Posted: 9/12/2010 6:15:53 PM |
collectors are holding back?
I haven't been buying many top quality coins for a while. The simple truth is that for the sets I'm building, there just haven't been that many "stand out" coins for sale. I have built on some smaller sets and picked up a few odds and ends here and there.......
First, I just sent a submission with my limited edition 1935-2010 Canada proof commem set. Secondly, I purchased the regular issue 2010 Canada proof set and when those arrive I'll send in the 10c, $2 and bimettalic ship coin in for slabbing so that I can add them to my sets.
I've purchased about 5-6 smaller gold coins but I've also removed all of my gold coins from the registry. Maybe I need measuring for a tinfoil hat but some of the things that are happening in our country have made me a bit cautious. I don't know if anyone noticed but hidden in the healthcare bill was a stipulation that all purchases/sales of precious metals over $600 now have to be reported to the government. It makes me wonder if they are simply preparing for another 1933 type of gold confiscation again--and this bill includes collector coins as well as bullion. Why it was hidden in the Healthcare bill has me scratching my head ( just like the HealthCare rationing panels DO really exist--they were just hidden/established in the "stimulus" bill).
Anyhow, enough of running off topic, just a friendly caution to my friends here about showing off your holdings--you never know what is coming next in our upside down world.
I am excited about the upcoming Goldberg's auction though !!!! The catalog looks great and there are at least 5-6 really attractive top-pop coins that have me salivating. The biggest issue will be trying to decide on which 2-3 to bid on since I can't afford to put firm, winning bids on 5 or 6 coins ( and hopefully I won't get shut out by biddding on just 2-3 and getting outbid on those).
Also, a question if anyone wants to PM me with some info--I have found that my 1962-D Franklin has a BOLD repunched mintmark. There is no record in either Cherrypickers/Fivaz or anywhere I've looked of this variety but there is NO DOUBT that this is what I have in my possesion. I'm not hoping that it is a rare, valuable coin--but it would be pretty cool to be credited for discovering a new variety ! I'll post a picture in another journal once I can get a clear close-up of the repunched "D/D"
Finally, I've continued to add to my Barber half set...I even broke down and got about 15 of them slabbed. I haven't listed it here at NGC because I used the other registry service for slabbing and didn't want to list the set here when all of the coins were in the other holders--just trying to be respectful. Here's the latest acquisition..an under-rated tougher date 1910 ( mintage of only 418,000-- 100 years ago means there aren't a lot around)--if you remember I'm trying to build the set with coins graded Fine 12 to Extra Fine 40--no Goods and nothing AU or BU..just a "FINE" set...
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