Author Topic: NGC Response Regarding The Authentication Of Pagoda Medals  (Read 21176 times)

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Offline shibaji

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #30 on: July 21, 2012, 12:27:46 AM »
"So PFUC 69 Pagodas with ACB under $2,000 was a perfect return on investment for me."

What is ACB ?

Underbidder

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #31 on: July 21, 2012, 12:29:10 AM »
Re: Not necessarily" You're lying. :001_tongue:


And youre spooning comments reveal your fetish. Spooning coins. WOW. How unique! We'll keep that in mind next time you put up that 1994P panda for trade. Just make sure to disclose where its been.  :laugh:

Not that NCS could fix remove the liquids you apparently expose your coins to. :w00t:
 

Anyway, one track mind missed the whole point. My average cost basis for PFUC 69 Pagodas is a little over $1500 each, across multiple sets. Not $10,000 per set and not $25,000 per set.

So PFUC 69 Pagodas with ACB under $2,000 was a perfect return on investment for me.

But some people here cant see the forest for the trees. Thats great.

So go back to your porno blog with your spooning



You so totally miss Comeaux's wit, I fear.  Maybe a loss of translation into Canuck?
In any event, I assure you, Comeaux "gets it", he probably has no trouble with your misinterpretation, he is solidly practical, and I think you evidently missed his subtle intent.

Hint: get unclean porno out of your mind, and perhaps consider puns instead. 

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #32 on: July 21, 2012, 12:54:05 AM »
PS-
am happy to hear you bought low.    ;)

Offline Panda Express

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #33 on: July 21, 2012, 03:46:00 AM »
"So PFUC 69 Pagodas with ACB under $2,000 was a perfect return on investment for me."

What is ACB ?

ACB is an abbreviation for average cost basis which is a simple means of averaging the capital gain or loss of an investment.  This term is mainly used in securities such as stocks and ETF's; however, this can be easily used for any investment including our favorite Pagodas.  Just look at the recent sales of PFUC 69 pagodas and you can average in the ACB.  :001_smile:

Here's a link for an ACB calculator:  http://www.stockrants.com/average-cost-calculator

Offline shibaji

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #34 on: July 21, 2012, 03:47:53 AM »
@Panda Express - Thank you! :-)

Offline bonke

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #35 on: July 21, 2012, 10:02:01 AM »
Several years ago, I purchased two pagoda sets, weighed them (22.2 grams per medal) and sent them to NGC for authentication, grading and slabbing.  When my order was returned, the slabs indicated a weight of S20g.  Immediately, I understood.  The gross weight was 22.4 grams.  The net silver weight was 20 grams.  This was consistent with NGC's labels for my US and World gold/silver coins.  NGC shows the actual gold or silver weight of the coin or medal on the label.  This is very helpful for collectors and investors.

I have never purchased silver-plated, gold-plated or copper pagoda medals and do not know the weight of these varieties.

Mark Bonke 

Offline comeaux

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #36 on: July 21, 2012, 10:19:57 AM »
Wow bud … calm down, seems I struck a nerve with your anger management issues. You asked a question and I answered it. No need to blow your top troll. I don’t usually feed the trolls but every now and then I do respond appropriately to unprovoked attacks.
 
Quote from: davidt3251
Re: Not necessarily" You're lying.
Just because you flip burgers for a living or sale shoes, you should not assume that everyone else does. The acquisition of WH Energy by Smith International in 2008 has created a situation for me where it is “less significant” I should say maybe not “insignificant”. Sorry if you can’t wrap that around your shoe salesman mentality but the oil business has been very lucrative for me, now go back to selling your shoes.   :001_tongue: 

Quote from: davidt3251
We'll keep that in mind next time you put up that 1994P panda for trade. Just make sure to disclose where it’s been. Not that NCS could fix remove the liquids you apparently expose your coins to.
Nothing at all wrong with that coin and it has been nowhere except to NGC and back PF69UC. It’s more than I can say for the cheap pieces of clad coins your hoarding.  :thumbup:


Quote from: davidt3251
Anyway, one track mind missed the whole point. My average cost basis for PFUC 69 Pagodas is a little over $1500 each, across multiple sets. Not $10,000 per set and not $25,000 per set.
I never said that YOU paid $25,000 for a set. You’re not only defensive but a very delusional troll as well.  

Quote from: davidt3251
So go back to your porno blog with your spooning
I actually picked that phrase up from another collectibles forum … definitely not porno but it shows where your mind is and where it’s been. It’s not your fault, it’s your morals and apparently how you were raised.  :(
 
So what I have derived from your defensive, accusatory and cantankerous post is that you are either a lonely, pathetic old man playing on the community computer at a local old folks home because someone has knocked over your checkerboard or you are just a punky teenage troll playing on your mom’s computer past your bedtime. I on the other hand have a beautiful wife and child, would not need or want to waste my time on the porno sites that you apparently frequent far too often and unlike you find that type of activity to be unfitting for family entertainment.

Now go ahead and flame away at me from your home in the basement … I’m done with you troll.  :laugh:

Offline badon

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #37 on: July 22, 2012, 05:25:01 AM »
Hey everyone, let's keep the discussions friendly, and especially family-friendly. Forum rage is very much like road rage. It starts out with everyone assuming they've been insulted somehow, and it goes downhill from there. When meeting face to face, people tend to behave much more like friends than enemies, so lets pretend we're all talking face to face :)

Offline comeaux

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #38 on: July 22, 2012, 02:25:39 PM »
Badon thanks for addressing this.

I’m in agreement that we need to keep the forum “family friendly” as my wife was aghast after reading the unprovoked attack on me and more specifically the connotations to pornographic websites.

My wife reads here often to gain more knowledge of MCC that we have collected for our son and even after she reread all of the post in this thread was perplexed how anything I posted instigated such an intense and viscous attack.

I would hope that when my son is of age to read that he as well can participate here at CCF but if pornography is going to be associated in any manner then I will have to refrain from his participation here.

I apologize to the forum for disrupting this thread (which has been very informative) with my response but I do not and will not take lightly to allegations of pornography on an open forum when my family (and employees) read here as well so I felt it necessary to defend such serious allegations. 

Thanks for addressing this and again I do apologize again for my response which may have offended any other CCF members.

Back to the very interesting discussion of these mysterious Pagoda medals !   

Offline pandamonium

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #39 on: July 22, 2012, 03:13:32 PM »
A little controversy and spice is OK w/ me.  Life marches on..............

Offline davidt3251

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #40 on: July 22, 2012, 07:18:59 PM »
It is truly regrettable this exchange took place but you know what the Devil's Dictionary says about what it means to apologize.

APOLOGIZE, v.i. To lay the foundation for a future offence.

http://www.thedevilsdictionary.com/?A


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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #41 on: July 22, 2012, 08:26:22 PM »
An apology doesn't preclude then "a future offense"? and neither does failing to make an appropriate apology when wrong.

The difference is:  one action shows maturity and social grace.

Offline badon

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #42 on: July 22, 2012, 08:40:25 PM »
I don't know, I think davidt3251's humor gently defused the tense atmosphere that was starting to develop. If that isn't social grace, then I guess I'll settle for innocent bumbling.

Offline shibaji

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #43 on: July 24, 2012, 10:10:39 PM »
I am certain that the connected line on the reverse of Kaiyuan temple is a variety. I found someone trustworthy in China who bought four sets directly from China Mint himself in 1985, which has connected line. He sent two sets to NGC for grading earlier, but those got rejected as fake, and he was surprised. These also have frosting issues in some areas. May be I can try & provide some picture, as I have one such set in my hands.

So, I now do not believe that frosting issue on Pagoda coins automatically reject them as fakes. Similarly, connected line on the reverse of Kaiyuan is non-issue. Of course, if/when NGC recognizes that is a different question.

It also seems that it is harder to get a connected line Kaiyuan, than broken line. Likely there were only few minted during the end of production after the broken line fix.

Offline badon

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Re: NGC Response Regarding The Authentication Of Pagoda Medals
« Reply #44 on: July 24, 2012, 10:31:17 PM »
Photos would be interesting to see.