Best Of
Re: The Decline of Coin Collecting
I think there is a lot of truth to it.
Depends on your income.
I collect silver dollars because it’s what I can afford. I am very happy with what I have but I believe I am in the majority.
Not many people are buying double eagles. If you have some and you’ve been collecting them for years you are fortunate.
I think the younger generation as a whole may also enjoy this hobby but I don’t see them as a majority buying rarities or gold. My son who is 31 just purchased a house for $550,000. He and his wife work hard and they do well but I don’t think he has money for a collection. Maybe when his house is paid off he will be able to. I’m proud of his accomplishments so far.
Morgan’s are still affordable but I have seen a spike in pricing lately.
Everything is going up. Does that mean incomes are also?
I hope my comments aren’t controversial. I just want to add to the conversation.
Morgan13
Re: The Decline of Coin Collecting
@cladking said:
Try finding nice chGem examples of the '59 and '60 10% Pesos! Go ahead see if you can find one. Try finding a nice clean 1963.
The fact that they don't list coins in chGem (MS-65+) is not indicative of being common or being worthless. It is principally indicative of their scarcity. These coins were mocked from the beginning in part because they were not well executed. Sure there might be some hordes out there but don't count on it and don't count on there being many Gems among whatever did survive.
The page says there's no silver value but refineries buy these for a dollar each when they have the need and capacity. There's lots of good copper even if the silver is lower quality and unevenly distributed.
Even the most humble coins can have scarcities and history. Most survivors are significantly worn. These coins circulated and have always had high attrition since 1965.
cladking
Re: Morgan for grading opinions
@pcgsregistrycollector said:
That is a counterfeit
I think so, too, but at least getting it checked out should provide peace of mind.
MFeld
Re: Morgan for grading opinions
@Donnn said:
This is my coin , which was picked up at a local coin shop out of a bin of about a hundred or two other hundred morgans all priced at fifty dollars. Approximately seventy percent of the obverse is black and by sulfur oxide. The reverse is hazy. In hand the silver oxide blackening obscured the detail that the photo brought out. It pings , but I don't have any other tools to test it otherwise. I'm relatively new to collecting.
Welcome to the forum.
You might want to check with a local coin shop or jeweler who has a scale that can provide an accurate measurement of the coin’s weight. That wouldn’t guarantee authenticity but it would go a long way.
MFeld
Re: 1983 Fleer Sandberg worth submitting?
Really a bummer the cost of grading makes this ineligible to have graded.
BBBrkrr
Re: just picked up a 1991 fleer larry bird psa 10
I think that the theory that 4SC is getting inflated grades due to their volume is unlikely.
- There is no evidence that graders know who's cards they're grading. Only evidence to the contrary.
- There would be difficulty in the process, and keeping it secret.
- The volume, while substantial, is still insignificant overall so the risk would outweigh the reward.
For a completely unsubstantiated theory it's a lot of promotion of nefarious activity. You can look at the buyback program for that...
bgr
Re: Grading tip added for a popular answer to “what do you think is the hardest coin to grade?”
Ditto re: Indian incuse gold.
However, I'm going to say broadly speaking, I'd like to be able to discern consistently what is wear vs strike weakness for various classic type coins. I know to look at the whole coin side where the strike weakness might be evident when comparing the stronger strike of other device elements, but nonetheless, I could use more experience in recognizing it and having the knowledge of what is common for a particular date.
Catbert
