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Another Unhappy Find in My Coins Bought Years Ago (Pictures Added)
melvin289
Posts: 3,019 ✭
I have been going through some old purchases I made years ago. I ran across the only Seated Half I own. In looking at the half with a 5x magnifier I see where there is what appears to be a repair on the reverse of the coin. I bought this at a coin show at the local mall 35 to 40 years ago. There looks to be a patch on the eagles right talon. How in the world I have never noticed this before I don't know. I think I might just be sick for a couple of days for being so naive and trusting people back then. I have had some coins looked at that I bought from a trusted dealer at the local coin club meetings only to find out they are all less than the grade at which they were sold. The coin club was late 60's. I guess that's what I deserve for dealing with shade tree dealers and vest pocket dealers. Ah to be young and dumb again.
Ron
Ron
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
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I will try and get some pictures over the weekend and post Sunday night.
Ron
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>
This is one of those times I just don't remember what I paid for the coin.
Ron
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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<< <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>
This is one of those times I just don't remember what I paid for the coin.
Ron >>
I find it better that way.
yup i'm in this crowd too
many a retro purchase has me shaking my head
then again...
it continues too as i still make mistakes...way more then others too it appears...life
We've all done it.
This is one of those times I just don't remember what I paid for the coin.
Ron
Blackout periods, gotta love'em. The brain can be your friend.
<< <i>All part of the learning curve.
We've all done it. >>
no kidding, at least once here
<< <i>This is one of those times I just don't remember what I paid for the coin.
Ron >>
Funny thing about remembering what you paid for a coin, as it really doesn't matter one iota when it comes time to sell
Empty Nest Collection
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<< <i>This is one of those times I just don't remember what I paid for the coin.
Ron >>
Funny thing about remembering what you paid for a coin, as it really doesn't matter one iota when it comes time to sell
Ain't that the truth!!!!
Successful BST xactions w/PCcoins, Drunner, Manofcoins, Rampage, docg, Poppee, RobKool, and MichealDixon.
<< <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>
No, the opportunity cost on that coin could have been huge. Ie., I bought what I thought was a gem 31 D Dime in 1968. Blazing luster, no question full split bands, the works. But the lighting was so bad that I missed a thin scratch on Miss Liberty's cheek. The coin was an MS 63 and when I sold it 30 years later, I actually lost money on it.
To give you an idea what you could buy back in the day, I bought a 36 S Walker for $35 that same year that is now in a PC 6 holder. the 5 rolls of IHCs in G which I paid $9 per roll were traded for an 09 P IHC in a PC 5 RD OGH.
"Seu cabra da peste,
"Sou Mangueira......."
U.S. Type Set
As you can see it's in no way an expensive coin. My only reason for making this post was the type people most of us have dealt with down through the years. To sell a problem coin and not mention the problem. Not all dealers are like this. I know I should have caught the problem.
Ron
<< <i>see if you can return it
I could probably go throw it on his grave if I knew his name.
Ron
<< <i>That might be a strike-thru instead of a repair. >>
With coin in hand it looks like a glob of metal has been put into a recess in the coins surface. But the coin is not valuable enough to make a repair on.
Ron
Even so, I still think it looks nice. A solid, if not perfect, coin. In my book, perfect is over rated.
<< <i>I've never seen a coin with a band-aid! I can't wait! >>
...i'm wondering if it was in a johnson&johnson holder