Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
"Problem" coins, what are they worth?
>
Reply to Thread
Message:
<p>[QUOTE="Billy Kingsley, post: 724559, member: 19456"]Interesting thread. I just read it all. I tend to agree with Just Carl. I don't care about any percieved "value"...they are going to stay with me forever and when I am gone they will be covered in my will; likely donated to a museum or perhaps just buried in the woods somewhere so that future archeologists can discover them and learn some about history. Or maybe I will give them away to people who I find worthy. Or maybe I will get hit by blue ice tomorrow and not have to worry about it. </p><p> </p><p>My point is that the future is not what I am concerned with. Even though I don't believe it, there are a ton of people who think that the world is going to end in 2012. If that happens, then you could have a million tons of gold, silver, platinum EACH...it won't do you much good if you are pushing up daisys. Now would it? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p> </p><p>Now for me, I am ok with some problem coins. I would readily add them to my collection. Living on a limited income I know that if I want to get some coins they are going to have to be pretty darn bad. I'm OK with that but I have a sliding scale. Some things I would accept, some things I would not. For instance:</p><p> </p><ul> <li>A dipped coin is acceptible</li> <li>a wiped (hairlined) coin might not be acceptible, or it might be. If it looks like circulated wear, but it's actually wiped, I may go for it or I may not.</li> <li>A polished coin is likely Not going to be acceptible, I have not seen one yet that I would add.</li> <li>a Holed coin is a definite no for me. I can't bring myself to love those coins, no matter what. IF, and this is a big if, it was the only known example, I would likely accept it then, however be sad every time I saw it that it was ruined. But if it was the only known example I wouldn't be able to afford it, holed or not, and it's a moot point unless it is something I dig up out of the ground. (Coins from around the world that came from the mint with a hole is a different story)</li> <li>a bent coin is acceptible, but not for my main collection. I have a collection of heavily damaged coins, and I would add it for that if I got it for face or slightly more then face. I already have a few and I enjoy them, but for the fact that they are damaged, not as my main collection. I call that collection my "Run Over by a Truck Collection"</li> <li>A corroded coin may or may not be acceptible. It would vary with each coin, I've seen some online that looked fine, and some that looked awfull.</li> <li>A modified coin is not acceptible. For an example a 1916 dime with an added D, or a 1922 cent with the D filed off.</li> <li>A tooled coin would NOT be acceptible. There are pretty much only 4 things that would keep a coin out of my collection- a hole, a polishing, a tooling, and an altered coin.</li> </ul><p>Obviously, counterfits are not really welcome in my collection, especially when they are made out to be the real thing. There are some counterfits that are so out there, that they could be considered a fantasy piece and if they make me laugh then I might be willing to accept them if they were free; I would not pay for them, I would rather spend my money on real coins. (I am referencing coins that look like they were hand drawn or are not copies of real coins, they are simple "coins" made that are not copies of actual coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Billy Kingsley, post: 724559, member: 19456"]Interesting thread. I just read it all. I tend to agree with Just Carl. I don't care about any percieved "value"...they are going to stay with me forever and when I am gone they will be covered in my will; likely donated to a museum or perhaps just buried in the woods somewhere so that future archeologists can discover them and learn some about history. Or maybe I will give them away to people who I find worthy. Or maybe I will get hit by blue ice tomorrow and not have to worry about it. My point is that the future is not what I am concerned with. Even though I don't believe it, there are a ton of people who think that the world is going to end in 2012. If that happens, then you could have a million tons of gold, silver, platinum EACH...it won't do you much good if you are pushing up daisys. Now would it? ;) Now for me, I am ok with some problem coins. I would readily add them to my collection. Living on a limited income I know that if I want to get some coins they are going to have to be pretty darn bad. I'm OK with that but I have a sliding scale. Some things I would accept, some things I would not. For instance: [LIST] [*]A dipped coin is acceptible [*]a wiped (hairlined) coin might not be acceptible, or it might be. If it looks like circulated wear, but it's actually wiped, I may go for it or I may not. [*]A polished coin is likely Not going to be acceptible, I have not seen one yet that I would add. [*]a Holed coin is a definite no for me. I can't bring myself to love those coins, no matter what. IF, and this is a big if, it was the only known example, I would likely accept it then, however be sad every time I saw it that it was ruined. But if it was the only known example I wouldn't be able to afford it, holed or not, and it's a moot point unless it is something I dig up out of the ground. (Coins from around the world that came from the mint with a hole is a different story) [*]a bent coin is acceptible, but not for my main collection. I have a collection of heavily damaged coins, and I would add it for that if I got it for face or slightly more then face. I already have a few and I enjoy them, but for the fact that they are damaged, not as my main collection. I call that collection my "Run Over by a Truck Collection" [*]A corroded coin may or may not be acceptible. It would vary with each coin, I've seen some online that looked fine, and some that looked awfull. [*]A modified coin is not acceptible. For an example a 1916 dime with an added D, or a 1922 cent with the D filed off. [*]A tooled coin would NOT be acceptible. There are pretty much only 4 things that would keep a coin out of my collection- a hole, a polishing, a tooling, and an altered coin. [/LIST]Obviously, counterfits are not really welcome in my collection, especially when they are made out to be the real thing. There are some counterfits that are so out there, that they could be considered a fantasy piece and if they make me laugh then I might be willing to accept them if they were free; I would not pay for them, I would rather spend my money on real coins. (I am referencing coins that look like they were hand drawn or are not copies of real coins, they are simple "coins" made that are not copies of actual coins.[/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
>
Coin Chat
>
"Problem" coins, what are they worth?
>
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...