Fun problem to have, opinions??

erwindoc

So I missed out on some auctions and have money saved up. Should I keep saving for the keys to the set I'm working on or get working on the next series with several more common coins as a starter?

WestySteve

Buying keys is hardly ever a bad idea

19Lyds

Wait to get what you "need" instead of working on what you "want".

lordmarcovan

Buy the keys while you have a good little lump sum on hand. Once you've got the keys in your focal set sewn up, then you can go and play with new project(s).

jimbux61

Get the keys while you can. The common ones will always be available.

RB1026

That's a great problem for sure. If it were me, I'd continue to hunt for just the "right" examples of the keys to complete my set while throwing in a newp on the next set here and there to keep things interesting.

LanceNewmanOCC

<< <i>So I missed out on some auctions and have money saved up. >>


i just missed 3 auctions because i didn't update my sniping software with my new ebay password! arrrghhh
.

Bochiman

What series?
Some keys are stagnant right now and may be better to wait for just the right one.
Some may be a good deal right now if you find one you like.

erwindoc

My current series is liberty nickels with a goal of MS64 as a minimum. I dont have enough to pick up either the 1885, 1886, or 1912S, but with a little more saving, Ill be ready for one. And that was my thinking as well to get the keys while I could. Thanks everyone for helping to reinforce myself to be patient!

robertpr

<< <i>Buying keys is hardly ever a bad idea >>



I could not have said it any better. Get the keys.

johnny9434

<< <i>

<< <i>Buying keys is hardly ever a bad idea >>



I could not have said it any better. Get the keys. >>

its key

Kudbegud

Ever hear "Buy the best you can afford"? Getting the keys while you can seems the best advice others have posted. Non keys can be gotten any time.

USMarine6

I figured out quickly that quality is better than quanity.

rhedden

Get the key dates now. For the common dates, only buy special coins that you could see another collector buying as a Type coin. In other words, if the coin is distinctive in some way, like it has pretty toning or nice surfaces, and someone might want it as their only example of the Type, then it is suitable. Find a way to make the common dates uncommonly nice. Otherwise, common dates may lose money for you in the long run due to lack of interest in collecting the series by date.

Elcontador

I think it's more important to buy properly graded, nice for the grade coins, than anything else. I'm a big believer in buying nice coins and keeping them in their current holders.

I collect the series in MS 66. I don't know about MS 64. The 85, 86, 12D and 12S rarely are available in 6, and I get the impression that they haven't been hit by the big price decline in the last three years that has happened with this series. OTOH, many of the slightly better dates have dropped in value by a good 50%.

MidLifeCrisis

<< <i>Ever hear "Buy the best you can afford"? Getting the keys while you can seems the best advice others have posted. Non keys can be gotten any time. >>


Frankly, almost any "key" can be bought at any time. Most are not rare at all.

Also, be careful that you don't lose interest in the rest of the series once you own the keys.

Absent more information about what the OP collects, etc...if I were you, I would identify one coin that I always wanted, but that is normally out of my reach. I would continue to save my money until I could buy a nice example of that one coin.

It feels really good when you can do that.


(Edited for clarity.)