Paying a premium...

What coin is your passion? What coin would you pay more than what it's worth?

My wallet isn't very thick, so I don't have any high hopes of buying something expensive.

My passion is war nickels. I don't go nuts over them, but I will pay up to two bucks for one. I'm not talking about the fancy ones we see here on CoinTalk, just your run of the mill nickel.

 

Log in or Sign up to hide this ad.

An original, unpolished MS66 DMPL Morgan of any date/mm.

Chris

 

I'd like an 1877 Indian.

 

Not a coin but a Mpc Series 541 $5, There just happens to be one on e-bay!
Anybody have $6,000 i can borrow???

 

Original Unc Barber dimes. I go nuts for them, I have multiples of dates in XF and above just because they are so hard to find, seriously hard.

 

My passion is filling holes in the sets I concentrate on.
I can't be much more specific than that since I have a number of different sets, many with holes.
And (sigh) I just made it more difficult on myself by adding a new set to my list.

 

I'm thinking two bucks will only get you one of the dingy looking circulated ones. I bet you're looking forward to the gem bu ones. :thumb:

 

Ok I am kinda strange, I do a little things different. I rather give a couple of bucks to someone I deal with on a regular basis than just a dealer who I rarely or never seen before UNLESS the coin is unique via toning/condition/rarity and something I could afford to pay

Doesnt really matter what type of coin it is because I collect what i like, if something catches my eye I will glance at it and potentially buy it w/ the exception of roosevelt dimes (yes I have a few pre 64) but I just don't like them at all.

 

One of these days.

 

Half Dollars of course. I have a set of Franklins I'm working to upgrade to UNC and Proof. And have most of the Walking Libs. Still working on them. I'm usually pretty cheap though and don't like paying large prem over wholesale.

 

My answer will be a little different than most. I pay a premium on almost everything I buy. The reason is that I only buy coins that have exceptional eye appeal. These coins are not available at greysheet bid and often times, toned coins will sell for multiples of wholesale prices. While I am primarily a Jefferson Nickel collector, I also am a rainbow toned type collector

For those of you who think I am foolish for paying a premium for eye appeal, take a look at what happens when these types of coins are sold at auction. A good example is the recent San Franciso Commemorative Collection that sold for 5.6X the wholesale price.

The San Francisco Collection of Classic Commmemoratives/

As for the fancy war nickels. Once you have one, I promise you won't go back to the $2 ones.

 

I'm not sure this qualifies but I've wanted an uncirculated St. Gaudens my entire 55 year collecting history. The date didn't matter - I could never afford to collect them! As a kid starting out in this hobby I saw and held my first one in 1955. It was almost sureal; I had never seen a more beautiful coin then and I still hold that opinion today. Yes, I finally justified buying one in 2006 and it is my most prized coin regardless of valuation.
Forgot in the heat of the moment. When I finally decided to own one the price was pretty irrelevant - it just had to be an outstanding example!!

 

The link doesn't work for me.

Talking about classis commems, what about the deal Mark Feld and Pinnacle brokered? What was the price? $1.3 million for the complete set?

Chris

 

I fixed the link and that collection at Pinnacle was phenomenal. Just to see that collection would be a treat for me. Another good example is the Sonnier collection of toned Morgan Dollars that are being offered for moon money by Legend Numismatics. You can always find examples of coins with great eye appeal selling for premium prices.

The only other time I would pay a premium for a coin is if the issue is rare in the marketplace and only comes around every few years. Add both rarity and eye appeal together and watchout, price guides don't even mean anything. I always like the term that Rick Tomaska's group uses to describe those coins, EVEREST coins.

 

I was fortunate to see the Sunnywood Collection at the PCGS booth at FUN 2009 (?). It was marvelous.

If any of you missed the Hidden Liberty Collection of Classic Commems in another thread, here it is again.
http://pinnacle-rarities.com/Collections/HiddenLiberty/browse.html

Chris

 

I still can't get the link to work.

Chris

 

Me? I would have to go just the opposite and call them "MARIANA" coins because that is how deep in the hole I would be.

Chris

 

Strange! How about we try linking it without changing the name.

http://www.cointalk.com/t87452/

 

That works! Those are some pretty toners! I've been wanting a nice Antietam for quite a while since I am from that area. I just can't afford those prices.

Chris