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Stupid arguing and dumb ranting = ridiculous reasoning and missing the point.

keetskeets Posts: 25,351 ✭✭✭✭✭
That's my take on all the "discussion" prompted by the compromonedas ModernCrap™/Bad Investment thread. Many, many collector/dealer members just don't grasp the fact that many, many other collector/dealer members and non-members finance what are otherwise accepted as wise purchases by INVESTING in ModernCrap™. Does that make them smarter than everyone else?? I doubt it. It does make them a bit more willing to take the Road Less Traveled, though, a road which often leads to a nice collection.

Al H.

I shall be telling this with a sigh
Somewhere ages and ages hence:
Two Roads diverged in a wood, and I---
I took the one less traveled by,
And it has made all the difference!!

(apologies to R. Frost)

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    ManorcourtmanManorcourtman Posts: 8,396 ✭✭✭✭✭


    << <i>That's my take on all the "discussion" prompted by the compromonedas ModernCrap™/Bad Investment thread. Many, many collector/dealer members just don't grasp the fact that many, many other collector/dealer members and non-members finance what are otherwise accepted as wise purchases by INVESTING in ModernCrap™. Does that make them smarter than everyone else?? I doubt it. It does make them a bit more willing to take the Road Less Traveled, though, a road which often leads to a nice collection.

    Al H.

    I shall be telling this with a sigh
    Somewhere ages and ages hence:
    Two Roads diverged in a wood, and I---
    I took the one less traveled by,
    And it has made all the difference!!

    (apologies to R. Frost) >>






    "Whatever" .......To each his own. Your opinion is just that.....your opinion.
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    BearBear Posts: 18,953 ✭✭✭
    People collect for pleasure, profit ,as well as pride of ownership .

    What does it really matter, as long as the indevidual is satisfied

    with what they collect and the reasons that they collect. Nobody

    need, explain, defend or temporize ,as to their choices. What ever

    you decide to collect is wonderful. It's a big world and folks are

    entitled to the freedom to choose. If any good folks disagree with

    me, please let me know so I can come over your house and rip your leg OFFimage
    There once was a place called
    Camelotimage
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    FairlanemanFairlaneman Posts: 10,428 ✭✭✭✭✭
    Classic Crap sucks.

    Modern Crap sucks.

    Coin Collecting sucks.

    Big Ego's suck.

    PCGS sucks.

    NGC sucks.

    Cover everything ?

    Ken

    image
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    Remember, everyone's either a sucker or an operator. Must be true, it was right here on the forum.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
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    tmot99tmot99 Posts: 5,238 ✭✭✭


    << <i>Classic Crap sucks.

    Modern Crap sucks.

    Coin Collecting sucks.

    Big Ego's suck.

    PCGS sucks.

    NGC sucks.

    Cover everything ?

    Ken

    image >>



    You forgot SCDs suck. image

    I know many collectors/dealers who buy/sell moderns to finance their REAL collection. I wish I had the knack for it.
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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    I sold some PCGS graded ASE 20th annv coins to finance my JUST acquired 1909SVDB and 1889 PR IHC 65RB.

    What's wrong with that? Oh, I know, some dealers are PO'ed that they didn't get ALL the money. Luckily, I bought my 2 coins from MARK FELD and he was happy for me that I bought moderns and flipped them (I also DO collect ASEs, just not that many image ).

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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    CoxeCoxe Posts: 11,139
    I am happy for you too. The Mint stuff isn't numismatics though. Great that you seized an opportunity, whether it is that or a great stock transaction or whatever. All that is on the periphery.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
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    silverpopsilverpop Posts: 6,932 ✭✭✭✭✭
    I have a bare bones coin buying idea

    If the coin looks good i'll buy it, if it looks like crap i'll pass

    Simple, easy and without any issues

    1997-present

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    keetskeets Posts: 25,351 ✭✭✭✭✭
    well, i was only making an observation about all the constant wrangling that goes on over this stuff. some members just can't let it go and can't pass up the oppurtunity to denigrate another for what they collect or how they collect, and it makes no sense. in the end it always seems like an individual is judging the rightness or wrongness of another based entirely on their own set of values or standards. that just isn't the way the world operates. it's also intriguing that many don't "get" the simple fact that a large number of otherwise mainstream collectors derive profit as well as enjoyment from ModernCrap™ with which they can easily finance ClassicCrap™ that they might not be able to purchase otherwise. it's a neat little way to further enjoyment in the hobby.

    here's a challenge i'd offer all takers, a challenge to help you grow as a person and as a Numismatist. swallow your pride along with what might be a poorly arrived at decision that all ModernCrap™ is worthless. set aside $50 from your annual coin budget and force yourself to walk around at the next show you attend and look at some stuff you hate for being ModernCrap™ but still find pleasing to your eye(Bullcrap, it is too out there, and you know it!!) don't buy impulsively and with haste, look for quality at the right price and most of all, make certain it's raw and that you've tried to learn a bit; we'll teach you for free if you ask. then get it graded via Economy and wait for the high grade to be posted, the holdered coin to return and the profit from the eBay sale to be received.

    you have just invested $50, learned a little and become a kinder gentler ModernCrap™ basher. you almost certainly even made some money while exerting little real effort and i bet you even enjoyed the fun us Modernistas take for granted.

    step out on the Road Less Traveled if you want to, it's wide and long...............................
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    JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    Without this meant to sound negative in any way....

    Modern Crap flippers are the same as Wall Street Day Traders....no difference
    Some coins are just plain "Interesting"
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    OneCentOneCent Posts: 3,561


    << <i>Without this meant to sound negative in any way....

    Modern Crap flippers are the same as Wall Street Day Traders....no difference >>




    Exactly.

    You need not be a collector, to be a flipper.

    There are those on this board whose sole purpose is to PROMOTE moderns with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.

    Would you buy 20th Anniversary ASE's @ $200 a pop?

    imageimage
    Collector of Early 20th Century U.S. Coinage.
    ANA Member R-3147111
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    There are those on this board whose sole purpose is to PROMOTE moderns with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.

    why is that kind of thinking considered the work of the devil when it's practiced by a ModernCrap™ collector/dealer, but touted as a time honored skill when a ClassicCrap™ collector/dealer does essentially the same thing?? phrase it like the following and tell me it isn't just as accurate:

    There are those on this board whose sole purpose is to PROMOTE Classics with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.

    if you've deluded yourself into believing that collectors/dealers buying these current products from the Mint are the only ones using the "operator-sucker" business plan, well, you may be mistaken. look at all the well documented coins out there that are dipped white or toyed with in order to get the greater dollar from the bigger sucker. who do you think is perpetrating that fraud on the hobby, all the guys buying from the Mint??
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    BearBear Posts: 18,953 ✭✭✭
    At some point, many of us have been promoters

    and at another point, many of us have been suckers.

    We all have selective amnisia for all of our defeats and bragging

    rights for all of our victories.image
    There once was a place called
    Camelotimage
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    jmski52jmski52 Posts: 23,956 ✭✭✭✭✭
    There are those on this board whose sole purpose is to PROMOTE moderns with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.

    Hey, I don't care if you don't like me buying moderns, so nobody's promoting anything, in my opinion. The threads discussing modern bullion coins and modern clads are meant for people who enjoy the stuff - and that's obviously not you.

    And I could care less what you think when I decide to sell one, or two or ten for that matter. Frankly, my selling is none of your business at all, unless you happen to be the buyer.

    And if you think that I might be so foolish as to ignore "Long-term Value", you are out of your mind (no offense). Lastly, I don't go looking for "suckas".......if you don't wanna buy a modern coin......don't buy it......nobody's twisting your arm off.

    Do I think that every modern coin that the Mint puts out is worth buying? Nope, it actually takes some study and forethought to make a profit, so if you aren't capable of doing that and I am, then who's the "sucka?"

    Lastly, if you act hostile, expect hostility in return.....plain and simple. You missed the point. Start over and try again.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    DUIGUYDUIGUY Posts: 7,252 ✭✭✭
    image ( popcorn dude ) image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
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    OneCentOneCent Posts: 3,561


    << <i>There are those on this board whose sole purpose is to PROMOTE moderns with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.

    Hey, I don't care if you don't like me buying moderns, so nobody's promoting anything, in my opinion. The threads discussing modern bullion coins and modern clads are meant for people who enjoy the stuff - and that's obviously not you.

    And I could care less what you think when I decide to sell one, or two or ten for that matter. Frankly, my selling is none of your business at all, unless you happen to be the buyer.

    And if you think that I might be so foolish as to ignore "Long-term Value", you are out of your mind (no offense). Lastly, I don't go looking for "suckas".......if you don't wanna buy a modern coin......don't buy it......nobody's twisting your arm off.

    Do I think that every modern coin that the Mint puts out is worth buying? Nope, it actually takes some study and forethought to make a profit, so if you aren't capable of doing that and I am, then who's the "sucka?"

    Lastly, if you act hostile, expect hostility in return.....plain and simple. You missed the point. Start over and try again. >>




    Hostile? I stated my opinion based upon my factual experiences...plain and simple. Maybe you missed the point?
    imageimage
    Collector of Early 20th Century U.S. Coinage.
    ANA Member R-3147111
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    DUIGUYDUIGUY Posts: 7,252 ✭✭✭
    If someone has an item for sale that I need for my collection and a price is agreed upon I could care less if the seller found it in a box of Girlscout cookies and made a fortune !! I'm happy , they are happy , the world turns . image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    that's a good strategy for "getting along" in the world, so what do you do for contention??imageimage
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    DUIGUYDUIGUY Posts: 7,252 ✭✭✭


    << <i>that's a good strategy for "getting along" in the world, so what do you do for contention??imageimage >>




    I go to work ! image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    image
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    Classic Crap sucks.

    Modern Crap sucks.

    Coin Collecting sucks.

    Big Ego's suck.

    PCGS sucks.


    NGC sucks.

    Cover everything ?


    image


    Ken, That really sucks!



    image
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    BearBear Posts: 18,953 ✭✭✭
    our solar system will end

    in just 4 billion years.

    Do we really have time for this?image
    There once was a place called
    Camelotimage
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    well, at least one member gets it, even though he's an animal.
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    cladkingcladking Posts: 29,957 ✭✭✭✭✭


    << <i>Exactly.

    You need not be a collector, to be a flipper.

    There are those on this board whose sole purpose is to PROMOTE moderns with the only intent of PROFITEERING. Long-term VALUE is not considered or even remotely cared about. It's about being an operator and someone being a sucka...plain and simple.
    >>



    I don't know that this is true. I may be the only one here promoting moderns and
    my intent is hardly for the sole purpose of PROFITTEERING on coins without long-
    term VALUE. Monetary profit has become much less important to me because of
    overriding concerns. At the risk of sounding altruistic there are lots of good reasons
    to see these coins become more widely accepted that have nothing to do with profit.
    Much of it is just the satisfaction of seeing the coins being saved for future generations.
    It's not only collectors who will have interest in our coins but professionals and scientists
    of many stripes. It would be nice to be vindicated for the flak tossed my way for many
    years.

    Others have their own reasons and I won't presume to speak for them but there are a
    lot of collectors here. They even collect the platinum coins. There are several who deal in the
    coins and many who collect or study them. That some also try to profit without caring
    about the coins is hardly a condemnation of either the coins or those trying to profit.

    tempus fugit extra philosophiam.
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    BearBear Posts: 18,953 ✭✭✭
    Someone summed it up on a thread somewhere.

    He loved the heavy feel of platnum. As if the very

    density of the metal gave some sturdy value to

    our coinage that is so sadely lacking in our regular coinage.

    Having the ability to hold rare metals, assured by the Mint as

    to purity and weight, can only be a good thing for American

    Citizens.



    When the day of reconning comes and it will surely come,

    The arguments that we no longrer need any backing for our currency,

    will again be laid to rest and I am afraid, quite forcefully. Ownership of

    a supply of precious metal, may well be the foundation of survival, in a world

    rushing headlong to the edge of madness. No one nows for certain what specifically

    lies before us on any given day. However, those of us who have seen, war, depression,

    rationing, human depravity of concentration camps, and all the evils that

    man is capable of producing, know that

    there will be periods of utmost peril in the months and years that lie ahead. So it has always

    been, so shall it always be. Man is a creature doomed to repeat history. Because we have never

    been able to truly learn from history.
    There once was a place called
    Camelotimage
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    CoxeCoxe Posts: 11,139
    As I have said before, Bear, it will be ironic if the dollar collapses so hard that bullion Mint pieces become our practical currency. I'll call them real coins then. But until then......
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
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    RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭
    ...I'll keep the bulk of my net worth in pieces of paper, ie., stock? image
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    MyqqyMyqqy Posts: 9,777
    If the coin looks good i'll buy it, if it looks like crap i'll pass

    That's the funniest thing I've read all week... image
    My style is impetuous, my defense is impregnable !
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    BearBear Posts: 18,953 ✭✭✭
    At least that paper stock represents a share of a real company with real assets.

    Our money is only a promise, by an often fickle and capricious Government,

    that the paper does indeed have value. This country has not known a real

    panick since 1929, but it is possible, that a perfect economic storm could strike

    this Nation. Faith in a National currency, can be a shallow and brittle thing. When

    that faith is broken, then it is always the people, who do the suffering.
    There once was a place called
    Camelotimage
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Wait, wait now... A quote is coming to me... Here... Here it is:

    Live and let live.

    Heh.
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    BearBear Posts: 18,953 ✭✭✭
    Live and make merry

    for tomorrow we...........
    There once was a place called
    Camelotimage
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    TrimeTrime Posts: 1,863 ✭✭✭
    Why should anyone care what someone else fancies ( unless it is your spouse or your bank account)?
    Trime
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    IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I don't care what others collect, never have. Forever it seems like investment types have suggested holding metals as part of a strategy, albeit a small percentage, the number 10% being often mentioned. If you are a coin collector this is a fun way to do it. The potential risk is in the label. TPG's are still new to the business and there is not a single incident of a label adding value other than grade/variety. There is no historical data over a long enough time period to suggest that putting things like FS, Omaha. WTC, etc. on a label will hold any value. Even pedigrees while they are neat don't necessarily garner much of a premium.

    If someone thinks having FS on the label will have a significant premium over any other plat graded by the same company down the road in ten years I'd like to hear their side of the discussion. I am open to being convinced otherwise.
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    fishcookerfishcooker Posts: 3,446 ✭✭

    I'm still trying to figure out if real collectors get true coins, or true collectors get real coins.
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    RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭
    How 'bout real coins find real collectors.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,012 ✭✭✭✭✭
    I agree with Al, and I agree with Coxe. The arguing and ranting is silly and misses the point.

    No need to spend energy trying to change another's opinion and no use trying to figure out WHY others spend money on something that is useless as a collectible (according to opinion).
    The real importance is based on whether one is happy with his purchase. Nothing else matters ?
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    If the crash comes tomorrow, the government will probably ban ownership in precious metals. They have done this before. But precious metals in coin form were OK.
    If the revolution falls on a Sunday, you get Monday off.
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
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    What's wrong with that? Oh, I know, some dealers are PO'ed that they didn't get ALL the money. Luckily, I bought my 2 coins from MARK FELD and he was happy for me that I bought moderns and flipped them (I also DO collect ASEs, just not that many ).


    who can take you seriously with that atvatar???
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    jmski52jmski52 Posts: 23,956 ✭✭✭✭✭
    It's about being an operator and someone being a sucka...plain and simple.


    When you engage in name-calling, you are being hostile. If, in your factual experience, you became a sucka, then next time you might try learning from your mistakes. Don't blame me - I didn't do it to ya.

    If I offer one of my Platinum Unc "W" 2006s for sale one day, it won't be misrepresented, puttied, felt-padded, buffed, toned, or doctored. And if someone chooses to buy it, I won't be twisting their arm. So, where's the operator, and where's the sucka?

    I took the risk - maybe I win, maybe I lose - but it shouldn't matter to you, either way. Why does it matter to you then? I gotta wonder.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    OneCentOneCent Posts: 3,561


    << <i>It's about being an operator and someone being a sucka...plain and simple.


    When you engage in name-calling, you are being hostile. If, in your factual experience, you became a sucka, then next time you might try learning from your mistakes. Don't blame me - I didn't do it to ya.

    If I offer one of my Platinum Unc "W" 2006s for sale one day, it won't be misrepresented, puttied, felt-padded, buffed, toned, or doctored. And if someone chooses to buy it, I won't be twisting their arm. So, where's the operator, and where's the sucka?

    I took the risk - maybe I win, maybe I lose - but it shouldn't matter to you, either way. Why does it matter to you then? I gotta wonder. >>




    Who is calling anyone names? Did I call you a name? You are the one who is taking an aggressive position.

    Look, chief, what I wrote is my opinion, based upon my experience. As such, I stand by it.

    Why are you taking it so personally? I really don't care what you collect. Nor, do I care what you do or don't flip.

    imageimage
    Collector of Early 20th Century U.S. Coinage.
    ANA Member R-3147111
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    pharmerpharmer Posts: 8,355
    The introduction of the "everyone's either an operator or a sucker" post from another forum was intended to start flame threads and posts, and it would appear to be succeeding. Apparently things were too copesetic here for some. I suggest we resist the notion from this point forward, for it has about as much veracity as the "wannabe" notion. It is frivolous and beneath us.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image

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