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Baltimore-How did "ordinary" coins do?

291fifth291fifth Posts: 24,421 ✭✭✭✭✭
in U.S. Coin Forum
I am really tired of reading about how "hot" the highest tier of the market is. How did ordinary coins do at Baltimore?
All glory is fleeting.

Comments

  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    I found MS63-65 slabbed Morgans,Walkers,Peace's at reasonable prices
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    my NEWPs from yesterday

    image
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • orevilleoreville Posts: 12,025 ✭✭✭✭✭
    Average California fractional gold pieces at the B&M auction went for slighly strong prices. A very few went for less money.

    My representative on the floor advises me that California Fractional golld supplies are drying up.
    A Collectors Universe poster since 1997!
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Who wants to hear about ordinary? And what is "ordinary", anyway? (Be careful with your definition--it might offend some collectors image )
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    to me ordinary is vf-ms64
    which is what I collect and love it
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • coinkatcoinkat Posts: 23,361 ✭✭✭✭✭
    sometimes ordinary is all that can be afforded...imageimage

    edited to add:

    I had no trouble selling some items for fair money.

    Experience the World through Numismatics...it's more than you can imagine.

  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    to me ordinary is vf-ms64

    In that case, nearly all of my coins are ordinary and most are in the lower end of the ordinary range. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • 291fifth291fifth Posts: 24,421 ✭✭✭✭✭


    << <i>Who wants to hear about ordinary? And what is "ordinary", anyway? (Be careful with your definition--it might offend some collectors image ) >>



    Ordinary coins are the type of coins that average collectors might own but that the high-end dealers ignore and call widgets.
    All glory is fleeting.
  • morgannut2morgannut2 Posts: 4,293 ✭
    By "ordinary" I take it you mean "stuff"--coins that you can find near sheet at 15 or 20 dealers. They were everywhere as collectors and dealers seemed to be selling them at small mark-ups or cost to buy really rare items that only come up once every 20 years. The exception was AU halfs and Dollars, there are some very aggressive buy orders for 1000 coin bags, and the prices are actually higher in the bags than in a dealer case raw -- for the comon/"ordinary" dates.image

    BTW--ultra original-undipped pretty "collector" grade (VF-XF) coins aren't stuff or "ordinary". These are bringing as big a price multiple as the highest price tier, you just don't hear about them, and they are just as tough to find. image
    morgannut2
  • ReeceReece Posts: 378 ✭✭✭
    Its all relative anyway. image
    RWK
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    I think there IS, and ALWAYS will be a market for all grades........
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • fcfc Posts: 12,793 ✭✭✭
    i think this hobby is due to correct itself in the next few years.
    over exuberance comes to mind.

  • morgannut2morgannut2 Posts: 4,293 ✭
    I can only say what I saw. Dealers did not want common ordinary Mint State 60-63 coins at any price unless they stole them. The honest ones really searched to buy clean, orginally toned, undipped slightly tougher denominations from Fine all the way to AU. That was the market I saw last week at auction and at dealers. They equally needed for the market very high grade eye-appealing material, but there is none except at auction.
    morgannut2
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    I hear MS-68 states coins were being bid at $9. image
    Tempus fugit.
  • morgannut2morgannut2 Posts: 4,293 ✭
    You'd think with Laura's "superior" contacts she could do better than $9!! image
    morgannut2
  • capecape Posts: 1,621 ✭
    im just back from baltimore and ordinary coins could be bought 5% to 10% back of bid! hard coins with premium quality for the grade brought really strong money!
    ed rodrigues
  • 291fifth291fifth Posts: 24,421 ✭✭✭✭✭
    Sounds to me like the "market" is now very much tiered. You better be holding the "right" coins or you are in trouble if you need to sell.
    All glory is fleeting.
  • Coin FinderCoin Finder Posts: 7,232 ✭✭✭✭✭
    How about all traditional Key dates in xf or lower?
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    sounds like the new (or same) benchmark has been set
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • capecape Posts: 1,621 ✭
    thebigeng, the tradional key dates will always be popular as they are wanted in all grades up till mint state for any collector.
    ed rodrigues
  • WTCGWTCG Posts: 8,940 ✭✭✭
    Generic and common date classic coins were strong at Baltimore.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • FatManFatMan Posts: 8,977 ✭


    << <i> im just back from baltimore and ordinary coins could be bought 5% to 10% back of bid!

    Generic and common date classic coins were strong at Baltimore. >>

    How can these two statements be reconciled. Anyone want to enlighten me?
  • GemineyeGemineye Posts: 5,374 ✭


    << <i>Who wants to hear about ordinary? And what is "ordinary", anyway? (Be careful with your definition--it might offend some collectors image ) >>



    Yea......Watch it Bub...!!!!!!!!!!!!!!!!!..........................................image
    ......Larry........image
  • WTCGWTCG Posts: 8,940 ✭✭✭


    << <i>

    << <i> im just back from baltimore and ordinary coins could be bought 5% to 10% back of bid!

    Generic and common date classic coins were strong at Baltimore. >>

    How can these two statements be reconciled. Anyone want to enlighten me? >>



    They're strong to me when I can buy coins at back of bid and I know that there is someone at the show who will buy the same coins sight unseen for slightly higher than bid.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • UncleWigglyUncleWiggly Posts: 2,467
    Ordinary coins means blast white 1881-S PCGS MS65 Morgans.



    Jerry
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    ordinary coins means all common date white or off-white Morgans in MS65 and below, as well as 95% of everything else you can find in quantity at any show

    Liberty: Parent of Science & Industry

  • DabigkahunaDabigkahuna Posts: 3,419


    Ordinary would be coins that I could afford.

    image






    imageimage



    Larry
    Dabigkahuna
    My Ebay Auctions
    image
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Who walks onto the bourse and says to himself/herself the following:

    "I feel it. Today is the day. I am going to buy something ordinary."

    ?

    image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • 291fifth291fifth Posts: 24,421 ✭✭✭✭✭


    << <i>Who walks onto the bourse and says to himself/herself the following:

    "I feel it. Today is the day. I am going to buy something ordinary."

    ?

    image >>



    Many collectors don't realize just how ordinary the coins they buy really are. Witness most Morgan collectors as an example.
    All glory is fleeting.
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    to me complete sets of "ordinary coins" are quite impressive,...I mean it is collecting, not just who has the biggest toys
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭


    << <i>Who walks onto the bourse and says to himself/herself the following:

    "I feel it. Today is the day. I am going to buy something ordinary."

    ?

    image >>



    Hey some coins are more ordinary than others. For example I went shopping for an ordinary nicely rainbow toned Morgan Saturday. You can ordinarily find dozens of then for sale on ebay, at auction via teletrade and heritage. image So I did get up Saturday morning and said to myself (ordinarily I don't speak to myself) go buy this coin dude.

    Edited to add, ordinarily I wouldn't have said this but it turned out to be a clashy and most likely a vam too. Just an ordinary clash though.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< im just back from baltimore and ordinary coins could be bought 5% to 10% back of bid!

    Generic and common date classic coins were strong at Baltimore. >>

    How can these two statements be reconciled. Anyone want to enlighten me? >>



    One statement came from a collector, the other from a dealer. Guess which is more likely to be accurate.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC

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