grading/selling the family collection

Well, I bit the bullet, graded the entire collection via NGC, any that
have "details" are down at ANACS being graded right now. It cost an
arm and a leg but I think it was worth it, if only for insurance
purposes and also if we want or need to sell them everyone will know
what is what, particularly us, because we don't know squat.

Now we know what we have (or more precisely, what NGC and ANACS says
we have). We're selling the pieces we have in multiples or don't want
to collect in order to pay for the ones we do. There was a surplus of
some pretty Morgans and we don't plan on keeping many commemoratives
with some exceptions. So some are up for sale on ebay and more going
up this month and next. Taking accurate pictures of them is most
daunting. Like anything beautiful and shiney, some photograph like a
dream and some are awful and refuse to give me anything more than
blur.

http://coins.search.ebay.com/_Coins-...QsassZarttoots

About the collection: Most of them graded at MS, a few at AU, so
ultimately this is a wonderful collection, a lifetime of trading my
father in law engaged in. He didn't have much and my husband tells
some funny stories about his trades, one involving an accordion that
was traded back and forth at various times, supposedly for him
although he never played or even expressed a desire to learn. But
somehow all this back and forth would come down to coins and
trading.

On the down side, turns out two of the gold were not genuine - an
absolutely beauteous 1855 Princess (broke my heart, she is so pretty)
and the '08 Liberty I once posted here because I was worried about a
little shmootch that was on her face. Bummer. But they are gold and
they are pretty. When we visited with him a couple of months back,
we didn't have the heart to tell him and probably will never.

This collection is his life's work and he very much enjoyed the idea
that we are going to maintain it. I was glad to see that his heart
was in the Morgans because I believe we can complete it for the most
part. We are missing 8 of them....one obviously we will never get our
hands on, but the other 7 are doable.

I had the good fortune to be dealing with one person at NGC and he was
very helpful to me and had a surplus of patience for what were
probably goofy questions. I asked how could the "not genuine" gold
coins look so genuine ...at least to my untrained eyes. I looked at a
lot of pictures and books and these are pips! He said the really nice
copies come from the middle east. I later read what may give them
some value is not only how beautiful they are but that they are at
least as valuable in gold weight as the genuine article. If not, he
who sells it will lose a hand for stealing.

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Best to you all and thanks for reading,
Cynthia

On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

On Sun, 2 Dec 2007 19:20:18 -0800 (PST), RF
wrote:

On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

At least his ads would not have contained all that vacuous chit-chat
and the interminable list of terms and conditions. And, he would
allow returns in a far more "honorable" gesture of "good faith".




--


Tony Cooper
Orlando, FL

On Dec 2, 9:20 pm, RF wrote:
On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

I was thinking the same thing, and I don't even know Ira, but that was
the down homiest ad I'd ever read here. I mean, for a guy who didn't
have much, it's a shame he never got around to it.

On Dec 2, 7:54 pm, wrote:
On Dec 2, 9:20 pm, RF wrote:

On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

I was thinking the same thing, and I don't even know Ira, but that was
the down homiest ad I'd ever read here. I mean, for a guy who didn't
have much, it's a shame he never got around to it.

who's ira?

justicecow wrote in
:

Well, I bit the bullet, graded the entire collection via NGC, any that
have "details" are down at ANACS being graded right now. It cost an
arm and a leg but I think it was worth it, if only for insurance
purposes and also if we want or need to sell them everyone will know
what is what, particularly us, because we don't know squat.

Now we know what we have (or more precisely, what NGC and ANACS says
we have). We're selling the pieces we have in multiples or don't want
to collect in order to pay for the ones we do. There was a surplus of
some pretty Morgans and we don't plan on keeping many commemoratives
with some exceptions. So some are up for sale on ebay and more going
up this month and next. Taking accurate pictures of them is most
daunting. Like anything beautiful and shiney, some photograph like a
dream and some are awful and refuse to give me anything more than
blur.

http://coins.search.ebay.com/_Coins-...C12QQsacatZ111
16QQsassZarttoots

About the collection: Most of them graded at MS, a few at AU, so
ultimately this is a wonderful collection, a lifetime of trading my
father in law engaged in. He didn't have much and my husband tells
some funny stories about his trades, one involving an accordion that
was traded back and forth at various times, supposedly for him
although he never played or even expressed a desire to learn. But
somehow all this back and forth would come down to coins and
trading.

On the down side, turns out two of the gold were not genuine - an
absolutely beauteous 1855 Princess (broke my heart, she is so pretty)
and the '08 Liberty I once posted here because I was worried about a
little shmootch that was on her face. Bummer. But they are gold and
they are pretty. When we visited with him a couple of months back,
we didn't have the heart to tell him and probably will never.

This collection is his life's work and he very much enjoyed the idea
that we are going to maintain it. I was glad to see that his heart
was in the Morgans because I believe we can complete it for the most
part. We are missing 8 of them....one obviously we will never get our
hands on, but the other 7 are doable.

I had the good fortune to be dealing with one person at NGC and he was
very helpful to me and had a surplus of patience for what were
probably goofy questions. I asked how could the "not genuine" gold
coins look so genuine ...at least to my untrained eyes. I looked at a
lot of pictures and books and these are pips! He said the really nice
copies come from the middle east. I later read what may give them
some value is not only how beautiful they are but that they are at
least as valuable in gold weight as the genuine article. If not, he
who sells it will lose a hand for stealing.

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Best to you all and thanks for reading,
Cynthia


Nice coins, looks good so far and I wish you luck.
It is my opinion however that there is no excuse for a blurry coin photo.
If you invested an arm & leg for grading you ought to kick in a toe for a
decent digital cam ... Though like I said, the ones so far look Ok.
I would never post a coin auction with a blurry pic.
My only suggestion would be to link your pics to a photohosting outfit like
photobucket, that way you'd give potential buyers a much more informative
view of the coin, good for them and good for you also, to avoid any
potential misunderstandings about condition - And avoid the extra cost
associated with jumbo ebay pics.
Heres an example of mine http://tinyurl.com/yt5spt

On Dec 2, 10:43 pm, tony cooper wrote:
On Sun, 2 Dec 2007 19:20:18 -0800 (PST), RF
wrote:

On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

At least his ads would not have contained all that vacuous chit-chat
and the interminable list of terms and conditions. And, he would
allow returns in a far more "honorable" gesture of "good faith".

Yep, I guess that excuses the screwing he gives to the people who sell
him their coins.
Coin dealers = parasites

"RF" wrote in message
...
On Dec 2, 10:43 pm, tony cooper wrote:
On Sun, 2 Dec 2007 19:20:18 -0800 (PST), RF
wrote:

On Dec 2, 10:34 am, justicecow wrote:

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Gee you should have offered them to Ira.
He would have given you about half what they're worth (if you're
extremely lucky) and turned around and put them up on eBay then
spammed the group with his auction notices.

At least his ads would not have contained all that vacuous chit-chat
and the interminable list of terms and conditions. And, he would
allow returns in a far more "honorable" gesture of "good faith".

Yep, I guess that excuses the screwing he gives to the people who sell
him their coins.

Coin dealers = parasites

This is just plain wrong. It's unfortuante that you have had such bad
experiences with dealers to come up with such an absurd conclusion. One
must select a dealer as carefully as one selects a rare coin. When you find
one or two that are right for you, they will make it possible for you to
assemble a satisfying collection that you simply could not do on your own.

I find that most people who bash dealers want to pay them $1000 for a $2000
coin and then sell it back to them for $3000. Wake up, they're in business
to make money and very few of them make much of it.

You clearly have issues with Ira, and that is your business. I do not know
Ira, but his offered coins are nearly always exceptional specimens for the
grade and are not unfairly priced in today's market.

W.

On Dec 2, 10:02 pm, Xray wrote:
justicecow wrote :



Well, I bit the bullet, graded the entire collection via NGC, any that
have "details" are down at ANACS being graded right now. It cost an
arm and a leg but I think it was worth it, if only for insurance
purposes and also if we want or need to sell them everyone will know
what is what, particularly us, because we don't know squat.

Now we know what we have (or more precisely, what NGC and ANACS says
we have). We're selling the pieces we have in multiples or don't want
to collect in order to pay for the ones we do. There was a surplus of
some pretty Morgans and we don't plan on keeping many commemoratives
with some exceptions. So some are up for sale on ebay and more going
up this month and next. Taking accurate pictures of them is most
daunting. Like anything beautiful and shiney, some photograph like a
dream and some are awful and refuse to give me anything more than
blur.

http://coins.search.ebay.com/_Coins-...refZC12QQsacat...
16QQsassZarttoots

About the collection: Most of them graded at MS, a few at AU, so
ultimately this is a wonderful collection, a lifetime of trading my
father in law engaged in. He didn't have much and my husband tells
some funny stories about his trades, one involving an accordion that
was traded back and forth at various times, supposedly for him
although he never played or even expressed a desire to learn. But
somehow all this back and forth would come down to coins and
trading.

On the down side, turns out two of the gold were not genuine - an
absolutely beauteous 1855 Princess (broke my heart, she is so pretty)
and the '08 Liberty I once posted here because I was worried about a
little shmootch that was on her face. Bummer. But they are gold and
they are pretty. When we visited with him a couple of months back,
we didn't have the heart to tell him and probably will never.

This collection is his life's work and he very much enjoyed the idea
that we are going to maintain it. I was glad to see that his heart
was in the Morgans because I believe we can complete it for the most
part. We are missing 8 of them....one obviously we will never get our
hands on, but the other 7 are doable.

I had the good fortune to be dealing with one person at NGC and he was
very helpful to me and had a surplus of patience for what were
probably goofy questions. I asked how could the "not genuine" gold
coins look so genuine ...at least to my untrained eyes. I looked at a
lot of pictures and books and these are pips! He said the really nice
copies come from the middle east. I later read what may give them
some value is not only how beautiful they are but that they are at
least as valuable in gold weight as the genuine article. If not, he
who sells it will lose a hand for stealing.

Well anyway, they're up for grabs. The commemoratives for the most
part come with the original box from the mint.

Best to you all and thanks for reading,
Cynthia

Nice coins, looks good so far and I wish you luck.
It is my opinion however that there is no excuse for a blurry coin photo.
If you invested an arm & leg for grading you ought to kick in a toe for a
decent digital cam ... Though like I said, the ones so far look Ok.
I would never post a coin auction with a blurry pic.
My only suggestion would be to link your pics to a photohosting outfit like
photobucket, that way you'd give potential buyers a much more informative
view of the coin, good for them and good for you also, to avoid any
potential misunderstandings about condition - And avoid the extra cost
associated with jumbo ebay pics.
Heres an example of minehttp://tinyurl.com/yt5spt

I agree with you wholeheartedly. I have a really nice canon and I'm
trying different lighting situations to maximize the detail.
Sometimes great, sometimes not so but I'll tell you, I'm not satisfied
with ebay's end of it. I am giving them solid, huge image files and
they don't magnify. I stopped using vendio where they do offer
magnification but their prices have gotten a little over the top and
they want a piece of the action of top of ebay's.

You know, I'm going to investigate the photohosting idea. I really
appreciate your advice. We don't have a lot of coins to sell but I do
want to offer the best in information and images that I can.
Thanks.

On Dec 3, 2:07 am, "1787" wrote:

This is just plain wrong. It's unfortuante that you have had such bad
experiences with dealers to come up with such an absurd conclusion. One
must select a dealer as carefully as one selects a rare coin. When you find
one or two that are right for you, they will make it possible for you to
assemble a satisfying collection that you simply could not do on your own.

I find auctions and other collectors the best venues for buying coins.

I find that most people who bash dealers want to pay them $1000 for a $2000
coin and then sell it back to them for $3000. Wake up, they're in business
to make money and very few of them make much of it.

And you find that an acceptable business practice?
Granted, it's typical but that doesn't make it acceptable.


You clearly have issues with Ira, and that is your business. I do not know
Ira, but his offered coins are nearly always exceptional specimens for the
grade and are not unfairly priced in today's market.

Perhaps, as you say they are not "unfairly priced" but what of the
poor sucker who sold him his coins? Do you think he got anywhere near
market value.
No! Parasite dealers pay a mere pittance then jack the price up
outrageously!
Just look at the ads for modern coins in Coin World.
Dealers routinely offering President dollar rolls for $37.50 - a
whopping 50% markup for coins I can get at the bank! And that doesn't
even include postage!!!
And if they are doing that, you can just imagine what they're doing
with everything else they sell!
Nope, give me a good auction (eBay or otherwise) any day - fair to the
seller and fair to the buyer. No parasitical dealers need be involved.