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Would you rather have a rarer date low-grade coin or a more common date high-grade coin?

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    WalkerfanWalkerfan Posts: 8,976 ✭✭✭✭✭
    edited April 4, 2023 6:49PM

    As long as the coin isn't below an XF 45; I'd rather have the absolute rarity (key date) as opposed to the condition rarity (common date MS 67, etc.).

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    Dave99BDave99B Posts: 8,367 ✭✭✭✭✭

    Rare date/low grade every time.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
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    silviosisilviosi Posts: 456 ✭✭✭

    Depending of the collection I will choice the best I can have or find. Sometimes we come to rarities so we have to accept what we find and hope the day come for a better. I have a few varieties 1 of 1 knows. The best is MS-65 and in same series, normal ones was find in MS-68. I will like 68, but I accept what I have. Maybe the sunny day will come for those ones.

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

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    rec78rec78 Posts: 5,691 ✭✭✭✭✭
    edited April 4, 2023 7:47PM

    Sometimes this and sometimes that. A rare coin will always be rare, and a common coin will always be common and more easy to obtain. For me, it is what do I want to buy at the moment?.

    image
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    TorinoCobra71TorinoCobra71 Posts: 8,024 ✭✭✭

    Common date - High grade coin. Love me some MS65 and higher Morgan LUSTER BOMBS!!

    TC71

    image
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    HoledandCreativeHoledandCreative Posts: 2,767 ✭✭✭✭✭

    For type set or date/mint set, I prefer rare or common, high grade, and holed. Sadly, some just don't show up in high grade, I have plenty of low grade but still buy when needed for set. Some never show up for purchase.

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    CoinPhysicistCoinPhysicist Posts: 597 ✭✭✭✭
    edited April 4, 2023 11:25PM

    I'd rather have an AG3 chain cent than MS64 or 65 1909 S VDB or a 1919 in MS67+.

    @HoledandCreative said:
    For type set or date/mint set, I prefer rare or common, high grade, and holed. Sadly, some just don't show up in high grade, I have plenty of low grade but still buy when needed for set. Some never show up for purchase.

    Nothing is stopping you from making your own holes in coins! ;)

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    BustquarterhoundBustquarterhound Posts: 111 ✭✭✭

    Collecting early quarters by die variety and die state. Some of the varieties are just not available in grades above vf. However for me there's nothing more beautiful than large size bust quarter with lots of luster. So I'll have to vote for both.

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    VTchaserVTchaser Posts: 293 ✭✭✭

    By far the rare date in rough shape.

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    Shane6596Shane6596 Posts: 759 ✭✭✭✭✭

    Rare date, low grade to own.

    I can look at pics of rare date, high grade if the need arises.

    Successful BST transactions with....Coinslave87, ChrisH821, Walkerguy21D, SanctionII.......................Received "You Suck" award 02/18/23

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    Key dates are fun to own, but judging from my own buying pattern, I buy many more high grade common date coins.

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    TrampTramp Posts: 658 ✭✭✭✭✭

    @hfjacinto said:
    This one is hard..as an example in mercury dimes. For my type set I’ll look for the highest grade in a reasonable price, that would be my first choice, but for my mercury dime set, I looked for a reasonably priced lower grade 16-D( non details) as I truly wouldn’t pay the cost of a mint state one. My answer is ……squirrel.. 🐿️ what was I talking about??

    I'll take the rarer higher grade details, sharpness with eye appeal over a high grade common date.

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

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    BarberianBarberian Posts: 3,068 ✭✭✭✭✭

    I like nice looking rare coins in lower grades.

    Here's an odd example of this. The 1879-1890 halves, with their ultra-low mintages and high survivor rates, can be obtained readily in MS and PR grades, but the challenge for me is to find nice-looking low-grade examples as they are true condition rarities, and they are easier on my wallet.

    3 rim nicks away from Good
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    jesbrokenjesbroken Posts: 9,336 ✭✭✭✭✭

    If scarcer means older, then no brainer for me. Modern coins do not intrigue me rare or not. Most of the older coins fall into the scarce category, in my opinion and are of my liking, but to answer your question, the coins would have to be inhand and not photo's only to make the call. The more rare a coin is may make all the difference, but if such a low grade it is only known as to it's attributes then the less rare coin comes into play. Not a yes/no question nor answer. JMO
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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    124Spider124Spider Posts: 848 ✭✭✭✭✭
    edited April 6, 2023 11:12AM

    Meaning no disrespect, but that's kind of like asking, "Did you walk to school or carry your lunch." The two are not mutually exclusive. If I did type sets, I'd rather have a gorgeous common date than an ugly rarity filling that slot; for full series sets, it's different, to me.

    Years ago, I bought a 1916-D Mercury dime, in PCGS G04 condition, to finish the set. I didn't feel the pleasure I expected, because the coin isn't pretty.

    Because of that, I have not bought a low-grade 1893-S Morgan dollar, or 1916 Standing Liberty quarter, so those sets remain with a hole in them. And that's ok.

    But the definition of "low grade" is squishy, for me. I have a number of coins in the 25-45 range, because getting higher grades of those coins would have been too expensive, but I thought those were good enough (e.g., 1921, 1921-D and 1921-S WLHD in 25, 25 (CAC) and 30, respectively). If I felt comfortable paying as much as it would cost to get the 1916-D dime, 1916 quarter or 1893-S dollar in VF25, I would.

    Given that I have wide interests in what I buy, and not an unlimited budget, I buy the best grade of a coin that I can, but only if that's "good enough" that I think it's a reasonably attractive addition.

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    BuffaloIronTailBuffaloIronTail Posts: 7,415 ✭✭✭✭✭

    @wakkatop said:
    Me personally, I would rather have a more common date coin in condition rarity because I like things that are pretty to look at. What are your opinions?

    If I wanted a coin just to say I have one, I don't really care what it looks like.

    I ain't in the Registry game, and I couldn't afford it if I wanted to.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    TheRavenTheRaven Posts: 4,143 ✭✭✭✭

    For a type set a common date coin in a high grade.
    For a series collection a rare date coin in a lower grade will work for me as long as the rest of the set isn't high grade.

    Collection under construction: VG Barber Quarters & Halves
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    UncleJoeUncleJoe Posts: 2,522 ✭✭✭

    This is an easy choice for me.
    Rarer date low-grade coin.

    Joe.

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    SmudgeSmudge Posts: 9,262 ✭✭✭✭✭

    Rarer date, lower grade.

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    TwoSides2aCoinTwoSides2aCoin Posts: 43,863 ✭✭✭✭✭

    A doubled die 1916 Buffalo nickel in low grade or 1901-S Barber quarter; maybe. Good question. Every coin stands on it's own merit , so like Broadstruck put it.... , it depends.

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    JWPJWP Posts: 17,806 ✭✭✭✭✭

    For me it is the older the better. Would you rather have your coffee black and strong or fancy with whipped in a gaudy paper cup.

    USN & USAF retired 1971-1993
    Successful Transactions with more than 100 Members

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    semikeycollectorsemikeycollector Posts: 932 ✭✭✭✭✭
    edited April 6, 2023 8:57AM

    Sorry repost

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    coastaljerseyguycoastaljerseyguy Posts: 1,254 ✭✭✭✭✭

    For Morgans, rarer date and lower grade.

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    Cougar1978Cougar1978 Posts: 7,645 ✭✭✭✭✭
    edited April 6, 2023 10:34AM

    For me it’s a mix based on budget. If one setup at a show your competing with many players who have just about everything under the sun. The wildcard is the people coming into the bourse room.

    So Cali Area - Coins & Currency
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    lermishlermish Posts: 1,965 ✭✭✭✭✭

    @coastaljerseyguy said:
    For Morgans, rarer date and lower grade.

    I don't mean to pick on you, I am not anti-Morgan, but there is no business strike Morgan that should be in the same sentence as rare.

    The key date 93-S has over 11k straight graded examples between PCGS & NGC. There are 48 available on eBay right now. It's in high demand which drives the prices but it not rare.

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    marmacmarmac Posts: 1,427 ✭✭✭

    For me, better dates in lower grades rather than high grade common coins. Looking back over time in this hobby, high grade commons comprised a larger portion of my purchases early on, but as I developed, so did my interests.

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    lkeneficlkenefic Posts: 7,840 ✭✭✭✭✭

    I responded earlier by saying "it depends" on the set I'm putting together. Typically, I like the highest grade I can afford with the best eye appeal for a Type Set... that said, I'm now looking at early Half Cents and Fugios for inclusion in my Box of 20, and I'm down to least damaged with a readable date!! ;-)

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

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    OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭

    I like my coins like I like my steak cooked; rare and choice

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    coastaljerseyguycoastaljerseyguy Posts: 1,254 ✭✭✭✭✭

    @lermish said:

    @coastaljerseyguy said:
    For Morgans, rarer date and lower grade.

    I don't mean to pick on you, I am not anti-Morgan, but there is no business strike Morgan that should be in the same sentence as rare.

    The key date 93-S has over 11k straight graded examples between PCGS & NGC. There are 48 available on eBay right now. It's in high demand which drives the prices but it not rare.

    No issue taken but why I said 'rarer' date. But its also all in perspective, maybe only 48, & many look like crap, based on 1 of the most held collectible series. Cannot compare Morgan pop numbers to many other series, when the folks collecting Morgans outnumber them in multiples. But I was thinking 93-S, 89CC, 93CC, & 95S. I'll take one of these vs an MS 66 82-S anyday.

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    VetterVetter Posts: 791 ✭✭✭✭✭

    Rare date date anytime over high grade anytime.. Why do you think they call them rare dates!

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    JerseyBJerseyB Posts: 73 ✭✭✭

    I tend to buy more common dates that have what I think is better eye appeal.

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    coastaljerseyguycoastaljerseyguy Posts: 1,254 ✭✭✭✭✭

    @vulcanize
    Your story is very similar to mine, When I started collecting WLHs over 15 years ago I started with about 10 coins that were from my Dad who got from circulation. Most were the late 30-40s common dates. I then bot the rest from EBAY, starting with a small set of 6 coins that came with the double LOC album for $35. But it included some of the early dates in AG/G. Most of the rest bot were raw, and if not a key/semi key date, could be had for cheap on EBAY since silver was around $5.

    Other then the 21's and a couple others, most in F or lower were not worth slabbing and there were many raw coins to be had that were original. Unlike Morgans and maybe other early series, I do not think collectors and dealers were messing with WLHs like dipping, wiping, etc. to improve the coin. I have recently upgraded about 30 coins to improve my set. Although I started with Morgans and its still my favorite, been spending most of my time recently on my WLH collection. I really enjoy the series.

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    BillJonesBillJones Posts: 33,489 ✭✭✭✭✭

    If it’s on my list as a collectable, I will take the common coin.

    I have limits as to how far I will go with respect preservation. If I can’t afford a decent example, at lest VG, it will be a hole in my collection. Rarity does not justify collecting “junk.”

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    anablepanablep Posts: 5,032 ✭✭✭✭✭

    For the primary series I collect, I buy what I can afford, usually purchasing a common date, best example and then lower-graded key dates, which is in line with what other members are saying as well. However, I'd rather have a stunning example of a common coin vs. a basal state key date just for the sake of saying I have a key date.

    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
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    BarberianBarberian Posts: 3,068 ✭✭✭✭✭

    @COCollector said:
    Generally I prefer rarer dates in low grades -- mostly because I can't afford 'em in higher grades. :)

    1914 is the lowest-mintage Barber half dollar (124,230) and it's a favorite in my collection.

    I consider that to be a pretty good grade (VF30?) for a 1914. They don't come cheap with a bold LIBERTY like that coin has.

    3 rim nicks away from Good
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    COCollectorCOCollector Posts: 1,295 ✭✭✭✭✭

    @Barberian said:

    I consider that to be a pretty good grade (VF30?) for a 1914. They don't come cheap with a bold LIBERTY like that coin has.

    .

    Good eye...

    That was my first-ever Barber half, purchased just last year. And yes, a bit pricey by my standards -- especially for a Series that's new to me.

    Afterward, I got another low-mintage (188,000) Barber half that was MUCH more budget-friendly.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

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    WCCWCC Posts: 2,397 ✭✭✭✭✭

    I don't collect US coins at all anymore, but if I did, I'd buy the more common dates in the quality I want or not buy it at all.

    I wouldn't buy the scarcer dates as by my standards, virtually none of these coins are actually rare and those that actually are, I cannot afford anyway. Key dates in what I consider fairly or very common series (All Barber and later for non-gold plus a few earlier ones), same thing. Most are common and the few that aren't in better quality are too expensive also. If I had the budget for it, I'd still find something a lot more interesting for the same money, or less.

    There are a few US coins I'd eventually like to own, but not over what I collect now, e.g., Draped Bust half in AU (yes, probably the 1806) and the common date $20 Territorial gold.

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    DropdaflagDropdaflag Posts: 775 ✭✭✭✭

    I try to buy the one that speaks to me. Every situation is different.

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    erscoloerscolo Posts: 505 ✭✭✭✭✭

    I have only collected mint state or proof coins, and have not ventured before 1930 in doing so. The truly rare or scarce coins are not in my price range, so this is something I have never considered nor worried about. Like the last person stated, if it speaks to me, I am more likely to buy it. Every encounter is unique.

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