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Barber coins- good idea??
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<p>[QUOTE="-jeffB, post: 2971297, member: 27832"]Barbers were hard-working coins, and it shows. Some, the dimes especially, have lost significant weight due to wear -- I've measured some dimes at 20% below their nominal weight. The vast majority I see are AG or below, and many are damaged.</p><p><br /></p><p>I started buying during silver's 2011 peak. At that point, a <i>lot</i> of things were selling at melt value, because melt value was ridiculously high. I figured that if silver fell back, better stuff like Barbers would hold its value better. It's sort of worked out, I guess, although I haven't sold many Barbers at all -- it looks like now the well-worn ones carry a <i>small</i> premium over melt. In G-VG and undamaged, the premium is higher. Never enough to cover what I paid for them, but I was doing it for entertainment more than "investment", so I've gotten what I paid for.</p><p><br /></p><p>I've landed a few VF-XF halves, one or two of them problem-free, mostly by luck, but also persistence. I still keep an eye out for more.</p><p><br /></p><p>Welcome to CoinTalk![/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2971297, member: 27832"]Barbers were hard-working coins, and it shows. Some, the dimes especially, have lost significant weight due to wear -- I've measured some dimes at 20% below their nominal weight. The vast majority I see are AG or below, and many are damaged. I started buying during silver's 2011 peak. At that point, a [I]lot[/I] of things were selling at melt value, because melt value was ridiculously high. I figured that if silver fell back, better stuff like Barbers would hold its value better. It's sort of worked out, I guess, although I haven't sold many Barbers at all -- it looks like now the well-worn ones carry a [I]small[/I] premium over melt. In G-VG and undamaged, the premium is higher. Never enough to cover what I paid for them, but I was doing it for entertainment more than "investment", so I've gotten what I paid for. I've landed a few VF-XF halves, one or two of them problem-free, mostly by luck, but also persistence. I still keep an eye out for more. Welcome to CoinTalk![/QUOTE]
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