An Amazing Coin and an Interesting Analysis by Anaconda
Baley
Posts: 22,660 ✭✭✭✭✭
Liberty: Parent of Science & Industry
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Baley
Posts: 22,660 ✭✭✭✭✭
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-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
Edited cause I can't spell.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Hurry hurry, gather round!
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>And only 75G's? Hurry hurry, gather round! >>
And $12 for shipping too.
PS : I bet that he'll throw shipping in for free to seal the deal
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>And $12 for shipping too.
That reminds me of the $20 they had to tack on to the sale price of the 1933 Saint.
jom
But what I liked though, besides the pics, is the concise summary of the main groups of people who buy rare coins and why they do it, along with a fairly good analysis of supply and demand factors.
Nice job, Adrian
Liberty: Parent of Science & Industry
Check out a Vanguard Roth IRA.
jom
heard something on the radio recently about the number of billionaires in America now is at an all time high.
what kind of ride is in store for this market if just one or two of them catch the bug?
I'm curious if anyone has seen a published price for one, or a sale of a 69 half. I have seen Barber quarters in Proof 69 Cam, and am familiar with the sales(only a couple). Also, there have been several MS 68 halves sold in the last 5 years.
If you have seen this, post your information. I'm not criticizing the price on this one, just looking for comparables.
U.S. Coin Forums September 2 "Greysheet is losing credibility fast"
Quote by yours truly, <<<Thursday September 02, 2004 5:25 PM
Just an observation of mine, it may have been described elsewhere and better stated: it seems that within numismatics, there are those who are more “collector” types and those who are “investor” oriented. I visualize it as a continuum, with pure “collectors” on one end and pure “investors” on the other end. Actual individuals representing these two extremes would be rare—the one who collects for pure subjective reasons: “I LIKE it, doesn’t matter the cost or care if appreciates in value” or the “investor” who doesn’t really care about coins at all, just so long as they increase in value to meet his/her goals. Most everyone falls somewhere in between, more towards one or the other pole--perhaps varies per coin type or series or even on an individual coin level. They may move side to side on a daily basis, or over time, migrate towards one pole or the other. Children starting out tend to be pure “collectors” (who yet may understand the concept of appreciation in value) and then as they mature, add value to their “collecting” goals. I can only speculate where pure “investors” come from. I bet some of you have ideas ... Most on this site seem to both LIKE COINS and LIKE that they can increase in value, but likely differ in which coins/series/types they lean one way or the other. One may “collect” toned Morgans and but “invest” in underpriced Barbers, meaning they only like the Barber series for what money it can make them to buy more Morgans!
In this dialogue, I am proposing karldork is talking more “collecting” side and CoynClecter talking more “investing” side. They are arguing in either/or fallacy so will never get past apples and oranges, or …. karldork is just ‘stirring the pot.’ Some might like the coin market to more like a Walmart or other retail store... >>>
IMO, it helps in analyzing our own approach and motives in collecting and in discussion with others to save time in miscommunication.
don
<< <i>what kind of ride is in store for this market if just one or two of them catch the bug? >>
That's very true but I also won't want to be around when one of these billionaires "sneezes" and leaves the market. The impending crash would leave many crying and "nashing" their teeth....to use a biblical phase.
jom
what kind of ride? ... it sounds like a white knuckle roller coaster....it would drop sharp and curve around but do you think its likly to actually jump the track and crash? Coin collecting hobby itself is too old and more resistant now from vast e-connected collector base. Interesting to think of differences and similarities of current market with that of the late 80s decline/crash?
But wouldn't it be interesting if lots of fairly wealthy people gradually learned that a pretty old coin is a cool thing to own... maybe I'll buy a few and learn more about them...
that's more what i think is happening in coins of all levels... more and more folks are seeing a change in their change, and thinking "let's check eBay for some old coins" and are finding this site, &etc..
Liberty: Parent of Science & Industry
I think he's stated that he pays strong money for really special coins and tries to make 5-15%.
Liberty: Parent of Science & Industry
K S
I'm curious if anyone has seen a published price for one, or a sale of a 69 half. I have seen Barber quarters in Proof 69 Cam, and am familiar with the sales(only a couple). Also, there have been several MS 68 halves sold in the last 5 years.
When this 68 CAM sold last year there were no cams graded higher by either service (according to Heritage). There's always the chance this is an upgrade of that same PCGS 68CAM, the area under the eye looks similar anyway.
Very, very nice coin, but don't you think that Adrian should pay for the shipping if someone actually bids $75,000? He is charging $12 for flat rate. Geesh. Love the coin though.
Is it a PR-68 or a PR-69? What would the price be if it were "only" graded PR-68?
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
<< <i>that's more what i think is happening in coins of all levels... more and more folks are seeing a change in their change, and thinking "let's check eBay for some old coins" and are finding this site, &etc.. >>
I've always kind of wondered that maybe our stagnant coin designs had something to do with lack of interesting in older coins. With all the new changes in coins and currency (barely) there might end up being some "strong" new interest in the near future.
<< <i>the area under the eye looks similar anyway. >>
Too "bad" these coins are so close to perfection you can't use your normal way of detecting whether they are the same. This must be your worst nightmare. lol
jom
Hell, I don't need to exercise.....I get enough just pushing my luck.
<< <i> I must admit that the pictures with the graph paper reflections in the mirrors are a nice touch! >>
That's exactly what I was thinking. Incredible.
And now we have 2 people who, for some reason, refuse to read the text
Liberty: Parent of Science & Industry
Funny how folks mention the $12 shipping charge (as if someone contemplating a $75K "buy it now" is going to balk at a shipping charge, "on principle"? I guess)
Not at all. Someone willing to spend $75K on a coin would not care about the shipping charge. I was more wondering what the seller was thinking. It would cost a lot of money to ship that coin, unless the seller has a very high limit on his 3rd party insurance policy. I just thought that it was funny to charge shipping of only $12 on such a rare coin. If I had a customer buying a coin for $75K, I would spring for shipping/insurance. Heck, I would probably get on a plane and hand deliver the coin at that price level. Also, I doubt very seriously that anyone will buy that coin on eBay for $75,000. As someone pointed out earlier, didn't an 1895 half in an NGC PF-68 CAM holder sell recently for $19,000??? Would you rather have a PF-68 CAM and $55,000 in bonus cash, or a PF-69 with no extra cabbage? The answer will vary from person to person, but you probably know my answer.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
i should be buying few more e-bay shares....
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.