<< <i>I'm shouting the same thing down every HALLway
It's called "COINFLATION". It happens every so often and it's the most exciting thing about the hobby for cool collectors. Be cool. Collect coins ! Be smart: Collect the Right ones. >>
So what are the "right" coins, it seems as if its just chance that determines what will be bidded on at abnormally high rates...it would be interesting to study these crazy bids and see if you could extrapolate some trends and determine what would be hot then consolidate them at lower prices before they blew up...just a thought.
Gawd, you're an idiot, Realone. I'm complaining? You're the one who posted a lame ass useless thread about an allegedly cracked holder with an allegedly AT coin. I'm a wuss? You didn't even have the nads to identify the dealer in the aforementioned lame ass useless thread.
I don't think Russ was complaining about anything other than dealing with your nonsense. I beleive he posted it as a way to comment on the coin being PQ and the state of the market. Anyway it is apparent that someone else wanted it "bader".
<< <i>So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.
Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.
I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!!
Oh, and it didn't have a sticker.
Russ, NCNE >>
Russ, are you telling me you subscribe to a "market" value view of coins only? I think not, so why are you surprised? Coin passion is still alive even if the old farts disagree.
<< <i>So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.
Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.
I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!!
Oh, and it didn't have a sticker.
Russ, NCNE >>
Russ, are you telling me you subscribe to a "market" value view of coins only? I think not, so why are you surprised? Coin passion is still alive even if the old farts disagree. >>
Hey griv......you promised to stop this old farts passion thing of yours.....remember?????
I think one of the important points that whizzed over realone's head was that a collector doesn't have to reach and overpay if you know that other equal examples are out there to be found. Patience is an important quality for a collector, as is knowing your market and how rare or common an item may be. It's not always about who wants it "bader"...
My style is impetuous, my defense is impregnable !
<< <i>I think one of the important points that whizzed over realone's head was that a collector doesn't have to reach and overpay if you know that other equal examples are out there to be found. Patience is an important quality for a collector, as is knowing your market and how rare or common an item may be. It's not always about who wants it "bader"... >>
Patience is highly overrated. Smoetimes you just gotta have it - and I've heard that there are actually people out there that have so much money, they think less about (over)spending a few hundred (or thousand) dollars than I think about whether to have one Big Mac or two. Or supersizing my meal.
<< <i>You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.
Russ, NCNE >>
Nice to see that some things never change around here
You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.
Nice to see that some things never change around here
That post by Russ did bring to mind some of your conversations with him. Edited to add: Welcome back!
<< <i>Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen.
Every time I see someone call themselves a true collector because they step up to the table and pay the price I just chuckle. While I guess you can make the argument that owning expensive coins makes one a collector and every one else a wuss, its a very shallow argument and tells me a whole lot about the person. Many of us myself included don't meander through life with the goal of owning things. Collecting is a side interest and if you need to own something very expensive to convince yourself that you are worthy then good for you. Don't lay that on the rest of us who do if for the pure enjoyment of it. I was never happier in this hobby then when I was pulling coins from circulation or buying them cheaply at shows as Russ does.
I am not dissing the accumulation of great coins or sets, but I admire the coins not necessarily the person. Any collector who feels the need to look down upon and express it and call them names needs a life lesson along with a numismatic one. Reminds me of the poster here who paid $60K+ for the 53-S Franklin then sold it shortly thereafter for $30K+. I wonder how much he enjoys the hobby. Or the guy who paid a million plus for a dime and sold it 18 months later. Sure he made some money but I don't understand the urge to spend that kind of dough and then jettison the coin in less than 2 years. He is a great collector but doesn't mean I understand the why's of spending huge amounts of money to own something for a few months. I don't have to understand it only to realize that type of collecting isn't for me. If that makes me a wuss or some other name I could care less.
1. at four times fair market value of $632.50 that coin is way, way overpriced, but someone didn't care. 2. at twice market value of $356.50 that coin is way overpriced and someone realized it and stopped. 3. diligent searching can locate coins which look quite similar with heavy frost, although they may not grade 69, so many of us search raw sets and save them. 4. although it's hard for some of us to admit it, the "holder" bears value which is undeniable. 5. a True Collector understands points 1-4, accepts their truth and does the best possible to add coins to their collection. 6. Russ is a valuable member here but he shows bitter contempt for anyone who dissagrees with him. 7. quite a few members understand point 6 so the taunting and insults continue. 8. IrishMike is a freakin' guru!!! 9. since this is The Hobby of Kings i suggest we all concern ourselves more with our own Kingdoms. 10. i am happy to have thick skin and an asbestos overcoat.
I'll tell you one thing - I went to a rural coin auction a couple months ago and bid stupid money on a short set of Mercs in a Capitol case. I thought I was doing ok until the auctioneer changed the bidding from a price for the set to a price per dime. I was hyped and bid anyway instead of sitting back to figure what he'd just done to me.
It's not so hard to be stupid, sometimes.
I'll tell ya what - it won't happen the same way again.
Q: Are You Printing Money? Bernanke: Not Literally
Keets..you have hit upon many points...all most likely true especially about the one agreeing with Russ..!!..It seems these days with the Registry in place some collectors will look for the label on the slab to put into their collection.Mind you I'm not short changing the quality of the coin or it's grade but the label will be paramount. IrishMike made excellent statements regarding collectors habits which I agree with and you have to say ..to each his own..!! Don't worry about your asbestos overcoat...just keep postin...!!!
<< <i>You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.
Russ, NCNE >>
Nice to see that some things never change around here >>
<< <i><< Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
IMO, I think Russ and Realone are teaching all of us about the hobby.
Example, I recently got a coin for a colleague and yes, the coin was an accented hair Kennedy. So, yes, I sent Russ a PM and asked him about what was a reasonable price range for the coin etc etc.
His advice is one I have held in my other area of collecting Exomunia. However and in all honesty, it is very frustrating to watch moon money get spent on a coin that while beautiful, nice eye appeal, appeals to our collecting sense if you will, BUT you know, and I do mean you KNOW from a population standpoint and from a demand standpoint, there is no real logic behind the price. In fact, I just have to wonder OK, you got the coin, but now what? Will everyone else think, gee, I must have another babillion dollar coin as well? AND Oh gee, there goes the market for another year? Ansswer YES, and it is very frustrating. BUT, patience prevails.
This does not diminish, that there are some folks who will spend the money on that coin. After all of this, the fun of collecting is in the hunt and lets face it, in getting the coin.
My opinions on folks who spend a gagillion bucks on a coin is fine AS LONG AS they do not come back, 5 years later and tell the world how unfair everything is.
<< <i><< Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down. >>
<< <i>Cool! But it is only a '64 proof set. >>
Do you enjoy looking stupid?
Russ, NCNE >>
Do they come any more stupid than a drunk diabetic (or, is that diabetic drunk?)?
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down. >>
<< <i>Cool! But it is only a '64 proof set. >>
Do you enjoy looking stupid?
Russ, NCNE >>
You're the stupid one. You got outbid on a 64 proof set, but still say you don't bid on them on ebay.
All the name calling in the world won't erase the fact that you're full of BS.
If I recall, Russ picked up his Accent Hair PR68DCAM off of Ebay for a song. He has spoke of it many times, so he clearly has never stated he does not bid on 64 proof sets on Ebay.
(This may be why he specifically mentioned that he does not bid on 1969 proof sets)
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
You're the stupid one. You got outbid on a 64 proof set, but still say you don't bid on them on ebay.
All the name calling in the world won't erase the fact that you're full of BS. >>
It's possible I typed more words than your pea brain is capable of absorbing, so I'll seperate out the relevant sentence for you. Please read it several times so that you may have a chance of comprehending it. Here it is:
<< <i>I don't chase anything later than 1967 on eBay. >>
Comments
<< <i>I'm shouting the same thing down every HALLway
It's called "COINFLATION". It happens every so often and it's the most exciting thing about the hobby for cool collectors. Be cool. Collect coins ! Be smart: Collect the Right ones. >>
So what are the "right" coins, it seems as if its just chance that determines what will be bidded on at abnormally high rates...it would be interesting to study these crazy bids and see if you could extrapolate some trends and determine what would be hot then consolidate them at lower prices before they blew up...just a thought.
Russ, NCNE
<< <i>Is this the moose?
I'm not a fan of Kennedy halves but that thing looks luscious!
<< <i>Amen brother, the hunt is what it is all about!
Anyone can pay top dollar for a coin.
The guys that make them are the ones I envy.
Steve >>
That is worth repeating!
Hunting them down and making them is where it is at.
<< <i>So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.
Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.
I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!!
Oh, and it didn't have a sticker.
Russ, NCNE >>
Russ, are you telling me you subscribe to a "market" value view of coins only? I think not, so why are you surprised? Coin passion is still alive even if the old farts disagree.
<< <i>
<< <i>So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.
Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.
I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!!
Oh, and it didn't have a sticker.
Russ, NCNE >>
Russ, are you telling me you subscribe to a "market" value view of coins only? I think not, so why are you surprised? Coin passion is still alive even if the old farts disagree.
Hey griv......you promised to stop this old farts passion thing of yours.....remember?????
<< <i>I think one of the important points that whizzed over realone's head was that a collector doesn't have to reach and overpay if you know that other equal examples are out there to be found. Patience is an important quality for a collector, as is knowing your market and how rare or common an item may be. It's not always about who wants it "bader"... >>
Patience is highly overrated. Smoetimes you just gotta have it - and I've heard that there are actually people out there that have so much money, they think less about (over)spending a few hundred (or thousand) dollars than I think about whether to have one Big Mac or two. Or supersizing my meal.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>Patience is highly overrated.
I think spending big money on the first coin(s) that cross one's path is overrated...
so you disagree with me where?
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
I think spending big money on the first coin(s) that cross one's path is overrated...
That patience is overrated. This out of order post thing is a little weird.
<< <i>You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.
Russ, NCNE >>
Nice to see that some things never change around here
Nice to see that some things never change around here
That post by Russ did bring to mind some of your conversations with him.
<< <i>
<< <i>Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen.
I am not dissing the accumulation of great coins or sets, but I admire the coins not necessarily the person. Any collector who feels the need to look down upon and express it and call them names needs a life lesson along with a numismatic one. Reminds me of the poster here who paid $60K+ for the 53-S Franklin then sold it shortly thereafter for $30K+. I wonder how much he enjoys the hobby.
1. at four times fair market value of $632.50 that coin is way, way overpriced, but someone didn't care.
2. at twice market value of $356.50 that coin is way overpriced and someone realized it and stopped.
3. diligent searching can locate coins which look quite similar with heavy frost, although they may not grade 69, so many of us search raw sets and save them.
4. although it's hard for some of us to admit it, the "holder" bears value which is undeniable.
5. a True Collector understands points 1-4, accepts their truth and does the best possible to add coins to their collection.
6. Russ is a valuable member here but he shows bitter contempt for anyone who dissagrees with him.
7. quite a few members understand point 6 so the taunting and insults continue.
8. IrishMike is a freakin' guru!!!
9. since this is The Hobby of Kings i suggest we all concern ourselves more with our own Kingdoms.
10. i am happy to have thick skin and an asbestos overcoat.
It's not so hard to be stupid, sometimes.
I'll tell ya what - it won't happen the same way again.
I knew it would happen.
Keets is a freakin' Guru! Enough said.
IrishMike made excellent statements regarding collectors habits which I agree with and you have to say ..to each his own..!!
Don't worry about your asbestos overcoat...just keep postin...!!!
<< <i>
<< <i>You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.
Russ, NCNE >>
Nice to see that some things never change around here
Hi Fletcher.
<< <i><< Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE
Example, I recently got a coin for a colleague and yes, the coin was an accented hair Kennedy. So, yes, I sent Russ a PM and asked him about what was a reasonable price range for the coin etc etc.
His advice is one I have held in my other area of collecting Exomunia. However and in all honesty, it is very frustrating to watch moon money get spent on a coin that while beautiful, nice eye appeal, appeals to our collecting sense if you will, BUT you know, and I do mean you KNOW from a population standpoint and from a demand standpoint, there is no real logic behind the price. In fact, I just have to wonder OK, you got the coin, but now what? Will everyone else think, gee, I must have another babillion dollar coin as well? AND Oh gee, there goes the market for another year? Ansswer YES, and it is very frustrating. BUT, patience prevails.
This does not diminish, that there are some folks who will spend the money on that coin. After all of this, the fun of collecting is in the hunt and lets face it, in getting the coin.
My opinions on folks who spend a gagillion bucks on a coin is fine AS LONG AS they do not come back, 5 years later and tell the world how unfair everything is.
<< <i>
<< <i><< Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down.
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down. >>
<< <i>Cool! But it is only a '64 proof set. >>
Do you enjoy looking stupid?
Russ, NCNE
<< <i>
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down. >>
<< <i>Cool! But it is only a '64 proof set. >>
Do you enjoy looking stupid?
Russ, NCNE >>
Do they come any more stupid than a drunk diabetic (or, is that diabetic drunk?)?
<< <i>
<< <i><< << Yes but how many $7 sets did you buy until this one showed up? >>
Since I only buy these sets sight-seen at shops and shows, not very many.
Russ, NCNE >>
That's funny. I seem to remember lots of threads started on here a few years back about how different people like me and Marty sniped you on ebay. But, maybe you consider a picture sight seen. >>
If you remember sniping me on a 1969 proof set, you must have been drunk at the time. I don't chase anything later than 1967 on eBay.
Russ, NCNE >>
Read the fifth post down. >>
<< <i>Cool! But it is only a '64 proof set. >>
Do you enjoy looking stupid?
Russ, NCNE >>
You're the stupid one. You got outbid on a 64 proof set, but still say you don't bid on them on ebay.
All the name calling in the world won't erase the fact that you're full of BS.
The name is LEE!
(This may be why he specifically mentioned that he does not bid on 1969 proof sets)
<< <i>Do you enjoy looking stupid?
Russ, NCNE >>
You're the stupid one. You got outbid on a 64 proof set, but still say you don't bid on them on ebay.
All the name calling in the world won't erase the fact that you're full of BS. >>
It's possible I typed more words than your pea brain is capable of absorbing, so I'll seperate out the relevant sentence for you. Please read it several times so that you may have a chance of comprehending it. Here it is:
<< <i>I don't chase anything later than 1967 on eBay. >>
Last time I checked, 1964 is not later than 1967.
Russ, NCNE
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.