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World_Coin_Nut's Blog

03 Sep 2020

ANA Presidential Dollar

Coins | World_Coin_Nut

I know most of you are aware of these. The ANA made available ASE's encapsulated by NGC with a label signed by a living president of the ANA. Mine came in the mail today. It is not a president that I am familiar with but maybe this will be the subject of a future blog.

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19 Mar 2020

Eye appeal is always my first consideration

Coins | World_Coin_Nut

I am a big fan of 3rd Party grading but it can make us (including me) lazy at times. We are told constantly buy the coin, not the holder. It sounds good but we don't always listen.I really like perusing the better online auction sites because typically the main picture is viewed without the grade being obvious. If a coin isn't appealing, I keep on scrolling.The 2 coins below were both in the Heritage NY sale in January. It's a design I have been interested in but hadn't acquired yet. It's unusual for me to find 2 coins of the same variety in the same auction for me to compare side by side. Both of these were designated KM# A907. The first coin is dated 1741. The following one is dated 1742. They were consecutive lots in the auction. Below are the lot descriptions and pictures.Coin #1Saxony. Friedrich August II "Vicariat" 1/2 Taler 1741 MS63+ PCGS, KM-A907. Markedly sharp in the peripheral features with the slightest softness atop the highest points of the central devices, this charming 1/2 taler clearly owes its plus classification to radiant gold and cobalt tones as well as comparatively clean surfaces.Coin #2Saxony. Friedrich August II "Vicariat" 1/2 Taler 1742 MS64 NGC, Dresden mint, KM-A907. Vicariat issue, two year type. D G FRID AUG REX POL DUX SAX ARCHIMARESCHALL & ELECT Friedrich August II with sword in hand, on rearing horse right / IN PROVINCIIS IUR SAXON PROVISOR ET VICARIUS Empty throne on dias with symbols of office. Crisp legends and edge reeding, beautiful olive-gray toning with gold and red shades accenting, and very clean unmarked fields with a bit of weakness in center of coin strike.It's irrelevant but did 2 different people write the lot descriptions?Anyway, both coins sold for the exact same price. Coin #1 is now mine and I never seriously considered bidding on coin #2. Both coins have the same catalog value but it looks like the 1741 shows up in auctions more often which may be part of the reason the prices ended up the same. I myself only wanted an example of the type. It's possible somebody out there really "needed" a 1742.The statement "a bit of weakness in center of coin strike" is a bit inaccurate in my opinion.I have to mention that, in my mind, the grade on both would make one assume that neither piece was in circulation. Coin #1 does appear to have some rub on the high points. Maybe the grader considered it cabinet friction. I'm not good enough to distinguish between the two.I don't agree or disagree with the designated grades. I have sent enough similar material in that I think I have a good feel for what the graders are looking for. This is a good example of why the stated grade should only be one factor to consider when making a purchase. Use your head and make your own decision when making a purchase.

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18 Jul 2018

Numismatic Literature

Coins | World_Coin_Nut

We have all heard the phrase “buy the book before you buy the coin”. Well some people take this to another level. Collecting numismatic literature is a very popular part of our hobby. Even during portions of my life where I wasn’t active in numismatics I was always a book worm. As I have aged my tastes have changed, I couldn’t tell you the last time I read a novel. Now, everything I am reading is either coin related or a book on history.

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15 Nov 2016

Be Yourself!!!

Coins | World_Coin_Nut

I have been collecting my whole life. My collection has taken many wandering paths to arrive where it is today. For years I built sets of U.S coins because that is what I thought you were supposed to do. The few dealers that I had access to (pre-internet) had no interest in foreign coins or really anything that they didn't have. In fact they tried to steer me away from anything other than US coins. They lead me to believe that world coins were junk and not worthy of being collected seriously.

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05 Oct 2016

What Else Happened in 1776?

Coins | World_Coin_Nut

As hopefully all of us know 1776 was a pretty important year in the history of these United States. We all have been taught about our declaration of independence and other heroic acts from this period of our history. Obviously this isn’t the only important event that took place. Granted the world was watching what was happening but they weren’t frozen in place while we worked out our differences with Great Britain. This Machin’s Mills halfpenny is an example of this. Although a genuine coin many consider it a counterfeit Great Britain halfpenny. Although dated 1776 it has been determined that these were minted at a later date.

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11 Jan 2016

New Club

Coins | World_Coin_Nut

At the end of 2015 my wife and I made the long move from Southern Arizona to Indianapolis. While there were pros and cons to the move I was more than a little excited. Because I did a lot of research before the move I knew that there would be a number of local coin shops and a monthly coin show. This would be a major improvement over my situation in Arizona.

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05 Nov 2015

Moon Landing Coins

Coins | World_Coin_Nut

Coin World magazine recently had an article about the appeal of coins with a space theme. I have to admit growing up during the heyday of the Space Shuttle program that I enjoy space themed items including coins.

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01 Jul 2015

The Perfect Coin

Coins | World_Coin_Nut

I know this will probably offend some people but I do not like perfect coins. The MS70 and PF70 graded coins of the world. I can't understand the ridiculous (in my opinion) prices that individuals will pay for a label that says that there coin is perfect and none can be any better. Don't get me wrong, occasionally I do come across a modern coin with a subject matter that speaks to me (you know, the voice you can't ignore). For the most part modern coins just don't do it for me. The modern coins I do own are rarely graded.

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16 May 2015

What makes it rare?

Coins | World_Coin_Nut

I have always been intrigued by the entries in price guides where instead of a dollar value it just says “RARE”. As a child when flipping through my copy of “A Guide Book of United States Coins” I would see that and think, maybe one of these will show up in change or maybe I will find one at the coin shop in the 25 cent each bin. Of course as I got older reality set in. Now I just hope to able to say I saw one in a museum or a colleague’s collection.

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