Ok, Cherrypicking 20 years ago, What would you buy?

Manorcourtman · November 7, 2003 6:52AM

If you had the chance to turn back time 20 years, and you were going to a coin show to buy coins where everything was "raw" what would you buy?? Remember, this was before fantastic plastic slabs so you have to rely on your grading ability and knowledge of coins. What would you look for? AND..........In 2003 what do you believe is still out there to cherrypick? Are there any coins raw that you continue to search for???

Chris

Russ · November 7, 2003 6:58AM

I'd buy every rainbow Morgan I could get my hands on.

Russ, NCNE

bigtonydallas · November 7, 2003 7:41AM

Id look for and buy the major coins in each series in the best grade I could find. I also would buy varieties(DDO, DDR & RPD) in the highest grades.

cosmos66 · November 7, 2003 7:42AM

I would buy every morgan cc I could get my hands on.

Manorcourtman · November 7, 2003 8:31AM

I would also buy every coin MS66 or better, no matter type or year!!

Mikey · November 7, 2003 8:32AM

I'd look for a stock broker and buy Cisco.

Manorcourtman · November 7, 2003 8:39AM

Stocks do not count!!! I would own 1000000 shares of Microsoft. That's to easy. What coin is still out there to cherrypick??

ldhair · November 7, 2003 8:40AM

DCAM Franklins

kamehameha00 · November 7, 2003 8:43AM

AH Kennidies

fivecents · November 7, 2003 8:47AM

I would buy problem free and original draped bust dollars, halves and quarters.

MadMarty · November 7, 2003 8:47AM

Every GSA box I could get my hands on!

Manorcourtman · November 7, 2003 8:49AM

Where all the 67's in the old grades picked over by 1983?? And I ask again......are there coins out there to still be cherrypicked?

C.

DAM · November 7, 2003 8:55AM

I'd buy low pop, high grade coins of every series. Hold them until 1989 and sell them. Wait 6 years, buy them back and more with the profit I made.

I'd also buy up CAM and DCAM coins of all series. I'd also get ownership interest in the 1933 Double Eagle when it was for sale a few years ago.

Edited to add: When it was for sale prior to being taken by the government. Hang on for the ride and split the profit at the end.

Manorcourtman · November 7, 2003 8:59AM

Was cameo and deep cameo identified 20 years ago?

C.

fivecents · November 7, 2003 9:04AM

<< <i>.....In 2003 what do you believe is still out there to cherrypick? Are there any coins raw that you continue to search for??? >>

That would be a big fat yes.

One of my favorite types of raw coins to cherrypick are the ones that are undergraded. I really like finding condition rarities of any kind.

DAM · November 7, 2003 9:18AM

<< <i>Was cameo and deep cameo identified 20 years ago? >>

I believe for some coins there was a premium.

I made an 1897 PR67DCAM Lib Nickel as well as a few CAMs when PCGS and NGC started applying the designation. As soon as the grading services started recognizing CAM and DCAM prices started jumping. I was kinda bummed too because I had just started looking for them about 3 years before they started. I ran out of time or was too slow about it.

cladking · November 7, 2003 11:44AM

There have always been and will always be coins to cherry pick. In the late '70's one
could buy nice BU dollars for $4 each but if he wanted the gems they'd run $5 or $6 or
even more. In 1983 there were occasionally seen at coin shows a white envelope with
red and blue stripes and stars in the corner which contained 1983 unc coins. These were
assembled in Illinois and many were wholesaled to dealers for less than $3 each. They
wouldn't be remarkable except many of these just happen to contain gem '83-P quarters.
While this set won't bring huge amounts today (a cherry picking opportunity), it would
have made a nice return to date (about $40 wholesale). There is also an occasional type
"d" reverse Denver quarter in these. These aren't very tough in circulation, but don't appear
in the souvenir mint sets which is a significant part of the supply of uncirculated coins. The
Krause sets of this date are also interesting at times.

There are growing numbers of mint set collectors and most are unaware that souvenir sets
even exist. Most of these have mintages of only a few thousand and high attrition. Most of
the sealed large mint medals one sees come from these sets.

Ok, Cherrypicking 20 years ago, What would you buy?

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