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30 down and 14 to go. Finally decided my next set venture and it's not a Barber!

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  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited July 5, 2022 5:18PM

    @No Headlights said:
    Congrats on joining the CAC crowd Darrell. Nice coin.
    Jim

    LOL! Wish it didn't have the damn mark up sticker on it!

    Edit...the sticker had no influence on what I was willing to pay!

  • bennybravobennybravo Posts: 1,950 ✭✭✭

    Fantastic looking coin!

  • kazkaz Posts: 9,227 ✭✭✭✭✭

    Congrats on getting a tough date for the set.!

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @No Headlights said:
    You sad little man. They do come off if it's too much for you! :)

    I was known as super twig when I was young! Put many a men twice my size to shame! B)

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    Amazing how many 1860p dollars just surfaced all at once. Heritage had 17 and a few more spread out amongst other outfits. Someone released a hoard. Not just this date. Heritage alone had a massive hoard of originalish better date SLDs. That never happens. You were smart to jump on the 60p and even smarter if you jumped on some of the other toughies they had. Congrats

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty said:
    Amazing how many 1860p dollars just surfaced all at once. Heritage had 17 and a few more spread out amongst other outfits. Someone released a hoard. Not just this date. Heritage alone had a massive hoard of originalish better date SLDs. That never happens. You were smart to jump on the 60p and even smarter if you jumped on some of the other toughies they had. Congrats

    I only bought 2 out of this session. I don't know how closely you looked at the coins. The 1860 was the only coin I needed that was what I considered all there. Most of the others had issues. I really loved the look of the 1857 in 45 but I just couldn't get past the 1/2 a dozen of more punch marks on the reverse....same for the 1862. There were several in the sale that IMHO had minor repairs and they were graded problem-free. Mainly there were some which appeared to have areas in the fields smoothed.

    I'll post the next one tomorrow!

  • WalkerfanWalkerfan Posts: 9,555 ✭✭✭✭✭

    Congrats!! You're moving at warp speed.

    You'll likely be done in time for Christmas. :D

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

    My Full Walker Registry Set (1916-1947):

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

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @amwldcoin - I didn’t view any of them in hand. I used the term "originalish" to describe coins like these. They are better then most. And some of them hardly ever appear with any semblance of originality. I assumed there was a reason hardly any of them were CACd. But CAC aside these coins were better then average…Especially the war dates and the reconstruction era coins. They are very tough much tougher then they are given credit for. Perhaps they were to low of a grade for your collection. But I really enjoyed seeing them all. Heck almost bid on the CAC low balls. Passing on that 57$ was a decision that will likely mean a long wait time before a nicer one comes around. I agree she was not perfect but compared to most she was a rockstar! That 1856 $ pcgs AU50 was another one that was tempting.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty said:
    @amwldcoin - I didn’t view any of them in hand. I used the term "originalish" to describe coins like these. They are better then most. And some of them hardly ever appear with any semblance of originality. I assumed there was a reason hardly any of them were CACd. But CAC aside these coins were better then average…Especially the war dates and the reconstruction era coins. They are very tough much tougher then they are given credit for. Perhaps they were to low of a grade for your collection. But I really enjoyed seeing them all. Heck almost bid on the CAC low balls. Passing on that 57$ was a decision that will likely mean a long wait time before a nicer one comes around. I agree she was not perfect but compared to most she was a rockstar! That 1856 $ pcgs AU50 was another one that was tempting.

    I did think about that 56 to replace the one I have. Decided to keep my war chest loaded for some upcoming possibilities!

  • HoledandCreativeHoledandCreative Posts: 2,811 ✭✭✭✭✭

    Nice coin.

  • willywilly Posts: 345 ✭✭✭✭✭

    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @willy said:
    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

    Thanks! I've been meaning to look and see if anyone bought the 70-S last night! I'm thinking the 70-S in the registry should be treated like the 1913 nickel or the 1894-S dime.

  • No HeadlightsNo Headlights Posts: 2,083 ✭✭✭✭✭

    @amwldcoin said:

    @willy said:
    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

    Thanks! I've been meaning to look and see if anyone bought the 70-S last night! I'm thinking the 70-S in the registry should be treated like the 1913 nickel or the 1894-S dime.

    70-S was $141,000. Might be ten years before another one comes along. Very tough coin. Congrats on snagging a 61 Darrell.

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    Both of your latest purchases are extremely tough dates to find nice. A whole lot more tough dates to come!

  • lilolmelilolme Posts: 2,774 ✭✭✭✭✭

    @amwldcoin said:

    @willy said:
    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

    Thanks! I've been meaning to look and see if anyone bought the 70-S last night! I'm thinking the 70-S in the registry should be treated like the 1913 nickel or the 1894-S dime.

    Here is the link to the 70 S. I believe it only got 2 or 3 bids. Using the LA 60% of minimum estimate for opening bid, that would have been 105K. It sold for 120K hammer or 141K all in.

    https://legendauctions.hibid.com/lot/125516756/-1-1870-s--pcgs--genuine?cpage=6

    https://youtube.com/watch?v=Yq4KA0mUnC8 - Dream On (Aerosmith cover) via Morgan James & Postmodern Jukebox

    https://youtube.com/watch?v=m3lF2qEA2cw - Creep (Radiohead cover) via Haley Reinhart & Postmodern Jukebox

    RLJ 1958 - 2023

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @lilolme said:

    @amwldcoin said:

    @willy said:
    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

    Thanks! I've been meaning to look and see if anyone bought the 70-S last night! I'm thinking the 70-S in the registry should be treated like the 1913 nickel or the 1894-S dime.

    Here is the link to the 70 S. I believe it only got 2 or 3 bids. Using the LA 60% of minimum estimate for opening bid, that would have been 105K. It sold for 120K hammer or 141K all in.

    https://legendauctions.hibid.com/lot/125516756/-1-1870-s--pcgs--genuine?cpage=6

    The opening bid was 115K!

  • lilolmelilolme Posts: 2,774 ✭✭✭✭✭

    @amwldcoin said:

    @lilolme said:

    @amwldcoin said:

    @willy said:
    A couple of nice Seated dollars sold last night in Legends Auction. All higher graded items and priced as such. I was trying to pickup one for my Type set. No luck. Your set is coming together nicely and quickly. Better figure out your next set.

    Thanks! I've been meaning to look and see if anyone bought the 70-S last night! I'm thinking the 70-S in the registry should be treated like the 1913 nickel or the 1894-S dime.

    Here is the link to the 70 S. I believe it only got 2 or 3 bids. Using the LA 60% of minimum estimate for opening bid, that would have been 105K. It sold for 120K hammer or 141K all in.

    https://legendauctions.hibid.com/lot/125516756/-1-1870-s--pcgs--genuine?cpage=6

    The opening bid was 115K!

    Sounds right, only two bids.
    (LA bumped the opening bid a little over their normal 60% of min. est. - maybe a small reserve)

    https://youtube.com/watch?v=Yq4KA0mUnC8 - Dream On (Aerosmith cover) via Morgan James & Postmodern Jukebox

    https://youtube.com/watch?v=m3lF2qEA2cw - Creep (Radiohead cover) via Haley Reinhart & Postmodern Jukebox

    RLJ 1958 - 2023

  • HoledandCreativeHoledandCreative Posts: 2,811 ✭✭✭✭✭

    Is there a picture of it before it was "repaired"?

  • HoledandCreativeHoledandCreative Posts: 2,811 ✭✭✭✭✭

    Good looking coin, Darrell.

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    68 looks nice.

  • Inspired70Inspired70 Posts: 606 ✭✭✭✭✭

    @amwldcoin said:
    :o Another white coin. For those wondering, I don’t mind owning duplicates. Here’s a toned one added in addition to the other white one I have.




    Darrell, your set is coming along at light speed. Fun watching you make this journey.

    Hard to believe there are two seated dollar aficionados both with the same name spelled the same way and chasing seated dollars like crazy!

  • DisneyFanDisneyFan Posts: 2,294 ✭✭✭✭✭

    @Crusty said:

    If you were to submit them all as a collector it would not cost you much. But if you get lucky and get a few green beans you will certainly enjoy a great return on that small cost sending them to CAC. Also if you do send to CAC and get a sticker or two out of the 15 coins you would be on par with most other SLD collections that are submitted. Very few SLDs get stickered.

    Don’t take these comments as a knock. I own coins that have CAC approval and ones that failed. The ones that failed… I believe are better then most (same as yours) but still they are not worthy of the bean. I still love them but it is what it is..

    While SLDs are out of my league, I do share your feelings about CAC. My only "concern" is I believe the percentage of coins the CAC feels are "A" and "B" coins is much smaller than is suggested. You must feel the same way. What percentage of SLDs do you feel are "A" and "B" coins - 10%?

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @DisneyFan - 10% is probably close to accurate… Might be less? It’s really incredible how crappy this series comes. The CAC population gives a good idea of what’s out there. If you take away the 10 most common dates from the CAC pop you really get a sense of how rare these coins are.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty @DisneyFan While I do agree, there are not many CAC Seated Dollars, my experience so far has been, nice coins without CAC bring the same price as CAC coins at auction. In fact, so far, I've paid more above Price Guide for non CAC coins than CAC coins so far. I guess this could be attributed to most who pursue Seated Dollars are a wee bit more advanced and knowledgeable than say a typical Morgan Dollar collector.

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @amwldcoin said:
    @Crusty @DisneyFan While I do agree, there are not many CAC Seated Dollars, my experience so far has been, nice coins without CAC bring the same price as CAC coins at auction. In fact, so far, I've paid more above Price Guide for non CAC coins than CAC coins so far. I guess this could be attributed to most who pursue Seated Dollars are a wee bit more advanced and knowledgeable than say a typical Morgan Dollar collector.

    @amwldcoin - Could you give me some examples of the non CAC coins bringing more money then CAC coins. This goes against what I believe to be true. Put a CAC coin and a non cac coin in the same grade and same auction at the same time and I’d bet it’s very rare a non cac outperforms a CAC coin. I usually advise people that don’t buy CAC coins to only pay up for the rarer dates. The spread may be a little thinner on rare dates only because depending on the grade range someone is collecting. There may just be 1 or two examples with CAC or in some cases no CACs exist at all! So people building CAC sets tend to make exceptions and go after the best they can find even if it was rejected by CAC.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty said:

    @amwldcoin said:
    @Crusty @DisneyFan While I do agree, there are not many CAC Seated Dollars, my experience so far has been, nice coins without CAC bring the same price as CAC coins at auction. In fact, so far, I've paid more above Price Guide for non CAC coins than CAC coins so far. I guess this could be attributed to most who pursue Seated Dollars are a wee bit more advanced and knowledgeable than say a typical Morgan Dollar collector.

    @amwldcoin - Could you give me some examples of the non CAC coins bringing more money then CAC coins. This goes against what I believe to be true. Put a CAC coin and a non cac coin in the same grade and same auction at the same time and I’d bet it’s very rare a non cac outperforms a CAC coin. I usually advise people that don’t buy CAC coins to only pay up for the rarer dates. The spread may be a little thinner on rare dates only because depending on the grade range someone is collecting. There may just be 1 or two examples with CAC or in some cases no CACs exist at all! So people building CAC sets tend to make exceptions and go after the best they can find even if it was rejected by CAC.

    I paid a pretty hefty price for that 1860! No CAC on it and I wouldn't think a CAC coin would bring more.

    I also passed on this CAC 1860 because of the Reverse rim bump. Do you think it's worthy of a bean? I would wager greater than 50% of my Barber customers will pass on a coin with even a very minor rim nick!
    https://coins.ha.com/itm/seated-dollars/1860-1-xf40-pcgs-cac-pcgs-population-21-182-ngc-census-4-113-cdn-700-whsle-bid-for-ngc-pcgs-xf40-mintage-217/a/132230-27368.s?ic2=mytracked-lotspage-lotlinks-12202013&tab=MyTrackedLots-101116

  • Inspired70Inspired70 Posts: 606 ✭✭✭✭✭

    My experience over the years has been consistent with @Crusty where CAC seated dollars almost always come at a premium to non-CAC seated dollars. The premium can often be fairly significant given the number of seated dollar collectors at various quality levels is typically thin.

    I would also say the percentage of CAC seated dollars is a little higher than 10% in my experience. Not by a lot, but something more in the 15-20% range.

  • CatbertCatbert Posts: 7,429 ✭✭✭✭✭

    Why would SLDs be different than the rest of the market premium assigned to CAC coins?

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @Catbert said:
    Why would SLDs be different than the rest of the market premium assigned to CAC coins?

    IMHO there is a huge difference between CAC approved SLDs and a lot of other series. CAC approved mercury dimes/franklins/Morgan’s/buffs and many others. For many reasons SLDs are often found with issues. And since there are so few SLDs minted in the first place…. There are very few comparatively to let’s say Morgan’s. Cac is headed towards 100,000 approved Morgan’s while there are less then 2000 approved SLDs. Another thing to think about is the amount of nice Morgan’s out there that due to value are not even slabbed let alone sent off to CAC. The bourse floors and internet are flooded with them. It’s not the same with SLDs. Finding nice SLDs un slabbed and not CACd is very tough. Because of this there is less of a need to go for a CAC example if building a Morgan set because it’s well known you can find one just as nice without a sticker. Not the same with SLDs.

  • CatbertCatbert Posts: 7,429 ✭✭✭✭✭

    @Crusty that's a very good counterpoint comparing to Morgans as well as your other points. My intent by my rhetorical question was that in most cases, a CAC coin will command a premium. Add a rarity factor, even moreso. So, @amwldcoin 's assertion is counter-intuitive.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @amwldcoin - I forgot to reply regarding the 1860p with CAC approval that has the reverse rim bump. I was excited to see Heritage had a CACd example coming soon. I had high hopes but once the photos posted I was disappointed. I prefer my coins with a bit more crust or nice color. But knowing how tough the coin is with CAC I could not ignore it. I ended up placing a bid but was out bid by multiple bids. I did not bid strong for several reasons. Mainly because I wasn’t in love with it (the rim bump bugged me) and I already have the date covered in my main set. I think the coin is one of those boarder line coins. JA has seen tons of this date cross his grading table and I’m sure he knows how crappy they typically come. Was this coin perfect? NO. Was it better then the average xf40 1860p $? I think so.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Catbert said:
    @Crusty that's a very good counterpoint comparing to Morgans as well as your other points. My intent by my rhetorical question was that in most cases, a CAC coin will command a premium. Add a rarity factor, even moreso. So, @amwldcoin 's assertion is counter-intuitive.

    I'm not talking about any non CAC coin, I'm talking about nice non CAC coins. The 1860 above has probably been to CAC(stong assumption) and I paid strong for it. I like it CAC or no CAC!

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty said:
    @amwldcoin - I forgot to reply regarding the 1860p with CAC approval that has the reverse rim bump. I was excited to see Heritage had a CACd example coming soon. I had high hopes but once the photos posted I was disappointed. I prefer my coins with a bit more crust or nice color. But knowing how tough the coin is with CAC I could not ignore it. I ended up placing a bid but was out bid by multiple bids. I did not bid strong for several reasons. Mainly because I wasn’t in love with it (the rim bump bugged me) and I already have the date covered in my main set. I think the coin is one of those boarder line coins. JA has seen tons of this date cross his grading table and I’m sure he knows how crappy they typically come. Was this coin perfect? NO. Was it better then the average xf40 1860p $? I think so.

    I bought the nicer of the VF30's and I liked it better.

  • CatbertCatbert Posts: 7,429 ✭✭✭✭✭

    @amwldcoin said:

    @Catbert said:
    @Crusty that's a very good counterpoint comparing to Morgans as well as your other points. My intent by my rhetorical question was that in most cases, a CAC coin will command a premium. Add a rarity factor, even moreso. So, @amwldcoin 's assertion is counter-intuitive.

    I'm not talking about any non CAC coin, I'm talking about nice non CAC coins. The 1860 above has probably been to CAC(stong assumption) and I paid strong for it. I like it CAC or no CAC!

    .
    Forgive my confusion since I was responding to this quote of yours bolded below where you assert that non CAC coins sell for the same as a CAC coin. This is not what the CAC market data indicates.
    .

    @amwldcoin said:
    @Crusty @DisneyFan While I do agree, there are not many CAC Seated Dollars, my experience so far has been, nice coins without CAC bring the same price as CAC coins at auction. In fact, so far, I've paid more above Price Guide for non CAC coins than CAC coins so far. I guess this could be attributed to most who pursue Seated Dollars are a wee bit more advanced and knowledgeable than say a typical Morgan Dollar collector.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Catbert said:

    @amwldcoin said:

    @Catbert said:
    @Crusty that's a very good counterpoint comparing to Morgans as well as your other points. My intent by my rhetorical question was that in most cases, a CAC coin will command a premium. Add a rarity factor, even moreso. So, @amwldcoin 's assertion is counter-intuitive.

    I'm not talking about any non CAC coin, I'm talking about nice non CAC coins. The 1860 above has probably been to CAC(stong assumption) and I paid strong for it. I like it CAC or no CAC!

    .
    Forgive my confusion since I was responding to this quote of yours bolded below where you assert that non CAC coins sell for the same as a CAC coin. This is not what the CAC market data indicates.
    .

    @amwldcoin said:
    @Crusty @DisneyFan While I do agree, there are not many CAC Seated Dollars, my experience so far has been, nice coins without CAC bring the same price as CAC coins at auction. In fact, so far, I've paid more above Price Guide for non CAC coins than CAC coins so far. I guess this could be attributed to most who pursue Seated Dollars are a wee bit more advanced and knowledgeable than say a typical Morgan Dollar collector.

    Did you miss the adjective nice? ;)

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited August 4, 2022 7:11AM

    I would not buy this coin without seeing it in hand. The obv. scratch’s you see are so shallow I have to use a loupe and tilt the coin just so to see!

    Edit to add...Jailbirds can't edit their title! 31 down 13 to go! :#


  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    War dates are tough to find nice. The coin has nice original patina but the scratches are a negative for sure. Could take a long time to find a better one. Congrats!

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @Crusty said:
    War dates are tough to find nice. The coin has nice original patina but the scratches are a negative for sure. Could take a long time to find a better one. Congrats!

    This coin deal worked out well. Believe me when I tell you those are the type of scratches that just POP in a picture and are barely visible in hand. I suppose some might consider it auction collusion, but I had decided I would not bid on the coin because of the scratches. Through connections I was told who was going to bid and what they were willing to bid. If I had won the coin in the auction it would have cost me aroud $1000.00 more! B)

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @amwldcoin - When it comes to nice SLDs you have to do what you have to do!

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    Finally got the last year. 32 down and 12 to go.


  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    73 $ is a big sleeper in the series. Never given the credit it deserves.

  • lilolmelilolme Posts: 2,774 ✭✭✭✭✭

    I was expecting this to be a much tougher challenge based off what had been said about the seated dollars being a difficult series with decent / nice examples. I suspect some of this has to do with today's ability to search and find stuff on the internet and buying. Also I expect some to the OP having sources or connections.

    https://youtube.com/watch?v=Yq4KA0mUnC8 - Dream On (Aerosmith cover) via Morgan James & Postmodern Jukebox

    https://youtube.com/watch?v=m3lF2qEA2cw - Creep (Radiohead cover) via Haley Reinhart & Postmodern Jukebox

    RLJ 1958 - 2023

  • TomBTomB Posts: 21,765 ✭✭✭✭✭

    What happened to @amwldcoin? It appears he is banned. I must have missed something big.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • lermishlermish Posts: 3,429 ✭✭✭✭✭

    RIP OP and this thread

    chopmarkedtradedollars.com

  • CrustyCrusty Posts: 1,129 ✭✭✭✭✭

    @lilolme said:
    I was expecting this to be a much tougher challenge based off what had been said about the seated dollars being a difficult series with decent / nice examples. I suspect some of this has to do with today's ability to search and find stuff on the internet and buying. Also I expect some to the OP having sources or connections.

    Estimates for how long it takes a person to complete this set are all over the place. Many factors play a role in determining how long it takes. You pointed out one big one which is connections. Connections give access to coins that typically never come to the open market. The grade range is another factor. The bigger the range, the faster a set can be put together. Having the financial means is another big one. But let’s assume one has a blank check book ready to go. The biggest factor in my eyes is the quality. In general the higher the quality, the longer it takes. Putting together a CAC approved set is almost impossible. My core CAC set is almost 7 years in the making and I’m still missing 4 coins. I’ve owned them without CAC but with CAC is almost impossible. If my budget was unlimited I believe I could finish the CAC set in a 10 year period.

    I will add that recently (last year especially) there have been more opportunities then I’ve previously seen. I believe higher prices have begun to shake loose some of the tougher coins. If putting together a set without CAC approval 3 years is my guess to complete the set.

    *** Don’t know what happened to @amwldcoin? But this was my favorite thread on this forum.***

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