Which Widgets Will One Day Win With Wegend ?

TwoSides2aCoin · January 19, 2007 11:57PM

What is the cut-off value of a coin that is a widget ? ($1000.00 ?)
Are there widget classics and widget moderns ?
Which ones will have a future in collecting ? Any ? I'm just curious.

410a · January 20, 2007 12:36AM

Widgets are commerically available coins, something you can get
just about anywhere from any dealer who will either deal in them
or go out of his way to get you one. High grade modern stuff like
DCam, State quarters AT THIS POINT IN TIME may be considered
widgets, circ rolls of dollars, High grade Ikes, a position in 200 MS65
1880 s dollars or any other common Morgan in high grade, high
quantity.
Widgets are used in explaining what you might just find just about
anywhere. There is no regard to surfaces that are special in a RARE
Coin like a neat looking Seated Dollar in MS 63 that has especially
nice surfaces and luster for the grade. A coin that represents real
numismatic value and has the dealer reputation for delivering value
attached to it.
BUT, if I am wrong well then; NEVERMIND

Bear · January 20, 2007 12:45AM

Nothing wrong with widgets. Purchased in the correct grade

at the appropriate price, all is well.

ziggy29 · January 20, 2007 12:49AM

Widget isn't defined by price per se. Widgets are defined (generally) as generic coins, ones that can easily be replaced in a collection.

There are coins for under $100 that would probably not meet the definition of "widget," and $1000+ coins that would.

notwilight · January 20, 2007 1:00AM

As I understand the term, I don't own a coin that isn't a widget and can't really afford one. Although I'm not offended by the term at all, it seems to be a snooty and degrading term used by the ultra rich to describe the average collector's coins.

That said, I enjoy my widgets tremendously.

--Jerry

Edited to add: I doubt you'll find a coin that isn't genericly replacable for much under 10k. Certainly PR70DCAM 20th Anniversary Eagles selling for close to 10K would be widgits so that might be a better soft cutoff for widgitry.

RotatedRainbows · January 20, 2007 1:12AM

<< As I understand the term, I don't own a coin that isn't a widget and can't really afford one. Although I'm not offended by the term at all, it seems to be a snooty and degrading term used by the ultra rich to describe the average collector's coins.

That said, I enjoy my widgets tremendously.

--Jerry

Edited to add: I doubt you'll find a coin that isn't genericly replacable for much under 10k. Certainly PR70DCAM 20th Anniversary Eagles selling for close to 10K would be widgits so that might be a better soft cutoff for widgitry. >>

So does this mean your new nickname is "Mr Widget"?

410a · January 20, 2007 1:31AM

Jerry, is a really nice person and intellegent to boot as an
Engineer and Numismatist. I think "Widget" is a pejorative term.
Basically, an excuse not to buy what you have as opposed to what
the dealer has. Then of course I did try to put a nice spin on it.
So, other than Jerry, I don't know much about Widgets.

RegistryCoin · January 20, 2007 1:49AM

<< used by the ultra rich >>

naw, "widget" is a term only used by the wannabe ultra rich. The real ultra rich have more class than that.

MisterBungle · January 20, 2007 1:58AM

I'm still wooking to compwete my widget cowwection.

Pwease send all your widgets to me.

~

IrishMike · January 20, 2007 1:58AM

WAMS

SilverEagles92 · January 20, 2007 2:08AM

I agree that price does not define a widget. For example, a 1908 No motto saint, arguably the most common in the series, can cost over $1000.

Jcarney · January 20, 2007 2:12AM

<< As I understand the term, I don't own a coin that isn't a widget and can't really afford one. >>

Sure you can. I'm putting together a Dansco set of Lincolns. For the early coins (1909-1934) I'm trying to find perfectly matched, chocolate brown AU examples with nice surfaces. These coins, while not expensive, are definitely not widgets. I've been at it for over 4 years and have already scoured major shows like Baltimore to find only 2 or 3 acceptable examples.

MisterBungle · January 20, 2007 2:14AM

a 1908 No motto saint, arguably the most common in the series, can cost over $1000.

Yeah, but most of that is bullion, so it would still be a Wegend widget.

~

notwilight · January 20, 2007 2:19AM

<< 

<< As I understand the term, I don't own a coin that isn't a widget and can't really afford one. Although I'm not offended by the term at all, it seems to be a snooty and degrading term used by the ultra rich to describe the average collector's coins. That said, I enjoy my widgets tremendously. --Jerry Edited to add: I doubt you'll find a coin that isn't genericly replacable for much under 10k. Certainly PR70DCAM 20th Anniversary Eagles selling for close to 10K would be widgits so that might be a better soft cutoff for widgitry. >>

So does this mean your new nickname is "Mr Widget"? >>

Well, by the definition as I understand it, most of us here would have to be members of the widget family.....don't get me wrong, I enjoy the term but was just putting it in perspective...Here's one of my favorite widgets. My first non-widget purchase will probably be her sister from the same birthyear in the $1 denomination.

notwilight · January 20, 2007 2:32AM

<< Jerry, is a really nice person and intellegent to boot as an Engineer and Numismatist. I think "Widget" is a pejorative term. Basically, an excuse not to buy what you have as opposed to what the dealer has. Then of course I did try to put a nice spin on it. So, other than Jerry, I don't know much about Widgets. >>

Michael,
Thanks for the kind words. I'm also perhaps a bit eccentric so my opinions don't necessarily represent those of the mainstream...I enjoy sharing them though. --Jerry

RichieURich · January 20, 2007 4:28AM

I agree with Laura. "Widget" to me means it's universally available, and it isn't difficult to find. A High Relief Saint in MS-62 is a desirable coin, but it is a widget, you can find one with just a little looking, but that doesn't mean it doesn't belong in someone's collection. An 1873-CC quarter in Fine costs about the same as a High Relief Saint in MS-62, but it is definitely not a widget, because you will have difficulty finding one.

Coinosaurus · January 20, 2007 5:27AM

<< An 1873-CC quarter in Fine costs about the same as a High Relief Saint in MS-62, but it is definitely not a widget, because you will have difficulty finding one. >>

You will indeed have much trouble finding a decent looking 1873-CC in F12.

Is the 1901-S 25c a widget?

roadrunner · January 20, 2007 5:36AM

1901-s or 1916 25c in AG-G are widgets. So are seated dollars in some grades....such as bagmarked MS60 to 62....or cleaned F-AU's.
Same for common date bust dollars and bust halves in most grades.
You'll have no problem finding an average one.

Very few US Coins aren't widgets using that definition.

roadrunner

keets · January 20, 2007 5:48AM

though the word has very broad meaning to most of us the intent as used by it's prime user is very narrow.

mr1931S · January 20, 2007 6:02AM

We need a definition from the originator of the term. I would expect to hear that all modern coins are "widgets." But then, we need a definition of "modern."

I suppose my "Sheriff's" set of 20 coins is going to be one big...correction...not-so-big...widget set. Quality will be there, however.

...Now I need a def of "quality"....well, at least a def of what makes a quality widget...

...set...

Coinosaurus · January 20, 2007 6:09AM

I think the definition is pretty clear - it's anything that trades frequently, a commodity like corn or wheat. Or sight-unseen MS65 Saints.

Twincam · January 20, 2007 6:22AM

<< though the word has very broad meaning to most of us the intent as used by it's prime user is very narrow. >>

I think you're probably right. But, to be clear...I believe we all probably agree that the prime user's definition would encompass an 1881 Morgan in MS65 or 66...but what about MS67? Is the term relative to the population of the issue...or the grade within the issue?

410a · January 20, 2007 6:32AM

The "Widget" is in the eyes of the originator who is the beholder
of what is, as defined at that particular moment, space and time,
that the originators brain perceives his/hers position on what is
being offered for sale.

mr1931S · January 20, 2007 7:56AM

"The "Widget" is in the eyes of the originator who is the beholder
of what is, as defined at that particular moment, space and time,
that the originators brain perceives his/hers position on what is
being offered for sale."

You have found it! The theory of widgetivity has been revealed to the world!

TwoSides2aCoin · January 20, 2007 8:54AM

<< "The "Widget" is in the eyes of the originator who is the beholder
of what is, as defined at that particular moment, space and time,
that the originators brain perceives his/hers position on what is
being offered for sale."

You have found it! The theory of widgetivity has been revealed to the world!

>>

Thank you all.

Joe

Which Widgets Will One Day Win With Wegend ?

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