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 Replies: 21 / Views: 2,960 |
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New Member
United States
6 Posts |
I bought the " Red Book" and done some reading on the net trying to educate myself. Fortunately I'm in a postilion I do not need to sell but would like to know just what I have. The collection is in a wood box as set from first issue to last year and says Uncirculated. The collection in sealed containers with the marking "Guaranteed Genuine PCS Stamps & Coin" With an MG serial number. Guess my 1st question is part of what does the MG stand for? The last box has 2 coins in each 'Silver bar" that are worn and in pretty good condition for their age.     |
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Pillar of the Community
United States
7613 Posts |
 ... to the Community! What you have is most likely a set that was sold on late night TV or by a telemarketer of some sort at inflated prices. Once they see the buyer is gonna stay a "customer" (sucker/victim/) they then send them a fancy box to store the "treasures" in as they continue to unload overpriced and over hyped coins on the buyer. By the time the buyer figures out they got burned any return privileges have long expired. Better pictures of individual coins/slabs would be helpful. From what I can see on the 1878 coin it looks to be cleaned and polished. The company that slabbed the coins is unknown and worthless. In my opinion somebody most likely got their clock cleaned! |
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Moderator
 United States
187702 Posts |
Very interesting display!  |
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Bedrock of the Community
United States
94367 Posts |
Cynic that I am, I'd bet most are cleaned, polished and basically worth bullion value. Hope I'm wrong. Show us some individual coins (both sides) if you would. to the CCF! |
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Pillar of the Community
Canada
5239 Posts |
They are not given a grade, but declared genuine. That is a minimum requirement, to be sure, but that is about it, as it is fairly easy to guarantee authenticity with this well-known series.
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Forum Dad
United States
24150 Posts |
Although the picture is blurry, the 1878 appears to be polished within an inch of it's life.
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Pillar of the Community
United States
4233 Posts |
If you look up the company, they are still selling basically the same thing in various iterations. Easy monthly payments, one coin every other month, etc. A lazy way to "build a collection" and pay way too much. I would guess that the "MG" just identifies whatever promotion it was. If you inherited it or otherwise got it free, you at least have about 27 ounces of silver. |
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New Member
 United States
6 Posts |
First I will say it would not surprise me he over paid, that was his nature, over paying. He was not good with money and I found no books on values. Done with that. If someone can give me advise on taking pictures of coins lease do. This was the best I was able to get on the original coin. It's have to tell if the marks are on the coin or the plastic. Thanks!!   |
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Pillar of the Community
United States
7613 Posts |
Can't really tell too much about the actual condition of the 78-S from those pictures. The lighting conditions are not giving us the best representation of the coin most likely.
Try using ambient lighting on a window sill or table, or under an incandescent lighting source. You just have use trial and error when shooting pictures of slabbed coins. Do not get frustrated and take your time.
Good luck!
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Pillar of the Community
Australia
1333 Posts |
even tho they may have been clean/polished which means for most collectors they are not as desirable coins to collect that doesn't mean they have no value spend a little be of times to photograph the coins and people here will be willing to help you if you have trouble compressing image try taking a photo phone thats in focus but far from object then cropping it with a image editor on the phone so that its 300KB, you can usually check that with ... tab details on phone.
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Bedrock of the Community
United States
17884 Posts |
From the latest image of the 78 S, it doesn look cleaned and polished and I would say it is also not uncirculated. I suspect you have 30 coins most of with will be worth about $20 apiece withthe exception of possibly the 1893, 94, and 95 coins. Of course I seriously doubt those will be uncirculated or even close to it.
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New Member
United States
6 Posts |
Another try @ pictures with ambient lighting, hope to get the hang of this, appreciate the patients.   |
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Bedrock of the Community
United States
17884 Posts |
Still of the same opinion, cleaned, polished, and not uncirculated.
What do the 1893, 94, and 95 look like?
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Pillar of the Community
2145 Posts |
Oh, that polishing is horrible. I'd imagine all of them are polished?
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New Member
United States
6 Posts |
93, 94 & 95 missing all are slabbed and marked Genuine uncirculated. I was mistaken on the "set" they are a mix of Morgan and Peace dollars in the 30 set. I found Coin Manage 2020 and started to catalog whats here. I did contact PCS Stamp & Coin who provided most of the coins that have some type ID with the boxes. They do not grade, just sell uncirculated and claim to be in business 50 years at the same location. The coins are slabbed and marked as uncirculated. I was able to provide enough info they will send me a list of what my father-in-law purchased with what he paid, by a couple weeks on that. Littletons web site said all uncirculated are MS60 -MS64. What say ye? |
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Bedrock of the Community
United States
94367 Posts |
Littleton is a mass marketer that feasts on the ignorance of novice buyers. That the Sundman family is so feted in this hobby is an embarrassment.  |
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Replies: 21 / Views: 2,960 |
Posted 12/07/2020 5:18 pm
