What is the most added value a doily would give?
RichardDawkins
Posts: 38
For example, my dad bought 3 WLH's 2 years ago. They were all common dates, and all MS 63. 2 OGHs, and 1 doily. I am sorry I don't have a photo of the doily, but I think it is a 1944. What would be the value of the coin, say...if it were sold on this board?
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peacockcoins
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They are so cute (this according to the little woman) that there will likely always be strong demand for them.
<< <i>IMO it is a fad and while there are a small group of collectors who compete for these giving the impression of a sustainable value add it is really a volatile market and what people see is often simply 2 bidders going at it and not representative of the market and certainly not indicative of a true TWO way market which is the key for a core valuation. If a dozen or so key slab collectors went poof the large additional margins would go with them. I have only seen a couple coins that I thought the rare plastic set them off with the main one being a rare low grade (high character) territorial gold piece owned by one of our own. That coin is truly in a class by itself, the rest of the stuff is either Type coins that people try to up sell or over graded or turned coins that one would dare not crack. >>
so do you believe the black ngc slabs aswell as pcgs regency are a fad aswell...I disagree aswell as the market is getting even stronger for them in my opinion the doilys i see that are more obscure denoms or key dates most dealers are asking 2x book and i have seen some sell for that on some pretty pricey coins not just the couple hundred dollar ones such as morgans or mercs the high 3 to 4 figure ones
gdavis70,Musky1011,cohodk,cucamongacoin,robkool,chumley, drei3ree, Rampage,jmski52, commoncents05, dimples, dcarr, Grouchy, holeinone1972, JonMN34, mission16,meltdown,Omega,PQpeace, SeaEagleCoins, WaterSport, whatsup,Wizard1,WinLoseWin,MMR,49thStateofMind,SamByrd,Ahrensdad,BAJJERFAN,timrutnat,TWQG,CarlWohlforth,Ciccio,PreTurb,NumisMe,Patches,NotSure,luvcoins123,piecesofme,perryhall,nibanny,atarian,airplanenut
gdavis70,Musky1011,cohodk,cucamongacoin,robkool,chumley, drei3ree, Rampage,jmski52, commoncents05, dimples, dcarr, Grouchy, holeinone1972, JonMN34, mission16,meltdown,Omega,PQpeace, SeaEagleCoins, WaterSport, whatsup,Wizard1,WinLoseWin,MMR,49thStateofMind,SamByrd,Ahrensdad,BAJJERFAN,timrutnat,TWQG,CarlWohlforth,Ciccio,PreTurb,NumisMe,Patches,NotSure,luvcoins123,piecesofme,perryhall,nibanny,atarian,airplanenut
<< <i>
<< <i>IMO it is a fad and while there are a small group of collectors who compete for these giving the impression of a sustainable value add it is really a volatile market and what people see is often simply 2 bidders going at it and not representative of the market and certainly not indicative of a true TWO way market which is the key for a core valuation. If a dozen or so key slab collectors went poof the large additional margins would go with them. I have only seen a couple coins that I thought the rare plastic set them off with the main one being a rare low grade (high character) territorial gold piece owned by one of our own. That coin is truly in a class by itself, the rest of the stuff is either Type coins that people try to up sell or over graded or turned coins that one would dare not crack. >>
so do you believe the black ngc slabs aswell as pcgs regency are a fad aswell...I disagree aswell as the market is getting even stronger for them in my opinion the doilys i see that are more obscure denoms or key dates most dealers are asking 2x book and i have seen some sell for that on some pretty pricey coins not just the couple hundred dollar ones such as morgans or mercs the high 3 to 4 figure ones >>
Learn to read, I never said most were over graded. I said most were simple type coins and/ or a lot of the rest are ehhhhh. There is a reason that many of the coins in older holders were not cracked and it is because there wasn't a profit motive to do so by the hands they passed through over the years be it because of no upside or slim price compression as seen on common type. True some were simply held by collectors but that is not the majority of them. While I too see dealers charging x2 spread for them I don't often see dealers paying x2 margins for them which is an important point for the stability of a market. I am not knocking them as a collecting niche, I am saying that I don't view them as a safe investment and the extra value may or might not stick around or prove to be predictability lquid.
Just using the coins you posted they really don't deviate from my statement-----
the 1931s nickel in gem is the 1950d of Buff nickels and is practically type in UNC with hevey price compression due to being saved by the roll back in the day
the 1909 proof is a better coin but doesn't look like a modern 64 based on the admittedly bad pictures but it looks splotchy and like it has turned to me
the 1900 is simple type and the gold sticker is "common" comparatively for older holders on 60-61 grades as standards have changed.
the 1879 despite being a hoard date that isn't super rare is still a special coin just as all choice 3$ coins are special.