Originally posted by: Lakesammman I was happy to buy this coin, later crossed to PCGS genuine. There aren't many opportunities to own a T. Reid $5! This coin is worth well into 6 figures.
It was the poster child for the NGC "genuine" ads in 2009.
If you are seriously interested in a particular coin, and the only way it comes or is affordable as a "problem coin," you buy it. This Templeton Reid coin is a prime example.
I written that I don't buy low grade ugly coins. That is true to a point although I recently purchased a King Henry I British penny that was really ugly. Why? All of the examples I've seen are ugly. King Henry had many of them issued ugly on purpose.
I were a super large cent collector and wanted a Strawberry Leaf cent, I'd buy the best I could get. All of them are problem coins. That is the nature of the beast. Ditto for a lot of colonial and Confederation era coins. Ugly is the best you can get.
Some of the attitudes expressed here have shown an unfortunate level of snobbery. Some coins are junk because they are common and low grade. Some problem coins are treasures because of their historical significance and rarity regardless of their state of preservation. You can't get some coins in nice shape because they don't exist that way.
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 ... ?
I was happy to buy this coin, later crossed to PCGS genuine. There aren't many opportunities to own a T. Reid $5! This coin is worth well into 6 figures.
It was the poster child for the NGC "genuine" ads in 2009.
Comments
I was happy to buy this coin, later crossed to PCGS genuine. There aren't many opportunities to own a T. Reid $5! This coin is worth well into 6 figures.
It was the poster child for the NGC "genuine" ads in 2009.
If you are seriously interested in a particular coin, and the only way it comes or is affordable as a "problem coin," you buy it. This Templeton Reid coin is a prime example.
I written that I don't buy low grade ugly coins. That is true to a point although I recently purchased a King Henry I British penny that was really ugly. Why? All of the examples I've seen are ugly. King Henry had many of them issued ugly on purpose.
I were a super large cent collector and wanted a Strawberry Leaf cent, I'd buy the best I could get. All of them are problem coins. That is the nature of the beast. Ditto for a lot of colonial and Confederation era coins. Ugly is the best you can get.
Some of the attitudes expressed here have shown an unfortunate level of snobbery. Some coins are junk because they are common and low grade. Some problem coins are treasures because of their historical significance and rarity regardless of their state of preservation. You can't get some coins in nice shape because they don't exist that way.
If it's not unquestionably graded, I don't need nor want it.
"Just because you were born on 3rd base doesn't mean you hit a triple"
US Civil War coinage
Historical Medals
I was happy to buy this coin, later crossed to PCGS genuine. There aren't many opportunities to own a T. Reid $5! This coin is worth well into 6 figures.
It was the poster child for the NGC "genuine" ads in 2009.
Wow! Talk about rare .....
Please bring her to dinner sometime.
My 1866 Philly Mint Set