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#171
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"Bruce Remick" wrote in message ... "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... "note.boy" wrote in message ... "Bruce Remick" wrote in message ... [snip] Another perfect example, but I was thinking in terms of coins with numismatic value. Bruce Any modern UK coin bought in the run up to decimalisation in 1971 or shortly afterwards. They have yet to reach those levels again and, allowing for inflation, they probably never will. To give one example the "plastic" set of 1953 sold back then, 1970, for £25 and now they can be had for £5, to keep pace with inflation the value would now have to be around £250. I have a large collection of old UK coin magazines and the pages are full of dealer adverts encouraging collectors to invest in modern UK coinage. It was even suggested that a bag of Churchill crowns could be a sound investment, they are currently worth about £1 and if got a face in 1965 would now have to worth £3 each to break even allowing for inflation. Billy I was a budding world collector back in the mid-60s and saw an ad in Coin World or some such place, placed by QDB, hawking 1951 pennies in EF-AU for something like $17.50 each. Caught up in his palaver, I bit a big bullet and ordered out two of them. They were very nice coins, with full detail and a decent amount of red still showing, but they hardly kept up with inflation. My dreams of buying a new car with the proceeds of their sale were dashed. James So what are thesey going for today? I have a shiny AU/Unc in my British penny album and always knew it was one of the better late dates. I never paid very much for it. Some of the recent US coins I was thinking of that sort of tanked after reaching a lofty price status include the 1950-D nickel and the 1960 Lincoln small date. To be fair, these rose and fell during a period in the 1960's when lots of other BU US coins were rising and falling, and reflected more of a market frenzy/correction. I never recall the 1955 DDO going through a similar fluctuation. It always seemed to increase in value, especially in MS grades. Bruce 1951 penny catalogue values are VF £11 and EF £25, these are UK grades so adjust accordingly, you coin may equal EF. Billy |
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#172
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"oly" wrote in message ups.com... On Jul 6, 10:35 pm, (Scott Stevenson) wrote: On Fri, 6 Jul 2007 20:03:45 -0400, "Bruce Remick" wrote: "oly" wrote in message roups.com... On Jul 6, 11:52 am, "Bruce Remick" wrote: "oly" wrote in message The coming financial storm is still percolating at the horizon, but the losses already being experienced in the bond market and real estate market are real enough. I don't doubt any of what you say, but I've lived through many economic cycles and I don't see anything I should worry about. Look at what the 10 year Treasury Note yield is now. Forty-five days ago it was 4.90%; now it is 5.20%. That sounds small, but it represents a Titanic shift in the expectations of bond traders, banks, insurnace companies and other people who are "in the know". Obviously I'm not "in the know" so to speak. So what you are reporting is simply economic dogma to me. What happens at those levels has never had a serious affect on my personal situation. Based upon what you tell me here, you might need to hedge some against future inflation. With the Goldman Sachs boys in control of the Treasury, and "Helicopter Ben" Bernake at the helm of the FRB, the chances that the Wall Street insiders will be bailed out at the expense of future high inflation is very likely. Again, I don't worry. When Wall St gets excited about inflation or unemployment rising or falling a tenth of a percent, it has no bearing on my daily life. Whether I were working or not, the unemployment rate would be meaningless to me personally. In times of inflation, that means I'll get a greater cost of living raise in my pension each January. Remember, it was the military men and the babushkas on fixed pensions who got nailed to the wall in the former Soviet Union, when its currency went to pot after 1989. Same thing in Weimar Germany in 1919 to 1923, although those old ladies weren't, of course, called babushkas. I would hardly equate our projected economic situation in the US to that of the former USSR or to post-WW I Germany. Maybe I'm optimistic and a realist, but I like it that way. Less stressful, not always worrying about the sky falling. Bruce, I think it's that you've been around long enough to know that there's been "proof" of the impending economic collapse for decades. A quick google search for "coming depression" plus just about any post-war year will show you articles (or books) from "experts" explaining why the country is just days away from food lines, mass starvation, and roving bands of gangs coming to kill you and steal your drinking water. Or, as they said on an episode of "West Wing"--"Economists were put on earth to make psychics look good" take care, Scott- Hide quoted text - - Show quoted text - If you care to ignore what has happened in the U.S. bond market in the last forty-five days, well, it's (or it was) your money. The bond market suggests that the continually declining interest rates of the last 25 years are a thing of the past. That's a big deal. oly Y'know Oly, I had no idea anything scary was happening in the US Bond market or that continually declining interest rates have come to an end. Is all this supposed to have changed my life? Are you implying that if interest rates begin to rise, they won't ever come down again? I've been hearing this doomsday stuff all my life. I recall at least 50 years of angst over our "fiat dollar", yet I've never felt an impact, if ever there was one. Something is always "coming soon". If economics was such an exact science, we'd only need one economist. Bruce |
#173
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
On Jul 7, 7:28 am, "Bruce Remick" wrote:
"oly" wrote in message ups.com... On Jul 6, 10:35 pm, (Scott Stevenson) wrote: On Fri, 6 Jul 2007 20:03:45 -0400, "Bruce Remick" wrote: "oly" wrote in message roups.com... On Jul 6, 11:52 am, "Bruce Remick" wrote: "oly" wrote in message The coming financial storm is still percolating at the horizon, but the losses already being experienced in the bond market and real estate market are real enough. I don't doubt any of what you say, but I've lived through many economic cycles and I don't see anything I should worry about. Look at what the 10 year Treasury Note yield is now. Forty-five days ago it was 4.90%; now it is 5.20%. That sounds small, but it represents a Titanic shift in the expectations of bond traders, banks, insurnace companies and other people who are "in the know". Obviously I'm not "in the know" so to speak. So what you are reporting is simply economic dogma to me. What happens at those levels has never had a serious affect on my personal situation. Based upon what you tell me here, you might need to hedge some against future inflation. With the Goldman Sachs boys in control of the Treasury, and "Helicopter Ben" Bernake at the helm of the FRB, the chances that the Wall Street insiders will be bailed out at the expense of future high inflation is very likely. Again, I don't worry. When Wall St gets excited about inflation or unemployment rising or falling a tenth of a percent, it has no bearing on my daily life. Whether I were working or not, the unemployment rate would be meaningless to me personally. In times of inflation, that means I'll get a greater cost of living raise in my pension each January. Remember, it was the military men and the babushkas on fixed pensions who got nailed to the wall in the former Soviet Union, when its currency went to pot after 1989. Same thing in Weimar Germany in 1919 to 1923, although those old ladies weren't, of course, called babushkas. I would hardly equate our projected economic situation in the US to that of the former USSR or to post-WW I Germany. Maybe I'm optimistic and a realist, but I like it that way. Less stressful, not always worrying about the sky falling. Bruce, I think it's that you've been around long enough to know that there's been "proof" of the impending economic collapse for decades. A quick google search for "coming depression" plus just about any post-war year will show you articles (or books) from "experts" explaining why the country is just days away from food lines, mass starvation, and roving bands of gangs coming to kill you and steal your drinking water. Or, as they said on an episode of "West Wing"--"Economists were put on earth to make psychics look good" take care, Scott- Hide quoted text - - Show quoted text - If you care to ignore what has happened in the U.S. bond market in the last forty-five days, well, it's (or it was) your money. The bond market suggests that the continually declining interest rates of the last 25 years are a thing of the past. That's a big deal. oly Y'know Oly, I had no idea anything scary was happening in the US Bond market or that continually declining interest rates have come to an end. Is all this supposed to have changed my life? Are you implying that if interest rates begin to rise, they won't ever come down again? I've been hearing this doomsday stuff all my life. I recall at least 50 years of angst over our "fiat dollar", yet I've never felt an impact, if ever there was one. Something is always "coming soon". If economics was such an exact science, we'd only need one economist. Bruce- Hide quoted text - - Show quoted text - Ignorance is bliss. oly |
#174
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"oly" wrote in message ups.com... On Jul 7, 7:28 am, "Bruce Remick" wrote: "oly" wrote in message ups.com... On Jul 6, 10:35 pm, (Scott Stevenson) wrote: On Fri, 6 Jul 2007 20:03:45 -0400, "Bruce Remick" wrote: "oly" wrote in message roups.com... On Jul 6, 11:52 am, "Bruce Remick" wrote: "oly" wrote in message The coming financial storm is still percolating at the horizon, but the losses already being experienced in the bond market and real estate market are real enough. I don't doubt any of what you say, but I've lived through many economic cycles and I don't see anything I should worry about. Look at what the 10 year Treasury Note yield is now. Forty-five days ago it was 4.90%; now it is 5.20%. That sounds small, but it represents a Titanic shift in the expectations of bond traders, banks, insurnace companies and other people who are "in the know". Obviously I'm not "in the know" so to speak. So what you are reporting is simply economic dogma to me. What happens at those levels has never had a serious affect on my personal situation. Based upon what you tell me here, you might need to hedge some against future inflation. With the Goldman Sachs boys in control of the Treasury, and "Helicopter Ben" Bernake at the helm of the FRB, the chances that the Wall Street insiders will be bailed out at the expense of future high inflation is very likely. Again, I don't worry. When Wall St gets excited about inflation or unemployment rising or falling a tenth of a percent, it has no bearing on my daily life. Whether I were working or not, the unemployment rate would be meaningless to me personally. In times of inflation, that means I'll get a greater cost of living raise in my pension each January. Remember, it was the military men and the babushkas on fixed pensions who got nailed to the wall in the former Soviet Union, when its currency went to pot after 1989. Same thing in Weimar Germany in 1919 to 1923, although those old ladies weren't, of course, called babushkas. I would hardly equate our projected economic situation in the US to that of the former USSR or to post-WW I Germany. Maybe I'm optimistic and a realist, but I like it that way. Less stressful, not always worrying about the sky falling. Bruce, I think it's that you've been around long enough to know that there's been "proof" of the impending economic collapse for decades. A quick google search for "coming depression" plus just about any post-war year will show you articles (or books) from "experts" explaining why the country is just days away from food lines, mass starvation, and roving bands of gangs coming to kill you and steal your drinking water. Or, as they said on an episode of "West Wing"--"Economists were put on earth to make psychics look good" take care, Scott- Hide quoted text - - Show quoted text - If you care to ignore what has happened in the U.S. bond market in the last forty-five days, well, it's (or it was) your money. The bond market suggests that the continually declining interest rates of the last 25 years are a thing of the past. That's a big deal. oly Y'know Oly, I had no idea anything scary was happening in the US Bond market or that continually declining interest rates have come to an end. Is all this supposed to have changed my life? Are you implying that if interest rates begin to rise, they won't ever come down again? I've been hearing this doomsday stuff all my life. I recall at least 50 years of angst over our "fiat dollar", yet I've never felt an impact, if ever there was one. Something is always "coming soon". If economics was such an exact science, we'd only need one economist. Bruce- Hide quoted text - - Show quoted text - Ignorance is bliss. oly I guess that's why there are so many economists. Bruce |
#175
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O.K., so what about that spot Ira?
On Fri, 6 Jul 2007 05:47:31 -0500, Mr. Jaggers lugburzman wrote:
"Dave Hinz" wrote in message ... Yet, your primary goal is not to, pardon, stir **** here. Oly doesn't seem to contribute anything positive at all, just wants to get people stirred up to respond. That's what a troll _is_. Disagreeing with someone is one thing and to be expected. Posting messages specifically crafted to, sorry, make people dance for him, is what Oly is doing, and you're dancing. He's not worth the effort. If you care to reject someone in that fashion, that is your business. I would invite you to go back and re-read this entire thread. If you do so, you will find that oly has a passion for elongateds, and can hold forth most eloquently on his favorite subject at some length. I don't read his posts directly; I only see what others quote from him. He picks topics and posters to attack specifically to get responses. He pulls the strings and puppets dance for him. This is what he comes to the group for. That, I consider to be a troll and a waste of time to interact with. I consider that a positive contribution. Although I have no real interest in that field myself, I certainly am not going to sit here and publicly denigrate his hobby. Yet that is what some on this newsgroup have done, and this is not the first time. I believe that to be the core issue of this whole matter. No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. Tell you what - check out the google archives of misc.emerg-services to see what happens when a few people toy with a harmless troll. Short version: turned into an unusable sewer as the trolls brought in their friends, the group became unusable, and had to be abandoned. Years later maybe it's back but, I'd hate to lose a good resource for a few years because someone wanted to dance for an obvious troll. I've seen it happen. |
#176
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O.K., so what about that spot Ira?
"Dave Hinz" wrote in message ... On Fri, 6 Jul 2007 05:47:31 -0500, Mr. Jaggers lugburzman wrote: "Dave Hinz" wrote in message ... Yet, your primary goal is not to, pardon, stir **** here. Oly doesn't seem to contribute anything positive at all, just wants to get people stirred up to respond. That's what a troll _is_. Disagreeing with someone is one thing and to be expected. Posting messages specifically crafted to, sorry, make people dance for him, is what Oly is doing, and you're dancing. He's not worth the effort. If you care to reject someone in that fashion, that is your business. I would invite you to go back and re-read this entire thread. If you do so, you will find that oly has a passion for elongateds, and can hold forth most eloquently on his favorite subject at some length. I don't read his posts directly; I only see what others quote from him. He picks topics and posters to attack specifically to get responses. He pulls the strings and puppets dance for him. This is what he comes to the group for. That, I consider to be a troll and a waste of time to interact with. I consider that a positive contribution. Although I have no real interest in that field myself, I certainly am not going to sit here and publicly denigrate his hobby. Yet that is what some on this newsgroup have done, and this is not the first time. I believe that to be the core issue of this whole matter. No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. Tell you what - check out the google archives of misc.emerg-services to see what happens when a few people toy with a harmless troll. Short version: turned into an unusable sewer as the trolls brought in their friends, the group became unusable, and had to be abandoned. Years later maybe it's back but, I'd hate to lose a good resource for a few years because someone wanted to dance for an obvious troll. I've seen it happen. I stand by everything I have said. Perhaps one day you will meet oly in person, as I have, and find him to be a decent human being with his unique combination of good points and bad points. James |
#177
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O.K., so what about that spot Ira?
On Jul 7, 9:41 am, Dave Hinz wrote:
On Fri, 6 Jul 2007 05:47:31 -0500, Mr. Jaggers lugburzman wrote: "Dave Hinz" wrote in message ... Yet, your primary goal is not to, pardon, stir **** here. Oly doesn't seem to contribute anything positive at all, just wants to get people stirred up to respond. That's what a troll _is_. Disagreeing with someone is one thing and to be expected. Posting messages specifically crafted to, sorry, make people dance for him, is what Oly is doing, and you're dancing. He's not worth the effort. If you care to reject someone in that fashion, that is your business. I would invite you to go back and re-read this entire thread. If you do so, you will find that oly has a passion for elongateds, and can hold forth most eloquently on his favorite subject at some length. I don't read his posts directly; I only see what others quote from him. He picks topics and posters to attack specifically to get responses. He pulls the strings and puppets dance for him. This is what he comes to the group for. That, I consider to be a troll and a waste of time to interact with. I consider that a positive contribution. Although I have no real interest in that field myself, I certainly am not going to sit here and publicly denigrate his hobby. Yet that is what some on this newsgroup have done, and this is not the first time. I believe that to be the core issue of this whole matter. No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. Tell you what - check out the google archives of misc.emerg-services to see what happens when a few people toy with a harmless troll. Short version: turned into an unusable sewer as the trolls brought in their friends, the group became unusable, and had to be abandoned. Years later maybe it's back but, I'd hate to lose a good resource for a few years because someone wanted to dance for an obvious troll. I've seen it happen. Well, don't worth Davykins; I don't have any friends. Meanwhile, this is a great bridge to lounge under. Over the several years that I've been here, the value of RCC has been like a pendulum, swinging back and forth between valuable and asinine. The people who are Ira's true believers, acolytes and shills do RCC a far greater diservice than my well-founded skepticism. oly ------------------- No Lincoln Cent is worth $13400. How can you pay so much for so little? |
#178
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O.K., so what about that spot Ira?
On Jul 7, 10:06 am, oly wrote:
On Jul 7, 9:41 am, Dave Hinz wrote: On Fri, 6 Jul 2007 05:47:31 -0500, Mr. Jaggers lugburzman wrote: "Dave Hinz" wrote in message ... Yet, your primary goal is not to, pardon, stir **** here. Oly doesn't seem to contribute anything positive at all, just wants to get people stirred up to respond. That's what a troll _is_. Disagreeing with someone is one thing and to be expected. Posting messages specifically crafted to, sorry, make people dance for him, is what Oly is doing, and you're dancing. He's not worth the effort. If you care to reject someone in that fashion, that is your business. I would invite you to go back and re-read this entire thread. If you do so, you will find that oly has a passion for elongateds, and can hold forth most eloquently on his favorite subject at some length. I don't read his posts directly; I only see what others quote from him. He picks topics and posters to attack specifically to get responses. He pulls the strings and puppets dance for him. This is what he comes to the group for. That, I consider to be a troll and a waste of time to interact with. I consider that a positive contribution. Although I have no real interest in that field myself, I certainly am not going to sit here and publicly denigrate his hobby. Yet that is what some on this newsgroup have done, and this is not the first time. I believe that to be the core issue of this whole matter. No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. Tell you what - check out the google archives of misc.emerg-services to see what happens when a few people toy with a harmless troll. Short version: turned into an unusable sewer as the trolls brought in their friends, the group became unusable, and had to be abandoned. Years later maybe it's back but, I'd hate to lose a good resource for a few years because someone wanted to dance for an obvious troll. I've seen it happen. Well, don't worth Davykins; I don't have any friends. Meanwhile, this is a great bridge to lounge under. Over the several years that I've been here, the value of RCC has been like a pendulum, swinging back and forth between valuable and asinine. The people who are Ira's true believers, acolytes and shills do RCC a far greater diservice than my well-founded skepticism. oly ------------------- No Lincoln Cent is worth $13400. How can you pay so much for so little?- Hide quoted text - - Show quoted text - Thanks mon prof, I has been a great pleasure to meet & make your acquaintance too. I know that I am a bundle of contradictions; and I will ignore some of my own totally nutty collectible purchases if they contradict with my tirade du jour. oly |
#179
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O.K., so what about that spot Ira?
On Sat, 7 Jul 2007 09:59:01 -0500, Mr. Jaggers lugburzman wrote:
"Dave Hinz" wrote in message ... No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. I stand by everything I have said. Perhaps one day you will meet oly in person, as I have, and find him to be a decent human being with his unique combination of good points and bad points. I can see no benefit to meeting someone who (weakly attempts to) badmouth experts in the field and insinuate dishonesty where there is none. I recognize and reject his tactics for what they are. Life is too short to dance with a pig. |
#180
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O.K., so what about that spot Ira?
On Jul 8, 6:35 pm, Dave Hinz wrote:
On Sat, 7 Jul 2007 09:59:01 -0500, Mr. Jaggers lugburzman wrote: "Dave Hinz" wrote in message ... No, the core issue of the matter with him and the other two loudest trolls, is that people keep dancing for them so they keep on trolling. I stand by everything I have said. Perhaps one day you will meet oly in person, as I have, and find him to be a decent human being with his unique combination of good points and bad points. I can see no benefit to meeting someone who (weakly attempts to) badmouth experts in the field and insinuate dishonesty where there is none. I recognize and reject his tactics for what they are. Life is too short to dance with a pig. oink oink oink! Pigs are underrated. And I have no tactics or agenda OTHER than to raise some doubts where they are surely needed. $13,400 for a Lincoln Cent? How can anybody pay so much for so little??? Stoo-pidd. And Dave, Ira has already ordered you to shut up. Do you wanna get kicked out of the cult or sometin? oly |
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