What area(s) of numismatics bore you the most?

Discussion in 'Coin Chat' started by joecoincollect, Oct 24, 2014.

  1. Numismat

    Numismat World coin enthusiast

    You get ultra moderns in MS-69 and the $ becomes $$$$ :)
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Mainebill

    Mainebill Bethany Danielle

    Sorry but I find moderns ultra boring. I'd rather stack up plain gold and silver bars honestly. Or just buy common date old gold in nice grade like I sometimes do
     
  4. H8_modern

    H8_modern Attracted to small round-ish art

    Can't you just buy a mint set for almost any year since 1967 for about $5 and have a whole set of at least MS66?
     
    joecoincollect likes this.
  5. cladking

    cladking Coin Collector

    I'm not against the collecting of high grade coins but it seems odd that some collect them while so few are collecting the lower grades. It's very much out of balance.

    Nice chUnc clads can be tough. People just assume they are common because they are cheap but the fact is they are cheap because there is no demand. Try finding a nice chU 1982-P quarter. I'm not talking really high grade just a really nice MS-63 with a solid strike from decent dies and without excessive marking. There are only about 80,000 true Uncs of this date and most look awful. Choice examples account for about 10% of what's out there and true Gems are scarce.
     
  6. cladking

    cladking Coin Collector

    No.

    Even the most common Gems usually have only about an 8% incidence in mint sets. The least common Gems will have an incidence as low as .2% and this is charitable grading. Most of these coins are tough above MS-65 and by the time you get to MS-67 some don't exist at all.

    There's also a perception that even coins that are rare in top grades are common just off the top but this isn't true either. Some are highly elusive in all the top grades.
     
  7. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    image.jpg
     
    Last edited: Oct 31, 2014
  8. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

  9. joecoincollect

    joecoincollect Well-Known Member

    I suppose the 1983 p quarter is scarcer to Ch unc, since it's priced higher. Do you only collect US clad? Or are you also into base metal world coins?
     
  10. cladking

    cladking Coin Collector

    A great deal depends on how you define grade as to which is scarcer, the '82-P or '83-P. I put a great deal of weight into die condition and strike and the grading services don't. They've got lots of these graded MS-65 that I consider to be poor specimens because they were struck by worn tired dies and/ or strike pressure was too low to bring up all the detail. To my mind a coin that lacks detail might as well be worn and it's with full detail and attractive surfaces that most clad is hard to find in any grade.

    The '82 and '83 are as different as night and day in terms of typical grade. In '83 the design was lowered and strengthened to facilitate high speed production so dies wore much more slowly creating far larger numbers of well made coins. But this was no panacea for the few collectors because the '83's were banged up a lot more before leaving the mint. More '83-P's were saved than '82-P's and much larger numbers of nice AU's were recovered from circulation. The '82-P is less likely to have nice smooth and attractive surfaces. The way the services grade and with current demand the '83-P looks far scarcer in high grade but if you are looking for well-made coins it's the '82-P that is tougher.

    Yes, world coins are even scarcer in Unc because most coin collectors in those days were in the US. There were far more people collecting Russian or Indian moderns in the US than even Russia or India. And US collectors hate base metal coins. Russian mint sets had mintages in the tens of thousands and most were sold here but these sets were so unpopular that dealers would break them up for their junk buckets. Indian proof sets had mintages in the hundreds but you couldn't give them away. These coins are relatively common because they were issued in sets but most world moderns had no interest at all so were never issued in sets. These coins can be excessively rare but still aren't collected so no one knows what they are. The Russian and Indian moderns have simply exploded in price the last several years with some having gains in the ten of thousands of percent. These still aren't a known quantity because they are only beginning to be collected. It will be years until their relative availability is known. In the meantime some are overpriced are some are dramatically underpriced.
     
  11. brg5658

    brg5658 Well-Known Member

    Yes you can buy a mint set.

    No, the coins won't be all "at least" 66. Actually it's not all that uncommon for mint set fresh coins of these years in the 1960s and 1970s to grade 63. That's the whole point. People think they can just find these coins all in MS67 in pocket change or something. It's simply not true.
     
  12. mikenoodle

    mikenoodle The Village Idiot Supporter

    TPG Graded Bullion coins, First Strike/Early Releases designations, Graded Satin Finish Mint Set coins and non-major die varieties
     
  13. treylxapi47

    treylxapi47 Well-Known Member Dealer

    edited I just hate coins in general now after reading this thread
     
    Last edited by a moderator: Nov 1, 2014
  14. treylxapi47

    treylxapi47 Well-Known Member Dealer

  15. treylxapi47

    treylxapi47 Well-Known Member Dealer

    In all seriousness though, I dont care for Roosevelt dimes, over obnoxious varieties, VAMs, most modern coinage (just unattractive to me for the most part), and I especially hate third party hyping on coins over a label. The coin is still the same, and cant even accurately be pin-pointed to manufacturing date and time, ala gimmick.
     
    joecoincollect and Mainebill like this.
  16. Mainebill

    Mainebill Bethany Danielle

    Ok go look at your 77-cc quarter then go look at your pattern quarter then tell me how you feel
     
    treylxapi47 likes this.
  17. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Oh yeah, I forgot about those......LOL

    I was just looking for a new 'interesting' coin to go after and really like the look of a proof 20-center and a proof Buffalo. Got any ideas on coins I should be looking at that are a little different and still available in high grades?
     
  18. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I HAVE to send that pattern quarter in for a new slab. I cant even enjoy it right now through all the scratched on the slab. Maybe I should try it at NGC for an upgrade or a * designation.

    Bet it hasnt been to CAC yet either.
     
  19. Mainebill

    Mainebill Bethany Danielle

    I got a 76 au58 20 cent for my type set tried to get a better date. You want a stunning coin go buy yourself a proof trade dollar or not as you might end up hooked like I am!
     
  20. Mainebill

    Mainebill Bethany Danielle

    Good idea I think it'd cac but I do t know how they are on patterns. Those 2 would look good with my trade dollars ;) I'd try that quarter for a bean too cac seems to like toners a lot actually
     
  21. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Im printing out an NGC form now, I have the ANA membership so I will just submit with them for now. I also like NGC over PCGS, always have.

    As for Proof Trades, I am looking for something around or under $2K, which the PF-Buffalo fits nicely into that category
     
Draft saved Draft deleted

Share This Page