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Gyrene7483's Last 20 Posts
Thoughts On This One, Would You Buy It?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 08/25/2015 02:30 am
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I love the toning but, the very weak strike prevents me from buying it at any price.
The Walking Liberty half collection 1933-S - 1947-D set I am assembling all have full heads, hands, and flag lines oh the left leg on the obverse and full feather detail on the eagle's chest and legs on the reverse. They grade MS64-65 with nearly all of them having various amounts of toning. I do not care for blast white that much. |
| Forum: US Classic and Colonial Coins |
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Coolest Coin You Have Had In Hand?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 08/07/2015 08:30 am
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A matte proof 1915 Panama Pacific half dollar at the Long Beach show directly from the safety deposit box of the designer. He owned 10 of them and all 10 were sold at that show. Initial price was $10,000.00. I am sure that by the end of the show they could not be bought for that. |
| Forum: US Modern Coins |
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How Do You Get Your Coin Fix When Your Budget Is In The Red?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/15/2015 3:50 pm
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Quote: Just remember, if there is one and only one thing that separates a collector from an accumulator is that the collector has a list of the coins they have and an accumulator just "remembers". The next quote was in response to this one.
Quote: A person who fills albums/folders filler does not automatically make them a collector even with their lists. It just makes them an organized accumulator. |
| Forum: Main Coin Forum |
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How Do You Get Your Coin Fix When Your Budget Is In The Red?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/15/2015 01:49 am
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Quote: How do you get your coin fix when your budget is in the red? I browse the internet looking for just the right coin to fill a slot in my collection.
I bookmark the page the coin is on. I will do this for several coins so I can compare quality versus price and delete the ones which do not measure up. When the funds are available I have a selection to choose from.
Then the process is repeated. |
| Forum: Main Coin Forum |
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How Do You Get Your Coin Fix When Your Budget Is In The Red?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/15/2015 01:34 am
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Quote: Just remember, if there is one and only one thing that separates a collector from an accumulator is that the collector has a list of the coins they have and an accumulator just "remembers". What separates a numismatist from a collector is a numismatist studies the history of the design and why there was the quantity of that date/mm struck for the coins he/she collects and other things and owns the in depth books written by the specialists of that particular series.
A collector buys the basic books, maybe but not always, required to have a basic knowledge of coins and typically does not own any in depth studies of the coins they collect.
A person who fills albums/folders filler does not automatically make them a collector even with their lists. It just makes them an organized accumulator.
A lot of "collectors" on this forum do not even own a Red Book much less any book related to the series they collect. I know this by their posts stating what they collect and the basic questions they ask which would not be asked if they possessed, and read, the proper reference books. |
| Forum: Main Coin Forum |
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Using Proofs For 20th Century Type Coin Set Opinions
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/15/2015 12:50 am
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There were no proof Standing Liberty quarters so a complete proof 20th century type set is not possible. The 1921 & 1922 matte proof Peace dollars are extremely rare but, the rest of the coins for this type set can be done in proof if one saves their dimes and quarters.
I have assembled a couple of 20th century type sets and am working on a third which includes the gold and I personally do not like mixing uncirculated with proof coins. The contrast in the finishes is too distracting for me.
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| Forum: US Modern Coins |
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Maple Leaf & Libertad Type Sets
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/13/2015 6:38 pm
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I got my information from APMEX by looking at when the obverse or reverse was changed. I did this list late at night and was very tired so I am not surprised I got some of the dates wrong. I also did not notice the two types for 1991. Thanks for clarifying these for me. I knew if I did not have it right someone, you, would set me straight. I would not count the 1987 double die as it is a manufacturing error and not a planned design change.
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| Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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Selling Copper Cents
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/12/2015 03:35 am
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If the cent is ever discontinued I can see bags of 95% copper cents trading for their intrinsic value plus a small premium much like 90% silver. Would it be worth hoarding large amounts of these cents for years in that eventuality? No. Is it worth paying a premium for them now? Definitely not. Dump them and use the money to buy coins which will fill holes in your collection or buy 90%/999 silver. |
| Forum: US Modern Coins |
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Funny Story
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/11/2015 05:28 am
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Quote: Then he pulled a note out of his pocket that read: If your (Should be you're) reading this I'm sleeping If the guy was asleep he sure was not when he pulled that note out of his pocket. |
| Forum: Main Coin Forum |
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Today's Flea Market Score - Franklin Half Dollars!
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/06/2015 12:13 am
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Quote: but I ended up spending so much when prices were high that I actually got burned out and couldn't bear to buy anything at lower prices I have sold silver to people when it was in the $30.00's and they just would not buy any when it dropped down to the lower $20.00's which made no sense whatsoever. They and you should e buying as much as you can now so you can cost average the silver you bought at the higher levels.
Cost averaging is combining the totals paid at different levels divided by the number of units purchased. The result is a lower cost per unit.
10 Morgan dollars purchased at $35.00 each ($350.00) plus 10 Morgan dollars purchased at $30.00 each ($300.00) and 20 Morgan dollars purchased at $22.00 each ($440.00) equals 40 Morgan dollars with a total cost of $1090.00 which equals an average each of $27.50. The more you buy at the lower lever reduces the average that much more.
That is why you should always buy in a decreasing market so when it does turn around and go up you can sell at a price which is much lower than the highest price paid. |
| Forum: US Modern Coins |
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My First Carson City Morgan Dollar!
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/04/2015 11:10 pm
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It is hard to believe this is your first CC dollar. It has been long overdue so congratulations for achieving this milestone!
In Q. David Bowers' Red Book on Morgan dollars he states that the spitting eagle variety is actually more common than the non spitting eagle. However it is a very interesting sight to see an eagle spitting. |
| Forum: US Classic and Colonial Coins |
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MS 69 Morgan On Ebay
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/04/2015 12:58 pm
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Quote: It's not PL, so I'll pass. ChildOfTheWheat you don't have that kind of money to buy it anyway. You also have no clue as to the true rarity of this date at that grade level. If it were PL it would be at least a $60,000.00 coin. |
| Forum: US Classic and Colonial Coins |
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Picked Up A Few Upgrades For Dansco Type, Halves And Dime
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/04/2015 12:48 pm
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I would never, ever crack a coin out of a slab that has a green bean. If I needed one for an album I would buy a suitable non stickered coin to crack out.
I had also been advised years ago it is not a wise thing to crack out MS-65 or higher graded coins.
But, they are your coins and if you want to release them from their plastic confines that is your choice. |
| Forum: US Classic and Colonial Coins |
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Any Studies On The Franklin Half?
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Gyrene7483
Pillar of the Community
United States
1704 Posts |
Posted 07/04/2015 12:30 pm
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Quote: which discusses the mint melting large numbers of silver coins (to be made into different coins - not sure why that made sense). Think about it for a minute. New silver coins are 90% and old silver coins stored in Treasury vaults are 90%.
If they need more quarters and do not have enough in their vaults to satisfy the demand they melt enough of the other denominations to make new quarters. Then they just roll out the freshly melted 90% silver to the thickness of quarters and strike what they need. All done inside the Mint. By repurposing those coins they save money by not having to have to alloy new 90% sheets for the planchets. |
| Forum: US Modern Coins |
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