That two cents can pay big dividends in the end; great advice. I'll just add that when picking up a coin, people should always remember to only hold it by the edges.Originally Posted by digbird
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That two cents can pay big dividends in the end; great advice. I'll just add that when picking up a coin, people should always remember to only hold it by the edges.
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In my defense, I only touched the very edge, and washed my hands well, prior.
"Compulsory altruism is none too altruistic." - me
"All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon
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Merely a suggestion is all.
...be your own Health Care System... grow your own and eat well
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I use lighter fluid to remove tape glue. and wash with Dawn dish soap. I don't like dirty coins...and no , I don't smoke. LOL
Stacking since the late 1970's
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I don't sniff glue and do use dawn soap for dishes.But I do smoke,drink and gamble yet. Someday I'll quit, And always wear cotton gloves when handling my silver coins.
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Worry over fingerprints is one reason why I don't purchase coins that have a premium based upon their condition. I mostly purchase PM for the underlying value of the metal and sometimes due to the brand/shape. I did the math and posted it some time ago regarding why I buy rounds & bars vs. ASE/AGE and leafs. Lower premium over spot. Basically, with a large move in POS/POG the lower the premium cost the larger the gain. I'm not suggesting that my way is the right way, or the only way, just that it is what works for me. Now back to your regularly scheduled posts & rants.
Do your own due diligence
I stand united with my friends & family in Canada who seek freedom.
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This purchase was a bullion purchase. I just wish they had packaged it more gently... I was not distraught about it, just a bit miffed.Worry over fingerprints is one reason why I don't purchase coins that have a premium based upon their condition. I mostly purchase PM for the underlying value of the metal and sometimes due to the brand/shape. I did the math and posted it some time ago regarding why I buy rounds & bars vs. ASE/AGE and leafs. Lower premium over spot. Basically, with a large move in POS/POG the lower the premium cost the larger the gain. I'm not suggesting that my way is the right way, or the only way, just that it is what works for me. Now back to your regularly scheduled posts & rants.
"Compulsory altruism is none too altruistic." - me
"All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon
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And that's what makes the world go 'round, brother! We all have our different approaches to stacking/collecting. I respect everyone's ways as that's what's right for them and who the hell am I to say differently? I like the way I do it- riding the line between simple bullion stacking and yet also collecting the better and rarer/scarcer old coins. It's the best of both worlds, IMO. I'll say this...it sure keeps me busy.Worry over fingerprints is one reason why I don't purchase coins that have a premium based upon their condition. I mostly purchase PM for the underlying value of the metal and sometimes due to the brand/shape. I did the math and posted it some time ago regarding why I buy rounds & bars vs. ASE/AGE and leafs. Lower premium over spot. Basically, with a large move in POS/POG the lower the premium cost the larger the gain. I'm not suggesting that my way is the right way, or the only way, just that it is what works for me. Now back to your regularly scheduled posts & rants.
And to you, Josh... I always enjoy your videos and hope you keep making them as I find them fun and informational. I've been a numismatist a long time too. I've mostly stopped going on to the "tube" because of their censorship, but I'll still click a link to your videos. I apologize though- I always seem to forget to "like them". I wanted to add that it's obvious that you know your stuff and I hope that you weren't taking previous comments as being antagonistic towards you. I think we're all on the same side here, brother. Indeed, the seller should have taken more care with the packaging. Again, good job with getting (proof) coins for less than or at bullion prices.
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Yes we must be respectful of others and their particular style of collecting. I divide my style in half. One half straight bullion, and the other half are the numi side. I soon learned to like graded coins and once I ventured into Pandas, it almost became mandatory for me to get coins and submit them to NGC, both for the higher grades but it is proof of being a legit coin verses a counterfeit. Spent a lot of time researching and becoming well versed in Pandas, met a lot of very interesting people along this road. Grading coins can be a value added venture and good for the piggy bank.
One thing of note, there probably are less gold Pandas in North America than say 9-10 years ago. Why? Several Chinese LCS sent people over to buy up many gold coins and man, did they ever load up and ship them back to their homeland, as the Chinese are big set collectors, so as a result lots left North America. Good luck to everyone what ever their style.
I don't usually get my bullion graded as there is no need too, but there are a few with really low mintages that it may make it worth the effort. Sometimes there are exception to the rules. Bronkster and I have chatted about a few of these low mintage AGE's in the past.
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About 10 or so years back, I had some of the very early (scarcer) Pandas and even then they were getting some very strong interest/prices. They were gold and platinum 1/2 ounce and full ounce beauties, but I eventually ended up selling them and flipping the profits towards other stuff with the end results being that I made out like a bandit. If I still had them, I'd have traded them to you Dig (if you would have needed/wanted them, that is. Sorry about that!) They weren't graded, but they were genuine, well kept and would have been good choices to get graded, IMO.
I didn't know that the Chinese did that. Do you suppose it was only Pandas that they were after, or just any gold coins in general, but with a leaning towards the Pandas? I'll give them this...It makes great sense to put together sets of coins (bullion or numismatic- doesn't matter), especially if one has a "good eye". It's always paid off for me.
Yup, we are definitely in agreement on the graded bullion thing. I won't usually submit the coins myself, but I'll certainly buy them that way (after checking for authenticity, of course) if the price is right. The trick, if there is one, is to closely follow the mintages of each current and particular year. And if you're putting together sets of coins, (even bullion), it pays to go back and *get those scarcer issues first*. And no, not every graded MS-69 or MS-70 coin in a genuine PCGS or NGC holder is going to rocket to the moon, but even the common ones will command higher prices if one ever decides to sell or trade. It's just a fact. There are just enough or too many (depending upon how one looks at it) people who go crazy over the graded stuff to not make it worth your while (to buy them already graded).
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