wbryan09's Last 20 Posts
| Proof 69-70 Question
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wbryan09
New Member
United States
32 Posts |
 Posted 02/26/2008 11:40 pm
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| My advice would be to evaluate whether you want to pursue only 69/70's. If so I would buy only PCGS coins that meet my grading choice. Though top tier TPG's , NGC and ANACS coins don't command the higher prices that PCGS coins bring. If you're new to coins I would expect that buying from the mint and choosing which to have certified would not be the best route to go. Although many experienced collectors do cherry pick from mint shipments it could prove to be an expensive learning experience. |
| | Forum: US Modern Coins |
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| Future Price Of Silver?
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wbryan09
New Member
United States
32 Posts |
Posted 02/26/2008 12:54 pm
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| If you look at the historical data from the last 25 years you'll see a rhythm of highs and lows, it's cyclic. Gold has been artificially high like this before and it always normalizes. But the plateau price continues to drift upward. Also, in times like these with economic and political uncertainty prices always spike upward. In a year I expect to see gold and silver well below what they are today, but a little higher than they were before the up surge. |
| | Forum: Main Coin Forum |
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| What Would You Do ?
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wbryan09
New Member
United States
32 Posts |
Posted 02/25/2008 11:17 pm
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Laura
I just picked up this thread. . . Yes that is a lint mark. As we were discussing in the other message thread, the QC and manufacturing standards are simply not up to par in recent years. I don't think it was a mistake to send it back, maybe you'll get a better replacement. It's just sad that the standards are so poor today. I have several coins in this recent shipment that bug me a little, but 3 pcs (out of 17) that are just not acceptable. In my business (electronic manufacturing) that would be an incredibly poor reject rate!
I see the same thing you're seeing. I'm a little surprised that the other thread where we were discussing this problem got so little attention! I've been collecting coins for more than 30 years and this is definitely a recently introduced problem (last 5 to 8 yrs?) and it is getting worse. |
| | Forum: US Modern Coins |
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| US Mint Qc Getting Lax?
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wbryan09
New Member
United States
32 Posts |
Posted 02/25/2008 11:09 pm
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| Yes, the Presidential proofs I received have numerous hairlines and what almost appear to be lint marks, very similar to your photo. However the issue with the poorly sealed cases is simply inexcusable! |
| | Forum: US Modern Coins |
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| US Mint Qc Getting Lax?
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wbryan09
New Member
United States
32 Posts |
Posted 02/25/2008 8:49 pm
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Has any one else noticed the lax QC and manufacturing standards with the newer coins and packaging? Yesterday I received a good sized and long awaited order of Presidential dollar sets both BU and proof, silver proof sets, and BU mint sets.
One of the Presidential proof set holders actually popped open in my hand as I was taking it from the sleeve! I'm not joking, if I hadn't been quick the coins would have hit the floor. If I hadn't been lucky I'd have autographed a handful of my new proof dollars. I proceeded to looked through each package very carefully and found 2 others that were not completely snapped together. The sets do not even approximate being sealed or airtite.
After looking at the fields on the proofs under low magnification they look significantly less than pristine! I compared some older sets (10-15yrs) and it looks as though the surface prep on the older coins is far better. Not to mention the packaging is far superior. I've been seeing what I thought was more lax QC for some years, but these 2007 items are a little disappointing! There's no doubt that the really high grade population (PF and MS) on these newer coins is going to be far lower than in years past.
Anyone else seeing the same type of things? |
| | Forum: US Modern Coins |
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| Presidential Coin Proof Delay
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wbryan09
New Member
United States
32 Posts |
Posted 02/20/2008 11:58 pm
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| I've been on hold too! The original email mentioned weather damage after the tornadoes in TN. However, today I received a shipping confirmation today! Shouldn't be long now! |
| | Forum: US Modern Coins |
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| BU To You?
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wbryan09
New Member
United States
32 Posts |
Posted 02/14/2008 8:34 pm
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| I know in the past Krause as well as others have differentiated coins from sealed sets (ie.; No handling issues due to bagging etc) from coins intended for eventual circulation (ie.; Especially in modern times bagged, even though they have no signs of actual 'use' or circulation). I think modern grading standards have evolved to some extent (for the better I'm not sure!) and that modern production and handling processes have definitely changed. It's just my opinion, but I think today there is not generally a distinction as you mentioned in your initial post. In 2007 I see lots of coins presented as BU that show bag marks, often more than I think are warranted by some of the high grades I see. I'm not encouraging anyone to use TPG's that do not believe there is any benefit in using them. But, I think that a judiciously graded coin given a numerical grade from MS60 up allows a way to distinguish between the true gem or choice coins from sets that are virtually perfect vs high grade UNC coins that may show noticeable bag marks and/or surface imperfections from modern mint and handling process without showing signs of true 'wear from circulation'. It'll be interesting to see what others add in this thread! |
| | Forum: World Coins and Commemoratives |
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| Glue On Coin
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wbryan09
New Member
United States
32 Posts |
Posted 02/11/2008 5:58 pm
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| The first step would be an attempt to identify the type of glue. Is it hard to the touch? Gummy? Sticky? Solvents are available for most adhesives. However many are volatile and might discolor copper. What type of condition is the coin in? Got a photo? |
| | Forum: Main Coin Forum |
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| This Makes Me Want To Vomit.
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wbryan09
New Member
United States
32 Posts |
Posted 02/10/2008 5:23 pm
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I saw one of these listings a few days ago, it was the first time I had heard of GCGS. I'm sure the uninitiated will assume they've found the mother load with this deal! Nothing in the listing implies that there's any certainty of silver! I'm not sure who they are selling to, but they have surprisingly good feedback. But with GCGS on the slabs I wouldn't expect any true 69/70 coins. I expect they're competing for bottom tier status like SGS and other self slabbers on ebay.
EDIT: I just went back and looked at theses again. They've mixed a couple of what look like First Strike logos into the treasure pile! What are the odds that you would even find ONE coin graded by a known TPG. LOL |
| | Forum: eCommerce | eBay, eCrater, Heritage, Paypal, Auction Houses, etc. |
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| Storing Coins
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wbryan09
New Member
United States
32 Posts |
Posted 02/10/2008 5:04 pm
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| I generally store circulated coins in mylar 2x2's and archival pages. Slabs are stored bagged & boxed in a dry safe. I keep everything of value / high grade in air tight storage. I always ditch 2x2's and flips that coins come to me in, opting for known archival materials. |
| | Forum: Main Coin Forum |
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| Storing Coins
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wbryan09
New Member
United States
32 Posts |
Posted 02/10/2008 3:47 pm
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Quote: just out of curiosity, does temperature/humidity affect the way you should store graded coins?
Temperature and humidity are two of the greatest factors in coin toning due to environmental conditions, especially with high purity/ high grade coins (BU/Proof; copper and silver). Exposed copper and silver react to various chemical impurities in the air. In the engineering world we use sealed environmental chambers to expose electronic devices to elevated temperatures and humidity. This greatly accelerates the damage caused by contaminates in the air. It's an extreme example, but in the presence of very minute amounts of common impurities, high heat and humidity can destroy metal finishes in a very short time. This isn't going to happen in an average household obviously. But coin toning is due to minor reactions with common chemicals in the air, heat and humidity just accelerate the process.
Back to your question . . . slabs are supposed to be airtight. But sometimes coins do tone after encapsulation. So if you have a coin you value, whether it's slabbed or not, heat, humidity and trace amounts of common indoor air pollutants are the enemy. Keep your coins in air tight containers away from heat, in a dry place. As pointed out through out this thread there are many things that can be used to store your coins in an air tight environment including ziplocks, special coin capsules, etc.
One final comment about safes, many [people keep safes in the basement, many basements are damp! In you have a new safe don't use it for valuable coins until you know it is going to be free of internal condensation! Many of the home security safes available have condensation problems. |
| | Forum: Main Coin Forum |
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| Weigh In On This ! Collecting New Modern Coin Theories.....
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wbryan09
New Member
United States
32 Posts |
Posted 02/10/2008 2:15 pm
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| I've heard two different stories on the incused edge lettering of the presidential coins. Obviously the mint was having some QC & production issues in 2007 and some were released without the lettering. I've heard recent reports that the problems have been corrected and the lettering will continue, it is still on the 2008 issues. Personally, I've kept all 'plain edges' I've been able to get. They'll likely be high dollar items in the future. |
| | Forum: US Modern Coins |
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| Hi, I Am New To Coin Collecting
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wbryan09
New Member
United States
32 Posts |
Posted 02/10/2008 1:24 pm
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I haven't been able to yet determine whether all are sold or not . . . But if you look at the detailed listing for the uncirculated coins you will see the following message:
Due to the increasing market value of platinum, the American Eagle Platinum Uncirculated Coins are temporarily unavailable while pricing for these options can be adjusted; therefore, no orders can be taken at this time. |
| | Forum: Main Coin Forum |
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| No More Dollar Bill!?
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wbryan09
New Member
United States
32 Posts |
Posted 02/09/2008 9:20 pm
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| This debate has gone on for ages. The government keeps signing new bills into act that authorize the issuance of new dollar coins and without fail, they don't circulate. Tremendous numbers of SBA's were made in 1999 in order to provide fodder for vending machines, but when all was said and done the majority were destroyed. In early times when a dollar was a significant amount of money the situation was different and the coins circulated widely. Morgans and Peace dollars found a home in the casinos and in local trade with folks that insisted on the silver standard. But today with the reliance on plastic the coins will never be used in daily life. But that's OK, as long as they keep making the proofs and mint sets, especially if they're silver . . . I'll buy em! But I won't carry them around in my pocket! I do however like the suggestion earlier in this thread about using the coins to pay government fees and taxes! ! ! |
| | Forum: Main Coin Forum |
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| Cleaning Dirt Off Of This 1829 Half Dollar?
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wbryan09
New Member
United States
32 Posts |
Posted 02/07/2008 8:51 pm
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| Slabbing is a personal choice. I only have coins of significant value certified. I'm certainly not an expert grader, but I think a pretty conservative grader. I would not expect the coin to grade above F or to be worth more than $70 or so. If you choose to have it certified keep in mind that there are really only 3 or 4 top tier grading companies (PCGS, NGC, ANACS, ICG) and that if the coin shows signs of cleaning they will likely return it to you uncertified. If you are new to certified coins I'd recommend reading in this forum about the TPG's (Third Party Graders)first. |
| | Forum: US Classic and Colonial Coins |
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| Cleaning Dirt Off Of This 1829 Half Dollar?
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wbryan09
New Member
United States
32 Posts |
Posted 02/07/2008 4:09 pm
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| I'm of the opinion that coins should NEVER be wiped or cleaned with any physical force or pressure no matter how minute. Obviously this is a well worn coin, but wiping and rubbing can leave marks that would destroy a coin in a higher grade. I recommend placing the the coin in a saucer of luke warm distilled water for 20 to 30 minutes, then rinsing well with distilled water. Gently pat dry (without rubbing) or use a warm blow dryer. If you're still not satisfied, you can try acetone. Follow directions regarding safe use of the chemical. If using acetone the coin will air dry quickly. |
| | Forum: US Classic and Colonial Coins |
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