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How Many Colonial Collectors are There?

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  • From njraywms@optonline.net Sun Feb 16 09:29:23 2003
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    Date: Sun, 16 Feb 2003 12:32:25 -0500
    Subject: Re: [Colonial Numismatics] Re: How Many Colonial Collectors are There?
    To: colonial-coins@yahoogroups.com
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    From: Ray Williams <njraywms@optonline.net>
    X-Yahoo-Group-Post: member; u=78843690
    X-Yahoo-Profile: njray2

    David,
    I'm glad you can take things like that in stride! <BG> Although not
    varieties, the die states of the Maris 77-dd have their legitimate rarities,
    MDS being the scarcest.

    Ray


    ----- Original Message -----
    From: <palmers4@erols.com>
    To: <colonial-coins@yahoogroups.com>
    Sent: Sunday, February 16, 2003 10:56 AM
    Subject: [Colonial Numismatics] Re: How Many Colonial Collectors are There?


    > Ray, I well remember the discussion about the die state issue, down
    > in Pennsauken at C4 and the NJ symposium that year. Worst show I was
    > ever at<bg> Lost 2 varieties of NJ's and all that was happening was
    > TALK. Took me YEARS and $$$$ to get back to where I was then, but
    > I'm not bitter, or anything<bg> David
    >
    >
    > --- In colonial-coins@yahoogroups.com, Ray Williams <njraywms@o...>
    > wrote:
    > > David,
    > > I delisted two varieties that you own. <BG> Only kidding. I
    > do have
    > > you down for 91 varieties. We dropped you from 91 to 89 by
    > counting the
    > > three die states of the 77 obverse as one variety. Then you
    > obtained the 51
    > > and a coin from a FL collection. which brings you up to 91
    > again. Very
    > > respectible. My ultimate goal is to be in the 90's - where you
    > are. Nice
    > > collection!
    > > Ray
    > >
    > > ----- Original Message -----
    > > From: <palmers4@e...>
    > > To: <colonial-coins@yahoogroups.com>
    > > Sent: Sunday, February 16, 2003 12:08 AM
    > > Subject: [Colonial Numismatics] Re: How Many Colonial Collectors
    > are There?
    > >
    > >
    > > > Ray, I recounted and find I have 91 legitimate varieties. Don't
    > > > forget the 51-g I got last year from a REALLY good friend. I
    > have no
    > > > idea which other one you might be missing of mine. David
    > > >
    > > > --- In colonial-coins@yahoogroups.com, Ray Williams
    > <njraywms@o...>
    > > > wrote:
    > > > > David,
    > > > > I currently have you as owning 89 legitimate NJ varieties
    > <BG>
    > > > > Ray W
    > > > >
    > > > > ----- Original Message -----
    > > > > From: <palmers4@e...>
    > > > > To: <colonial-coins@yahoogroups.com>
    > > > > Sent: Saturday, February 15, 2003 9:23 PM
    > > > > Subject: [Colonial Numismatics] Re: How Many Colonial
    > Collectors
    > > > are There?
    > > > >
    > > > >
    > > > > > Rarity rating on NJ collectors falls to R-5+, I also do not
    > own
    > > > a 71-
    > > > > > y, should have, but alas, could not. Just for the record,
    > with 91
    > > > > > varieties, I think I qualify as a "serious" NJ collector. Or
    > did
    > > > > > someone delist a few varieties when I wasn't looking, again?
    > > > David
    > > > > >
    > > > > > --- In colonial-coins@yahoogroups.com, "Clement V. Schettino"
    > > > > > <CopperClem@a...> wrote:
    > > > > > > Makes sense to me Dennis, and as support I must be the
    > 25th NJ
    > > > > > collector,
    > > > > > > because I don't have my 71-y yet!
    > > > > > >
    > > > > > > Clem
    > > > > > >
    > > > > > >
    > > > > > > -----Original Message-----
    > > > > > > From: albioncox <wierzba@a...> [mailto:wierzba@a...]
    > > > > > > Sent: Saturday, February 15, 2003 8:06 PM
    > > > > > > To: colonial-coins@yahoogroups.com
    > > > > > > Subject: [Colonial Numismatics] Re: How Many Colonial
    > > > Collectors
    > > > > > are There?
    > > > > > >
    > > > > > > 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
    > > > > > > > > > > > > >
    > > > > > > > > > > > > >
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  • 2003-02-16
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