If you had $3,500 of my money and wanted one…

Options
lordmarcovan
lordmarcovan Posts: 45,335 ✭✭✭✭✭
edited July 28, 2023 7:07PM in U.S. Coin Forum

Would you buy this?

Flawed question. What about if it was your money?

https://www.pcgs.com/cert/36626311

Collector since 1976. On the CU forums here since 2001.

Comments

  • johnny010
    johnny010 Posts: 1,858 ✭✭✭✭✭
    Options

    Absolutely

  • lordmarcovan
    lordmarcovan Posts: 45,335 ✭✭✭✭✭
    Options

    @IkesT said:
    If you gave me the money, sure. ;)

    Here, I just gave you the money, virtually . Now are you gonna buy that coin virtually, or spend it on something else? ;)

    Collector since 1976. On the CU forums here since 2001.

  • alaura22
    alaura22 Posts: 3,963 ✭✭✭✭✭
    Options

    No, not my type
    Sorry

  • IkesT
    IkesT Posts: 4,600 ✭✭✭✭✭
    Options

    @lordmarcovan said:

    @IkesT said:
    If you gave me the money, sure. ;)

    Here, I just gave you the money, virtually . Now are you gonna buy that coin virtually, or spend it on something else? ;)

    In that case, I just bought the TrueView. Seems like a virtual bargain. ;)

  • spyglassdesign
    spyglassdesign Posts: 1,634 ✭✭✭✭✭
    Options

    I'd certainly consider it... It is a neat piece of history.

  • BillJones
    BillJones Posts: 35,933 ✭✭✭✭✭
    Options

    That looks like a small planchette pine tree shilling to me. If it is, and is not some super rare die variety, I would say no.

    The small Pine Tree shillings were struck on a screw press and were generally well made. You can do better than this. You could plunk down the $3,500 and find out a week later that a better struck one was available for $4,500.

    I had that happen to me this week. I got frustrated and plunked down $900 for an 1823 large cent in VF-20. As soon as I get home, I find that a dealer I know has a much better one in a VF-30 for $1,800. Too late! The commitment has been made. The better coin sold in a couple of days as well it should have.

    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 ... ?
  • johnny010
    johnny010 Posts: 1,858 ✭✭✭✭✭
    Options

    @BillJones

    And the coin could also sell and he not find a better option.

    I’d never call 300 a lot when comes to a well known piece of history. This coin is on my list and no one here is asking what it is.

    I think it’s worth owning at the mentioned price.

  • rte592
    rte592 Posts: 2,234 ✭✭✭✭✭
    Options

    I'd prefer gold or silver, but for almost 400 years old.
    If it's cheap enough.
    $3500 well I would spend that amount of money on something else.

  • Walkerfan
    Walkerfan Posts: 10,391 ✭✭✭✭✭
    edited July 28, 2023 7:50PM
    Options

    I agree with @BillJones . I had a similar situation happen to me. Thank God; I didn’t pull the trigger, on the inferior Coin. Wound up with a much better example for just a little more money only a few short days later. Patience is a virtue. The coin in the OP has a terrible strike. I am certain there are better ones out there.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

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

  • HillbillyCollector
    HillbillyCollector Posts: 736 ✭✭✭✭✭
    Options

    @rte592 said:
    I'd prefer gold or silver, but for almost 400 years old.

    >
    >
    Me too, brother!
    I don’t need something quite that old so I’m thinking I’ll just wait and pick up a Brasher Doubloon, on the cheap!😉😂

  • PeakRarities
    PeakRarities Posts: 4,858 ✭✭✭✭✭
    edited July 28, 2023 8:01PM
    Options

    Im with @BillJones. There was a reason this one went cheap 4 years ago in auction, and looking at the overall market trends for this issue, 75% price appreciation in 4 years doesn't seem appropriate. They don't appear to be exceedingly scarce, and imo I think you can do better, even if it means spending 4-4500 for one with a better strike.

    Founder- Peak Rarities
    Website
    Instagram
    Facebook

  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
    Options

    @rte592 said:
    I'd prefer gold or silver, but for almost 400 years old.
    If it's cheap enough.
    $3500 well I would spend that amount of money on something else.

    @HillbillyCollector said:

    @rte592 said:
    I'd prefer gold or silver, but for almost 400 years old.

    >
    >
    Me too, brother!
    I don’t need something quite that old so I’m thinking I’ll just wait and pick up a Brasher Doubloon, on the cheap!😉😂

    It is silver??????

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

  • 124Spider
    124Spider Posts: 1,270 ✭✭✭✭✭
    Options

    Having only four weeks ago concluded my search for a Pine Tree shilling, I would not.

    We all want different things in an old coin, so YMMV from mine.

    But I wanted a copy where all the lettering was clear (and all letters are essentially complete). Personally, I also wanted a large planchet. After a lot of searching, I paid more than that for a VF35 (formerly XF40 when in a PCGS holder) that met my desires; but not a great deal more (and when I spend that much on a coin, I'd rather bust the budget than have buyer's remorse).

    If that coin floats your boat, for a price you find attractive, go for it. Otherwise, keep looking. These things aren't actually rare (although can be hard to find in the condition you want), and (IMO) worth being a bit patient for.

  • HillbillyCollector
    HillbillyCollector Posts: 736 ✭✭✭✭✭
    Options

    @jmlanzaf said:

    @rte592 said:
    I'd prefer gold or silver, but for almost 400 years old.
    If it's cheap enough.
    $3500 well I would spend that amount of money on something else.

    @HillbillyCollector said:

    @rte592 said:
    I'd prefer gold or silver, but for almost 400 years old.

    >
    >
    Me too, brother!
    I don’t need something quite that old so I’m thinking I’ll just wait and pick up a Brasher Doubloon, on the cheap!😉😂

    It is silver??????

    Yeah, should have deleted all but the gold part. But the Brasher’s not silver and that was the direction I was going with my wish list.
    Peace

  • TurboSnail
    TurboSnail Posts: 1,669 ✭✭✭✭✭
    edited July 28, 2023 8:35PM
    Options

    Not even with your money. I collect coins only for their beauties not the value, rarity nor history . :p

  • Tramp
    Tramp Posts: 989 ✭✭✭✭✭
    Options

    @Cladiator said:
    I've learned that when I come across a coin I need to buy, the coin tells me itself. I'd say keep your powder dry for one that truly speaks to you.

    @124Spider said:
    (and when I spend that much on a coin, I'd rather bust the budget than have buyer's remorse).

    Good advise that I try to live by in this hobby. Do it right the first time. However, busting the budget lately is happening too often. Lol

  • HoledandCreative
    HoledandCreative Posts: 2,890 ✭✭✭✭✭
    Options

    I prefer a nicer coin with a hole in it for much less money. Not a rare coin, jmo.

  • Bochiman
    Bochiman Posts: 25,790 ✭✭✭✭✭
    Options

    @BillJones said:
    That looks like a small planchette pine tree shilling to me. If it is, and is not some super rare die variety, I would say no.

    The small Pine Tree shillings were struck on a screw press and were generally well made. You can do better than this. You could plunk down the $3,500 and find out a week later that a better struck one was available for $4,500.

    I had that happen to me this week. I got frustrated and plunked down $900 for an 1823 large cent in VF-20. As soon as I get home, I find that a dealer I know has a much better one in a VF-30 for $1,800. Too late! The commitment has been made. The better coin sold in a couple of days as well it should have.

    I had that happen with a 1793 half cent. I had my guy sell the first one I bought and ate the loss and bought the better, more expensive, 2nd one.
    Why keep one you won't remember fondly?

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • Bochiman
    Bochiman Posts: 25,790 ✭✭✭✭✭
    Options

    @lordmarcovan said:
    Would you buy this?

    Flawed question. What about if it was your money?

    One of these types has been on my want list for awhile...I have the money but haven't found the right one, at the right price, and so don't have it. I have all the MASS copper and want one of these....

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • lordmarcovan
    lordmarcovan Posts: 45,335 ✭✭✭✭✭
    Options

    Maybe I’ll cool my jets, then. Thanks to those who provided analysis.

    Collector since 1976. On the CU forums here since 2001.

  • lordmarcovan
    lordmarcovan Posts: 45,335 ✭✭✭✭✭
    Options

    I might go for a large planchet one day.

    Collector since 1976. On the CU forums here since 2001.

  • johnny9434
    johnny9434 Posts: 34,051 ✭✭✭✭✭
    Options

    all nice coin

  • Pnies20
    Pnies20 Posts: 2,604 ✭✭✭✭✭
    Options

    I wouldn't pay nearly double from what it sold for in 2019 for this particular coin. A better deal/coin will eventually come along.

    BHNC #248 … 140 and counting.

  • Conshyboy
    Conshyboy Posts: 479 ✭✭✭✭
    Options

    Nah would seek out various coins that I could never afford to own with trying to live on disability income

  • kaz
    kaz Posts: 9,378 ✭✭✭✭✭
    Options

    I'd wait for one with a better strike.

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
    Options

    If you are not entirely wanting it, or questioning whether or not you should get it, then you should probably wait for a better example.

  • anablep
    anablep Posts: 5,208 ✭✭✭✭✭
    Options

    You coin is beautiful, but I'd probably waste that $3500 on some common date Morgan dollar in MS67 because I can't help myself!

    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
  • golden
    golden Posts: 10,535 ✭✭✭✭✭
    Options

    I prefer the large planchet coin.

  • cameonut2011
    cameonut2011 Posts: 10,869 ✭✭✭✭✭
    Options

    Did it sticker?

  • Walkerfan
    Walkerfan Posts: 10,391 ✭✭✭✭✭
    Options

    @cameonut2011 said:
    Did it sticker?

    Ah yes, the eternal question…lol

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

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

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file