I would like to own a Trade Dollar, particularly this one http://www.ebay.com/itm/1877-S-Trade-Silver-Dollar-T-1-NGC-AU-Details-Rare-Certified-Coin-/141992875203?hash=item210f6f54c3:g:bL0AAOSwzrxUxp~m I LOVE the design and the beauty of the coin and I would be proud to own one.
How bout take the 300$ and buy a metal detector? Different kind of fun but the findings are limitless!
Despite having been cleaned, I think that coin possesses pretty good overall appeal, with as much original toning, luster and detail as it retains, and with as few deep marks as I can make out. I think it would be a fine choice if you like the Trade Dollar design so much. Others may differ with my opinion, but I feel you should be buying a coin because you like the coin, and not because you think you're getting a killer deal.
Consider an Isabella quarter in AU or AU+. Mintage of 24,214....classic commems are selling too cheap....and this one can stand on its own as the only classic commemorative in this denomination.
Of course, get a coin that YOU like. That said, I'm partial to Walking Liberty half dollars. Or a Civil War era coin -- if you can find a nice one that's genuine, at a decent price.
Wait until the next show, then search all of the junk bins and cherrypick coins of value. Turn that $300 into $500, $600, $700, maybe even $800. After that, you can flip even farther, or buy yourself a coin worth $500+ for $300. Junk bins hold so much potential for great finds. Once I cherrypicked a really nice, probably MS-63 1932 Swiss 5 rappen out of a foreign bin for $.25. I've had some other finds, including one 1888 and three 1896 Liberty Head Nickels for $.50 each. All are heavily worn, but still worth more than $.50. Still waiting on a key date, but even an 1894 would be nice. These are just examples, you could get much better stuff. OR I suggest a mint state Seated coin or large cent. Maybe a gold coin if you want to go that route, or an early proof Lincoln if you can find one at $300.
It's even better if you can get more than $X worth of fun out of it. I have a few coins that have definitely provided me more entertainment than I paid for them. A good example is my one and only Civil War Token, a common Broas Bros. Pie Bakers in copper, struck with shattered and clashed dies. There's so much going on with that piece, I just love it to death. It's AU/MS and ran me all of $60, and I'd say I got $60 worth of enjoyment out of it before I even took it home. I also love my ancients, just because it's cool to hold a coin that was circulating 1500+ years before there even was a United States. I love the reactions when I let other people hold them, too. What about $0? It's just another way of asking yourself if you feel good about having spent the $300. Mike, I was about to post the same exact thing about that coin. There's always some danger that the pictures don't tell the entire truth and maybe it's more severely hairlined than it appears, but, if I wanted a Trade Dollar and could only spend $300, that one would certainly be a candidate.
When I saw the coin I just wanted it for the link to show you guys what kind of coin I'd like to get, I know now to post a pic of a coin before I buy it, you and ToughCOINS seem to be pretty observant!
The coin you linked was being offered at $100 over its' value in the market ($300 should get you a nice 1877-S AU50 or an acceptable AU55 in a righteous slab), and you would have found it covered in hairlines and very unappealing. These are the things you need to learn before deciding what's right for you at $300.
. I totally agree. I would never spend that kind of money on a coin in a details holder, especially when I could get a problem free example for the same or less. A Trade Dollar would be a fantastic choice for $300. A nice Barber coin or FH Standing Liberty quarter wouldn't be bad either. However, instead of chasing the highest grade for the money, look for something high end within its assigned grade. For example, I'd rather pay $300 for a nice XF Trade with a CAC sticker or at least with original skin than the same money for a dipped AU. Lately I've been selling off some of my lower end stuff and putting the money toward upgrades that have eye appeal. My newest purchase is a certified VG New Jersey copper (just posted in new acquisition thread). I paid twice as much as the one I already had cost which is also certified VG. Both coins are certified problem free, but my newest one looks even more than twice as nice as the cheaper one. And best of all, quality within a grade is attainable with any budget.
I just picked up the same token. I gave $75 for mine. I've had offers higher than that for it already. Never seen a coin/token with so much going on. Mine also has rotated dies. Not sure if they all do. It's a great conversation piece.
I'd buy 1/2 dozen matte proof 1909 Lincolns from Great Southern Coins. In all seriousness, I'd have to throw my vote behind the 1917 Standing Liberty Quarter. It is too beautiful - I'm adding that to my shopping list. I didn't know you could get that coin for that price.
I would go for an original surfaces VF-EF 1919-D Standing Liberty quarter with as strong of a date as possible.
[QUOTE="Gregg, post: 2925647, member: 90419” In all seriousness, I'd have to throw my vote behind the 1917 Standing Liberty Quarter. It is too beautiful - I'm adding that to my shopping list. I didn't know you could get that coin for that price.[/QUOTE] I bought a nice Type 1 recently for right around that price. It’s an AU58 with a CAC sticker and a nice swath of obverse toning, and is a D mint to boot.