Coins you would be afraid of owning
braddick
Posts: 24,819 ✭✭✭✭✭
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?
peacockcoins
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Concerned more so than afraid. Any near or top of population coin where the price is a high multiple over the next grade down.
Raw coins. I sneeze a lot. Damned Hay fever.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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.
Here's a warning parable for coin collectors...
Red large cents without provenance.
I wouldn't want a 1964 Peace, 1974 aluminum cent or 1933 $20
I'd be afraid of owning a 1933 Double Eagle.
"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
Any copper, more so if graded Red.
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!
I have one and it feels great. Goes well with my 1917 Broken Sword Peace
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
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.
Any low pop high dollar modern
Latin American Collection
Basically any 1850's or later large denomination gold
Latin American Collection
I would gladly own any of them... no fears.... proper care, judicious discretion, security.... all practices currently employed.
Cheers, RickO
Red copper in new holders and recently slabbed silver eagles.
My YouTube Channel
Even toned or tarnished coins
@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?
That would have to be frustrating owning something like that and not letting anyone see it or even know about it.
What you really need is this same sign that I put on my driveway.
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.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
1933 Gold Double Eagles.
+1
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
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?
Any famous coin that was stolen.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I shouldn't be allowed to own another Stella.
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!
Here's a warning parable for coin collectors...
Think about it though. . . there's NO way you would 'throw away' a second one!
peacockcoins
gee, i wonder why
@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
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.........
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.
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.
"Seu cabra da peste,
"Sou Mangueira......."
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.
Anything with less than 100 in existence.
Fan of the Oxford Comma
CCAC Representative of the General Public
2021 Young Numismatist of the Year
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?
Later, Paul.
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).
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?
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).
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
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
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
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.
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/
``https://ebay.us/m/KxolR5
All that said, I know of coins that I would not admit to owning.
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.
I'd agree...I too have a hard time believing in 150 + yr old red coppers.
...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!