One I wish I could afford

Discussion in 'US Coins Forum' started by USS656, Jul 18, 2008.

  1. mark_h

    mark_h Somewhere over the rainbow

    Take your time with your albums. I not only got the ones you mentioned, but also jefferson nickels, plus a couple of washington quarters(no silver). So far I have only filled those with coins from my change, but have a feeling I will have to purchase a few to close them out. Take your time and enjoy the hunt. :)

    1919 must be one of the most common wheat cent to find in circulation. It is still cool to find that date in circulation. Keep looking you will probably get some good ones through the bank.
     
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  3. Treashunt

    Treashunt The Other Frank

    kdkenn:
    Do you remember the real estate saying: Location, location, location?

    Well in coins it is: Condition, Condition, Condition.
     
  4. USS656

    USS656 Here to Learn Supporter

    I would take that one step further and say:

    Condition & Rarity, Condition & Rarity, Condition & Rarity

    Certain coins (even some older) exist in large numbers in proof condition and then there are others that are harder to find especially in proof conditions. The later will always demand a significant premium. The casual collector probably cannot afford them and the serious collector that can afford them will probably pay what ever they have to to get them (the rare ones in the best known condition).
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    may I finish it then, Darryl?

    It's DEMAND, then rarity, then condition
     
  6. USS656

    USS656 Here to Learn Supporter

    Very good point Mike!!! First two do not matter if there is no demand.
     
  7. Treashunt

    Treashunt The Other Frank

    Mike & Darryl:

    I agree, I was just trying to point out why that particular piece was so costly.

    If there is only one piece and 2 people want it, then a bidding war may erupt.

    No matter how rare, if there is only one piece and only one person wants it, then it is still junk.
     
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