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Rarity or condition? $5,000 coin.
topstuf
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Pick your poison. You're going to spend $5,000 on a coin.
Which do you pick?
No specific series. Just in general.
Rarity or condition? $5,000 coin.
This is a private poll: no-one will see what you voted for.
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You need a choice for both
It depends. Do I want rare coin that is damaged? No. Do I want an MS70 modern coin? No.
To me, rarity and condition go hand in hand. I will say that a good mix of the two is what I try to target. Not into unique pieces that look like parking lot scrubs or common coins with immaculate condition rarities. Sign me up for a 5k coin that is scarce and is one of the nicer surviving surfaces seen, not necessarily the best or top pop.
In my limited experience, problem coins are always easier to buy and harder to sell.
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If it's choice, near gem or gem (MS 63-65), then I'm in.
Anything higher or lower than that, then I'm probably not interested.
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Bid on one tonight. rarity.
I used t o always be a key date man, but over the past few years, not any longer, What I mean is, if I wanted a date say like a 73-cc seated dollar. I wont no longer buy an okay example, if I cant afford a superb one, I just wont get one. I like owing exceptional quality vintage coins regardless if key date, a nice tough type is just as good to me.
I understand rarity as compared to few known examples, such as; pine tree shilling or 1964 sms set.
Condition rarity like an ms68 1938 D Buffalo nickel, while awesome, it is still one of many surviving examples.
I would take a true population rarity over a condition or high grade rarity most any day. A Doubled Die with 5 known examples is way cooler than a super high grade of a common coin.
I use that approach in my registry set, adding rare variety coins before common high grades.
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Always rarity. All of my coins at that price level are circulated, which I prefer over MS. Condition for the circulated grade is important.
I love the beat up ones that circulated. The idea that a coin that may fetch $5,000 or more and was dropped on a bar for a beer a century or two ago is fascinating.
Generally at that level I want both absolute and condition rarities to be in top condition.
Depends but probably would lean more towards condition in general.
Most coins people consider rare aren’t rare to me (see “key dates” with surviving pops in the thousands). Most coins that I consider actually rare and am interested in, early gold especially, wouldn’t be able to be had for $5k.
A 1913 V nickel looks the same as a 1912 nickel, might as well pay up for the coin that will give you more WOW factor looking at.
No. No I don't. I....almost... posted that whoever said I needed both would get ...fined... $5000.
Im working on Barber Dimes. For 5K you get both.
Be careful of calling Pine Tree shillings rare. They are much more common than you realize. That said, a decent looking one is certainly worth acquiring.
May be. 1846 half eagle small date. 50 survivors in all grades. Look it up in price guide. Less expensive than you may think for an 8.5 rarity in all grades. Lots of early quarter and half eagles like that. Finding nice ones for sale is tough.
Yes, here, the date is the WOW factor!
How bout condition rarity?
Condition is primary for me.... Now, that does not necessarily mean '70' condition....it means general appearance, free from major issues or an agglomeration of minor issues. I am a collector, so I acquire what attracts me. Cheers, RickO
What’s wrong with a combination of rarity and condition?
I voted wrong. I voted for rarity.
After some thought, I would not buy a rare coin in bad condition. I would buy a less rare coin in great condition.
Condition matters.
That's alright. I made the poll way too difficult anyway.
To me, it's all about looks. It has to be something I would enjoy getting out and looking at. A lower graded/problem rarity would not be as much fun to look at as say an MS-68 Common Date Morgan with outstanding eye appeal or an MS-64/65 1828 CBHD, or MS-66/66+ Barber Half. The list could go on and on...
And I am just the opposite. I would MUCH rather look at an XF 1815 half or even a VG 1797 half than any common date Morgan regardless of grade. As for Barber halves I would rather (and do) have a XF 1914 than a 63 1914 S for about the same price.
I think this is what topstuf is meaning. Let's say you have $5000 to buy a single Morgan dollar for a type set. Do you buy a better date like an 1893-S or 1889-CC in a circulated grade for $5000 or would you rather buy a common date in a top-pop MS grade for $5000?
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Can I pick all of the above?
I would spend it on rarity first but not on sub par condition so ideally for me is somewhat rare with best quality.
I'm in the rarity camp. if I like the condition and the price then yes ill go for that { for now )
Please let me clarify. I only want to please.
The "rarity" I had in mind was not a holed, plugged, bent or mutilated rarity.
Be careful. People might think the choice is only Morgans.
Would $10,000 buy both ?
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Oh darn. I forgot to include copies.
Coin collectors don't have that kind of money.
How about neither? I just buy what I like without much thought to either.
Send me a bill.
What about, price justified by what I can get for it at the pawn shop later?
I find the question to be too limited in scope.
:'(
I've only spent near $5k on a coin three times: 1795 dollar, 1805 half eagle, 1812 half eagle.
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i normally consider the look of the coin first...but if i can't see it...they it's going to be on condition because i don't want some lousy looking coin that i don't enjoy looking at and convincing myself it's rare.