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PR: ANA Announces New 'First Slabbed' Procedure



 
 
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  #1  
Old April 1st 15, 08:35 AM posted to rec.collecting.coins
Ken Barr
external usenet poster
 
Posts: 476
Default 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)
Ads
  #2  
Old April 1st 15, 03:30 PM posted to rec.collecting.coins
Jud
external usenet poster
 
Posts: 1,215
Default 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!
  #3  
Old April 1st 15, 06:00 PM posted to rec.collecting.coins
[email protected]
external usenet poster
 
Posts: 8
Default 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  
Old April 2nd 15, 03:24 AM posted to rec.collecting.coins
Jerry Dennis
external usenet poster
 
Posts: 1,207
Default 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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