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<p>[QUOTE="majorbigtime, post: 641497, member: 19434"]I have been collecting and investing in coins for half a century and have a large portion of my net worth in numismatics. I have never been able to interest my son in numismatics, so I plan to fund a goodly portion of my retirement from the sale of coins in my collection. </p><p> </p><p>I have enjoyed the hobby aspects and, like most, I have had many good experiences over the years. Sure, I made some mistakes, but I believe in live and learn. I have developed "first name" relationships with many dealers, both large and small, and always enjoy chatting with them at local and national coin shows.</p><p> </p><p>The new, very deceptive fakes gravely concern me, Many dealers share this concern. Some of you will recognize me as the person that has been harping on the TPGs for years about a meaningful guaranty of authenticity to protect collectors and keep the TPGs ever vigilant. The major TPG responded positively after receiving some pressure from major dealers (at my prompting), but that doesn't help me sleep a whole lot better. </p><p> </p><p>Well, I have adjusted my buying to focus on slabbed coins with provenience that can be traced back for decades to further "protect" against fakes. As an example, a recent purchase was this coin:</p><p> </p><p> <a href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" rel="nofollow"></a></p><p><a href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" rel="nofollow"> <img src="http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&scale=size%5B450x2000%5D,options%5Blimit%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a> </p><p> <a href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" rel="nofollow"></a></p><p><a href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28&quot;/common/view_image_only.php?img=&quot;%20+%20encodeURIComponent%28&quot;http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink&quot;%29%29;" rel="nofollow"> <img src="http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&scale=size%5B450x2000%5D,options%5Blimit%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a> </p><p> <u></u></p><p><u>It is the Eliasberg/Clapp piece that can be traced back to the turn of the century (1900s), with the following pedigree "</u><i>Ex</i>:<i> Charles Morris Collection (S.H. and H. Chapman, 4/1905); J.M. Clapp; John H. Clapp; Clapp Estate (1942); Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 5/1996), lot 408.From The Pasadena Collection, Part Two"</i></p><p><i> </i></p><p><i> </i>The coin is documented in Bowers' book on Eliasberg, and undoubetedly is the "real deal" and always will be recognized as such. While nothing is beyond the reach of the counterfeiters, to duplicate this well-documented coin one would have to have access to it and I own it! </p><p><br /></p><p>From here on out, I plan to limit my purchases to solid coins with a verifiable history instead of merely buying a bunch of "stuff". This should help build a collection of historic, meaningful pedigreed coins with authenticity that is relatively beyond reproach. It also will restrain my past practice of always buying "something" when I go to a coin show or auction. I already have too many "widgets".</p><p> </p><p>Your thoughts and comments are welcome.[/QUOTE]</p><p><br /></p>
[QUOTE="majorbigtime, post: 641497, member: 19434"]I have been collecting and investing in coins for half a century and have a large portion of my net worth in numismatics. I have never been able to interest my son in numismatics, so I plan to fund a goodly portion of my retirement from the sale of coins in my collection. I have enjoyed the hobby aspects and, like most, I have had many good experiences over the years. Sure, I made some mistakes, but I believe in live and learn. I have developed "first name" relationships with many dealers, both large and small, and always enjoy chatting with them at local and national coin shows. The new, very deceptive fakes gravely concern me, Many dealers share this concern. Some of you will recognize me as the person that has been harping on the TPGs for years about a meaningful guaranty of authenticity to protect collectors and keep the TPGs ever vigilant. The major TPG responded positively after receiving some pressure from major dealers (at my prompting), but that doesn't help me sleep a whole lot better. Well, I have adjusted my buying to focus on slabbed coins with provenience that can be traced back for decades to further "protect" against fakes. As an example, a recent purchase was this coin: [URL="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28"/common/view_image_only.php?img="%20+%20encodeURIComponent%28"http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink"%29%29;"] [IMG]http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566053.jpg%5D,continueonerror%5Btrue%5D&scale=size%5B450x2000%5D,options%5Blimit%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink[/IMG][/URL] [URL="http://javascript%3cb%3e%3c/b%3E:popUpBigPic%28"/common/view_image_only.php?img="%20+%20encodeURIComponent%28"http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink"%29%29;"] [IMG]http://images.ha.com/lf?source=url%5Bfile:images/inetpub/newnames/300/4/5/6/6/4566073.jpg%5D,continueonerror%5Btrue%5D&scale=size%5B450x2000%5D,options%5Blimit%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D,if%5B%28%27global.source.error%27%29%5D&sink[/IMG][/URL] [U] It is the Eliasberg/Clapp piece that can be traced back to the turn of the century (1900s), with the following pedigree "[/U][I]Ex[/I]:[I] Charles Morris Collection (S.H. and H. Chapman, 4/1905); J.M. Clapp; John H. Clapp; Clapp Estate (1942); Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 5/1996), lot 408.From The Pasadena Collection, Part Two" [/I]The coin is documented in Bowers' book on Eliasberg, and undoubetedly is the "real deal" and always will be recognized as such. While nothing is beyond the reach of the counterfeiters, to duplicate this well-documented coin one would have to have access to it and I own it! From here on out, I plan to limit my purchases to solid coins with a verifiable history instead of merely buying a bunch of "stuff". This should help build a collection of historic, meaningful pedigreed coins with authenticity that is relatively beyond reproach. It also will restrain my past practice of always buying "something" when I go to a coin show or auction. I already have too many "widgets". Your thoughts and comments are welcome.[/QUOTE]
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A new buying philosophy--only significant pedigreed coins
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