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PR: ANA Announces New 'First Slabbed' Procedure
WOW! I just found the following article posted in the
news.announce.currentevents.ANA newsgroup ... I'm glad they are finally taking action after that fiasco in Chicago last year! ================================================== ====== New "First Slabbed" Procedure Announced by American Numismatic Association (April 1, 2015) (API) (Colorado Springs, Colorado) The American Numismatic Association is pleased to announce a new procedure for the distribution of "first slabbed" coins at future ANA conventions, according to ANA Chief PR Flack Ponn Dearlmann. "We acknowledge that there were a few minor hiccups in the distribution of the Baseball Hall of Fame coins in Chicago last year", admitted Dearlmann, "and have implemented changes in the program to make this an even more fair, equitable, fun and profitable experience for our ANA members, our ANA deelers, the general public and the shelterally-challenged community. According to Dearlmann, at ten random times during each day of the convention, ten mini-helicopter drones will be launched from the ANA Message Center. Each drone will carry a plastic egg containing a number. One of the eggs will be gold, three will be silver and six will be bronze. At random times shortly after launching, each drone will drop its egg onto the bourse floor. If the egg lands within a dealer's bourse booth, that dealer will be able to claim the egg. If it lands exactly on the line between two dealer booths, the dealer with the most mustard stains on his shirt will be awarded the egg. Cameras on the drone will assure that no dealer adds mustard stains after the drop occurs -- any dealer caught doing so will be disqualified from participating in any further egg drops that day, will be required to recite five "Hail Q. Davids" in penance and pay a $631 fine to the ANA Executive Director's Secret Slush Fund (if such a fund existed, which it does not). In the event of a dispute between the two dealers, the decision of ANA Chief Mustard Stain Inspector Lewis Gary will be final. The ANA also formally guarantees that these egg drops will be ENTIRELY RANDOM, and that if somewhere between two and four eggs happen to land in incoming ANA President Jeff Garrett's booth each day, that will be PURELY COINCIDENTAL. Eggs which land in the aisles, the dining areas or the public areas of the government booths will be "up for grabs" according to Dearlmann. "First person to grab the egg, hold it aloft and shout 'Zerbe!' gets it", per Dearlmann. In the case of a "mutual possession" dispute, the ANA Egg Grab Referee Pendell Polka will make the determination of the winner, using surveillance video from the drone camera if necessary. Eggs which land within the private areas of the government booths will be retained by the appropriate government until their leaders can figure out what to do with them, which will undoubtedly be several months after the convention ends, and will so be meaningless. In the special case of an egg landing on a dealer's bourse case, a contest will be undertaken to award possession of the egg. Any collector seated in a visitor chair at the dealer's table will be permitted to compete in a round-robin sumo tournament among themselves to determine one of the challengers for the final duel. The dealer may nominate him- or herself or any member of his staff to be the other challenger. (NOTE: the collector may challenge the dealer's nominee as 'numismatically unworthy' if he or she suspects that the dealer hired this staff member specifically to compete in the challenge. The ANA Librarian Bibi O'Graphy will then ask the staff member a series of questions that only a serious numismatist could answer, such as "Whose portrait appears on the Lincoln cent?", "What color is the 'Red Book'"?, "How many coins are there in a roll of three-cent nickels?" and "What would you pay for a Lower Slobovian 1771 five quiznortz in PCGS MS64 with a gold CAC sticker?". Based on the responses, the Librarian will either qualify the staff member (in which case an arm-wrestling match will determine the egg winner), or disqualify the staff member (in which case the collector is awarded the egg). Dearlmann continued, "Once the eggs are awarded, the fun begins! The winners must rush across the bourse floor to the Meeting Place, where they will run though a muddy obstacle course and press a button which sounds a horn. They will then line up in order of finish and open their eggs one at a time. The ones with the bronze eggs are stuck with the numbers inside, while the ones with the silver eggs may swap numbers with the person on either side of them, and the one lucky person with the gold egg may swap numbers with the person on either side of them, or with the person two spots away from them. Once any swapping of numbers is completed, the winners then re-line up in numerical order and troop over the the U. S. Mint booth for processing. Once they pay for the coin, they get to select which slabbing service they want to use and which label style they want to select. The labels will all include the lines "ANA convention id, Early Slabbed, Day x, Drawing y, Number z", where 'convention id' will be Chicago 2015, Anaheim 2016 or whatever, the 'day' will be 1, 2, 3, etc. up to how many days the show runs, the 'drawing' will be between 1 and 10 each day and the 'number' will be between 1 and 10 as per the final slip they ended up with." Winners then have the option of either receiving their slabs later that day, or consigning them directly to the Official ANA Auction where they will be auctioned off in that evening's session. It is anticipated that the Day 1, Drawing 1, Number 1 slab could bring anywhere between $1.1 and $2.5 million depending on the topic of the coin. Obviously, some sort of base metal coin depicting some boring monument in Washington DC would fetch near the lower end of the estimate, while a precious metal coin featuring a popular personage might bring near the top of that range. In fact, if the proposed $1000 strontium-90 commemorative coin featuring the famous centanumisphilanfreakic rock musician Auric Neumann is authorized and released at an ANA convention, the 1/1/1 slab could easily realize between $10 and $20 million according to inside sources. "We look forward to the next ANA convention", Dearlmann concluded, "where these minor tweaks to the First Slabbed procedures should eliminate any lingering animus regarding the procedure used in the past, and provide our convention attendees with an interesting, exciting and totally non-discriminatory way of adding an immensely historic numismatic artifact to their collections." -- Ken Barr Numismatics * * * *email: P. O. Box 32541 * * * * * * website: *http://www.kenbarr.com San Jose, CA *95152 * * Coins, currency, exonumia, souvenir cards, etc. 408-272-3247 * NEXT SHOW: Santa Clara 04/17-19 (tentative) |
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#2
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PR: ANA Announces New 'First Slabbed' Procedure
LOL I was thinking last night about your annual post. I look forward to it every year. Keep up the good work Ken!
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PR: ANA Announces New 'First Slabbed' Procedure
Thanks Ken.
Take a look at this. Shades of your missing planchet joke: http://newcoinreleases.com/extreme-n...int-of-poland/ |
#4
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PR: ANA Announces New 'First Slabbed' Procedure
On Wednesday, April 1, 2015 at 3:35:29 AM UTC-4, Ken Barr wrote:
WOW! I just found the following article posted in the news.announce.currentevents.ANA newsgroup ... I'm glad they are finally taking action after that fiasco in Chicago last year! ================================================== ====== New "First Slabbed" Procedure Announced by American Numismatic Association (April 1, 2015) (API) (Colorado Springs, Colorado) The American Numismatic Association is pleased to announce a new procedure for the distribution of "first slabbed" coins at future ANA conventions, according to ANA Chief PR Flack Ponn Dearlmann. "We acknowledge that there were a few minor hiccups in the distribution of the Baseball Hall of Fame coins in Chicago last year", admitted Dearlmann, "and have implemented changes in the program to make this an even more fair, equitable, fun and profitable experience for our ANA members, our ANA deelers, the general public and the shelterally-challenged community. According to Dearlmann, at ten random times during each day of the convention, ten mini-helicopter drones will be launched from the ANA Message Center. Each drone will carry a plastic egg containing a number. One of the eggs will be gold, three will be silver and six will be bronze. At random times shortly after launching, each drone will drop its egg onto the bourse floor. If the egg lands within a dealer's bourse booth, that dealer will be able to claim the egg. If it lands exactly on the line between two dealer booths, the dealer with the most mustard stains on his shirt will be awarded the egg. Cameras on the drone will assure that no dealer adds mustard stains after the drop occurs -- any dealer caught doing so will be disqualified from participating in any further egg drops that day, will be required to recite five "Hail Q. Davids" in penance and pay a $631 fine to the ANA Executive Director's Secret Slush Fund (if such a fund existed, which it does not). In the event of a dispute between the two dealers, the decision of ANA Chief Mustard Stain Inspector Lewis Gary will be final. The ANA also formally guarantees that these egg drops will be ENTIRELY RANDOM, and that if somewhere between two and four eggs happen to land in incoming ANA President Jeff Garrett's booth each day, that will be PURELY COINCIDENTAL. Eggs which land in the aisles, the dining areas or the public areas of the government booths will be "up for grabs" according to Dearlmann. "First person to grab the egg, hold it aloft and shout 'Zerbe!' gets it", per Dearlmann. In the case of a "mutual possession" dispute, the ANA Egg Grab Referee Pendell Polka will make the determination of the winner, using surveillance video from the drone camera if necessary. Eggs which land within the private areas of the government booths will be retained by the appropriate government until their leaders can figure out what to do with them, which will undoubtedly be several months after the convention ends, and will so be meaningless. In the special case of an egg landing on a dealer's bourse case, a contest will be undertaken to award possession of the egg. Any collector seated in a visitor chair at the dealer's table will be permitted to compete in a round-robin sumo tournament among themselves to determine one of the challengers for the final duel. The dealer may nominate him- or herself or any member of his staff to be the other challenger. (NOTE: the collector may challenge the dealer's nominee as 'numismatically unworthy' if he or she suspects that the dealer hired this staff member specifically to compete in the challenge. The ANA Librarian Bibi O'Graphy will then ask the staff member a series of questions that only a serious numismatist could answer, such as "Whose portrait appears on the Lincoln cent?", "What color is the 'Red Book'"?, "How many coins are there in a roll of three-cent nickels?" and "What would you pay for a Lower Slobovian 1771 five quiznortz in PCGS MS64 with a gold CAC sticker?". Based on the responses, the Librarian will either qualify the staff member (in which case an arm-wrestling match will determine the egg winner), or disqualify the staff member (in which case the collector is awarded the egg). Dearlmann continued, "Once the eggs are awarded, the fun begins! The winners must rush across the bourse floor to the Meeting Place, where they will run though a muddy obstacle course and press a button which sounds a horn. They will then line up in order of finish and open their eggs one at a time. The ones with the bronze eggs are stuck with the numbers inside, while the ones with the silver eggs may swap numbers with the person on either side of them, and the one lucky person with the gold egg may swap numbers with the person on either side of them, or with the person two spots away from them. Once any swapping of numbers is completed, the winners then re-line up in numerical order and troop over the the U. S. Mint booth for processing. Once they pay for the coin, they get to select which slabbing service they want to use and which label style they want to select. The labels will all include the lines "ANA convention id, Early Slabbed, Day x, Drawing y, Number z", where 'convention id' will be Chicago 2015, Anaheim 2016 or whatever, the 'day' will be 1, 2, 3, etc. up to how many days the show runs, the 'drawing' will be between 1 and 10 each day and the 'number' will be between 1 and 10 as per the final slip they ended up with." Winners then have the option of either receiving their slabs later that day, or consigning them directly to the Official ANA Auction where they will be auctioned off in that evening's session. It is anticipated that the Day 1, Drawing 1, Number 1 slab could bring anywhere between $1.1 and $2.5 million depending on the topic of the coin. Obviously, some sort of base metal coin depicting some boring monument in Washington DC would fetch near the lower end of the estimate, while a precious metal coin featuring a popular personage might bring near the top of that range. In fact, if the proposed $1000 strontium-90 commemorative coin featuring the famous centanumisphilanfreakic rock musician Auric Neumann is authorized and released at an ANA convention, the 1/1/1 slab could easily realize between $10 and $20 million according to inside sources. "We look forward to the next ANA convention", Dearlmann concluded, "where these minor tweaks to the First Slabbed procedures should eliminate any lingering animus regarding the procedure used in the past, and provide our convention attendees with an interesting, exciting and totally non-discriminatory way of adding an immensely historic numismatic artifact to their collections." -- Ken Barr Numismatics * * * *email: P. O. Box 32541 * * * * * * website: *http://www.kenbarr.com San Jose, CA *95152 * * Coins, currency, exonumia, souvenir cards, etc. 408-272-3247 * NEXT SHOW: Santa Clara 04/17-19 (tentative) Thanks, Ken. Like Jud, I look forward to your annual post. Jerry |
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