FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU

"Sibirskmoneta" wrote in message
...

"Ira" wrote in message
oups.com...
One of the finest Ms-64 RDs I've ever seen. In a 7 year old slab. Why
is this important? Because a few 64Rdson the market now, 2 of which
are inPCGS slabs, have been reclored by coin doctor(s)! Within a year,
the color becomes unnatoral and the coin can no longer be called
original. After a coin
has been recolored, the surfaces are then chemically active, and even
within a slab, the surfaces continue to change visually. When the
coloring is fresh and skillfully done, the coin can fool PCGS and NGC
and the other two better slabbers. The rest of the grading companies
just don't care as they offer no
meaningful guarantees. This coin has remained unchanged for 7 years
and the color is completely natural and original. Sorry, Oly, this one
will cost you well over $8,000.

See it at:http://cgi.ebay.com/1955-55-DDO-Linc...PCGS-MS-64-RD-
Very-PQ-NR_W0QQitemZ250139097710


Hey Ira, ignore your troll. I think the real problem here is his mental
deficiency and feelings of inadequacy at not being able to afford even the
least costly of your treasures.

The 1955 DDO is not my cup of tea, but this is:

http://www.geocities.com/scottishmon...799dollar2.jpg

My only pedigreed Iras4 coin and one that got me put to the canine
domicile when the Master didn't approve. But she got over my new love
affair with Anne. (Yes, significant enough she got a name.)


Please stop showing off as it's most undignified. :-) I do like that coin.
I think I'll get me one of them Chinese versions, much cheapness and they
bring luck also.

Much more attractive than a small brown coin minted in the billions even if
it is a rare variety in high grade, just IMHO of course. Billy

"oly" wrote in message
ps.com...
On Jul 5, 9:23 pm, oly wrote:
On Jul 5, 9:01 pm, oly wrote:





On Jul 5, 8:50 pm, "Bruce Remick" wrote:

"oly" wrote in message

ups.com...

On Jul 5, 7:06 pm, "Bruce Remick" wrote:
"oly" wrote in message

oups.com...

On Jul 5, 6:40 am, "Bruce Remick" wrote:
"oly" wrote in message

I've been very fortunate in life and at age 48, the knocks have
been
very few.

Of course, a person can avoid a lot of knocks by being sensible.
Buying a Lincoln Cent for $13,400 is not sensible.

To you perhaps. To others, it is. With most collectible hobbies
an
outsider might say that the prices paid for certain items are not
sensible--
except to the person who wanted a particular item badly enough. I
don't
see
how you can say that $13,400 is not sensible, while at the same
time you
seem to have no problem accepting the sense of someone paying
$1,500 for
that same "recent" Lincoln Cent. Everything's relative.
Condition, eye
appeal, value. Everything.

Bruce

The way I see it, $1,500 is just more of an acceptable loss than a
loss of $13,400.

I said "IF you must have a 1955 double die Lincoln..."

Both purchases of so little (a single cent) for so much (the
equivalent) 500 gallons of gasoline, dozens of sacks of groceries)
are
really candidates for the theatre of the absurd.

Sort of like someone paying $5,000 for that old squished penny or a
Charles
II five guineas, instead of buying sacks of groceries? If you find
paying
$13K for a certain scarce high grade Lincoln Cent to be unbelievable,
you
must either be new to the hobby or you live in the past.

Bruce- Hide quoted text -

- Show quoted text -

I believe that people pay absurd prices for some things; I also
believe that, soon enough, they will rue the day they were so stupid.

oly- Hide quoted text -

- Show quoted text -

Also, the Charles II five guineas is a real coin. From its birth, it
was a uncontested treasure for kings, nobles, merchants, bankers and
commoners. Any Charles II five guineas may well have survived the
Plague of 1665, The Great Fire of London, The Popish Plot, The
Glorious Revolution, The Wars in Ireland, The Great Recoinage, The
Jacobite Rebellions, the Napoleonic Era, The Industrial Revolution,
The First and Second World Wars and the depredations of the Socialist
Governments from 1946. Such is the glorious history of a five guineas
of a certain age.

A 1955 double die Lincoln Cent is a kind of crippled from birth - an
aborted, mishapen diddle-E-squat; from the beginning it was a the
shill of promoters and quick buck artists. It survived Nixon lying to
us all on TV, and it survived Slick Willie getting a couple of Oval
Office blow jobs. Today it is a great thing to sell; a questionable
thing to buy.

oly- Hide quoted text -

- Show quoted text -

Bruce, additionally, you are also missing that I feel that credit
conditions in this country are about to become very stringent.

I don't doubt you are right.


Some people you really gotta spell it out for. They are that dense.

Don't you follow the Bear Stearns collaterlaized mortgage/ subprime
loan packages fiasco? (Bear Stearns and Merrill Lynch can't get bids
for even five cents on the dollar for loan packages that they carried
on their books at 100% just two months ago).

Nope. Not my interest. Probably why I don't see how this relates to
spending $13K for a coin if you can afford it.


Don't you follow the reversals in the housing markets? The U.S.
coasts are doing ****y, thank you.

I live on the US east coast. I personally couldn't care less about the
housing market. My home is paid for. I also don't get excited when I read
that the economy or "consumer confidence" is up or down. Abstract notions
that may not affect any two citizens the same way.


Don't you realize that almost all of the middle class luxuries (and a
fair share of the necessities) of the last seven years have come from
cash out refinancing on residential real estate? Don't you realize
that the "Housing ATM" is shut down if house prices aren't rising?

I don't care. All I am concerned about is my own situation, not a universal
generalization. Actually, I am glad housing prices have stopped rising. I
was getting tired of seeing my property assessment & taxes rise over 20% a
year.


In my opinion, it's a good time to lighten up on some of those pricey
U.S. things.

Good advice for many people -- but not necessarily everyone.

Bruce

"tony cooper" wrote in message
...
On Thu, 05 Jul 2007 19:35:48 -0700, oly wrote:

Right. Send my daughter to school with the coloreds,

Prior to this post, I felt that you might be an interesting person and
a worthwhile contributor to RCC if you'd get off this Ira thing.

But this post sealed it. You have no redeeming social value.


--


Tony Cooper
Orlando, FL

I didn't see oly's post as he is kill filed, now will the doubters believe
that he's a sad troll? Billy

"Sibirskmoneta" wrote in message
...

"Ira" wrote in message
oups.com...
One of the finest Ms-64 RDs I've ever seen. In a 7 year old slab. Why
is this important? Because a few 64Rdson the market now, 2 of which
are inPCGS slabs, have been reclored by coin doctor(s)! Within a year,
the color becomes unnatoral and the coin can no longer be called
original. After a coin
has been recolored, the surfaces are then chemically active, and even
within a slab, the surfaces continue to change visually. When the
coloring is fresh and skillfully done, the coin can fool PCGS and NGC
and the other two better slabbers. The rest of the grading companies
just don't care as they offer no
meaningful guarantees. This coin has remained unchanged for 7 years
and the color is completely natural and original. Sorry, Oly, this one
will cost you well over $8,000.

See it at:http://cgi.ebay.com/1955-55-DDO-Linc...PCGS-MS-64-RD-
Very-PQ-NR_W0QQitemZ250139097710


Hey Ira, ignore your troll. I think the real problem here is his mental
deficiency and feelings of inadequacy at not being able to afford even the
least costly of your treasures.

The 1955 DDO is not my cup of tea, but this is:

http://www.geocities.com/scottishmon...799dollar2.jpg

My only pedigreed Iras4 coin and one that got me put to the canine
domicile when the Master didn't approve. But she got over my new love
affair with Anne. (Yes, significant enough she got a name.)

I can still remember the day I called Ira to buy that coin and he put me on
hold. When he took me off hold, he announced that the coin had been spoken
for. You beat me to it by seconds! No hard feelings, of course.
Grrr......grrrrr...........

James

"note.boy" wrote in message
...

"tony cooper" wrote in message
...
On Thu, 05 Jul 2007 19:35:48 -0700, oly wrote:

Right. Send my daughter to school with the coloreds,

Prior to this post, I felt that you might be an interesting person and
a worthwhile contributor to RCC if you'd get off this Ira thing.

But this post sealed it. You have no redeeming social value.


--


Tony Cooper
Orlando, FL

I didn't see oly's post as he is kill filed, now will the doubters believe
that he's a sad troll? Billy

No.

James

"oly" wrote in message
ups.com...
On Jul 5, 9:50 pm, "Bruce Remick" wrote:
"oly" wrote in message

ups.com...





On Jul 5, 9:01 pm, oly wrote:
On Jul 5, 8:50 pm, "Bruce Remick" wrote:

"oly" wrote in message

ups.com...

On Jul 5, 7:06 pm, "Bruce Remick" wrote:
"oly" wrote in message

oups.com...

On Jul 5, 6:40 am, "Bruce Remick" wrote:
"oly" wrote in message

I've been very fortunate in life and at age 48, the knocks have
been
very few.

Of course, a person can avoid a lot of knocks by being
sensible.
Buying a Lincoln Cent for $13,400 is not sensible.

To you perhaps. To others, it is. With most collectible
hobbies
an
outsider might say that the prices paid for certain items are not
sensible--
except to the person who wanted a particular item badly enough.
I
don't
see
how you can say that $13,400 is not sensible, while at the same
time
you
seem to have no problem accepting the sense of someone paying
$1,500
for
that same "recent" Lincoln Cent. Everything's relative.
Condition,
eye
appeal, value. Everything.

Bruce

The way I see it, $1,500 is just more of an acceptable loss than a
loss of $13,400.

I said "IF you must have a 1955 double die Lincoln..."

Both purchases of so little (a single cent) for so much (the
equivalent) 500 gallons of gasoline, dozens of sacks of groceries)
are
really candidates for the theatre of the absurd.

Sort of like someone paying $5,000 for that old squished penny or a
Charles
II five guineas, instead of buying sacks of groceries? If you find
paying
$13K for a certain scarce high grade Lincoln Cent to be
unbelievable,
you
must either be new to the hobby or you live in the past.

Bruce- Hide quoted text -

- Show quoted text -

I believe that people pay absurd prices for some things; I also
believe that, soon enough, they will rue the day they were so stupid.

oly- Hide quoted text -

- Show quoted text -

Also, the Charles II five guineas is a real coin. From its birth, it
was a uncontested treasure for kings, nobles, merchants, bankers and
commoners. Any Charles II five guineas may well have survived the
Plague of 1665, The Great Fire of London, The Popish Plot, The
Glorious Revolution, The Wars in Ireland, The Great Recoinage, The
Jacobite Rebellions, the Napoleonic Era, The Industrial Revolution,
The First and Second World Wars and the depredations of the Socialist
Governments from 1946. Such is the glorious history of a five guineas
of a certain age.

If there were albums with a hole for this coin, maybe more people would
be
care about it . No doubt it's an attractive coin, but I have never seen
one, and at most, it would simply belong on a list of hundreds of similar
coins I would enjoy owning



A 1955 double die Lincoln Cent is a kind of crippled from birth - an
aborted, mishapen diddle-E-squat; from the beginning it was a the
shill of promoters and quick buck artists.

Obviously, you never bothered looking into the history of the coin you go
into such detail ridiculing. I was collecting when it was struck and
found
two nice ones in circulation when they were still pretty much novelties.
I
have no recollection of any shills or quick buck artists. (Although
these
types did surface later hyping the "1955 Poorman's double die" ) And I
could sell either of mine for a couple grand whenever I chose to. Once
the
variety became accepted and listed in the Redbook and included in albums,
it
became a highly sought after modern rarity. You already noticed the
prices
collectors will pay for a nice one. Nothing says that it is a coin for
every collector, but there are enough serious Lincoln collectors out
there
to keep its value intact.

Today it is a great thing to sell; a questionable

thing to buy.

Doesn't it take two to tango? If it's a questionable thing to buy, it
should be because it's NOT easy to sell. If it's a great thing to sell,
it
must be because there are always eager buyers.

Bruce- Hide quoted text -

- Show quoted text -

Cheeses, common stocks, collectibles, and many other assets can all
hit a high point and then suddenly fall from great heights. Could I
interest you in some ENRON shares, Bruce? Or an very overripe
Stilton?

On the day back in March 2000 when the primary NASDAQ hit an intraday
high of 5,300, there was EXACTLY one seller for every buyer. Today
the NASDAQ is only about 2,500, and that is a recovery from a low of
1,300 about the year 2003. Those sellers in March 2000 did pretty
well.

Assets classes often hit highs, then their market suddenly collapse
(and this action is always unexpected for true believers) and then it
takes a generation or more to come back (if it every comes back).

Not much of a student of economic history, eh?

No. Because economists always talk in generalities, theories, and averages.
More preachers than pragmatists. Nowhere in your spiel above does anything
specifically relate to why I would be stupid to buy a 1955 DDO for $13K if I
could afford it. The ENRON collapse never affected me. What sold or didn't
on NASDAC never did either.

I won't argue with the volatility of cheeses, common stocks, and even
collectibles. But from my experience, any rare coins that took a nosedive
in value over the past 50 years were notable exceptions, and none come to
mind right now. Perhaps that generalization could be an economics lesson
in itself,

Bruce

Sibirskmoneta wrote

The 1955 DDO is not my cup of tea, but this is:

http://www.geocities.com/scottishmon...799dollar2.jpg

I like the idea of the USA being a sub-division of Scotland!
My only pedigreed Iras4 coin and one that got me put to the canine domicile
when the Master didn't approve. But she got over my new love affair with
Anne. (Yes, significant enough she got a name.)

That is a beautiful coin.
--
Roger Hunt

"note.boy" wrote in message news:xKqji.13377
Please stop showing off as it's most undignified. :-) I do like that
coin. I think I'll get me one of them Chinese versions, much cheapness and
they bring luck also.

Much more attractive than a small brown coin minted in the billions even
if it is a rare variety in high grade, just IMHO of course. Billy


No, I will not take horseys in trade.

On Jul 6, 7:40 am, "Bruce Remick" wrote:
"oly" wrote in message

ps.com...





On Jul 5, 9:23 pm, oly wrote:
On Jul 5, 9:01 pm, oly wrote:

On Jul 5, 8:50 pm, "Bruce Remick" wrote:

"oly" wrote in message

ups.com...

On Jul 5, 7:06 pm, "Bruce Remick" wrote:
"oly" wrote in message

oups.com...

On Jul 5, 6:40 am, "Bruce Remick" wrote:
"oly" wrote in message

I've been very fortunate in life and at age 48, the knocks have
been
very few.

Of course, a person can avoid a lot of knocks by being sensible.
Buying a Lincoln Cent for $13,400 is not sensible.

To you perhaps. To others, it is. With most collectible hobbies
an
outsider might say that the prices paid for certain items are not
sensible--
except to the person who wanted a particular item badly enough. I
don't
see
how you can say that $13,400 is not sensible, while at the same
time you
seem to have no problem accepting the sense of someone paying
$1,500 for
that same "recent" Lincoln Cent. Everything's relative.
Condition, eye
appeal, value. Everything.

Bruce

The way I see it, $1,500 is just more of an acceptable loss than a
loss of $13,400.

I said "IF you must have a 1955 double die Lincoln..."

Both purchases of so little (a single cent) for so much (the
equivalent) 500 gallons of gasoline, dozens of sacks of groceries)
are
really candidates for the theatre of the absurd.

Sort of like someone paying $5,000 for that old squished penny or a
Charles
II five guineas, instead of buying sacks of groceries? If you find
paying
$13K for a certain scarce high grade Lincoln Cent to be unbelievable,
you
must either be new to the hobby or you live in the past.

Bruce- Hide quoted text -

- Show quoted text -

I believe that people pay absurd prices for some things; I also
believe that, soon enough, they will rue the day they were so stupid.

oly- Hide quoted text -

- Show quoted text -

Also, the Charles II five guineas is a real coin. From its birth, it
was a uncontested treasure for kings, nobles, merchants, bankers and
commoners. Any Charles II five guineas may well have survived the
Plague of 1665, The Great Fire of London, The Popish Plot, The
Glorious Revolution, The Wars in Ireland, The Great Recoinage, The
Jacobite Rebellions, the Napoleonic Era, The Industrial Revolution,
The First and Second World Wars and the depredations of the Socialist
Governments from 1946. Such is the glorious history of a five guineas
of a certain age.

A 1955 double die Lincoln Cent is a kind of crippled from birth - an
aborted, mishapen diddle-E-squat; from the beginning it was a the
shill of promoters and quick buck artists. It survived Nixon lying to
us all on TV, and it survived Slick Willie getting a couple of Oval
Office blow jobs. Today it is a great thing to sell; a questionable
thing to buy.

oly- Hide quoted text -

- Show quoted text -

Bruce, additionally, you are also missing that I feel that credit
conditions in this country are about to become very stringent.

I don't doubt you are right.



Some people you really gotta spell it out for. They are that dense.

Don't you follow the Bear Stearns collaterlaized mortgage/ subprime
loan packages fiasco? (Bear Stearns and Merrill Lynch can't get bids
for even five cents on the dollar for loan packages that they carried
on their books at 100% just two months ago).

Nope. Not my interest. Probably why I don't see how this relates to
spending $13K for a coin if you can afford it.



Don't you follow the reversals in the housing markets? The U.S.
coasts are doing ****y, thank you.

I live on the US east coast. I personally couldn't care less about the
housing market. My home is paid for. I also don't get excited when I read
that the economy or "consumer confidence" is up or down. Abstract notions
that may not affect any two citizens the same way.



Don't you realize that almost all of the middle class luxuries (and a
fair share of the necessities) of the last seven years have come from
cash out refinancing on residential real estate? Don't you realize
that the "Housing ATM" is shut down if house prices aren't rising?

I don't care. All I am concerned about is my own situation, not a universal
generalization. Actually, I am glad housing prices have stopped rising. I
was getting tired of seeing my property assessment & taxes rise over 20% a
year.



In my opinion, it's a good time to lighten up on some of those pricey
U.S. things.

Good advice for many people -- but not necessarily everyone.

Bruce- Hide quoted text -

- Show quoted text -

Bruce, I don't know anything regarding the source of your personal
wealth or income, but IMHO when credit dries up, you WILL be thinking
about all the recent negative developments in the mortgage and bond
markets.

It will affect everybody. It looks like a lot of Pension Fund money
is especially tied up in these nutty mortgage CDOs (collateralized
debt obligations).

A lot of the dealers at the major national and major regional coin
shows have NO capital except what they can borrow from banks and
credit unions. They are very vulnerable to rising interest rates and
any trend to tighten credit.

A $13,400 Lincoln Cent is priced for continuing economic nirvana, not
any bumpy or hard times.

oly

On Jul 6, 7:51 am, "Bruce Remick" wrote:
"oly" wrote in message

ups.com...





On Jul 5, 9:50 pm, "Bruce Remick" wrote:
"oly" wrote in message

roups.com...

On Jul 5, 9:01 pm, oly wrote:
On Jul 5, 8:50 pm, "Bruce Remick" wrote:

"oly" wrote in message

ups.com...

On Jul 5, 7:06 pm, "Bruce Remick" wrote:
"oly" wrote in message

oups.com...

On Jul 5, 6:40 am, "Bruce Remick" wrote:
"oly" wrote in message

I've been very fortunate in life and at age 48, the knocks have
been
very few.

Of course, a person can avoid a lot of knocks by being
sensible.
Buying a Lincoln Cent for $13,400 is not sensible.

To you perhaps. To others, it is. With most collectible
hobbies
an
outsider might say that the prices paid for certain items are not
sensible--
except to the person who wanted a particular item badly enough.
I
don't
see
how you can say that $13,400 is not sensible, while at the same
time
you
seem to have no problem accepting the sense of someone paying
$1,500
for
that same "recent" Lincoln Cent. Everything's relative.
Condition,
eye
appeal, value. Everything.

Bruce

The way I see it, $1,500 is just more of an acceptable loss than a
loss of $13,400.

I said "IF you must have a 1955 double die Lincoln..."

Both purchases of so little (a single cent) for so much (the
equivalent) 500 gallons of gasoline, dozens of sacks of groceries)
are
really candidates for the theatre of the absurd.

Sort of like someone paying $5,000 for that old squished penny or a
Charles
II five guineas, instead of buying sacks of groceries? If you find
paying
$13K for a certain scarce high grade Lincoln Cent to be
unbelievable,
you
must either be new to the hobby or you live in the past.

Bruce- Hide quoted text -

- Show quoted text -

I believe that people pay absurd prices for some things; I also
believe that, soon enough, they will rue the day they were so stupid.

oly- Hide quoted text -

- Show quoted text -

Also, the Charles II five guineas is a real coin. From its birth, it
was a uncontested treasure for kings, nobles, merchants, bankers and
commoners. Any Charles II five guineas may well have survived the
Plague of 1665, The Great Fire of London, The Popish Plot, The
Glorious Revolution, The Wars in Ireland, The Great Recoinage, The
Jacobite Rebellions, the Napoleonic Era, The Industrial Revolution,
The First and Second World Wars and the depredations of the Socialist
Governments from 1946. Such is the glorious history of a five guineas
of a certain age.

If there were albums with a hole for this coin, maybe more people would
be
care about it . No doubt it's an attractive coin, but I have never seen
one, and at most, it would simply belong on a list of hundreds of similar
coins I would enjoy owning

A 1955 double die Lincoln Cent is a kind of crippled from birth - an
aborted, mishapen diddle-E-squat; from the beginning it was a the
shill of promoters and quick buck artists.

Obviously, you never bothered looking into the history of the coin you go
into such detail ridiculing. I was collecting when it was struck and
found
two nice ones in circulation when they were still pretty much novelties.
I
have no recollection of any shills or quick buck artists. (Although
these
types did surface later hyping the "1955 Poorman's double die" ) And I
could sell either of mine for a couple grand whenever I chose to. Once
the
variety became accepted and listed in the Redbook and included in albums,
it
became a highly sought after modern rarity. You already noticed the
prices
collectors will pay for a nice one. Nothing says that it is a coin for
every collector, but there are enough serious Lincoln collectors out
there
to keep its value intact.

Today it is a great thing to sell; a questionable

thing to buy.

Doesn't it take two to tango? If it's a questionable thing to buy, it
should be because it's NOT easy to sell. If it's a great thing to sell,
it
must be because there are always eager buyers.

Bruce- Hide quoted text -

- Show quoted text -

Cheeses, common stocks, collectibles, and many other assets can all
hit a high point and then suddenly fall from great heights. Could I
interest you in some ENRON shares, Bruce? Or an very overripe
Stilton?

On the day back in March 2000 when the primary NASDAQ hit an intraday
high of 5,300, there was EXACTLY one seller for every buyer. Today
the NASDAQ is only about 2,500, and that is a recovery from a low of
1,300 about the year 2003. Those sellers in March 2000 did pretty
well.

Assets classes often hit highs, then their market suddenly collapse
(and this action is always unexpected for true believers) and then it
takes a generation or more to come back (if it every comes back).

Not much of a student of economic history, eh?

No. Because economists always talk in generalities, theories, and averages.
More preachers than pragmatists. Nowhere in your spiel above does anything
specifically relate to why I would be stupid to buy a 1955 DDO for $13K if I
could afford it. The ENRON collapse never affected me. What sold or didn't
on NASDAC never did either.

I won't argue with the volatility of cheeses, common stocks, and even
collectibles. But from my experience, any rare coins that took a nosedive
in value over the past 50 years were notable exceptions, and none come to
mind right now. Perhaps that generalization could be an economics lesson
in itself,

Bruce- Hide quoted text -

- Show quoted text -

Crashes are generally non-linear events. They happen when least
expected.

Well, except for the cheese example. That you can kinda plan on
"using it or losing it" within a certain time frame.

Do you work for an private or public employer promising a pension? Or
do you already draw one? If so, your pension fund is likely tied up
in this current economic crap du jour.

A $13,400 Lincoln cent is priced for economic nirvana forever, not any
bumpy or hard economic times.

oly