Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Buying key date coins
>
Reply to Thread
Message:
<p>[QUOTE="Midas, post: 48459, member: 2761"]You buy the <u>best</u> coin in the <u>best</u> condition that you can afford. It is easy to walk into a show and buy a number of commons that fill up as many holes as possible. You feel good as slot after slot gets filled. But...if you took that money and bought one great coin versus 50 commons, you would have been better off.</p><p><br /></p><p>For instance, I almost pulled the trigger years back for a PCGS graded Lincoln 1922 Plain, Strong Reverse in EF45 condition. The dealer was asking $1,150 for it. I couldn't stomach paying $1,150 for ONE coin so I spent the weekend buying commons. What does that coin go for now?...Over double!!</p><p><br /></p><p>The commons I bought are pretty much the same price because they are COMMON.</p><p><br /></p><p>Look at the article in this week's Coin World about the 1995-W SAE Proof. These coins have doubled in prices realized over the last couple of years. Many predict they will hit $10,000 for a PR69DCAM in a couple of years!</p><p><br /></p><p>Buy quality because quality coins will always maintain their value and desire. Quality is hard to find. Keys are hard to find. When I look back at coins I should have bought instead of the "bulk" of coins that made me feel better because of "slots filled", if I had to do it again, I would have bought my keys first...relaxed...then looked for nice eye appealing commons to fill in the "holes".</p><p><br /></p><p>Would of, could of, should of!! Ask any collector and those that been around would 99% agree. Grab the key...the commons will always be around.[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 48459, member: 2761"]You buy the [U]best[/U] coin in the [U]best[/U] condition that you can afford. It is easy to walk into a show and buy a number of commons that fill up as many holes as possible. You feel good as slot after slot gets filled. But...if you took that money and bought one great coin versus 50 commons, you would have been better off. For instance, I almost pulled the trigger years back for a PCGS graded Lincoln 1922 Plain, Strong Reverse in EF45 condition. The dealer was asking $1,150 for it. I couldn't stomach paying $1,150 for ONE coin so I spent the weekend buying commons. What does that coin go for now?...Over double!! The commons I bought are pretty much the same price because they are COMMON. Look at the article in this week's Coin World about the 1995-W SAE Proof. These coins have doubled in prices realized over the last couple of years. Many predict they will hit $10,000 for a PR69DCAM in a couple of years! Buy quality because quality coins will always maintain their value and desire. Quality is hard to find. Keys are hard to find. When I look back at coins I should have bought instead of the "bulk" of coins that made me feel better because of "slots filled", if I had to do it again, I would have bought my keys first...relaxed...then looked for nice eye appealing commons to fill in the "holes". Would of, could of, should of!! Ask any collector and those that been around would 99% agree. Grab the key...the commons will always be around.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Buying key date coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...