Type Set Coin Collecting: Coin Chatter

Coin Chatter

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US Coin Main Forums : Morgan Dollar Question

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Author: rockdude
Subject: Morgan Dollar Question
Posted: 22 Nov 2009 at 7:14pm

I don't know the answer but hang in here there's those that do.

US Coin Main Forums : Junk Silver Set

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Author: rockdude
Subject: Junk Silver Set
Posted: 22 Nov 2009 at 7:11pm

That sounds like fun going through that many rolls.
Each Mercury dime contains 0.0723 troy ounces of silver Total silver value is $1.34.

Edited by rockdude - Today at 7:13pm

US Coin Main Forums : Junk Silver Set

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Author: ravenwoods
Subject: Junk Silver Set
Posted: 22 Nov 2009 at 12:40pm

My dad had some vending machines on the side back in the 60s and 70s. When he brought the coins home we would sort out the 90% silver coins and put them in rolls. At the time I had no idea what we were doing or why. Just something that dad did. Anyway we still have the dimes and quarters today--$750 face value in dimes and maybe $300 in quarters.

I bought some of those coin holders that have a place for each year and mint and inform you how many coins were minted that year.

With the dimes I've got all the dimes except two of the dimes from 1955. I've still got a few thousand dimes to search through and maybe I'll find those two missing coins. I understand the actual value at the moment is about 13 x face value. I was just wondering if a full set of junk coins might have a higher value than the value of the silver?

With the quarters I'm missing some of the very low mintage years but haven't gone through all the quarters yet.

Varieties and Errors : New guy here; is this an error coin??

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Author: Rockcrude
Subject: New guy here; is this an error coin??
Posted: 22 Nov 2009 at 12:37pm

he probably found out that it is glue you could tell and I hope he didn't send it in he would have wasted some bucks.

Varieties and Errors : Is this a double strike

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Author: Rockcrude
Subject: Is this a double strike
Posted: 22 Nov 2009 at 12:35pm

Welcome to the forum

Varieties and Errors : What is This Lincoln???

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Author: Rockcrude
Subject: What is This Lincoln???
Posted: 22 Nov 2009 at 12:34pm

I agree Rockdude

Varieties and Errors : New guy needs help.

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Author: Rockcrude
Subject: New guy needs help.
Posted: 22 Nov 2009 at 12:32pm

Not a die chip but a die gouge

Edited by Rockcrude - Today at 12:32pm

Varieties and Errors : Is my 1913 S Buffalo Nickel an Error?

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Author: jazzcoins
Subject: Is my 1913 S Buffalo Nickel an Error?
Posted: 22 Nov 2009 at 12:30pm

Maybe I do have the wrong guy Rockdude sorry

Varieties and Errors : 1883 shield nickel; is this a known variety?

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Author: jazzcoins
Subject: 1883 shield nickel; is this a known variety?
Posted: 22 Nov 2009 at 12:29pm

Maybe I do have the wrong guy RockdudeJazzcoins

Varieties and Errors : Is my 1913 S Buffalo Nickel an Error?

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Author: Rockcrude
Subject: Is my 1913 S Buffalo Nickel an Error?
Posted: 22 Nov 2009 at 12:25pm

not an rpm

Edited by Rockcrude - Today at 12:26pm

The New 2010 Shield Cent Design, Like / Dislike? Your opinions..

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Today I saw what is to become the new 2010 cents design, while I did think the coin needed a "face lift", I did not think of all the choices to be checked out for the actual new design, on the reverse, that this design would be selected.

I do not think the design has any artistic character, no originality, simply put, bland, and to be selected over some of the other submitted designs, well I think the ball was dropped. I would of thought the selected design would of had some artistic "jump out at you design",with the technology today, the infusion program IMO, there were other designs submitted which I thought would of become the winner for the new design, this is just my opinion, any thoughts or opinions welcome

1926 Sesquicentennial quarter eagle. Ebay gamble pays off...

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Pictures don't tell the whole story. I've been in the market for one of these for quite some time. Certified Retail, even for circulated ones seems to be in the $450-500+ range. I saw this one on the bay, and honestly wasn't very impressed.

It did look to have some nice crust on it around the rim, and I figured I'd be fine with it if it went cheap enough. I put in a low bid, and won it to my surprise. PCGS put 58 on it, but it honestly doesn't look like a 58 to me at all from the pics. Absolutely no luster, details look pretty weak, lots of hits etc....They are pretty big pictures too. Well, it might look 45-50 or so in hand. I paid $350, so probably about what it's worth to me.

I received it today, and was absolutely blown away. Not only does it have luster, but full, blazing, uninterrupted luster! It is actually really well struck too. The ebay pictures, though large, really hide a lot of the detail. The best part though is the crust! What I thought was dirt, or brownish toning; is actually iridescent blues and purples! I know gold coins can tone in iridescent colors, but I rarely ever see it and have never owned one. And now I own one that with colorful toning...completely by accident! The only thing that the ebay pics show accurately are the little nicks. Yes, those really are there, but remember that this coin is the size of a dime and the nicks are practically invisible unless you look at the coin under a loupe. This coin truly has the look of a quality MS-61 to 62 in my opinion, and is one of the most beautiful coins in my collection right now.

Hot early commemoratives on eBay right now. Commemoratives under $5 on eBay.

Mexico Cap & Ray Alamos AR 8 Reales 1864 A PG, KM# 377, Elizondo #182.... Or is it?

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Today I got an on line catalog from a well respected firm in Great Britain. One coin really got my attention. It is a very RARE Mexican 8R from 1864 struck at Alamos. The estimate for the coin is listed as 450 to 550 Pounds.

Here is the coin followed by the auction description.

Quote:
698
Mexico Cap & Ray Alamos AR 8 Reales 1864 A PG, KM# 377, Elizondo #182, rare, VF, some Chinese chopmarks.
£450 - 550

I see only one real problem here - anyone care to guess what it is?

By the way, before you guess - the coin is REAL but there is a problem.

1982 PANAMA 1/2 BALBOA STRUCK OVER 1971 KENNEDY HALF DOLLAR!

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Somehow a 1971 U.S. half got thrown into the hopper with planchets to be struck to make a 1982 Panama Half Balboa coin! Then the coin was somehow not detected by quality control and is available for one lucky collector to own. Details from both coins are very strong. Obverse has strong outline of Kennedy, "In God" under the beard and "We trust" prominently showing on the shoulder. Rev has stars and rays from the half above the shield and eagle of the half Balboa and lettering and more stars visible along the sides. This is an incredible eye appealing, dual county, dual denomination, dual dated (spanning eleven years) error and a wonderful coin to add to your collection!

Proof 1930 Australian Copper Penny Offered for Sale

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The Proof 1930 Australian copper penny is internationally renowned as the most valuably copper coin of the modern era through its exceptional quality and the circumstances of its striking. One of the original six pennies has just been offered for private sale, expected to sell for around two million dollars. However some experts have questioned the coin's advertised provenance as the Mint Master's coin......

Today's odd events at Santa Clara coin show

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Could anyone describe the commotion at today's coin show in Santa Clara? Upon entering the hall, I saw police but really didn't get the full story outside of a few snippets from my dealer friends. However, as time wore on, I did sense a few dealers were on edge, and here's where I unwittingly became drawn into today's events.

The story begins when I visited a dealer—who shall remain nameless—to browse his inventory of Mexican coins. Here are the full details because they are critical to this story. It's somewhat long, but hopefully to the point.

This dealer takes two stacks of Mexican coins from his case (avg. value $15 each), and hands me one stack at the time, which I then inspect in loupe with both hands in plain view…and the dealer standing just 3ft away. When I finish one stack, I exchange it for another. I'm very methodical when buying, only inspecting one coin from a stack at a time, always keeping inventory in full view. After spending perhaps 10 min. with this dealer, I hand him the last stack and thank him for his time. The whole time, this dealer was standing in front of me, watching me (or so I thought).

Ten minutes later, while at another dealer's table way across the hall, I was confronted by the dealer, who explained that his stack of coins I gave back counted up short (11 vs. 12), and asked if I could explain why? But, as he did not count these coins in front of me, I was at a loss to explain the discrepancy. So I simply asked him if he saw me do anything wrong? No answer from him, so in order to put him at ease, I proceeded to empty my wallet and every pocket on my person. However, this did not seem to put him at ease at all and he said something like "I don't want to insult you…you look like an honest guy, but then again the professionals look that way", casting another suspicious glance toward me.

Honestly, I started to get a little ticked off at this point, and wanted this conversation to end because I could not see satisfying a guy who didn't think he miscounted (and he couldn't name the missing coin). Apparently, he didn't consider that a pro might not waste his time to steal a $15 coin? During the day, I handled coins worth several magnitudes more than that one which mysteriously....did not disappear from dealer's tables.

Obviously dealers need to protect their own interests, and with that in mind, may I offer a few suggestions to those who might read this forum:

• If you're going to count stacks of coins, count them (out loud) when you hand them to the customer, and then count them when they're returned. Simple as that—like they do at banks.

• Protect yourself, meaning do whatever you need to feel secure. Set things for your own peace of mind, and don't expect customers to "fill the gaps" by their own conduct, as they cannot possibly secure your own inventory.

• If you feel you must confront a customer on something, it's helpful to come across with something tangible to resolve, rather than a vague suspicion that can neither be proven nor disproven (since we know the pros work "magic").

• Have you ever considered providing a feedback survey for your customers? Many businesses do it, whereby simply asking good questions you'll gain important insights into collector's needs while also serving as positive marketing. In my business, I've found that small contests entice people to fill out surveys.

On the "other side of the coin", there's much that collectors can do to uphold their end, such as:

• Don't give a dealer cause for worry. If you're looking at coins, keep them in full sight at all time. I may be a bit of a stickler, but if I need to get something out of my pocket…I put the coins down, stand up and remove my wallet, etc. I try to keep my hands visible at all times. I also don't bring bags which dealers might need to watch.

• If you can, try to look out for anyone suspicious around dealer's tables.

• Don't mix coins that you previously bought/own with coins you want to buy. Keep the dealer's coins in a distinct pile within their sight until they are paid for. I've even seen collectors wander away from tables with coins they don't yet own.

• Some dealers don't like to haggle on the price—they'll let you know and respect that.

I may be stating the obvious here, but today's events had me wondering.

If you got this far, thanks for reading.

Grading Practice: 1957 D Franklin Half Dollar

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This one of my better raw Franklin halves, and I am not sure about the grade. If I had to make a stab at it, I would say...MS63

Your opinions, please!

Success

Grading Practice: 1927 S Standing Liberty Quarter

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I'd appreciate your thoughts on this well circulated coin. As always, I apologize in advance for the photo size/quality (I couldn't do any better myself); they are the ones provided by the seller. Thanks in advance for your assessments.

2000 Double Struck Lincoln Cent?

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I will admit I know nothing about coins. Well, I know how to spend them.

Today I was putting my change in my drawer and I noticed a pretty neat penny in the group. It is a year 2000 penny. On the side with the face there is no word "trust" as that area has a little straight part on it. On the other side there is "state" printed upside down on the word "cent"

When is a nickel not a nickel?

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In 1866, the Mint introduced a new nickel design to replace the older Half-Dimes. People were hoarding precious metals, and it was felt that a move away from silver was necessary to keep coins in circulation. Between that, and the efforts of magnate Joseph Wharton (for whom the famous business school is named), the decision was taken to produce the new coin in nickel.

The Chief Engraver of the Mint, James Longacre, designed the new coin based upon his Two-Cent piece design, and the mint proceeded to re-learn the lesson taught by the original Indian Head Cent composition:

Nickel doesn't strike easily.

Shield Nickels are notorious for cracked dies and relatively poor strikes, even though they're only 25% Nickel by composition. Clean, fully-struck examples tend to sell at a premium for this reason. All the same, they were popular coins in circulation, replacing the despised fractional currency which precious-metal hoarding had forced into being. So, production proceeded furiously - so furiously, in fact, that no Business Strikes were produced in 1877 and 1878 because of the vast number of nickels in circulation.

But I'm not here to talk about the Shield Nickel, I'm just long-winded.

In 1881, Mint Superintendent James Snowden decided to unify the designs of the Cent, 3-Cent and 5-Cent Nickel. He directed his Chief Engraver, Charles Barber, to develop a unified design. The first two denominations were only ever produced as patterns, but the new 5 Cent piece began Mintage in 1883, which brings us to the coin presented here for your viewing pleasure.

The new 1883 Liberty Nickel was the first in a line of less-than-distinguished Barber coinage designs. In keeping with the unification design, the denomination was represented by only a roman numeral on the reverse, a curious feature which led to the infamous "Racketeer" Nickels. Enterprising profiteers took the new nickel, gold-plated it, added reeding on the rim to mimic that of real gold coins, and passed them off as five-dollar gold pieces. The unsophisticated merchants of the time accepted them, even though the design bore no resemblance to the current true Half Eagle. They were the same diameter, though, and the obverse was close enough to pass a cursory inspection.

Needless to say, the new nickel design was hastily changed during the 1883 mintage run, leaving us with the 1883 "CENTS" and "NO CENTS" types. Approximately 5.5 million NO CENTS nickels were minted, and about 16 million CENTS types. The coin pictured below is the NO CENTS type. It shows both planchet flaws and the die cracks indicative of the Mint's difficulty working with this relatively new metal composition.

R.A.O.K - have you recieved a coin from a fellow member here? Please post about it here.

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Ah yes, that makes much more sense than my interpretation!!!!! thanks larry

30X Triplet Magnifier/Loupes For Sale

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I got one with yer name on it Craig...........

R.A.O.K - have you recieved a coin from a fellow member here? Please post about it here.

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Humble Opinion

Rollin' on floor laughin' my f...in' azz off

10% OFF ALL ITEMS IN MY ECRATER STORE UNTIL CHRISTMAS DAY

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best way to educate is to check out all auctions, local dealers and use multiple price guides.It seems any more everyone just goes to ebay where a lot of junk coins are disbursed and sold with .99 cent auctions where it is either a good day or bad day for the seller or buyer.This mentality is something I guess I just will never understand.And one of the main reasons why I have begun to get away from feebay.I don't want to be known as a breading ground junk seller.

ANNUAL UGLIEST COIN CONTEST (NINE DAYS LEFT)

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bump

Be thankful you're not from California

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I am definately going to join and will probably drag my pops along too. He started a coin club in the late 60's and eventually phased himself out. It's still up a running and pretty big but too far away for me to drive. He unfortunatly had to sell everything he had due to medical issues so I think it's time for us to get back in.... once again thanks for the info

Be thankful you're not from California

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Glad to help Scott. You will find with most clubs there will be an auction at the end of the meeting. You will often have guest speakers and just good clean fun. If you have kids, please take them. They have a kids only auction that is great fun. Be humble and willing to learn and there will be plenty of folks that will help you up the trail. I, like Jim Archibald, Wes and others here have started clubs. It’s a lot of hard work but very rewarding. When you get comfortable, maybe you can start on…

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