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#121
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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 |
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#122
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"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 |
#123
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1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"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 |
#124
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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.) 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 |
#125
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1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"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 |
#126
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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 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 |
#127
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1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
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 |
#128
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1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
"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. |
#129
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
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 |
#130
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FA: 1955/55 DDO Lincoln Cent PCGS MS-64 RD Oly..this one's for YOU
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 |
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