MPC Picksups for Today!

Slamster the only opinion that matters is your own! And lets face $13 is hardly the worlds
Debt LOL!

 

Log in or Sign up to hide this ad.

Maybe it should be the topic for a new thread, but a thoughtful question has been asked. And that is, "Can you really pay too much if it is something you really want?" Unfortunately, the answer, all too frequently, is yes. Not only do we often let our heart overrule our brain, we allow ourselves to rationalize a justification to purge our guilt. No doubt a reward for being at the top of the food-chain.

Many are the times when I have been heart-happy and stomach-sick over the purchase of a collectible that I just couldn't live without, regardless of price. Fortunately, time cures many ills. Time also allows collectibles to appreciate in value. Acquiring those items had me living on soup and peanut butter sandwiches or begging the boss for overtime hours. However, they are now valuable assets, being worth many times the price and anguish that they once cost me.

In the late '50s, I was in my early 20s and devoured anything and everything pertaining to the Civil War and WW II that I could swindle from its owner. Stumbled across a pristine 1917, WW I, 9mm Luger, with original holster, belt and large "God With Us" [only in German] belt buckle, an extra magazine, take-down tool and all numbers matched. The owner insisted on a then steep 25-dollar price and wouldn't budge. I worked a second job at a gas station to earn the extra needed. Pumped gas on a Friday evenings and weekends, and gave-up beer and dating. My parents thought they had failed at being good parents. Long story short, I still have that Luger and by today's standards, I'm guilty of theft.

Same sort of a situation with my Athena Owl coin. Had to give-up many small joys to obtain a single, but bigger one. At the time, I paid a belt-tightening amount. Now, several years later, the cost for this beauty has risen to the point where I can say that mine was purchased for a bargain rate. Same also applies to an earlier purchase of a Spanish Colonial, 8-R, cob coin.

There were times when I was in a position where I should have sprung for a Tyre Shekel [famed for the Biblical 30-pieces of silver]. The price of these coins has always been a stretch for the working-class and something always came along that demanded a higher priority. Recent interest by other than coin collectors had doubled the price of this coin, making what was once a stretch into what is now a pole-vaulting leap. I keep kicking myself for not having added this coin to my collection earlier. Justifying today's asking rubs hair the wrong way.

So, when is paying too much, too much? Ask a bunch of people and you will get a bunch of differing answers, indicating that there may be no one right answer.

Just sharing a couple of thoughts.

 

Very well put Dick!!

 

Ditto. Very well put Dick!

I own a home that might fall in such a category of thought.

 

Pretty cool! I feel as though, I'm home for the summer, I'm still in college, and the money I have now didn't help me when I didn't have it, so It won't hurt me if I don't have it, and if I can get cool old stuff to add to my collection of stuff, then I will, right? We are all stuff accumulators. One of the benefits of still being a dependent.

 

Way you go, Slamster! Drive on, my man, drive on! Buckle-up first and cellphone on off. OK?

 

Another great story Dick! Keep-um coming

On the subject of paying to much, On the other side of the token there have been plenty
Of times where i have just kicked myself for not upping the ante just a little more
To get that extra special item (I have alot of extra special items...LOL) me personally
Dont mind paying a bit more sometimes you have to, thats just the way it is just
As long as iam educated on what iam buying that is

 

Hey MPC, I always see your great notes and have developed a bit of jealousy because of them. Any of the MPC's I find are always in rough shape like these. Wish I could find some that are nicer at my coin shops. Patience is a virtue although I would like to know if ypou have more luck with local coin/currency shops, or ebay?

 

I'd say MPCUSA's are not from shops and not much from the bay. At that high of a grade notes your looking and hunting whereever you can. Heritage, big shows, MPC dealers and other registry collectors are among them I'd bet. But we'll wait to see what he say's.

 

Hey Doc

Ive been doing this for a long time both in California and now in the mid-west and of
Course on line, And finding the quality i seek isnt easy or cheap! and most of the time
It requires alot of luck, Here,s a great example Series 651 $5 in PCGS 68PPQ
Superb Gem there is none finer in any registry anywhere!! It,s also the Key for the
Series with only 1,600,000 printed far below any note in any series, This note has
A population of 1 and your looking at it

As far as finding nice ones or certified examples your best bet is ME !! all kidding aside
I do have some of the finest quality examples around and my prices are very reasonable
For what your getting, take note alot of what i sell are low population notes and are
Almost impossible to find you can check out my site where i have a small sampling of
Notes but in fact i have over 700 Mpc both raw and certified for you to choose from
go to: e-bid.net under store name: mpcusa any questions please feel free to ask

Other places to look would be Heritage auctions but i havent seen to much there as
Of late, the bay is another source and of course other private collectors but most
Of the rare and high grade stuff goes in to collections or are setting in a safe
Some where waiting for the owners to die before resurfacing again, it can be a
Long wait!

 

Tom Denly has a nice selection of MPC on his website www.denlys.com.

David Seelye has one of the largest selections of MPC available also. David is mostly a vest pocket dealer but sets up at the larger shows like CPMX and ANA. You can email David at thempcman@verizon.net and ask for his list. Also ask for his list of POW and other military notes.

 

Agreed!! These guys have some great stuff as well but most is raw where mine is
Mostly certified, It all depends on what your looking for?

 

And how much it costs.

 

cheap cheap cheap...Denly's has cheap haha

 

You have to find it first

 

Iam not sure how much MPC he buys but his stock has dwindled, Not much of a selection
Anymore

 

If you mean by dwindled - 27 Series 471 $10 notes then yea but to me 27 is a TON of those...
Then again you can look at it like he has 27 because they are priced HIGH so no one is buying them.

 

He use to have way more stuff (Mpc) not so much anymore though! that,s across the board!!

 

Actually there are many series it seems that are very thin in the inventory there. It was just the first one or two that seemed thick.

 

You have to look at the most popular series which has to be the series 681 it,s
The only one with military themed notes which i think helps it,s value