I have returned to Coin Talk

I was a pretty active member of this forum ten to thirteen years ago, and I quit adding to our collection. This caused me to quit everything connected to coins except I would annually buy 22 ASE's. Two for our two raw collections and 20 for down the road. I'm behind on that also by a year because it is hard for me to believe the spread between spot and coat to buy.

Our collection consists of the two sets of ASE's I mentioned above, Buffalo Nickels I think range from VF to AU, Peace Dollars, Eisenhower Dollars, Roosevelt Dimes (1964 and earlier), beautiful set of war nickels and a few other things I started. Those unfinished I will complete over the next few months except the Indian Head Cents. It will be doubtful, due to the expense, if it will ever be complete.

Years ago I bought an album that was titled Lincoln Cents 1959- (actually is full when the 2010s are present). I got this idea from here in roll hunting forum. I must have looked through a hundred rolls and was suprised how good alot of these coins looked from the rolls. I think the album holds approximately one-hundred coins and including the cost of the album I have less than a hundred dollars in it.

What I have noticed since getting involved again is television sales are still definitely overpriced. Second there used to be an old saying "buy the coin, not the slab". This is an individual decision, but it seems to me too much emphasis is now on the label in the slab. First Strike, First Day of Issue, Advanced Release, Gold Label, Black Label. and others. I saw some ASE's recently that had states name in them. There are alot of labels now with signatures. As I previously wrote individual decison, but not for me. But most importantly it really feels great to be back.

 

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Welcome back!! Lots of new people to meet and read. Jim

 

@lardan Welcome back to CT.

 

A warm welcome back to the fold

 

Welcome back

 

Welcome back. I get the feeling that not many serious collectors give a darn about special labels like "First Strike" but I'm sure there are people out there that may think it's cool. Shouldn't add any premium to the price imo though.

 

Didn’t know you before but welcome back.

 

Welcome!

 

Yes, this "Frist Strike," "Early Issue" and many of the other labels that prompt collectors to pay more for the rather ordinary coins, is ridiculous In the modern era, there is no such thing as a first strike for items like Proof coins. The mint produces a large number of coins before they are released. Given the nature of modern minting practices, no one can tell the difference between the first Proof coin struck and the 4,000th one. They all look the same. Yet you have this nonsense with address mailing labels and the like that make these coins "special."

Don't get hooked. The "First Strike" foolishness is just that. A game the third party graders play.

 

Welcome back! You won’t get any argument from me about the TV salesmen. All of that additional junk on the labels isn’t worth anything to the buyer — but certainly pads the pockets of the sellers.

 

Those labels are done to dazzle the eye of the casual collector. Welcome back.

 

Don't believe the declarations on the labels.
And welcome back. We've been expecting you (to send me some free ASEs)

 

Didn't know you then..but welcome back. I look forward to reading your posts and comments.

For some reason I like to be able to go by the written word and photos about coins. Gives me time to think it over carefully (it's way too easy for me to make an impulse purchase). The ASE's are beautiful coins, way not want the bet?

Enjoy your collecting.

 

Best to change channels when a TV coin show comes on. Welcome back!

 

Welcome back

 

Thanks for all the replies and such. I will try soon to be more involved. I got started on a landscaping project for my wife which seems to keep growing. Amazing how one can retire and so much can be found for one to do. Trying to get done before a weeks vacation in two or three weeks.

 

Welcome back!

 

Welcome back.

 

special labels are just another way to part collectors with their cash and does it very effectively

 

You didn't miss much just a few million coins and the nice people behind them. You don't need a ticket for the return ride just get on board.