Are all darkside coins considered to be widgets?

rec78

I mean,some(aactually a lot), of foriegn coins have very low mintages and very low values also. If not than what coins (non-US) with mintages of 100 or more are not considered to be widgets?. Any and all thoughts welcomed. Thanks, Bob

TwoKopeiki

What exactly is the definition of a widget?

MacCrimmon

<< <i>I mean,some(aactually a lot), of foriegn coins have very low mintages and very low values also. If not than what coins (non-US) with mintages of 100 or more are not considered to be widgets?. Any and all thoughts welcomed. Thanks, Bob >>




1212 Non-Widgets ---- Take your pick!

Doogy

<< <i>

<< <i>I mean,some(aactually a lot), of foriegn coins have very low mintages and very low values also. If not than what coins (non-US) with mintages of 100 or more are not considered to be widgets?. Any and all thoughts welcomed. Thanks, Bob >>




1212 Non-Widgets ---- Take your pick! >>




Ha! Mac beat me to it....................yeah, pick a "widget"

oh, and by the way........is the $1.3 million dollar Polish coin that Stacks recently sold a "widget" too? i think not.


Furthermore, the US dealers/collectors generally mean "widget" to mean "an easily replaced common date/mintmark/grade coin". The most common examples given are common date run-of-the-mill unciruclated Morgan dollars, Peace dollars, Walking Liberty halves, Franklin halves, et cetera. There are certainly darkside widgets too, as very high mintages and survival rates (and thus easy to find) abound. Although that doesn't mean that these coins will be as cheap as US widgets.

If you take a common date later Victorian penny for example, they minted tons of them, and a lot of them are available in MS state. Yet the prices are still above many/most of the most common US widgets listed above in the same grade.

For the record, I've never heard "widgets" applied to low mintage/scarce/rare coins, nor should they be. If a person needs to see the term of "widget" in it's practice, do this exercise: look at the PCGS and NGC population reports for the 1881-S US Morgan dollar. Once you choke at the sheer number that have been graded (let alone the sheer mass of ungraded coins, that people can't justify the expense for slabbing "widgets"), then look on ebay or any other site for the number of PCGS and NGC slabbed 1881-S dollars.

THAT my friend is the very definition of "widget": minted in huge numbers, very easily attainable on any day you choose, and low price

newbiecollector

I guess i just can not understand/accept the term widget. I see it used on the US coin forum all the time.

I have a LOT of darkside NCT coins, but I only have them because I like them. Personally, and I am talking just about me, if you like a coin.................then it will never be a "widget"

JMHO

gecko109

Here are a couple darkside pieces that I dont consider to be widgets because it could take you 50-100 coin shows to replace these in regards to the color.

coinkat

No... just significantly under appreciated by those that limit their collecting to the US border.

percyb

Would a darksider ask such a question??

7Jaguars

Widgets - I hardly think that classical foreign rarities fit in this category. There is a temptation however once a coin is encapsulated to think of it as a widget by virtue of the standardization that comes with such slabbing.

I really think of more recent bullion issues in "69" or "70" as being real widgets. Even Morgan dollars are more likely to fit in this category - just go to any major show and see the stacks of CC dollars, etc.

percyb

<< <i>

For the record, I've never heard "widgets" applied to low mintage/scarce/rare coins, nor should they be. If a person needs to see the term of "widget" in it's practice, do this exercise: look at the PCGS and NGC population reports for the 1881-S US Morgan dollar. Once you choke at the sheer number that have been graded (let alone the sheer mass of ungraded coins, that people can't justify the expense for slabbing "widgets"), then look on ebay or any other site for the number of PCGS and NGC slabbed 1881-S dollars.

THAT my friend is the very definition of "widget": minted in huge numbers, very easily attainable on any day you choose, and low price >>



Nicely said!

trozau

Whatever widgets are, they do not apply to darkside coins. Widgets are an exclusive of US coins. 'nuff said.

johnsim03

In my view, the term widget was invented by elitist coin collectors and dealers, to express displeasure
with what others dare take pleasure in collecting. Who are you (and I) to tell others what is supposed
to be collected, or not?

John

Hyperion

undervalued <> widget

7Jaguars

Yes, ditto that as I think it is rather a judgemental term as well.

Aethelred

I speak only for myself, but if there are some who do not appreciate the history, art or beauty of world coins that is fine with me.

I love the coins I collect for what they are, where and when they come from and for the long dead people who made and used them. I believe those people and their times deserve to be remembered. I believe that we would not be who and what we are were it not for those ancient Greeks, 1st Century Romans or medieval Englishmen who went before us.

I collect the coins I do because I love them, not because someone else tells me I should. If others do not appreciate them in the same way that I do so be it, I do not collect the coins I appreciate to please others.

weresteve

Whatever widgets are, they do not apply to darkside coins.

Gee ... that's funny ... I thought UK coins post decimalization struck for circulation could be considered widgets ... not to mention Euros, Mexican Pesos, Canadian Loonies and Twonies, etc ...

Preussen

Widgets are in the eye of the beholder. It seems to me that the term is meant to disparage any coin deemed unworthy by person making the comment. -Preussen

ccrdragon

Preussen and Johnsim03 have hit the nail on the head - widget is an elitist term first used (I believe) by Laura of Legend who while having a very good eye and reputation in the coin biz, is by any definition of the word an elitist when it comes to coins and what people should collect.

to me the term is very offensive and should never be used by the true collector - i.e. the person who collects coins because that is what he/she wants to do (as opposed to the person who accumulates coins as a way of gaining status and or bragging rights over others).

jmho