 | | 
03-31-2009, 05:43 PM
|
#16 (permalink)
| | Senior Member
Join Date: Feb 2009
Posts: 334
|
Wow, I bet that shows up on coin trivia some day! Quote:
Originally Posted by Hobo  I don't want to name names but there are several numismatic reference books written by this man that are highly sought after. (One is an encyclopedia of US & Colonial coins.) This writer wrote many books over the years and became highly respected in numismatic circles. Unfortunately, he liked little boys (which eventually got him into trouble) and he died in prison. |
| 
|  |
|
03-31-2009, 10:07 PM
|
#17 (permalink)
| | Self proclaimed messiah
Join Date: Mar 2009 Location: Canada , New-Brunswick
Posts: 974
| Quote:
Originally Posted by Hobo For the same reason many of us use reference books written by a pedophile - the information is useful. | What reference book is that ?
| |
| | |
03-31-2009, 10:19 PM
|
#18 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood:  | Quote:
Originally Posted by weryon What reference book is that ? | A clue is in Post #14.
__________________
No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10
ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. | |
| | |
04-02-2009, 02:31 PM
|
#19 (permalink)
| | Die varieties, Gems
Join Date: Dec 2008 Location: "Way down younder in the land of cotton"
Posts: 2,176
My Mood:  | Up until modern times you would be correct and
Quote:
Originally Posted by Dima Very interesting read; thanks.
According to current standards, is it technically possible to get a MS70 coin? I always figured that the second a coin leaves the minting press it is at best MS69. Can anybody clarify this please? | Up until modern times you would be correct and only if coins made for commerce were graded, coins intended for circ. - which is probably the way it should be in a perfect world.
All proofs, American Eagles, Modern Commemorative, for that matter mint sets have a built in advantage from start to finish - they are made using standards that business coins simply don't get - they really should be graded separately IMO.
As a matter of fact, and we have argued this recently on Coin Talk one could support an argument that those coins mentioned are not really coins because they do not, were not, intended for commerce, that plus their primary purpose is int fact something other than coinage with value inherent for purchasing in the United States.
Isn't it very interesting indeed that about the time American Silver Eagles were started (1986) the first (PCGS) grading company also started.
I have never put the two together until this moment and to throw those(mentioned above) coins in the same bunch as made for circulating coinage puts the business strikes at a disadvantage form the get-go.
It's not very hard at all to grade a coin that was struck special, handled special, packaged special and never dumped in a tub but protected all the way into the customers hands. I mean, what are your choices, MS or Proof 67, 68 or 69 or the probably should not be reached lofty grade of MS or Proof 70.
Just some thoughts on the subject - you may like what you like, I sure do.
__________________
Benjamin, H. (Ben) Peters III (not responcible for spelling errors) | |
| | |
04-02-2009, 02:42 PM
|
#20 (permalink)
| | Senior Member
Join Date: Mar 2009 Location: The Berkshires in Mass.
Posts: 177
|
Ah, how I remember the good ole days. The MS system was a gimmick developed by a crook for sure. It was invented for the investors and wheeler dealers who needed an excuse to get more for their coins then they were really worth. Then they did it with lunch boxes, stamps and finally comic books. it left the little guy out all around. If honesty were still the best policy, we would still have everyone grading by the old standards for sure.  | |
| | |
08-01-2009, 03:30 AM
|
#21 (permalink)
| | UberCoinN00b
Join Date: Jul 2009
Posts: 57
| Quote:
Originally Posted by tommyc03 If honesty were still the best policy, we would still have everyone grading by the old standards for sure. | What exactly ARE the old standards? I'm new to this, but based upon the base 10 numerical system we use - also arbitrary, but it has attained mass usage - I would say that a 100 point grading scale would make sense. Like measuring temperature in Celsius. . . but then again, why would we do that?
| |
| | |
08-01-2009, 06:05 AM
|
#22 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 1,604
My Mood:  |
So how much does it cost to have coins graded, I heard on one of the auction channels that it cost $30 bucks a coin, is that true?
| |
| | |
08-01-2009, 11:35 AM
|
#23 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 24,653
|
It depends on the coin and the grading tier you decide to submit it under. Grading fees are determined what tier you choose and the value of the coin. The more expensive the coin, the more it cost. But it can basically range anywhere from say $10 if you get a bulk discount to several hundred dollars - per coin.
As for the old standards, you'd have to read Brown & Dunn's grading standards. They were the first, published back in 1949. Not having a copy at my fingertips right now they went something like this - AG - G - F - VF - XF - Unc - and that's it.
__________________
knowledge ..... share it
| |
| | |
08-01-2009, 12:07 PM
|
#24 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 1,604
My Mood: | Quote:
Originally Posted by GDJMSP As for the old standards, you'd have to read Brown & Dunn's grading standards. They were the first, published back in 1949. Not having a copy at my fingertips right now they went something like this - AG - G - F - VF - XF - Unc - and that's it. | Yeah, I remember those when I was younger, alot younger. In fact when I got back into collecting I was shocked to find this new grading system. As someone said above, comic books and baseball cards had been done so the grading of coins was just a matter of time, and money.  | |
| | |
08-06-2009, 03:17 PM
|
#25 (permalink)
| | RPM-Re-Punched Mind
Join Date: Jan 2009 Location: Owosso, MI
Posts: 924
My Mood:  |
Does anyone have a Sheldon list for Large cents handy. I would like to go through mine, to see if I have anything of worth.
| |
| | |
08-14-2009, 03:54 AM
|
#26 (permalink)
| | living the journey
Join Date: Aug 2009 Location: Utah
Posts: 215
| Quote:
Originally Posted by Hobo A clue is in Post #14. |
hmmmm...somebody has breen doing some reading???  | |
| | |
08-14-2009, 04:17 AM
|
#27 (permalink)
| | Self proclaimed messiah
Join Date: Mar 2009 Location: Canada , New-Brunswick
Posts: 974
| | |
| | |
08-15-2009, 07:51 PM
|
#28 (permalink)
| | Member
Join Date: Apr 2009
Posts: 1,208
| Quote:
Originally Posted by GDJMSP It depends on the coin and the grading tier you decide to submit it under. Grading fees are determined what tier you choose and the value of the coin. The more expensive the coin, the more it cost. But it can basically range anywhere from say $10 if you get a bulk discount to several hundred dollars - per coin.
As for the old standards, you'd have to read Brown & Dunn's grading standards. They were the first, published back in 1949. Not having a copy at my fingertips right now they went something like this - AG - G - F - VF - XF - Unc - and that's it. | My 1971 Red Book lists them like that. Do you recall what year it changed?
Say...it says here I can buy a "Unc" 1916-d Mercury dime for $675 (WooHoo!)  | |
| | |
08-16-2009, 09:01 AM
|
#29 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 24,653
| Quote:
Originally Posted by yakpoo My 1971 Red Book lists them like that. Do you recall what year it changed? | 1977 - and it evolved from there.
__________________
knowledge ..... share it
| |
| | |
08-16-2009, 10:38 AM
|
#30 (permalink)
| | In Odd we Trust
Join Date: May 2009 Location: Bluegrass
Posts: 1,025
My Mood:  | It's still a BUFFALO
Quote:
Originally Posted by yakpoo My 1971 Red Book lists them like that. Do you recall what year it changed?
Say...it says here I can buy a "Unc" 1916-d Mercury dime for $675 (WooHoo!) | Humm....my 1962 15th Rdition Yeoman's lists the 1916D for a meager $400.
__________________
"We're all ignorant, just on Different Subjects." Will Rogers
| |
| | | |
Would you like to support CoinTalk?
Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.
| Thread Tools | | | | Display Modes | Rate This Thread |  Linear Mode | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
|  » Newsletter | | » Sponsors |
| | » Recent Posts | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | » Today's Top Posters | | Top Posters in Last 1 Days | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
