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Long Beard's Blog

10 Oct 2021

Added Appeal

Coins-United States | Long Beard

Having only a few years away from fifty years of steadily collecting I find myself adding things to the hoard which, until the past year or so, normally would have been passed over. The subject in question being fancy encapsulations. While third party graded specimens have found their way into the mix, it has been a long belief in collecting in the raw. In the previous blog subject designer labels were covered for the Bicentennial coinage of 1975-76, so this week it seemed fitting to continue as much with a different coin, one picked up since then. Enjoy!






As stated in the opening paragraph, the fancy labels and such seem to counter the logic of a grade verses market price. Meaning, a coin in the same identical grade and by the same third party changes in value solely based on the encapsulation. Which is proof that some collect plastic and are eager to pay the premium above an identical coin in a standard holder. To each their own. While this sounds contradictory considering the topic, the argument to be made is on enhancement of the coin within. When the 2019 Apollo 11 Commemorative Program was released, I bought the two dollars- Uncirculated and proof- as well as the half dollar set. So in my view there was no need to buy a graded example of these. However, scrolling through EBAY, I stumbled upon the MS70 shown in a black core holder. Had it been any other I would have passed, yet starring at that lunar footprint glowing against a background of space it's self I threw down my maximum bid. At which time thebid was a few dollars over issue price. Which brings me to my second point of the argument, I won it for roughly ten dollars over issue. So while, yes, I bought the holder not the coin a bright round object against a black background is the only way to appropriately display a lunar themed coin.



A perfect grade, in the higher priced limited core for less than the grading fees. That's a win if ever there was one.Now to find a perfect proof for around the same price!

Comments

Wow, nice coin! I like the design.

Kepi

Level 6

Really beautiful coin! I like it with the dark holder. Thanks for your blog! ; )

Mal_ANA_YN

Level 4

Interesting history coins.

Longstrider

Level 6

I feel exactly as you do. Sometimes a great looking coin and a great deal come along and one has to grab it. I think Q. David Bowers is a major buy the coin not the holder guy. Does this include his own Bowers Coin Shop Label. Just get what you like and don't worry about it. Like this coin in black. Beautiful! Thanks.

Long Beard

Level 5

99% of the time I do just that. This one literally jumps out against the black like the moon in a night sky.

CoinHunter

Level 5

Very nice coin!

AC coin$

Level 5

You have now a relevant moment in history reserved in a graded coin . I admire all Your knowledge.

Long Beard

Level 5

Sometimes I wonder if young people dream as we once did.

C.D. Harrell

Level 3

I like your connection between the black background and space. It certainly does enhance the viewing experience!

Long Beard

Level 5

Glad to see you're still with us. Thanks!

Mike

Level 7

I was always taught collect the coin not the label! I do not collect for value since my set is going for my kids. And protection is the up most reason for getting it slabed. If a coin is valuable I like to protect it. I have heard of accidents and coins being destroyed. I'm not taking that chance. Thanks for a good read my friend

Mokie

Level 6

i had my Apollo 11 half and accompanying Kennedy graded PF70 by ANACS. I am always the cheap one. LOL

Long Beard

Level 5

Agreed. My go to if submitting myself.

"SUN"

Level 6

It is hard to stop acquiring items with collecting bug! Sounds like me

Long Beard

Level 5

I stopped considering myself a collector long ago. I'm a hoarder.

I. R. Bama

Level 5

I always enjoy your blogs, you have mastered the turn of the phrase!

Golfer

Level 5

Beautiful. Nice pick up.

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