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For those who might be interested - Coin World TV interview with John Albanese
MFeld
Posts: 16,675 ✭✭✭✭✭
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
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https://www.youtube.com/watch?v=9aq-CU4DCYU
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And for those who are not interested:
https://www.youtube.com/live/mSX3OyW9Rao
chopmarkedtradedollars.com
Well played, I had to look.
That's nice on a 65 inch screen..
I just Imagine all the top-pop and extraordinary coins that has past through his hands. Love him or hate him, He has changed/influenced the entire industry for decades.
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Not surprisingly, I thought it was an excellent interview.
And, as has been his habit over the nearly 50 years I’ve known him, J.A. was refreshingly candid, down to earth, highly dedicated to the hobby and a wonderful source of information about coins, coin grading and the rare coin market.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Thanks for being the grownup in the room, mr. Feld. When I click on the video, I get this message:
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The measure of intelligence is the ability to change.
Albert Einstein (14 March 1879--18 April 1955)
I’m sorry to hear you’re having trouble viewing the video. I’ve accessed it multiple times without any issues of the type you described. And that includes an additional time a minute ago, before posting this.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
No trouble watching. Thanks for posting.
Video worked just fine for me. Enjoyed watching it although I thought the intro part was excessively long.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.
I don’t think he prioritizes eye appeal to the extent that you seem to. Eye appeal is important to just about everyone, but I don’t think J.A. will bump up the grades of gorgeous coins as much as much as some graders do.
And I don’t believe that he requires fully struck Morgan’s at higher grades, but, he doesn’t tolerate weakly struck ones. There’s a wide go between fully struck and weakly struck.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Great video, thanks for posting this, @MFeld.
I had no idea that Ed Hipps was such an early influence on JA, and really enjoyed hearing the references to him.
One of my big regrets was meeting Ed too late in life. By then he was semi retired and Lance was running the show. But I could listen to Ed’s stories for hours!
Why would you want a softly struck Morgan in gem or higher? Why would you want any coin that is not fully struck in higher grades?
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!
TD
Maybe if it was otherwise pristine?
And maybe it also had strong luster and/or color and/or eye appeal - attributes that to many, are as or more important than a full strike.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
good stuff. thanks
Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.
I have discussed the early days of grading before. Let me see if I can find something already written.
My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.
TD
Tom, I’ll forward the part starting with “My main objection ” to J.A.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Tom, after forwarding your post to J.A. I received this reply:
“I apologize, he’s correct. I was referring to “ slabbing”. ANACS provided a wonderful service and was definitely the pioneer!
I have fond memories of the ANACS certs…. I can’t post there otherwise I’d do it.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I vividly remember ANACS stepping up and revolutionizing the hobby. It was a real mine field for collectors in those days. We had reliable dealers and auction houses that we could rely on, but God help the collector who ventured out on his/her own.
Apology accepted.
I’ll let him know.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I never put 2 and 2 together on ANACs and PCGS. Just asked the AI and it came up with the dates for ANACs soapbox slabbing as Feb 1989 through Feb 2006. I did not realize that that was after PCGS, in Feb 1986.
John’s always interesting and always makes me think. One stunning comment this time. He explained how in the old days, pre-slabs, tens of thousands of people knew how to grade accurately and confidently - partly because there were fewer grades - and that now it’s more like just a few dozen. When I’ve discussed the same subject with people, I’ve said pretty much the opposite, explaining how the edge I had before slabs is now not such a big deal, because many hundreds of people have learned how to expertly grade coins, largely by studying slabbed coins. The reality is probably somewhere between his numbers and mine, but I need to think on it.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I’m reasonably sure that John would take the same approach to strike with all other series.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.