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Higher grade, common date or Lower grade, better date
tjkillian
Posts: 5,578 ✭✭✭
Which would you rather have for the same money: A higher grade, common date coin or a lower grade, better date. For example, a 1877 Indian in XF or a 1906 in MS-66 Red?
Tom
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rainbowroosie April 1, 2003
I'd have to say the 1877 XF.The MS will come along again.
Registry 1909-1958 Proof Lincolns
yep.
Liberty: Parent of Science & Industry
Tom
Give me some nicely struck Semi Keys instead of Over Priced high grade common coins and Barf Style traditional so called Key Coins. The 16D is a good example of a Barf coin in low grade. JMHO
Ken
Experience the World through Numismatics...it's more than you can imagine.
We'll use our hands and hearts and if we must we'll use our heads.
A PCGS 1906 MS66RD is a pop 13/1 coin [2 were recently made] and worth at least between 3 and 4K. It is a difficult coin to find and I've seen at least five of them that I wouldn't want to own. I can think of a least 2 high grade registry collections that are in need of this not so common upgrade. Wouldn't on my foggiest day consider trading mine for a plebian XF 1877.
That 06 is not common and if it was a choice between it and a XF 77 the 06 would win every time untill all that were graded were in my possession and then the 77 would be purchased.
Ken
...Yet. I'm not at the point where I need to be worrying about "better dates"
Is this what you mean by lower grade, better date?
I think that my opinion is so widespread among collectors of series that some common date coins are actually selling too cheaply. My favorite series is Barber Dimes, where most already have an acceptable 1916 or 1892. These and other common dates in AU rarely bring CDN bid on eBay, but an AG to VG 1896-0 or 1913-S routinely bring well over Red Book or Trends.
<< <i>Truth is, key dates are a DIME A DOZEN. >>
Maybe so, but the key dates are always the quick sellers, where as the high grade common coins will sit in the dealers case until the right collector comes along. How many times have you heard dealers say they could have sold 20 1916-D's at a show if they had them.
I buy and sell key and semi-key coins as they are quick sellers maintain their value and tend to rise in value at a higher rate than common coins.
For my own collection which is basically a type set, give me the best looking coin possible. I show my type set to mostly non-collectors. The ooohhss and aaahhss are always over the great looking coins never the lower grade rare coins.
Joe.
<< <i>
For my own collection which is basically a type set, give me the best looking coin possible. I show my type set to mostly non-collectors. The ooohhss and aaahhss are always over the great looking coins never the lower grade rare coins.
>>
Exactly, Im going to collect the set that I can afford to collect in high grades, I like to hear ohhs and ahhs no matter whos looking at my coins!
vegitable dish or a typical piece of meat?". A collector can decide for himself
which "dishes" go to make up a collection while a diner does well to try to
maintain balance.
If it's seated half dime whitch I collect by date&MM, I don't want to miss a key date when it appears.
But when it comes to otheres whitch I collect as type, I would like to choose one in better condition.
Which is why I tend to lambast the eBayers who tout certain coins like the 93-S Morgan as very rare etc. when in reality it is merely scarce. There are usually a dozen or so up on eBay at any given time; hardly the mark of a rare coin. The same cannot be said for the 1804 Dollar.
For a number of reasons I would prefer a nice lower grade key or semi-key date coin.
<< <i>. The possibility of huge numbers being graded is just about nil. I would say a common coin is a coin after 1932 that does still have the chance on many being graded.
Ken >>
There are many "common" coins made after 1932 with virtually no chance of many more being graded.
Not all of these coins were saved in substantial numbers and some were made so poorly that even if
all had been saved there would be little chance of large numbers of high grade coins existing.
Really? Pick me up some 1901-S quaters, would you please? The hobby revolves around semi-keys and keys; comments about pop top coins not withstanding. During coin market downturns, it's the better dates that sell and they sell in all grades.
My personal preference is to own the 06 as it show the beauty and design of the coin. As has been said before most keys can be picked up almost anytime. The arguement of its increase in value in the coming years is moot unless you collecting as an investment. If your goals are just to have a coin of every date in the series then buy the key, but I doubt if you will take it out and look at it and admire it as much as you do the 66 red. To me the 06 is the better collecting value.
With all due respect, are you 100% certain that's an 1877? It had a strong N in "ONE" on the reverse, and the Indian's last feather is between C and A, which suggests 1886 or later...
-matt
We ARE watching you.
Current high bidder is a newbie by his bid history - overpaying for everything.
We ARE watching you.
I hadn't caught that. Explains a lot.
We ARE watching you.
We ARE watching you.