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What is your opinion on coin / medallic / token covers?



 
 
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  #1  
Old February 8th 12, 10:13 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Toke Nørby
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Posts: 115
Default What is your opinion on coin / medallic / token covers?

I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.

(posted in rec.collecting.stamps.discuss and rec.collecting.coins)

Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:
http://norbyhus.dk/
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  #2  
Old February 8th 12, 10:59 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Terry Reedy
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Posts: 188
Default What is your opinion on coin / medallic / token covers?

On 2/8/2012 4:13 PM, Toke Nørby wrote:
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.


I am not sure I have seen what you refer to. Do they have real coins? or
foil-covered cardboard, like the covered with 'gold-bars' inside a
plastic window.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?


For the gold-foil covers, the special group includes fools who think
they are actually getting gold, or at least metal of some sort. They are
a headache for show dealers who get to tell them the bad news that the
covers are at best worth pennies on the dollars paid.

tjr

  #3  
Old February 9th 12, 01:16 AM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Jerry Dennis
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Posts: 1,207
Default What is your opinion on coin / medallic / token covers?

On Feb 8, 4:13*pm, Toke Nørby wrote:
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.

(posted in rec.collecting.stamps.discuss and rec.collecting.coins)

Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:http://norbyhus.dk/


They're pretty much a marketing ploy by the Mint to make a few extra
bucks. For the most part, coin collectors don't buy them, preferring
the coin itself as opposed to a "cover." Like anything, the covers
have their collectors so I don't begrudge them. I'm sure we all have
our own "oddballs" that other collectors would say,
"Whatsamattafo'you?"

Jerry
  #4  
Old February 9th 12, 09:27 AM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Ken Barr
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Posts: 476
Default What is your opinion on coin / medallic / token covers?

In article ,
Toke Nørby wrote:

I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.


Philatelic Numismatic Combinations (PNCs) had their heyday in the 1960's
and 1970's ... they've been pretty much moribund since then. 99 Company
PNCs still show up on eBay from time to time, but I suspect that they
generate little interest above the coin's intrinsic or numismatic value.

The U. S. Mint is a latecomer to this aspect of the hobby, with their
Sacagawea dollar PNCs and Statehood Quarter PNCs, but even those appear
to have had a short-lived spark of interest with almost all of them
currently selling for fractions of their issue price.

John Miles Baker was the "mover and shaker" behind this collectible,
with his "99 Company" probably being the most prolific producer of all
time. He disappeared off the scene some time ago, and I just found out
some of his more recent history (as of 2006, at least) thanks to Google
.... Don't know what's happened to John in the last six years.

http://coincollector.org/archives/003604.html

The Society of Philatelists and Numismatists (SPAN) was the collector
organization most closely devoted to PNCs, but it also seems to have
disappeared. I was a member back in the 1980's, mainly because they
were producing souvenir cards, but I haven't seen or heard anything of
them in at least ten years.

--
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: San Jose Coin Club Jan 27 - 29 (table 200)
  #5  
Old February 9th 12, 04:21 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Toke Nørby
external usenet poster
 
Posts: 115
Default What is your opinion on coin / medallic / token covers?

Terry Reedy wrote:

I am not sure I have seen what you refer to. Do they have real coins? or
foil-covered cardboard, like the covered with 'gold-bars' inside a
plastic window.


Some have real coins and some have tokens

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?


For the gold-foil covers, the special group includes fools who think
they are actually getting gold, or at least metal of some sort. They are
a headache for show dealers who get to tell them the bad news that the
covers are at best worth pennies on the dollars paid.

tjr


Thanks for your answer. I think it's pretty close to what my friends
think about such numiscovers as they also are called.

Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:
http://norbyhus.dk/
  #6  
Old February 9th 12, 04:24 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Toke Nørby
external usenet poster
 
Posts: 115
Default What is your opinion on coin / medallic / token covers?

Jerry Dennis wrote:

They're pretty much a marketing ploy by the Mint to make a few extra
bucks. For the most part, coin collectors don't buy them, preferring
the coin itself as opposed to a "cover." Like anything, the covers
have their collectors so I don't begrudge them. I'm sure we all have
our own "oddballs" that other collectors would say,
"Whatsamattafo'you?"

Jerry


:-)
thanks a lot - and it seems that stamp collectors don't buy them -
although some do
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:
http://norbyhus.dk/
  #7  
Old February 9th 12, 04:44 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Toke Nørby
external usenet poster
 
Posts: 115
Default What is your opinion on coin / medallic / token covers?

Ken Barr wrote:

Philatelic Numismatic Combinations (PNCs) had their heyday in the 1960's
and 1970's ... they've been pretty much moribund since then. 99 Company
PNCs still show up on eBay from time to time, but I suspect that they
generate little interest above the coin's intrinsic or numismatic value.

The U. S. Mint is a latecomer to this aspect of the hobby, with their
Sacagawea dollar PNCs and Statehood Quarter PNCs, but even those appear
to have had a short-lived spark of interest with almost all of them
currently selling for fractions of their issue price.

John Miles Baker was the "mover and shaker" behind this collectible,
with his "99 Company" probably being the most prolific producer of all
time. He disappeared off the scene some time ago, and I just found out
some of his more recent history (as of 2006, at least) thanks to Google
... Don't know what's happened to John in the last six years.

http://coincollector.org/archives/003604.html

The Society of Philatelists and Numismatists (SPAN) was the collector
organization most closely devoted to PNCs, but it also seems to have
disappeared. I was a member back in the 1980's, mainly because they
were producing souvenir cards, but I haven't seen or heard anything of
them in at least ten years.


Thanks a lot for this background story - really interesting! I'll
certainly dig out some nuggets from that archive (and refer to this
posting of yours).

Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:
http://norbyhus.dk/
  #8  
Old February 9th 12, 05:04 PM posted to rec.collecting.stamps.discuss,rec.collecting.coins
Sir F.A. Rien
external usenet poster
 
Posts: 49
Default What is your opinion on coin / medallic / token covers?

On Wed, 08 Feb 2012 22:13:53 +0100, Toke Nørby
sharpened a crayon and wrote:

I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.

(posted in rec.collecting.stamps.discuss and rec.collecting.coins)

Mvh
Toke


If they're legal tender [some UK] and you can get them below 'face'
[often happens on eBay], take the money and have a beer!

  #9  
Old February 9th 12, 10:57 PM posted to rec.collecting.coins
Jud
external usenet poster
 
Posts: 1,215
Default What is your opinion on coin / medallic / token covers?

On Feb 8, 4:13*pm, Toke Nørby wrote:
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.

(posted in rec.collecting.stamps.discuss and rec.collecting.coins)

Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:http://norbyhus.dk/


Being the obsessive/compulsive type of 'complete collection'
collector, I admit to having purchased some PNC's from Australia as it
was the ONLY way to obtain a certain coin. Since I did that a few
times, and the RAM has come out with a plethora of NCLT coins, I have
discontinued my mania and now only collect coins that circulate.
  #10  
Old February 10th 12, 08:34 AM posted to rec.collecting.coins
Toke Nørby
external usenet poster
 
Posts: 115
Default What is your opinion on coin / medallic / token covers?

Jud wrote:

...snip
Being the obsessive/compulsive type of 'complete collection'
collector, I admit to having purchased some PNC's from Australia as it
was the ONLY way to obtain a certain coin. Since I did that a few
times, and the RAM has come out with a plethora of NCLT coins, I have
discontinued my mania and now only collect coins that circulate.


Thanks Jud - what does RAM and NCLT mean? - I guess that the last
means Never Circulated ?? (I'm a stamp collector- so just curious!).
Seems to be a business only trying to empty your pocket. Stamp
collectors have also obstructed to countries issuing stamps of high
and un-usefull face values - even this don't happen so often any more.
In old days FIP (our world organization) made lists of "unwanted
stamps" meaning that such stamps were not to be included in exhibits.
Mvh
Toke
--

Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:
http://norbyhus.dk/
 




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