Finally Found the Coin I`ve Been Searchin` For!!!(UPDATE IN FIRST POST~~FINALLY)

LeeBone · February 3, 2013 6:39AM

After 5-7 years of waiting/looking, the exact coin showed up on the Bay this morning but at the present time I do not have the funds to add it to my set.

Oh well...

UPDATE~
Ok. Well I had thought that this coin was gonna pass me by as my immediate funds(all at once) were not available to bring it to me. Let me state that I was not asking for help by my posting this thread. I was however blown away and humbled by PM`s asking what the coin was and how they could help.

The thing is I really haven`t had too much interraction with the members here(dealwise) other than me posting to the boards since 2006. I have met AUandAG and had lunch together while I was vacationing with my girlfriend and have met a couple of others just to say Hi. I bought a coin from Ajia and one from Guitarwares, but besides these couple of transactions I have no way for anyone to have confidence in me. It`s nice to know there are still people willing to help.

Being a full time single Dad with two daughters makes it a little tough to continue to add higher priced coins(for me) to my collection.

I was fortunate with the help of these boards and some of it`s awesome members to add my this one to my Morgan Set.
GoldenEyeNumismatics and AnkurJ played a big part in making it happen and I want to thank them so much.

So here she is...the exact way I wanted her...1896-S in PCGS plastic, pass the kool-aid cuz I drink it

, in AU58. Now don`t get me wrong, this date/mm is readily available in XF and lower grades and MS 63 and up. Finding an AU58 just doesn`t happen. Why are there so very few AU`s out there? I don`t have any idea but they are hard to come by. AU58 grade coins can be almost as attractive as a MS coins and this one has enough of a price difference to make me want the 58 over a 63. The Pop for this coin is a mere 29 in 58 as compared to 502 in 63 which also makes it more appealing to me.

Anyway I won`t bore you any longer...
A few pics with different lighting

So again, Thank You to everyone who expressed interest in helping me and Thank You to PCGS for these wonderful forums....otherwise this coin would have passed me by.

Barndog · February 3, 2013 6:40AM

buy it anyway!

At least my failures to do that in the past have provided me with that lesson.

crypto79 · February 3, 2013 6:46AM

<< buy it anyway!

At least my failures to do that in the past have provided me with that lesson. >>

I tend to agree unless it is life altering expensive

LeeBone · February 3, 2013 6:49AM

<< 

<< buy it anyway!

At least my failures to do that in the past have provided me with that lesson. >>

I tend to agree unless it is life altering expensive >>

Maybe if I hit a couple Superbowl blocks I`ll think about it a little more

johnny9434 · February 3, 2013 6:50AM

<< After 5-7 years of waiting/looking, the exact coin showed up on the Bay this morning but at the present time I do not have the funds to add it to my set.

Oh well...

>>

i feel your pain but hang in there, it will come in time

SmEagle1795 · February 3, 2013 6:55AM

I'd call up a dealer friend you've done a good amount of business with and ask them to buy it and you'll buy it from them for a couple percent more, paying over time or via a trade. If I found a coin I'd been waiting for that long for, I'd bend over backwards to make it work.

LeeBone · February 3, 2013 7:02AM

AnkurJ · February 3, 2013 7:05AM

<< I'd call up a dealer friend you've done a good amount of business with and ask them to buy it and you'll buy it from them for a couple percent more, paying over time or via a trade. If I found a coin I'd been waiting for that long for, I'd bend over backwards to make it work. >>

Bingo

coindeuce · February 3, 2013 7:07AM

If for no reason other than to test your resolve at facing a monumental challenge. It is better to have tried and failed, than to have never tried. Have you communicated with the seller ?
There are some here who are adversaries of using a service like Collateral Finance Corporation, but you would be wise to at least explore the option. They even accept bullion as collateral on loans.

2ndCharter · February 3, 2013 7:25AM

<< I'd call up a dealer friend you've done a good amount of business with and ask them to buy it and you'll buy it from them for a couple percent more, paying over time or via a trade. If I found a coin I'd been waiting for that long for, I'd bend over backwards to make it work. >>

I agree - find a way to make it work. I once got cold feet on an item in a 1980 NASCA auction because it went past the available money in my pocket. I'm still waiting for that item to reappear. Looking back, I could have easily figured it a way to finance the deal.

TomB · February 3, 2013 9:10AM

Searching five to seven years and now you won't pull the trigger? Unless the money is way beyond your means, I would suggest working with someone to procure the coin.

Coinsponge · February 3, 2013 9:14AM

Is it still for sale?

LeeBone · February 3, 2013 9:44AM

<< Is it still for sale? >>

Yeah, but it`s only been listed for 19hrs +/-

RichieURich · February 3, 2013 10:15AM

<< Searching five to seven years and now you won't pull the trigger? Unless the money is way beyond your means, I would suggest working with someone to procure the coin. >>

I agree with TomB. If you've been searching that long, it probably is worth stepping up to get it.

You might ask yourself how long it will take to find the next one if you let this one pass by.

Buzzybest · February 3, 2013 10:19AM

If it's a Morgan 1879-O/over horizontal O VAM 28,please PM me.
That particular VAM is rated a rarity 6.

LeeBone · February 3, 2013 10:20AM

<< If it's a Morgan 1879-O/over horizontal O VAM 28,please PM me.
That particular VAM is rated a rarity 6. >>

A Morgan, yes, but not this.

LeeBone · February 22, 2013 10:27AM

Update coming to this thread soon....

Thanks to help from this forum and it`s members

MICHAELDIXON · February 22, 2013 11:26AM

I feel your pain! I have always wanted an original 1913 Liberty Nickel and the Walton specimen is on the block. But...money prevents me from bidding and purchasing it.

LeeBone · February 22, 2013 11:39AM

<< I feel your pain! I have always wanted an original 1913 Liberty Nickel and the Walton specimen is on the block. But...money prevents me from bidding and purchasing it.

>>

Not even close!

That`s a dream coin for most including myself. Nice to be able to even have it on your want list.

keyman64 · February 23, 2013 1:02AM

<< Update coming to this thread soon....

Thanks to help from this forum and it`s members

>>

Even if it is a silly Morgan, this thread interests me a bit. Hoping for good news!

rawmorgan · February 23, 2013 1:38AM

I believe I know which one it is, and the dealer has a solid reputation. Ask if you can buy it on a 3 - 4 month layaway, with 5% interest?

edited for spelling

pocketpiececommems · February 23, 2013 1:55AM

If it's the exact coin you've been looking for 5-7 years you must know what the cost will be. Why wait any longer? It's only money as another forum member has told me.

You may not get the chance again. Go For It!!

ricko · February 23, 2013 2:12AM

I agree with PPC and others, go for it. Cheers, RickO

mkman123 · February 23, 2013 2:20AM

looks like the OP may have bought it? keep us updated!!!

Shamika · February 23, 2013 4:18AM

Whatever you do, DO NOT let the coin get away. If you've been waiting for this piece for 5-7 years, you'll kick yourself if you don't buy it. Even if you have to liquidate part of your collection, do what it takes. I had a similar situation happen to me several years ago and I ended up trading away one of my most valuable pieces, but today I'm glad I did. The piece I traded away was easily replaceable. The coin I acquired was not.

rawmorgan · February 23, 2013 5:02AM

<< I believe I know which one it is, and the dealer has a solid reputation. Ask if you can buy it on a 3 - 4 month layaway, with 5% interest?

edited for spelling[/q

Well i was way off.
I have no idea what it is now.

MidLifeCrisis · February 23, 2013 5:22AM

Most of the responders have urged you to buy the coin by any means necessary.

A year ago I would have said the same thing. Then I sold my collection and haven't bought a coin since. But over the past year I've seen many coins that I'd like to own.

This has taught me a few things.

There will always be other coins out there you will want.

Unless this is a truly rare coin (less than say 100 examples known) then you can find another one. But even if you can't, you can do without this coin. Life will go on.

There are other things in life more important than a coin.

So I suggest you only buy this coin if you can do so comfortably.

pocketpiececommems · February 23, 2013 7:03AM

Does this coin have a BIN?

MrEureka · February 23, 2013 7:20AM

There will always be other coins out there you will want.

Unless this is a truly rare coin (less than say 100 examples known) then you can find another one. But even if you can't, you can do without this coin. Life will go on.

There are other things in life more important than a coin.

So I suggest you only buy this coin if you can do so comfortably.

If the coin's not worth some discomfort, the coin's probably not worth buying even if you had the money.

MidLifeCrisis · February 23, 2013 7:44AM

<< If the coin's not worth some discomfort, the coin's probably not worth buying even if you had the money. >>

That's a ridiculous statement. A hobby should not cause discomfort.

I get the impression that most of those who encouraged the OP to buy the coin at all costs did so because they would buy it at all costs and they want the comfort of knowing they are not alone.

But for a dealer to encourage a collector to extend beyond his means to obtain a coin - any coin - is reprehensible.

bidask · February 23, 2013 7:57AM

<< There will always be other coins out there you will want.

Unless this is a truly rare coin (less than say 100 examples known) then you can find another one. But even if you can't, you can do without this coin. Life will go on.

There are other things in life more important than a coin.

So I suggest you only buy this coin if you can do so comfortably.

If the coin's not worth some discomfort, the coin's probably not worth buying even if you had the money. >>

I totally agree with you.....

MrEureka · February 23, 2013 7:59AM

But for a dealer to encourage a collector to extend beyond his means to obtain a coin - any coin - is reprehensible.

I suppose it comes down to how you define "means". For example, if you have to borrow money to buy a house, is it beyond your means?

MrEureka · February 23, 2013 8:04AM

You know, it's kinda funny. If someone tells you a story about how he bought some fabulous coin 50 years ago with his paper route money, and how it took him 3 months to pay it off at the local coin shop, and today he still has it and it's worth six figures, you marvel at his industry, tenacity and brilliance. But if an adult tells you that he doesn't have the money to buy his dream coin, you tell him to not even try.

Actually, not funny. Sad.

bidask · February 23, 2013 8:06AM

<< After 5-7 years of waiting/looking, the exact coin showed up on the Bay this morning but at the present time I do not have the funds to add it to my set.

Oh well...

>>

If you don't have the funds to add it to your set sell something else.....maybe some common coins and buy the coin!

Otherwise why spend the time to wait and look?!

bidask · February 23, 2013 8:15AM

<< Most of the responders have urged you to buy the coin by any means necessary.

A year ago I would have said the same thing. Then I sold my collection and haven't bought a coin since. But over the past year I've seen many coins that I'd like to own.

This has taught me a few things.

There will always be other coins out there you will want.

Unless this is a truly rare coin (less than say 100 examples known) then you can find another one. But even if you can't, you can do without this coin. Life will go on.

There are other things in life more important than a coin.

So I suggest you only buy this coin if you can do so comfortably. >>

Midlife, how many times are you going to post that you sold your entire collection and haven't bought a coin since? Sorry, but I am not inspired by whatever wisdom you think found.

Darwin · February 23, 2013 8:15AM

WELL WHAT IS IT? I got my popcorn ready...don't just leave us hanging like this.

MidLifeCrisis · February 23, 2013 8:16AM

Most adults have more responsibilities and expenses than a kid with a paper route.

So, of course it all depends on how you define your means.

If you're buying a house, you still should know how much house you can comfortably afford and consider your job security, how much savings you have, etc.

But the OP started this thread stating he didn't have the funds. That should be it...end of discussion...for the reasons I cited above.

Darwin · February 23, 2013 8:18AM

http://www.ebay.com/itm/GORGEOUS-TONE-1881S-PCGS-MS65-MORGAN-SILVER-DOLLAR-U-S-COIN-MS-65-1881-S-/350723821180?pt=Coins_US_Individual&hash=item51a8c4ce7c

Could it be her?

MidLifeCrisis · February 23, 2013 8:21AM

<< Midlife, how many times are you going to post that you sold your entire collection and haven't bought a coin since? Sorry, but I am not inspired by whatever wisdom you think found. >>

I'm going to post it as many times as I want to...and as many times as I think it may have some relevance to the point I'm making.

You think I should check with you first next time?

bidask · February 23, 2013 8:23AM

<< 

<< Midlife, how many times are you going to post that you sold your entire collection and haven't bought a coin since? Sorry, but I am not inspired by whatever wisdom you think found. >>

I'm going to post it as many times as I want to...and as many times as I think it may have some relevance to the point I'm making.

You think I should check with you first next time? >>

MrEureka · February 23, 2013 8:28AM

Midlife, how many times are you going to post that you sold your entire collection and haven't bought a coin since? Sorry, but I am not inspired by whatever wisdom you think found.

Me too. It's sort of like someone coming onto a boxing website and arguing that sweating should be avoided at all costs.

MidLifeCrisis · February 23, 2013 8:32AM

<< Midlife, how many times are you going to post that you sold your entire collection and haven't bought a coin since? Sorry, but I am not inspired by whatever wisdom you think found.

Me too. It's sort of like someone coming onto a boxing website and arguing that sweating should be avoided at all costs. >>

I get that you don't like me coming in and raining on the parade of posters telling the OP to buy a coin he didn't think he could afford.

But I don't care.

CoinRaritiesOnline · February 23, 2013 8:33AM

<< http://www.ebay.com/itm/GORGEOUS-TONE-1881S-PCGS-MS65-MORGAN-SILVER-DOLLAR-U-S-COIN-MS-65-1881-S-/350723821180?pt=Coins_US_Individual&hash=item51a8c4ce7c

Could it be her? >>

I think if the OP wanted to tell us which coin it is (and I can't think of any good reason why he should do that), he'll do so without any prompting.

SmEagle1795 · February 23, 2013 8:33AM

<< I suppose it comes down to how you define "means". For example, if you have to borrow money to buy a house, is it beyond your means? >>

+1 - A very valid viewpoint. I own my house and don't have any loans outstanding for anything (I've made a point of avoiding them so far in life), but with how cheap cash is today, I would be completely willing to take one out to buy the right coin if it became available. If you have job security and understand your income/expenses, I don't see a problem with paying a few extra percent on a coin (or something else) if you know you can pay it off in a pre-determined amount of time.

CoinRaritiesOnline · February 23, 2013 8:57AM

I think there are two important points to consider here:

1. The OP said he did not have the funds at the present time, not that he could not afford it. If the former, perhaps he could find a creative solution to acquire the coin that would not be painful at all.

2. My college dorm room had that Zoso thing painted on one wall, and it was so expertly done that the maintenance staff allowed us to leave it there despite the fact that it was a clear violation of the Stalineque rules they had governing room decorations.

MidLifeCrisis · February 23, 2013 9:05AM

<< I think there are two important points to consider here:

1. The OP said he did not have the funds at the present time, not that he could not afford it. If the former, perhaps he could find a creative solution to acquire the coin that would not be painful at all.

2. My college dorm room had that Zoso thing painted on one wall, and it was so expertly done that the maintenance staff allowed us to leave it there despite the fact that it was a clear violation of the Stalineque rules they had governing room decorations. >>

Exactly.

Wait...What?

LeeBone · March 2, 2013 9:48AM

for update

lcoopie · March 2, 2013 9:52AM

<< I think there are two important points to consider here:

1. The OP said he did not have the funds at the present time, not that he could not afford it. If the former, perhaps he could find a creative solution to acquire the coin that would not be painful at all.

2. My college dorm room had that Zoso thing painted on one wall, and it was so expertly done that the maintenance staff allowed us to leave it there despite the fact that it was a clear violation of the Stalineque rules they had governing room decorations. >>

I knew you were cool, but not that cool!

Rampage · March 2, 2013 10:00AM

Wonderful looking coin. Congratulations to you and the fellow forum members for adding it to your set. This world does have genuine kind folks afterall.

Finally Found the Coin I`ve Been Searchin` For!!!(UPDATE IN FIRST POST~~FINALLY)

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