national economic construction loan presentation book specimen Bonds 1954

Discussion in 'Ephemera and Photographs' started by MiddleEast/Russia/China, Aug 28, 2015.

  1. Bev aka thelmasstuff

    Bev aka thelmasstuff Colored pencil artist extraordinaire ;)

    Collectors of ephemera may be interested. You need to find a collectors site and post there.
     
    KingofThings likes this.
  2. afantiques

    afantiques Well-Known Member

    In the bank note and scripophily world specimens of any kind usually command a premium. Usually offically issued specimens are a lot scarcer than the issued examples.

    I have not seen this particular example, but I really do not have much recent experience with bonds.

    A tweak before uploading will reduce that grey fog appearance.

    bond1.jpg
     
  3. daveydempsey

    daveydempsey Moderator Moderator

  4. afantiques

    afantiques Well-Known Member

    The Spink auction estimate seems realistic, the other one a bit of a joke. The Spink one is about US$40 to 60 for as mixed lot of 10.
     
  5. LOLOL that is where I bought them! spinks Too cool to be that cheap!
     
  6. What is your guys thoughts on getting my bonds passco CERTIFIED??

    thanx for all your help! :)
     
  7. daveydempsey

    daveydempsey Moderator Moderator

    AF & myself are both in the UK and have collected and dealt in coins and banknotes for probably over 100 years combined (myself 54 years) neither of us agree with the US habit of using third party graders and slabbing of numismatic material.
     
    afantiques likes this.
  8. 3rd party grading aids giving Retail customers confidence in purchasing collectibles. Imo
     
  9. daveydempsey

    daveydempsey Moderator Moderator

    This TPG slabbing thing has become quite a con game.
    It was designed to be a con game many years ago.
    On a world timescale the USA is relatively new in coin and paper money production.
    The majority of collectors in the rest of the world manages to grade numismatic material themselves.

    The plastic used by the slabbing companies is usually some kind of trade secret, but no doubt it's as stable and inert as their R&D departments can make it, and should do no harm to the coins for the short or medium term. But frankly, we simply don't know how any kind of plastic will behave in the long term - plastic hasn't been invented for long enough. They can do all the artificial ageing tests they like, but the only true test of how a material ages is to wait around for several centuries and see what actually happens.

    We know some plastics degrade very quickly, and destroy any metallic objects embedded in them as they degrade (the plasticized PVC you often find in cheap coin albums is an excellent example). We also know that plastics are not eternal, and slabs certainly will not last as long as the gold, silver and copper coins they are purporting to protect.
     
  10. afantiques

    afantiques Well-Known Member

    I started to learn to 'grade' coins with my childhood collections, simply deciding which of two coins was the one to retain. Later I learned the formal names for various grades, always bearing in mind that a lot of other factors determine the value of a coin. So did pretty well all British and I suppose European collectors.

    The introduction of third party grading in the US was greeted with a shrug and 'Those crazy Americans, more money than sense.' When I recently read here about companies that grade graded coins I was vastly amused. The introduction of micrograding with arguments over something being MS64 or 65 just made me shrug.
    Next thing will be fully automated dealing, modern junk will come off the production line, be passed straight to graders who will slab the things and feed them into an automated selling machine and people will pay as they do for shares, leaving the actual coins in a big warehouse, like shares with a nominee company.

    No need to actually see and handle any coins at all.

    Still,if that's the way lots of people want to do it, best of luck to them. We very rarely see anything in a slab here, and if I did I'd just throw away the plastic.

    As for grading your bond specimens, forget it. Waste of money. They are what they are.

    I think non US collectors have much wider collecting horizons, so they are less obsessive about tiny differences in a fairly limited range of coins and have no real interest in trivial errors at all.
     
  11. afantiques

    afantiques Well-Known Member

    By the way, I have by my right hand a book on coin collecting published in 1855, it is over 700 pages long and Volume II, the only one I have , starts with the Roman Empire. It is called Humphrey's Coin Collector's Manual.
     
    komokwa likes this.
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