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<p>[QUOTE="AthensHunter, post: 1245187, member: 29025"]What's your opinion on problem coins? I'm referring to coins that exhibit one of many different problems that severely detract from its value (or for many, its collectibility). Problems, of course, include holes, scratches, bends, cleaning, etc.</p><p><br /></p><p>I'm a fan of problem coins, to an extent, mainly because they allow me to buy a coin that would otherwise be way out of my budget. For example, in the past week I've purchased an 1806 half and an 1875-CC twenty-cent piece for less than $150.00 combined. The Twenty-cent piece had been cleaned and had a few nicks on the reverse, but otherwise would grade F-VF (partial liberty on shield). The 1806 half is in VG 8-10 condition and scratches on both the obverse and reverse. The scratches are severe enough to prevent it from being a candidate for grading, but it's easily a $275.00 coin that I paid less than $100.00 for. It has no holes, which to me is the worst problem a coin can have. </p><p><br /></p><p>What's your take? Would you invest in a problem coin for the mere fact that, given its problems, it's still a rare piece of history? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="AthensHunter, post: 1245187, member: 29025"]What's your opinion on problem coins? I'm referring to coins that exhibit one of many different problems that severely detract from its value (or for many, its collectibility). Problems, of course, include holes, scratches, bends, cleaning, etc. I'm a fan of problem coins, to an extent, mainly because they allow me to buy a coin that would otherwise be way out of my budget. For example, in the past week I've purchased an 1806 half and an 1875-CC twenty-cent piece for less than $150.00 combined. The Twenty-cent piece had been cleaned and had a few nicks on the reverse, but otherwise would grade F-VF (partial liberty on shield). The 1806 half is in VG 8-10 condition and scratches on both the obverse and reverse. The scratches are severe enough to prevent it from being a candidate for grading, but it's easily a $275.00 coin that I paid less than $100.00 for. It has no holes, which to me is the worst problem a coin can have. What's your take? Would you invest in a problem coin for the mere fact that, given its problems, it's still a rare piece of history? :)[/QUOTE]
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