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Groszy's Last 20 Posts
| "Sell To Apmex" Reviews Please
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Groszy
Pillar of the Community
United States
589 Posts |
 Posted 01/26/2021 3:07 pm
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APMEX is good for selling. The price is locked in, what you're quoted is what you get...provided everything checks out on their audit of the metal once they receive it.
The thing to factor in is the cost to ship it. Do you want to do standard Priority? Express? I'd suggested Registered, even though it's more expensive. USPS, anyway. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Harriet Tubman Will Replace Andrew Jackson From The Face Of The $20
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 01/26/2021 3:02 pm
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I really don't like the photoshopped note designs that have been shown by the media. Just replacing Jackson with Tubman? Not changing anything else? And using an, in my opinion, unflattering photograph of Tubman.
Does anyone know (I can't be arsed to Google it at the moment) how new note designs are approved? Is it similar to coins, a committee's involvement? Or does Janet Yellen (as the Secretary of the Treasury) just get to be all "Tubman on the $20, Jackson be damned. I said it, so shall it be"?
Can we just have a new Educational Series? I'm growing tired of hearing about Note changes. Whatever happened to the $10's redesign with Hamilton moving to the reverse? Wasn't it supposed to be released anyway, regardless of a portrait change, last year due to the lawsuit pertaining to blind people not being able to adequately differentiate the denominations?
Or just outsource our notes to a nation that can get things done? |
| | Forum: US Paper Money and Banknotes |
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| Proper Storage For Small And Large Bills?
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/27/2020 10:06 pm
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I think soft sleeves and hard folders is a little overkill. Hard folders are bulky, in my opinion.
There's nothing wrong with getting soft mylar or polyester holders, or getting mylar album pages and getting a nice three ring binder.
Just avoid PVC. |
| | Forum: US Paper Money and Banknotes |
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| Researching What Caused The Raised Areas In The Spitting Eagle Variety
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/27/2020 4:47 pm
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Higher resolution photos would be required to make an accurate attribution of the coin.
Quote:
Its nearly in MS condition. It may well be an UNC.
There's no such thing as an Uncirculated coin that isn't MS. MS means "Mint State" and "Uncirculated" is an adjectival term for a Mint State coin.
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What should I do with it?
That's completely up to you. As a general rule, if the coin isn't worth around $150 minimum, it won't offset the cost to get it graded. You're more than welcome to have it graded, however. What to do with it is more a question of "what do you want to do with it?" Do you want to keep it, or sell it? If it's the former, put it in a nice 2x2 and write down its attribution and keep it. If it's the latter, then either slab it, or try to sell it, with attribution and higher resolution photos. --Trust me, higher resolution photos are your friend with coins. |
| | Forum: US Modern Variety and Error Coins |
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| Elizabeth I Sixpence
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/08/2020 8:03 pm
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| Pardon my uneducated question, but how would two numbers of the date be completely removed without having more of a uniform wear pattern around the date? Silver's soft, but come now, sterling issues of the past century show more of a uniform wear pattern. |
| | Forum: World Coin Grading |
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| Act Of Union Coin Misprint And Discoloured
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/08/2020 7:55 pm
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Quote:
The writing around the edge of the coin 'UNITED INTO THE KINGDOM' is upside down
Quoting from an eBay listing.
Is that what the suspected error is here?
I don't know enough about coin minting processes, but if it's anything like in the United States with edge lettering, it's added after the strike, rendering Type A and B Sacagawea/Native American/Presidential Dollars, with Type A vs B being the direction the edge lettering is going, either up or down from a "defined" point of reference (either obverse up or down).
As far as the color, it would appear that it's not possible to be struck on an all cupro-nickel planchet. The outer nickel-brass ring is pierced, which I would interpret to mean that a smaller cupro-nickel center blank is created in relatively the same size as it is found in the two pound coins, and put in the outer ring.
https://www.thesun.co.uk/money/4137...metal-money/
Unless it's been struck on a fifty pence planchet...what does the coin weigh? |
| | Forum: United Kingdom (Great Britain) Coins |
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| Dollar Bill With A Ink Transfer Smear
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/08/2020 7:18 pm
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Neither, looks like ink transfer from a currency counting machine. I don't know how the TPG's consider those types of ink transfer when they're near the edges of the note, but that one goes into the design.
Also, it might be a star note, but in that condition it's only worth face value. |
| | Forum: US Paper Money and Banknotes |
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| Discount Forever Stamps Question
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/07/2020 7:52 pm
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Yes. It is illegal.
To reuse stamps.
The question becomes: have these stamps went through the system? It's only illegal to knowingly reuse them. For all you know someone was going to mail out a lot of things, say Christmas Cards, say Wedding Invitations, etc., and due to wrong addresses or a failed engagement, decided to cut them off and try to sell them.
I mean, we can be probably very sure they've been through the system...
It happens. If your Post Office has any sort of "keep local mail local" instead of sending it to the sorting facility, if it's non-machinable, if it's a parcel, if the stamp is affixed but isn't in the right location on the envelope.
https://www.law.cornell.edu/cfr/text/27/479.163
According to that, you can't even remove your own stamp if you massively screw up the envelope before depositing it into the mail.
Will anyone actually care if you remove your own stamp if you haven't deposited it into the mail system? Probably not. Will anyone care if you reuse uncancelled stamps that have went through the system? Yes. But it depends...there's always the few people that attempt to reuse Presorted Standard stamps and they just get it returned to them as Postage Due.
Postal Inspectors don't have the resources to prosecute everything.
But, as to the legality of reselling used uncancelled stamps? My reading of the linked law speaks of attempting to remove the stamp. The eBay sellers aren't attempting to remove the stamps from the paper, are they? |
| | Forum: eCommerce | eBay, eCrater, Heritage, Paypal, Auction Houses, etc. |
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| Question: Other Than Finer Definition In A Coins Devices
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/06/2020 7:26 pm
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You can say once a proof always a proof but the reality of it is that Grading companies and dealers will not recognize a circulated proof as a proof if it's not almost perfect in every way.
Once a Proof, it's always a Proof. Remember, the term "proof" refers to the process by which the coins are made and not to the condition of the coin. It's a specific minting process.
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why is it so difficult for someone to distinguish between proof and business strikes when a circulated proof loses scant metal due to handling
Due to the simple fact that what most obviously makes a Proof a "Proof" is the finish of the coin, if that finish is removed by circulation wear, then it automatically renders the coin "harder" to say whether it was a proof.
Again, it's a specific minting process, there's more to look at that strictly the finish of the coin.
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No one in there right mind would attempt to fake a $1000 coin.
I bought two CC Morgans once. For $14. Bid it right up starting from 0.01 on eBay. Years ago. They were fake, obviously. I still have them. Just to remind myself, if it's too good to be true, it is. Sometimes you legitimately stumble upon really good deals (I seem to recall someone on here several years ago picking up a still-sealed Cheerios Dollar for somewhere around $10...if it were cracked out and be a Cheerios Dollar, as opposed to being a normal standard dollar that got distributed in the Cheerios boxes, it'd be a $5000 coin)
And it does go into the millions. Take a standard steel cent, copper plate it, and boom. You've got a 1.7 million dollar coin, you'll never send it in for TPG authentication as it'll be plain as the day is long that it's fake. But, try to sell it on eBay? Or to an uneducated collector? You could net a few thousand dollars for it, getting the buyer to believe they have a million dollar coin!
https://www.PCGS.com/news/PCGS-cert...r-17-million
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You can't find one in circulation because it will NEVER be authenticated without it in its case and in near perfect condition
This is not true. There are signs of it being a proof, even if it were worn. Is it possible that it could reach a point where it couldn't be determined anymore? Yes. But if you're focused on the mirror-like surface, then there must be enough there to make a straight-forwarded determination.
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I'm not sending this coin in
Short of sending it in, you'll never know. You can either accept that it isn't a proof, or pay the nominal fee to know, if you firmly believe that it is what you think it is.
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I was thinking that there were some very smart people that could tell if a coin was authentic or a fake or a proof strike just by examining it
Photographing a coin is hard. Look at the people asking for opinions on what kind of coin photographing set up to buy. You can take good photos without a nice set up...but you'll need to take high-resolution photos, different angles, farther away, closer up. Obverse and Reverse. If you're getting a glare, try to photograph it under different light.
Also, photographing is not the same as "examining" it. You can photograph a coin, and it can "appear" legitimate...but if you actually held that coin, and looked at that coin in-person, you'd clearly realize something's wrong.
The people on this forum can only do so much, with what is provided to them. We're here to help, or try to. But we also expect you to want to learn. We can't help you if you're unwilling to learn and are adamant about things which just aren't true.
For example, if you wanted to learn all there is to learn about Proof coins, I'm certain if you were to ask a general question, someone would be willing to point you to dozens of forum posts, or other websites where you could read and learn. If you had further questions, I don't think anyone would have a problem with helping you, so long as you showed some degree of trying to understand. |
| | Forum: US Modern Coins |
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| Question About Roosevelt Dimes Obverse Appearance
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/06/2020 2:10 pm
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Quote:
Are you saying the dime in the photo is a proof dime?
Check out his other topics. He's convinced his dime is a 1975 proof, No-S.
@Davere: If it is what you think it is, let me suggest a couple of things...
1. Do not hold the coin like that. Only hold it by the rim. The oils of your hands could damage it.
2. If you're going to hold a coin, that you believe is one that sold for $456,000, wear a pair of cotton gloves. Protect the coin from further damage.
3. Send it in to PCGS or NGC for proper grading and attribution.
You can ask as many questions on here as you want, but you're only going to get opinions. I'm willing to bet all of them will be "you have a business strike"
From photos from a previous thread of yours, the coin looks harshly cleaned. If you buff up any coin like that, you'll create a mirrored surface.
http://goccf.com/t/285045
Check out that thread, things to look at to determine a Proof: the rim should be even all the way around the coin. The obverse of yours does not appear so. It appears to be heavier on one side. Additionally, as each coin is struck twice, there should be some minute doubling on letters and devices. Or at least, it should be expected.
Photos of the two known coins: https://www.PCGS.com/coinfacts/coin...0c-no-s/5254
Furthermore, it should be noted that IF your coin is legitimate, it won't be worth $456,000. Right off the bat, the value of all of the coins will be reduced (theoretically), there will be three instead of two. Secondly, your coin, IF legitimate, will not be as high of a grade, and will have serious problems.
Am I saying it wouldn't be worth some money? No, not at all. I just suspect you'll be hard pressed to find a collector willing to spend those sums of money for a seriously damaged specimen. I could be wrong, but I'd place a reasonable estimate of $30.000-50.000 for it, IF it were legitimate. It would be a rather rare coin after all.
But no one would ever buy it unless it were graded and attributed by a TPG. From my reading of NGC's terms, their Guarantee doesn't cover attribution of variety (it would guarantee the coin as a Proof 1975, and would only pay out the few dollars that a standard proof is worth). From my reading of PCGS's guarantee, variety attribution is guaranteed.
My best suggestion for you: send it in. Pay for the service. Don't call them and inquire if it is what you think it is. Just knuckle down and spend the $50 (?) to have it graded with attribution (The cost is $18 added to the level of service utilized. For example, if you chose a Regular service level ($32/coin) plus variety attribution, your grading fees would come to $50.) https://www.PCGS.com/varietyfaq |
| | Forum: US Modern Coin Grading |
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| Copper Coin Designations
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/05/2020 5:09 pm
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I'm not quite sure "designation" is accurate, but we're going with it.
For Copper Coins, including standard bronze or copper plated, we have Red, Red-Brown, and Brown.
But what about other copper compounds? Like Nickel-Brass, or Nordic Gold, or Manganese Brass?
Clearly they oxidize.
Are there any terms used in Numismatics to describe a "Red" Nickel-Brass coin from a heavily oxidized "Brown" nickel-brass?
Or "red" and "brown"? Even though that's technically inaccurate? |
| | Forum: World Coins and Commemoratives |
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| Is A Proof Coin Really Always A Proof Coin?
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Groszy
Pillar of the Community
United States
589 Posts |
Posted 02/05/2020 4:35 pm
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Quote:
if the mint says its a proof struck dime ive got a chance
I don't think the US Mint is going to tell you if it's a proof, so much as they'll just verify that it's authentic.
That is, of course, if you can convince the US Mint to do that for a dime. |
| | Forum: Main Coin Forum |
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