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10 reasons why a self-respecting collector should avoid So-Called Dollars. Updated with some new pic
keets
Posts: 25,351 ✭✭✭✭✭
1. Some of them actually have Historical Significance, probably sacrificing integrity somewhere along the line. We just haven't figured out where yet.
2. Some were actually struck at the U.S. Mint on mint-made dies, designed and engraved by well-known Mint employees. Government involvement always hurts.
3. As a rule, they are high relief----who wants all that detail that can wear off?
4. Many are truly rare and not "grade rare" or any of the other misused forms of the word. How is a guy supposed to hype something like THAT to cash in on it???
5. Can you imagine that some of the best medalists/sculptors/engravers available were involved with the designs? They should have stuck to coins!!!
6. Not many people know about them, so how can you make money in the after-market?---well, well, the passing of time has corrected yet another problem!!!
7. Many issues are available in a variety of metals. Man, does that suck!! Give me gold/silver/platinum or give me death!!
8. Only NGC, ANACS and SEGS seem willing to holder So-Called $'s, so that really limits the burgeoning Plastic-Buying-Public when a collector wants to assemble and Register a set!!
well, this oversight has been corrected!!
9. They aren't really coins, so they must suck!!
10. Many are somehow tied to a commemoration of some type that we already have a coin for.
Al H.
2. Some were actually struck at the U.S. Mint on mint-made dies, designed and engraved by well-known Mint employees. Government involvement always hurts.
3. As a rule, they are high relief----who wants all that detail that can wear off?
4. Many are truly rare and not "grade rare" or any of the other misused forms of the word. How is a guy supposed to hype something like THAT to cash in on it???
5. Can you imagine that some of the best medalists/sculptors/engravers available were involved with the designs? They should have stuck to coins!!!
6. Not many people know about them, so how can you make money in the after-market?---well, well, the passing of time has corrected yet another problem!!!
7. Many issues are available in a variety of metals. Man, does that suck!! Give me gold/silver/platinum or give me death!!
8. Only NGC, ANACS and SEGS seem willing to holder So-Called $'s, so that really limits the burgeoning Plastic-Buying-Public when a collector wants to assemble and Register a set!!
well, this oversight has been corrected!!
9. They aren't really coins, so they must suck!!
10. Many are somehow tied to a commemoration of some type that we already have a coin for.
Al H.
0
Comments
peacockcoins
is Braddick the only one who knows my post was made in jest and has the slightest inkling what a So-Called Dollar even is?? certainly you must be kidding, forum??
al h.
I collect So-Called Dollars relating to national and international expositions. Braddick showed me some really nice ones from the 1915 Pan Pacific Expo. When he's ready to sell the silver one I'm ready to buy.
Obscurum per obscurius
which have been made before and since HK. In fact there is no definite line and one
can strike out on his own and make many new additions and discoveries.
one thing i like about their book is that the authors explain the criteria for inclusion in the reference which limits size and theme. additionally, they personally inspected all the listed entries. that is pretty extensive documentation. i would wonder why no follow-up has ever been done or a revised additional printing of the book. perhaps they covered all the bases.
al h.
One I like, but is a bit out of my price range :
There's a bunch of other nice ones listed (and pictured) here :
So-Called Dollars
Ever seen a Whipple Dollar? I think those are neat too.
Have fun!
The Working Man's Rare Coins
http://www.workingmancoins.com
Working.Man@usa.net
My Ebay Listings
#2. Yes sir, I'm a regular Sears and Roebuck!!
From Shawshank Redemption
I agree....if nobody recognizes them for what there are, then there are more for me. I you know what I like.
Word on the street is that somebody is doing a remake of the HK book. Gosh, I hope it stays quiet.
njcoincrank
al h.
Hell, I don't need to exercise.....I get enough just pushing my luck.
proper value and it assures you can put collections together on a shoestring.
<< <i>Does anyone here have any of the Ford dollars?????? Please pm me!!!! >>
Sure. I also have other Ford stuff too that I'd love to trade.
Mark
P.S.
P.P.S. Really nice looking so-called dollars Keets. Some of them are truly stunning!
<< <i>Hello..........out there??????
is Braddick the only one who knows my post was made in jest and has the slightest inkling what a So-Called Dollar even is?? certainly you must be kidding, forum??
al h. >>
Hmmm ... #1 is actually a US military medal ... WW II Medal of Victory ... have one that belonged to my stepfather.
Steve
Happy Rock Wrens
You're having delusions of grandeur again. - Susan Ivanova
Well, if you're gonna have delusions, may as well go for the really satisfying ones. - Marcus Cole
you're correct about the WWII Victory Medal. they were issued probably in the tens or hundreds of thousands. the value or collectibility is in the fact that they are almost non-existent with no evidence of having been looped for suspension from a ribbon, the standard form of issuance. mine is just such an example and holdered by NGC as MS63.
al h.
I agree that So-Called Dollars should be avoided. Indeed, the following piece recently avoided itself into my collection:
I really didn't like that this made for a nice adjunct to my Columbian Expo coins, and I'm sure I will be avoiding picking up any other pieces that have relevance to my collection.
Anyone know the status of that updated HK reference? Not that I'd be interested in such stuff, mind you.
Great pieces of history there. I do wish that they would change the Greenbuck to Greenduck like its supposed to be, but just another case of trying to correct things written in stone.
Thanks for sharing those pics
dealmakr
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
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The Ludlow Brilliant Collection (1938-64)
An authorized PCGS dealer, and a contributor to the Red Book.
Very nice widgets by the way !!
- Marcus Tullius Cicero, 106-43 BC
<< <i>TTT for discussion, addition, deragotory comments, praise and anything else that comes along. better yet, why not post a reason why a collector might want to collect these beautiful pieces of historical commentary........................ >>
Them's a couple o' fine looking DeLorey numbers hiding in that original post.......
TD
<< <i>TTT for discussion, addition, deragotory comments, praise and anything else that comes along. better yet, why not post a reason why a collector might want to collect these beautiful pieces of historical commentary........................ >>
I would like collectors to stay away from Centennial medals and California expo medals until I've finished my collection. Thanks!
Obscurum per obscurius
and makes it much more difficult to count ticks. You'll have to tip the thing back and forth
to get the design out of your way and that will make you lose count.
I believe that the Greenbuck (Greenduck) mistake is going to be fixed.
It takes a while.
regards,
dealmakr
i know the new "Edition" will have it fixed, but i wonder if NGC will address it in their online report and slab inserts?? i currently have an HK-468 at the factory----1833-1934---- that's the only example i've found thus far, should be an AU55 or a BB. i soaked it in acetone to remove some tape and lacquer which turned the underlying metal white and hazy. after i soaked it in olive oil it turned a darker brown than the rest of the medal, so i hope they don't interpret it as having been re-toned.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>Ahhh. Bach.
That a MASH reference? >>
Yeap. Once you say that you said it all!
Keets - Some really nice So-Called Dollars.
You are correct about #3. My '26 Phillie Ses is worn to the point where it took me awhile to identify it.
By the way, some of those are really nice dollars, so to speak.
https://www.pcgs.com/SetRegistry/collectors-showcase/world-coins/one-coin-per-year-1600-2017/2422
SC$'s are starting to appear in some of the larger show auctions with a big one coming in February at the Heritage Long Beach Show, following on the heels of a similar auction last September that was very diverse and well attended. remarkably to me, only a few years ago there were perhaps 20-40 listings at eBay and the real great items had to be found with the right search words. in the last few months eBay has added a seperate sub-category under Exonumia for So-Called Dollars with perhaps 150-200 items listed there at any time.
the downside for me is that more interest means higher prices at the pump!!!
want to collect something of historic importance,
beauty and social relevance, that is not over
priced.
Camelot
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)