Details Coins

So is the question whether or not you deliberately collect Details coins, sort of like a lowball collector? I suppose that could be a niche - like collecting examples of every kind of "details" ever given, or a date set of all problem coins - but I somehow doubt there are many people doing that.

 

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Are there any pictures of the holed Seated Dollar collection? I would like to see it. Thanks.

 

I took a look at the LSCC website and back issues of the club's newsletter and couldn't find any photos. Sorry.

 

I'm sure some other things were touched up but I can live with it considering what I paid.

 

Unless it's an MS-70, aren't they all "details coins"?

Just saying . . . .

Z

 

Publius2, Thank you for trying.

 

I refuse detailed coins anymore. I do see rarer coins still bring decent prices. I have gotten fractional value for detail common high grade MS (NGC, PCGS) upon resale. I will not deal them or have them in my collections.

 

Again, I’ve seen rarer coins receive decent value per details. I’ve gotten fractional value for high grade MS (NGC, PCGS) upon resale that are genuine or detailed. I avoid them even the rare ones.

 

Sorry problems likely on my end but I’ve had trouble with ousting in this forum before.

 

So far only one . One of My 1880 Vam 33A cleaned though it has no hairlines it was likely dipped in something.

 

I think the answer you're looking for is that in some cases a details coin is a good option. However, it all depends on a persons taste. The 1795 bust dollar I posted was very acceptable to me. In the same auction was a straight graded 1795 bust dollar in VF that had adjustment marks on it. That coin looked like a file was used on the coin. Which was true and because it was done at the mint it is considered ok. To me it's the same as a scratched coin. Sometimes even worse. That filed coin went for 3 times the money I paid for the dollar I bought and mine had even less wear. I will never buy a coin with adjustment marks because to me it's a damaged coin. The same can be said about some cleaned coins, some look good and can be acceptable and some look like someone took a Brillo pad to the coin.

However, if you're buying details coins based on price alone you will likely end up with a lot of junk. Even a rare coin that has been seriously messed with or damaged will be very difficult to sell.

Additional information; I've saw a recent auction of counter stamped coins that were technically details coins that went for more than straight graded coins of the same grade and type.

 

As someone who buys coins out of interest and curiosity - I worry about folks who invest in same, I hope they know a lot more than me. But I love the history and magic I find in coins as they reveal and mark history to me, I find the dismissive comments about Details coins rather a puzzle, and kind of sad. I know there are many smarter folks than me, but anyone who thinks coins are a good investment, is, in my view, listening to too many Youtube videos or late night television infomercials. Please don't be dismissive of us lowly collectors who buy details coins because we are in it for reasons other than "investment" - I have a 401(k) and a brokerage account for that and I'm not rich - never will be - pretending that only buying MS65 or better coins is the way to go is ridiculous for folks who just like collecting.

 

I collect holed U. S. coins by date and mintmark. I have for several years. Some coins are not known holed or worth buying so I settle for plugged or looped or I wait until I can upgrade to holed. I have had a lot of enjoyment collecting them. I can safely say that my whole collection would be slabbed 'details' if they were slabbed. A few are slabbed. There are worn to uncirculated to proof coins, all grades. I enjoy showing them. I don't exhibit them at shows anymore, just too much work. I only displayed a type set when I did display named "What a Shame!".

 

Do you ever "hole" them yourself?

 

Never. No fun that way. Almost all can be found with plenty of patience.

 

For me it depends on the issue and the rarity. For example, I would gladly take a rare coin in a details holder that has some cheap scratch that earned a details holder but still has nice eye appeal and otherwise original surfaces vs. the same coin that is extremely worn but completely original (which probably costs 2 or 3 times as much and lacks eye appeal).

I do not purposely seek details coins and I prefer original coins, but details coins are not some absolute abomination like some big time players in numismatics make them out to be. It is always better to save for original examples if you can or at least come to terms with the impaired value that details coins have if the collector goes that route of acquiring one.

 

The picture of the PCI 1909 Proof Lincoln cent graded PR63 cleaned fits the category of details coins that wouldn't bother me at all because to me it doesn't look like it has been cleaned. I have seen coins details graded that I would think have a normal look and other coins that look cleaned to me that are straight-graded. As the saying goes, "Buy the coin, not the holder!"

 

Never submitted for grading, but would definitely get "detailed."

Z

 

1792 Barbados Penny - scritchy scratched. Almost proof like surfaces though. Interesting piece - 39,000 minted. Neptune pulled by sea horses on the reverse and an African king on the obverse. Probably some ugly reference to slavery - with the "I serve" lettering but an attractive coin. In 1793 Canada outlawed slavery and in 1807, King George III outlawed the slave trade, though the ownership of slaves continued until the Slavery Abolition Act 1833, pressed by William Wilberforce, who died shortly after passage was assured. From Wikipedia - Wilberforce was convinced of the importance of religion, morality and education. He championed causes and campaigns such as the Society for the Suppression of Vice, British missionary work in India, the creation of a free colony in Sierra Leone, the foundation of the Church Mission Society and the Society for the Prevention of Cruelty to Animals.

 

Yup yup that's a horribly deformed and detailed coin... You should send it to me for proper disposal