Home U.S. Coin Forum

Why do we even bother...

renomedphysrenomedphys Posts: 3,754 ✭✭✭✭✭
Last Fall a friend of my Wife's was over and they got started talking about coins. Don't ask why. The question of value and such always comes up, and I was asked to produce a "big-dog" coin so that they could see what it was all about. So I go over to my safe and look over what I've got on hand that has some "WOW" factor. I pull out this especially nice 55DDO in PCGS 64RD, probably the nicest one I've ever seen. Cost me like $13K. I bring it out, and the response kinda surprised me. The friend says, "You've got to be f-ing kidding me". I say, "Pretty neat, huh?" She says, "Wow! A coin from 1855! You have to be kidding me."

image

So being the dim-witted numismatist, I correct her, and show her the dramatic doubling, and try to explain what's so special about this somewhat dim but still red cent, and she says, "yeah, but it's only like 50 years old. Big deal."

Sigh! Next time I'm just going to grab a Maple-Leaf and call it good.

Comments

  • drwstr123drwstr123 Posts: 7,045 ✭✭✭✭✭
    Ya can lead a horse to water but....
  • mdwoodsmdwoods Posts: 5,557 ✭✭✭
    Hehe, that's a funny story. image
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    I showed a neighbor a 1943 P DDO Nickel in an NGC 66 FS Holder. The coin was unattributed and I purchased it at a show for $30. Sold it for $650.00 They couldn't believe that I paid $30 for a nickel in a plastic holder.

    hahaha image
    Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

    Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
  • WTCGWTCG Posts: 8,940 ✭✭✭
    That's exactly the reason why I keep a few ancient coins on hand for show-'n-tell with the non-collecting public. Some ancient coins can be had for only a few dollars and have far more appeal to the general public than a gem key date.
    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"
  • IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    Definitely go with the ancient coin idea, unless you have a nice Spanish colonial shipwreck coin to
    show to a non-collector. I have a chewed-up 8 Reales from a 1700's wreck that never fails to
    impress, and they can hold it in their hand!
  • JJMJJM Posts: 8,076 ✭✭✭✭✭
    people usually say to me " i wouldnt have thought you were into coin collecting", and " if I had that kind of extra cash, id buy a really nice car",.......whatever..........
    👍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, justindan
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭
    well this certainly proves that anyone that would pay a dime for nickel is a fool! image
  • RedTigerRedTiger Posts: 5,608
    For the most part, I avoid discussing valuation. There is no need to start public rumors about what I may or may not own. Fellow collectors at the local club will usually know which coins are valuable. Non-collectors don't need to know. If the "how much" question comes up, I'll answer "a few dollars." As for impressing non-collectors, old, shiny and gold tends to impress more than most. Stories are cool, too.
  • crypto79crypto79 Posts: 8,623
    That 43ddo was a nice find. I get a good response from chop marked Trade dollars from non-coin people. If you can connect them to history it is easier to digest. That why the supply & demand that makes the 55DDO special is lost on them. No history just pocket change.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Ah yes.... the old 'you gotta be crazy' syndrome. Have met it several times. It is incurable. Cheers, RickO
  • BillJonesBillJones Posts: 34,632 ✭✭✭✭✭
    Most non-collectors don't get it when you show them a coin with a modern design that is valuable. A 1955 doubled die cent, even with full mint red, does not mean much to a non-collector. Many of them don’t have eyesight to see the doubling.

    You can grab their attention with a piece of very old gold (an early $5 or $10 might do it; a $2.50 is too small) that is nothing like they have ever seen, or even a common $20 gold coin. At least the density of the piece screams value.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • DCWDCW Posts: 7,556 ✭✭✭✭✭
    What is most amazing about your story is that your wife's friend accepted that Lincoln could be on US coinage in "1855.". Five years before even becoming president. Amazing

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • NumisNumis Posts: 160
    Great story renomedphys. Well written and downright humorous!
  • MrEurekaMrEureka Posts: 24,388 ✭✭✭✭✭
    Ah yes.... the old 'you gotta be crazy' syndrome.

    Actually, they have a point.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.


  • << <i>For the most part, I avoid discussing valuation. There is no need to start public rumors about what I may or may not own. Fellow collectors at the local club will usually know which coins are valuable. Non-collectors don't need to know. If the "how much" question comes up, I'll answer "a few dollars." As for impressing non-collectors, old, shiny and gold tends to impress more than most. Stories are cool, too. >>



    image

    RT I would go even one step further and not bring it up at all. Even the best intentioned friend or acquaintance (family member?) might be inclined to mention "the crazy hobby" their friend has in company that could use that info to do harm. I only talk coins with my pop (who collects as well), and here of course.
  • coinkatcoinkat Posts: 23,700 ✭✭✭✭✭
    Wow from 1855...

    Amazing... issued even before Lincoln became President...

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

  • Its a relatively common for that to happen
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>So I go over to my safe and look over what I've got on hand that has some "WOW" factor. I pull out this especially nice 55DDO in PCGS 64RD... >>

    I think you'd have gotten a better reaction if you'd have shown them a handful of raw lower grade 19th century coins, including some of the "oddball" denominations like 2c, 3c, 20c, etc. and maybe some gold, too. And when I say "raw", I mean it- no flips or 2x2s or anything- just the coins. Let them hold the coins in their hands and look at them- you can't hurt G/VG/F coins without a lot of effort anyway.
  • Cam40Cam40 Posts: 8,146
    the more serious the collector, the least amount of company they have.
    its just not a hobby for the average person. too esoteric in nature for joe sixpack
  • leothelyonleothelyon Posts: 8,475 ✭✭✭✭✭


    << <i>Ya can lead a horse to water but.... >>



    ....but you can't bring a jackass to his senses.

    Is that how it goes?


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • I don't mind telling trusted close people, such as my mother or my wife's parents, how much specific coins are worth. I'm hesitant to show off gold coins to friends who are struggling economically--I feel it would reinforce a notion of separation and have vs. have-not, so I instead focus on common ground interests. It may be worth showing off more affordable coins--the ancients are a good idea, since they are very impressive in terms of age and history but can be had for amazingly little.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.
  • leothelyonleothelyon Posts: 8,475 ✭✭✭✭✭
    It's unrealistic to expect someone who is clueless about collecting anything (which is the key) to go from 0 to 60 mph with it.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    I used to visit a BM coin shop and the dealer had prices on the back of the flips.
    Sort of frustrating you had to ask about each coin in the case.

    One day I asked him why??? He said he got sick of people asking "why does that normal looking penny cost $800"

    image

    Ed
  • melvin289melvin289 Posts: 3,019
    A friend came to my house and saw a Monroe Commem in MS-65 on the coffee table. It had just came in the mail the day before. He asked about and I told him what I had paid. He said, "You paid $2500 for a half dollar." This guy is into hunting in a big way and I asked back, "How many guns do you own that cost over $2500?" He said, "Never mind."

    Ron
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • With inexperienced people, always just show them a common $50 roman denarius. It will blow most people away.
  • speetyspeety Posts: 5,424
    Two summers ago we had out our whole seated dollar set and invited our neighbor and collecting buddy over. One his journey he happens to mention that we had a $XXX collection at our house to the one neighbor between us. Well, it's the last time we've told him when we've had the set out...

    image
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭


    << <i>With inexperienced people, always just show them a common $50 roman denarius. It will blow most people away. >>



    Is the 50 DOLLAR Roman denarius made in China? image
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Gotta love us collectors.My wife hates all my coins,except tthe pretty ones.
    Great coins are not cheap,and cheap coins are not great!
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭


    << <i>

    << <i>With inexperienced people, always just show them a common $50 roman denarius. It will blow most people away. >>



    Is the 50 DOLLAR Roman denarius made in China? image >>

    Is that a penny as well?image
    Great coins are not cheap,and cheap coins are not great!
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Why do we even bother... >>


    We do it in the hopes that our "sparklies" catch the eye of a hidden obsessive compulsive disordered closet freak to which we can share our addictions. image








    Or we do it cause they asked.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • NewRoseNewRose Posts: 309 ✭✭
    I hate trying to show anything to anybody who isn't involved in coins some way.
    If they see a set of something they just say, "But this looked the same as the other one"
    Then I roll my eyes, and say look at the dates, and the reply is always the same, "That is the only place they are different"

    Sigh...

    Another comment is always this, YOU SPENT HOW MUCH!?!

    Successful BST transactions with: copperhunter (2010), Tdec1000 (2010), barrytrot (2011), kaz, (2011), Metalsman (2011), jimineez1 (2020), U1chicago (2020)

  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭
    [qIf they see a set of something they just say, "But this looked the same as the other one"
    Then I roll my eyes, and say look at the dates, and the reply is always the same, "That is the only place they are different"

    Sigh... >>

    It would seem the obvious response to this is to show non-coin-collecting people coins that *are* different, don't you think?
  • NewRoseNewRose Posts: 309 ✭✭


    << <i>[qIf they see a set of something they just say, "But this looked the same as the other one"
    Then I roll my eyes, and say look at the dates, and the reply is always the same, "That is the only place they are different"

    Sigh... >>

    It would seem the obvious response to this is to show non-coin-collecting people coins that *are* different, don't you think? >>



    If I'm showing them a set of a series though...
    Not like I have a type set laying around image

    Successful BST transactions with: copperhunter (2010), Tdec1000 (2010), barrytrot (2011), kaz, (2011), Metalsman (2011), jimineez1 (2020), U1chicago (2020)

  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>If I'm showing them a set of a series though...
    Not like I have a type set laying around image >>

    Ok- fair enough.

    Personally, I don't think that a set of a series is the first thing I'd suggest to attract the interest of non-collectors, but that's just me. image
  • leothelyonleothelyon Posts: 8,475 ✭✭✭✭✭
    Reminds me of my younger days when I'd stop by to see my parents and they had friends in town. I knew them from my parents card club evenings. But anyways, they were sharing photos of years gone by and they started showing me. Talk about fighting back your gigantic yawn attacks! I could care less what their grown up children were up to.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection



  • << <i>Ya can lead a horse to water but.... >>



    How true.

    You can lead a horse to water but a pencil needs to be lead. Or something like that?
    "To know the road ahead, ask those coming back"
  • PerryHallPerryHall Posts: 46,668 ✭✭✭✭✭
    If you want some real fun, show a heavily toned coin to a non-collector and try to explain that the tarnish makes your coin highly desirable.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Being a silver bug, I keep this piece around just to impress my ol'broke buds:

    image

    Usually does the job when they actually hold this 2.2 pound monster ! ! ! image

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file