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Chopmarks: Desired history or a ruined coin??
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<p>[QUOTE="dougsmit, post: 1944875, member: 19463"]I see the bottom line here as a question on why you collect coins. If you are only into coins for their potential cash appreciation, you will only buy those that will appeal to the greatest number of collectors active in the hobby when you are ready to sell. That requires a crystal ball to predict whether the current super grade fad (MS69 selling for multiples of MS68) continues or whether something else becomes the fad. Safest bet right now would be that more people will want your coins without chops but there is never a guarantee what people will do next. </p><p><br /></p><p>If, on the other hand, you collect for the purpose of enjoying the coins and have full intent of leaving a huge box of stuff for your grandchildren to sell in 50 to 100 years, you really should be buying the coins that make you happy and not care whether the two Dougs above and a heap of TPG employees consider them damaged. About half of the replies you have above are from people who collect ancients and a larger percentage of ancient collectors are forgiving of things that happened to coins as result of their being used as coins certainly including chop/banker/counter marks. I don't even hold it against an ancient coin if some guy in 400BC scratched his initials into his coins. I will pay less for the coin because most people would avoid the damaged goods but I still would enjoy owning the coin and hope my grandson forgives me buying it when he has trouble selling it in 2050. </p><p><br /></p><p>There is a World/Ancient dealer by the name of Frank Robinson who said, "Love your coins for what they are, not what they are worth." He is a smart fellow. Don't pay too much for anything without taking into account all factors including how many people will turn up their noses at the coin because of a chop. On the other hand, if you can get a discount for something that adds interest <u>to you</u>, why not buy it? </p><p><br /></p><p>P.S. If you like chopped Spanish, you might be dangerously close to being interested in ancients. Be careful. Addiction is quite possible. Example:</p><p><a href="http://www.forumancientcoins.com/dougsmith/f79.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/dougsmith/f79.html" rel="nofollow">http://www.forumancientcoins.com/dougsmith/f79.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1944875, member: 19463"]I see the bottom line here as a question on why you collect coins. If you are only into coins for their potential cash appreciation, you will only buy those that will appeal to the greatest number of collectors active in the hobby when you are ready to sell. That requires a crystal ball to predict whether the current super grade fad (MS69 selling for multiples of MS68) continues or whether something else becomes the fad. Safest bet right now would be that more people will want your coins without chops but there is never a guarantee what people will do next. If, on the other hand, you collect for the purpose of enjoying the coins and have full intent of leaving a huge box of stuff for your grandchildren to sell in 50 to 100 years, you really should be buying the coins that make you happy and not care whether the two Dougs above and a heap of TPG employees consider them damaged. About half of the replies you have above are from people who collect ancients and a larger percentage of ancient collectors are forgiving of things that happened to coins as result of their being used as coins certainly including chop/banker/counter marks. I don't even hold it against an ancient coin if some guy in 400BC scratched his initials into his coins. I will pay less for the coin because most people would avoid the damaged goods but I still would enjoy owning the coin and hope my grandson forgives me buying it when he has trouble selling it in 2050. There is a World/Ancient dealer by the name of Frank Robinson who said, "Love your coins for what they are, not what they are worth." He is a smart fellow. Don't pay too much for anything without taking into account all factors including how many people will turn up their noses at the coin because of a chop. On the other hand, if you can get a discount for something that adds interest [U]to you[/U], why not buy it? P.S. If you like chopped Spanish, you might be dangerously close to being interested in ancients. Be careful. Addiction is quite possible. Example: [url]http://www.forumancientcoins.com/dougsmith/f79.html[/url][/QUOTE]
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Chopmarks: Desired history or a ruined coin??
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