Coins you would be afraid of owning

braddick

A few coins come to mind. First, I'd be so worried if I owned a 1943 war cent in PCGS MS68. I'd be frightened no matter how I cared for the coin- making sure it was housed in a safe environment, it would at some point stain or get those little black specks.
Another would be a 1995 W PR70 Silver Eagle. Once little milkspot and I'd be stressed out!
Also 1916-D dimes scare me as there are some truly decent fakes out there. I read somewhere there are more fakes than actual real coins!

What are coins you are afraid of owning?

Coinstartled

Concerned more so than afraid. Any near or top of population coin where the price is a high multiple over the next grade down.

Justacommeman

Raw coins. I sneeze a lot. Damned Hay fever.

mark

dpoole

Definitely the high-dollar red Lincolns. I had them swaddled in Intercept Shields in humidity-free nurseries, but I still fretted and stewed. I loved their looks and heft, but much of me was relieved when I sold them.

Zoins

Red large cents without provenance.

davewesen

I wouldn't want a 1964 Peace, 1974 aluminum cent or 1933 $20

sparky64

I'd be afraid of owning a 1933 Double Eagle.

morgandollar1878

Any copper, more so if graded Red.

BryceM

I'd be afraid of owning any coin that would truly financially hurt me if it was stollen, de-valued, defaced, or lost. It's just a hobby for me....... play money only.

No danger in owning a 64 Peace or similar. Just keep your mouth shut!

Zoins

@davewesen said:
I wouldn't want a 1964 Peace

I have one and it feels great. Goes well with my 1917 Broken Sword Peace

TurboSnail

Any gold coin, I may take a bite one day to test if it is real.

Zoins

@TurboSnail said:
Any gold coin, I may take a bite one day to test if it is real.

Just keep it in a slab and you'll just taste plastic

rhedden

Any rare U.S. gold coin that has a reasonable chance of 1) turning up in huge numbers in a shipwreck, or 2) turning up in a hoard in Europe.

Boosibri

Any low pop high dollar modern

Boosibri

@rhedden said:
Any rare U.S. gold coin that has a reasonable chance of 1) turning up in huge numbers in a shipwreck, or 2) turning up in a hoard in Europe.

Basically any 1850's or later large denomination gold

ricko

I would gladly own any of them... no fears.... proper care, judicious discretion, security.... all practices currently employed. Cheers, RickO

asheland

Red copper in new holders and recently slabbed silver eagles.

Zoins

@ricko said:
I would gladly own any of them... no fears.... proper care, judicious discretion, security.... all practices currently employed. Cheers, RickO

Even toned or tarnished coins

ricko

@Zoins....Those I leave out on the picnic table, desk...wherever...... sorta bait for thieves so they stay away from the good stuff...... Of course, they could only get the stuff on the picnic table - if they get past the dogs and the cobra.... Cheers, RickO

Coinsponge

@ricko said:
@Zoins....Those I leave out on the picnic table, desk...wherever...... sorta bait for thieves so they stay away from the good stuff...... Of course, they could only get the stuff on the picnic table - if they get past the dogs and the cobra.... Cheers, RickO

Doesn't bait usually attract things?

Coinsponge

@BryceM said:
No danger in owning a 64 Peace or similar. Just keep your mouth shut!

That would have to be frustrating owning something like that and not letting anyone see it or even know about it.

TurboSnail

@ricko said:
@Zoins....Those I leave out on the picnic table, desk...wherever...... sorta bait for thieves so they stay away from the good stuff...... Of course, they could only get the stuff on the picnic table - if they get past the dogs and the cobra.... Cheers, RickO

What you really need is this same sign that I put on my driveway.

PerryHall

The problem with that sign is that you're telling potential thieves that you own guns which are a primary target of thieves. Thieves will make sure no one is home before they break in. This is why many NRA member won't put the NRA sticker on their car.

keets

1933 Gold Double Eagles.

Walkerfan

@morgandollar1878 said:
Any copper, more so if graded Red.

+1

Peace_dollar88

I would say something like a 1964-D Peace Dollar or like coin. It would be such a cool part of history. It would suck though because you couldn't show it off to anyone because the government would take it from you. How cool is a coin that you cant show to anyone?

PerryHall

Any famous coin that was stolen.

FredWeinberg

I shouldn't be allowed to own another Stella.

dpoole

Fred's post here reminds me:

I'd hate to own a "rare" error like a no-edge presidential dollar, only to find out later some crook at the Mint snuck out a whole bin of 'em to dump on the market.

Too late for me. Save yourselves!

braddick

@FredWeinberg said:
I shouldn't be allowed to own another Stella.

Think about it though. . . there's NO way you would 'throw away' a second one!

johnny9434

@FredWeinberg said:
I shouldn't be allowed to own another Stella.

gee, i wonder why

ricko

@Coinsponge...."Doesn't bait usually attract things?" Sure....The dogs have to eat....
@TurboSnail....That sign could get you in real trouble if you ever had to use deadly force.... Prosecutor will use it to show intent. This has happened in real self defense cases.
Cheers, RickO

FredWeinberg

dipole - I understand what you mean when you say
'bin full', but in actuality, the MEL's were never rare,
and were never sold or described as rare.........

SaorAlba

@FredWeinberg said:
I shouldn't be allowed to own another Stella.

I felt really bad for a long time after accidentally throwing out a 1670 Bristol Farthing. Then I heard about some guy out in Cali who sent a Stella to the landfill and I felt a whole lot better.

Elcontador

Any expensive (for me) coin where there is a possibility of a number of others of the same date, mint and grade being made in the not too distant future.

FredWeinberg

Not just A Stella, but one of the first
PCGS PR-65 Stella. (June 1986)

When I trash stuff, I make sure it's upper
crust trash....I don't waste my time throwing
away dateless Buffalo Nickels.

KellenCoin

Anything with less than 100 in existence.

Stooge

I think I would be a little worried owning any of the Sac Mules.
Is it still undecided that the Government might confiscate them, or has that ship sailed?

mustangmanbob

Any significant coin that I would not have control over an abrupt change is value, due to spotting, toning, discoveries, change in standards, etc.

I used to be afraid, until I kicked Chuck Norris's butt, and now afraid is afraid of me.

(I actually know Chuck Norris very well, and he has been great with my kids, so I really would not hurt him).

GRANDAM

What would happen if coins like 1913 Liberty Nickels, 1964-D Peace Dollars or 1804 Dollars were confiscated?

Could the liability be carried back to each person who has bought or sold the coin in the past?

How far back could it go? Does it end when it tracks back to a Dealer who is no longer alive?

I had it confiscated but I bought it from Dealer XYZ in good faith,,,,,, can Dealer XYZ be held liable and have to pay back the guy who had it confiscated?

Doesn't matter what the coin is,,,,, could it go back on previous sellers?

I hear that stolen goods can't pass good title so I wonder?

Any opinions?

shorecoll

My fear is the business strike/proofs struck from the same dies, where a snit at the TPGs can cost you a fortune. Some of these lifetime experts disagree on...so no thanks (unless someone wants to give me one).

OldIndianNutKase

The final coin in my MPL set would be the 1909VDB. When I get to that point maybe I will have a very brief temporary ownership........and what might that cost me?

OINK

DRUNNER

I am afraid of one coin. Well . . not a coin. It is one of my VERY FEW pieces of currency. It is the ONLY inhabitant of my SDB . . . because it is as illegal as . . . . . . .

Think 1970s. Think gas rationing.

Done. have a nice day.

Drunner

Peace_dollar88

@DRUNNER said:
I am afraid of one coin. Well . . not a coin. It is one of my VERY FEW pieces of currency. It is the ONLY inhabitant of my SDB . . . because it is as illegal as . . . . . . .

Think 1970s. Think gas rationing.

Done. have a nice day.

Drunner

Sounds interesting but you lost me at 1970s hahah

DRUNNER

Look at history. If needed . .we will talk privately.

Don't want the Secret Service knocking . . . .. . .

It may not be a 1913 nickel . . . but at least it is nationally . . . . . interesting.

Drunner

FredWeinberg

The Mint announced many years ago,
about 15 or so, as I recall, that they would
not confiscate the Sac. Mules.

It was in an extensive Coin World Article -
I have it someplace in my files, but I can't
recall the exact date of that issue.

TwoSides2aCoin

I'd be afraid to own a Sacagawea mule. Chances are I wouldn't own it for long, like the 1974 aluminum cent, an authentic '64 D Peace dollar or 1933 DE. But mostly that glass pattern.

I'd be afraid the only thing that would shatter is that coin, not any sales record; if I flipped it.
RE:
http://www.coinnews.net/2017/01/06/1942-experimental-glass-u-s-cent-goes-for-70500-in-heritages-florida-auction/

SaorAlba

All that said, I know of coins that I would not admit to owning.

BillJones

@morgandollar1878 said:
Any copper, more so if graded Red.

I have never had a problem with "Brown" or even R&B with 19th century copper. I've had problems with "Red," and that's why I won't even consider buying them.

So far as the Sac mules are concerned, I have no interest in them what so ever, regardless of the price. They are "manufactured rarities" with no historical significance.

DancingFire

@BillJones said:

@morgandollar1878 said:
Any copper, more so if graded Red.

I have never had a problem with "Brown" or even R&B with 19th century copper. I've had problems with "Red," and that's why I won't even consider buying them.

I'd agree...I too have a hard time believing in 150 + yr old red coppers.

3keepSECRETif2rDEAD

...seriously though...did DT Miller sneak into the grading room and slab this himself??? No way it's a mechanical error with the Pedigree label right? I mean seriously what a joke!