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Buying the best quality you can afford …

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  • MFeldMFeld Posts: 15,099 ✭✭✭✭✭

    Yah I’m enjoying building a double set of proofs for my two boys - have two examples for most dates , one colored and one cameo

    I have the coin in hand and it’s definitely a WOW coin - it’s simply in the wrong holder. 25 year old thick ngc plastic is the main drawback that I can see. It’s not as cameo as my current coin [which has a near dcam obverse] but it’s a twin in all other aspects. Can’t decide which of the two I prefer for color. It does look just like the Heritage image and I’m quite pleased.

    I’m glad to hear you’re pleased with the coin. And considering that you can’t decide which of the two you like better, color-wise, it’s a really good thing you’re building a double set of Proofs.😉

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

  • SimonWSimonW Posts: 1,259 ✭✭✭✭✭
    edited September 9, 2025 11:03PM

    I'm not batting in the major leagues, but I've certainty been burned "buying the best you can afford."

    My philosophy is two fold.

    1. Value. Don't buy a coin because it's expensive, buy it because it has value. Wherever that value comes from...it's different for everyone. Sometimes the value comes because it has a wonderfully original look, sometimes it's toning, others it's a flawless strike, yet others a rare variety. Make sure you value it at least as much as you pay, hopefully moreso. If you do, it's likely that someone else will down the road.

    2. Is it special? Or is it like all the other average Morgan dollars?

    If it's special and it has value, it's worth buying. Now ask yourself if you can afford it.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • PeakRaritiesPeakRarities Posts: 4,685 ✭✭✭✭✭

    @SimonW said:
    I'm not batting in the major leagues, but I've certainty been burned "buying the best you can afford."

    My philosophy is two fold.

    1. Value. Don't buy a coin because it's expensive, buy it because it has value. Wherever that value comes from...it's different for everyone. Sometime the value comes because it has a wonderfully original look, sometimes it's toning, others it's a flawless strike, yet others a rare variety. Make sure you value it at least as much as you pay, hopefully moreso. If you do, it's likely that someone wise will down the road.

    2. Is it special? Or is it like all the other average Morgan dollars?

    If it's special and it has value, it's worth buying. Now ask yourself if you can afford it.

    Nailed it. Doesn't even matter if you're on a farm team or the major league, that is the mantra.

    Founder- Peak Rarities
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  • scubafuelscubafuel Posts: 1,950 ✭✭✭✭✭
    edited September 10, 2025 6:55AM

    Probably the statement should be updated to “collect where you can afford to buy the best quality”

  • FlyingAlFlyingAl Posts: 4,013 ✭✭✭✭✭

    @SimonW said:
    I'm not batting in the major leagues, but I've certainty been burned "buying the best you can afford."

    My philosophy is two fold.

    1. Value. Don't buy a coin because it's expensive, buy it because it has value. Wherever that value comes from...it's different for everyone. Sometimes the value comes because it has a wonderfully original look, sometimes it's toning, others it's a flawless strike, yet others a rare variety. Make sure you value it at least as much as you pay, hopefully moreso. If you do, it's likely that someone else will down the road.

    2. Is it special? Or is it like all the other average Morgan dollars?

    If it's special and it has value, it's worth buying. Now ask yourself if you can afford it.

    Can’t say that any better. Wonderful synopsis.

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