building a "windfall" coin collection.
Weiss
Posts: 9,941 ✭✭✭✭✭
I first started metal detecting about 8 years ago, and by then I'd been a coin collector for about 20 years. I decided that instead of just cashing in my clad finds as I found them, I'd save them until the end of the year and then buy certified examples of the coins I'd like to find but that due to condition or rarity, would be unlikely to find. I wanted something to remind me of the sweat it takes to dig thousands of coins. A mini-trophy if you will.
Here's the list of what I've found and bought over the years, and what I paid for them:
1883-0 MS64 Dollar PCGS 7146.64/4637438 *1997 Finds $23.49
1878 7/8tf MS62 Dollar PCGS07070.62/7293009 *1998 Finds $62.79
1880-S MS65 Dollar PCGS7118.65/7624301 *1999 Finds $81.20
1935 MS64 Dollar PCGS7378.64/2690945 *1999 Finds $81.20
1885-0 MS62 Dollar IGC4545500101 *2000 Finds $27.11
1906 MS64RB Cent PCGS2224.64/7067933 *2001 Finds $53.16
1941-S MS66 Dime PCGS5032.66/7906908 *2002 Finds $33.72
1947-S MS65 Quarter PCGS5835.65/7941358 *2002 Finds $33.72
You can see 1999 was a banner year for me. Two gorgeous dollars for $162 (I averaged the price I paid, I think the peace was actually a little more expensive than the Morgan). 2000's IGC coin is at least CAM, but I think the grade is correct so I don't think it's worth cracking.
I wrote an article on detecting in 2001 that was published in one of the detecting magazines, and it seemed logical to spend the money on one of these windfall coins:
1930 MS60 Nickel PCI00001073280003 Jan '02 LT article $27.52
By now I had a nice collection of windfall slabs:
...so I wrote another article on how I clean my clad finds and how I use the money. That article was published, too!
1880-S MS64 Dollar NGC1279012-005 May '02 LT article $54.00
The reason for this long-winded post was that those of us who owned a Prudential life policy up until a couple years ago received shares of Pru stock when the company went public in 2002. The stock has appreciated nicely, from about $28 per share to about $54 Friday. They sent dividend checks last week. They don't offer a reinvestment option for the dividends, and unless you've got hudreds of shares, it isn't much anyway. But rather than piddle away that money, I used it to add another coin to the windfall collection last night:
Some of these coins have really appreciated nicely since I bought them, making the effort it took to aquire them that much sweeter. I posted a couple weeks ago about how most state treasurers have "lost money" searches on their websites. I found "$100+" that I've written away for. Guess what I'm doing with the money when it arrives
Here's the list of what I've found and bought over the years, and what I paid for them:
1883-0 MS64 Dollar PCGS 7146.64/4637438 *1997 Finds $23.49
1878 7/8tf MS62 Dollar PCGS07070.62/7293009 *1998 Finds $62.79
1880-S MS65 Dollar PCGS7118.65/7624301 *1999 Finds $81.20
1935 MS64 Dollar PCGS7378.64/2690945 *1999 Finds $81.20
1885-0 MS62 Dollar IGC4545500101 *2000 Finds $27.11
1906 MS64RB Cent PCGS2224.64/7067933 *2001 Finds $53.16
1941-S MS66 Dime PCGS5032.66/7906908 *2002 Finds $33.72
1947-S MS65 Quarter PCGS5835.65/7941358 *2002 Finds $33.72
You can see 1999 was a banner year for me. Two gorgeous dollars for $162 (I averaged the price I paid, I think the peace was actually a little more expensive than the Morgan). 2000's IGC coin is at least CAM, but I think the grade is correct so I don't think it's worth cracking.
I wrote an article on detecting in 2001 that was published in one of the detecting magazines, and it seemed logical to spend the money on one of these windfall coins:
1930 MS60 Nickel PCI00001073280003 Jan '02 LT article $27.52
By now I had a nice collection of windfall slabs:
...so I wrote another article on how I clean my clad finds and how I use the money. That article was published, too!
1880-S MS64 Dollar NGC1279012-005 May '02 LT article $54.00
The reason for this long-winded post was that those of us who owned a Prudential life policy up until a couple years ago received shares of Pru stock when the company went public in 2002. The stock has appreciated nicely, from about $28 per share to about $54 Friday. They sent dividend checks last week. They don't offer a reinvestment option for the dividends, and unless you've got hudreds of shares, it isn't much anyway. But rather than piddle away that money, I used it to add another coin to the windfall collection last night:
Some of these coins have really appreciated nicely since I bought them, making the effort it took to aquire them that much sweeter. I posted a couple weeks ago about how most state treasurers have "lost money" searches on their websites. I found "$100+" that I've written away for. Guess what I'm doing with the money when it arrives
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
0
Comments
-Wayne
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
i like the way you did this and i love your windfall collection
it is off to a great start!!!!!!!!!!!!!!!
michael
Interesting approach - good job
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since 8/1/6
Herb
Thank You
SilverDollar