Coin Hoarders - I am one

CharlieB

A friend of mine wound down his series collecting of copper
some years ago. I would see him at the coin shows all the time.
He then started collecting only one coin - chain cents. He had
several of them. It was something to see. He knew his chain cents.

My mom's supervisor at a Dept. store in the 1950's collected only
1932 quarters P,D and S from the store's cash registers. She had
been doing this for years and had a bunch of them which she kept
in a cigar box. I know, I saw them. I tried to get one but she
wouldn't part with any. Just a 1932 Plain in About Good would
have been the highlight of my collection back then.

An elderly man I knew had a small hoard of 1909-S-VDB's. He told
me that his father saved them and he just carried on the tradition.
He had quite a few of them and was leaving them for his children. He
told me he couldn't get any of his children interested in collecting.

Another friend of mine collected only silver dollars and US gold.
One day he showed me several mint state 1921 Peace dollars some
with high-point detail. It isn't every day you get an opportunity
to compare coins like these in front of you side by side. 1921 was
the year his mom was born.

Personally, I have a nice collection of uncirculated Isabella
quarters. If I am at a show and see an eye catching attractively
toned one that strikes me and for the right price I might add it
to my collection. I happened to like the coin's features, the way
it got promoted and the history that surrounds the 1893 World
Exposition. I loved series collecting but am just burned out on
it after all these years. This different type of collecting has
given me a lot of excitement and reenergized me.

It is a great opportunity to compare feature's, varieties, etc.
and to get a feeling of what is really out there when you have them
all in front of you.

I have even heard of some hoarders trying to corner the market
on a few very low population coins.

Questions:
Any other hoarders in the forum?
Are there any hoards you know about?

If not then have any of you found that you now have duplicates,
triplicates, etc. of the same coin because you just couldn't pass
some beauty up for sale even though you knew you already had the coin?
Or maybe you were just trying to upgrade and still kept the coins?

- Charlie B -

jp

You can never have anough raw SAE, that's what I always say

nucklehead

<< <i>You can never have anough raw SAE, that's what I always say >>

Amen.

Rotts

Yes i guess i am.I see one,buy it,see another and buy it too or three or four,lol.Thats not a bad thing is it???I guess i like lots of coins.Nice to know i'm not the only one....

clw54

I like plain old circulated Morgans, probably because my parents and grandmother had a bunch and I was always fascinated by them. There was something magical about the look and weight and feel and all those different old dates on them. They're mine now, and I still like to buy circulated Morgans at coin stores. The other day, I bought a rim dinged worn 1902-O for my nephew out of a box of battered silver dollars. It looked like it needed a home, and my nephew is young and is likely to drop it anyway. He gets a Morgan in his christmas and birthday cards. Maybe someday he'll think they're cool.

nucklehead

Oh yeah collecting the old fashion way, long before the internet,ebay,PCGS,NGC and registry sets.

MAULUMALL

I got into 1995 DD Lincolns for a while.I think DD's are extreamly cool and they got my 11 year old girl interested in checking out coins.I have 12 now in different grades.Only 1 is raw.NGC,PCGS,Old PCI and 1 of the 2nd green PCI.I am still looking to find some higher grades in an ANACS.

andy007

nucklehead,

I think that's the whole point. Collecting is different from hoarding.

CharlieB

Maulumall:

Thanks. See the truth is beginning to come out now.
And that's exactly what I hope to hear from you all is what
specifically you may have been collecting multiples of over
time like your 1995 DD's. So in a technical sense you hoard
a little too on the side on top of your general collecting.

Thanks.

nucklehead

Collect and hoarding,yes there is a difference, I'm guilty of both.

IrishMike

I've hoarded 09 VDB's over the years and 16-s Mercs, have them all the way form g-ms66. Couldn't find many S mint coins in the midwest in the 50's and 60's and being a lincoln and IHC collector the 09 is a special year to me. I have practically given away several of these coins to people over the years. It's fun to see their expressions when they get a 63-65ms 09 VDB for next to nothing.

Edited: I refuse to divulge how many of these coins I own, I may be sent away.

shylock

This touches on something I've thought about a lot recently: if I could go back in time ten years I'd be a semi-hoarder, buying every solid MS65RD Indian Head common date (1899, 1901-09) I could find. They could be had for about 100 bucks 10 years ago and for $250 a few years ago. Now they're $400-500 a pop for the solid coins. Would be cool to fill 5 or 6 boxes with these still undervalued gems for bargain prices. Of course, the reason they're so tough to find these days may be because someone is actually doing that...

pmh1nic

Shylock

To do it all over again is probably every collectors dream . All of those silver dollars my grandmother gave me that were no sooner in my hand that I was in a rush to get to the candy store.

O.K. if you were going to start hoarding from circulation today what would it be? It's probably too late for me but I'll pass the advise on to my grandkids.

Conder101

I hoard 1803 S-262's but only if I cherrypick them. (I bought one attributed and Ive cherried three more of them although I passed one of them along to another collector who didn't have one yet. One of the cherries just misses the bottom end of the condition census.

DIMEMAN

Hey, if you are going to do this go back in time thing, lets make it say 1921. I'll go to the mints and get bags of all the denoms. Then come back and be a Billionaire many times over.

Jon