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Well, did I overpay? 3-Cent Silver
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<p>[QUOTE="Paul M., post: 4298878, member: 73165"]I'm pretty much in agreement with 35-40. Nice coin, but I might have either waited to save up a few more dollars and gone with an UNC type piece. Alternatively, you can get solid VF coins in the $30 range.</p><p><br /></p><p>As for your question, "overpaid" is really a state of mind. I have literally paid 10x multiples of price guide values for certain coins because I liked their look (excellent eye appeal and/or nice toning). The question is: when you pop that coin in the capsule and stick it in the album, how are <i>you</i> going to feel about it in a week, month, year, <i>etc.</i> from now?</p><p><br /></p><p><br /></p><p><br /></p><p>It's also not uncommon to have mint state coins with what would be considered VF or XF level of detail if the coin were circulated. As with classic commems (although for a different reason), luster is a more important factor than in most series. With 3 cent nickels, presence or absence of luster is the only way you're going to see whether a lack of detail represents wear or weak strike. You also need to be very familiar with the typical wear patterns of these coins. This is what will tell you where you should be looking for luster at all.[/QUOTE]</p><p><br /></p>
[QUOTE="Paul M., post: 4298878, member: 73165"]I'm pretty much in agreement with 35-40. Nice coin, but I might have either waited to save up a few more dollars and gone with an UNC type piece. Alternatively, you can get solid VF coins in the $30 range. As for your question, "overpaid" is really a state of mind. I have literally paid 10x multiples of price guide values for certain coins because I liked their look (excellent eye appeal and/or nice toning). The question is: when you pop that coin in the capsule and stick it in the album, how are [I]you[/I] going to feel about it in a week, month, year, [I]etc.[/I] from now? It's also not uncommon to have mint state coins with what would be considered VF or XF level of detail if the coin were circulated. As with classic commems (although for a different reason), luster is a more important factor than in most series. With 3 cent nickels, presence or absence of luster is the only way you're going to see whether a lack of detail represents wear or weak strike. You also need to be very familiar with the typical wear patterns of these coins. This is what will tell you where you should be looking for luster at all.[/QUOTE]
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Well, did I overpay? 3-Cent Silver
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