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What ONE coin do you own that's worth the highest premium over ANY price guide?
MrEureka
Posts: 23,955 ✭✭✭✭✭
What ONE coin do you own that's worth the highest premium over ANY price guide?
While we're on the subject, WHY is it worth so much more?
While we're on the subject, WHY is it worth so much more?
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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dragon
Either. It's not really a contest, it's just interesting. But let's leave out the coins that list under $100 or over 100K, OK?
What if it's unlisted in any price guide?
Wing it. Nobody's going to get in trouble tonight, except maybe me for insinuating that a price guide could possibly be wrong about something.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
1938-D 5c NGC MS65. This is a $40 coin greysheet and there are over 30,000 graded in 66, so it is as common as dirt.
However, this is a toned beauty - lemon yellow obverse and neon baby blue reverse. I have been offered $200 for the coin, so 5X over price guides.
Having trouble with the pic so you'll have to take my word for it.
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
Total pricewise is probably my 1871 Proof66 Cam trime. Bluesheet is 1300 and I paid 4100 for it. It is absolutely stunning though. A total wow for originality, hard mirrors, should be a DCAM. It is a crimson gem.
John
siliconvalleycoins.com
The guy who sold it to me, a dealer, missed it so much he bought it back from me.
It is a coin i will remember for the rest of my life. Coins like this are worth getting and holding on to.
In fact, i seriously wonder why anyone buys average coins. Actually, i know why. They have not had time to digest the joy that stunners
bring and the slight premium they command vs. the boredom of average coins....even though they're cheap.
The problem is a lack of confidence. Confidence in terms of their ability to determine worth and their confidence in their ability to sell the coins for full value when the time comes.
Imagine this: You have been invited to dinner to two places in the same evening. You can look at Jim Halperin's personal collection of
just 20 coins that he has set aside over the past 30 years - each one of them being the most special in terms of eye appeal that he has
seen, or you can look at a collection of one hundred million dollars worth of circulated common date Morgans. Get my drift?
Here are images of the Washington commem:
<< <i>I bought a Proof 69DCAM Washington Commem (1982) and paid something like 360 times sheet for it The guy who sold it to me, a dealer, missed it so much he bought it back from me. Since he was a friend, i sold it back to him for a very small profit. It is a coin i will remember for the rest of my life. Here are images of it: >>
Adrian, Jack Beamer (I probably misspelled his name-) had this one featured in his case at Long Beach. It stopped me dead in my tracks. It was fun to see such a stellar Contemporary colorful Commemorative surrounded by classic Bust/Seated and other raw material. Very pretty coin!
peacockcoins
Yes, Jack said he knew you. In fact, you were interested in a mint state Barber Qtr with blue rims that he saw of mine in January and he
gave you my number as he knew of your interest in either that date or nice Barber Qtrs and that's how we got to know each other.
-Jarrett Roberts
What coin do you own thats worth the highest premium over price guides but not because of toning eye appeal?
Thats a tough one.
But as I read the post, I felt the title meant worth as in what I felt it was worth, since worth is a matter of personal taste. For me, I have the greatest attachment to a common date IHC housed in an aluminum "token" which was a part of the 1912 (date?) World's Fair in St Louis. This was given to my grandmother who gave it to me when I started collecting coins as a kid. The coin is dark and has some scale of sorts on the reverse from the reaction of the copper and aluminum, but the details are still fairly sharp, and for me, this coin is worth way over any price guide for sentimental as well as historic reasons.
that series"
That's one of the problems with the coin market - inaccurate price guides. There are many coins that are worth far more than the price
guides state - the problem is that it is expensive (i.e. time consuming) to determine what even in general terms a particular average
coin is worth in a particular grade (let alone a spectacular coin in a particular grade). The newness of certification is one of hte
problems. One would think though, with computers, price tracking would begin to be easier.
Yeah, I blew it. I should have excluded PQ coins. I'm trying to identify coins that consistently trade for much more than indicated in the various price guides.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I bought it raw from yet another dealer and certified it. I guess it's never been owned by a pure collector... probably won't resurface once it is.
The collector side of my split personality hung onto it for 2-3 years before succumbing to the dealer side.
Dancing in the grey area between acceptable and bodybagged AT, huh?