elaine, closed boxes is not part of the hobby for me. I will hold onto a few items for a while in a box or roll, save them if I decide to pursue those item in my collection, sell them sealed if not. I can always open them some rainy day and have some fun. It's no hobby to collect packaging and sealed cardboard boxes, that's a big problem with all collector hobbies in the last couple decades, people obsessing over new marketing gimmicks or desiring over misdirected aspects of the hobby that have little to do with the core of what a given hobby is all about. I say buy some and hold them in their packing, one one up and have a look, make a decision to hold/sell an go from there.
Oh man, I've heard stories! I heard from a guy whose daughter had apparently been breaking into his bedroom drawer and slowly spent his "junk" silver on candy. Argh! Well, I guess not for us. I have to agree with that. I think I enjoy the fact that they just aren't really all that popular. I always see pennies, nickels, dimes, and quarters. The half dollars just seem *rare* even though there are millions of them just because no one uses them. I also like their size. Same with Ike dollars for me. I love them even though they aren't "in vogue". I exchange for them whenever I can...secretly hoping when the teller offers me "silver dollars" that I'll get a handful of Morgan's.
I had 20 sets of the 2005 satin 22 coin box sets, sold five, opened three, and still have 12 sets i'm saving. I haven't thought about them for a long time. I guess that's a sign I've got too much stuff.
Nah, I don't think there's a 'too much' stuff problem unless one's storage system is harming the coins or inadequate in some other fashion. I do the same sort of thing you do, buy several then sell some and hold some. I like to buy and sell but I'm no 'dealer'. I also like to have them in hand, enjoy them for a while and assess how much I want them, if I own them for 5-10 years, then those pieces were part of my collection during a phase or cycle, and I move on. There are also a core number of pieces that form the 'permanent collection', the absolute last items to part with if necessary. As long as it feels fun buying multiples and remains fun and at least nominally profitable reselling them I think it's okay to buy/sell this way. I'm not into hoarding of anything in any fashion, that becomes a problem with storage, focus and/or intent. Gotta keep fun in there always. :thumb:
Your're right. I bought several of the 2005s because they were the first year for the satin, and figured they would be worth a bunch someday. Not so much, huh.
Yeah, not the best out of that situation. But coins are like the weather, stick around and it'll change. Could come a day when those in your collection being overlooked or thought unpopular turn into a trend. Not saying these particular sets/pieces will, just talking about the ebb and flow of collector interest and focus on any given series, design, flaws, toning, what have you.
2008 unc kennedy half: satin finish - 1,490,928 rolls & bags - 3,276,720 total - 4,767,648 2009 unc kennedy half: (not final) satin finish - 1,145,126 rolls & bags - 3,306,680 total - 4,451,806 proof kennedy half: 2008 - 1,405,674 2009 - 1,225,747 (not final)
Kennedy Halves no longer appear in circulation here in NYC. I can get Sac dollars from vending machines as change, but no Kennedys. There have always been rumors about low mintages of Kennedy Dollars as being good investments but they were all flukes.
Is this actually true? Is there any difference in value between satin and circulation strike? Are people collecting all 4 types (Proof, Silver Proof, Satin and Business) or just 3 (Proof, Silver Proof and "Circulation")?
They are being labeled differently by NGC and PCGS, but it appears that the PCGS registry will take a "satin" as an unc for now.
Not me. I'm from the collecting days when mint sets were good old regular business strikes taken right off the production floor. To me, a mint set is still a mint set. :smile
Yes, there is a difference, and yes some people collect them all. I did, but when the 2007s came out, I decided that it was just too much, and I quit buying every coin the mint came out with, and all of my albums ended at 2006. Up until then, I had one of everything, proofs and all. With everything the mint was putting out, it became too overwhelming to try and keep up. I've got my grandmother's collection she started collecting when she was a little girl, and when my Mom passed away last year, I got everything had collected during her life. Unc, satin, clad, silver, proof, silver proof, it all became too much for me. Maybe some day my kids will pick it up and catch it all up. Now I only buy gold and silver, and certain coins that are really appealing to me. That's probably the reason I was so updet about them not producing the ASE and AGE proofs this year, because that's what I was still collecting.
The PCGS Price Guide lists the Satin finish coins in a special category called "Satin Proof" (SP). The group includes the Special Mint Sets (SMS) from 1965-1967, the 1998-S Matte Finish half, and the Satin Finish coins dated 2005-Present. The modern Satin Finish coins (2005-Present) have a special grading scale (G1-G10)...which seems to run from MS-63 to something higher than MS70. I can't say as I understand it. Perhaps someone else can give a better explaination.
I just bought four (4) unopened 2005 mint sets on eBay for $32 + $4 S&H. That's the best deal I've seen on them.
SIR C, it is overwhelming to me too. Looking at the coins minted over the past twenty years and wanted them all is just too much emotionally and finacially. I need to take a very narrow selection of what I really want and go after it if possible. It is an addictive hobby for me and I have to rein myself in. Thanks for your post. zeke
Thanks Zeke. At least I know I'm not alone. There is justtoo much to keep up with anymore, and I had to quit buying everything a couple years ago. I kinda feel bad because it seems like I'm giving up on what my Grandmother and Mom did for the last 100 years, but I just can't do it anymore since the mint comes out with so much stuff. I broke down this year and bought the unc set, now wish I hadn't. Guess I'll stack it away with the other stuff. I do still maintain my Lincoln cents, buy some gold and silver, and when something really appeals to me. Chuck
Chuck...one thing to consider with the 2009 mint set...this is the only place you can find non-proof, 95% copper 2009 cents. Some of the coins you get in the Satin Finish mint sets have handling scuff marks, but some are absolutely pristeen. I have a pristeen 2008D Arizona Satin Finish quarter that I just can't stop looking at.
OMG, Thank you for reminding me! That's why I bought the darn thing! Geeesh, I'm only 52! Can Alzheimers set in that early? hahaha I really do appreciate that. I use Intercept for my Lincolns collection, and I need to get the update album after 2006 I think it is and get that done. Chuck