Nothing replaces 30 years of experience

Discussion in 'Coin Chat' started by asciibaron, Nov 22, 2008.

  1. asciibaron

    asciibaron /dev/work/null

    While at the Baltimore show on Friday, someone asked to borrow the 19th century Krause - I have no problem helping someone out, especially after they just spent a few hundred at my table. The guy was looking up a Peruvian coin, an 1885 something or other, and was curious what they ran in high grades. Krause's highest listing was an XF at $40.00 - my guess for an UNC was $70.00 to $75.00 - but that was only a guess.

    At this point my father came back to the table and I pointed the guy to my father and he asked his question again. After a bit of a pause, my father stated that in UNC the coin would run between $75.00 and $200.00 and explained the wide gulf in price for an UNC. Halfway through the production of the coin, the dies started to wear and progressively got worse, but they were not replaced or cleaned up. The finer detail UNC's are more desirable and therefore demand a high price.

    I just looked at my father and shook my head. Then I wondered how much I might know after 30 years experience as a coin collector and dealer.

    -Steve
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Hobo

    Hobo Squirrel Hater

    There is no substitute for experience.
     
  4. spock1k

    spock1k King of Hearts

    hmm why the green alien? dont tell me thats experience too?
     
  5. TheNoost

    TheNoost huldufolk

    Bet you remember the info forever! Good post.
     
  6. Hobo

    Hobo Squirrel Hater

    Just something different for a while.
     
  7. mrbrklyn

    mrbrklyn New Member

    yeah - I try to explain that occasionally. Until your impress a youngest with some routine bit of expertises from 25 years ago, you continue to function under the delusion that they are your intellectual equal ;)

    Ruben

    PS - it aint just coin collecting...
     
  8. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    Theres a lot to be said for experience when properly applied
     
  9. kanga

    kanga 65 Year Collector

    My wife and I are both over 60 and have been married coming up 40 years.
    But we still surprise each other with tidbits of knowledge that we come up with now and again.
    Heck, sometimes I surprise myself with what I can pull up from the dusty recesses of my mind.
     
  10. Catbert

    Catbert Evil Cat

    Youth is wasted on the young! ;)
     
  11. mrbrklyn

    mrbrklyn New Member

    well, it also has to do with how you spend your life. I am alway pushing the envelope and consider the exploration of new ideas, art, literature, science, anthropology, history, the study of people and faith as core to my existence. I'll stop when I'm dead.

    Humanity is a relay race of experience and knowledge.

    Ruben
     
  12. bob01081969

    bob01081969 Member

    Some deep stuff going on here, I guess to be old is only what we make of it, but to be young dumb and, well you get the picture.
     
  13. mrbrklyn

    mrbrklyn New Member

  14. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I completely agree. The trick is to be able to distinguish between experience and stubborness. There's always something new to learn.
     
  15. mrbrklyn

    mrbrklyn New Member

    Yeah....
     
  16. clembo

    clembo A closed mind is no mind

    Nothing like "old timers" that's for sure.

    The other day a guy had some slabbed coins to sell. One was marked as a DDO and the boss didn't know what it meant. I thought he was bluffing at first but he's never really been into that part of coins.

    I was still amazed though as he pulls such little details out of his head at times it amazes me. 42 years as a dealer has taught him this.
     
  17. rzage

    rzage What Goes Around Comes Around .

    Cat , I really believe that now as I get older , and wizer .:eek::kewl:
    rzage
     
Draft saved Draft deleted

Share This Page