- Almost New
- Also slider. Usage by dealer
T.T., first seen written on coin envelopes of his inventory the late 1970s.
A coin that grades not quite Uncirculated.
- Annie
- Slang for ANE or American Numismatic Exchange. A computerized trading
network that rose to prominence following introduction of
slabbing. Had an unexpected demise in
1989 due to internal discord. Similar schemes were hatched during the coin
boom of 1985-1989, although most either never came to fruition or, those
that did, failed after the boom ended. Annie was replaced by CCE, a similar
exchange. (Daily CCE sales range from $20,000 to $100,000.) Both of these
dealer networks were preceded by FACTS, which traces to the roll and proof
set boom of the early 1960s. Not to be confused with
Little Orphan Annie.
- Ask
- Wholesale selling price as established by market makers, and listed in
the weekly Coin Dealer Newsletter. "How much do you need to get
for it?" "What's ask?" See
bid.
- A Small, But Useful, Profit
- Tongue-in-cheek term used by Richard L. of England in 1985. Applied when
describing an outrageous--and therefore, highly rewarding--profit. Author:
"How much did you make on that 1839 Una and the Lion five-pound, Richard?"
Richard: "Ooo! Let me think." [Pauses] "I suppose I'll wind up with a small,
but useful, profit." [Grinning broadly]
. . .
. . .
. . .
Numismatica / 15 Sep 2003