CoinTalk http://www.cointalk.com/ Coin Talk Forum: Where Numismatists, Collectors, Dealers, and Novices Gather to Discuss Coins en Thu, 17 May 2012 09:25:20 GMT vBulletin 60 http://www.cointalk.com/images/misc/rss.png CoinTalk http://www.cointalk.com/ Found some of grandpas stash! http://www.cointalk.com/t206459/ Thu, 17 May 2012 08:49:58 GMT Found some sweet rolls of pennies from the bank I found one nice pile of wheaties and some nice red 60's
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Along with the wheaties I found some dandies
two 1909 VDB's 1909 and some nice Red wheats

heres some pics of the nice coins :smile

The gem of the group a beautiful 1909 VDB!!!

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A 1909

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Another 1909 vdb :( its scratched

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And some other goodies:

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Lots of other nice wheats there but cant take pics of them all!
Gotta go back to that bank and see if I can get some more of them rolls :) ]]> Coin Roll Hunting Noobismatist http://www.cointalk.com/t206459/ paper currency collector http://www.cointalk.com/t206458/ Thu, 17 May 2012 08:15:49 GMT Hello I am a collector of paper currency both American and world. Have been in the hobby for about 6 years I'd say and just joined to learn and share knowledge about this great hobby. ]]> Introductions system78 http://www.cointalk.com/t206458/ The Market Acceptability of Rainbow Toned 1945-P PCGS MS67 Jefferson Nickels http://www.cointalk.com/t206457/ Thu, 17 May 2012 08:10:53 GMT Occasionally, the numismatic community sees a group of wildly toned coins enter the marketplace. They are usually very attractive, high grade, and have many indicators that the toning is natural. These coins are graded by the TPG and the toning is deemed market acceptable. However, over time,... Occasionally, the numismatic community sees a group of wildly toned coins enter the marketplace. They are usually very attractive, high grade, and have many indicators that the toning is natural. These coins are graded by the TPG and the toning is deemed market acceptable. However, over time, with the introduction of more coins with the same patterns and color scheme, the acceptability of the toning is called into question at which point the TPG stops grading the coins and deems the toning questionable.

This happened with the Appalachian Hoard of Jefferson Nickels in 2000 which were graded by NGC. The initial group of Appalachian Jeffersons consisted of several rolls of wildly toned premium gem war nickels. However, in the months after the initial dispersement of the coins, another batch with similar toning but more indicators of artificial toning came to light. Some of these coins also made it into NGC slabs but eventually the toning patterns and color schemes were deemed questionable by NGC and the grading of such coins came to a halt. At the same time, this change in market acceptability called the originality of the toning of the original Appalachians into question. PCGS was not immune to this phenomenon as evidenced by the Peacock IKE's which would be deemed questionably toned under today's standards. The point is that the TPG's over time can and will change their opinion about the market acceptability of certain toning patterns and color schemes within a series of coins.

Over the last 3 years, a number of insanely toned 1945-P Jefferson Nickels have showed up in PCGS MS67 slabs and have realized incredible premiums in the marketplace. The premiums were so high in fact that they single handedly inflated the PCGS Price Guide of the issue for which the current population is 36/0 (5/2012). I submit that these coins could very well be the next group of toned coins that lose their market acceptability. First, lets take a look at the specimens that have entered the market over the last few years and the prices that they have realized.

The March 2010 Baltimore Auction Lot #577. 1945-P Jefferson Nickel. MS-67 (PCGS). $3,738

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The August 2010 Boston Rarities Sale Lot #325. 1945-P Jefferson Nickel. MS-67 (PCGS). $1,668

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The January 2011 Tampa Bay Rarities Sale Lot #328. 1945-P Jefferson Nickel. MS-67 (PCGS). $1,726

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2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169 Lot 3700 1945-P Jefferson Nickel MS67 PCGS $1,380

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2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172 Lot ? 1945-P Jefferson Nickel MS67 PCGS $?,???

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After viewing these auction results, it is indisputable that these coins are both beautiful and valuable. An untoned PCGS MS67 1945-P Jefferson will usually cost $400-$500 while these coins are routinely driving premiums of 4-5X that amount. Whenever we see that type of monetary incentive, diligence dictates that we place these coins under closer scrutiny. After researching these coins, there are several reasons that I believe that this toning pattern will eventually be deemed questionable by the TPG's.

1) Unique Toning Pattern/Color Scheme: I have been an avid collector of rainbow toned Jefferson Nickels for over 5 years and have seen thousands of rainbow toned Jefferson War Nickels. I have never encountered this toning pattern/color scheme on any Jefferson Nickel. The toning pattern is not consistent with what is typically found on an album toned Jefferson Nickel. It is also completely different from the pink & lime green toning found on the Appalachian Jeffersons. The hues of magenta and cyan found on these coins is much deeper and darker. Given the fact that this pattern/color scheme does not exist on any other date/mm and that there are multiple examples of this date/mm in combination with the inconsistency with respect to typical album toning, we must conclude that the toning on these coins was not created by album storage. That in itself does not condemn the originality of the toning but the fact is that most rainbow toned Jefferson Nickels are target toned examples caused by storage in a coin album. Perhaps these coins are the result of being stored in paper rolls much like the story surrounding the Appalachians.

2) MS67 Only: All of the coins that exhibit this type of toning that have entered the market are all graded MS67 and are of the highest quality. When we consider that there are only 36 coins graded at this level by PCGS, the fact that 5 (or more) of them exhibit the same unique toning pattern/color scheme is very suspicious. It is certainly possible that these are simply the finest examples that came from a roll or two of nickels. But if that were the case, why wouldn't we see some MS65 and MS66 examples with the same toning pattern? They would certainly drive significant premiums equivalent to many multiples of bid and it is not out of the question that they would achieve the price of an untoned MS67. So if these coins came from complete rolls with varying quality, it seems inexplicable that only finest examples would be submitted for grading given the obvious financial incentive to submit all gem grade coins. This really only leaves us with two possible remaining scenarios. Somebody hoarded the finest 1945-P Jefferson Nickels and then stored them in such a fashion that all of them developed fantastic rainbow toning resulting in a 4-5 fold increase in their value. The other scenario is more sinister and IMO more likely, these coins are work of a coin doctor.

3) Questionably toned examples: The downfall of the Appalachian Jeffersons was that the second group of coins appeared to have more indicators of artificial toning than the original group. The first four coins shown above all seem to have natural toning despite how dramatic it may be. However, the last example shows similar toning which has gotten even more outrageous than the first four examples. The presence of vibrant emerald green reminiscent of a Morgan Dollar exists in two different parallel swatches. And while the yellow-magenta-cyan color progression seems to be intact, I can remember no other time that I have seen emerald green yield to russet/orange. Typically, emerald green is followed by a much deeper shade of magenta such as violet. On all of the other examples, the hue of green that borders this russet/orange color is lighter and less vibrant. And while this alone might not condemn the toning, it does make it unlikely that it shared the same toning source as the other examples.

The purpose of this article is to inform collectors of rainbow toned Jefferson Nickels that even though they are graded by PCGS, a very real possibility exist that these coins are artificially toned and that in the future, coins with this toning pattern/color scheme may be deemed questionably toned by the TPG's relegating the already slabbed examples into a state of limbo. Personally, I have a more liberal attitude towards artificial and questionably toned coins and own a number of Appalachian Jefferson Nickels. But for those collectors who are not as tolerant and insist on the stability afforded by natural toning, my advice is to stay away from these outrageously toned 1945-P Jefferson Nickels and the significant monetary premium that accompanies them. ]]> US Coins Forum Lehigh96 http://www.cointalk.com/t206457/ <![CDATA["Off Limits" Episode on Travel Channel]]> http://www.cointalk.com/t206456/ Thu, 17 May 2012 06:57:27 GMT For those of you who missed it on 5/15/12, Don Wildman (the host), got to go behind the scenes at the Denver mint. They showed how they make the dies, stamped out blanks, etc. Supposed to be a pretty exclusive tour of the production floor, vault, etc. Saw stuff I hadn't seen before. I don't see the episode repeating in the next week, but you might look for it in the near future. ]]> US Coins Forum TexasTwister http://www.cointalk.com/t206456/ ANA Denver Deals worth noting http://www.cointalk.com/t206455/ Thu, 17 May 2012 06:24:22 GMT http://www.numismaster.com/ta/numis/...rticleId=25236


A $170,000 deal conducted on the floor of the American Numismatic Association’s National Money Show May 10-12 in Denver helped make the show a big winner for former ANA President Bob Campbell and his firm, All About Coins, Inc., of Salt Lake City.

Campbell sold a 218-piece collection of hobo nickels to Candace DeMarco Kagin of Tiburon, Calif. This collection of Buffalo nickels turned into artwork by the deft talents of Depression-era artists often known simply by their first names, such as Bert and Bo, had been assembled by Larry Frost of Park City, Utah.

Kagin said she was adding the coins to her own collection.... ]]> Coin Chat mrbrklyn http://www.cointalk.com/t206455/ Indian gold Coin Market http://www.cointalk.com/t206454/ Thu, 17 May 2012 06:20:20 GMT http://timesofindia.indiatimes.com/business/india-business/Special-edition-of-gold-coins-with-images-of-deities-monuments-boost-sales/articleshow/13196223.cms KOCHI: Special edition gold coins with images of deities or monuments have been driving the overall coin sales of NBFCs. However, the... http://timesofindia.indiatimes.com/b...w/13196223.cms

KOCHI: Special edition gold coins with images of deities or monuments have been driving the overall coin sales of NBFCs. However, the recent release of a special edition featuring an Indian Premier League (IPL) team's logo marks a new trend. ]]> mrbrklyn http://www.cointalk.com/t206454/ The moose finally struts onto a Canadian coin http://www.cointalk.com/t206453/ Thu, 17 May 2012 06:17:55 GMT About 75 years after Canadians began making a national pastime out of mistaking the caribou on their quarters for a moose, the Royal Canadian Mint is selling a silver coin that depicts the real deal — alces alces, the king of all deer, the namesake beast of Moose Jaw, Sask., and Moosehead beer. ... About 75 years after Canadians began making a national pastime out of mistaking the caribou on their quarters for a moose, the Royal Canadian Mint is selling a silver coin that depicts the real deal — alces alces, the king of all deer, the namesake beast of Moose Jaw, Sask., and Moosehead beer.

http://www.canada.com/technology/moo...976/story.html ]]> mrbrklyn http://www.cointalk.com/t206453/ Rare gold coin may fetch up to $4 million at Georgia auction http://www.cointalk.com/t206452/ Thu, 17 May 2012 06:16:22 GMT http://www.foxnews.com/us/2012/05/16/rare-coin-estimated-at-up-to-4m-to-be-auctioned-in-georgia/ An auction gallery in Georgia is selling what’s believed to be one of the rarest coins ever made in the United States — a $3 gold coin estimated to be worth up to $4 million.... http://www.foxnews.com/us/2012/05/16...ed-in-georgia/

An auction gallery in Georgia is selling what’s believed to be one of the rarest coins ever made in the United States — a $3 gold coin estimated to be worth up to $4 million.... ]]> US Coins Forum mrbrklyn http://www.cointalk.com/t206452/ And the excellence in photography award goes to ... http://www.cointalk.com/t206451/ Thu, 17 May 2012 05:08:52 GMT I'll never understand why people who sell coins on eBay want to make it as difficult as possible. Poor pictures, inadequate descriptions ... you'd think they don't want to make money. One seller I see all the time sells lots of coins, and always just photographs one side, which is the side without the date, and never says anywhere in the listing what the date is, because who would want to know that, right?

Here's my nominee for the excellence in photography. Apparently it was photographed during a power outage.
http://www.ebay.com/itm/bunch-of-coi...item3f17812de1 ]]> Hiddendragon http://www.cointalk.com/t206451/ my lowest serial yet http://www.cointalk.com/t206450/ Thu, 17 May 2012 05:00:37 GMT Attachment 177921 I just picked this up for about three and a half bucks. It's circulated, but the very low serial number caught my attention.
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]]> Paper Money tsalagi18252 http://www.cointalk.com/t206450/ Ebay: Illinois 17J Double Roller Pocket Watch Runs SERVICED! by LostDutchman http://www.cointalk.com/t206449/ Thu, 17 May 2012 05:00:10 GMT This is an Ebay listing by CoinTalk Member LostDutchman
Click here to enlarge $149.99
End Date: Friday Jun-15-2012 11:08:56 PDT
Buy It Now for only: US $149.99
Buy it now | Add to watch list


More... ]]> Auction Listings LostDutchman http://www.cointalk.com/t206449/ <![CDATA[Ebay: Sat & Sunday: Ancient Uncleaned, Unattributed & Rare Single Roman & Greek Coins]]> http://www.cointalk.com/t206448/ Thu, 17 May 2012 04:47:45 GMT Image: http://i1206.photobucket.com/albums/bb457/jjacobsc/JJFNLogoEbay310by90.jpg *Ending Saturday (5/19), Sunday (5/20) nights http://stores.ebay.com/Jackson-Jacobs-Family-Numismatics...
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Ending Saturday (5/19), Sunday (5/20) nights

http://stores.ebay.com/Jackson-Jacobs-Family-Numismatics


Besides our usual auctions of uncleaned and unattributed Roman & Greek coins, we're offering a few individual coins that are of more specialized interest.



SATURDAY:
1. A scarcer Greek (Aeolis, Kyme near Thrace) AE17 depicting an eagle on the rev. & one-handled vase on the obv.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=230788643841

2. A fairly common Constantine/SOLI INVICTO AE20 from Lyons.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330730301937


SUNDAY:
3. A Theodosius I AE2 GLORIA ROMANORVM from Antioch with a great, sand-on-black "as found" desert patina.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330733790750

4. Finally, an AE28 of Gordian III from Markianopolis with a Demeter reverse (Moushmov 761)
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=230791985661


All of our multiple coins listings--uncleaned or unattributed--start at $0.01. The four above start at $19.99 - $29.99, well below their usual estimated value.

We've also recently refilled our stock of Higher Quality Uncleaned $3 Coin listings and continue to add others.

Please visit us at http://stores.ebay.com/Jackson-Jacobs-Family-Numismatics

Thanks all for taking a look!

p.s. We have a sale (usually about 10%-15%) starting every Wed and ending every Thursday around noon...

 ]]> Auction Listings Curtis http://www.cointalk.com/t206448/ Ebay: Jefferson Nickel BU Toners! 1929,1936 Half Cents Great BIN! http://www.cointalk.com/t206447/ Thu, 17 May 2012 04:44:12 GMT Check out these great toners.

Check back this weekend for .99 cent auction galore on JFK Silver Proofs, Morgan Dollar Keychain, Struck Thru , Off Center Penny
and much more!Attachment 177916Attachment 177917Attachment 177918
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]]> Auction Listings dmott88 http://www.cointalk.com/t206447/ WTS: acid dated 1921-S Buffalo Nickel 2-1/2 Feather Variety and other semi-key dates http://www.cointalk.com/t206446/ Thu, 17 May 2012 03:43:31 GMT I currently have the following hole filler nickels for sale on eBay: ** click here to view items - eBay user ID: blackdiamondcoin **... I currently have the following hole filler nickels for sale on eBay:
** click here to view items - eBay user ID: blackdiamondcoin **

Low grade Liberty Head V Nickels
1884
1891
1895
1896

Acid dated Buffalo Nickels
1913 Type 1
1913-D Type 1
1913 Type 2
1915-D
1916-D
1916-S
1917
1917-S
1918-D
1918-S
1919-D
1919-S
1921-S 2-1/2 feather variety
1924-S
1925-D
1926-D ]]> For Sale coinsearch http://www.cointalk.com/t206446/ 1943 Copper Pennies http://www.cointalk.com/t206445/ Thu, 17 May 2012 03:36:03 GMT I have two 43 coppers.

The pics will heads and tails in sequence as follows:

1943 Copper:
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1943 D Copper:
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]]> Kavekreeker http://www.cointalk.com/t206445/