Got my first $1000+ coin today!
dsessom
Posts: 2,282 ✭✭✭✭✭
I have been seriously collecting for three years now. I actually started when I was 12 or so, but back then it was all inexpensive, raw coins. Mostly late 19th and early 20th century type coins like IHCs, V nickels, barber and Mercury dimes, Barber and Standing quarters, etc. I lost interest at around 16 when I started driving and getting interested in girls.
Then about four years ago I came across some of my old coins and it sparked my interest again. For some reason, I have always been fond of V nickels so I started a new set. I started off raw but quickly learned that I would be better off going with professionally graded coins. Well, I quickly went from paying $40-$50 per coin to a couple hundered per coin. Then it got to where I was comfortable with a $500 spending limit on a coin, and then at $600 it started to sting a little, and that was just last year.
Well, after three years, I finally bought (actually did a trade plus cash) my first coin North of $1000. Actually, it was closer to $1200. I have never been so nervous, but at least it IS one of my dream coins and a nice key date to go into my V nickel registry set! When I came across it, I knew I had to find a way to get it. So after working out the details with Don at Gary Adkins Associates (thank you Don!) it's finally mine. WOOHOO!!!
1885 PCGS VF25 Liberty nickel (One of the best looking VF25's I have seen)
Then about four years ago I came across some of my old coins and it sparked my interest again. For some reason, I have always been fond of V nickels so I started a new set. I started off raw but quickly learned that I would be better off going with professionally graded coins. Well, I quickly went from paying $40-$50 per coin to a couple hundered per coin. Then it got to where I was comfortable with a $500 spending limit on a coin, and then at $600 it started to sting a little, and that was just last year.
Well, after three years, I finally bought (actually did a trade plus cash) my first coin North of $1000. Actually, it was closer to $1200. I have never been so nervous, but at least it IS one of my dream coins and a nice key date to go into my V nickel registry set! When I came across it, I knew I had to find a way to get it. So after working out the details with Don at Gary Adkins Associates (thank you Don!) it's finally mine. WOOHOO!!!
1885 PCGS VF25 Liberty nickel (One of the best looking VF25's I have seen)
Dwayne Sessom
0
Comments
I would be!
The name is LEE!
Empty Nest Collection
Matt’s Mattes
<< <i>I quickly went from paying $40-$50 per coin to a couple hundred >>
Those are words that spouses across the country dread to hear...
I remember when I finally got an 1885 for my Lib nickel set. It was a big milestone for me.
Enjoy it!!!
A scary but good feeling
Nice coin
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I remember my first expensive coins.
The first one was an 1877 Indian cent in Fine. It cost me $200. I also paid $130 for a 1909-S Indian in VF-EF.
My next one was a 1799 Bust Dollar in Choice VF. It cost me $210.
I lost money on the Indian cents because the market for them went south in the late 1960s. I sold the 1799 dollar for $550 a few years after I bought it, however.
All of this took place between 1966 and 1973.
<< <i>Well, I quickly went from paying $40-$50 per coin to a couple hundered per coin. >>
Wait until you make those infernal five and six figure purchases - that you didn't tell the wife about.
I remember my first $1,000 coin. A Good 4 ANACS Chain Cent. $2,300.00 Still have it, and still love it!
Good work!
Dave
Congratulations.
If you are going to stretch for a coin, always go for high quality, as you did here.
Excellent eye appeal.
Can't go wrong with a key
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
Trust me, as time goes on, you'll get used to paying $1000+ for a coin
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Most of the VF20-30 1885's I see look like this example (Another PCGS VF25 by the way!):
So, it's pretty easy to see the difference. Mine might be a little undergraded
It's hard to believe these two coins are both PCGS VF25's, but they are. I'm not sure why, but key dates in this series seem to be all over the place in grading.
That is a real nice coin.
Congratulations
Rob
It gets easier after that. Unfortunately.
Congrats on the coin.
Mike
Dennis
Like VOC Numismatics on facebook
EAC 6024
The next level of heart pounding acquisition is $10k+!
The first time I spent that kind of money on a coin was really nerve wracking.
U.S. Type Set
--- Jack Handy
Positive BST transactions with members - Tander123, Twincam, UtahCoin, ianrussell
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
In honor of the memory of Cpl. Michael E. Thompson
Something gold would have been my second guess. A key date V-nickel would have been way down the list. But I wholeheartedly approve.
I have never yet paid north of $1K for a coin, though I think I crossed the $900 barrier two or three times. Those particular coins were all worth north of $1K and I sold them thus, but I don't think I've ever forked over four figures for a single coin yet to this day.
INYNWHWeTrust-TexasNationals,ajaan,blu62vette
coinJP, Outhaul ,illini420,MICHAELDIXON, Fade to Black,epcjimi1,19Lyds,SNMAN,JerseyJoe, bigjpst, DMWJR , lordmarcovan, Weiss,Mfriday4962,UtahCoin,Downtown1974,pitboss,RichieURich,Bullsitter,JDsCoins,toyz4geo,jshaulis, mustanggt, SNMAN
Dwayne,
That is a very solid coin - and a Plus Grade for sure.
Don't think they Plus VF 25's - but for that coin - they
should make an exception.
Thanks for the comparison image as well... its hard
to believe that is the same grade. Your coin is vastly
superior. Congrats on the pick up.
[ BTW - the sting of paying $1000 does pass... wait
for the $2000 coin... you'll feel that one too ! ]
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
May all your future heavies be so wisely selected!
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>It's easy to see why you felt you had to have it!
May all your future heavies be so wisely selected! >>
When I first saw the images, I was in disbelief that it was a VF25. I have seen lots of 1885 nickels, and quite a few VF examples. This one is by far the best I have seen. In fact, it has similar eye appeal to many XF 1885's I have seen. Granted, there are very few XF examples of the 1885 nickel out there.
This coin is a pop 25 at PCGS in this grade. There are actually more MS62's, 63's, and 64's. (35, 57, 106 respectively)
It is interesting, once you get going, if you have your coins in the registry inventory, how much value ends up being there........I do not remember spending that much money!
My War Nickels https://www.pcgs.com/setregistry/nickels/jefferson-nickels-specialty-sets/jefferson-nickels-fs-basic-war-set-circulation-strikes-1942-1945/publishedset/94452
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Great looking '85. Are you thinking upgrade?
It is interesting, once you get going, if you have your coins in the registry inventory, how much value ends up being there........I do not remember spending that much money! >>
Nah. I don't plan on resubmitting it. Even if it were upped to a 35, the added value would only be $200 at most. Maybe some day...
I have thought the same thing about the registry. I look at the totals and think "How did I spend that much in such a short time"? And more importantly, how did my wife NOT miss it??? LMAO!
<< <i>Brace yourself, the sickness only worsens. Before long, you'll be dropping 3k on a single coin without batting an eye.
Great coin and I would say one of the best in the VF25 grade.
I just broke the $3500 limit, prior to that my highest was $1800 and that stung. I really didnt think of the price until this thread. This coin collecting is very addictive.
Gary
I know that feeling and once you break that "barrier," you'll do it again and again... and again.
Good luck & enjoy your coin...
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
100% Positive BST transactions