Discussion in 'Bullion Investing' started by tibor, Jul 8, 2019.
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I agree with Two Dogs. I like the '64 JFK halves the best for stacking. Second, pre-65, common date Washington quarters. Both of these can be purchased at good prices and they have the least wear.
Then I like Franklins, and finally Mercury dimes.
My least favorite is the Walking halves. They are light weight because of the heavy circulation. Franklin dimes-never. Don't want coins with the visage of the man who illegally outlawed private ownership of gold in this country.
If I see, say, a lot of Barber dimes with some higher-grade ones showing, I'll often take a chance even somewhat above melt. I'm not talking about the bidiot-bait carefully-assembled eBay "unsearched lots", although I bought my share of those when I was learning -- I'm talking about poorly-photographed lots from eBay sellers whose usual line of business is non-coin-related, or newly-arrived piles at the local pawnshop.
But then again, I guess I'm not actually a stacker, so I should probably go bother other threads.
Yeah, I get hopelessly bored with piles of shiny 1964 halves/quarters/dimes, but they do generally have their full weight. Older coins don't, especially older dimes, but also quarters and (very old/slick) halves.
As I've said before, I prefer to buy newer coins by multiples of face value and older coins by weight, and I prefer to do the opposite when I sell.
Time to start making room in that garage Randy. Open the doors and hold a garage sale while it's warm. LOL
I can get Morgan's and Peace for the same price but one dealer in my area is charging a premium for Morgans.
I was somewhat surprised to find 47 different date-and-mint combinations in those 150 pieces, when I had been expecting nearly all to be from the 1940s.
So I picked up a cheap Whitman folder and kept the best of each date I could find.
Recently bought some .800 fine Canadian dimes, too, since I got 'em for melt.
I prefer the '64 Kennedy or Walkers, but stay away from Franklin halves. Just from observations at coin shows, I see Frankins not being purchased very often.
For my own stacking, I sold all of my 90% and 40% silver and mainly focus on ASEs....for many reasons:
- They're extremely popular and there has always been a strong market for them. I can go to any show or any LCS if I absolutely needed to sell and get cash for them.
- yes, there is a markup on spot, but you will get the markup back when you sell them to individuals. I just make a note to try and not pay over $2 spot for ASEs.
- Most coins are still in uncirculated condition, so there are bullion buyers and also collector buyers which opens your marketplace.
I guess stick to what you know and what you like. That way if you're stuck with the coins for a while, there is little heartache.
I found two in the CoinStar reject cup about three weeks ago.
You might have the same luck.
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