Post some of your Cherrypicking Hints......
fivecents
Posts: 11,207 ✭✭✭✭✭
Some Barber halves and Quarters can have almost good reverses and still be graded as good because the reverses wear faster than the obverses.
All CC mint marked Morgan 1$ are allowed alot more hits and dings than any other Morgan 1$ and must be graded completely different from the rest of the Morgan series.
The older PCGS and NGC certified Franklin halves can have undesignated FBL coins in them.
Anyone have any other cherrypicking hints to add ?
All CC mint marked Morgan 1$ are allowed alot more hits and dings than any other Morgan 1$ and must be graded completely different from the rest of the Morgan series.
The older PCGS and NGC certified Franklin halves can have undesignated FBL coins in them.
Anyone have any other cherrypicking hints to add ?
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Comments
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
What kind of cherry picking are you doing
Glen
Oh yea, the hint, look at the roll sideways first.
(Kinda obvious, but back when I needed a High Relief Peace dollar for my type set, it took some shopping around before I finally settled on the right coin, which was a mostly-white, better-struck PCGS MS64.)
For cherrypicking rolls from circulation: go for the nickels. You can very often find earlier dates and War nickels. If you buy enough rolls, you could almost put together a complete set of Jeffersons from circulation, even today. Granted, the coins will be low grade for the most part, but at face value, they have nowhere to go but up. And Jeffersons were "sleepers" for so long, they're almost certainly headed up, too, especially after the design changes. If your bank has half dollar rolls, too, you should buy all they have. Just cash your paycheck in halves, if they have that many. Lots of the general public are unaware of the 40% silver composition of the 1965-70 halves, even if they know about the pre-1965 90% silver stuff (though that turns up, too- I have heard plenty of stories of folks getting Franklin and even Walking Liberty halves at face value, in rolls.) I scored a fairly big hoard- several rolls- of 40% silver Kennedies at my credit union a while back, thanks to a friendly teller who told me she had gotten them. Every single coin in the rolls was 40%, with only two exceptions: one was clad and one was a 90% silver 1964 half.
By far the best cherrypicking I have experienced is in bulk lots of world coins. This requires the investment in Krause catalogs, and a bit of practice to recognize coins by country (so you know where to look in the catalogs), but it is not at all uncommon to buy bulk world coins for 5 or 10 cents apiece in bulk, and cherrypick individual pieces that catalog for $5, $10, even $50+! And even though you probably will have to sell them at a fraction of the catalog price, you can still double, triple, or quintuple your money, over time. It just takes the books, a little practice, and a little patience. Very few American dealers choose to "waste their time" with "foreign junk". Translation: if you have a little time to "waste" on it, it can be a cherrypicking bonanza, and highly educational, too. I cannot count the number of world coins I buy for a dime and sell for a dollar. That "junk" adds up!
I once saw an interesting looking cigar box of older world coins on eBay, with the typical too-small, blurry picture. There appeared to be a small gold coin at the top of the box, but it was hard to tell for sure. I was willing to gamble up to $35 on it, but when the bidding exceeded that, it got a bit too rich for my blood. I had pointed out the auction to a friend of mine, though, and he said if I was done bidding he was gonna hang in there for a bit. I said that was fine by me- there's a limit to my gambling. If the gold coin was phoney, $35 could be a lot for a box of junk.
My friend won the cigar box for $45. Well, it turns out the "gold" coin was indeed a fake. BUT... there were a bunch of rare Puerto Rican coins in the box. He got at least $1,500 when he resold them. And there was still another $400-500 in the remainder of the box! I still shake my head over that one. Definitely "The one that got away!" Over $2,000 on a $45 investment. It happens, and it happens pretty often, actually. And smaller scores happen every day.
Thanks, I needed that.
Tbig
Looks like it has been pushed back to the early to mid November time frame. Hang in there. It'll be worth the wait.
Check out a Vanguard Roth IRA.
Being able to attribute varieties from memory.
The best way to Cherry Pick is LEARN HOW TO GRADE!!! Or learn how the services grade!
Become a coin Doctor.
Know which coins are truely rare.
the mint. 1979 small motto quarters were released in S Chicago. 1982 NMM dimes
were released in Sandusky, Ohio and Pittsburgh, PA. These are mostly widely dis-
persed now whether they were found and saved or merely spent, but this same thing
occurs with coins which have a very low velocity like gem 1972 quarters (St Louis)
or '80-D halfs(Milwaukee) in mint sets. If you find a spectacular gem somewhere or
anything of note then just keep looking in the same area and you just might find an
even better one.
Never assume someone beat you to the best coins.
If I told you I'd have to kill ya afterwards.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i> I've found that if you know what you're doing, you can cherrypick raw or non-PCGS slabbed coins, and then have them slabbed or reslabbed by PCGS. >>
dollardude...That's a good one,I do that also.
<< <i>Figure out which dealer improperly use magnification when they grade thier raw coins. They are usually a good two points low >>
MadMonk...I call that micro-grading, alot of dealers and collectors do this when they under grade their coins.
LM... excellent information, thanks for sharing.
cladking... when the 180% rotated die delaware quarters were discovered they mainly appeared in Greenbay, Ws and the town I live in. I know this because coin world did an article on this, plus I have some great local connections and I bought quite a few myself (almost all are PCGS AU 55-58)
I didn't expect too many replies, no one wants to reveal their "secrets". I do know most collectors/dealers have a numismatic bone they can throw out on these boards with out compromising themselves.
1- Buy something that "looks nice."
2- Post picture on board
3- Be informed that you cherrypicked a very rare die variety
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My ebay auctions
Also look for high grade coins that people don't care about. I snagged a 1939 Jefferson raw for $2 that graded at MS-66. Also snagged a beautiful irridescent toned war nickel for $3.50 from the same person that slabbed as MS-66*.
<< <i>flea market coin dealers are great for cherry picking. >>
That's what I've heard.
Russ, NCNE
Forget sheet-pay extra- and buy keys with eye appeal in any holder or raw if the grade is correct...
Finally and the best tip... The extra money you pay a good dealer for finding you the 'right' coins and perhaps most of all for avoiding the 'bad' ones is rewarded many fold...even the advanced collector could benefit.