What $13,800 Can Buy
CalGold
Posts: 2,608 ✭✭
I want to avoid another silly modern/classics war so PLEASE DO NOT POST ANY REPLIES TO THIS THREAD.
Solely for the sake of trying to understand the current coin market, consider this.
If you had attended the B&M Rarities Auction at FUN and had $13,800 to spend you could have bought one of the following::
1953-S MS65 FBL Franklin Half Pop17; 2 finer
Or
1850 MS63 Seated Dollar Pop 3 none finer
Or
You could have saved $3,450 by purchasing an 1870 PR65 DCAM Seated Dollar Pop 1 none finer for $10,350.
CG
Solely for the sake of trying to understand the current coin market, consider this.
If you had attended the B&M Rarities Auction at FUN and had $13,800 to spend you could have bought one of the following::
1953-S MS65 FBL Franklin Half Pop17; 2 finer
Or
1850 MS63 Seated Dollar Pop 3 none finer
Or
You could have saved $3,450 by purchasing an 1870 PR65 DCAM Seated Dollar Pop 1 none finer for $10,350.
CG
0
Comments
The 1953-S 50¢ is a rarity with FBL. Too bad buying a FBL coin doesn't actually mean the coin is fully struck.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
<< <i>I would have to say the PF DCAM dollar. Wow what a steal. >>
I do love the Franklins, however, I have to agree that on a relative basis, I would prefer to have that Pop. 1, none higher, DCAM Seated Dollar. I'm not sure I would call it a steal though.
For me it would be the 1870 PR65 DCAM.
It's got a lot of things going for it:
a) A seated dollar
b) A DCAM proof
c) It's 130 years old
d) It's a Pop 1/0
e) I'm sure it's a beauty.
If you really wanted to fuel the modern/classic debate you could have included a 1988 Olympic G$5 PR70DC in that price range.
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Obscurum per obscurius
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Either some stuff is way too overpriced, or other stuff is way underpriced. Just figure out which it is, and you're off to the races!
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
<< <i>If you really wanted to fuel the modern/classic debate you could have included a 1988 Olympic G$5 PR70DC in that price range. >>
You mean one of these?
I must be a smart shopper. I got it at a $13,700 discount.
Russ, NCNE
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
Obscurum per obscurius
<< <i>I'd have purchased none of those, but....
The 1953-S 50¢ is a rarity with FBL. Too bad buying a FBL coin doesn't actually mean the coin is fully struck. >>
Or that "MS65" means the coin is GEM.
peacockcoins
<< <i>Kranky: Until you can't buy rare coins for a few dollars my vote won't change. >>
I'm sorry, but I don't follow what you're saying.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Cladking is referring to his "the sky is falling" rarities that he is always rambling about. The reason these are cheap is no one collects them, and no one is likely to either. There are two factors that contribute to price, supply and demand. If there is no demand, the price is low regardless of "rarity". Cladking will continue to ramble about how the entire coin collecting hobby is hinged on people collecting what he wants them to collect, and not what they want to collect.
As for this thread, there is not much as pretty as a DCAM Seated Dollar. So I will stick to my $2 1953-S Franklin, and continue to pursue what I like.
Russ, if you were a smart shopper you save even more buying it from me
BobbyL was selling a PR70DC for $12,500. If you can add one to your 69 you'll be all set.
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<< <i>Looking at the three coins CalGold posted, and the prices they went for, something is mightily out of whack. I think we could agree on that no matter what side of the modern/classic debate you may be on.
Either some stuff is way too overpriced, or other stuff is way underpriced. Just figure out which it is, and you're off to the races!
Kranky: I should have said bet since I was referring to your off to
the races comment and bet is more consistent than vote. There
are rare moderns which are available for sale at very low prices
because they are not yet appreciated and/or because they are raw.
My bet tends to usually be on moderns, though obviously all good
coins and all good investments are not moderns.
Tom
I paid $13 less than yours.
Russ, NCNE
Russ, NCNE
That was one I made and I actually cleared $15 so you got the right price.
More often than not, I have to pay people a few dollars to take the coins off my hands.
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<< <i>How many 1995-W SAE's in PF-68 could that buy? >>
Two?
<< <i>For me it would be the 1870 PR65 DCAM.
For me it would be the 1870 PR65 DCAM.
It's got a lot of things going for it:
a) A seated dollar
b) A DCAM proof
c) It's 130 years old
d) It's a Pop 1/0
e) I'm sure it's a beauty. >>
You forgot:
f) It's NOT a Franklin
jom
PS: Sorry, Lucy, I couldn't help it.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
Next Door
But it's coming back. There are now some very attractive buys in the Franklin market, I think, both pf and ms.
Huh? Whattya mean you don't want a classic car?
"I want to avoid another silly modern/classics war " ?
What would it be like if he DID try to start another silly modern/classics war?
Mike
Since we weren't sposed to reply please don't nobody read this.
Obscurum per obscurius
It's like the forward to Huckleberry Finn -
"PERSONS attempting to find a motive in this narra- tive will be prosecuted; persons attempting to find a moral in it will be banished; persons attempting to find a plot in it will be shot."
and the teacher decided to spend a month studying the symbolism.
2 Cam-Slams!
1 Russ POTD!