What is your opinion on coin / medallic / token covers?

[Toke Nørby]

I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

Thanks in advance for your feedback / opinion.

(posted in rec.collecting.stamps.discuss and rec.collecting.coins)

Mvh
Toke

[Terry Reedy]

Post by Toke Nørby
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.

I am not sure I have seen what you refer to. Do they have real coins? or
foil-covered cardboard, like the covered with 'gold-bars' inside a
plastic window.

Post by Toke Nørby
Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

For the gold-foil covers, the special group includes fools who think
they are actually getting gold, or at least metal of some sort. They are
a headache for show dealers who get to tell them the bad news that the
covers are at best worth pennies on the dollars paid.

tjr

[Toke Nørby]

Post by Terry Reedy
I am not sure I have seen what you refer to. Do they have real coins? or
foil-covered cardboard, like the covered with 'gold-bars' inside a
plastic window.

Some have real coins and some have tokens

Post by Terry Reedy

Post by Toke Nørby
Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?

For the gold-foil covers, the special group includes fools who think
they are actually getting gold, or at least metal of some sort. They are
a headache for show dealers who get to tell them the bad news that the
covers are at best worth pennies on the dollars paid.
tjr

Thanks for your answer. I think it's pretty close to what my friends
think about such numiscovers as they also are called.

Mvh
Toke

[Jerry Dennis]

Post by Toke Nørby
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.
Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?
Thanks in advance for your feedback / opinion.
(posted in rec.collecting.stamps.discuss and rec.collecting.coins)
Mvh
Toke
--
Læs om "Skivearket" og "Skibsgrisens Flugt"
eller om Klasselotteriets inspektører 1753-2010:http://norbyhus.dk/

They're pretty much a marketing ploy by the Mint to make a few extra
bucks. For the most part, coin collectors don't buy them, preferring
the coin itself as opposed to a "cover." Like anything, the covers
have their collectors so I don't begrudge them. I'm sure we all have
our own "oddballs" that other collectors would say,
"Whatsamattafo'you?"

Jerry

[Toke Nørby]

Post by Jerry Dennis
They're pretty much a marketing ploy by the Mint to make a few extra
bucks. For the most part, coin collectors don't buy them, preferring
the coin itself as opposed to a "cover." Like anything, the covers
have their collectors so I don't begrudge them. I'm sure we all have
our own "oddballs" that other collectors would say,
"Whatsamattafo'you?"
Jerry

:-)
thanks a lot - and it seems that stamp collectors don't buy them -
although some do

[Ken Barr]

Post by Toke Nørby
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.
Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?
Thanks in advance for your feedback / opinion.

Philatelic Numismatic Combinations (PNCs) had their heyday in the 1960's
and 1970's ... they've been pretty much moribund since then. 99 Company
PNCs still show up on eBay from time to time, but I suspect that they
generate little interest above the coin's intrinsic or numismatic value.

The U. S. Mint is a latecomer to this aspect of the hobby, with their
Sacagawea dollar PNCs and Statehood Quarter PNCs, but even those appear
to have had a short-lived spark of interest with almost all of them
currently selling for fractions of their issue price.

John Miles Baker was the "mover and shaker" behind this collectible,
with his "99 Company" probably being the most prolific producer of all
time. He disappeared off the scene some time ago, and I just found out
some of his more recent history (as of 2006, at least) thanks to Google
... Don't know what's happened to John in the last six years.

http://coincollector.org/archives/003604.html

The Society of Philatelists and Numismatists (SPAN) was the collector
organization most closely devoted to PNCs, but it also seems to have
disappeared. I was a member back in the 1980's, mainly because they
were producing souvenir cards, but I haven't seen or heard anything of
them in at least ten years.

[Toke Nørby]

Post by Ken Barr
Philatelic Numismatic Combinations (PNCs) had their heyday in the 1960's
and 1970's ... they've been pretty much moribund since then. 99 Company
PNCs still show up on eBay from time to time, but I suspect that they
generate little interest above the coin's intrinsic or numismatic value.
The U. S. Mint is a latecomer to this aspect of the hobby, with their
Sacagawea dollar PNCs and Statehood Quarter PNCs, but even those appear
to have had a short-lived spark of interest with almost all of them
currently selling for fractions of their issue price.
John Miles Baker was the "mover and shaker" behind this collectible,
with his "99 Company" probably being the most prolific producer of all
time. He disappeared off the scene some time ago, and I just found out
some of his more recent history (as of 2006, at least) thanks to Google
... Don't know what's happened to John in the last six years.
http://coincollector.org/archives/003604.html
The Society of Philatelists and Numismatists (SPAN) was the collector
organization most closely devoted to PNCs, but it also seems to have
disappeared. I was a member back in the 1980's, mainly because they
were producing souvenir cards, but I haven't seen or heard anything of
them in at least ten years.

Thanks a lot for this background story - really interesting! I'll
certainly dig out some nuggets from that archive (and refer to this
posting of yours).

Mvh
Toke

[Toke Nørby]

Post by Toke Nørby

Post by Ken Barr
Philatelic Numismatic Combinations (PNCs) had their heyday in the 1960's
and 1970's ... they've been pretty much moribund since then. 99 Company

...snip

Post by Toke Nørby

Post by Ken Barr
http://coincollector.org/archives/003604.html
The Society of Philatelists and Numismatists (SPAN) was the collector
organization most closely devoted to PNCs, but it also seems to have
disappeared. I was a member back in the 1980's, mainly because they
were producing souvenir cards, but I haven't seen or heard anything of
them in at least ten years.

Thanks a lot for this background story - really interesting! I'll
certainly dig out some nuggets from that archive (and refer to this
posting of yours).

Now I have "finished" a little series of 5 parts on the pnc-subject. I
hope you will enjoy it (even it's in Danish - but let Google help you
with the translation :-)

http://norbyhus.dk/artiklermm/pnc/kap1.html

Again thank you all for your comments!
Mvh
Toke

[Sir F.A. Rien]

On Wed, 08 Feb 2012 22:13:53 +0100, Toke Nørby

Post by Toke Nørby
I'm writing on a small article about coin covers and would like to
know why these covers are made and to whom they are sold.
Are there any of you stamp or coin collectors who collect such covers?
or is there a special group of collectors who buy them?
Thanks in advance for your feedback / opinion.
(posted in rec.collecting.stamps.discuss and rec.collecting.coins)
Mvh
Toke

If they're legal tender [some UK] and you can get them below 'face'
[often happens on eBay], take the money and have a beer!