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Anyone else notice?

BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
edited May 4, 2020 2:51PM in U.S. Coin Forum

As the world seems to be ending there's no really great coin buys. Seems all that's being sold now are the sacrificial coins which are better fit for tossing in a volcano. Over the course of the last 2 months I'm mostly just seeing stuff with ho hum eye appeal so butt fugly I wish you could un-see some.

Has anyone bought anything spectacular since March?

If so please post!

To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!

Comments

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    Spectacular may be an overstatement, but I have bid on several eye-appealing coins (mostly for my Registry set) since the pandemic took hold, and managed to win one last week. But I can't really gauge to what degree overall potential sellers are holding back their 'A' material during this period.

  • SmudgeSmudge Posts: 9,824 ✭✭✭✭✭

    Seems that a lot of collectors are not going to sell their best coins in this economic situation and prices haven’t dropped that much either, yet. Strange times indeed. There was an earlier thread here and most stated that they were on hold.

  • MFeldMFeld Posts: 14,962 ✭✭✭✭✭
    edited May 4, 2020 3:19PM

    @Broadstruck said:
    As the world seems to be ending there's no really great coin buys. Seems all that's being sold now are the sacrificial coins which are better fit for tossing in a volcano. Over the course of the last 2 months I'm mostly just seeing stuff with ho hum eye appeal so butt fugly I wish you could un-see some.

    Has anyone bought anything spectacular since March?

    If so please post!

    If, even without the gross exaggeration, you really believe that, you haven’t been nearly thorough enough in your searching.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Threads like this amuse me. There are good, nice, bad and coins of all kinds all the time. It is no better or worse right now.

  • sellitstoresellitstore Posts: 3,053 ✭✭✭✭✭

    @DIMEMAN said:
    Threads like this amuse me. There are good, nice, bad and coins of all kinds all the time. It is no better or worse right now.

    I guess that we were expecting more of a change in the market but nice coins are never easy to find.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    @LJenkins11 said:
    I think the threshold of what is fugly is personal to the buyer so there will be variants in the the replies. I obtained this since March and first year Carson half dollars are not an easy coin, i'm happy with it. IMO the Liberty Seated Half series has had many nice coins come to market in the last few months.

    Beautiful coin!

  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭

    It did occur to me that the virus really didn't hit us until 4-6 weeks ago. When a person decides to sell a coin through auction or via consignment, the process often takes 3-4 months. Coins need to be acquired, sent for re-grade or re-stickering, photographed, cataloged, etc. The stuff hitting the markets now often took that long to work through the system. We might see a real dearth of good stuff 3 months from now, toward the end of the summer doldrums anyhow.

    We'll see, but there's always good stuff out there. Financial pressure might bring a few out too.

  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭

    I got email alerts from CRO, DKRC, and HLRC with many sweet coins. Nothing fit for me but there were some big temptations.
    Lance.

  • coinsarefuncoinsarefun Posts: 21,760 ✭✭✭✭✭

    As bad as it is I think it much worse for people in the income bracket much lower
    than those of coin collectors. I’ve been watching Ebay and no real low prices.
    Good stuff goes for good $$$.

  • braddickbraddick Posts: 24,858 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    GTG?
    I'll go with ANACS AU50.

    ;)

    peacockcoins

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭

    @lkeigwin said:
    I got email alerts from CRO, DKRC, and HLRC with many sweet coins. Nothing fit for me but there were some big temptations.
    Lance.

    Yep ... I found a few nice pieces to add to the set.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • jmlanzafjmlanzaf Posts: 36,855 ✭✭✭✭✭

    @MFeld said:

    @Broadstruck said:
    As the world seems to be ending there's no really great coin buys. Seems all that's being sold now are the sacrificial coins which are better fit for tossing in a volcano. Over the course of the last 2 months I'm mostly just seeing stuff with ho hum eye appeal so butt fugly I wish you could un-see some.

    Has anyone bought anything spectacular since March?

    If so please post!

    If, even without the gross exaggeration, you really believe that, you haven’t been nearly thorough enough in your searching.

    I would think that most of the consignments to the bigger auctions like Central States would have been prior to the world ending.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 36,855 ✭✭✭✭✭

    @BryceM said:
    It did occur to me that the virus really didn't hit us until 4-6 weeks ago. When a person decides to sell a coin through auction or via consignment, the process often takes 3-4 months. Coins need to be acquired, sent for re-grade or re-stickering, photographed, cataloged, etc. The stuff hitting the markets now often took that long to work through the system. We might see a real dearth of good stuff 3 months from now, toward the end of the summer doldrums anyhow.

    We'll see, but there's always good stuff out there. Financial pressure might bring a few out too.

    This.

    Stack's also had another installment of the Pogue auction last month.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • messydeskmessydesk Posts: 20,329 ✭✭✭✭✭

    There was a great collection of British trade dollars that went off last night for some bonkers prices. I bought some nice world gold at the CSNS auction.

    I think the ANA auction could be interesting, since consignment decisions had to be made as the world was ending.

  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭

    All of the dealers I haunt say things are great and are only afraid of running out of good material, not of business slowing down in general. I think the junk dealers who only sell at shows got smacked but the quality guys seem to be hanging in. I'm sure it's tougher to replace sold inventory, but I'm not seeing any bargains.

    ANA-LM, NBS, EAC
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    I just made a decision tonight! I'm headed to the liquor store tomorrow to stock my cabinet with a years supply! People and my government are not taking this seriously. I'm so glad I have some land around me to protect me from the ignorant populace!

  • coinbufcoinbuf Posts: 11,861 ✭✭✭✭✭

    @amwldcoin said:
    I just made a decision tonight! I'm headed to the liquor store tomorrow to stock my cabinet with a years supply! People and my government are not taking this seriously. I'm so glad I have some land around me to protect me from the ignorant populace!

    One bottle of MD20/20?

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • winestevenwinesteven Posts: 4,973 ✭✭✭✭✭

    While Classic Silver Commems are clearly out of favor, with prices dropping like a hot knife through butter over the past few years, I’ve used that to start putting together a 50 coin Type Set. I picked up the below coin a week ago in the Heritage auction, at a very fair price. I think @ricko will really like it.

    https://caimages.collectors.com/coinimages/42396/25680642/alab_Obv.jpg

    https://caimages.collectors.com/coinimages/42396/25680642/alab_rev.jpg

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • CommencentsCommencents Posts: 349 ✭✭✭

    Bought this last week. Looked at well over 1,000 "Toned" MS Morgan's before spotting it. My dealer friend thinks prices will go down soon but I haven't noticed any reductions. Thankful people are still selling.

  • winestevenwinesteven Posts: 4,973 ✭✭✭✭✭

    @Commencents said:

    Bought this last week. Looked at well over 1,000 "Toned" MS Morgan's before spotting it. My dealer friend thinks prices will go down soon but I haven't noticed any reductions. Thankful people are still selling.

    Liberty seems to have morphed into an Eagle! 😁

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Some of us finished our weeding a year ago. :p

  • air4mdcair4mdc Posts: 938 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    Would this be a strike thru? The eye through the head of JFK? Interesting pattern, I have not seen anything like the 9 o’clock to the 12 o’clock position like that before.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    As a buyer I have had no problem finding what I want.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @winesteven....Yes indeed....I certainly approve of that Alabama commemorative...deserves a RickO sticker.... ;) Cheers, RickO

  • Namvet69Namvet69 Posts: 9,272 ✭✭✭✭✭

    Looks like a strike thru frayed cloth and thread fibers. IMO. Very nice. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • oldabeintxoldabeintx Posts: 2,471 ✭✭✭✭✭

    Won four lots of medals in an Italian auction last weekend. Paid strong money to get them IMO.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @braddick said:

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    GTG?
    I'll go with ANACS AU50.

    ;)

    That's what is on the lable> @air4mdc said:

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    Would this be a strike thru? The eye through the head of JFK? Interesting pattern, I have not seen anything like the 9 o’clock to the 12 o’clock position like that before.

    Yes, this coin is Struck Thru Cloth.

    This is the only Half Dollar that I have seen with a struck thru cloth pattern.

    Way undegraded IMO.

  • johnny9434johnny9434 Posts: 29,305 ✭✭✭✭✭
    edited May 5, 2020 10:57AM

    I noticed it's hard to find what I an looking for and like it as said I have to dig deeper to find it as well. Will keep at it for the time being

  • PerryHallPerryHall Posts: 46,890 ✭✭✭✭✭

    @asheland said:
    No coins, but I got a nice note since March:
    PMG 65 EPQ

    Very neat note. I like those blue and red silk threads embedded in the paper. It was used to thwart counterfeiting attempts although I'm not certain how effective this was. I understand counterfeiters used to create these lines using fine tipped pens with blue and red ink.

    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

  • jmlanzafjmlanzaf Posts: 36,855 ✭✭✭✭✭

    @Commencents said:

    Bought this last week. Looked at well over 1,000 "Toned" MS Morgan's before spotting it. My dealer friend thinks prices will go down soon but I haven't noticed any reductions. Thankful people are still selling.

    Are those die polish lines or something else?

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • seanqseanq Posts: 8,735 ✭✭✭✭✭

    Nothing earth-shaking but I have had really good luck cherrypicking over the past month, not sure if there is fresher material coming to eBay or if I just have more time to hunt.

    Sean Reynolds

    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • EdGOhioEdGOhio Posts: 107 ✭✭✭

    I have no set coin(s) I'm after so it's been kinda open for me and having time to search and search and search has helped me out getting a few keepers for me. The 1858 is in getting graded now.



    Strive not to be a success, but rather to be of value.

    • Albert Einstein
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    edited May 5, 2020 2:25PM

    Has anyone bought anything spectacular since March?

    Johnny Lee would ask why you've been "Lookin' for coins in all the wrong places??? :p



  • ashelandasheland Posts: 23,784 ✭✭✭✭✭

    @PerryHall said:

    @asheland said:
    No coins, but I got a nice note since March:
    PMG 65 EPQ

    Very neat note. I like those blue and red silk threads embedded in the paper. It was used to thwart counterfeiting attempts although I'm not certain how effective this was. I understand counterfeiters used to create these lines using fine tipped pens with blue and red ink.

    Indeed the fibers are cool. You can see them inside the paper. 👍

  • msch1manmsch1man Posts: 809 ✭✭✭✭

    @lkeigwin said:
    I got email alerts from CRO, DKRC, and HLRC with many sweet coins. Nothing fit for me but there were some big temptations.
    Lance.

    Agreed...got all those same e-mails. In fact, just today got another earlybird from CRO with 51 amazing coins and 26 minutes later got an email from DWN with an amazing 1810 Half Eagle...unfortunately, don't have the budget right now for any of the ones that caught my eye.

  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭

    @silverpop said:
    if a coin gets my notice it gets bought that is how i do coin buying

    Wish I had your money!😜

    Ken
  • thebeavthebeav Posts: 3,931 ✭✭✭✭✭

    I've always felt that nice coins are in strong hands. If those hands don't feel like selling at any given time, they just won't.
    I don't know if the world is ending, but the sky is at least a half-mile lower than it was in February.

  • air4mdcair4mdc Posts: 938 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @braddick said:

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    GTG?
    I'll go with ANACS AU50.

    ;)

    That's what is on the lable> @air4mdc said:

    @ErrorsOnCoins said:
    Bought this a week or so ago ...

    Would this be a strike thru? The eye through the head of JFK? Interesting pattern, I have not seen anything like the 9 o’clock to the 12 o’clock position like that before.

    Yes, this coin is Struck Thru Cloth.

    This is the only Half Dollar that I have seen with a struck thru cloth pattern.

    Way undegraded IMO.

    I see the fibers now when I zoom in. I really like the coin very much, being a Kennedy half collector.
    I think it could be a 62-63.

  • MFeldMFeld Posts: 14,962 ✭✭✭✭✭

    @jmlanzaf said:

    @Commencents said:

    Bought this last week. Looked at well over 1,000 "Toned" MS Morgan's before spotting it. My dealer friend thinks prices will go down soon but I haven't noticed any reductions. Thankful people are still selling.

    Are those die polish lines or something else?

    Die polish lines.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • DCWDCW Posts: 7,633 ✭✭✭✭✭

    CRO early bird email had a large variety of great pieces like always.
    I am always in awe of how quickly his pieces sell, and this one was no different.
    $4k exonumia gone in minutes.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • BuffaloIronTailBuffaloIronTail Posts: 7,550 ✭✭✭✭✭

    @coinbuf said:

    @amwldcoin said:
    I just made a decision tonight! I'm headed to the liquor store tomorrow to stock my cabinet with a years supply! People and my government are not taking this seriously. I'm so glad I have some land around me to protect me from the ignorant populace!

    One bottle of MD20/20?

    NO. Everybody is already mad!

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon

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