The top 5 coins from my old holder type set
Inspired by @david3142, I figured I'd present my top 5 favorites from my work-in-progress old holder type set. My means are relatively limited, and this set has definitely tested those means. My ability to continue to add to this set will slow down in the very near future, so this top 5 may remain relatively static for the next 3-5 years. I figured this would be a good time to write this post up, given that circumstance.
Honorable mention goes out to my 1839 Drapery Dime in NGC 64 Gold CAC.
Counting down, from 5th to 1st...
1926 Indian Quarter Eagle, NGC MS63 CAC in a 2.1 Generation Fatty
While it's quite a tough decision here at #5, the overall rarity of the 2.1 holder pushes this above several other contenders for the fifth slot. I had been on the hunt for a 2.1 for quite some time when this coin came to my attention. It was priced at $1,000 on eBay as a BIN somewhere around 8 months ago, and that was good enough for me. It is not that easy to find Indian-Type gold in old holders in 63 and up, which is what sealed the deal. Given the recent run on 2.0's and 2.1's, I'm sure I could make a bucket on it, but how would I ever replace it?
Of note; The same seller had a $5 Liberty also in a 2.1 for $1,000 as well. I didn't see it or I would have bought that too.
1877-CC Seated Liberty Quarter, NGC MS65 CAC in a 3rd Generation Fatty
It took me quite a while to find a Seated Liberty Quarter for this set, but I finally relented and paid approximately a ~10% premium for one at the ANA WFOM last summer. I kid you not, 7 weeks later, this popped up on eBay and I purchased it shortly thereafter, giving me a duplicate type in the set, but a much cooler date/mint in cooler plastic to boot! I paid strong money for it at $2,800, but I feel it is a high end coin for a 65, and it CAC'ed, which made me feel a lot better about that premium I paid, especially seeing a PCGS 65 sold for $3,360 recently... And I think this one is nicer.
1837 No Stars Seated Liberty Dime, PCGS MS64 CAC in a 1.2 Rattler
I've long loved the no stars types due to the aesthetics of the large, open fields, and an uncirculated dime of the type has been a bucket list coin for me for quite some time. When I saw a picture of this coin pop up on Reddit along with a few other coins I really liked in old holders, I tried to buy them. The individual who owned them rebuffed my overtures and I kind of forgot about them, or at least shuffled them to the back of my mind.
Browsing eBay several months later, I saw them suddenly listed. Almost immediately I made offers on 3 of the coins I was interested in. After a touch of back and forth, the seller and I found common ground, and they were mine. This is the highlight of the group. I paid about $2,500.
1841 Seated Liberty Dollar, PCGS MS63 CAC in a 1.2 Rattler
Sitting in second place is the single most expensive coin I've ever purchased, by a long, long shot. A friend of mine originally spotted this coin listed on eBay as a buy-it-now for $6,800. He sent it to me, saying he wanted to buy it for a flip but didn't have the capital to do so. I bought it, sent him a message telling him it had sold. Waited about 30 seconds and followed that up with "Because I bought it, you owe me $3,400." We sent it to CAC, where it beaned and included a note from JA saying Wow, great coin!
To make a long story short, another good friend, @Senator32 convinced me to keep it, and I ended up buying my friend out of his interest in it at a tidy profit for him, and a net cost basis to me at about $9,000. I sold ~10 rolls of BU Morgans to pay for it with zero regrets. Objectively, this may be the single highest-value coin I'll ever own in my personal collection.
1879-S Morgan Dollar, NGC MS67PL CAC in a 4th Generation Fatty
This coin takes my top spot for several reasons. It was my first acquisition over $350, and marked the start of me buying more serious coins for my personal collection. It taught me to not be afraid to stretch my finances if I believe in the coin. It was my first Morgan graded 66 or higher, I went straight from 65 to 67PL. It was the first coin I bought and knew I'd never sell. It was the first coin I ever turned down a 4 figure profit on. It's the coin that started my fascination with old holders, as well. Just look at it!
This coin was purchased about 8 years ago, towards the end of my stay in my first apartment after moving out of my parents house. It was listed as a BIN on eBay for $960. At the time, that was about the going rate for an NGC 67PL. PCGS 67PL's were going for about $2k, and the old holder is how I justified the purchase. It easily eclipsed my 1883-CC in 63DMPL I purchased from Larry Shapiro a few months prior as the most expensive coin I'd ever bought. I show it around from time to time, and it's always the coin people stop and spend an extra 30 seconds looking at.
Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."