January 14, 2017

Do (all) Coin Collectors Believe in Magic?

Not all collectors believe in magic. Too bad. And, that’s okay.

We had a spirited (a pun, yes?) debate in our coin club meeting. I argued – of course – that slabs were bad, bad, bad. I got all manic about it: You might as well throw out condition grading as well. Who cares if a coin has been rated as “good” or “fine?”

And who are these raters pretending to be anyway?

I got many rebuttals.
A case bottle from Jamestown, TPQ 1610.
Would a brand new case bottle suffice?
You can’t sell them. You can’t determine the value. And for the plastic in particular: You need to protect them.
I’ve heard it all before. It is …

Just watered down collecting: one foot in the marketplace, the other foot trying to find a path to history. The wall is too high. No stile.

But one guy struck me with a bolt. “I want a coin that no one else has touched!”
Now that is heady stuff. A coin never touched by man (or woman). Or dirt, or dog, or … you get the idea.

He has a point. Sharp. And, he is no less the collector. (I hear the Morgan dollar crowd cheering in the distance. So too, the moderns are jubilant and chanting: “Bring on the American Eagles; Bring on the American Eagles.”)

These folks don’t believe in magic. Or do they? Maybe there is a strand of sympathetic magic in an MS-65 Morgan. (I’m still not sure about the Eagles though).

We know that relic coins contain a contagion. All magic pieces do. After all, a shadow does not strike a wall without leaving some trace. A coin touched is always so. Something of the toucher is left in the fabric. But another part of magic is born of similarity. Image magic. You know, witch bottles, dolls stuck with pins. This is the route that the Jamestown collector takes. He is mesmerized by a bent sixpence just like the one (but NOT the one!) found in the dirt at the fort.

So too, a bright CC Morgan might buzz with manna from its association to (but not its participation in) the Wild West.

I am going to spend all this icy weekend trying to wrap my puny brain around this! 

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