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Do you INTENTIONALLY buy "Genuine" or "Net" coins? (poll)

topstuftopstuf Posts: 14,803 ✭✭✭✭✭
Probly not a new question, but I missed any prior ones.

Opinions or links all okay.

Comments

  • BustHalfBrianBustHalfBrian Posts: 4,192 ✭✭✭✭
    I don't buy any coins "unintentionally".

    image
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    I do it if A. the coin is rare in ANY condition, B. I want an example for my collection, and C. the price is right

    Here's a "Fair"

    image

    And here's a "Fine"

    image

    Liberty: Parent of Science & Industry

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Yes, they are great learning tools ... especially for the classroom.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Sure, have bought many early dollars that were net graded.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    I bought one a few weeks ago at a show because it was part of a larger group of coins that were nice. The PVC residue was removed and the coin fully graded.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭
    I strongly avoid them. In fact my response should be "Never." Having been stuck with problem coins as a YN I will not buy coins in genuine holders. To me they are trouble because when you get ready to sell them it is always a "yes .... but" conversation, and you end up getting low ball offer.

    You also get 1 point on the registry, even if the coin has cost you thousands of dollars. Even a "nothing coin" with a full grade gets 3 points. Filling a hole for that kind of money is just not worth it.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BryceMBryceM Posts: 11,856 ✭✭✭✭✭
    Generally, no, especially when problem-free examples are available.

    I wouldn't be ashamed to own certain coins in problem holders though. Half dismes, 1796 quarters, and certain early gold pieces come to mind.
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    Well, not yet. I have had to come to the realization that I will never hold coins I really desire if I don't go with genuine examples. This is because my wallet says so. When the day
    comes I will be very discriminating.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Sure, but it depends on the look and how rare the variety is.

    I would probably NEVER buy a holed coin.
  • BustHalfBrianBustHalfBrian Posts: 4,192 ✭✭✭✭


    << <i>Sure, but it depends on the look and how rare the variety is.

    I would probably NEVER buy a holed coin. >>



    DIMEMAN, I can do you a solid and plug up any holed coins that tempt you. image
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Only one.
    image
    image

    BTW it cost 1/10 of what a straight graded F12 went for the week before I got it.
  • chumleychumley Posts: 2,305 ✭✭✭✭
    I do not buy them intentionally but I have made more than a few through submitting image
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    I have some "no grades" that should have graded BUT PCGS didn't like the color!!!image
  • I haven't yet, but I will eventually because, like others, that's the only way I can afford certain coins.
  • johnny9434johnny9434 Posts: 29,228 ✭✭✭✭✭
    no, not as a rule. to me thats like buying a problem coin at times. jmo
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    I'll buy a problem coin for my collection if I don't think I'll be able to find a better one in my lifetime.

    I also won't buy a choice unc for my collection if I think I'll be able to find a gem in my lifetime.

    And I won't collect a series if I can't live with the prices for the finest knowns.







    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    never, my coins already have too many problems image
  • WaterSportWaterSport Posts: 6,917 ✭✭✭✭✭
    Yes and success in getting some into non genuine holders.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    Where standard U.S. silver, nickel, copper-nickel, small cents, and gold are concerned, I will not buy 'genuine' coins.
    However, there are many types of coins and U.S.-related exonumia (medals, tokens, electrotypes, counterstamped coins, contemporary counterfeits) that I do buy as raw pieces because the major TPGs will not grade them. I have occasionally bought a rare variety of an early large cent that I feel would not grade if sent in (due to light burnishing).
    While I have never bought a slabbed 'genuine' coin, I did once intentionally buy a Trade dollar that PCGS had already deemed a counterfeit, just for the holder.
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • CameonutCameonut Posts: 7,384 ✭✭✭✭✭
    Never. I learned my lesson long ago when I tried to sell a genuine coin for what I paid for it. It can be quite difficult to find that "right" buyer.

    After trying to sell the piece in the gennie holder for a year or so, I solved the problem by cracking it out and putting it in a 2x2 with "PCGS says Questionable Color". It sold in two months.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Generally, but not absolutely, no - however Baley's 1805 $5 piece could be an exception.

    Here's a poll with 51% saying no but with an exception breakdown by code
  • 291fifth291fifth Posts: 24,689 ✭✭✭✭✭
    In the past I would but today I wouldn't. I believe the coin hobby and most other "old line" hobbies as well are going to shrink over the next twenty years. The collectors that remain will be upscale types that don't want problem collectibles.
    All glory is fleeting.
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    It's all about the price and if you like it or not.
    Some coins are just plain "Interesting"
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    "... I believe the coin hobby and most other "old line" hobbies as well are going to shrink over the next twenty years. The collectors that remain will be upscale types that don't want problem collectibles."


    I agree
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭


    << <i>Yes and success in getting some into non genuine holders.

    WS >>



    That's the one I expected earlier.
    That and ...IF... someone thinks they could foist it off raw as "no problem" with a bit of gab and a lot of finesse.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,605 ✭✭✭✭✭
    I don't decide what people bring me, they do. I merely decide on a price that works for us both..
  • bronco2078bronco2078 Posts: 10,425 ✭✭✭✭✭


    I do it constantly , later on when I tell people about the coin I make out like it was deliberate . But we know the truth image

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