How is the Barber dime market these days?
I was flipping through the recent Goldberg catalog last evening, while watching the games and sipping an expensive brandy. Although I typically skip over the dimes, for some reason I was intrigued by the Barber dime offerings. Not so much from the standpoint of quality (although I am sure there are some fine coins in there), but from the point of view that I never really noticed these coins before and for some reason, I find the design on the dimes attractive. In general, the Barbers don't excite me, but it was something about the dimes that caught my eye.
How is the market for these coins? Are they double nuclear white hot, or are they a series that goes under the radar? Have they ever been extremely popular? Are they easily subject to a Well Managed Promotion, or are these a true collector's series? Any other comments?
How is the market for these coins? Are they double nuclear white hot, or are they a series that goes under the radar? Have they ever been extremely popular? Are they easily subject to a Well Managed Promotion, or are these a true collector's series? Any other comments?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
0
Comments
As a whole, the market for Barber coins has softened and there are some good deals to be had.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
In honor of the memory of Cpl. Michael E. Thompson
That said, almost all barber coinage is down 10-30% over the last year. With that in mind, perhaps now is a good time to buy
I have been dabbling in Dimes for 20 years and recently
completed my third set of XF-AU-MS mix.
In 2011, i sold off my 1st set in its entirety to a collector
and followed shortly by a Heritage auction where my 2nd
set sold off. The prices realized were about where I expected.
My latest set has far more MS coins - and normal light coins
have sold at fair prices but heavily toned ones ( ie: Simpson )
have sold for multiples of sheet. It's been reported that the
prices at the Legend sale for the Simpson sale were disappointing,
But I fear they were only disappointing to the auction house. If
compared to PCGS guide prices, I think the net results were right
on target.
I was the agent for a good friend at that auction and I purchased
some great coins for some very serious money. If they overestimated
the value of these coins, it was a major diservice to the consignor.
My friend had researched every date he wanted and was determined
to be as competitive as possible; as a result, I won six of the ten coins
I bid on.
I steered Ron to Glenn, and he had mentioned that mid range MS Dimes
we're doing quite well. I have used Glenn numerous times and highly rec-
omend him. His inventory turns better than most, where he specializes in
Barbers.
I'm almost done upgrading my Dimes where I'd like them to be, and when
the time comes, I'll keep my favorites and sell off the balance.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
that His Beloved QDB™ is currently putting the finishing touches on A Guide
Book of Barber Silver Coins, which will join its brethren in the tastefully
illustrated Bowers Series this summer. My main bullet point for this post
would be
Buy as many of those suckers as you can, before the market explodes
from this insanely huge popularity boost!
<< <i>A bit of “insider trading” information: Longacre will be pleased to note
that His Beloved QDB™ is currently putting the finishing touches on A Guide
Book of Barber Silver Coins, which will join its brethren in the tastefully
illustrated Bowers Series this summer. My main bullet point for this post
would be
Buy as many of those suckers as you can, before the market explodes
from this insanely huge popularity boost! >>
Perhaps that is why some of the big players in the Barber Market seem to be trying to let the air out of the rising Barber Market!
I didn't sell the rest because I feared some kind of market dip. They're just about as low as they can get. These coins decreased in price while everything else increased from 2002-2007 (except the 1895-O). I sold the rest because the ones listed above were the only coins I really enjoyed looking at. Many of the others were untoned or nearly so, and were not of my own choosing. I absorbed them into my collection when I bought a complete set in 2006 or so. The coins I kept are the ones that show my personality as a collector, and most need to be resubmitted for a regrade.
Speaking of regrades, there was a 1914-S in the set, PCGS MS65 OGH, that I resubmitted in 2006 to satisfy the old owner. Coin had a couple of carbon spots, and I graded it 64, so I didn't want to send it in when it was already in a 1989 OGH as a 65. It came back 65 in a new blue holder, of course, and I was ticked that I wasted about $40 to satisfy the previous owner. Well, Glenn sold it to some unknown party, who promptly got it into a PCGS 66 holder- without spot removal- and then it got a green bean on top of that.
So should I submit the ones that I thought were undergraded?
<< <i>....Speaking of regrades, there was a 1914-S in the set, PCGS MS65 OGH, that I resubmitted in 2006 to satisfy the old owner. Coin had a couple of carbon spots, and I graded it 64, so I didn't want to send it in when it was already in a 1989 OGH as a 65. It came back 65 in a new blue holder, of course, and I was ticked that I wasted about $40 to satisfy the previous owner. Well, Glenn sold it to some unknown party, who promptly got it into a PCGS 66 holder- without spot removal- and then it got a green bean on top of that.
So should I submit the ones that I thought were undergraded?
I see many coins I used to own from the 2002-2011 period showing up again in higher holders....many are ones that I tried but wasn't able to "earn" the upgrade. This is what's called "progress" in the coin "hobby." The "who" and "when" of the submission is often more important than the "what."
<< <i>A bit of “insider trading” information: Longacre will be pleased to note
that His Beloved QDB™ is currently putting the finishing touches on A Guide
Book of Barber Silver Coins, which will join its brethren in the tastefully
illustrated Bowers Series this summer. My main bullet point for this post
would be
Buy as many of those suckers as you can, before the market explodes
from this insanely huge popularity boost! >>
I spoke with Dave Bowers a couple of years ago at a Baltimore show where
he was signing copies of his newest book. We chatted a bit and I asked him
if he had any plans on a Barber book. He sort of chuckled and said he hadn't
been given any go ahead by Whitman Publishing [ as of yet ] but would like to
have a book on the series "one of these days". Well, it seemed that the gentleman
seated behind Dave was from Whitman - and I pressed my case for this book.
Looking forward to seeing it soon. Thanks for the heads up.
Guess I better upgrade the few Dimes I needed before the popularity boost !!
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>
<< <i>A bit of “insider trading” information: Longacre will be pleased to note
that His Beloved QDB™ is currently putting the finishing touches on A Guide
Book of Barber Silver Coins, which will join its brethren in the tastefully
illustrated Bowers Series this summer. My main bullet point for this post
would be
Buy as many of those suckers as you can, before the market explodes
from this insanely huge popularity boost! >>
I spoke with Dave Bowers a couple of years ago at a Baltimore show where
he was signing copies of his newest book. We chatted a bit and I asked him
if he had any plans on a Barber book. He sort of chuckled and said he hadn't
been given any go ahead by Whitman Publishing [ as of yet ] but would like to
have a book on the series "one of these days". Well, it seemed that the gentleman
seated behind Dave was from Whitman - and I pressed my case for this book.
Looking forward to seeing it soon. Thanks for the heads up.
Guess I better upgrade the few Dimes I needed before the popularity boost !! >>
Longacre is in a frothy frenzy anticipating yet another book by his beloved QDB.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>Longacre is in a frothy frenzy anticipating yet another book by his beloved QDB. >>
Shouldn't that be Frothy Frenzy™?
Rumor has it the new Bowers book will be distributed through a network of more than
100,000 barber shops throughout the United States, as a promotional gimmick.
I'd say, by this fact, the market is pretty hot.
Nice Barber Dimes are expensive just like your fine brandy,kind sir.The reason you find the design attractive is that you have seen the light.
Hallaleujah!
Whoever is careless with the truth in small matters cannot be trusted with important matters.