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- From wierzba@attbi.com Sat Feb 15 17:05:53 2003
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Date: Sun, 16 Feb 2003 01:05:51 -0000
To: colonial-coins@yahoogroups.com
Subject: [Colonial Numismatics] Re: How Many Colonial Collectors are There?
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From: "albioncox <wierzba@attbi.com>" <wierzba@attbi.com>
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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:
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> > > > > > >
> > > > > > >
> > > > > > >
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