| Author |
 Replies: 11 / Views: 3,393 |
|
|
Pillar of the Community
United States
3229 Posts |
I had the privilege to attend the EAC Convention last week and thought I would share some of my experience and thoughts. First of all, everyone at the convention was great. Very polite. Frequently friendly and helpful. My wife and I arrived on Thursday night. I was able to make part of the presentation. Learned that 1,500 "Grading Guide for Early American Copper Coins" books were published. The convention had 800 of them and they all sold out! I purchased three. One for me. Two for friends. Buy it soon is my advice. It is great! Friday morning arrived at check in and was thrilled to see that the EAC was handing out free EAC Tokens. (See picture at the end.) IMO it is really nice token! Thick and attractive! Classy.  On the bourse, things were interesting. I was not sure what I would find. I started my walk around and was seeing more copper in one room than I have ever seen:D And it all good stuff was amazing stuff!...With amazing prices! I can only drool at coins with such a prices, and did;) Prices at thousands and thousands of dollars. Before making it around the room I found a dealer with some colonials and LC's that interested me. He had a mid-grade 1817 15 Star LC which I purchased and will post sometime; probably soon. While moving around the room I checked out a few Chain Cents and other such 1793 coins...Yes...A WOW experience indeed!! Overall, the best thing I got at the convention is knowledge. Seeing so many coins of interest in one place at one time gives a perspective that I know must be good. Over the two days that I was on the bourse I picked up a few gems, well they are gems to me anyway. What I purchased was mostly low to mid-grade. The high grade stuff was out of my league. I had two lists going into the show. High-ish end type coins, and mid/lower end varieties. The low end varieties were scarce on the bourse floor, but some could be found. I got a couple:) Purchased an 1823 LC that I am liking more and more...and wait till you see my 1795 Lettered Edge LC. Not the best example but it is mine!:) Also picked up a copy of the 2014 Penny Prices by William C Noyes. Some interesting discussion of "price guides" at the show, but will save that info. I need to go to bed. Here are some pics:     |
|
|
|
Pillar of the Community
United States
4409 Posts |
TJ sounds like you were in EAC heaven there.  I'm putting my order in the mail for one of these grading books today. I don't want to miss out. -MV |
|
Pillar of the Community
United States
3107 Posts |
Can't wait to see the pics of your purchases! Sounds like a great time. Congrats!
|
|
Pillar of the Community
Germany
1849 Posts |
Being an avid copper collector, attending an EAC convention would be extremely interesting for me. Alas, it is a very (very) long way to go. Maybe one day when I am in the U.S, and I can combine with a family vacation.
It would certainly be interesting to see how that new price guide compares with C.Q.R (Copper Quotes by Robinson).
As others here, I am eager to see your new copper purchases, the 1823 and the 1795 Let. Edge.
Edited by GERMANICVS
05/09/2014 2:24 pm
|
|
Pillar of the Community
 United States
3229 Posts |
MeadowviewCollector, the book is great. I am fairly certain you like it as much as I do:)
Srs77, I will post up the 1795 LE soon:)
GERMANICVS, having seen some of your beautiful coppers here on CCF I would venture to guess that you would indeed like the EAC convention:D!
I forgot to mention that one of the highlights for me was seeing and holding an actual (not a re-strike) copper Libertas Americana medal. Could have had it for 26,000 USD;)
|
|
Pillar of the Community
United States
9792 Posts |
Thanks for the review! I placed my EAC Grading book order today as well. Also re-upped for another year of membership. Glad you were able to attend, I was so close to going, but losing my car and some IRS tax issues with my fathers estate made me rethink spending any money I really don't have to right now. So bummed, as I have attended many ANA summer seminars, and have many friends still in Denver from when I lived there (most of my formative years 6-25). Looking forward to seeing that 1795 LC! How is the Penny Prices book? I've often wanted to get a copy but have never found one for sale. How much and what does it cover? "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Pillar of the Community
United States
3229 Posts |
Westcoin, I am sure you will get to sometime. In the mean time you are going have a fantastic book to read. Which reminds me, I have got to get more time to read more of mine. A freind has been trying to get me to the ANA summer seminars but with the cost of this trip it is a "no go". Enjoy the book! Fabulous pics! |
|
Pillar of the Community
United States
3229 Posts |
It seems couple of you are curious about the 2014 "Penny Prices(PP)" guide by William C. Noyes:) I have not had a lot of time to study it but I really like the "Looking Through the Condition Prism" article at the beginning along with all of the other text. At the show, a couple of dealers said that PP was under priced and that was not to be considered because its prices were way under priced. RedBook, was of course, discouraged. Copper Quotes by Robinson (CQR) was considered the proper price guide at the high end. One of the dealers suggested that if you buying between the PP and the CQR prices then you were getting a good deal. Prices certainly reflected this opinion. Another dealer praised the PCGS Price Guide. Interesting for sure. |
|
Pillar of the Community
United States
3229 Posts |
Here are price comparisons for a 1836 LC in XF 40 (or closest) grade for comparison.
2014 Redbook: $125.00 EF 40; $250 AU 50
1/14 Gray Sheet: $115.00 EF 40; $150.00 AU
PCGS Price Guide : $200.00; $300.00 AU 55
For the PP and CQR I lower the grade to VF 30 (or closest) to reflect tougher EAC grading standards.
Penny Prices (N6 v.): $130.00 VF; $300.00 EF 40
2011 CQR (N6 v. Avg.): $165.00 VF; $340.00 EF 40
|
|
Pillar of the Community
United States
9792 Posts |
I am quite familiar with the RedBook (of course) and CQR, I know about PP but just have not seen a copy in hand. How is the book or is it just a pricing guide? I do get that it is under priced on many coins, due to publishing times vs. haw fast trends can change in the market. I was not aware that Bill Noyes had made a 2014 edition. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Pillar of the Community
United States
3546 Posts |
Quote:
How is the Penny Prices book? I've often wanted to get a copy but have never found one for sale. How much and what does it cover? This 2014 3rd edition PP book by Noyes covers: a) LCs by Sheldon variety @ 1793 - 1814 & b) LCs by Newcomb variety @ 1816 - 1857 & c) HCs by Cohen variety @ 1793 - 1811 (AG through MS incl restrikes, tokens & proofs @ PF50 through PF65) all w/o any corresponding photos... I have seen them on-line going for approx. $70 - $80 |
|
Pillar of the Community
United States
1566 Posts |
I really need to purchase a copy. Its on my list of books I need to buy but don't. Go figure.
|
| |
Replies: 11 / Views: 3,393 |
|
Posted 05/09/2014 1:47 pm
