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Something to argue about other than CAC

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  • COINS MAKE CENTSCOINS MAKE CENTS Posts: 1,861 ✭✭✭✭✭

    Whats CAC????? :D ? :D:D

    New inventory added daily at Coins Make Cents
    HAPPY COLLECTING


  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @Justacommeman said:

    @SimpleCollector said:
    So my answer was going to be that I am not really interested in them because they didn’t circulate. I get that they represent history and thE opportunity to learn about history, but still don’t get excited about them....

    But “riddle me this Batman” , why just before I typed this was I looking and getting interested in so called dollars? Don’t want to hijack the thread, but do so-called dollars get more attention than commem’s because the are exonumia and for a few niche players? Or do commem’s still get more attention By being more popular than so-called dollars but less than most other coins?

    So I guess I would say that for me, for some unknown reason, I can see myself collecting so-called dollars, but never see myself collecting the silver commem’s.

    When you collect what speaks to you then you are on the right path

    mark

    ........Pai-mei. o:)

  • Elcontador1Elcontador1 Posts: 101 ✭✭✭

    They are all very different so it takes a long time to learn how to grade them. Contrast this with a large group of late 19th and early 20th century coins from British Commonwealth countries that I sold for a friend. Initially, I knew nothing about them. But they all had the British Sovereign on the obverse (with the exception of pennies and half pennies), so it didn't take long to notice high points and wear patterns. The reverses typically didn't have much detail, so it wasn't hard to discern high points and wear patterns on them, either. AUs had some luster and wear on high points. i could discern the few Uncs I saw because I knew what to look for.

    But every Commem is different, and typically has quite a bit of detail on both obverse and reverse. For me, it's too much work to bother.

  • BryceMBryceM Posts: 11,856 ✭✭✭✭✭

    There’s this company that will grade them for you..........

    ;)

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    @topstuf said:

    @Justacommeman said:

    @SimpleCollector said:
    So my answer was going to be that I am not really interested in them because they didn’t circulate. I get that they represent history and thE opportunity to learn about history, but still don’t get excited about them....

    But “riddle me this Batman” , why just before I typed this was I looking and getting interested in so called dollars? Don’t want to hijack the thread, but do so-called dollars get more attention than commem’s because the are exonumia and for a few niche players? Or do commem’s still get more attention By being more popular than so-called dollars but less than most other coins?

    So I guess I would say that for me, for some unknown reason, I can see myself collecting so-called dollars, but never see myself collecting the silver commem’s.

    When you collect what speaks to you then you are on the right path

    mark

    ........Pai-mei. o:)

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • jmlanzafjmlanzaf Posts: 36,498 ✭✭✭✭✭

    @BryceM said:
    There’s this company that will grade them for you..........

    >

    You could also just buy one you like at a price you could live with and not worry about the grade.

    Remember when it was just a hobby...

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @jmlanzaf ... I like that Albany commem.... I did collect commemoratives for a while... one from each state I lived/worked in...(one state did not have a commem, had to substitute a token)....Might look at upgrading some of them at today's prices. Cheers, RickO

  • BillJonesBillJones Posts: 34,791 ✭✭✭✭✭

    I have a complete type set of the “old” commemorative coins, and I kept up with the modern commemorative coins for a long time. I don’t do it any more. Why?

    • With the “old” commemoratives there were too many date and mint mark combinations that met nothing. They were made to sell, period.
    • There are too many coins that are looking for something to commemorate. This was true of the “old” series and continues to be true with the new series. Commemorate events that mean something. Don’t just issue new coins to fill a quota. They have been made to sell, period.
    • Too many less than inspiring designs.
    • High premiums built into the issue price of modern commemoratives make them economic losers. I know it’s a hobby, but you get tired of getting kicked in the gut financially every time you buy a coin. This is especially true if you don’t care for the organization that is getting the money. If you really want the coin, wait and buy it a few years later in the secondary market. You will save money most of the time.
    • Sometimes the mint as played games with “limited editions” that unfairly distributed the coins to big dealers who got to control the market.

    I have enjoyed the commemorative series, but it has been plagued with too many coins that should never have been issued.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • jmlanzafjmlanzaf Posts: 36,498 ✭✭✭✭✭

    @BillJones said:
    I have a complete type set of the “old” commemorative coins, and I kept up with the modern commemorative coins for a long time. I don’t do it any more. Why?

    • With the “old” commemoratives there were too many date and mint mark combinations that met nothing. They were made to sell, period.
    • There are too many coins that are looking for something to commemorate. This was true of the “old” series and continues to be true with the new series. Commemorate events that mean something. Don’t just issue new coins to fill a quota. They have been made to sell, period.
    • Too many less than inspiring designs.
    • High premiums built into the issue price of modern commemoratives make them economic losers. I know it’s a hobby, but you get tired of getting kicked in the gut financially every time you buy a coin. This is especially true if you don’t care for the organization that is getting the money. If you really want the coin, wait and buy it a few years later in the secondary market. You will save money most of the time.
    • Sometimes the mint as played games with “limited editions” that unfairly distributed the coins to big dealers who got to control the market.

    I have enjoyed the commemorative series, but it has been plagued with too many coins that should never have been issued.

    You can avoid the date/mm prolem on the old series by just collecting the short series. No need to collect any coin by date/mm.

  • BillJonesBillJones Posts: 34,791 ✭✭✭✭✭

    You can avoid the date/mm prolem on the old series by just collecting the short series. No need to collect any coin by date/mm.

    That is what the 50 piece type set is.

    As for the gold, there only two overlap coins, the Lewis and Clark and 1916-7 McKinley gold dollars. If you going to spend that kind of money, you may as well go for the 11 piece set.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BillJonesBillJones Posts: 34,791 ✭✭✭✭✭
    edited July 11, 2020 6:37AM

    One more point.

    If you got caught up in the 1988-9 "old commemorative" promotion where prices were at all-time highs, and got burnt really badly, chances are you are not coming back. Thank goodness I avoided that almost completely. The only spot where I really got nailed was that I bought an Antietam for $800 that used be $1,600 that is now $460.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    YOU MUST COLLECT THEM ALL!
    NONE OF THIS JUST THE ONES YOU LIKE!!
    COMPLETE SETS ONLY....JUST LIKE LARGE CENTS!
    HARRUMPH !

  • jmlanzafjmlanzaf Posts: 36,498 ✭✭✭✭✭

    @topstuf said:
    YOU MUST COLLECT THEM ALL!
    NONE OF THIS JUST THE ONES YOU LIKE!!
    COMPLETE SETS ONLY....JUST LIKE LARGE CENTS!
    HARRUMPH !

    You don't need to collect complete sets of large cents either. You can just collect a type set. Some people only specialize in one Type.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    If not us, who will save the commem market?

    .........Neville Chamberlain

  • bidaskbidask Posts: 14,028 ✭✭✭✭✭

    Some of these could be pocket pieces

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @BillJones said:
    One more point.

    If you got caught up in the 1988-9 "old commemorative" promotion where prices were at all-time highs, and got burnt really badly, chances are you are not coming back. Thank goodness I avoided that almost completely. The only spot where I really got nailed was that I bought an Antietam for $800 that used be $1,600 that is now $460.

    Please provide a reference to an Antietam at $460.
    Thank you
    ;)

  • BillJonesBillJones Posts: 34,791 ✭✭✭✭✭

    Please provide a reference to an Antietam at $460.

    Thank you
    ;)

    It's what the Grey Sheet says one is worth in MS-65. The piece I have is an MS-65 for sure, but since it's in an NGC holder, some people here will not agree.


    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • winestevenwinesteven Posts: 4,924 ✭✭✭✭✭
    edited July 11, 2020 9:44AM

    @topstuf said:

    @BillJones said:
    One more point.

    If you got caught up in the 1988-9 "old commemorative" promotion where prices were at all-time highs, and got burnt really badly, chances are you are not coming back. Thank goodness I avoided that almost completely. The only spot where I really got nailed was that I bought an Antietam for $800 that used be $1,600 that is now $460.

    Please provide a reference to an Antietam at $460.
    Thank you
    ;)

    Not that Bill needs any help, but it's possible (see #4 below):
    1. The PCGS Price Guide shows it's highest value EVER for MS63 at only $750, and for MS64 the highest value EVER was only $1,125. so apparently Bill is referring to MS65.
    2. There are currently two available on eBay at MS65 by PCGS for $643-675. Completed sales show one at $500.
    3. Collectorscorner.com currently has many available, ranging in price from $575 - $685.
    4. PCGS Auction Prices do indeed show a few sales for MS65 in the price range that Bill described,

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    I agree with the "not real money" argument. I find them to be an attractive series, and in many ways more interesting than circulating coins. But for some reason in my mind they belong in a different bucket of collectibles than circulating coinage.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @savitale said:
    I agree with the "not real money" argument. I find them to be an attractive series, and in many ways more interesting than circulating coins. But for some reason in my mind they belong in a different bucket of collectibles than circulating coinage.

    Oh gosh. Then they are uncollectable. :D

  • jmlanzafjmlanzaf Posts: 36,498 ✭✭✭✭✭

    @savitale said:
    I agree with the "not real money" argument. I find them to be an attractive series, and in many ways more interesting than circulating coins. But for some reason in my mind they belong in a different bucket of collectibles than circulating coinage.

    Interestingly, these SILVER coins are not real money but a clad Kennedy half is...or was. I guess Kennedy's don't count anymore either since they aren't minted for circulation.

  • stockdude_stockdude_ Posts: 504 ✭✭✭

    @BillJones said:

    Please provide a reference to an Antietam at $460.

    Thank you
    ;)

    It's what the Grey Sheet says one is worth in MS-65. The piece I have is an MS-65 for sure, but since it's in an NGC holder, some people here will not agree.


    That Antietam has a great strike ! Nice coin

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