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- From vacoinage@aol.com Fri Jan 03 06:14:20 2014
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Full-name: Vacoinage
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Date: Fri, 3 Jan 2014 09:14:19 -0500 (EST)
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From: vacoinage@aol.com
Subject: Re: [Colonial Numismatics] JPL Recommendations: Best Buys for 2014: TOP 10 List
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Well said Jeff, However let me add a couple of points. The American
standard of living is not as high now as is was in the 60's, 70's 80's. My first
MS Virginia was $275, not the $1500 of today. Now the $275 of 1980 probably
equates to the $1500 of today. However it is easer to spend the $275 then
than it is the $1500 today. The other part of that equation is that I can
find a high grade Virginia to buy any day now. Back in the good old days it
was maybe one chance a year. So there were the good old days but I will
take today in Colonials hands down. PS Randy quit bitching and get back to
work on the CT book. I have been waiting 30+ years for the damn book. Alan ( A
CT dabbler)
In a message dated 1/3/2014 12:08:45 A.M. Eastern Standard Time,
rosaamltd@gmail.com writes:
Randy -- you have significantly more than POS pieces in your collection,
so I will not cry for you! They might SEEM that way only after your eyes
are strained from the glare off Robert Martin's coins, but you have some nice
things. And you've definitely cherry picked some good varieties as well.
You ask if anything is better now than in the 1960s? Well, yes --
KNOWLEDGE. Think about what collectors in the 60's had. If they were lucky they
owned the offprint of the Miller-Ryder book from the ANS -- there were no
reprints of Miller available separately until late in that decade.
Photographs? You had the handful of pieces plated in the Miller offprint and,
unless you owned some plate 19th century auction catalogues, that was it.
Rarity ratings and CC information? Weak and non-existent, in that order.
Certain attribution of things? For a lot of Connecs maybe, but the written
descriptions often left room for error -- especially on lower grade pieces.
And let's talk AVAILABILITY as well -- if you were lucky enough to live in
the area, like Bob Vlack did, you would stumble across things relatively
frequently. But let's say you were on the West Coast in the 60's -- enjoying
your Summer of Love! Unless you did a lot of travel -- expensive,
time-consuming travel -- back East, you would be lucky to see more than a handful
of colonials a year locally. By the time you got your issue of The
Numismatist or Numismatic Scrapbook, the few ads that had colonials in them would
have already had them sold. You would be at a disadvantage bidding in
auctions -- colonials were mostly not photographed (and when they were, weren't
done well), and there was no WWW to look at them online. No e-bay of
course. CNL was just started in 1960 and issues were slim -- and you may not
have even heard about the newsletter since it had a small circulation at the
beginning, and unless you knew someone who got it, you would be out in the
cold.
True, things DO cost more now -- and the better things are more hotly
contested (thanks, in good measure, to the sheer amount of new research and
publication that has occurred since the 1960's!). But relatively speaking,
that hasn't changed too much. If you had ten grand to spend on colonials in
1960 you could have bought quite a lot of nice things. But that $10,000
would have probably been the price of a house in a good area or 300 ounces of
gold. Think of what those things are worth today -- and if you have half
a million to spend on colonials today, you can buy quite a lot of nice
things as well. We have a tendency to look at our incomes today and think back
to the prices of the 70's or 80's and think how much we could have bought
at EAC '75 or Taylor or Norweb or Garrett.....but most of us DIDN'T have
that kind of money back then....the people who outbid us then would probably
still be able to outbid us today!
Jeff
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<DIV>
<DIV> Well said Jeff, However let me add a couple of=
=20
points. The American standard of living is not as high now as is was in the=
=20
60's, 70's 80's. My first MS Virginia was $275, not the $1500 of today. Now=
the=20
$275 of 1980 probably equates to the $1500 of today. However it is easer to=
=20
spend the $275 then than it is the $1500 today. The other part of that equa=
tion=20
is that I can find a high grade Virginia to buy any day now. Back=
in=20
the good old days it was maybe one chance a year. So there were the good ol=
d=20
days but I will take today in Colonials hands down. PS Randy quit bitching =
and=20
get back to work on the CT book. I have been waiting 30+ years for the damn=
=20
book. Alan ( A CT dabbler) </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>In a message dated 1/3/2014 12:08:45 A.M. Eastern Standard Time,=20
rosaamltd@gmail.com writes:</DIV>
<BLOCKQUOTE=20
style=3D"BORDER-LEFT: blue 2px solid; PADDING-LEFT: 5px; MARGIN-LEFT: 5px">=
<FONT=20
style=3D"BACKGROUND-COLOR: transparent" color=3D#000000 size=3D2 face=3DG=
eorgia>
<DIV dir=3Dltr>
<DIV>Randy -- you have significantly more than POS pieces in your collect=
ion,=20
so I will not cry for you! They might SEEM that way only after your=
eyes=20
are strained from the glare off Robert Martin's coins, but you have some =
nice=20
things. And you've definitely cherry picked some good varieties as=
=20
well.</DIV>
<DIV><BR></DIV>
<DIV>You ask if anything is better now than in the 1960s? Well, yes=
--=20
KNOWLEDGE. Think about what collectors in the 60's had. If th=
ey=20
were lucky they owned the offprint of the Miller-Ryder book from the ANS =
--=20
there were no reprints of Miller available separately until late in that=
=20
decade. Photographs? You had the handful of pieces plated in =
the=20
Miller offprint and, unless you owned some plate 19th century auction=20
catalogues, that was it. Rarity ratings and CC information? W=
eak=20
and non-existent, in that order. Certain attribution of things?&nbs=
p;=20
For a lot of Connecs maybe, but the written descriptions often left room =
for=20
error -- especially on lower grade pieces. And let's talk AVAILABIL=
ITY=20
as well -- if you were lucky enough to live in the area, like Bob Vlack d=
id,=20
you would stumble across things relatively frequently. But let's sa=
y you=20
were on the West Coast in the 60's -- enjoying your Summer of Love! =
=20
Unless you did a lot of travel -- expensive, time-consuming travel -- bac=
k=20
East, you would be lucky to see more than a handful of colonials a year=20
locally. By the time you got your issue of The Numismatist or Numis=
matic=20
Scrapbook, the few ads that had colonials in them would have already had =
them=20
sold. You would be at a disadvantage bidding in auctions -- colonia=
ls=20
were mostly not photographed (and when they were, weren't done well), and=
=20
there was no WWW to look at them online. No e-bay of course. =
CNL=20
was just started in 1960 and issues were slim -- and you may not have eve=
n=20
heard about the newsletter since it had a small circulation at the beginn=
ing,=20
and unless you knew someone who got it, you would be out in the cold.&nbs=
p;=20
</DIV>
<DIV><BR></DIV>
<DIV>True, things DO cost more now -- and the better things are more hotl=
y=20
contested (thanks, in good measure, to the sheer amount of new research a=
nd=20
publication that has occurred since the 1960's!). But relatively=20
speaking, that hasn't changed too much. If you had ten grand to spe=
nd on=20
colonials in 1960 you could have bought quite a lot of nice things. =
But=20
that $10,000 would have probably been the price of a house in a good=20
area or 300 ounces of gold. Think of what those things ar=
e=20
worth today -- and if you have half a million to spend on colonials today=
, you=20
can buy quite a lot of nice things as well. We have a tendency to l=
ook=20
at our incomes today and think back to the prices of the 70's or 80's and=
=20
think how much we could have bought at EAC '75 or Taylor or Norweb or=20
Garrett.....but most of us DIDN'T have that kind of money back then....th=
e=20
people who outbid us then would probably still be able to outbid us=20
today! </DIV>
<DIV><BR></DIV>
<DIV>Jeff</DIV></DIV></FONT></BLOCKQUOTE></DIV>
<DIV></DIV>
<DIV> </DIV></FONT></BODY></HTML>
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