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Would you buy a coin with this damage for a type set?

Been looking at Bust dollars lately for my type set and came across this one with some meat on the bones, but damage to the observe(punch holes) and reverse(scratches).

https://www.ebay.com/itm/124882893805?hash=item1d1399bbed:g:k3wAAOSw5JphMZRR

For a type set, would you purchase a coin with this much damage? or in general for your collection? Curios to hear others thoughts.

Comments

  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    I wouldnt

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • braddickbraddick Posts: 24,241 ✭✭✭✭✭

    Yes, yet at a slightly less discounted price.

    peacockcoins

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    edited October 2, 2021 2:48PM

    'fraid not.

  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭

    Depends on whether it bothers you

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    No.

  • 291fifth291fifth Posts: 24,461 ✭✭✭✭✭

    Ugh! I'd rather leave the space blank than spend that kind of money on a coin like that.

    All glory is fleeting.
  • CoinHoarderCoinHoarder Posts: 2,612 ✭✭✭✭✭

    Absolutely NOT.

  • CrackoutCrackout Posts: 1,372 ✭✭✭✭✭

    I would't. Can you imagine trying to sell that later? I'd wait for an undamaged piece that will probably hold its value better and be more liquid when the time comes to sell.

  • Steven59Steven59 Posts: 9,078 ✭✭✭✭✭

    Probably not - I'd save up for a no problem G4 or better

    "When they can't find anything wrong with you, they create it!"

  • CameonutCameonut Posts: 7,314 ✭✭✭✭✭

    No

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • vulcanizevulcanize Posts: 1,408 ✭✭✭✭✭

    Am guilty of having gone that route for a seated liberty dollar (holed and plugged) to fill the hole in my Danco 7070 type set because of the ultra cheap price and even though I don't regret it, felt that a bit more of patience from my end could have snagged a way better deal.

    Just saying ;)

  • No HeadlightsNo Headlights Posts: 2,072 ✭✭✭✭✭

    Nope. It will be a very tough sale someday.

  • MarkKelleyMarkKelley Posts: 1,912 ✭✭✭✭✭
    edited October 2, 2021 4:10PM

    To each his own but I wouldn't. You can get a nice AG-3 coin for that money.

  • CatbertCatbert Posts: 7,378 ✭✭✭✭✭

    No. I would save my money and accumulate enough to buy a coin that is unmolested. I know deferring gratification is hard. If I couldn't do that, I'd fill a different type slot.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    No.

  • rkprkp Posts: 444 ✭✭✭

    nope.

  • Cougar1978Cougar1978 Posts: 8,472 ✭✭✭✭✭

    No

    Coins & Currency
  • hummingbird_coinshummingbird_coins Posts: 1,228 ✭✭✭✭✭

    @braddick said:
    Yes, yet at a slightly less discounted price.

    You mean at a slightly more discounted price?

    Young Numismatist • My Toned Coins
    Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled

  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    I'd rather have the hole remain empty than spend a lot of money on something like that.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • tincuptincup Posts: 5,240 ✭✭✭✭✭

    Pretty rough. But there is a price for everything... for me, not worth that price.

    ----- kj
  • bronzematbronzemat Posts: 2,646 ✭✭✭✭✭

    I can tolerate probably coins, but that's a bit much for my tolerance. So no.

  • ZoinsZoins Posts: 34,376 ✭✭✭✭✭
    edited October 2, 2021 8:06PM

    I wouldn’t. If it’s a budget question, you can get problem coins with much less distraction. A light scratch or cleaning can be much more attractive than this one in my opinion.

  • braddickbraddick Posts: 24,241 ✭✭✭✭✭

    @hummingbird_coins said:

    @braddick said:
    Yes, yet at a slightly less discounted price.

    You mean at a slightly more discounted price?

    Yes! Thank you.

    peacockcoins

  • Steven59Steven59 Posts: 9,078 ✭✭✭✭✭

    @braddick said:

    @hummingbird_coins said:

    @braddick said:
    Yes, yet at a slightly less discounted price.

    You mean at a slightly more discounted price?

    Yes! Thank you.]

    So how much would that be - I hate when I'm hanging for the end of the story. (No offense - I just hate hanging)

    "When they can't find anything wrong with you, they create it!"

  • PerryHallPerryHall Posts: 46,437 ✭✭✭✭✭

    No. It would be too painful to even look at.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Namvet69Namvet69 Posts: 9,111 ✭✭✭✭✭

    I think you can do better. The damage is not good. IMO. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • mr1931Smr1931S Posts: 6,268 ✭✭✭✭✭

    No.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • BillJonesBillJones Posts: 34,359 ✭✭✭✭✭

    No. That might be the worst early dollar I have ever seen. Plus the pictures are awful, which be a ruse to sell a counterfeit. Run away, don’t walk.

    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 ... ?
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The short answer is NO!... However, if the price were $9.50... Well, maybe....Cheers, RickO

  • PerryHallPerryHall Posts: 46,437 ✭✭✭✭✭

    @ricko said:
    The short answer is NO!... However, if the price were $9.50... Well, maybe....Cheers, RickO

    Good point. Any rare coin has some value no matter how hideous it may look. I'm not as cheap as ricko so I'd pay at least twice what ricko is offering. ;)

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @PerryHall ... You sniped me..... :D With a nuclear bid.... ;) Cheers, RickO

  • MFeldMFeld Posts: 14,028 ✭✭✭✭✭

    When searching for a coin for a type set (as opposed to a date set), you typically have a great many options. So why not take your time and purchase a nice example at whatever grade you decide upon. I believe that if you acquire coins just because they’re cheap, you’ll almost certainly end up with a lousy collection.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    I know it can be tempting to fill a hole with a “hole filler” if that’s what you can manage right now. I don’t know where you are in life’s journey but if at all possible I would wait. You will save money getting a nice, problem-free coin down the road.

  • Downtown1974Downtown1974 Posts: 6,876 ✭✭✭✭✭

    For a high dollar hole filler, I could live with a cleaned coin with nice eye appeal to take the spot until I’m ready to upgrade. That coin is just too far gone with those punch marks.

  • KeshequaKeshequa Posts: 109 ✭✭✭

    Rule of thumb: if you hesitate and question in order to make a decision, then you will always question. Pass.

    Buying and Selling coins for 54 years, 700+ shows in last 20 years, and boy am I tired.
    Purchased and Trademarked the Mohawk Valley Hoard
    Originated the Rochester (NY) Area Coin Expo

  • HalfDimeDudeHalfDimeDude Posts: 1,206 ✭✭✭✭✭
    edited October 3, 2021 5:44AM

    Your particular specimen no I personally wouldn't. However I have purchased detailed coins more so these days than most of my early 50 years of collecting.
    In fact I was asked by the President of Coneca to pen an article published in the Error scope Magazine on this subject.
    I have and will buy a detailed specimen depending on how it was detailed,and how rare.
    My write up begins like most collectors, sites set on grades ,quality, and learning how to read a coin surfaces. Or trust a tpg to assure you that your specimen is genuine.
    Depending on the series or varieties you collect most probably unless you have very deep pockets you will be at a cross road like you are at present.
    So one needs to decide what road to take! The answer lays within yourself! Not the opinions of others....as you can only please yourself! You'll never please the opinions! Perhasp some but not all!
    I personally pick and choose any detailed coins, but you see i collect half dimes where the mintages are in the ten and 20 thousand not hundreds of thousands or millions.
    So one must 1st be happy with their choice...after all its your collection. One can always try to wait out a specimen that is very rare.....but sometimes it only happens once in a lifetime.
    So that said is my 2 cents.... and no to the specimen you asked about as the damage is in a dead center focal point. That would be very difficult excepting what your eye sees at first glance.
    Lastly here's an opportunity I didn't pass...yes detailed....yes one of less than 20 known! This is the highest graded either detailed or straight grade.

    An opportunity came about that I could aquire the above specimen and since I also collect 3 cent pieces, I knew that if I wanted this variety in my collection this was the chance.

    "That's why I wander and follow La Vie Dansante"

  • JWPJWP Posts: 23,935 ✭✭✭✭✭

    Yes I would buy it. I collect coins with holes, especially coins from the 1800's

    USN & USAF retired 1971-1993
    Successful Transactions with more than 100 Members

  • braddickbraddick Posts: 24,241 ✭✭✭✭✭

    To me, it is a $700. Bust dollar. It can be partially restored- although I wouldn't recommend it. My guess is it looks a bit better in person than the washed-out photos reveal.
    With all that stated, I'd rather have a hard dove gray smooth toned problem-free AG for about the same money.

    peacockcoins

  • WAYNEASWAYNEAS Posts: 6,891 ✭✭✭✭✭

    Joining the no team.
    Wayne

    Kennedys are my quest...

  • ShaunBC5ShaunBC5 Posts: 1,745 ✭✭✭✭✭

    I’m not ready to drop a grand on a coin that damaged. Also, I don’t like the look of that particular one. There are problems I could live with on a coin that old and expensive, for sure, but that one wouldn’t be the one for me.

  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    In short, No... and here's why... I'm looking at 18th C type too and I already know I'm going to have to make some concessions because of cost. For me, every time I look at the piece, I'd be looking at the damage and not the details of the coin which is why I'd opt for a coin with less obvious problems. Also, at nearly $1000, you're probably about halfway to a no problem AG3 or G4 piece... bottom line for me is that the problems never go away, and will be the overriding issue when you go to sell...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

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  • rec78rec78 Posts: 5,753 ✭✭✭✭✭

    For my type set - no, however, if I was putting together a type set with all the coins in the same beat up condition then yes. The price needs to lowered quite a bit thou.
    I am not the collector that puts low grade coins in my album and hope to upgrade later, I go for the right coin the first time. If the right coin does not come along for the set, the hole stays empty until it does.

    image
  • ashelandasheland Posts: 23,427 ✭✭✭✭✭

    Problem free and totally original for me, even if that means a lower grade or more common of a date.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    Hard pass

  • joeykoinsjoeykoins Posts: 16,662 ✭✭✭✭✭
    edited October 3, 2021 2:52PM

    Yes, tough choices come frequently in this Hobby of Kings! Mentioned earlier, someone stated, "to each his own". If one has the deep pockets to please their desire in filling a hole or just wanting any particular coin/s. Money will not be an object. The true coin collectors don't really focus on the monetary aspect of their personal collections. It's just the physical and visual part. This is what satisfies a true coin collector. At least this is the way I see it? I too, have purposely purchased or submitted a few "problem coins". Once again, just for my personal gratification. I will most probably never sell any of my slabbed problem coins. These are for me and me alone. Maybe, this is the perspective the OP was thinking when he purchased his little special gem?
    Very awesome coin, despite the designation. <3;)
    Two of my "problem coins".



    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭
    edited October 3, 2021 3:10PM

    @lkenefic said:
    " In short, No... and here's why. For me, every time I look at the piece, I'd be looking at the damage and not the details of the coin which is why I'd opt for a coin with less obvious problems..."

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    I never thought that growing old would happen so fast.
    - Jim
  • goldengolden Posts: 9,857 ✭✭✭✭✭

    Extremely hard pass. You will always see the damage, you will always see the damage, you will always see the damage. Save your money and buy an undamaged , even if very low grade ,coin that you would be proud to show.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    If I was determined to complete the set and that's the best coin my budget would permit, then yes.

  • BochimanBochiman Posts: 25,477 ✭✭✭✭✭

    That particular coin? NO!
    It would never bring me joy. No smile to my face when looking at it.

    A coin deemed as cleaned/damaged? Maybe. If it still looked good to the naked eye, wasn't distracting, etc, then, yes, yes I could.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • slider23slider23 Posts: 658 ✭✭✭✭

    No

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