’t consider some of the MS63 slabbed Morgan’s I bought lately for $45 dreck. They are rather impressive when stacked!

    Investor
  • logger7logger7 Posts: 9,057 ✭✭✭✭✭

    MS66 better date Morgan is a "widget". I wonder how she regards PL, Star and DPL graded coins, just more "widgets"? Jaded.

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭
    edited January 10, 2018 2:04PM

    @hutze1nm said:
    I always feel that she writes her reports and market updates from such an elitist standpoint that I can't imagine that 90% of collectors left in the hobby could even remotely identify with her feelings. I will say that she's not targeting that 90% of collectors either so I guess she is accomplishing her goal of alienation of the little collectors that make up the majority of people left collecting coins. There are many people including myself that are happy and excited to buy the dreck she speaks of. But by all means please please bring on the dreck at lower prices for my Morgan PL date set please (The Morgan PL/DMPL market hasn't been in decline even in the lower grades).

    Although I don't disagree w/your comments and beliefs, you have to admit that Laura has been very successful doing what she loves to do for her firm and most of all, her clients for many years.

    B)

  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭
    edited January 10, 2018 3:10PM

    @hutze1nm said:
    I always feel that she writes her reports and market updates from such an elitist standpoint that I can't imagine that 90% of collectors left in the hobby could even remotely identify with her feelings. I will say that she's not targeting that 90% of collectors either so I guess she is accomplishing her goal of alienation of the little collectors that make up the majority of people left collecting coins. There are many people including myself that are happy and excited to buy the dreck she speaks of. But by all means please please bring on the dreck at lower prices for my Morgan PL date set please (The Morgan PL/DMPL market hasn't been in decline even in the lower grades).

    Unfortunately, you have completely whiffed on the definition of dreck...or you are buying ‘low end for the grade, problem or flat out overgraded’ coins for your set.

    Early Dollar Set
  • daltexdaltex Posts: 3,486 ✭✭✭✭✭

    Pop report of 1500 seems to me to be a reasonable definition of a widget.

  • logger7logger7 Posts: 9,057 ✭✭✭✭✭

    I could definitely see the "dreck" definition applying to cull coins, the "walking wounded" coins that have decent grades but zero eye appeal and are hard to sell, but not to any cac coin.

  • hutze1nmhutze1nm Posts: 235 ✭✭✭
    edited January 10, 2018 3:49PM

    @tradedollarnut said:

    @ms70 said:

    @tradedollarnut said:

    @hutze1nm said:
    I always feel that she writes her reports and market updates from such an elitist standpoint that I can't imagine that 90% of collectors left in the hobby could even remotely identify with her feelings. I will say that she's not targeting that 90% of collectors either so I guess she is accomplishing her goal of alienation of the little collectors that make up the majority of people left collecting coins. There are many people including myself that are happy and excited to buy the dreck she speaks of. But by all means please please bring on the dreck at lower prices for my Morgan PL date set please (The Morgan PL/DMPL market hasn't been in decline even in the lower grades).

    Unfortunately, you have completely whiffed on the definition of dreck...or you are buying ‘low end for the grade’ coins for your set.

    Her use of "dreck" is aimed anyone that's not regularly buying better than mid 4 figure coins and up. If you're not of better means then you are a collector of dreck. That's how it comes across.

    You are mistaken

    That may not be how it feels to you but it’s how it feels to us. Feelings can be different than the truth and let me get it straight that I don’t personally feel that Laura’s like a mean/bad person or anything. I know you’re buddies and all but it still it just feels elitist to me. Even the adverstisements they run in the rare coin market report have me feeling that way.

    You can’t argue with the way something makes one feel even if definitions are wrong and intentions are different than outcomes.

    That being said I respect you from a numismatic perspective immensely and your opinion as well TDN. :smile:

    Things I like to do: Collect PL Morgans. That’s is all.
  • blitzdudeblitzdude Posts: 6,589 ✭✭✭✭✭

    @hutze1nm said:
    I always feel that she writes her reports and market updates from such an elitist standpoint that I can't imagine that 90% of collectors left in the hobby could even remotely identify with her feelings. I will say that she's not targeting that 90% of collectors either so I guess she is accomplishing her goal of alienation of the little collectors that make up the majority of people left collecting coins. There are many people including myself that are happy and excited to buy the dreck she speaks of. But by all means please please bring on the dreck at lower prices for my Morgan PL date set please (The Morgan PL/DMPL market hasn't been in decline even in the lower grades).

    Exactly, to me this Laura seems like the "dreck".

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭

    Exactly, to me this Laura seems like the "dreck”

    Your loss

    Early Dollar Set
  • gtstanggtstang Posts: 1,778 ✭✭✭✭✭

    Everyone is not ever going to be on the same level playing field in this industry. The "dreck" in my opinion is the bread and butter of the grading services because there is so much more lower end for the masses out there and available than super high end quality thats out of financial reach for most.
    If you put thought and consideration into your collection and appreciate it for what it is, then who cares what others think...

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Believe me she couldn't care less about how we feel about her here. She is in a COMPLETELY different world than most of out here. I don't even slow down when I walk by her table at shows.

  • bestdaybestday Posts: 4,242 ✭✭✭✭

    She is distributing the letter to wrong audience ..

  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭

    @bestday said:
    She is distributing the letter to wrong audience ..

    By posting it on her website for her clientele?

    Early Dollar Set
  • Coin FinderCoin Finder Posts: 7,412 ✭✭✭✭✭

    I thought she retired???

  • bobsrbobsr Posts: 392 ✭✭✭✭

    Hey Laura:
    Thanks for taking time to post a recap of the show for those of us who couldn't make it. I could almost feel my calves and feet hurting . I would volunteer to work for you guys / gals without pay just to walk around and be on the team that offhandedly buys a half disme. Must be a lot of fun (actually really the perfect job). I'll bet a lot of people are envious.

    Bob Sr CEO Fieldtechs

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited January 11, 2018 9:45AM

    Ms. Sperber is fully competent to operate her business in whatever manner she and any partners wish. The business model has proven successful. Some might gripe about language, or inventory, or other things, but those are part of the individuality of small businesses. :smiley:

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    @tradedollarnut said:

    @RogerB said:
    Ms. Sperber is fully competent ...

    Let’s not go overboard... :D

    Depends on the size of the boat. :)

  • bestdaybestday Posts: 4,242 ✭✭✭✭

    @tradedollarnut said:

    @bestday said:
    She is distributing the letter to wrong audience ..

    By posting it on her website for her clientele?

    Such a letter should be targeted for her customers .. I sometimes get business, Coin emails targeted for me, that public , others might view as offensive , when being referenced .. surely past customers have offered their email addresses

  • Inspired70Inspired70 Posts: 636 ✭✭✭✭✭

    Laura is good for the industry, collectors and her clientele in my opinion.

  • RonyahskiRonyahski Posts: 3,119 ✭✭✭✭✭

    Legend Market Reports are very informative and am glad they take the time to provide. Responses here are mostly white noise.

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • tyler267tyler267 Posts: 1,305 ✭✭✭✭

    @dbldie55 said:

    @WoodenJefferson said:
    We are sorry to say, our official announcement has be postponed. The major announcement will be coming from another firm shortly. No, we did not lose one of the greatest collections ever-we sold it (we were approached with an offer we could not refuse)! It has now found a wonderful new home-intact and will be safely off the market for many years. So no auction. This sale came out of no where.

    Was this the auction to end all auctions previously mentioned on the boards, oh about a month or so ago?

    Sounds like it. Wonder if the firm is in Virginia and the collection will be in a collection of one of their "partners"

    That would be my guess, I'm still very curious as to who's collection it is.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    @tradedollarnut said:

    @DIMEMAN said:
    Believe me she couldn't care less about how we feel about her here. She is in a COMPLETELY different world than most of out here. I don't even slow down when I walk by her table at shows.

    Stunning admission. I love coins enough to stop and see beautiful examples even if I’m not in the market for them at the time

    I'm not passing her table because I don't like her or her coins. It's just that the coins I am looking for will not be found at her table. It's the same reason I pass all gold tables or jewelry tables or foreign coin tables. It's all I can do to cover all the other tables in the 3 days that I have at the FUN show.

  • bestdaybestday Posts: 4,242 ✭✭✭✭

    @Justacommeman said:

    @nags said:
    I wish Laura would not mention the "dreck"... in her reports. She doesn't deal in it, nor do her clients. Reports on her segment of the market are appreciated, but she doesn't need to belittle other collectors to do so. She apparently does a great job in her niche. It strikes me as petty to put down lesser dealers/collectors. That may not be her intention, but it seems to be the perception of the unwashed masses. Using someone's example above, a Ferrari salesman doesn't need to bash a Kia to sell a car.

    I have no need to hear a "Dreck" dealer's thoughts on the market for 6 figure coins. I also have no need to hear Laura's thoughts on "Dreck."

    Legend customers are just as susceptible to buying dreck and anyone else. She wants to keep them out of low end for the grade , low eye appeal coins. That's her message. Dreck comes in all shapes, sizes and price points. I think a lot folks automatically associate dreck with lower priced items. That couldn't be further from the truth.

    She has scolded me a couple of times

    mark

    lol,, many laura customers would use dreck for pocket change not collecting ..

  • HadleydogHadleydog Posts: 1,588 ✭✭✭

    I for one thoroughly enjoy reading Laura's market reports. Knowing her a little probably changes my interpretation of them to some degree, but I hope they never change. Boring and mundane they are certainly not, just like her posts here used to be.
    Reading over some of the old pm's from her, there is no question that she really does care about our hobby, even if she often comes across as the proverbial bull in a china shop.

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