These 12 coins in the middle - would you pay 50Gs?

Che_Grapes

lermish

People can collect whatever they like and spend their money however they like. I haven't spent >$50k on a coin but I have a few coins that are pretty expensive for most people. And unless things go sideways in life I could see myself spending that much on a coin in the not too distant future.

That being said, the idea of spending that kind of money on a coin with populations in the tens of thousands and dozens or even hundreds in that grade holds absolutely no appeal for me.

Che_Grapes

@lermish said:
People can collect whatever they like and spend their money however they like. I haven't spent >$50k on a coin but I have a few coins that are pretty expensive for most people. And unless things go sideways in life I could see myself spending that much on a coin in the not too distant future.

That being said, the idea of spending that kind of money on a coin with populations in the tens of thousands and dozens or even hundreds in that grade holds absolutely no appeal for me.

Yes but there are 12 coins, sir.

PeakRarities

Not a chance, but I’m pretty biased since I have no desire to collect Morgan dollars. Unless, of course, they look like @Floridafacelifter’s Morgan dollars

MFeld

What's "500G's" ?

coinbuf

Nope, not even one CAC bean to be seen.

Che_Grapes

@MFeld said:
What's "500G's" ?

500 G’s stands for 500 Grand which means 500,000 dollars

Che_Grapes

@coinbuf said:
Nope, not even one CAC bean to be seen.

Then they must be worthless - no cac sticker then no deal!!

Is that what we want? Some dude at cac to determine if coins look good or not?

Che_Grapes

@coinbuf
And btw I follow you and love your knowledge and insight / I’m just messing with you… I know you’re just kidding and making a point.
It’s all good man - always appreciate you

MFeld

@Che_Grapes said:

@MFeld said:
What's "500G's" ?

500 G’s stands for 500 Grand which means 500,000 dollars

Thank you. That's what I took it to stand for, but glancing at the 12 coins made me wonder if it somehow represented a much lower number. How did you choose $500,000?

coinbuf

@Che_Grapes said:
@coinbuf
And btw I follow you and love your knowledge and insight / I’m just messing with you… I know you’re just kidding and making a point.
It’s all good man - always appreciate you

I mean somebody had to, right.

jmlanzaf

@Che_Grapes said:

@lermish said:
People can collect whatever they like and spend their money however they like. I haven't spent >$50k on a coin but I have a few coins that are pretty expensive for most people. And unless things go sideways in life I could see myself spending that much on a coin in the not too distant future.

That being said, the idea of spending that kind of money on a coin with populations in the tens of thousands and dozens or even hundreds in that grade holds absolutely no appeal for me.

Yes but there are 12 coins, sir.

Which works out to over $40k per coin. I don't think any of those are worth close to that number.

Smudge

Not on Morgans.

johnny9434

@Che_Grapes said:

@MFeld said:
What's "500G's" ?

500 G’s stands for 500 Grand which means 500,000 dollars

Or 500k

mikee999

@Che_Grapes said:

nope

FlyingAl

I took the PCGS price guide for the PCGS coins (and substituted an actual auction result of one of the coins) and used reasonable sold data for the NGC values. I came up with a total value for the 12 coins of:

$59,318.

A whopping 8.429 TIMES less than the OP post.

silverpop

no

i can think of better things to spend that amount of money on

RobertScotLover

Maybe thru all the revisioning the op meant 50G's

No Headlights

Hard no!

Manifest_Destiny

YES!

Floridafacelifter

@DeplorableDan said:
Not a chance, but I’m pretty biased since I have no desire to collect Morgan dollars. Unless, of course, they look like @Floridafacelifter’s Morgan dollars

Haha thanks DD- and my answer is also not a chance- I only collect proof Morgans!

BLUEJAYWAY

@johnny9434 said:

@Che_Grapes said:

@MFeld said:
What's "500G's" ?

500 G’s stands for 500 Grand which means 500,000 dollars

Or 500k

In the old gangster movies it was always 50G's etc. Somehow 50k does not have the same ring to it.

johnny9434

@BLUEJAYWAY said:

@johnny9434 said:

@Che_Grapes said:

@MFeld said:
What's "500G's" ?

500 G’s stands for 500 Grand which means 500,000 dollars

Or 500k

In the old gangster movies it was always 50G's etc. Somehow 50k does not have the same ring to it.

Yes, that makes sense. I wonder where or when k came into play. I'll take a look later and see what I can find

lilolme

@johnny9434 said:
Yes, that makes sense. I wonder where or when k came into play. I'll take a look later and see what I can find

K is the short symbol in the metric system for 1000.
kilometer km
kilogram kg

Applejacks

@jmlanzaf said:

@Che_Grapes said:

@lermish said:
People can collect whatever they like and spend their money however they like. I haven't spent >$50k on a coin but I have a few coins that are pretty expensive for most people. And unless things go sideways in life I could see myself spending that much on a coin in the not too distant future.

That being said, the idea of spending that kind of money on a coin with populations in the tens of thousands and dozens or even hundreds in that grade holds absolutely no appeal for me.

Yes but there are 12 coins, sir.

Which works out to over $40k per coin. I don't think any of those are worth close to that number.

My thoughts exactly.

MFeld

Barring a good explanation, based on the pictured coins, the thread title appears sloppy/haphazard.

jmlanzaf

@MFeld said:
Barring a good explanation, based on the pictured coins, the thread title appears sloppy/haphazard.

Or just more of the usual clickbait.

Although I would like to know why he added a zero to the end of the actual value. I'm pretty sure no one is going to say yes to paying 10x guide on those coins.

DisneyFan

@Che_Grapes said:

These 12 coins in the middle - would you pay 500G’s?

Did someone say they were worth $500,000?

Che_Grapes

Ok then 50Gs is better.
Sorry I was MIA for a bit on this, as I was out of town and off line much of the time.
Yes the dealer made the comment tongue and cheek - I thought it was on the high side myself but some of them are good examples. He may have meant the whole case but the 12 in the middle were among the best.
Happy Friday to all