Displayed the coin tonight at my son's Eagle Court of Honor. It got many ooos and ahhhhs. I displayed it Reverse out....
That "service" is pretty useless unless you are home 24/7 True, thank goodness for my having retired parents. I guess it's a small benefit to still living at home.
Joe, what was your reason for returning them? I am very curious what you thought of the grainy surfaces and level of detail seeing them in hand. I really think you should do what you are thinking to do, sell your modern silver commems and keep the gold. I did the exact same thing with nearly all of my modern silver commems just a couple years ago. The only silver commems I kept were a single '82 Silver Washington and the '86 Silver Statue of Liberty pieces as they were some of my first modern pieces collected and I like those designs. I neglected getting into modern gold commems through the years and am looking forward to being able to obtain some of those yet, esp. since many of them are readily available at decent prices.
I received my 15 Proofs today. I'm satisfied for the most part. One observation, whoever packs these coins doesn't take much care. One of mine was packed tight against a corner of the box and my sleeve and box were crushed in as a result. There isn't much in the way of padding included-just some crumpled brown paper to take up space. Plus the outer sleeve on said was bent (could not have happened due to physical trauma from shipping, because it was in the middle. This leads me to wonder whether they are maybe recycling returns, repackaging them and shipping them to fill outstanding orders). I pored over each coin and although it seems like every one of them has minor defects like scratches on the capsules, I could only identify one that definitely had a scratch on the surface. So I'm returning two for exchange. Tomorrow, my 20 UNC's should arrive (next day air again). I have a question for more knowledgeable collectors, do UNC's have to be scrutinized for defects just as much as Proofs? Or by their nature, do they generally have fewer apparent defects (they don't have the proofs' contrast that makes imperfections stand out). I'm hoping I won't have to pore over each painstakingly, but I guess that beats being stuck with problem coins I'm hoping to store all 38 of my coins (20 of each, but I'm setting aside an example of each for my personal collection) in my closet and be satisfied that I've made a good purchase. Such is collecting I suppose!
I am holding out hope on these. If they hit $60 on Ebay I will be in good shape. If not I will probably draw even with a lot of work.
There are 2 or 3 or 4 albums....I can't remember. Just go to my personal page here on CT and you will see all my albums. Check them out there.
Chris, I look at all my coins with a 16x loupe. If they pass my inspection using a 16x loupe, then chances are they will grade out at least a 69 if not a 70. I expect perfection with all my modern coins. Now, I am not actually sending my coins in to be graded, but if I am comfortable with how they look then I know that whoever looks at them will be too. As far as the BS comm goes, there were just too many nicks and marks on the coin...both proof and unc. I would be lucky if both these coins graded a 68. That is unacceptable for a modern commemorative coin. Thats fine anyway.... that is a good as place to stop the collection as any. Now just to decide to sell everything off separately or as a set.
Joe, sell separately unless there's a logical reason to sell items together or in small groupings. Been seeing lots of modern commem lots on TT NOT selling for week after week.
Sorry to say but I think that you'll need a bunch of hope, but at least if you get stuck with them they are at least all silver bullion and not clad.:hail:
Probably best selling everything off piecemeal Joe. I think you'll take a hit if you sell your collection as "whole". BTW, I'm questioning my collector direction too. Thinkin' (toying) with the possibility of collecting classic commem's. That means selling some bullion holdings as well as some modern issues. Tough decision......
Some real gems in the classics Ken... use your modern sales as a boost to get you started on the oldies!
In another category collectors are watching closely, total sales of the 2010 Boy Scouts of America Centennial Silver Dollars reached 290,392. The proofs advanced another 16,424 to 196,400 and the uncirculated added 7,451 to 93,992. This is put out today
In another category collectors are watching closely, total sales of the 2010 Boy Scouts of America Centennial Silver Dollars reached 290,392. The proofs advanced another 16,424 to 196,400 and the uncirculated added 7,451 to 93,992. This is put out today Read more: http://www.cointalk.com/t99463-7/#post860106#ixzz0l1Ai6brd Thanks for the info. Bad news for me and others who bought a lot of these coins (I'm into them for 40). More and more, I am thinking that Mr. Krispy's reasoned and well-articulated commentary is about on the mark. In a nutshell, these coins just haven't sold quickly enough, and demand is unlikely to rise substantially in the future. I just don't see kids or their adult relatives/friends shelling out more than about $50.00 for a scout-themed coin. There are so many other meaningful gifts that can be given for said amount or even less. It was crazy for me to think that these could sell for three digit prices. The fundamentals just aren't there. I guess I didn't think this through enough. So what about it?-am I the only one having reservations/buyer's remorse? It's so unlike me to invest in coins. I really am a collector first and foremost. Heck, for $1,400.00, I could have bought another nice classic commemorative or two. I guess I got swept up in the mania At 36 years of age, one should know better. Hopefully, this is a lesson (albeit an expensive one) I will remember and apply to other decisions I make going forward. How's that for trying to take a positive away from a disastrous choice?
I went in head first for 10 then krispy talked some sense into me when I asked for advice on buying any more.
Congratulations:hail:, not only to your son but to you and your wife (as us Eagle parents know who really put in huge amounts of efforts to get your son on the path to Eagle). How many Merit Badges so far? Did he earn Coin Collecting Merit Badge?