I've started a US Commem collection
ajaan
Posts: 17,337 ✭✭✭✭✭
After 8+ years of collecting Canadian and World coins, I decided to start a US Commem 50c collection. I've always liked these halves and with prices the way they are, I thought now was as good a time as any to start. Due to financial restraints, I want to keep the coins at MS60-63. The two MS64 coins were picked up for under MS63 Bid.
My imaging isn't very proficient, but I think the Cleveland coin is way undergraded. The person I received the Vermont coin from is convinced it is a MS65 but with the huge jump in value between MS64 and MS65 on the coin, I think MS64 is correct. Aslo, do you think the Vermont was dipped and not properly rinsed?
Any comments on the coins are welcomed.
My imaging isn't very proficient, but I think the Cleveland coin is way undergraded. The person I received the Vermont coin from is convinced it is a MS65 but with the huge jump in value between MS64 and MS65 on the coin, I think MS64 is correct. Aslo, do you think the Vermont was dipped and not properly rinsed?
Any comments on the coins are welcomed.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
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We'll use our hands and hearts and if we must we'll use our heads.
the most fun I ever had putting a set together. Ya gotta love the hunt.
Cheers,
Bob
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>I hope RYK does not read this, but I think some of the modern commemoratives are attractive and dirt, dirt cheap. I think collecting a theme would be nice, such as Washington DC buildings. >>
First of all the market for these coins has been quiet for a while so I think they offer some real opportunities. Also you should look at the "spread" between grades. Sometimes the price difference an MS-63 and an MS-65 is so small that buying the lower grade coin does not make sense unless it is a super bargain.
If I might, may I give you some advice what you have purchased? Maybe I can help you with your future purchases.
Columbian - Looks like a nice attractive piece, but it has been dipped. Some people like that; others don't. Most original Columbians tend to be darkly toned.
Washington - Carver - This coin is original, BUT I don't care for this sort of dark toning, and a lot of other collectors don't care for it either. I'd look for a white (untoned) coin for this type.
Vermont - This coin has also been dipped and some of the dipping solution was not properly removed after the procedure. The toning you see here is the result of that. It might be done toning, or it could keep going. When I see a "white" coin like this, I look to see if the coin is in an "old holder." White and old holder means the coin is stable.
Sesqui - This coin was struck in very low relief and often is not very attractive. MS-63 is a decent grade, and this coin is okay for the type. I have a very nice MS-64 in my set, but I bought it five or six years ago when the prices were much higher. I don't mind since I'm not looking to sell, but I think prices on this coin have gone about low as they ought to go.
San Diego - This is one of the those commemoratives that has a small spread going up into the higher grades. Given your budget, you could have had a nice MS-65 for the type for $150 or so. This coin tends to come in high grade. An MS-64 would have cost you very little more.
Pilgrim - The coin has been dipped and appears to be a little dull. The last grade before prices really go up is MS-64, and that was my target grade with I was working on my set.
Oregon - Dipped with sort of an odd, shiney luster which explains the MS-62 grade despite at lack of marks.
Maine - Unfortunately this coin has been way over dipped which has left it with a dull, washed out finish. I don't think that PCGS or NGC would have graded this, which is one of the reasons why I tend to stick with the "big two" companies. Generally I prefer PCGS graded commemorative coins.
Cleveland - This coin looks better than an MS-62, but it has been dipped which may have affected the luster. Mark-wise it's nice, but the luster might be slightly impaired with accounts for the MS-62. Generally dipped coins are never graded higher than MS-64 by the "big two."
Arkansas - Looks to be a decent example of the type. This is not my favorite commemorative when it comes to design. I'd say you won't need to ever think of upgrading those one unless you are going for an "ultra grade" registry set.
Have fun, Ajaan. Sawasdee!
Sawasdee bee mai
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
However, know you are "all-in" for a complete type set, at least, once you buy a Hudson. That's the "line in the sand," historically among those commem collectors I know, that turned them into seriously dedicated individuals to finish and continuously improve their sets.
Good luck. Anytime you need advice, PM me.
I thought they were a bargins years ago. They still are!
100% Positive BST transactions
My favorite series. I managed 74 of the 144 before I came to the conclusion that my age and money were against me. Best of luck with your collecting.
Ron