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Opinions On These Coins Offered @ LSCC By Dan Carr

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DVCollector's Avatar
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 Posted 11/21/2012  9:01 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
My only comment would be to try a different font for the lettering. The one used is too small and doesn't have the right time period feel for the artwork.
The legends need more impact and feel of the period. The font he's used is a 20C. style.
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mds308's Avatar
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 Posted 11/21/2012  9:44 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
matthewvincent,

Once again, you are my guidance counselor. Thank you. I appreciate you taking the time to help inform me and the other forum collectors. I'm viewing these as an investment. I'm fortunate to have acquired a one ounce gold Eagle for around 1100 dollars. I got it when gold was around 1200. It had some dings from handling so it was an easy call to let her go. With all my fees added, the other items ordered, and my shipping costs (overnight insured), I'm still under the value of the one ounce round. I think I've made a wise investment but I cannot do the Pee Wee Herman dance until I have the coins in hand.

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Conder101's Avatar
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17884 Posts
 Posted 11/21/2012  11:43 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I would NOT view these as an investment. This is more of a membership medal and it will have very little aftermarket interest other than among new incoming members and just the bullion value of the pieces. So if you pay a premium for them the metals will have to go up that much just to break even. If that takes too long it can end up being a poor or just a so so investment even if you do make a profit.

And yes the 1836 dollar didn't have lettering on the obv, but later issues of the Half Dime and dime did. (Frankly I saw "73 seated" and didn't even notice the Gobrechet on the base.)
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SsuperDdave's Avatar
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 Posted 11/22/2012  12:53 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:

I would NOT view these as an investment. This is more of a membership medal and it will have very little aftermarket interest other than among new incoming members and just the bullion value of the pieces


Although I wholeheartedly agree with you regarding these being inappropriate for purely investment purposes, I will state that ample evidence exists indicating there's a building collector base of people who collect Carr's work, regardless of original design or intent. Like him or not, he seems to be the preeminent medalist of our time. Doesn't hurt that he has a vertical monopoly of the process.

Further, a certain individual and CCF member (whose reach apparently exceeds even the lofty opinion I have of it) has even managed to get Carr-executed membership medals into ANACS slabs....
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mds308's Avatar
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 Posted 11/22/2012  07:50 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
Just like politics, we'll have to agree to disagree. How many times have people dismissed a talent or an artist and then the artists work becomes incredibly sought after? I remember passing on antiques that have seen prices reach astronomical values. Only time will tell but there is a current track record.

Here is a Carr medal that sold on ebay. One ounce of silver for 204 dollars.
http://www.ebay.com/itm/Daniel-Carr...em337c863e3d

Here is one for the knights of Coin. Only 178 dollars for an ounce of silver. Can you tell me if it was bought by a member from the Knight of The Coin?
http://www.ebay.com/itm/Daniel-Carr...em337c86334e

Another one that sold for 149.
http://www.ebay.com/itm/2009-Knight...em4abcfe188b

His Peace dollar sold for over 200 dollars.
http://www.ebay.com/itm/1964-D-Silv...em337d3cb9e0

How about a 1/10 ounce coin for over 200 dollars.
http://www.ebay.com/itm/1-10-GOLD-C...em4abbe276c7

Just like any purchase or investment, there are no guarantees on appreciation but I think it's a good bet. If not, in the end, I'll have some very attractive medals/coins that will be minted in limited numbers. I've seen people pay way over value for US minted coins and have to wait decades for the values to appreciate or wait years just to break even. And once again, there are never any guarantees.
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matthewvincent's Avatar
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 Posted 11/22/2012  08:23 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
mds308,
It was decided to require an ounce of gold rather than cash for the reason that many people had bought gold when the price was lower.
Also, it is insurance that the fluctuating price of gold will have no effect.
I would like to repost your story on the LSCC board as an example of a person who has done just that. What better way to trade
a scratched piece for a nice one with a pedigree. Not an investment as much as a lateral move.

My sister and her husband were wondering WHY would I do what I am doing. When I said, "My name will be included on the edge." they changed their opinion:
"Well, that makes sense now. Good idea."

SsuperDdave,
Would you send me a few links to Dan Carr that you would recommend? Thanks.

In regards to the font used for the lettering, while the idea is to commemorate the 40th anniversary of the club,
the spirit is to celebrate the man's design.
That was achieved.
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mds308's Avatar
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 Posted 11/22/2012  08:52 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
matthewvincent,

You may use my post as you see fit. Just keep it out of Penthouse Forum.

When I say I bought these as an investment, I didn't mean that I was looking for a return that would pay my house off or buy me a 1930's SS100 Brough Superior once owned by T.E. Lawrence. But a small appreciation would be nice. A large one would be better.

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52Raymo's Avatar
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 Posted 11/22/2012  09:29 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I would totally buy one of his 64 Peace dollars but the other stuff just doesn't do it for me.
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Earle42's Avatar
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 Posted 11/22/2012  11:27 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I like/own Carr-made 64D Franklin, 1970 40% Ike, 1975 clad Ike, and 31S SLQ for my personal collection. I bought a few other for investment potential (1909 O Morgan and a couple duplicates of the previous mentioned list). If I go by ebay records, I would be able to make a decent profit on only a couple of these. This seated Liberty, although not a fantasy coin, I think might b a good investment.
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matthewvincent's Avatar
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 Posted 11/25/2012  09:31 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
mds308,

I just received an email from Dennis Fortier concerning the 40th Anniversary and he included the following:

"... you'll be glad you ordered a gold medal, so far there are only 11 ordered but I expect a few more. It will be rare in any event.

I hope this encourages you to continue. [working on your article]

Regards

Dennis Fortier"

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Bryan1315's Avatar
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 Posted 11/25/2012  1:17 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I knew of the 2007 KOTCT rounds/medals but never knew they had them commissioned the other years you had posted as well. To be honest I believe my 12 year old could draw a better design than a couple of those medals have. Like the dragon one looks very childish looking. The 1/10 ounce coin is about what all 1/10th ounce coins sell for so I am not very surprised about that one.
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SsuperDdave's Avatar
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 Posted 11/25/2012  3:46 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
As regards the 2007 KOCT medal - second link in mds308's list - I would almost certainly assume that a KOCT member purchased it. Back when they were initially created, few of those who purchased them (trust me, I was there) acquired all six 38mm variants as mentioned in the auction. Aside those few, very little chance to build a complete set exists aside the seller's holdings.

I hold such a complete set, in Carr's original flips, and in truth I'm sore tempted to see what it would fetch.
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DVCollector's Avatar
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10045 Posts
 Posted 11/25/2012  3:51 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Here is a Carr medal that sold on ebay. One ounce of silver for 204 dollars.
Woah--that's very unexpected! I had one of those, which I sold for bullion price.
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Coin Addict's Avatar
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110 Posts
 Posted 11/25/2012  4:01 pm  Show Profile   Bookmark this reply Add Coin Addict to your friends list Get a Link to this Reply
I think they're stunning medallions. The design ranks in the same realm as some of the great artwork that's been produced by US mints over the years.
I could see an increase in value in due time.
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SA4H's Avatar
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 Posted 12/01/2012  04:13 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thank you for all your posts.... you just helped them depleted my bank account by $20 membership fee + $150 gold medal fee + $140(may be more if silver price go beyond $33/oz) two silver medals fee + $32 Registered Priority Mail.

I had been pondering this idea of buying them since the OP created the thread but was still uncertain, until I saw SsuperDdave posts and then found my $50 AGE at my SDB (forgot that I've bought it for $1700+ about a year ago from a fellow member), I was gonna sell it to raise money for part of the fund I needed to pay my debt.... I ended up selling 4x $5 Lib Gold to Fuzzy instead AND sell some more silver locally to cover those above mentioned fees. The last few days just drove me crazy trying to juggle between decisions.

I hope I've made the right decision on this order and should have some nice medals to set aside for my daughter..... she's 5 months now and can hold a 1oz silver round on each hand now.... I'm wondering how many CCF members are actually order each of the 3 medals?

I guess part of coin collecting is deciding to sell what you don't need or less interested in AND buying what you are very interested in. I guess it's just harder for me since I have to address my financial situation at the same time.

On a side note, it's kinda weird how each PO work differently regarding Registered Mail. The one closest to my house wanted the package to be a rigid box (not bubble padded envelope, BUT flat-envelope like 1st Class is OK) while the other main PO is OK with bubble padded envelope). Anyone had similar situation?
Edited by SA4H
12/01/2012 04:17 am
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