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What do you do with duplicate that you really like?

PedzolaPedzola Posts: 1,027 ✭✭✭✭✭
edited August 1, 2020 9:19AM in U.S. Coin Forum

Just upgraded the $10 Indian in my type set. The new coin is a 1926 MS65 replacing a 1911 MS64. Both CAC coins. The 1911 is in an OGH, has more depth of color to it, a better date, super nice coin. But I really wanted that MS65 coin for my type set, so I paid up for it.

But now what do I do with my 1911 now that it is an "orphan?"

I thought maybe I can put together a 4-coin 1911 date set all MS64 OGH CAC. (20,10,5,2.5 gold). But what is the probability that those other 3 coins even exist, let alone that I will be able to find and buy them all! Could vary one of the criteria to make it easier, maybe grade, or maybe year...

Or I could start collecting $10 Indians in general I guess. Sounds expensive.

Any other ideas or inspiration for me? Or should I just sell this one and focus on my core type set?


And for the curious, here is the coin I replaced it with:

Comments

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    I would strongly recommend selling the 1911 to me! :)

  • HighReliefHighRelief Posts: 3,674 ✭✭✭✭✭

    I would send it to PCGS and see if you could squeeze a plus out of it and then sell it if that is your intention.

  • pursuitoflibertypursuitofliberty Posts: 6,960 ✭✭✭✭✭

    I usually keep them ... long enough to enjoy as the "second". Eventually I'll sell, usually, especially when I want to raise money for something else. But I'm not quick about it. That's just me though.

    For example, and this is a different price level, which may make a difference, but at the time the purcahse was not entirely insignificant to me;

    I have a 1884 Nickel with fantastic toning I bought from @mgoodm3 off the BST 15 years ago (shortly after I first found this place). I have another 1884 that I had owned for 7 years prior to that. It has a different color, but is the same grade (both are PCGS 58's). Overall I decided the one I already owned is the finer coin, but the second might sell for more to most buyers because of the color. I still like, and own, both.


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • coinbufcoinbuf Posts: 11,370 ✭✭✭✭✭

    I would keep it, although if gold hits or exceeds 3K the thought of selling would certainly be attractive.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Dave99BDave99B Posts: 8,551 ✭✭✭✭✭

    If they are super duper nice, I keep the duplicates, especially if they are tougher date/mint marks. I see them as money in the bank. If they are not difficult dates, I eBay them off, and use the money for more upgrades.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    @DelawareDoons said:
    Keep it, why not?

    Wait, that Indian? Sell it to me. :D

    Exactly!

    Why the need to "do" anything other than just keep and enjoy?

    Trying to build new "context" around this one coin seems like a larger dilemma than either keeping or selling it.

    Liberty: Parent of Science & Industry

  • SmudgeSmudge Posts: 9,540 ✭✭✭✭✭

    The 1911 appears to have a deeper richer original look. May just be the photos, but one I would keep.

  • KoveKove Posts: 2,038 ✭✭✭✭

    CAC OGH $10 Indian with great orange gold color?!?

    No reason to sell a great coin like that. Ever. Keep it. Start another set with it.

  • BryceMBryceM Posts: 11,798 ✭✭✭✭✭

    In general I sell them, but I’d strongly reconsider selling that 1911. If you do think of selling it, maybe shoot me a PM. :)

  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭

    I keep mine.

    When in doubt, don't.
  • PedzolaPedzola Posts: 1,027 ✭✭✭✭✭
    edited August 1, 2020 10:08AM

    Thanks for all the replies... I love the coin and I am 95% in the "keep" camp. The question I was trying to pose in this thread is, if I keep it, what should I do with it?

    Maybe the answer is that there is no need for it to be the cornerstone for a new set. It is ok on its own!

    But like one poster stated above, everything has its price. Maybe eventually it ends up as trade bait for another upgrade.

    I still like the idea of having a set of 1911 gold in ogh cac, just seems like it would take a long time to find the others. Maybe I put up a wishlist on the bst.

  • coinbufcoinbuf Posts: 11,370 ✭✭✭✭✭

    You seem very focused on having a set or place for this coin, I get that I'm a set builder too. But I do have some coins that I own just because I like the coin and will never have a set for it. Some coins are just great to have, well just because.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    @Pedzola said:
    Thanks for all the replies... I love the coin and I am 95% in the "keep" camp. The question I was trying to pose in this thread is, if I keep it, what should I do with it?

    Maybe the answer is that there is no need for it to be the cornerstone for a new set. It is ok on its own!

    Put it in a box marked "nice coins I'm happy I own" in your SDB. If a set idea arises in the future, you can always build around that. Or you can always sell it later if you need to raise funds for some unrelated set or project. Not a coin that will be hard to move!

  • DCWDCW Posts: 7,391 ✭✭✭✭✭

    It is not really a duplicate, it is a completely different date. Just happens to be same type for your one set.

    I've run into problems buying and keeping duplicates of very rare tokens and medals. When I see something I already have but doesn't come around for years and years I can't help picking it up.
    It recently happened to me at the Stacks auction Thursday, where another rare Merriam piece was auctioned for just the second time in my years of looking.
    Had to have it, but do I keep it? Money isn't without end

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • ironmanl63ironmanl63 Posts: 1,973 ✭✭✭✭✭

    I have many coins that are not part of a particular set. If I find a coin I really like it does not have to go into a set for me to keep it. Most all of my coins are just coins that I really like for one reason or another. If you like the coin keep and enjoy it. Start a set that is just coins I really like.

  • chesterbchesterb Posts: 961 ✭✭✭✭✭

    If you're into a type set this won't be the first time you have this dilemma. I have plenty of duplicates, even of the same date and variety! I talk myself into an upgrade but the previous coin was nice too so I end up keeping it.

  • oih82w8oih82w8 Posts: 12,251 ✭✭✭✭✭

    I sell my duplicates.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • ShaunBC5ShaunBC5 Posts: 1,729 ✭✭✭✭✭

    I have a few exact duplicates (date/mint/grade, everything). It love both coins. Different toning, strike, holders. They are very cheap compared to yours, but not doing anything for me except making me happy. I’m a keeper.
    Maybe instead of trying to find something to do with it, enjoy it until you’re compelled by something you want/need more to tell you it needs to go.
    We’ve all got a hierarchy of things that could go in a pinch. Sit on this one and see where it falls.

  • ms70ms70 Posts: 13,954 ✭✭✭✭✭

    I have a separate box for duplicates that are too nice to get rid of. I keep them until I don't love them anymore.

    If it's a difficult to find variety I keep it.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • OldIndianNutKaseOldIndianNutKase Posts: 2,700 ✭✭✭✭✭

    I have a number of duplicates in my IHC PR collection. Some I Iike for the grade and some I like for the look. $10 Indians are some of the most elegant coins ever struck by the mint. There is nothing wrong with owning more than one.

    OINK

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    @chesterb said:
    If you're into a type set this won't be the first time you have this dilemma. I have plenty of duplicates, even of the same date and variety! I talk myself into an upgrade but the previous coin was nice too so I end up keeping it.

    That's exactly how I arrived at having 3 Dansco 7070 albums, A, B, & C..

    Liberty: Parent of Science & Industry

  • lkeigwinlkeigwin Posts: 16,892 ✭✭✭✭✭

    What do you do with duplicate that you really like?

    I try to keep it. But sometimes its sale is the only way to make the upgrade possible.

    Here's one I passed along. I loved it but had to move on.
    Lance.

  • thefinnthefinn Posts: 2,656 ✭✭✭✭✭

    Coins don't have to go in sets. That is Freudian.

    thefinn
  • airplanenutairplanenut Posts: 22,170 ✭✭✭✭✭

    I'm nominally a type collector, but I have plenty of duplicates where each coin brings something different to the table (I don't have multiple plain white Morgans, but I have numerous toned examples and a few that are white and frosty). If you want to have a specific set, that's fine--have the set. But no reason to get rid of a coin just because it doesn't fit in a specific set. As long as you can afford it, keep the coin just because you like it. That's reason enough.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • jayPemjayPem Posts: 4,081 ✭✭✭✭✭

    65 doesn't really seem like much of an upgrade, at least from pics.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I just keep my coins... and yes, some are duplicates. I purchased them because I liked them, or it was a good deal...and now they live with me. ;) One big, happy coin family....and a couple of humans and furry critters... :D Cheers, RickO

  • 2dueces2dueces Posts: 6,487 ✭✭✭✭✭

    When the need comes up for another Indian date is the time to consider selling. Both are beautiful coins. Congratulations

    W.C.Fields
    "I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
  • Tom147Tom147 Posts: 1,484 ✭✭✭✭✭

    Keep it I say. I have multiple duplicates. If I liked it to buy in the 1st place, I probably still like it.

  • BillJonesBillJones Posts: 34,056 ✭✭✭✭✭

    I usually sell my duplicates, but there are a few I have kept.

    When bought a 1913 Type I Buffalo Nickel in Matte Proof, I kept the Mint State piece I had. It is graded MS-64 and high end for the grade. Given the grade, I couldn't get much money for it, and it's kind of neat to have the Proof and the Unc. coin for comparison purposes.

    I also have two 1907 No Periods $10 gold pieces. My first one is in an NGC MS-61 holder. It is massively under graded and really needs to be cracked out. The upgrade piece is a PCGS MS-64 CAC which has better luster.
    I have a raw set of $2.50 Indians in Capital Plastics holder. Selling any of those because I have a couple of dates in certification holders makes not sense at all.

    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 ... ?
  • PerryHallPerryHall Posts: 46,238 ✭✭✭✭✭

    @BillJones said:

    I also have two 1907 No Periods $10 gold pieces.

    Did you mean No Motto?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
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  • BillJonesBillJones Posts: 34,056 ✭✭✭✭✭

    Yes, No Motto, but the Wire Rim and Rounded Rim 1907 varieties also have No Motto so that how the Red Book defines it.

    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 ... ?
  • BStrauss3BStrauss3 Posts: 3,458 ✭✭✭✭✭

    Keep it and create a new category.

    My 3CS collection is XF. But I bought a Newman pedigreed VF-35 coin. So I created a category for pedigreed coins. Instant promotion from the dups bucket to its own page.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • CatbertCatbert Posts: 7,226 ✭✭✭✭✭

    Both beautiful coins. I think the answer depends upon your budget for growing your collection. If $ are not presently an issue, I'd keep the coin.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • WalkerfanWalkerfan Posts: 9,356 ✭✭✭✭✭
    edited August 2, 2020 2:38PM

    I have kept certain duplicates that were really nice. Otherwise, I sell.

    I have two 1934 P Walkers and two 1937 P Walkers.

    Three are 66 and one is a 66+!!!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • ashelandasheland Posts: 23,231 ✭✭✭✭✭

    I'd keep it. >:)

  • alexercaalexerca Posts: 259 ✭✭✭

    Keep it if you like it! I have always regretted selli g coins that I have liked then sold!

  • messydeskmessydesk Posts: 20,007 ✭✭✭✭✭

    If you can afford to keep it, it plus the 1926 in 65 may give you much of what you need in the future to move up to a slightly less common date in 65, such as a 1911, or a 1932 in 66.

  • 1630Boston1630Boston Posts: 13,786 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Very simple.

    Why not price the coin to sell at a price that you would be very happy with.

    If it sells then you could put the proceeds into another coin.

    If it does not sell, well then, you will have a very cool coin to look at :)

    I totally agree with this logic. :)

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

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