It feels SO good to know I am improving in numismatics.
NeophyteNumismatist
Posts: 1,117 ✭✭✭✭✭
I have a good friend that I met through my local coin club. While I am one of the "newbies" in the club, I have built a foundation of knowledge that allows me to keep-up (and sometimes teach) the others in the group. Lately, this friend and I have been going through his extensive collection to both teach me, and allow me to have first look at a few coins that he may be selling. While going through coins, he made the following statement...
"You will know when you are good at this when you can look at a sea of coins and pick one out that is special. You will know the quality and you will know the deal right away." This is rare for me. I know quality, but generally I need to study and lament. I do not feel very comfortable making very fast decisions in numismatics (especially when its outside of half cents - my target series).
Well, yesterday I saw a 1936 S/S (FS-501), but it was not on the holder. The coin was priced the same as a standard 1936-S mint, and I thought it was a good deal. I quickly verified that the coin was, in fact, the FS-501... then, I made an offer that made a good deal GREAT - and the seller accepted. It felt really good to be able to exercise the knowledge I have built and get a nice coin at a nice price.
I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.
Comments
Well done!
https://www.youtube.com/watch?v=YKp7g0mxHVc
Sweet! 🍒
BHNC #248 … 140 and counting.
Fantastic!
very nice
way cool
Wonderful!
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Nice pickup!
An authorized PCGS dealer, and a contributor to the Red Book.
very nice pickup
SELF BANNED JUST WHAT THIS FORUM WANTS AND SAPRE ME THE FAKE SPEECHES AND SUCH WE KNOW THE TRUTH
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I love this statement.
The next level is to be able to identify special coins at acceptable prices. This takes a working knowledge of the market, which only comes from constant application and immersion.
When I was knee-deep in my Peace dollar collection, I stopped by Larry Shapiro's table one day at a Long Beach show. I instantly took a liking to a gorgeous 27-S that to me stood out like a sore thumb. I drooled and oogled, but ultimately passed, not due to lack of interest, but lack of $$. I called him back a couple of weeks later and bought the coin...... but to his credit and my detriment, it had acquired a green sticker in the interim. That meant the price was higher. I bought it anyway, at a strong premium to an average MS65.
A couple of years later when it was time to sell, a few coins deserved a chance at regrade and that coin made it into a 65+ holder on the first try, making it a condition census coin. That was a very nice day.
Special coins will always be special coins and they exist at every grade and price level.
Very nice. I know the feeling... I try not to be too snappy either when making numismatic decisions... I've made a fair bit of mistakes so I'm more careful these days.
While I am getting better at it, there are some series that I am getting closer to that level on... Spotting a deal quicker.
Thanks for sharing your success story and nice pickup!
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
Good looking Buff.
Great post!
Glad you’re progressing.
Great cherrypick, too. 😉 👍
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Thanks all... I was happy to get a cherrypick win over the weekend. I appreciate all the kind words.
I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.
Congrats! That's a nice numismatic victory. It's fun to make some profit off newly acquired knowledge.
Nice going! That is an obvious RPM with a big North-South spread. Congrats
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Score!
I congratulate your awareness.
Very nice!
My YouTube Channel
Looks like you're gonna have to change your username now.
Roman emperor Marcus Aurelius, "Meditations"
Apparently I have been awarded the DPOTD twice.
Good looking Buff.