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Well could not find a F-12 so I went for a 1901-O 25c PCGS VG-8 Barber Quarter...

It will fit just nice with my 1909-O in PCGS VG-08. Hope one day to upgrade when I get to go to a major coin show in the U.S in Orlando probably within the next 2-3 years. It went up to 100$ in VG-08 on the PCGS website last night so a jump of 25$ from 75$....just in case anyone wonders why I paid a little over 1004 for it and was OK with it.

Ebay link: http://www.ebay.ca/itm/350619320660?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

Comments

  • Any comments would be appreciated!!! As always.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭
    You waited quite a long while for an F12. Sorry to see you had to settle. image
  • LogPotato

    I called a bunch of places like 10 or so no one had one so I went for the next best thing. There was a F-15 PCGS but I was not drawn to it. Nasty nasty black marks on it: http://www.jjteaparty.com/APIC/104238a.jpg

    And they where asking 310$ that is way to much for the ugly marks on it.
  • braddickbraddick Posts: 24,781 ✭✭✭✭✭
    Life is full of compromises, but when it comes to my hobby- coins, I will not.

    peacockcoins

  • braddick

    I agree but I am fine with one in VG-08 because my 1909-O is also VG-08 so they work well together...I will probably build sets of the scarcer coins (Barber series of quarters and earlier quarters) one in VG-08 and another in F-12. So far VG-08 is winning....loll. I want to do the same with 1/2 cents (whatever I can find in nice coins available...from 1793 to 1802) and Buffalo nickels (in VG-10 and F-12 only). Ah yes and also the 50 cent Walkers in F-12 only. All this will take me years but that is just fine.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Hey M1980, it's you collection......go for it.image
  • DIMEMAN:

    Thanks I like to share my coins and see what people think in the end I like the coin otherwise I would have not purchased it but like I said I like to listen to other opinions. We can always learn fro mothers and I have a open mind.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    M1980, do you have Registry sets for your coins so we can look at them?
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>LogPotato

    I called a bunch of places like 10 or so no one had one so I went for the next best thing. There was a F-15 PCGS but I was not drawn to it. Nasty nasty black marks on it: http://www.jjteaparty.com/APIC/104238a.jpg

    And they where asking 310$ that is way to much for the ugly marks on it. >>



    The JJT example is more wholesome and has a very pronounced mint mark.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • DIMEMAN

    Sorry no...I just own 6 U.S coins so far...just started in the summer of this year:
    -1794 1/2 cent in PCGS VG-10
    -1913-D Type 2 nickel in PCGS VG-10
    -1901-O quarter in PCGS VG-08
    -1909-O quarter in PCGS VG-08
    -1921 half dollar in PCGS F-12
    -1938-D half dollar in PCGS F-12

    That is it for 2012. I will add a bunch more next year probably a 1864 small motto and 1872 2 cent pieces + some others.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    M1980, you can start 4 sets.

    A half cent set......a Buff Nickel set....a Barber Quarter set......and a Walker set.

    Go for it. It's easy and it's free.image
  • DIMEMAN

    I will look into it thanks.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭
    Before you dive into Barbers too quick, take some time to read.

    This site has some great books by one of the great Barber collectors/dealers. http://blog.davidlawrence.com/

    Also, consider this club as well. http://www.barbercoins.org/

    Do yourself a favor, study up, then dive. There are some serious Barber collectors on this site and a lot of them have shared bits of info with me that have helped shaped me into the collector I am. Sit back and take it in before you waste too much money.
  • LogPotato

    Thanks will look into it....so you are saying I paid to much for my VG-08? How does the 1st link work I tried it but not sure where it brings me and what am I suppose to be looking for once there? It reminds me of the search engines at university...100 different options and not sure what one to use. The 2nd link is easy to follow.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭


    << <i>LogPotato

    Thanks will look into it....so you are saying I paid to much for my VG-08? >>



    In a way I am, because you could have probably bought it straight from their site less eBay fees.

    But regardless of that, just research before buying. You aren't going to find problem free Barbers in an exact grade everyday searching on ebay.
  • LogPotato

    I just figured it will go up over time since it is one of the scarcer dates to the series. It lists for 100$ on the PCGS price guide (went up 25$ in the last update I think yesterday's)...ah well I guess I need to do my homework a bit better. But I am pretty sure in 5 years from now I will be happy I paid the price I paid. Not living in the U.S makes it hard not having to pay shipping fees and other such fees been I am from Canada.
  • ElcontadorElcontador Posts: 7,680 ✭✭✭✭✭
    If you buy a coin with the intention of upgrading it later, imo, you should not have bought the coin in the first place. All this means is that more of your money will go into someone else's pocket.

    I had to wait four years to find an acceptable Barber Half in MS 65 for my collection. I had to wait eight and a half years to find an acceptable Heraldic Eagle Bust Dollar for my collection. I have been looking nearly ten years for an acceptable Capped Bust Half in MS 65 for my collection.

    If a coin doesn't 'sing' to me, I don't buy it.

    Another thing to be aware of in this market is that if a particular coin isn't all there for the grade, as well as in an 'investment' grade, no one wants it, unless it's a popular or key date.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • Elcontador

    I wish I had that kind of discipline/patience...But since I do not have a pension at work (work for myself) I need to invest in various things....and for collectibles it is a bonus because I love collecting. I understand where you are coming from but if I did that I would never be able to invest for the long run. I have to think about that so I invest here and there and will do so for the next 33 years and by the time I am 65 I hope I did well. Only time will tell. Who knows where the world will be at in 33 years...I just got to plan in advance no matter what and where the world is by that time. I have no kids, no wife, do not drink or smoke so I spend a few hundred a month on coins instead of doing those things. I have my 1921 50 cent in Canada in ICCS MS-65 (worth good chunk of change) so that coin is also going to be part of my pension plan when I find the right buyer that is. This is no way means I want to stock up on junk coins I am only going to buy the scarcer coins that I find attractive to the eyes.

    I am someone that likes to plan way way way in advance for my future and if I die then my brother gets it all one way or another I would be happy....and if he happens to pass away then his daughter will get it all and if everyone is dead then the museum will get it all or a animal fund will...I love animals.
  • Congrat's on your purchase.


  • << <i>It will fit just nice with my 1909-O in PCGS VG-08. Hope one day to upgrade when I get to go to a major coin show in the U.S in Orlando probably within the next 2-3 years. It went up to 100$ in VG-08 on the PCGS website last night so a jump of 25$ from 75$....just in case anyone wonders why I paid a little over 1004 for it and was OK with it.

    >>



    I checked last night.
    Looks like a lot of barber quarters went up. Every one of mine between 1901-o and 1907-o got an increase.
    I checked and my orleans collection has 5 of the dates in VG-8, but only one in F-12.

    Comments about being hard to find in specific grades are accurate.
    I was looking at how hard would it be to build a set of morgans (97 pcs) in PCGS F-12
    Turns out 15 of the 97 are pop zero in F-12, all <$50.

  • IwantNonCCs

    Yes most went up over night and good increases as well...I really enjoy this series a lot there are so many coins to search for I will for sure build a nice set over time. I will buy the 1896-S, the 1901-S and the 1913-S in F-12 one day that is for sure.

    My next purchase will be the 1914-S in either VG-08 or F-12 depends on what I can find. There is a very nice one on Ebay graded PCGS F-15 CAC but to much for my blood at the moment.


  • << <i>Life is full of compromises, but when it comes to my hobby- coins, I will not. >>



    This is a great philosophy that we might all take to heart.

    That said, I don't think the OP compromised by buying a VG he likes as opposed to an F
    he does not like. And he bought one that fits the look of his existing collection.

    I will grant that buying a coin that one intends to upgrade later is not always the best
    strategy. But sometimes a collector has to, you know, actually *collect* and not just
    *look.*

    Mark
    The Secret Of Success Law:
    Discover all unpredictable errors before they occur.
  • Hotfootspin

    Amen to that!!! I tried I called a lot of coin shops no one had a nicer one so I settled for a nice VG-08 that was actually graded and not a raw coin like 99% of them out there on the market (I do not have enough knowledge to be buying raw coins and I live to far from PCGS to bother having a raw coin graded). Looked threw Heritage auctions and none nicer there either. It states that this coin is a rarity 3 in VG-08 (Definition: R3: Tough date – available, but may require some looking) on the Barber coin website so they are hard to find in this grade as well....so a bonus there as well!!! It has the exact same look that my 1909-O 9PCGS VG-08) quarter has so they fit very well together as a starter set for this series.

    Could I have displayed more patience in this situation sure but the prices keep going UP in this series so maybe in 1-2 years I would have had to pay double or more for my coin and ended up with a VG-08 in the end...so I figured just go for it. A nice one in F-12 may have taken a long long while and by that time I will have the funds to buy it without compromising my yearly budget for coin collecting. But I must say the 1909-O in PCGS F-15 is a nice coin not like the 1901-O in the same grade offered for sale.
  • I will do become a member on the Barber quarter website like mentioned by a previous member here that will do me some good and it is always fun to be a member in a group that has passion like you have. At 15$ for a 2 year membership is peanuts for all that it has to offer a collector like myself.
  • ElcontadorElcontador Posts: 7,680 ✭✭✭✭✭


    << <i>Elcontador

    I wish I had that kind of discipline/patience...But since I do not have a pension at work (work for myself) I need to invest in various things....and for collectibles it is a bonus because I love collecting. I understand where you are coming from but if I did that I would never be able to invest for the long run. I have to think about that so I invest here and there and will do so for the next 33 years and by the time I am 65 I hope I did well. Only time will tell. Who knows where the world will be at in 33 years...I just got to plan in advance no matter what and where the world is by that time. I have no kids, no wife, do not drink or smoke so I spend a few hundred a month on coins instead of doing those things. I have my 1921 50 cent in Canada in ICCS MS-65 (worth good chunk of change) so that coin is also going to be part of my pension plan when I find the right buyer that is. This is no way means I want to stock up on junk coins I am only going to buy the scarcer coins that I find attractive to the eyes.

    I am someone that likes to plan way way way in advance for my future and if I die then my brother gets it all one way or another I would be happy....and if he happens to pass away then his daughter will get it all and if everyone is dead then the museum will get it all or a animal fund will...I love animals. >>



    I am sorry, I don't mean to appear overly critical, but if you want to invest for the long term, I can't think of a poorer vehicle to do this than collectables in general, numismatics in particular, unless you are a big fish, can deal with maalox moments, and can afford to lose quite a bit of money due to volatility if things go south.

    Very few mere mortals can consistently make money in numismatics without taking advantage of the "bigger fool" principle. I have been doing this for over forty years, am not a big fish, am not well enough connected, and know that I have far better opportunities to make money doing almost anything other than buying / selling coins.

    If you really want to invest for the uber long term, you'd park your money in something like the S & P 500 index, continue dollar cost averaging into it, and forget about it.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • Elcontador

    You are most likely right but I would be BORED TO DEATH if I only did that!!! I need the hobby in my life it is what drives me every day too work hard and enjoy my free time. I have almost no family. I have no wife or kids either this is my family the coin community/hobby. I have very few friends because I am more of a loner as I get older and my friends only want to party and go out to bars that is not who I am as a person. I have money in some ultra rare collectibles that will for sure keep going up like they have since the 1950's (for example my 1921 50 cent in MS-65 from Canada). But you are right it is good to diversify our portfolio. I have some in gold and silver I also enjoy following that market...the dowjones is NOT for me to boring and to easy for the hyper rich to manipulate my money. I purchased silver at 6$ a ounces and gold at around 800$ a ounce and still sitting on it for now. I would like to get into rare golden age comic books one day down the road as well or rare paper currency here in Canada that also does very well over time...we have some of the rarest notes in the world. I will once I sell off my gold and silver in a couple of years time. I may loss some in coins but buying lower grade coins like I am doing means I will lose less that is if I loss...I may also win but then I will win less both are OK by me because I love coins for the better or for the worse (A ex wife with a couple of kids could ruin me even more than coins could ever do so) I am in for the long haul. There are a LOT of worse things to put money into besides coins as you well know.
  • ElcontadorElcontador Posts: 7,680 ✭✭✭✭✭
    Matrix - I'd never give someone a hard time for spending money on activity he / she loves. Over the years, I've spent far more money on travel than anything else, and don't regret any of it. I look at the coins I've bought over the years in the same manner. But while I know I'm doing something for me, return on investment does not figure into this equation.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • In the end I just wanted to know if it was a good purchase at that price level for a scarcer coin like this one...to me yes...but I learn from other people to and it helps me determine my next steps better.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Other than the 3 expensive key dates of the barber quarters I can't see settling for a VG of any date if the goal is long term appreciation. Can't find a 1901-0 in Fine?
    Why not a 98-0? 99-0? 00-0? 97-s? 98-s? 99-s? 07-s? 07-d? The list can be made a lot longer as there are many worthy dates on the list that are still inexpensive.
    And in spreading out your choices you could probably land any one of these in a nice F-VF. I would also excercise caution in using any price guide as your bible for what
    better date circ Barbers are worth. The real value is what they actually trade for between collectors and dealers....not what a retail price guide lists it at.

    Investing in the S&P long term during a secular bear market (2000-201X) is not my cup of tea, at least not until possibly 2017 when the typical 17 yr zig-zag finally ends.
    We still have to get past the bottoming of the 40, 60, and 120 yr economic cycles in late 2014. Seems to me there are better places to park long term funds. Even being
    short is not much help considering there are 2-3 yr cyclical bulls within this longer secular bear. The stock market of 1966-1982 took 6 attempts over 16 yrs get past the
    Dow 1,000 level for good. Great time for traders...lousy time for long term holders.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • roadrunner

    Makes a lot of sens!! But when you can afford what you can afford one buys what he can at that given moment in time. I may make good on my coins and I may not but what the hell as long as I like and enjoy the journey I am in!! Canadian coins are worse when they are not the top of the top so I will stick with the greatest nation on earth and the one that will remain in power....your country the U.S. If I lose 100$ here but gain 200$ there it may all work out in the end. The whole world can crumble any time and I would lose no matter what or the world could come together and the economy's of the world would grow and then the potential is huge. I rather have a 200$ U.S coin ANY DAY over a 200$ coin from ANY other country in the whole world. If the U.S falls then other countries will fall even worse.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Not so sure I agree with that logic. I'd say the best potential for world coins is not in the US or Europe), but in selected emerging nations. Of course,
    determining just who they are and what coins to select is another story. I recall socking away 20 superbly toned 1892 gem Peru 1/2 dinos back in 1988 for
    $12 a coin. If they were US silver coins from the 19th century they'd have cost 50-400X more. With Peru being an up and coming metals producing player,
    I could see their coins (as well numerous South/Latin American countries) becoming much more valuable one day.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • roadrunner

    You may be right but I have ZERO knowledge when it comes to purchasing coins that are not from Canada or the U.S the guides they have for sale are complicated and a rare coin one day could be a common date a week down the road in those countries because they have not done coin hunting like we have.

    But if you happen to know what coins to go after and you are willing to share that knowledge I have have my ears wide open and a open mind!! I know China's market is growing very fast but what are the coins to go after I have NO CLUE at all!! And how does a smart buyer approach these markets....again I have NO CLUE at all.

    I would like to get into coins from England or France even but there are just so many (let's say years 900 to 1500). I have a price guide for England but very hard to follow it is like arriving on Mars and just looking around in every direction and hoping to take the right path. Israel also interests me.
  • A picture would be nice, congrats on your pickup.
    Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
  • BaseballAbs

    Here you go it is the Ebay link let me know what you think:

    http://www.ebay.ca/itm/350619320660?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649
  • barberkeysbarberkeys Posts: 4,156 ✭✭✭✭✭
    I disagree with el's logic about upgrading coins. Buying a nice attractive coin now, with the hope of an upgrade later is the reasonable way to build a collection. Waiting years for the right coin is ridiculous.

    M1980 - glad to have you involved in the wonderful world of barber coinage.

    ---------
    Vern
    Vern
    l
    It's not having what you want, it's wanting what you've got.
  • barberkeys

    Thanks sir I appreciate it!! I like you believe if you buy some nice coins for the grade upgrading should not be a issue like it not a issue here in Canada for Canadian coins. A little more work involved but the end result is the same.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Matrix1980, there are ways to find out what nation's coins don't tend to show up all that often and would be underpriced at the moment. I did the same thing with US silver & gold
    coins (1793-1933) back in the mid-1970's. It only took a few months of research to start to figure out what fairly inexpensive dates in various series just didn't show up. There
    must be ways to get that information in other country's coinage (dealer price lists, on line lists, ebay, auction archives, pop reports, discussing it with foreign coin dealers, etc.).
    Another rule of thumb is just go by your got on what seems too cheap. It wasn't hard to guess that $12 for a raw toner 1892 MS66/67 silver half dime was a decent buy. At my last
    coin show I picked up a 1914-1918 Japanense 20 or 50 Sen in an old NGC MS66 holder for $65. Don't recall the date or denomination. I just felt that $65 for a coin comparable
    in size to a gem BU Barber half/quarter or early Walker/SLQ seemed sort of cheap. And the design was interesting/attractive as well. Having a world coin catalog handy might
    have been helpful. Mining for data is never easy. I've never been one to just rely on what the next guy says.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ElcontadorElcontador Posts: 7,680 ✭✭✭✭✭


    << <i>I disagree with el's logic about upgrading coins. Buying a nice attractive coin now, with the hope of an upgrade later is the reasonable way to build a collection. Waiting years for the right coin is ridiculous.

    M1980 - glad to have you involved in the wonderful world of barber coinage.

    ---------
    Vern >>



    You can disagree, but you're wrong. Trying for an upgrade with an existing coin is a loser's game. By the time you have access to anything nice for the grade, everything will have been picked over by people who have better access to coins than you do. Virtually anything you see at a major show which looks nice has been tried at least several times, and failed. The reason why someone getting a decent $ sized upgrade gets so much attention around here is because this instance is very rare.

    Settling for a coin which isn't all there means that unless someone almost gives it away, in this market, no one wants it. Have you tried selling any coins at a decent sized show recently? I have. If it isn't moving and not nice for the grade, you won't be able to sell it, or will be offered pennies on the dollar.

    You want to buy an AU Bust $ and don't plan on waiting for years to find one and don't have connections? Go ahead. Buy a cleaned, AT'd, or bleached coin for $7,500 or $8,000, or more which has somehow made it into a holder (I have seen at least 100 of them).

    You're fine leaving 10-5% plus (usually a big plus) on the table each time you buy or sell a coin and still want to upgrade? I have some 'great' coins to sell you. People with your attitude make dealers rich.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • originalisbestoriginalisbest Posts: 5,971 ✭✭✭✭


    << <i>

    << <i>I disagree with el's logic about upgrading coins. Buying a nice attractive coin now, with the hope of an upgrade later is the reasonable way to build a collection. Waiting years for the right coin is ridiculous.

    M1980 - glad to have you involved in the wonderful world of barber coinage.

    ---------
    Vern >>



    You can disagree, but you're wrong. Trying for an upgrade with an existing coin is a loser's game. By the time you have access to anything nice for the grade, everything will have been picked over by people who have better access to coins than you do. Virtually anything you see at a major show which looks nice has been tried at least several times, and failed. The reason why someone getting a decent $ sized upgrade gets so much attention around here is because this instance is very rare.

    Settling for a coin which isn't all there means that unless someone almost gives it away, in this market, no one wants it. Have you tried selling any coins at a decent sized show recently? I have. If it isn't moving and not nice for the grade, you won't be able to sell it, or will be offered pennies on the dollar.

    You want to buy an AU Bust $ and don't plan on waiting for years to find one and don't have connections? Go ahead. Buy a cleaned, AT'd, or bleached coin for $7,500 or $8,000, or more which has somehow made it into a holder (I have seen at least 100 of them).

    You're fine leaving 10-5% plus (usually a big plus) on the table each time you buy or sell a coin and still want to upgrade? I have some 'great' coins to sell you. People with your attitude make dealers rich. >>



    Bully for you then -- enjoy the 30-40 year search for "just the right coin" and piss and moan about how in all that looking you just couldn't find something suitable. Nice coins that are "all there" for the grade aren't THAT hard to find. Having unreasonable expectations may make them SEEM to be.
  • Come on guys we are not here to make a fight we are here to share ideas and ALL ideas are welcome some may work for us and some may not but we are lucky to have such a site to able to share those ideas with others....so please keep this at a calm level at the same time please feel free to participate in a normal conversation.

    I like the idea of upgrading here in Canada it is very very easy to do (Unless of course it is say a 1936 dot penny or dime ore a mint state 1921 50 cent piece or some other major rarity with less than 5-10 known). So I imagine with some time and effort the U.S can offer the same...worse case scenario I will have 2 sets one in VG-08 and another in F-12 that is also OK with me.

    The U.S coins I am buying (Plus they are by no means ultra rare coins so they are out there and can be found) are from dealers who have said they will make a full dollar trade if ever I land a better one from them and these are some of the better sellers in the U.S...so is it possible yes it is as long as you build the right links with the right people right from the start.
  • The coins I buy and am going after are often in dealers inventories and if they are not they do pop up from time to time so chances are in my favor unless I decide to buy say a 1901-S barber quarter then it may be harder but most likely NOT impossible to find another and upgrade. Money ALWAYS talks and dealers are open minded most of the time and I try to stick with the same few dealers so I can build a link to better my chance of trading up a coin I already own for a better one.

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