Does anyone care to divulge their initial strategy in the WS?
MrBreeze
Posts: 1,036 ✭✭✭
Since it did not cost me a dime (well, kind of), and I have already executed my strategy, I figure it is alright to talk about it. I think it would lend credence to a great deal of the movement in "real life" coins. I tried to get all of the coins that I like/collect in VF30-XF40. I think that is the sweet spot in the market right now (I may be crazy, but that's alright). I went with Seated quarters (S mints, O mints, and a few important P mints) and Barber Halves (96-o, 97-o, 97-s, 04-s, 13, 14, 15) for the bulk of my purchases. I also went with a few coins from the other Seated and Barber series. I also endulged a bit and bought an 1873-cc no arrows Seated Quarter. I figure it would be fun to pretend, that just for a few months, I had a chance to complete the series. Finally, I decided to play a little gold and bought as many MS66 Gold $50 Eagles as I could get. At $565, I figured that was the cheapest way to play the gold market. Finally, I threw in some coins I wanted to "own," just because I probably never will in real life.
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Edit: You changed the title to include WS. I thought you meant overall strategy. My post is irrelevant.
I got in several hours after it opened so no wisconsin errors
https://www.pcgs.com/SetRegistry/collectors-showcase/world-coins/one-coin-per-year-1600-2017/2422
My World Coin Type Set
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
Ken
Anyone else going for the big stuff?
Long term maybe the big coin is a holder in real life but this is short term. Short term, like this, you dump the widgets after the rise, if there is a rise.
Ken
<< <i>You'll lose. You're just a stupid head who takes pictures of old lady titties. >>
Huh ? You lost me there. PM and explain if you would.
973 Widgets owned right now.
Ken
BTW, up $2800 so far. That came from movement in the DCAM SMS Jeffersons I own, though.
Russ, NCNE
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>Most of the coins I bought wer 40K and up. I can't see buying dozens and dozens of pieces of "penny candy".
Anyone else going for the big stuff? >>
Hey, I bought a coin you need, googy.
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
It was interesting to go to buy coins I actually own and see they were already purchased.
It was also interesting to see that for World Series purposes I could buy some coins at very affordable prices that I have not been able to find in the marketplace. I trust my watch list coins will not drop in value, since I stand ready to buy them in real life for real dollars. I just hope that day comes sooner rather than later, and when it does, here's what follows:
Wondercoin.
But if I did my strategy would be as follows. The PCGS guide lags behind actual sales. I'd watch the auctions and other sources and chart what coins are selling above PCGS levels. Those are the ones that will move up in the coming months.