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SMS

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Posts posted by SMS

  1. I just wanted to remind everybody of one of the basic addages of the hobby:

     

    "Buy the Book Before the Coin"

     

    Simply put, educate yourself about what it is you are going to be making purchases on. It really alleviates a lot of the heartache and headache involved in coin purchases.

     

    I have been spending the past several weeks cataloging and listing our personal numismatic library for insurance purposes. I have only recently obtained quite a few of the books/issues and have not read a lot of them, but they are in our library and available to us when we need to research information. Many of these books/issues are good for relaxing and enjoying a (sometimes) quiet afternoon of reading.

     

    There is so much information out there from the centuries our hobby has been in existence. None of us can be experts on many subjects related to numismatics, and we are always in a state of learning. Numismatic resources are a must for anybody truly serious in the hobby.

     

    I have found that our library value far exceeds that of our personal coin collection, and that's really not such a bad thing. Numismatics is not only about buying coins, it's about learning, discovery, and contentment with the (usually) shiny round things.

     

    I also encourage everyone to consider adding your numismatic library to your insurance policy in case of fire, smoke, or water damage. Even if your library only contains a bunch of price books and magazines, the value could add up quickly. In our case, the library is valued at over $15k. And, some things are simply irreplaceable like a 3rd Edition signed copy of Overton's Early Half Dollar Die Varieties.

     

    Our coin collection is pathetically small in comparison.

     

    Anyway, I just wanted to jab the jaw a bit after finally finishing this tedious project.

  2. On the top one the string is covering part of the inscription. But it appears to be inscribed as Zheng He Tong Bao (read it as: Top Bottom Right Left). This would place it between 1111-1118, of Chinese origin. If you can show the Top character better, it will verify. They can can be bought wholesale for about $3 each.

     

    Not sure about the second one yet, but I'll update later.

     

     

    edit:

    should say I am referring to the first of the "unidentified" coins

  3. I am re-openning my eBid store fronts!

     

    Visit CoinCellar.com for some numismatic related materials and supplies!

     

    I am (slowly) adding things in over the next several weeks. These are all non-coin items such as books, coin folders, coin slab holders, etc. I am currently posting some CDNs and Numismatist magazines.

     

    There are five hard bound 2014 Red Books available!

     

    I have these currently marked down by 20% of the list price with free shipping (lowest I have found on the internet so far). The Red Books this year come with a complimentary two free months subscription of Red Book Online!

     

    PM me if you are interested in an item, but do not want to create an eBid account. I would suggest just creating an eBid account anyway. In my personal opinion, it is better than eBay, regardless of the difference in "exposure".

  4. Our economy runs on a fiat monetary system. Therefore, inflation rises artificially based on the creation of money. With the elimination of the Canadian cent, inflation is certain to happen. That inflation is dependent upon how many more larger denominated coins are made to meet the new economic demands. The more coins that are minted, the more the fiat money becomes devalued, and thus the inflation. Although it may not be noticeable in the short-term, continued devaluation of the Candian currency will have definite long-term inflationary effects.

  5. The fact that the coin in the holder does not appear to be mint state should automatically make bells and whistles go off. On a well worn coin, the raised B (and marker below the bust) would not be detectable. The incused mintmark would be evident, however, even with the amount of wear apparent on the coin you have shown.

     

    I question the authenticity of the NGC slab itself. Seeing the serial numbers would be a big help. The two points on the slab itself that raise questions are the font (specifically the numerals) and the edge weld.

     

    I would assume you probably "got a deal" on this one for just under $1,000US. At that price, I would consider sending it in to NGC to validate the holder's authenticity. Other things make me think that the coin itself may not be genuine. Photos can be decieving, but those dentacles are glaringly troublesome.

  6. USPatterns.com has information on the plastic patterns that were considered. Of course, a Judd or Pollock reference book would be helpful in cross-referencing.

     

    In my Scott's Encyclopedia, he mentions in 1942 (S-499):

    Cent. Experitmental Peice. Obv. Liberty head .... Struck in various metals and plastics. Cannot be legally held.

     

    So, at least the one cent was a consideration for plastic. Now with regards to a proposed 1/2 cent piece, I don't have any knowledge or information off-hand. But a search of legislation or mint reports for that era may produce some further information.

  7. I have been trying to find any information on your coin for the past several days to no avail. The obverse identifies it as a Republic of China coin. The denomination is 10 wen (cash). There not many cash coins from that era that I am familiar with as having a chrysanthemum on the reverse. The chrysanthemum is mostly predominant in Japanese coins.

     

    The Gansu province utilized four pointed rosettes. There was a 10 cash copper pattern minted from that mint around 1928, but I have no details on exactly what the design would have been. However, this province utilized the crossed flags on its reverse. Yet, that province did utilize the chrysanthemum with a dot in the middle.

     

    And guess what......

     

    I decided to just do a final web search and I found the coin graded NGC...Gansu pattern 1924 10 cash here.

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