How many have quit collecting a coin series because prices just got too high?

Michigan · October 7, 2006 9:19AM

Found myself doing that a few times.

originalisbest · October 7, 2006 9:21AM

Barber Quarters - that danged '01-S (sticker shock.)

But in spite of this - I cannot resist a nicely preserved, desirable Barber Quarter when it surfaces. Incurable!

seemyauction · October 7, 2006 9:21AM

I collect condition.....I love nice coins I buy the nice ones that I can afford.

AU58WALKERS · October 7, 2006 9:24AM

The price of the 1916 SLQ killed my interest in that series....hell it isn't even rare.

Hyperion · October 7, 2006 9:31AM

Im thinking about bagging my 7070

I should just sit on it though... go slow. just hate to stall out

291fifth · October 7, 2006 9:31AM

Many times.

Myqqy · October 7, 2006 9:42AM

I adjusted my collecting goals with morgans, due to the fact that a complete collection would be WAY too much money..... but there's no way I could stay away from them......

66Tbird · October 7, 2006 9:44AM

I'm a common date type guy so I get to pass that headache. But an early dollar will take a little getting use to. About the only thing I did finish is an Ike set

Coxe · October 7, 2006 9:47AM

I didn't buy a single Carson City dollar for 12 years because I thought the prices were ridiculous. This was through the botto of the market mostly too. Never stopped on the prooflike Morgans, just left those CCs to the eager nutcases.

seemyauction · October 7, 2006 9:47AM

I've never put togather a collection or tried to fill up a book.....If I did I would start with the Keys get tem out of the way and the rest would be smooth sailing......

rec78 · October 7, 2006 10:00AM

I never give up on a series but i do put them on hold for a while and pursue other things in the meantime.

ziggy29 · October 7, 2006 10:56AM

I don't completely stop, but when I'm feeling that way, I stop working on them for a while and pick up some two-cent pieces or three-cent nickels.

tmot99 · October 7, 2006 10:58AM

I stopped working on seated half dimes by date and mm. I will always be a type collector, but have found myself wrapped in so-called dollars

rhedden · October 7, 2006 10:58AM

I quit on large cents and bust halves in the last year or so. I just don't want them that badly now that the prices have exploded. Time to move to cooler waters.

Barry · October 7, 2006 10:59AM

I think someone hijacked Michigan's account. It can't really be him - a thread not quoting some bad news...

RYK · October 7, 2006 11:00AM

I tend to gravitate to series that are not overvalued (IMO).

The price of the 1916 SLQ killed my interest in that series....hell it isn't even rare.

I had the same experience. I cannot stand overrated, overpriced coins like that one.

Im thinking about bagging my 7070

I disagree. That is the sort of collection that can be pursued through thick and thin.

ajia · October 7, 2006 11:01AM

How many have quit collecting a coin series because prices just got too high?

Not really "quit", just changed focus.
Will go back to series as $$ allows.

mrearlygold · October 7, 2006 11:02AM

I stopped collecting early eagles ( the more common ones ) when my 58's got to 17 grand.

I thought and still think that's a really high price to pay for those coins, if one is considering a coin as part of a retirement investment which is one of the reasons why I had at one point over a dozen of those "common dates" that I never offered for sale. Unless of course they are rare varieties. I had a few that were R-6 and R-7 varieties but out they went at one point. Alas.

It's da life we choose

DRUNNER · October 7, 2006 11:18AM

To answer the question directly . . . no.

But the thrill of the hunt is important to me, so as I get to the end of a series and just have a couple left, I bide the time until I find the right coin at the right price by working on type (and type dupes) and lesser series (Jeffs, Roosie toners). I find I can sift through a local show and just look for eye-appeal even if I can't find a major coin I need . . . and it keeps the fun alive.

Then I hit a major show once or twice a year . . . and pick up the key or two I can't find otherwise . . . . .

Drunner

mozeppa · October 7, 2006 1:37PM

1913 nickel was almost a stopper for me.

then they got my heart started again.

garsmith · October 7, 2006 1:59PM

Haven't quit just slowed down a little!

jacktheknife · October 7, 2006 2:17PM

Never! I just buy fewer Lincolns nowadays

Jack

GoldenEyeNumismatics · October 7, 2006 2:19PM

coins in general are too expensive. What happened to the days where a proof $20 Gold Liberty could be had for $21?

GoldenEyeNumismatics · October 7, 2006 2:20PM

<< 1913 nickel was almost a stopper for me.
then they got my heart started again.

>>

Same deal with me and the 1933 saint!

Coxe · October 7, 2006 2:24PM

<< 

<< 1913 nickel was almost a stopper for me.
then they got my heart started again.

>>

Same deal with me and the 1933 saint! >>

Both would work in well in this registry set of mine.

Sunnywood · October 7, 2006 2:29PM

I have put quite a few different collecting pursuits on hold for the moment ... many areas of the market are definitely overheated. I'll wait until the next serious downturn in demand from "investors" and speculators.

Best,
Sunnywood

anablep · October 7, 2006 2:30PM

I've slowed down due to costs with the Morgans, but the way I see it, I've got at least 30 more years of this, so what's the rush. I'll save up for the 89CC, 93-S and 94 and we'll see what happens in 10-15 years.

I'm more than 2/3 of the way there, so why stop now!?

veryfine · October 7, 2006 2:35PM

With the price of MS 34-s Peace dollars, I will have to pass on that series.

WoodenJefferson · October 7, 2006 2:46PM

Do you count mint sets/proof sets a series...if so, yes. I bought my last set of "Greenies" 94 thru 98, they are getting way out of line. I blame the Coin Vault. quote un-quote from show host, "If you can find this green set for $400, by all means, buy them!" ...pure hype!

originalisbest · October 7, 2006 2:52PM

Early bust dollars being mentioned, reminded me that is an area where my collection is lacking, and will be for the relatively near future. But, never say never - might eventually get one when coin, budget and price intersect happily.

veryfine · October 7, 2006 2:58PM

<< I tend to gravitate to series that are not overvalued (IMO).

The price of the 1916 SLQ killed my interest in that series....hell it isn't even rare.

I had the same experience. I cannot stand overrated, overpriced coins like that one. >>

I disagree with your assessment of the 16 quarter. Population reports and rarity are only part of the equation when it comes to coin values. As you probably know, there are very scarce 19th century coins but not enough people care about them. There are other factors such as artistic merit, mintage figures in comparison to others within the same series and the specific history of certain dates. IMO, the many hideous, poorly conceived 19th century "rarities" are "overrated, overpriced" and they bore me to tears. To each his own.

WoodenJefferson · October 7, 2006 3:18PM

I lifted a few pieces outta this coin guide...hind sight is 20/20...fore sight is beyond comprehention.

Blue Book of United States Coins 21st Edition, 1964 by R.S. Yeoman

Morgan Dollars-Uncirculated

1878CC $3.25
1879CC $45.00
1880CC $10.00
1889CC $150.00
1892-S $90.00
1893-S $500.00
1895 proof $1100.00
1921 P/D/S unc $1.00

Peace Dollars-Unc

1921 $10.00
1928 $25.00
1934-S $80.00

Mrpawn · October 7, 2006 3:39PM

Put the Morgans away for awhile - the ones missing are out of my budget.

This opened up an opportunity for two Dansco 7070's
One for the nicest I can find and the other for the most worn, problem free that I can find. Both are fun and affordable. (Thank you to Barry and Braddick for the inspirations).

If Type Coins become problematic I will switch to Roosies

Quit a series?

No! But I will delay and adjust as needed.

Konahead · October 7, 2006 3:55PM

I was working on a set of MS 70 state quarters but the 99's especially the Delware is just crazy! I just plug along with my Morgans, Peace and gold indians.

flaminio · October 8, 2006 1:28AM

I haven't quit collecting a series, but there are many series that I haven't started (and won't start) because there are one or two stoppers, making the series never complete. I like to maintain at least the illusion that someday I will complete a series.

RichieURich · October 8, 2006 3:39AM

Coxe, that is one unusual registry set!

For many series, there is one "stopper" coin that stops almost everyone without the largest of coin budgets. All of the Seated series have one: 1870-S half dime, 1873-CC NA dime, 1876-CC twenty cent piece, 1873-CC NA quarter, 1853-O NA half, 1870-S dollar. A lot of other series have one: 1793 Strawberry Leaf cent, 1802 half dime, 1913 Liberty nickel, 1823/2 and 1827 quarters, 1817/4 half, 1804 dollar, etc. So many, many collectors just won't complete these series, because of price and availability.

veryfine · October 8, 2006 3:56AM

<< Coxe, that is one unusual registry set!

For many series, there is one "stopper" coin that stops almost everyone without the largest of coin budgets. All of the Seated series have one: 1870-S half dime, 1873-CC NA dime, 1876-CC twenty cent piece, 1873-CC NA quarter, 1853-O NA half, 1870-S dollar. A lot of other series have one: 1793 Strawberry Leaf cent, 1802 half dime, 1913 Liberty nickel, 1823/2 and 1827 quarters, 1817/4 half, 1804 dollar, etc. So many, many collectors just won't complete these series, because of price and availability. >>

1913 Liberty Nickel? This coin is not a legitimate part of the set.

BillJones · October 8, 2006 3:58AM

Half cents by die variety.

When I was faced with paying $7,000 for gound salvage piece that was the MOST common variety I needed, I knew it was over. To an ordinary collector, that coin would have been worth no more than $20 at the time.

I took the seven grand and bought this instead. The quarter eagle is in a PCGS AU-50 holder.

Coxe · October 8, 2006 4:03AM

<< 

<< Coxe, that is one unusual registry set!

For many series, there is one "stopper" coin that stops almost everyone without the largest of coin budgets. All of the Seated series have one: 1870-S half dime, 1873-CC NA dime, 1876-CC twenty cent piece, 1873-CC NA quarter, 1853-O NA half, 1870-S dollar. A lot of other series have one: 1793 Strawberry Leaf cent, 1802 half dime, 1913 Liberty nickel, 1823/2 and 1827 quarters, 1817/4 half, 1804 dollar, etc. So many, many collectors just won't complete these series, because of price and availability. >>

1913 Liberty Nickel? This coin is not a legitimate part of the set. >>

Sure it is. Whether is should be a legitimate coin is debatable though.

BillJones · October 8, 2006 4:09AM

If I were a Liberty nickel collector, I would not consider the 1913 to be a part of the set. The coin was no even made under legal circumstancs.

HighRelief · October 8, 2006 4:35AM

<< Both would work in well in this registry set of mine. >>

Using Prime Number Years to build a collection, fascinating.

John, your PCGS 1901 DMPL is ultra rare with only 1 graded with the deep mirrors. I would like to pick up one of the 3 PL'S if one ever comes up for auction.

Rarity · October 8, 2006 4:41AM

<< If I were a Liberty nickel collector, I would not consider the 1913 to be a part of the set. The coin was no even made under legal circumstancs. >>

Agree

Not only the "coin wasn't made under legal circumstances" but also the coin was taken out illegally by the Mint employees.

ldhair · October 8, 2006 4:45AM

Matte proof cents. Only need one to finish the set.
Bet you can guess the one I need.

leothelyon · October 8, 2006 4:49AM

The last thing I'd want to do is admit that I'm poor by posting to this thread!

Leo

RichieURich · October 8, 2006 4:53AM

<< 

<< If I were a Liberty nickel collector, I would not consider the 1913 to be a part of the set. The coin was no even made under legal circumstancs. >>

Agree

Not only the "coin wasn't made under legal circumstances" but also the coin was taken out illegally by the Mint employees. >>

So why does the Mint/Secret Service treat the 1913 Liberty nickel and the 1933 Saint Gaudens so differently? At least the Saint was made legally.

Coxe · October 8, 2006 4:58AM

<< 

<< Both would work in well in this registry set of mine. >>

Using Prime Number Years to build a collection, fascinating.

John, your PCGS 1901 DMPL is ultra rare with only 1 graded with the deep mirrors. I would like to pick up one of the 3 PL'S if one ever comes up for auction. >>

The Hans Poetsch piece (NGC 63PL, I believe) was a nice one I saw a while back in auction. I regret not bidding higher for it.

Aside from a handful I have just avoided buying but are available anytime, I am basically down to three tough dates to complete the prooflike set: 1883-S, 1893-S and 1921-S.

To anyone collecting any series by date and mint mark, the best advice they can get is go for the keys first, semikeys in a relaxed market and just pick up the common stuff around a market bottom after you have the others.

How many have quit collecting a coin series because prices just got too high?

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