Perusing the Great Collections email and admiring all the eye candy and it strikes me…. An MS68 war cent… One of the most common coins out there is bid up over 3k… And an MS65 St. Gaudens, arguably the most beautiful coin ever struck is barely bringing spot value. I suppose I’ll just never buy into the value a TPG label imparts into some coins in our hobby…. There, I said it. Let the beatings begin.
I think I found the one you’re talking about, Randy. It should be noted that it is 68+ with a green bean. This is all about condition rarity and people boosting up their registry sets. CoinFacts has this puppy listed at $35K. I wouldn’t spend the $3K on this one, let alone that kind of moon money.
I know. I have a full set of MS66 war cents and didn’t pay over 35 bucks for any of them. And I would wager that 90% of us couldn’t see the difference between a 66 and a 68 war cent. A label has no intrinsic value as far as I am concerned…… Man, I just opened the door for some hate mail!
I’m sure there are quite a few of us true numismatics who feel the same. Thats how I justify buying pre 33 gold, your buying a 2100$ coin for a 100 bucks. Works in my mind if not the wife’s
I was born in 1943 and all my collections center around that date. All of the Steel Cents I have were found in change by me. Eye appeal is my only standard. I have one slab, 16-D Dime. I went many years unable to find one in change.
IMO EF-45 is the ideal grade. An uncirculated coin never had a job. It spent it's life eating Chese Whiz and watching Jerry Springer re-runs.
No beatings. Just love and admiration of you coming to your senses. Many here value the illusion of plastic mystic.......
I think a lot of people are motivated by being able to brag about what they just bought. But half the time when I get something I'm really excited about and I'm thinking, the guys on Cointalk are going to love this, I post it and get three likes and one comment. And it's like, that's it? So I'm learning to just collect for me. I don't need to impress random people I've never met in real life.