There are spectacular values in ultra modern coins (like the plat coin that sold tonight which I posted) and then there are more speculative values like the MS70SF dime, which could possibly do very, very well for the buyer or do very poorly depending upon what happens from here. But, that is no different than many classic coins. I won't bore you here with specific classic examples - I think we can all agree they exist as well.
Let me tell you a quick story about a modern coin which draws on some parallels to this dime I think. A few years back, the (key date) pop 1 1995-W Silver Eagle in PCGS-PR70DCAM sold for the staggering price of around $13,000 on ebay!! I remember the laughter and jokes about that sales price level. The comments about how one day there will be hundreds of "70's" and the buyer will be buried in the coin. Well - turn the clock up 5-6 years to today. Still pop 1 at PCGS - even the NGC-PR70UC coins are trading now between $15,000-$20,000+ (I recently saw a posted buy on CCE by a major dealer for $15,000 for NGC coins) and the PCGS 1995-W traded hands a couple times privately since then - some are estimating the last sales price to be around $50,000 for the PCGS coin? Not sure - it was a private treaty. But, suffice it to say that $13,000 has multiplied a couple times since then.
While the 95-W was not a coin for me personally at $13,000 back then or at $50,000+ today as I do not collect that series, it was a spectacular buy for that buyer back then at $13,000. He was able to purchase more than 2 cans of soda with that purchase.
To each, his own. Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I collect both side of the spectrum personally... but regardless I do not degrade what others collect... so long as they do it because they WANT to do it and are not just following a crowd.
I collect both side of the spectrum personally... but regardless I do not degrade what others collect... so long as they do it because they WANT to do it and are not just following a crowd.
/ed >>
agreed. I'll never understand collecting Beanie Babies or Precious Moments, but everyone has their interests. If modern coinage would return to a mythical lady Liberty on the obverse similar to what our coinage was from about 1916-1930(think halves and quarters) I would be a full scale modern collector. Like the design we almost had for the small dollar in 1979. We almost had this beauty, but thanks to congress we got stuck with SBA instead.
Well, I'm going to go with the Pro-Life 70 club here and say. BRAVO! to the seller and buyer for a great done deal! But I'll also give my warning to the buyer, that you had better make certain that coin is PERFECT! Free of any lint nicks and of the smallest blemishes. And make sure the strike is PERFECT. Because all someone has to do to distroy your invested interest in that coin, is to find one tiny flaw that would cause this coin to be rejected by a true collector the 2nd time around. If you do find a flaw, will you return the coin? Or are you one of those label collectors and posters? Again, congrats to the seller and buyer,
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
Reminds me of beanie babies with the plastic tags. Or in breweriana, the Anheuser Busch mugs/steins which were recently issued for collectors (1970's thru present). The bottom eventually fell out.
Advanced collector of BREWERIANA. Early beer advertising (beer cans, tap knobs, foam scrapers, trays, tin signs, lithos, paper, etc)....My first love...U.S. COINS!
<< <i>Reminds me of beanie babies with the plastic tags. Or in breweriana, the Anheuser Busch mugs/steins which were recently issued for collectors (1970's thru present). The bottom eventually fell out. >>
No, I believe these pop top coins will hold their value as long as they have all the highest of qualities to keep them there. In the long run, if any are found to be flawed, I would be very concerned with recouping my money back.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
I also collect moderns too, but wouldn't pay $50 for that coin. Its the price that so many collectors at. I don't think very many modern registry nuts get this part. I always chortle when I see a registry nut try to defend the price by saying something like "not many people realize how many coins one has to go through". It's not that they don't realize its that they don't care if its one thousand or one billion.
Any one that would go through several thousand roosie's needs serious medical attention anyway.
<< <i>I also collect moderns too, but wouldn't pay $50 for that coin. Its the price that so many collectors at. I don't think very many modern registry nuts get this part. I always chortle when I see a registry nut try to defend the price by saying something like "not many people realize how many coins one has to go through". It's not that they don't realize its that they don't care if its one thousand or one billion.
Any one that would go through several thousand roosie's needs serious medical attention anyway. >>
Let's put all those who are paying that kind of money on one side of the room and all those who think it's foolish on the other side and see what happens! We could call it, Coins Anonymous and from there we could see who gets the most help! (and where's the, I'm about to lose my marbles emotican?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
The quest for the perfect coin is an affliction that has been around since coins started to be collected, whenever that was. I gave up on the quest sometime in the mid to late '70's after being a collector for about 10 years.
$6500 for a "perfect" 2007 dime? The reward is in the journey. In other words, with no journey there can be no reward. I would add that it wouldn't bother me to get paid $6500 or more for one of my clad dimes residing in my piggy bank. I might just have to check these out...
nah...
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
>>>>>> Some sound like they need to boost sales of their classics. Did your posts help?
Maybe that's what this thread is about... An excuse to post pictures of stuff he wants to sell...
Until this post, I thought the thread sprung from the pure arrogance of telling others what they should like and dislike, and how to spend their money.
<< <i>I also collect moderns too, but wouldn't pay $50 for that coin. Its the price that so many collectors at. I don't think very many modern registry nuts get this part. I always chortle when I see a registry nut try to defend the price by saying something like "not many people realize how many coins one has to go through". It's not that they don't realize its that they don't care if its one thousand or one billion.
Any one that would go through several thousand roosie's needs serious medical attention anyway. >>
How many bags of Large cents did our ancestors go through to find the 1804 cents or the '16-D dimes. There were many millions of large cents made and they were all checked and double checked.
Now there aren't really any left to check. They're all in slabs or 2 X 2 holders. Of course you can still find mercs to check but they've been looked at so many times the odds are stacked against you.
I hope that the classic-only know-it-alls keep their blinders on, and continue to collectively expose their lack of knowledge on the forum! They sure do a great job entertaining those board members who do have the knowledge and experience in (or at least open minds to) collecting both moderns and classics. I hope that they will continue their shallow and witless, although engaging rants so that they will keep missing all the great opportunities available, like that $100 key date plat Mitch mentioned that sold for just above melt on TT last night. There are so many ways to have fun with moderns that are lost to the classic-only simpletons' ignorance, stubborness and what seems to be a feeble twisted need for whatever sick joy they can gain by rudely putting down those who choose to collect moderns. That '05 $100 proof plat, a great example of what can be missed if one is too busy ego building, is a beautiful high-grade coin with a miniscule mintage purchased last night for (currently) just above melt, in a protective holder that has absolutely nothing to do with the coin's value. It doesn't get much better than that!
I hope that the classic-only know-it-alls keep their blinders on, and continue to collectively expose their lack of knowledge on the forum! There are so many ways to have fun with moderns that are lost to the classic-only simpletons' ignorance, stubborness and what seems to be a feeble twisted need for whatever sick joy they can gain by rudely putting down those who choose to collect moderns.
RegistryCoin, bravo!, and for the record I like that plat design...even if Liberty does look like she just went 10 rounds. I am certainly an ignorant simpleton and I freely admit my twisted need to bash ultra moderns. You ultra modern lovers are not thin-skinned...and that's a good thing. As I wrote earlier, I genuinely do admire your arguments (however misguided they may be.....arghhh, sorry, it's difficult keeping my twisted needs in check!).
I have yet to see the difference between a 69 and a 70. Maybe if somebody posted some nice, large pictures of a 69 and a 70 side-by-side, I'd be able to see the difference immediately. Otherwise, I think spending an exhorbitant amount for an MS70 coin when you could have gotten an MS69 alot cheaper is like throwing money into a fire.
Bob - What is your take on the classic coin that takes 10, 20, 30 - even up to the record (I am aware of) 63x to finally upgrade to the next grade where the coin adds up to $50,000 in instant value once in its new plastic? Is that coin an easier coin to "see the difference in grade" than the modern coin that grades 70 vs. 69?
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
RegistryCoin, bravo!, and for the record I like that plat design...even if Liberty does look like she just went 10 rounds. I am certainly an ignorant simpleton and I freely admit my twisted need to bash ultra moderns. You ultra modern lovers are not thin-skinned...and that's a good thing. As I wrote earlier, I genuinely do admire your arguments (however misguided they may be.....arghhh, sorry, it's difficult keeping my twisted needs in check!). >>
There's nothing wrong with a twisted need to bash moderns so long as you recognize it for what it is.
Coin collectors get sick, twisted love for coins so why shouldn't we get sick twisted hatred for others.
This does need to be kept in check though. Sure almost every in- dividual does an excellent job of keeping it in check but on rare occassion there are still attacks on the honesty, integrity, or san- ity of collectors and this really does cross a line.
I really believe if everyone could get over the fact that small change can't and never could be made out of silver and gold that there sim- ply wouldn't be much cause for bashing anything. A quarter wasn't small change in 1964. A cent or a nickel was small change. Now a penny or a nickel aren't really money at all and a quarter is just small change.
If you want to rail against this then rail against the politicians who have caused this to come about not small change or those who col- lect it. There's even less basis for complaining about all moderns since the only real sin of some of these coins is not being very old.
Should we throw the baby out because it's too young? ...or laugh at the parents for treasuring it?
Bob - What is your take on the classic coin that takes 10, 20, 30 - even up to the record (I am aware of) 63x to finally upgrade to the next grade where the coin adds up to $50,000 in instant value once in its new plastic?
just for the record many classic collectors laugh at this situation also. some of the best threads are when we find a classic coin with a huge price tag in a new holder only to have a member post a pic of it in a lower grade holder last year.
grade inflation is a huge topic and we have expert dealers stating that yesterday's xf45 is now au50 or higher.
an educated collector laughs at both situations and collects at the level he/she/it is comfortable at.
is this 2007 dime still available from the mint in original packaging? ;o)
Comments
Let me tell you a quick story about a modern coin which draws on some parallels to this dime I think. A few years back, the (key date) pop 1 1995-W Silver Eagle in PCGS-PR70DCAM sold for the staggering price of around $13,000 on ebay!! I remember the laughter and jokes about that sales price level. The comments about how one day there will be hundreds of "70's" and the buyer will be buried in the coin. Well - turn the clock up 5-6 years to today. Still pop 1 at PCGS - even the NGC-PR70UC coins are trading now between $15,000-$20,000+ (I recently saw a posted buy on CCE by a major dealer for $15,000 for NGC coins) and the PCGS 1995-W traded hands a couple times privately since then - some are estimating the last sales price to be around $50,000 for the PCGS coin? Not sure - it was a private treaty. But, suffice it to say that $13,000 has multiplied a couple times since then.
While the 95-W was not a coin for me personally at $13,000 back then or at $50,000+ today as I do not collect that series, it was a spectacular buy for that buyer back then at $13,000. He was able to purchase more than 2 cans of soda with that purchase.
To each, his own. Wondercoin
I collect both side of the spectrum personally... but regardless I do not degrade what others collect... so long as they do it because they WANT to do it and are not just following a crowd.
/ed
The Maddy Rae Collection
CURRENT BST OFFERINGS
<< <i>Hi-Five Wondercoin.
I collect both side of the spectrum personally... but regardless I do not degrade what others collect... so long as they do it because they WANT to do it and are not just following a crowd.
/ed >>
agreed. I'll never understand collecting Beanie Babies or Precious Moments, but everyone has their interests. If modern coinage would return to a mythical lady Liberty on the obverse similar to what our coinage was from about 1916-1930(think halves and quarters) I would be a full scale modern collector. Like the design we almost had for the small dollar in 1979. We almost had this beauty, but thanks to congress we got stuck with SBA instead.
Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin
#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
Again, congrats to the seller and buyer,
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>Reminds me of beanie babies with the plastic tags. Or in breweriana, the Anheuser Busch mugs/steins which were recently issued for collectors (1970's thru present). The bottom eventually fell out. >>
No, I believe these pop top coins will hold their value as long as they have all the highest of qualities to keep them there. In the long run, if any are found to be flawed, I would be very concerned with recouping my money back.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Any one that would go through several thousand roosie's needs serious medical attention anyway.
<< <i>I also collect moderns too, but wouldn't pay $50 for that coin. Its the price that so many collectors
Any one that would go through several thousand roosie's needs serious medical attention anyway.
Let's put all those who are paying that kind of money on one side of the room and all those who think it's foolish on the other side and see what happens! We could call it, Coins Anonymous and from there we could see who gets the most help! (and where's the, I'm about to lose my marbles emotican?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
$6500 for a "perfect" 2007 dime? The reward is in the journey. In other words, with no journey there can be no reward. I would add that it wouldn't bother me to get paid $6500 or more for one of my clad dimes residing in my piggy bank. I might just have to check these out...
nah...
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Some sound like they need to boost sales of their classics. Did your posts help?
>>>>>> Some sound like they need to boost sales of their classics. Did your posts help?
Maybe that's what this thread is about... An excuse to post pictures of stuff he wants to sell...
Until this post, I thought the thread sprung from the pure arrogance of telling others what they should like and dislike, and how to spend their money.
ABSilvercoins, sadly (very sadly) none of the coins I've listed our mine....but they are for sale on various sites popular to forum members.
I thought the thread sprung from the pure arrogance of telling others what they should like and dislike, and how to spend their money.
Now you're getting warmer.
<< <i>I also collect moderns too, but wouldn't pay $50 for that coin. Its the price that so many collectors
Any one that would go through several thousand roosie's needs serious medical attention anyway.
How many bags of Large cents did our ancestors go through
to find the 1804 cents or the '16-D dimes. There were many
millions of large cents made and they were all checked and
double checked.
Now there aren't really any left to check. They're all in slabs or
2 X 2 holders. Of course you can still find mercs to check but
they've been looked at so many times the odds are stacked
against you.
There are so many ways to have fun with moderns that are lost to the classic-only simpletons' ignorance, stubborness and what seems to be a feeble twisted need for whatever sick joy they can gain by rudely putting down those who choose to collect moderns.
That '05 $100 proof plat, a great example of what can be missed if one is too busy ego building, is a beautiful high-grade coin with a miniscule mintage purchased last night for (currently) just above melt, in a protective holder that has absolutely nothing to do with the coin's value. It doesn't get much better than that!
RegistryCoin, bravo!, and for the record I like that plat design...even if Liberty does look like she just went 10 rounds. I am certainly an ignorant simpleton and I freely admit my twisted need to bash ultra moderns. You ultra modern lovers are not thin-skinned...and that's a good thing. As I wrote earlier, I genuinely do admire your arguments (however misguided they may be.....arghhh, sorry, it's difficult keeping my twisted needs in check!).
<< <i>
RegistryCoin, bravo!, and for the record I like that plat design...even if Liberty does look like she just went 10 rounds.
Wondercoin
<< <i>
RegistryCoin, bravo!, and for the record I like that plat design...even if Liberty does look like she just went 10 rounds. I am certainly an ignorant simpleton and I freely admit my twisted need to bash ultra moderns. You ultra modern lovers are not thin-skinned...and that's a good thing. As I wrote earlier, I genuinely do admire your arguments (however misguided they may be.....arghhh, sorry, it's difficult keeping my twisted needs in check!).
There's nothing wrong with a twisted need to bash moderns so
long as you recognize it for what it is.
Coin collectors get sick, twisted love for coins so why shouldn't
we get sick twisted hatred for others.
This does need to be kept in check though. Sure almost every in-
dividual does an excellent job of keeping it in check but on rare
occassion there are still attacks on the honesty, integrity, or san-
ity of collectors and this really does cross a line.
I really believe if everyone could get over the fact that small change
can't and never could be made out of silver and gold that there sim-
ply wouldn't be much cause for bashing anything. A quarter wasn't
small change in 1964. A cent or a nickel was small change. Now a
penny or a nickel aren't really money at all and a quarter is just small
change.
If you want to rail against this then rail against the politicians who
have caused this to come about not small change or those who col-
lect it. There's even less basis for complaining about all moderns
since the only real sin of some of these coins is not being very old.
Should we throw the baby out because it's too young? ...or laugh
at the parents for treasuring it?
just for the record many classic collectors laugh at this situation also.
some of the best threads are when we find a classic coin with a huge
price tag in a new holder only to have a member post a pic of it in a
lower grade holder last year.
grade inflation is a huge topic and we have expert dealers stating
that yesterday's xf45 is now au50 or higher.
an educated collector laughs at both situations and collects at the
level he/she/it is comfortable at.
is this 2007 dime still available from the mint in original packaging? ;o)