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Old 03-05-2006, 12:42 AM   #33 (permalink)
Midas
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Join Date: Apr 2005
Posts: 796
Quote:
You can see that in the Heritage auction list you quoted.....some of the NGC coins went for the same price or higher than PCGS in some cases....that was more than likely a TRUE Franklin Collector.
Where? Maybe a NGC graded Franklin in 2006 sold for more dollars than the same grade from PCGS in 2003! Do you know how to compare 'real' dollars adjusted after a given time period. That is what we call, inflation.

After reading some of your comments, it occured to me that you may not understand statistical analysis or what is the differance between mean, mode and delta values. I thought I outlined the values in a way so people with 5th grade education could easily understand. I also did not take into consideration that what used to be 5th grade requirements is now 10th grade levels in some states...so I apologize if these numbers are too difficult for you to grasp.

I also previously stated that you may have an exception (not the rule) here or there and surely a coin's value is worth more in 2006 than it was in 2004...all things being equal. Here's my favoarite line: "That was most likely a true Franklin collector." Funny...I didn't remember reading the auction listings where NGC slabbed Franklins were only sold to "true" Franklin collectors. When I read a statement like that? I have to ask, what Kool-Aid are you drinking??

I never been to a coin show in KY, but I have to believe that The Palm Beach Show and the F.U.N. Show in Florida have just a tad more dealers/collectors/quantity/quality of coins over what you may see in the blue grass state.

The Florida United Numismatists is host of the nation's largest coin show, held annually at the beginning of January. Over 15,000 collectors and 400+ dealers from around the U.S. and the world converge in Florida for the first show of every year.

You are absolutely right...all of these people buy holders down at the these shows. The auction houses like Heritage that sell MILLIONs of dollars in rare coins in Florida all have stupid buyers as well.

I guess we need to upgrade our numismatic education level to the great state of KY.
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Last edited by Midas; 03-05-2006 at 09:13 AM.
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