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If you were going to a major coin show
chipper10
Posts: 326
like the Whitman show in Baltimore in about 4 weeks but only had a budget of $6K for the show what would you be looking to buy in the realm of pre 1933 coins?
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<< <i>......only had a budget of $6K. I would be hoping not to wake up from this DREAM!!! >>
<< <i>......only had a budget of $6K. I would be hoping not to wake up from this DREAM!!! >>
I phrased it that way because there will be coins there priced at 100X my budget and there are some here that buy those kinds of coins
6K would be fun to play with!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Well it depends on what you collect. If type in general, I'd say a PQ bust half or a nice classic head large cent. >>
I'm all over the place with my collecting. I have a couple AU Bust Halves already some Liberty Head Double Eagles, Saints, Morgans etc. I'm thinking hard about at least one nice Seated Half and maybe and really nice IHC. Standing Liberty Quarters are interesting too. I'm leaving for the Penguins game in Pittsburgh right now (wife is yelling at me to come on right now) I'll check this thread when I get home tonight.
1. An exceptionally well-struck 1921 Peace, MS-65: ~$2000
2. An 1854-S Gold $1, AU-55: ~$1400
3. An 1875-CC Twenty Cent piece, MS 60: ~$1800
4. 1864 2C, MS-63 RB, ~$200
5. 1865 3CN, MS-63: ~$175
6. Test my fledgling grading skills by getting 2 $100 raw coins and having them graded onsite
7. A $75-100 ancient coin I know nothing about while enjoying an amazing story from a knowledgeable dealer about the historical significance of it.
8. A $15 book
9. Happy with my purchases, I'd use the handful of dollars I have left to go to the nearest McDonald's and buy a double quarter pounder with cheese meal, large sized, with a Dr. Pepper, some Hot Mustard Sauce to dip the fries in, and - since I'm on vacation and going all out- a hot apple pie.
Jacob
like the Whitman show in Baltimore in about 4 weeks but only had a budget of $6K for the show what would you be looking to buy in the realm of pre 1933 coins?
I would not be looking for anything in particular. I'd be looking at everything and considering my options.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
These are coins I have always wanted:
1. 1876 20 cent in AU
2. 1853-O A&R Half & quarter in AU
3. A CC gold coin
4. An upgrade to my 1875-CC 20 cent, in AU of course
5. Any CC Seated Dollar in F or above should about finish off the 6K
This. And, what I would focus on is the kinds of coins that are disappearing from today's marketplace, not stuff that can be obtained from dozens of dealers.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Listen to Andy. And don't limit yourself before you even see the offerings! Have fun too! I only collect 37-42 Pr so, easy for me - but I'd still look wide.
Best wishes,
Eric
In honor of the memory of Cpl. Michael E. Thompson
<< <i>In all seriousness (is that a word?) if I had that kind of cash I would look to pick up an eye-appealing example each of Charlotte and Dahlonega gold. Your preferences may vary. >>
I completely agree. With the recent disgorgement of two huge gold collections, there might be some around for a little while. Make sure you buy original surface examples in, of course, PCGS holders.
snap it up. Focusing on something specific, unless you are a collector looking for a special date or variety
to add to your collection, may keep you from encountering the cool stuff.
IIRC, I bought a 1955 Doubled Die Obverse Lincoln Cent in MS64BN and a 1864 Small Motto Two Cent Piece in 63 or 64 BN.
If I could go back in time, I'd buy the same 55 DDO or try to find a 64 RB...or I'd buy the nicest Fugio I could find.
When you save up a nice sum of money like this, I always think it's better to buy one or two hard to get coins rather than several relatively inexpensive coins.
<< <i>I did this exact scenario in 2004 or 2005...went to my first Baltimore show (which was also my first major show) with $6K to spend.
IIRC, I bought a 1955 Doubled Die Obverse Lincoln Cent in MS64BN and a 1864 Small Motto Two Cent Piece in 63 or 64 BN.
If I could go back in time, I'd buy the same 55 DDO or try to find a 64 RB...or I'd buy the nicest Fugio I could find.
When you save up a nice sum of money like this, I always think it's better to buy one or two hard to get coins rather than several relatively inexpensive coins. >>
One of the problems with going to a show with a full wallet and high expectations is that you tend to buy the wrong stuff because you feel the money burning a hole in your pocket. My advice would be to leave the money home and go with the intention of looking at a lot of coins and making 6 new coin contacts. If there is something you really need to buy, you cold probably hold it with a handshake or even a credit card. The experience will be much better if you are not pressured to blow your war chest.
There are only 5 1958 Jefferson nickel DCAMs in PCGS holders (2 in 67, 3 in 68). PCGS price guide is now $5500.00,
it was about half of that.
I actually thought I had a chance of getting this one.
It went for much more than I expected it to. PCGS price guide now is $5000.00, it was also about half of that.
What will happen the next time similar coins come up? I don't know, but hopefully the guys with lots of money aren't
looking then. I did get this one. So I guess I can't complain.
<< <i>If I had that for the FUN show I would have tried for this.
There are only 5 1958 Jefferson nickel DCAMs in PCGS holders (2 in 67, 3 in 68). PCGS price guide is now $5500.00,
it was about half of that.
I actually thought I had a chance of getting this one.
It went for much more than I expected it to. PCGS price guide now is $5000.00, it was also about half of that.
What will happen the next time similar coins come up? I don't know, but hopefully the guys with lots of money aren't
looking then. >>
I will tell you what not to do, dabble in moderns or ultra high grades unless you are already a player in that market and know exactly what to look for. I agree with the members who say type gold coins with a multilayer original skinned in a PCGS holder (points added for OGH) in conservatively graded XF 40 from the southern mints.
Seriously, I would be looking for either a few nice error coins or a few type coins. There are to many holes in my collection to be more specific than that without doing some serious research.
Ray
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
<< <i>So MLC does collect 'moderns'---veeery interesting.
For some reason, I just can't resist 55 DDO Lincolns. I think they are awesome.
This probably comes from all those years wishing I had one when I was a kid.
The thing about coins is, you have to buy when the good ones show up, which is not necessarily the same time that you have the money to pay for them
So don't feel like you have spend 6K just because you have it.
Tom B.
I will be there for the early buyers session on Thursday at opening.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.<< <i>At only $6K that's going to be tough. I generally only attend large shows if I have in excess of $250K to spend, although sometimes I will make an exception. >>
POTD! Me Too!
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