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1883 N/C Liberty Head Nickel for Type Set
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<p>[QUOTE="ngs428, post: 1456472, member: 38003"]Thanks for the tips everyone. I have spent the last approximately 12 months on and off searching (only purchasing a coin or two for the type set). I understand and have heard many times that patience is a virtue.</p><p><br /></p><p>I posted about these 2 nickels to educate myself on what I should be looking for on these types. I have found that you can spend a lot of time searching for one coin and then move on to the next, when you could have been using that same amount of time to search for a couple coins that you know well, as was stated, maybe stick to Nickels. </p><p><br /></p><p>I am sticking to grades that are the break point between a lower cost coin and a much higher cost coin. For the 1913 T1 in MS-64 it is $80 on NumisMedia, for the MS-65 it is $156. For the Liberty Nickel, in MS-64 it is $81 on NumisMedia, for the MS-65 it is $206. Personally it is not worth the extra money to get to the higher grade, that is my thought, many others disagree.</p><p><br /></p><p>My grandfather got me started in the hobby, his collection was not full of choice examples (MS-66, etc.) but it meant a lot to him and meant a lot to me to see what he loved. </p><p><br /></p><p>I don't have $200 to set aside for a coin of this type (for other types I will certainly have to), I would much rather spend in the range I am considering and be happy with that I purchased. Each of have our own philosophy. I enjoy the collecting and like to get a nice example in the price range I set.</p><p><br /></p><p>Having the knowledge for the coin types is a must if you want to purchase something and be happy with it many years down the road. If you don't know something at this point and realize it later after the purchase, that is when buyer's remorse will set in.</p><p><br /></p><p>I have certainly gained knowledge on Liberty Nickels after posting this thread, so I can take that, add to it and make an informed purchase in my budget that I am happy with.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Again, thanks for all the assistance in this thread![/QUOTE]</p><p><br /></p>
[QUOTE="ngs428, post: 1456472, member: 38003"]Thanks for the tips everyone. I have spent the last approximately 12 months on and off searching (only purchasing a coin or two for the type set). I understand and have heard many times that patience is a virtue. I posted about these 2 nickels to educate myself on what I should be looking for on these types. I have found that you can spend a lot of time searching for one coin and then move on to the next, when you could have been using that same amount of time to search for a couple coins that you know well, as was stated, maybe stick to Nickels. I am sticking to grades that are the break point between a lower cost coin and a much higher cost coin. For the 1913 T1 in MS-64 it is $80 on NumisMedia, for the MS-65 it is $156. For the Liberty Nickel, in MS-64 it is $81 on NumisMedia, for the MS-65 it is $206. Personally it is not worth the extra money to get to the higher grade, that is my thought, many others disagree. My grandfather got me started in the hobby, his collection was not full of choice examples (MS-66, etc.) but it meant a lot to him and meant a lot to me to see what he loved. I don't have $200 to set aside for a coin of this type (for other types I will certainly have to), I would much rather spend in the range I am considering and be happy with that I purchased. Each of have our own philosophy. I enjoy the collecting and like to get a nice example in the price range I set. Having the knowledge for the coin types is a must if you want to purchase something and be happy with it many years down the road. If you don't know something at this point and realize it later after the purchase, that is when buyer's remorse will set in. I have certainly gained knowledge on Liberty Nickels after posting this thread, so I can take that, add to it and make an informed purchase in my budget that I am happy with.:) Again, thanks for all the assistance in this thread![/QUOTE]
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1883 N/C Liberty Head Nickel for Type Set
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