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Are We Buying Labels or Coins?

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    Cougar1978Cougar1978 Posts: 9,733 ✭✭✭✭✭
    edited June 27, 2022 10:25AM

    Don’t much care about the labels. Care about the coin, TPG grade, the deal. Not worried about matching labels, TPG. My excel sheet does just fine. Won’t pay premium for label either.

    Investor
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    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭

    It’s nice to see similar labels on the entire set but shouldn’t be the limited criteria on buying decisions.
    I like them ALL ….. Green Beans label to show off the eye appeal ….. Festive for special edition and oh I LOVE the textured paper used in the rattlers 🥰

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    MasonGMasonG Posts: 7,027 ✭✭✭✭✭

    People collect all kinds of things. If they collect the wrong things, though, they get ridiculed.

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    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭
    edited June 27, 2022 10:33AM

    🤔 We should have thicker skin for any type of ridicule ……but no one should cast judgment on others to start with.

    @MasonG said:
    People collect all kinds of things. If they collect the wrong things, though, they get ridiculed.

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    Cougar1978Cougar1978 Posts: 9,733 ✭✭✭✭✭
    edited June 27, 2022 12:20PM

    CPG on the 2008-W $100 platinum is $3700. Interesting results. However the 2 that traded last nite at $4200 being compared to auc in March. Don’t forget the juice.

    Label? or just bid war (any given nite)? Amazing results!

    Investor
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    ConnecticoinConnecticoin Posts: 13,272 ✭✭✭✭✭

    On the classic side Gen 1.0 and 1.1 Rattlers and Doily labels sell for huge premiums that make these First Strike premiums envious! 😆

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    SmudgeSmudge Posts: 9,967 ✭✭✭✭✭

    Looks like you are buying bullion to me.

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    lkeneficlkenefic Posts: 9,328 ✭✭✭✭✭

    When I'm in the throes of buying a coin, the label is a secondary part of the assessment, but a part nonetheless. If I like the coin and the price it's being offered at, I'll consider the slab it's in. If it's "straight-graded" and in the ballpark for what I believe the grade to be, then it's a done deal. If it's in a "Genuine" holder, I'll have to consider the issue and the amount of damage that got the coin to that state. If it's a coin that typically comes beaten up (I collect early copper ;) ) I'll weigh the extent of the damage and the price... but, I have to like the coin first.

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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    Downtown1974Downtown1974 Posts: 7,189 ✭✭✭✭✭

    @Paradisefound said:
    It’s nice to see similar labels on the entire set but shouldn’t be the limited criteria on buying decisions.

    .
    .
    .

    I couldn’t agree more. 😁

    I was searching for upgrades to my quarter eagles but the 63s I was finding were no match for the eye appeal of my 62s, so this is where I left it.

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,012 ✭✭✭✭✭
    edited June 27, 2022 4:55PM

    Bought a 2016-W one ounce platinum raw the other day. $800.
    I'm buying metal.... as low as I can.
    Picked up 89 gram 14k gold bracelet for just under $2400.

    Would change handle to "scappyjoe", but....am afraid of the stigma that comes with that label :love:

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    DisneyFanDisneyFan Posts: 2,899 ✭✭✭✭✭

    @TwoSides2aCoin said:
    Bought a 2016-W one ounce platinum raw the other day. $800.

    WOW!!! Unbeiievable deal! The ETF represents 1/10 of an ounce. Closed @ $84.54

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    ARCOARCO Posts: 4,453 ✭✭✭✭✭

    Well, if there were no coin in the middle, I wouldn't buy the label...so it must be the coin. The right label doesn't hurt, it lets you the buyer know that important people that have important opinions have decreed that a certain coin is extra special.

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    TwobitcollectorTwobitcollector Posts: 4,547 ✭✭✭✭✭

    I bought this for the gasket

    Positive BST Transactions with:
    INYNWHWeTrust-TexasNationals,ajaan,blu62vette
    coinJP, Outhaul ,illini420,MICHAELDIXON, Fade to Black,epcjimi1,19Lyds,SNMAN,JerseyJoe, bigjpst, DMWJR , lordmarcovan, Weiss,Mfriday4962,UtahCoin,Downtown1974,pitboss,RichieURich,Bullsitter,JDsCoins,toyz4geo,jshaulis, mustanggt, SNMAN, MWallace, ms71, lordmarcovan,JWP,dantheman984,olah_in_MA,USMC_6115
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    TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @Twobitcollector said:
    I bought this for the gasket

    I have never seen that one before.

    Frank

    BHNC #203

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    PerryHallPerryHall Posts: 47,509 ✭✭✭✭✭

    The soft rings PCGS used were unstable in direct sun light. I remember a coin shop in downtown Baltimore where I used to work that put several inexpensive PCGS slabbed coins in their sidewalk level display window in the direct sun light and every one of them had the yellow rings.

    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

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    P0CKETCHANGEP0CKETCHANGE Posts: 3,403 ✭✭✭✭✭

    I almost bought that Peace dollar with the green gasket (or one very similar to it that was listed on eBay recently), thinking it was something special/unique. I searched the forum and realized—I believe because of the same comment @PerryHall just made again—that it was just UV light reacting with the plastic. I still think it looks really cool though, and kind of wish I still bought it.

    Nothing is as expensive as free money.

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    PerryHallPerryHall Posts: 47,509 ✭✭✭✭✭

    @P0CKETCHANGE said:
    I almost bought that Peace dollar with the green gasket (or one very similar to it that was listed on eBay recently), thinking it was something special/unique. I searched the forum and realized—I believe because of the same comment @PerryHall just made again—that it was just UV light reacting with the plastic. I still think it looks really cool though, and kind of wish I still bought it.

    I'm not sure if this is still a problem with the newer gaskets but if you have an older coin you can create your own by placing the slab on a window sill in direct sunlight for a few months.

    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

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    TwobitcollectorTwobitcollector Posts: 4,547 ✭✭✭✭✭

    @P0CKETCHANGE said:
    I almost bought that Peace dollar with the green gasket (or one very similar to it that was listed on eBay recently), thinking it was something special/unique. I searched the forum and realized—I believe because of the same comment @PerryHall just made again—that it was just UV light reacting with the plastic. I still think it looks really cool though, and kind of wish I still bought it.

    I won this one on Great Collections last Sunday. PS: I didn't expect that I would win.

    Positive BST Transactions with:
    INYNWHWeTrust-TexasNationals,ajaan,blu62vette
    coinJP, Outhaul ,illini420,MICHAELDIXON, Fade to Black,epcjimi1,19Lyds,SNMAN,JerseyJoe, bigjpst, DMWJR , lordmarcovan, Weiss,Mfriday4962,UtahCoin,Downtown1974,pitboss,RichieURich,Bullsitter,JDsCoins,toyz4geo,jshaulis, mustanggt, SNMAN, MWallace, ms71, lordmarcovan,JWP,dantheman984,olah_in_MA,USMC_6115
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    LuxorLuxor Posts: 584 ✭✭✭✭✭

    @santinidollar said:
    Speaking of special labels, TV peddler Mike Mezack is now offering HIS signature on NGC slabbed 2021 burnished American Silver Eagles. Saw it on his Saturday morning infomercial on the History channel.

    Well if grading colorized coins wasn't a new low, this definitely is IMO :(:(

    -

    Your hobby is supposed to be your therapy, not the reason you need it.

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    Cougar1978Cougar1978 Posts: 9,733 ✭✭✭✭✭
    edited June 29, 2022 5:20PM

    I am certainly not into buying labels. I buy coins either online or from my table at shows my offer usually 10 pct behind CDN bid.

    As far as the guy supposedly paying $4200 for the label he’s buried in it lol. I could care less what his reason is. What’s he gonna do price it cost plus now? Go find them (buyer) ROFL😀

    CPG MV for burnished $3710.

    Investor
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    stockdude_stockdude_ Posts: 550 ✭✭✭✭

    Greater fool theory. I never understood "grading" bullion anyway. To me they are all the same

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    BullsitterBullsitter Posts: 6,197 ✭✭✭✭✭

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