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<p>[QUOTE="tenacious, post: 464456, member: 14553"]OK <b>morgan96</b>, although I love a good AU-58 in any coin, with good intentions I'm going to post something else to think about.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I agree with <b>rzage</b> in that if you can save up the extra $, go for a MS-63 to MS-64.</p><p><br /></p><p>Here's a post I copied from another forum a while ago that specifically addresses buying an AU-58 $20 Liberty -</p><p><br /></p><p><br /></p><p><i>"<b>First</b>, you have to be very selective when it comes to buying $20 Liberty coins in AU-58. You can’t just place an order with a broker and have him send coins to you. The only coins that have any numismatic interest in that grade are pieces with very smooth surfaces, almost no marks and just a hint of rub. Anything that is has lots of bag marks is a bad buy IMO.</i></p><p><i><br /></i></p><p><i><b>Second, AU-58 is an “orphan grade” for $20 Liberty coins. There are literally thousands of 1904 $20 Liberty coins in MS-63 and 64. Many of these coins are “PQ” for the grade, and the collector who wants a $20 Liberty for their type set is going to strive for one of them.</b> <b>The AU-58 coin is really nothing more than a dressed up bullion coin that generates limited numismatic interest.</b>"</i></p><p><br /></p><p><br /></p><p>Rather harsh but there is some truth there.</p><p><br /></p><p>So you can find a very nice looking AU-58 at a cheaper price. Or you can go for a nice looking MS-63 to MS-64 that will have and keep better numismatic interest/value. Something to think about if you're only going to buy one for a type.</p><p><br /></p><p><br /></p><p>Many times I have gone for a nice looking lower grade coin. And I have been very happy with them. </p><p><br /></p><p>I collect what I like. I don't primarily collect for investment.</p><p><br /></p><p><br /></p><p>But after you start putting a significant amount of money into your collection you may start thinking that you need to also choose coins with future value in mind.</p><p><br /></p><p>Whichever you decide the most important thing is to choose something you will be happy with and enjoy.</p><p><br /></p><p>Good luck![/QUOTE]</p><p><br /></p>
[QUOTE="tenacious, post: 464456, member: 14553"]OK [B]morgan96[/B], although I love a good AU-58 in any coin, with good intentions I'm going to post something else to think about. I agree with [B]rzage[/B] in that if you can save up the extra $, go for a MS-63 to MS-64. Here's a post I copied from another forum a while ago that specifically addresses buying an AU-58 $20 Liberty - [I]"[B]First[/B], you have to be very selective when it comes to buying $20 Liberty coins in AU-58. You can’t just place an order with a broker and have him send coins to you. The only coins that have any numismatic interest in that grade are pieces with very smooth surfaces, almost no marks and just a hint of rub. Anything that is has lots of bag marks is a bad buy IMO. [B]Second, AU-58 is an “orphan grade” for $20 Liberty coins. There are literally thousands of 1904 $20 Liberty coins in MS-63 and 64. Many of these coins are “PQ” for the grade, and the collector who wants a $20 Liberty for their type set is going to strive for one of them.[/B] [B]The AU-58 coin is really nothing more than a dressed up bullion coin that generates limited numismatic interest.[/B]"[/I] Rather harsh but there is some truth there. So you can find a very nice looking AU-58 at a cheaper price. Or you can go for a nice looking MS-63 to MS-64 that will have and keep better numismatic interest/value. Something to think about if you're only going to buy one for a type. Many times I have gone for a nice looking lower grade coin. And I have been very happy with them. I collect what I like. I don't primarily collect for investment. But after you start putting a significant amount of money into your collection you may start thinking that you need to also choose coins with future value in mind. Whichever you decide the most important thing is to choose something you will be happy with and enjoy. Good luck![/QUOTE]
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