Opinions Please-Better Dates or Higher Grades?
Tassa
Posts: 2,373 ✭✭
Say you wanted to put together a type set. Your funds are limited. Would you look for better dates in lower grades or common dates in higher grades?
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Comments
Better dates = fewer coins,
Common dates (depending on the grades) = more coins.
Even common date coins can be expensive in high grades, depending on the grade and population of the coin. You can always upgrade too later on.
Personally I go for the common dates in the highest grade possible. I really like coins with great eye appeal.
Greg
Good Luck with what ever you decide.
Ken
Tom
interests change later, these coins would always be easy sellers with nice
upside potential. Plus, it offers the thrill of the hunt since these coins at the
right price will be tougher to find!
On the other hand, the most beautiful coins for the money will most likely be
the common dates.
As always, it comes down to personal goals and preferences.
Ken
COINS ARE NOT AN INVESTMENT
in answer to your question better date lower grade or higher grade common date neither!!!!!!!!!!!!!!
for me i would pick the coin that has monster eye appeal if it is a higher grade common date BUT WITH MONSTER EYE APPEAL TREMENDOUS EYE APPEAL EXTRAORDINARY EYE APPEAL THEN the higher grade common date COIN WOULD BE FOR ME over the better date
for me i would pick the coin that has monster eye appeal if it is a lower grade better date but with monster eye appeal tremendous eye appeal extraordinary eye appeal then the better date lower grade coin would be for me over the higher grade common date
just make sure wahtever you pick it is extraordinary eye appeal be uit better date lower grade and/or higher grade common date
to make it even simpler all the coins you gets should ALL HAVE TREMENDOUS EYE APPEAL EXTRAORDINARY EYE APPEAL if not do not waste your time or money buying anything else
keep it folded in your pocket
sincerely michael
I go for the higher grade and avoid the most common date in the series.
I agree with you, but it avoids the question. If you had a certain amount of money to spend. Would go go for higher grade common, or lower grade better date. Assume equal magnificant, glorious, eye appeal. OK, maybe the lower grade better date has an extra mark somewhere.
Greg
Between an MS64 common date and an EF40 better date, it is hard to say "Better dates will hold their value better."
If you change the word from "better" to "key", then I agree your statement.
It also comes very close to asking what one should collect. One should collect what he en-
joys and one should buy his type coins with rarity, grade, and price all taken into consider-
ation. Of course how the coin will look in the set should also have some bearing on the de-
cision.
If the question is which will have better price performance a rare date or an equally valuable
rare grade in the same series than that's much more complicated and likely depends on the
series. The question is really an imponderable since it's not possible to know. Surely the de-
mand for quality is higher now than it has ever been before in coin collecting. It would hardly
be illogical to predict that this demand will subside in the future and bring down the price of the
rare grade. By the same token coin prices are getting strong and if prices continue upward more
people will be priced out of date/mm sets and form type sets which are often higher grade. Old-
er series are more likely to be collected in lower grades since the coins are often still attractive
even in MS-60 or XF. The high prices will mute demand in the high grades and the result will
likely be that rare dates will do better. Many of the later coins are unattractive in lower grades
and some are so unattractive that they will likely be used mainly as fillers. These are sometimes
distressingly common in low grades also which are unlikely to ever be actively pursued by large
numbers of people.
In short it depends on the series and who is collecting it now and their reasons for collecting it,
but this must be seen in the light of who will be collecting it in the future and their motivation.
Actually Typetone hit what I'll generally look for in a good type coin; the best date that doesn't re-
quire a substantial premium.
Of course, in my collecting series (standing liberty quarters and Ike dollars), I prefer to have a rare date than a rare grade. For my type set, there must be a line to draw "what is the minimum grade to put into my type set." Since I only put one coin per type into the set, I prefer to get a high grade one within the budget. For future re-sell-ability, I try to not to buy the most common one in the series.
For standing liberty quarters, I would suggest folks to pass 1930-P MS6xFH and 1929-P MS6xFH for their type set. Go for 1929-S, 1927-P or 1925-P with the same grade. There is not much premium for these common but not so un-common dates. Of course, I would like to have a 1927-S MS66FH in my type set, but the price is 100X and thus it is not in the scope of the discussion.
Comparing a nice 1919-S AU50 and a nice 1929-S MS65FH, their prices are in the same ballpark, I will go for the 1929S MS65FH for my type set. Since I only put one coin into my type set, I prefer to have a nice uncirculated one. It's my personal choice
that is why i like early 20 th century and 19 century coins say for example a barber half/quarter/dime ms
that is gem mintstate totally eye appealling coin but just a common date per say even though no date in true gem barber half/quarter/dime with amazing eye appeal is common so you get the great gem coin eye appeal and any like that any date is a better date even if not a key date!
and also three cent nicks in proof and ms gem
barbers proof ms gem
type two three cent silvers gem ms
superb gem proof ms lib nicks
gem ms dmpl cc and o mint morgan dollars
gem ms copper nick indian cents
colored proof gem rb and brown indian cents
colored gem early commems
seated half dimes gem ms
capped bust half dimes gem ms totally undervalued
satin proof gem buffs
seated dimes gem ms and proof
seated quarters gem proof cameo
proof and ms gem trade dollars
seated proof gem halves
for me all the abovecoins andi am sure there are many more examples but this list is a start are for me again undervalued coins if they have the right look to them!
sincerely michael
CoolKarma
MS Buffalo
MS 1951
Looking at my collection I've chosen to spend my money on slightly better date coins
in MS64 rather than getting a common coin in MS67.
If I was working on a type set I would probably want one example of a super grade (where I'd have
to settle for a common date).
-KHayse
a representive example of the coin. Maybe resale would be better with a
better date, but my budget can't handle too many nicer semi-keys, if any for
the older stuff.
I also personnally am happier with an example in the book, then only having
a few, superior coins. My type set has a 1793 Chain Cent in PCGS Poor 01.
I'm sure that most people would never consider a coin that bad (Except for
Braddick's best of the worst; and if I ever find a FR02 I would be proud to have
him have it), but since I can't afford a VF, I'm happy with what I have. (And that
is the key; be happy with your collection.)
David