@robbylu52 said:
So if I found a 1961 nickel with almost 90% full steps it would be worth virtually nothing but add fs designation and it is now $16,000?
First of all, a 1961 nickel in 66 with 90% full steps is not "worth virtually nothing", it's worth $50 or $60.
I found a 1926-S dime in 67 with 90% FB, it's 10k. Add FB and it's 55k.
I found a 1931-S dime in 67with 90% FB, it's $900.. Add nothing but FB and it's $17,500
I found a1945 dime in 63 with 90% FB , it's $14. Add nothing but FB and it's $6500
I found a1945 dime in 67 with 90% FB , it's $75. Add nothing but FB and it's $47,500
I found a 1961 nickel in 66 with 90% full steps and it's $60. Add nothing but FS and it's $20,000
eReally, what's the difference. The price difference for the 1961 nickel looks modest compared to the 1945 Mercury dime.
Just giving collectors some food for thought. Just seems strange to pay such a premium for an essentially common date modern nickel just for fs,.? I am not telling anyone how to spend their cash. Just stating an opinion. I am a purist old time collector who doesn’t buy into fads.
@robbylu52 said:
I will buy all the 90%.! That’s tremendous value. Will buy fb fh if the multiples aren’t crazy.
I don't disagree with you. I don't play the top pop game. But I don't deny that there is value there and that some people want those very rare condition coins.
If I were a billionaire, I could not bring myself to spend $5 million for ANY coin. That doesn't mean there are no coins worth $5 million. It means there are no coins worth $5 million to me.
But there are paintings not even by the masters selling for a $100 million or so and a great coin isn’t worth buying for $5 million. If I won mega millions for several hundred million I would be buying these gem coins left and right lol. These are irreplaceable coin masterpieces
I understand completely. But that doesn’t invalidate my opinion about the value of these coins. I thought I was giving a rational thought about this topic but seems like collectors are taking offense. I never said people shouldn’t spend money as they see fit. Seems like I am ruffling their feathers by questioning the wisdom of spending such large sums ..
Most of these comments are on conditional rarity as opposed to true rarity. So a ms 69 1881s Morgan could be priced at say $50,000. Is it truly rare, no. I see this more and more with these so claimed registry type coins being advertised. Common coins will never be rare. So that’s my point with the 61 nickel. Let’s see if these wonder coins stand the test of time value wise
I own a Civil War Token with fewer than 10 known examples, and it's a nice one too. It cost me $57. That is a rare piece, but since there's little or no collector demand for it, it's not going to sell for big money.
Meanwhile a 1916-D Merc in AG-VG grades is common. I can go on Ebay or to any coin show and find many. But how many Mercury Dime collectors are there? Lots, and all of them need a 1916-D to complete their set.
"You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."
Just surprised you are a enthusiastic collector who became a billionaire and won’t spend a mere 5 million on a great historical coin. Most coin people dream of this scenario
I really don't care what others spend on their coins. It does bother me somewhat whether they really know about the quality of those coins they're buying. Poorly struck coins, for example. I guess the only sensible thing I can say to possibly help them understand how to better grade their own coins .....a higher quality coin can not have more marks than a lower quality coin or worse, less of a strike.
But is there a better way to illustrate this than to post a worthy coin?
With 30+ years with this series, my 1939-P Rev. of 1938 coin is the only example I have that shows all 5 steps on the left end steps of the Monticello (your left). The right side/end is always fully struck. For those collectors who search for the earliest of die states on their coins also look for sharp detailed windows where that section line on top of the windows stands out in full detail......on all four of them.
I can't show that coin because it doesn't blow up like the one posted. Right click on photo to open up in another tab to make it larger. Check out the left end steps how they aren't full and how sharp the top of windows are. This 1942-S is more of a full step example than most out there. Had the strike been less, the steps would have filled out more.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
@robbylu52 said:
Just surprised you are a enthusiastic collector who became a billionaire and won’t spend a mere 5 million on a great historical coin. Most coin people dream of this scenario
I doubt it. If this were true the price level would likely be noticeably higher, in US coinage and otherwise.
@robbylu52 said:
I never would. My money will go only into real value.
You never answered my question.
If you found a 1961 in a mint set and it graded MS66 FS... what would be your asking price?
Apologies to Churchill and Adam West, but that sir, "is a riddle, wrapped in a mystery, inside an enigma, but perhaps there is a key. That key is [ your financial ] interest."
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
@robbylu52 said:
I would price it below the cpg coin estimate like DLRC does or place it. In their auction at no reserve to give the collectors a break
@robbylu52 said:
I would price it below the cpg coin estimate like DLRC does or place it. In their auction at no reserve to give the collectors a break
"To give the collector's a break" ??
It's impressive to misquote a prior post, even putting the alleged statement in quotation marks, and yet somehow change the grammar from correct into incorrect.
Have nothing against Jefferson nickels, just questioning why a 1961 nickel in would jump from $50 to $15,000 because of a full step, which is more esoteric than the ms 1945 fb Mercury which is more established and popular and also overpriced. At least the standing liberty quarter fh is a more visible difference in a coins strike.
And I paid pennies for my 1942 ms 65 fb designation over the regular non fb.
I would buy a 1926s ms 65 fb for say $60,000 as opposed to $15,000 for a non fb. This is a legitimately rare coin in ms regardless of fb designation. Paying $50,000 for a 1945 fb is over 1000!! multiple on non fb
@robbylu52 said:
I would buy a 1926s ms 65 fb for say $60,000 as opposed to $15,000 for a non fb. This is a legitimately rare coin in ms regardless of fb designation. Paying $50,000 for a 1945 fb is over 1000!! multiple on non fb
@robbylu52 said:
I understand completely. But that doesn’t invalidate my opinion about the value of these coins. I thought I was giving a rational thought about this topic but seems like collectors are taking offense. I never said people shouldn’t spend money as they see fit. Seems like I am ruffling their feathers by questioning the wisdom of spending such large sums ..
Value is in the eye of the purchaser. A bag of FS 1961 nickels could be found tomorrow. Bu unsearched for FS 1961 nickel rolls are still out there. Search for one and see how many you can find. People with big money may think a little differently. Anybody can get a 1916-D dime, but few if any, can get a FS 1961 Jefferson nickel. The value is there, now that you know how rare a 1961 FS Jefferson nickel is, maybe you can cherry pick one and make a lot of money on it. I search for them because of the profit potential, not because I am interested in collecting them.
I will say that I enjoyed this thread.
@robbylu52 said:
I would buy a 1926s ms 65 fb for say $60,000 as opposed to $15,000 for a non fb. This is a legitimately rare coin in ms regardless of fb designation. Paying $50,000 for a 1945 fb is over 1000!! multiple on non fb
A 1961 FS Jefferson is a legitimately rare coin also.
@robbylu52 said:
I would rather buy a very high grade early Jefferson which has tremendous eye appeal than pay a huge premium for a late date huge mintage fs coin
Well, good for you. Other people would like to pay $16k for FS Jeff Nickel or $45K for a FB Merc dime. For that matter some people wanted to purchase an 1822 Half Eagle for $8 million. If you really think about what's the difference in any of those? DEMAND...the value comes in when the demand is high but the supply is low. It all works itself out eventually.
And how many "purchasers" there are relative to how many of those items are available. If there are enough people who desire 1961 FS nickels and there are few available...the value skyrockets. Sounds like basic econ to me.
A 1822 half eagle is like a Rembrandt A.19th century masterpiece blue chip investment. One of the greatest coins. Legitimately rare, not relying on some add on like fb fs fh etc. to achieve rarity. I think people are missing the point of inherently rare vs conditionally rare. A 1961 nickel is still a high mintage more modern coin, as opposed to very rare older low population established collector coins that will always be in demand.
I think the only thing you can do is vet a number of 1961 nickels with your discerning eye and submit to the grading services to ascertain their legitimacy.
If I am buying a late date common coin it would be a 1955 double die penny or a 1942/1 dime which are major established rarity’s and have dramatic eye appeal
Comments
First of all, a 1961 nickel in 66 with 90% full steps is not "worth virtually nothing", it's worth $50 or $60.
I found a 1926-S dime in 67 with 90% FB, it's 10k. Add FB and it's 55k.
I found a 1931-S dime in 67with 90% FB, it's $900.. Add nothing but FB and it's $17,500
I found a1945 dime in 63 with 90% FB , it's $14. Add nothing but FB and it's $6500
I found a1945 dime in 67 with 90% FB , it's $75. Add nothing but FB and it's $47,500
I found a 1961 nickel in 66 with 90% full steps and it's $60. Add nothing but FS and it's $20,000
eReally, what's the difference. The price difference for the 1961 nickel looks modest compared to the 1945 Mercury dime.
[All prices via PCGS price guide.]
Just giving collectors some food for thought. Just seems strange to pay such a premium for an essentially common date modern nickel just for fs,.? I am not telling anyone how to spend their cash. Just stating an opinion. I am a purist old time collector who doesn’t buy into fads.
If I am spending 5 figures for a 1961 nickel Mr. Jefferson needs to pop out of the case, Lol.
How many collectors would spend this money for such a nickel or a ms 68 silver dollar. Just curious if others agree with me.
1881s etc. that is what I mean.
Don’t mean to offend fs collectors just don’t understand the value that’s all
I will buy all the 90%.! That’s tremendous value. Will buy fb fh if the multiples aren’t crazy.
I don't disagree with you. I don't play the top pop game. But I don't deny that there is value there and that some people want those very rare condition coins.
If I were a billionaire, I could not bring myself to spend $5 million for ANY coin. That doesn't mean there are no coins worth $5 million. It means there are no coins worth $5 million to me.
The value has been explained to you by several posters already, but nobody can understand it for you.
But there are paintings not even by the masters selling for a $100 million or so and a great coin isn’t worth buying for $5 million. If I won mega millions for several hundred million I would be buying these gem coins left and right lol. These are irreplaceable coin masterpieces
Some are in collections that will rarely if ever available. Don’t think you are a true coin connoisseur.
You seem to be having difficulty with the concept that not everybody likes the same things equally.
I understand completely. But that doesn’t invalidate my opinion about the value of these coins. I thought I was giving a rational thought about this topic but seems like collectors are taking offense. I never said people shouldn’t spend money as they see fit. Seems like I am ruffling their feathers by questioning the wisdom of spending such large sums ..
At 6:43PM, you said: "just don’t understand the value that’s all"
Just sayin'.
Most of these comments are on conditional rarity as opposed to true rarity. So a ms 69 1881s Morgan could be priced at say $50,000. Is it truly rare, no. I see this more and more with these so claimed registry type coins being advertised. Common coins will never be rare. So that’s my point with the 61 nickel. Let’s see if these wonder coins stand the test of time value wise
I own a Civil War Token with fewer than 10 known examples, and it's a nice one too. It cost me $57. That is a rare piece, but since there's little or no collector demand for it, it's not going to sell for big money.
Meanwhile a 1916-D Merc in AG-VG grades is common. I can go on Ebay or to any coin show and find many. But how many Mercury Dime collectors are there? Lots, and all of them need a 1916-D to complete their set.
"You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."
That dead horse has been beaten to smithereens.
Smitten with DBLCs.
The solution is simple.
Don't bid on it.
I never would. My money will go only into real value.
Ahh....... OK.
Bizarre thread.
CAC adds value. Fb 65,000 not crazy at all compared to $39,000. 61 nickel $50 to $16,000 fs very crazy
No comparison with your other examples
No, your money will go into YOUR PERCEPTION of real value. That is not the same thing.
That's a very funny thing to say given that this whole thread is about your individual perception and yet you deny mine.
Just surprised you are a enthusiastic collector who became a billionaire and won’t spend a mere 5 million on a great historical coin. Most coin people dream of this scenario
Just seems like you were trivializing great rarities
These are our Picasso’s
I really don't care what others spend on their coins. It does bother me somewhat whether they really know about the quality of those coins they're buying. Poorly struck coins, for example. I guess the only sensible thing I can say to possibly help them understand how to better grade their own coins .....a higher quality coin can not have more marks than a lower quality coin or worse, less of a strike.
But is there a better way to illustrate this than to post a worthy coin?
With 30+ years with this series, my 1939-P Rev. of 1938 coin is the only example I have that shows all 5 steps on the left end steps of the Monticello (your left). The right side/end is always fully struck. For those collectors who search for the earliest of die states on their coins also look for sharp detailed windows where that section line on top of the windows stands out in full detail......on all four of them.
I can't show that coin because it doesn't blow up like the one posted. Right click on photo to open up in another tab to make it larger. Check out the left end steps how they aren't full and how sharp the top of windows are. This 1942-S is more of a full step example than most out there. Had the strike been less, the steps would have filled out more.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Horse meat is tough if you don't tenderize it properly.
Beautiful nickel. What eye appeal
I doubt it. If this were true the price level would likely be noticeably higher, in US coinage and otherwise.
You never answered my question.
If you found a 1961 in a mint set and it graded MS66 FS... what would be your asking price?
Apologies to Churchill and Adam West, but that sir, "is a riddle, wrapped in a mystery, inside an enigma, but perhaps there is a key. That key is [ your financial ] interest."
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
I would price it below the cpg coin estimate like DLRC does or place it. In their auction at no reserve to give the collectors a break
"To give the collector's a break" ??
Yes I would price at well below the cpg to make the price attractive. Why I should give it away for nothing?
Just because some people buy into the hype of full steps
It's impressive to misquote a prior post, even putting the alleged statement in quotation marks, and yet somehow change the grammar from correct into incorrect.
And yet you bought into the "hype" of "full bands" judging by the coin you purchased for your CAC experiment.
I think you just don't like/respect Jefferson nickels.
Have nothing against Jefferson nickels, just questioning why a 1961 nickel in would jump from $50 to $15,000 because of a full step, which is more esoteric than the ms 1945 fb Mercury which is more established and popular and also overpriced. At least the standing liberty quarter fh is a more visible difference in a coins strike.
And I paid pennies for my 1942 ms 65 fb designation over the regular non fb.
I would rather buy a very high grade early Jefferson which has tremendous eye appeal than pay a huge premium for a late date huge mintage fs coin
Don’t need the extra steps to validate my Jefferson
I would buy a 1926s ms 65 fb for say $60,000 as opposed to $15,000 for a non fb. This is a legitimately rare coin in ms regardless of fb designation. Paying $50,000 for a 1945 fb is over 1000!! multiple on non fb
Because that is how rare it is.
Value is in the eye of the purchaser. A bag of FS 1961 nickels could be found tomorrow. Bu unsearched for FS 1961 nickel rolls are still out there. Search for one and see how many you can find. People with big money may think a little differently. Anybody can get a 1916-D dime, but few if any, can get a FS 1961 Jefferson nickel. The value is there, now that you know how rare a 1961 FS Jefferson nickel is, maybe you can cherry pick one and make a lot of money on it. I search for them because of the profit potential, not because I am interested in collecting them.
I will say that I enjoyed this thread.
A 1961 FS Jefferson is a legitimately rare coin also.
Well, good for you. Other people would like to pay $16k for FS Jeff Nickel or $45K for a FB Merc dime. For that matter some people wanted to purchase an 1822 Half Eagle for $8 million. If you really think about what's the difference in any of those? DEMAND...the value comes in when the demand is high but the supply is low. It all works itself out eventually.
And how many "purchasers" there are relative to how many of those items are available. If there are enough people who desire 1961 FS nickels and there are few available...the value skyrockets. Sounds like basic econ to me.
jom
Never collected Jefferson Nickels. After reading this thread I want a 1961 Jeff nickel with full steps!
A 1822 half eagle is like a Rembrandt A.19th century masterpiece blue chip investment. One of the greatest coins. Legitimately rare, not relying on some add on like fb fs fh etc. to achieve rarity. I think people are missing the point of inherently rare vs conditionally rare. A 1961 nickel is still a high mintage more modern coin, as opposed to very rare older low population established collector coins that will always be in demand.
I think the only thing you can do is vet a number of 1961 nickels with your discerning eye and submit to the grading services to ascertain their legitimacy.
If I am buying a late date common coin it would be a 1955 double die penny or a 1942/1 dime which are major established rarity’s and have dramatic eye appeal
I have a bit of time to waste, so I posted here