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The United States Mint announced that the 1938 classic rendition of President Thomas Jefferson's Virginia home of Monticello by Felix Schlag will return to the reverse of the Nation's 2006 nickel. However, the design will be crisper and more detailed than Americans have seen it in recent years, having been carefully restored by United States Mint Sculptor-Engraver John Mercanti, using Schlag's original artwork. Over more than 65 years of production, the United States Mint had slightly modified the design for technical reasons, such as die life extension. But now the Nation's five-cent coin will display more of Schlag's artistry. Your thoughts?
There's no denying this reverse die gouge is hot right now. But, is it all hype? Next year will they still be selling hot? Will the next "error" drown this one out? My guess is it will go in the toilet. Let's face it, you can find an "error" on just about any coin if you look hard enough. What do you think?
Are you surprised they haven't sold out yet? I thought I had read that the production of these sets stopped a few weeks back. Aren't the new ones due out in a week or so? I would have expected the Bison 2 Roll sets to sell out. Does anyone know how many sets the mint has made? Are those numbers available? Thoughts on the future value of these sets?
You gotta see this coin we just listed!
This is a very beautiful 1794 Liberty Cap copper large cent. It has been graded by ANACS to have EF details, corroded-cleaned, VF30 net condition. The corrosion qualifier refers to slightly roughened surfaces on the coin. There is no verdigris or other corrosion that I can find. The cleaned qualifier is not a surprise as most of these old coppers have been cleaned at some point during their lifetimes. The details on this coin are breathtaking. Stray marks are minimal. The white area on the reverse rim by TED is the holder, not a rim bump. The coloring is a nice, even chocolate brown. This is the Sheldon S-46 variety with the crossed E which has a rarity rating of 2.
Come check out the auction! Click Here.
"National Dealer" posted another stunner. Priced as a cheap house, but worth every last cent. Call the morgage company and reserve this one today!
1892 S Morgan PCGS MS65! Come read about this beauty!
The following article was wriiten by Daniel J. Goevert, owner of US Coin Values Advisor.
Why waste everyone's time? Let's skip the appetizers and get to the meaty stuff right now: The Morgan silver dollars poised to increase the most in value in the years ahead are the 1895, 1892-CC, 1894, 1878-CC, and the 1883-CC. Pretty bold prediction, eh? At this point, the reader now has three options... Click here to read the entire article.
Ok, stop by the forums and test your grading skills on this one. We have larger images on the forum. If you're scared, just say your scared. :-)
I call a local dealer to inquire about proper storage material for the time being. I told him that I had just received a collection and needed to try the best I could to protect it from the elements. He immediately ask if the collection is for sale (mind you, I haven't told him AT ALL what I have). Once I tell him no, that was the beginning of the end. He became short and wanted to get off the phone. Well, I arrive at the store and the two men behind the counter never even acknowledge me being there until I introduced myself as being a recent caller. Did they ask if I needed assistance? NO!!! Did they move from behind the counter to assist me? Not a chance. In fact, I am shocked to see coins landing by my feet. He is pulling coins from 2x2s and throwing them into this sort of grab bag in the center of the store. He is missing and they are landing next to me. How rude!!!
Well, I want to keep this short. I understand that people need to make a living. However, I am that one customer that you don't want to upset. So....my money will go somewhere else. I am sure there has to be a local dealer that wants to both earn a living as well as keep a return customer.
or should I say industry. The following is a quote from a well known numismatist that accompanied a mail out price list. It is from his farewell letter concerning his relinquishing management of a coin business.
"What was once a pastime or hobby has evolved into a billion dollar industry."
When is the last time the U.S. Government didn't involve itself with regulation over a billion dollar industry? What does everyone else think? Is it inevitable? Some states have already made a quasi division between hobby and industry with the $1000 sales tax cutoffs. I.E. below $1000 would be hobby and $1000 and above would be considered investment thus industry?
I don't know how or what, but I don't see some sort of government regulation not happening.
Posted by a brand new forum member:
I am new here, I have just started my coin collection again, after putting it aside for the last 13 years or so. Started when i was 10 and collected heavily for a while then school got in the way...well school is over, 13 yeas later and i am starting again. I have two questions first being of corrosion. Not know any better i have stored my coins in Whitman blue folders. i now know that this was a bad idea but se la vi. But I have a worse concern... My quarters and dimes have started to corrode around the edges. the corrosion is blue and hard and has eaten some of the coin away. This is bad because some are uncirculated. first what is it and should I clean it off? Next I have been buying proofs and uncirculateds for a long time now. Should I remove the uncirculateds from their plastic and put them somewhere safer or leave them in the original plastic? I will leave the proof where they are, but i was not sure what the policy is on Uncirculateds. Storage is a questions that comes up a lot here and I am really not sure how to go about it. I am thinking 2x2's then something better for valuable coins. Anyway any help would be great. I did not think the Whitman books would corrode coins! By the way it was only the books with a dark blue inside.
Come see the answers and put your 2 cents in.....
About 90 % of the posts I have read have in one way or another said something about a coin's "value" or asking if it will be "worth" more than...etc.
They have what seems like a built in question of "is it worth it" or "will it make me some profit" attached to the thread. When a graded coin is discussed, it is often spoken of as to grade and the associated "value" attached. Resubmits to raise the grade and assure a automatic raise in "value" when sold, etc.
Question for everybody. If you were to eliminate the "value", "worth", "profit", would you still be a coin collector? If so, why?
Forum member Errorcoins has sent off his very first discovery submission to ANACS. He sent in 5 Bisons to get graded and named. These are discovery pieces and we're all looking forward to seeing his discovery on the label. Very cool Indeed!!!
How many of you do this? What is a good route to go with them? I am assuming you purchase the bag of choice and search through it for errors etc, then cash in what you don't keep? Tell us what you do.
I just returned from vacationing in Chattanooga. My wife loves antiques, so we dragged our 2 year old through every Antique shop between Memphis and Chattanooga.
Anyway, in each of the stores that had coins, the dealers had them listed ABOVE the greysheet ask prices. What's up with that? For example, a common date 1964 Washington quarter was anywhere from $2 to $5.
Do these guys put them out and hope a sucker eventually comes along and pays that? Or do they actually sell the coins at these prices? If so, I need to set up a booth somewhere.
Anyone have any feedback on this?
Well, this is a surprise to say the least. ICG, Independent Coin Grading of Englewood, Colorado, announced today that it had recently certified a 1974 aluminum Lincoln cent. Over 1.5 million of these babies were minted in 1973 although they were dated 1974. All were supposedly melted down except for the one in the Smithsonian Institute. Do you think this one will be confiscated? Let us know what you think.
Join in the converstaion about a guest commentary in the July 4 issue of Coin World by Weimar White. Weimar has been a chemist for 42 years and specialist in Carson City coinage and member of the LIberty Seated Collectors Club, American Numismatic Association, and American Chemical Society. His story suggests that toning actually removes metal from the coin. So, does this mean the coin is technically damaged? Read about his experiments and give us your opinion.
When sending in slabbed coins from other TPG's, do they get the attention from PCGS that they deserve or does PCGS just assume that they don't live up to their standards automatically? The discussion is very interesting. Please come let us know how you've made out with your cross-overs from PCGS.
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