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AppleZippoandMetronome

Silver Premium Member
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Reputation Activity

  1. Like
    AppleZippoandMetronome got a reaction from silvergaga in Are art coins worth it?   
    I'd say for this topic it really depends how you're looking to define worth.
    If you're definiing worth in a purely monetary or investment sense then no they're almost certainly not worth it.
    If you're defining worth based upon the enjoyment you could have from owning an object you really desire and find beautiful then yes, its worth it.
    These coins aren't for me but I've bought plenty of other things because I found them beautiful or because they somehow brought some joy into my life. Not everything needs to be an investment. If you like it for what it is then that can be enough and what that potentially brings to your life does have worth.
  2. Haha
    AppleZippoandMetronome reacted to kimchi in Charles no longer “Defender of the Faith” in Canada   
    Oh blimey, with all the religions tied up I was going to make a joke about 'one ring to rule them all' but I see there is a Coronation Ring 🤣
  3. Like
    AppleZippoandMetronome got a reaction from PapaLazarou in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think the guaranteed grades as well as the amount of coins graded privately will definitely have an impact on the hobby in the future. Its difficult to imagine that this era of coin will be collected in 100 years time the same way we collect 100 year or more old coins today. You'll have a guaranteed pool of perfect coins out there rendering the hunt for the best example meaningless. You'd have to image coins of this era will also never see values the way coins of bygone eras do again because of the amount of them out there kept in good condition including those graded perfect. Today a top graded example of a really sought after coin from the past can fly at auction and achieve eye watering amounts because it might be the only example out there in that good condition. Modern coins will never experience that in the future because there will be a supply of perfect examples.
    Of course there will be many coins graded 70 today that go on to be coins people don't want in the future. We've already seen examples of this with 70 graded coins coming back then developing milk spots or even that black burnt looking spot that seemed common for a while from NGC. Those coins are clear to the eye flawed yet they still carry the 70 grade. Silver coins can of course develop problems but so can gold coins with things like copper spots. As more and more coins graded 70 present with faults over time how long before this undermines grading generally and that grade of 70 begins to lose its meaning? Bit of a tangent there but its worth considering.
  4. Haha
    AppleZippoandMetronome reacted to Paul in Official Coronation Coin Range Reveal   
    Is it maybe going to be struck on day of coronation? 
  5. Like
    AppleZippoandMetronome reacted to westminstrel in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I’ve always maintained that an AUTHENTICATION service is all that was ever needed because what collectors should care about first and foremost is whether a coin is genuine or not.
    Everything else related to quality is subjective - beauty is in the eye of the beholder, and zooming in 10x to find flaws vs perfection is (imo) next level ridiculousness because it’s more a psychological assurance that your coin is “perfect” as you’d never know the difference between a 69/70 by simply looking at a coin with the naked eye.
    I think grading is simply a business model that collectors have been slowly suckered into.
    It’s a classic case of a business creating a “problem” so they can charge for the “solution”.
  6. Like
    AppleZippoandMetronome got a reaction from Chrisplym in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think the guaranteed grades as well as the amount of coins graded privately will definitely have an impact on the hobby in the future. Its difficult to imagine that this era of coin will be collected in 100 years time the same way we collect 100 year or more old coins today. You'll have a guaranteed pool of perfect coins out there rendering the hunt for the best example meaningless. You'd have to image coins of this era will also never see values the way coins of bygone eras do again because of the amount of them out there kept in good condition including those graded perfect. Today a top graded example of a really sought after coin from the past can fly at auction and achieve eye watering amounts because it might be the only example out there in that good condition. Modern coins will never experience that in the future because there will be a supply of perfect examples.
    Of course there will be many coins graded 70 today that go on to be coins people don't want in the future. We've already seen examples of this with 70 graded coins coming back then developing milk spots or even that black burnt looking spot that seemed common for a while from NGC. Those coins are clear to the eye flawed yet they still carry the 70 grade. Silver coins can of course develop problems but so can gold coins with things like copper spots. As more and more coins graded 70 present with faults over time how long before this undermines grading generally and that grade of 70 begins to lose its meaning? Bit of a tangent there but its worth considering.
  7. Like
    AppleZippoandMetronome reacted to Zhorro in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I do wonder if we are looking too closely at our coins.
    Modern technology means that we can take beautiful close-ups of our coins, but this then magnifies any minor flaws.
    When there are such large price differences between a PF70 and a PF69, it is no wonder that collectors are so fussy when obtaining ungraded coins directly from mints.
  8. Like
    AppleZippoandMetronome reacted to HonestMoneyGoldSilver in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think it's a scam in general as the only people making money are the grading services
    IMHO the only coins worthy of grading and slabbing are historically important and rare coins or collector's editions, not fresh from the mint into a slab, what kind of heresy is that?
    From a private seller POV the money you spend getting a modern coin graded is unlikely to be recouped in the sale price relative to ungraded coins in the same condition, which leads me back to the opening statement ... it's a scam in general to make folks part with their cash for no discernible reason.
    *reiterate exceptions for historically important, rare or expensive coins when the fee for grading is negligible relative to the value/importance of the coin
    @AppleZippoandMetronome makes very good points about coins degrading in slabs which are more and more common as the numbers increase. The ratings are subjective anyway as different assessors will give different grades, you can resubmit to get a different grade, there are now ➕ and ⭐ grades and lettering has also been considered, e.g. 69 ➕, 69 ⭐, 69 A, 69 B, 69 C, etc
    Maybe if coins are graded by AI with lasers and scanners in an objective manner and it can be done for pennies, OK, great
  9. Like
    AppleZippoandMetronome got a reaction from R33f in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think the guaranteed grades as well as the amount of coins graded privately will definitely have an impact on the hobby in the future. Its difficult to imagine that this era of coin will be collected in 100 years time the same way we collect 100 year or more old coins today. You'll have a guaranteed pool of perfect coins out there rendering the hunt for the best example meaningless. You'd have to image coins of this era will also never see values the way coins of bygone eras do again because of the amount of them out there kept in good condition including those graded perfect. Today a top graded example of a really sought after coin from the past can fly at auction and achieve eye watering amounts because it might be the only example out there in that good condition. Modern coins will never experience that in the future because there will be a supply of perfect examples.
    Of course there will be many coins graded 70 today that go on to be coins people don't want in the future. We've already seen examples of this with 70 graded coins coming back then developing milk spots or even that black burnt looking spot that seemed common for a while from NGC. Those coins are clear to the eye flawed yet they still carry the 70 grade. Silver coins can of course develop problems but so can gold coins with things like copper spots. As more and more coins graded 70 present with faults over time how long before this undermines grading generally and that grade of 70 begins to lose its meaning? Bit of a tangent there but its worth considering.
  10. Thanks
    AppleZippoandMetronome got a reaction from HonestMoneyGoldSilver in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think the guaranteed grades as well as the amount of coins graded privately will definitely have an impact on the hobby in the future. Its difficult to imagine that this era of coin will be collected in 100 years time the same way we collect 100 year or more old coins today. You'll have a guaranteed pool of perfect coins out there rendering the hunt for the best example meaningless. You'd have to image coins of this era will also never see values the way coins of bygone eras do again because of the amount of them out there kept in good condition including those graded perfect. Today a top graded example of a really sought after coin from the past can fly at auction and achieve eye watering amounts because it might be the only example out there in that good condition. Modern coins will never experience that in the future because there will be a supply of perfect examples.
    Of course there will be many coins graded 70 today that go on to be coins people don't want in the future. We've already seen examples of this with 70 graded coins coming back then developing milk spots or even that black burnt looking spot that seemed common for a while from NGC. Those coins are clear to the eye flawed yet they still carry the 70 grade. Silver coins can of course develop problems but so can gold coins with things like copper spots. As more and more coins graded 70 present with faults over time how long before this undermines grading generally and that grade of 70 begins to lose its meaning? Bit of a tangent there but its worth considering.
  11. Like
    AppleZippoandMetronome got a reaction from Paul in Is seeking 70 the slow decline & death of coin collecting ??? what's your thoughts   
    I think the guaranteed grades as well as the amount of coins graded privately will definitely have an impact on the hobby in the future. Its difficult to imagine that this era of coin will be collected in 100 years time the same way we collect 100 year or more old coins today. You'll have a guaranteed pool of perfect coins out there rendering the hunt for the best example meaningless. You'd have to image coins of this era will also never see values the way coins of bygone eras do again because of the amount of them out there kept in good condition including those graded perfect. Today a top graded example of a really sought after coin from the past can fly at auction and achieve eye watering amounts because it might be the only example out there in that good condition. Modern coins will never experience that in the future because there will be a supply of perfect examples.
    Of course there will be many coins graded 70 today that go on to be coins people don't want in the future. We've already seen examples of this with 70 graded coins coming back then developing milk spots or even that black burnt looking spot that seemed common for a while from NGC. Those coins are clear to the eye flawed yet they still carry the 70 grade. Silver coins can of course develop problems but so can gold coins with things like copper spots. As more and more coins graded 70 present with faults over time how long before this undermines grading generally and that grade of 70 begins to lose its meaning? Bit of a tangent there but its worth considering.
  12. Like
    AppleZippoandMetronome reacted to SidS in Antique Sovereign Cases   
    As requested:
    Two singles for sovereigns, and two doubles for sovereign and half sovereign. The brass one is clearly the oldest.
     





  13. Like
    AppleZippoandMetronome reacted to Britannia47 in Antique Sovereign Cases   
    I believe I’m from the same collectors’ era as @SidS and these are my sovereign cases/purses.
    Best one is bottom left 1895 sterling silver with an 1895 full & 1895 1/2 sovereign!. Perhaps the purses were for the ladies?!
    Bottom right shows Full/1/2 holder, but underneath is for silver sixpence & silver 3d….

  14. Like
    AppleZippoandMetronome got a reaction from Spanishsilver in Official Coronation Coin Range Reveal   
    I'll almost certainly be sitting this one out. The coins mostly don't interest me apart from the SotD Sov and with that being £850 at what you have to guess will be a higher mintage than previous SotD Sovs..  I'm not sure its worth while.
  15. Like
    AppleZippoandMetronome got a reaction from Zhorro in Official Coronation Coin Range Reveal   
    That is true that they can only produce so much in a day but as you say they could get a second machine going - it'll be interesting to see what the mintage is. The last of these I bought was the SOTD Platinum Jubilee Sov which had a mintage of 1200 and cost £675. The value of gold is up just over £100/oz on where it was last year but that is nowhere near enough to justify a £175 price increase.
    I didn't know that The Mint was open 24 hours for the coronation day. I guess that makes sense given how things were last year for the platinum jubilee day. I managed to get down for that last year booking in one of the slots towards the end of the day. By that point the staff seemed well aware everyone was just there for the SYO 50p so we were ushered through the rest as quick as possible to get to the SYO point. They must have really raked it in to now extend it to a 24hr day. Crazy as you say.
  16. Super Like
    AppleZippoandMetronome got a reaction from Darr3nG in Official Coronation Coin Range Reveal   
    I'll almost certainly be sitting this one out. The coins mostly don't interest me apart from the SotD Sov and with that being £850 at what you have to guess will be a higher mintage than previous SotD Sovs..  I'm not sure its worth while.
  17. Like
    AppleZippoandMetronome reacted to westminstrel in Official Coronation Coin Range Reveal   
    I will only try for the SotD. The other designs are not really spectacular (imo) and given the RM hasn’t specified the max mintages, I’m sure I’ll be able to grab one of the silvers at a bargain in a year once the Coronation frenzy has died off.
  18. Like
    AppleZippoandMetronome reacted to paulmerton in Official Coronation Coin Range Reveal   
    Topically, the tickets for the coronation tours went on sale 20 minutes ago  
  19. Like
    AppleZippoandMetronome reacted to paulmerton in Official Coronation Coin Range Reveal   
    Thankfully the mintage can only be so high if they're all struck on the same day!
    The mint is open to visitors for 24 hours on the coronation day (crazy!), and if a machine is staffed for that whole period then it could feasibly churn out 1600 or so taking into account die preparation and so on. Maybe they'll have two machines on it, who knows.
    The only potential issue is what do you do if your coins arrives in an unsatisfactory state? I suspect they won't be able to replace it with a restrike if it's meant to be a SOTD?
  20. Thanks
    AppleZippoandMetronome got a reaction from Paul in Official Coronation Coin Range Reveal   
    I'll almost certainly be sitting this one out. The coins mostly don't interest me apart from the SotD Sov and with that being £850 at what you have to guess will be a higher mintage than previous SotD Sovs..  I'm not sure its worth while.
  21. Like
    AppleZippoandMetronome reacted to dicker in Atkinsons Paying 10pct Over Spot   
    For selected coins….just got an email
    Supply -vs- demand issues?
    Best
    Dicker

  22. Like
    AppleZippoandMetronome reacted to Frenchie in Great Engravers - Petition Crown (Gazette Proclamation)   
    As many others, I would have loved  the W.Wyon's depiction of  St George and the Dragon, with QEII...it would have been an instant buy (unfortunately for my wallet)...Now, I  really hope that the Royal Mint will change their "2 coins set" model about the Great Engravers series. If the W. Wyon series was top notch, we have seen that even with the iconic Gothic Crown, this choice is not adequat, we only have to observe the sales of the Petition Crown... This choice is even more discutable in these times with all our questions about a living that we try to preserve in these economic and geopolitics turnmoils and moreover in a context of rising gold prices toward the 3000/4000US $ mark (my bet) in the coming years. I got the 2oz silver set and also ordered the 5oz set Petition Crown. Even if this is a nice set, I don't really see where this series will go, and I decided to cancel the 5oz set and even return my 2oz silver set for a refund. I am already an "happy camper" with the W.Wyon mini series (Una, 3G, GC QA&Portrait), both in silver and gold 2oz and even if I will buy the coming Coronation SOTD, my strategy is to take profit on semi numismatic coins and from now on, buying  bullion for easy liquidity (my current purchases aims are Maple Leaf & Britannia,  in gold and silver among other coins...)
  23. Like
    AppleZippoandMetronome got a reaction from SilverJacks in Great Engravers - Petition Crown (Gazette Proclamation)   
    I think if anyone was looking for proof that the RM really doesn't care at all about QC it can easily be found here with this release. How some of these coins could ever have gotten to the point of being put into a capsule and sent to a customer is beyond me. The silver ones are bad enough but the gold at what they cost...  yikes.
    I can understand some errors being missed like the odd bit of missing frosting but minting errors this bad?!? Its hard to come to any conclusion other than either no one is actually checking these coins or they are being checked and the RM is knowingly sending faulty products out to its customers. Must be nice for them to feel they have a business so secure that they can continually treat their customers this way.
  24. Like
    AppleZippoandMetronome got a reaction from kimchi in Great Engravers - Petition Crown (Gazette Proclamation)   
    I think if anyone was looking for proof that the RM really doesn't care at all about QC it can easily be found here with this release. How some of these coins could ever have gotten to the point of being put into a capsule and sent to a customer is beyond me. The silver ones are bad enough but the gold at what they cost...  yikes.
    I can understand some errors being missed like the odd bit of missing frosting but minting errors this bad?!? Its hard to come to any conclusion other than either no one is actually checking these coins or they are being checked and the RM is knowingly sending faulty products out to its customers. Must be nice for them to feel they have a business so secure that they can continually treat their customers this way.
  25. Like
    AppleZippoandMetronome got a reaction from westminstrel in Great Engravers - Petition Crown (Gazette Proclamation)   
    I think if anyone was looking for proof that the RM really doesn't care at all about QC it can easily be found here with this release. How some of these coins could ever have gotten to the point of being put into a capsule and sent to a customer is beyond me. The silver ones are bad enough but the gold at what they cost...  yikes.
    I can understand some errors being missed like the odd bit of missing frosting but minting errors this bad?!? Its hard to come to any conclusion other than either no one is actually checking these coins or they are being checked and the RM is knowingly sending faulty products out to its customers. Must be nice for them to feel they have a business so secure that they can continually treat their customers this way.
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