How Many Colonial Collectors are There? Public Deposited

[Colonial Numismatics] Re

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  • From wierzba@attbi.com Sat Feb 15 17:05:53 2003
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    To: colonial-coins@yahoogroups.com
    Subject: [Colonial Numismatics] Re: How Many Colonial Collectors are There?
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    For the record, I think NJ variety collectors are a low R6 (includes
    museums, inactive collectors, etc.) at 25 or so. As support, the NJ
    71-y has 23 to 24 distinct specimens known. The last public sale (to
    the best of my knowledge) was Griffee in '95 (to yours truly). A
    private sale of a low grade specimen happened about a year later. All
    the known pieces are likely sitting in variety collections (with the
    one exception of the 71-y over the Vermont). Hence the low R6
    estimate.






    -- In colonial-coins@yahoogroups.com, "David L. Palmer
    <palmers4@e...>" <palmers4@e...> wrote:
    > Just to follow thru on this, I think that Colonial collectors are
    R8
    > vs. the rest of the collecting population.<bg> David
    >
    >
    > --- In colonial-coins@yahoogroups.com, "albioncox <wierzba@a...>"
    > <wierzba@a...> wrote:
    > > My guess is that the MEDIAN state coinage variety is R5+, say 40
    > > examples. Choice examples Vf-XF maybe 4-6 for the MEDIAN. Yes
    > > collecting only choice examples of state coinage varieties is
    very
    > > difficult. Hence the price pressure for this segment.
    > >
    > >
    > >
    > >
    > > - In colonial-coins@yahoogroups.com, "colonialcoinunion
    > <jagre@a...>"
    > > <jagre@a...> wrote:
    > > > Actually I wasn't trying to further a 'slabs are good for
    > bringing
    > > > new people into the field' theory. Though for what its worth I
    > > think
    > > > they do help reduce the intimidation factor as Dave Wnuck
    > mentioned.
    > > >
    > > > My reason for posting was that I am curious about how many
    > > collectors
    > > > the population of colonial coins can really sustain.
    > > >
    > > > I noted in a not so recent Bowers rare coin review that they
    > > remarked
    > > > about a particular colonial that 'it would be more valuable and
    > > more
    > > > sought after if it wasn't so rare'.
    > > >
    > > > My now infamous colonial cc project is leading me to that same
    > > > conclusion. It seems that if anything the population of nice
    > > > examples of a great many colonial types seems to be even
    smaller
    > > than
    > > > I would have imagined, as the same few examples keep re-
    > appearing
    > > > through the years in different auctions.
    > > >
    > > > If ~30 different types have populations of 20 or less specimens
    > I
    > > > guess that means there can't be much more than a few dozen high
    > end
    > > > type collectors or they'll be a lot of fighting over those few
    > > > coins. Actually, that sounds about right.
    > > >
    > > > Which is to say nothing of the populations of different
    > varieties
    > > > Connecticuts or NJs or Mass silver, etc.
    > > >
    > > > JA
    > > >
    > > >
    > > >
    > > >
    > > >
    > > > --- In colonial-coins@yahoogroups.com, Morris Hankins
    > > > <joshalso2000@y...> wrote:
    > > > > Dave - don't set much store by my agreement. I am a
    > > > > neophyte when it comes to colonials.
    > > > >
    > > > > Wait until the experienced and hardcore colonialists
    > > > > check in.
    > > > >
    > > > > Morris
    > > > >
    > > > >
    > > > >
    > > > > --- "coinrarities <coinrarities@y...>"
    > > > > <coinrarities@y...> wrote:
    > > > > > Hi Morris:
    > > > > >
    > > > > >
    > > > > > Whoa! You're freakin' me out! I didn't expect
    > > > > > anyone in the chat
    > > > > > room to agree with me about slabs.
    > > > > >
    > > > > >
    > > > > > Re my definition of hard core vs. dabbler
    > > > > > colonial collectors:
    > > > > >
    > > > > >
    > > > > > HARD CORE: Have definate collecting goals in mind,
    > > > > > even if they are
    > > > > > dispirate (and even contridictory!). Regularly add
    > > > > > to their library,
    > > > > > or on-line store of knowledge.
    > > > > >
    > > > > >
    > > > > > DABBLER: Will add a piece here or there if they see
    > > > > > it, it strikes
    > > > > > their fancy, and they have the discretionary funds.
    > > > > > May or may not
    > > > > > be a "club joiner".
    > > > > >
    > > > > > People can certainly drift from one catagory to the
    > > > > > other over time...
    > > > > >
    > > > > >
    > > > > > I'm sure others can refine these definitions.
    > > > > >
    > > > > > Rgds,
    > > > > > Dave W.
    > > > > >
    > > > > >
    > > > > > --- In colonial-coins@yahoogroups.com, Morris
    > > > > > Hankins
    > > > > > <joshalso2000@y...> wrote:
    > > > > > > Dave, inclined to agree with you. I got my
    > > > > > baptism of
    > > > > > > fire on Large Cents. Now there is an area that
    > > > > > really
    > > > > > > needs cleaned up. These were not slabbed. Bob
    > > > > > > Grellman did the attributions and grading on them
    > > > > > and
    > > > > > > most all were 20 points under their purported
    > > > > > grade.
    > > > > > >
    > > > > > > I have a bought a few colonials that were slabbed
    > > > > > as
    > > > > > > it seemed that they were either undervalued and
    > > > > > being
    > > > > > > ignored or people were away at shows. Most of
    > > > > > them
    > > > > > > were fairly close on grading, but a low grade
    > > > > > Machins
    > > > > > > turned out to be a Ctft Brit with a hugh die crack
    > > > > > > through the spray. They have now all been
    > > > > > liberated.
    > > > > > >
    > > > > > > So yes, it will help some of the newbies get
    > > > > > started.
    > > > > > >
    > > > > > > However, my question is in regards to Your PSS.
    > > > > > > Please define your definition of hardcore and
    > > > > > > dabblers.
    > > > > > >
    > > > > > > Thanks
    > > > > > >
    > > > > > > Morris
    > > > > > >
    > > > > > > --- "coinrarities <coinrarities@y...>"
    > > > > > > <coinrarities@y...> wrote:
    > > > > > > > John:
    > > > > > > >
    > > > > > > > Sinerely,
    > > > > > > > Dave Wnuck
    > > > > > > >
    > > > > > > > PPS: I guesstimate the number of hard-core
    > > > > > colonial
    > > > > > > > collectors at
    > > > > > > > about 200; add in the dabblers and you get to
    > > > > > 800 or
    > > > > > > > so.
    > > > > > > >
    > > > > > > >
    > > > > > > >
    > > > > > > >
    > > > > > > > --- In colonial-coins@yahoogroups.com,
    > > > > > > > "colonialcoinunion
    > > > > > > > <jagre@a...>" <jagre@a...> wrote:
    > > > > > > > > Looking for a rough guess - and not just the
    > > > > > hard
    > > > > > > > core guys, but
    > > > > > > > > including the dabblers and the
    > > > > > toe-in-the-water
    > > > > > > > crowd.
    > > > > > > > >
    > > > > > > > > And the 2nd part of the question - does the
    > > > > > > > serious hard core group
    > > > > > > > > want to see new people coming into the
    > > > > > 'field'?
    > > > > > > > My sense is that
    > > > > > > > > there is not a great deal of enthusiasm for
    > > > > > the
    > > > > > > > novice or newby
    > > > > > > > > introduced to the field via, perhaps, slabbed
    > > > > > > > items.
    > > > > > > > >
    > > > > > > > > JA
    > > > > > > >
    > > > > > > >
    > > > > > > > To unsubscribe from this group, send an email
    > > > > > to:
    > > > > > > > colonial-coins-unsubscribe@egroups.com
    > > > > > > >
    > > > > > > >
    > > > > > > >
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    > > > > > > > http://docs.yahoo.com/info/terms/
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    > > > > >
    > > > > >
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Source URL Date published
  • 2003-02-15
Volume
  • 1

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