Options
Example of buying quality over quantity.
Weiss
Posts: 9,942 ✭✭✭✭✭
Stopped by the B&M today. Just as I was getting ready to leave, one of the other, older collectors who frequents the shop came in. This guy has an eye for quality that is just outstanding. And he's had it for decades. He knows when he sees quality pieces. And he knows from experience that if you don't pay for it now, you won't be able to afford it later.
Today he was show-and-telling some of his better slabbed cents. The three OGHs are just about perfectly matched...
Today he was show-and-telling some of his better slabbed cents. The three OGHs are just about perfectly matched...
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
0
Comments
That was my thought as well.....the others are nice too, but I've at least seen those
before....but not a 14D in Red.
From that photo angle the 14-d doesn't look very red. Key date coins in MS63/64 holders is no guarantee of quality, and neither are the ogh's (ie expensive is not necessarily quality).
There are also periods of time (in years) when quantity over quality is the better way to go. Sometimes staying simple in coins is better than getting too complicated.
All that said, RR is about as wise as they get with regard to markets. I agree about the keep it simple philosophy; if you're on the right side of a trade with gold or silver bullion over a number of years, there's nothing more argument-free or liquid. Whatever it goes for, it goes for, lock in a price and you're out the door.
Iv got a 65rb 14-d that is so close to red its unreal, probably a near miss by 1 to 1.5% to make PCGS definition of full red, but because of the rb designation on the holder, I saved about 8K. otherwise coin is all there and cac'd as well
--Severian the Lame
[URL=http://s57.photobucket.com/user/coinsareus10/media/linc1914d62112_edited-1.jpg.html]
My favorite is that 55/55
peacockcoins
For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.
The Reeded Edge
That 08-S Indian would last about two seconds in that holder.
You can just make out a lone contact mark on her jaw. Or maybe it's a planchet flaw.
Other than that, eye-scorching firey red with prooflike fields front and back. I mean it's literally borderline cameo. I found myself reaching for a black surface to check the mirrors.
The reverse is sick. It's so impossibly mark free that it simply looks fake. Your gut tells you it just can't be. But there it is.
--Severian the Lame
Quality group of small cents you got to see today.
Did he bring them just for show and tell?
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
Sweet group! Some idiot will eventually crack that 08-S beauty and stick it in a brand new slab where many will question the stability of its color. The 14-D should really be a RB even with the leeway given IMO.
Yep. If it's anything like the images, that 08-S would go in a 66 RD holder.
For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.
The Reeded Edge
I love it when the old-timers show off what they have.
Simply can't find that stuff today.
This is what it's all about IMHO.
How enjoyable to be able to view and discuss such pieces.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Makes me wonder what % of slabbed coins have not been sent to CAC. How much of the market has been shipped there. My gut says under 20%.
Most of those were in OGH once upon a time (seven digit serial numbers, the 14-D has been reholdered...an additional digit has been added, although it is a zero). Not sure about the 09-S VDB Blue Label being before or after the OGH.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
while I understand this logic it doesn't always hold true. prices on key date coins in collector grades up to AU have been falling for the past few years. as for high AU and MS I can't say but there are more collectors looking for a nice 1914-D Lincoln in VF/XF than in 63/64. it works both ways, buying and selling, and I've told more than a few regulars that if they are considering selling it might be prudent to do it sooner than later.
few listen.
And he knows from experience that if you don't pay for it now, you won't be able to afford it later.
while I understand this logic it doesn't always hold true. prices on key date coins in collector grades up to AU have been falling for the past few years. as for high AU and MS I can't say but there are more collectors looking for a nice 1914-D Lincoln in VF/XF than in 63/64. it works both ways, buying and selling, and I've told more than a few regulars that if they are considering selling it might be prudent to do it sooner than later.
few listen.
A large percentage of the MS63-MS67 coin market peaked back in 1990. What didn't peak then pretty much peaked by 2008-2009. While a very small percentage of coins (1-10%) have gone above those 2 prior peaks, they are in a small minority. Tried and true Good-AU collector coins were out of favor in 1990, and to some extent in 2008. Many of those are probably near all-time highs.
That second view of the 14-d looks a lot more red than the first one.
And he knows from experience that if you don't pay for it now, you won't be able to afford it later.
Oh how I know that. There was a time when I could afford a 1878-S seated liberty half dollar if I stretched a bit. A 1916 liberty standing quarter is another example and there are plenty of others that are now simply priced out of my buying range. Also an 1793 capped bust large cent, 1873-CC seated liberty quarter, 1794 bust half dollar. All of these are still on my want list and probably will always be there.
Mike
``https://ebay.us/m/KxolR5