Heritage early half cents sold today reveal major EAC market weakness

Zoins

@MFeld said:

@Zoins said:

@Dwight_M said:
The finest 1885 trade dollar ?

The Virgil Brand approach could be:

• 5 coins plus 5 1885 Trade Dollars
• 5 coins plus 5 1913 Barber Nickels
• 5 1885 Trade Dollars and 5 1913 Barber Nickels

It would be pretty amazing if a collector started collecting all the 1804 Class 1 dollars, 1885 trade dollars, or 1913 Barber nickels, or at least 2 or more at the same time.

Any pursuit of such issues would insure lack of completion and/or being held hostage, price-wise.

Just needing 2 or more would ensure collecting satisfaction, if not completion. In the old days, the top collectors held multiples of these top coins. Imagine going back to those days.

And regarding being held hostage price-wise, just buy anonymously, opportunistically, and over a long time horizon, just like Harvard University did buying up land in Allston for decades.

Dwight_M

I think colonel green had all the 1913 nickels ....
Buying all of the mintage is more hoarding than collecting . But with the mega wealth today I could see someone doing that

Zoins

@Dwight_M said:
I think colonel green had all the 1913 nickels ....
Buying all of the mintage is more hoarding than collecting . But with the mega wealth today I could see someone doing that

Yes, Ned Green had all five. All five were purchased by Eric Newman and Burdette Johnson, who broke them up for the first time.

If there's say less than 10 of something, I'm good with calling it collecting. After all, they would fit into a Box of 20 with a lot of room to spare.

To me, hoading is more indiscriminate buying and not enjoying each one, but to buy multiple 1913 Barber nickels or 1804 Class 1 dollars would take a deliberate effort and I can see enjoying each one as these coins have very individual characteristics.

MFeld

@Zoins said:

@Dwight_M said:
I think colonel green had all the 1913 nickels ....
Buying all of the mintage is more hoarding than collecting . But with the mega wealth today I could see someone doing that

Yes, Ned Green had all five. All five were purchased by Eric Newman and Burdette Johnson, who broke them up for the first time.

If there's say less than 10 of something, I'm good with calling it collecting. After all, they would fit into a Box of 20 with a lot of room to spare.

To me, hoading is more indiscriminate buying and not enjoying each one, but to buy multiple 1913 Barber nickels or 1804 Class 1 dollars would take a deliberate effort and I can see enjoying each one as these coins have very individual characteristics.

Whether a group of coins would fit into a box of 20 or a container holding any other number, has zero bearing on whether the coins constitute a collection.

Zoins

@MFeld said:

@Zoins said:

@Dwight_M said:
I think colonel green had all the 1913 nickels ....
Buying all of the mintage is more hoarding than collecting . But with the mega wealth today I could see someone doing that

Yes, Ned Green had all five. All five were purchased by Eric Newman and Burdette Johnson, who broke them up for the first time.

If there's say less than 10 of something, I'm good with calling it collecting. After all, they would fit into a Box of 20 with a lot of room to spare.

To me, hoading is more indiscriminate buying and not enjoying each one, but to buy multiple 1913 Barber nickels or 1804 Class 1 dollars would take a deliberate effort and I can see enjoying each one as these coins have very individual characteristics.

Whether a group of coins would fit into a box of 20 or a container holding any other number, has zero bearing on whether the coins constitute a collection.

Hence my follow on which discusses individual deliberation and enjoyment

Here's my take:

Whether a group of coins would fit into a box of 20 or a container holding any other number, has zero bearing on whether the coins constitute a hoard.

To me, quantity by itself does not indicate a hoard.

Catbert

Tweaking Mark. “Ensure”

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tradedollarnut

But what if you get enjoyment and happiness from your collection’s value increasing over time? Lol

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MFeld

@Catbert said:
Tweaking Mark. “Ensure”

Thanks and corrected.

JBatDavidLawrence

@MFeld said:

@Zoins said:

@Dwight_M said:
The finest 1885 trade dollar ?

The Virgil Brand approach could be:

• 5 coins plus 5 1885 Trade Dollars
• 5 coins plus 5 1913 Barber Nickels
• 5 1885 Trade Dollars and 5 1913 Barber Nickels

It would be pretty amazing if a collector started collecting all the 1804 Class 1 dollars, 1885 trade dollars, or 1913 Barber nickels, or at least 2 or more at the same time.

Any pursuit of such issues would (edited) ensure lack of completion and/or being held hostage, price-wise.

Been there...done that.