Is that heavy mark on liberty's cheek a contact mark or was that a mint caused defect?
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
The Pan Pac octagonal or round are good ideas, as are many of the others listed above.
My personal choice would be the 1916 Double Die Obverse Buffalo in AU55 or 58. PCGS has only graded 6 of these in MS and it is such a great looking variety that stands out. Just look at Konykewest's icon -- what a great look. Although I am a Buffalo collector, the 3 Legger and 18/7-D don't appeal that much to me but I hope someday to own a nice 16 DDO (hey, it's okay to dream!).
"Look up, old boy, and see what you get." -William Bonney.
<< <i>I was going to say a 74 CC arrows dime. I guess I havn't looked at prices for these in a long time. AU58 is about the best you could do in that price range. >>
There is no 58, unless the 53 I owned has been cracked and upgraded. The 53 is (was) the highest graded circulated 74-CC. Above that, there are 3 known MS coins.
I think a nice gift would be a complete unc and proof set of $50 1oz AGE's. You'll always have the bullion value to fall back on. And this set would probably outperform most anything else out there over the next 5 yrs, with far less market risk imo. I'd rather have this than the gem peace dollar set.
If the grandson doesn't like it in 3-5 yrs, grandpa can have his $100K back, and the kid can take the remaining $100K and buy something else. win-win
I thought it over and still think if i was the customer I would for sure pick the 1796 Quarter. If fulfills the MS requirement, You can find an Nice MS64 for 80K-100K. It has a unique one year design. It's a quarter which Is classic. Not some Pan Pac coin that most people don't have a clue about. The only downside is it's not Gold, but I think Gold is overrated. It's not half as pretty as a nice toned silver coin. You either get nice gold or scuzzy dirty Gold, but silver can be beautiful like art.
Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
My youngest son (15) was looking up some information in his Red Book this afternoon, when he ran across a picture of the Pan Pac. I guess he had never seen or registered the coin before. He asked me a few questions and went on about how cool it was.
FWIW
As for me, I'd be more inclined for something else, but for mass appeal, I don't see how the Pan Pac could ever not have it. I got to hold one in my hand at the Seattle ANA way back in 1990 (or was it '91) ... damn I'm getting old ... LOL ... but I do remember this, it was one heck of a coin ... and an experience I will never forget
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
How old is this lad? 1 coin? I'd wager that he would enjoy an entire collection, say of Buffalo nickels or Walking Liberty half dollars.... that was upgradeable much more than staring at one coin all his life.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
Ok, I have my bias ..... how about any federal coin from the 18th century. These are true rarities with lots of reasons why they should increase in value over time and they all have a wonderful story to tell.
There are so many to chose from which could be bought in the finest condition that your client's budget allows. I would try to find something in AU or better.
For $100k you could get a nice AU Chain Cent or an MS Wreath. Or a 1795 $10 in MS, or a 96 or 97 in AU?
A 1794 $1 would be very cool but you'll only get a low grade for $100k. You could get a nice AU 1794 50c.
Nothing compares to a high grade, original coin from that era. Think of the history!
I am taking the best of all your suggestions and will now present them to our customer. I'll let you know which coins make it to his "short list." >>
is he interested in future resale / marketability potential with his "well known" request? >>
My take on his request is that he would like to spark his grandson's interest in coins, and thinks that one way to do it is to get him started with a well known coin of high value.
I guess it is akin to giving your grandson a Picasso when he graduates college, as opposed to a Wnuckishinsky painting. The Wnuckishinsky may have more appeal to specialists in a particular sub-catagory of paintings, but most folks have heard of Picasso.
If that is his overarching goal (vs. also having the coin appreciate in value and/or buying a coin that HE likes), then TDN's suggestion makes more sense.
Give the kid some coins, and work with him to finish the set. That is how my grandmother hooked me on coin collecting. I still have vivid memories of the time that she took me to an ANA convention in Miami Beach in 1967.
Member: EAC, NBS, C4, CWTS, ANA
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
Large coins are usually more desired by novices. From the OP list I would choose the early $10 in MS 63, larger than a modern half dollar and a very impressive gold coin. I would also recommend an early dollar, either flowing hair or draped bust. I personally prefer the draped bust design. Early dollars are awesome in MS, it would be a truly special coin from the first US Mint.
Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
Comments
<< <i>Bought right at 88k......worth 100k imo.
Is that heavy mark on liberty's cheek a contact mark or was that a mint caused defect?
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
My personal choice would be the 1916 Double Die Obverse Buffalo in AU55 or 58. PCGS has only graded 6 of these in MS and it is such a great looking variety that stands out. Just look at Konykewest's icon -- what a great look. Although I am a Buffalo collector, the 3 Legger and 18/7-D don't appeal that much to me but I hope someday to own a nice 16 DDO (hey, it's okay to dream!).
"Look up, old boy, and see what you get." -William Bonney.
How about both $50 panpacs in ms60?
High relief Saint should be it, or how about putting together a Type set of Gold in one holder so he can marvel at several gold coins.
the 1895 silver dollar and 1916 Quarter are cool as well, but we are collectors. Go for the gold, it will mean the most.
<< <i>I was going to say a 74 CC arrows dime. I guess I havn't looked at prices for these in a long time. AU58 is about the best you could do in that price range. >>
There is no 58, unless the 53 I owned has been cracked and upgraded. The 53 is (was) the highest graded circulated 74-CC. Above that, there are 3 known MS coins.
probably outperform most anything else out there over the next 5 yrs, with far less market risk imo. I'd rather have this than the gem peace dollar set.
If the grandson doesn't like it in 3-5 yrs, grandpa can have his $100K back, and the kid can take the remaining $100K and buy something else. win-win
roadrunner
No you can't. Not CAC'd. More like $150k+
MS62 for that price range
My youngest son (15) was looking up some information in his Red Book this afternoon, when he ran across a picture of the Pan Pac. I guess he had never seen or registered the coin before. He asked me a few questions and went on about how cool it was.
FWIW
As for me, I'd be more inclined for something else, but for mass appeal, I don't see how the Pan Pac could ever not have it. I got to hold one in my hand at the Seattle ANA way back in 1990 (or was it '91) ... damn I'm getting old ... LOL ... but I do remember this, it was one heck of a coin ... and an experience I will never forget
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Edited: oops - I missed that it was suggested a few posts up
Top 10 Cal Fractional Type Set
successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Downtown1974, Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Proofcollection, Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)
There are so many to chose from which could be bought in the finest condition that your client's budget allows. I would try to find something in AU or better.
For $100k you could get a nice AU Chain Cent or an MS Wreath. Or a 1795 $10 in MS, or a 96 or 97 in AU?
A 1794 $1 would be very cool but you'll only get a low grade for $100k. You could get a nice AU 1794 50c.
Nothing compares to a high grade, original coin from that era. Think of the history!
This may have been already mentioned, but what about an awesome mint state Quarter Eagle or Half Eagle example from one of the branch mints?
I am taking the best of all your suggestions and will now present them to our customer. I'll let you know which coins make it to his "short list."
Coin Rarities Online
<< <i>Some really teriffic ideas here.
I am taking the best of all your suggestions and will now present them to our customer. I'll let you know which coins make it to his "short list." >>
is he interested in future resale / marketability potential with his "well known" request?
halfnut X3, Dabigkahuna, Kaelasdad, LALASD4, harvey85422458,
fivecents, Coll3ctor, cucamongacoin, Becoka
<< <i>
<< <i>Some really teriffic ideas here.
I am taking the best of all your suggestions and will now present them to our customer. I'll let you know which coins make it to his "short list." >>
is he interested in future resale / marketability potential with his "well known" request? >>
My take on his request is that he would like to spark his grandson's interest in coins, and thinks that one way to do it is to get him started with a well known coin of high value.
I guess it is akin to giving your grandson a Picasso when he graduates college, as opposed to a Wnuckishinsky painting. The Wnuckishinsky may have more appeal to specialists in a particular sub-catagory of paintings, but most folks have heard of Picasso.
Coin Rarities Online
Give the kid some coins, and work with him to finish the set. That is how my grandmother hooked me on coin collecting. I still have vivid memories of the time that she took me to an ANA convention in Miami Beach in 1967.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
The two that always got me: (though you'd have to ditch the really high grades for the budget)
1792 Half Disme
1848 CAL Quarter Eagle.
IF you could ignore the "one coin" idea.......
Why not a seated proof set?