Message:

<p>[QUOTE=&quot;GDJMSP, post: 14637, member: 112&quot;]I shouldn&#039;t get started on this &#039;63 PF70 DCAM cent thing - but I will anyway. In the first place - the coin never deserved the grade it received. It was a mistake. And it was a mistake that PCGS paid dearly for when the owner put the coin up for auction. Then of course PCGS made some lame excuse about the coin turning in the holder and they bought it back to downgrade it. Yeah right !!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /> See I told ya I shouldn&#039;t get started.</p><p><br /></p><p>Anyway - back to the subject at hand. joecoin made a good point - there are many coins out there that are more rare, have lower mintages and yet are real bargains price wise. I&#039;ve talked about this many times. But what it all boils down to is what YOU like to collect. </p><p><br /></p><p>If you choose to collect coins that everybody else wants - get ready to pay up cause they&#039;re gonna cost ya. Supply and demand is the rule. But find yourself a niche - something that not everybody else wants and yet it still rings your bell - now you&#039;ve done something&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />&nbsp; This is why I after 40 some years I gave up on collecting US coinage and switched to world coinage only. And I&#039;ve never been happier&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />&nbsp; But that&#039;s me - it may not work for you.</p><p><br /></p><p>But to provide you with a few examples - I own a particular gold pattern coin struck in France in 1978 - it has a total mintage of 132 pieces. That coin cost me less than $200. Go find a US coin like that&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>I have another gold coin - about the same size as a US quarter eagle. This coin was struck in 1849 and is graded as MS64 PL. It had a mintage of 18,000. Go check the prices of US gold coins from that time period and in a comparable grade and see what they cost. Know what you&#039;ll find - they run from about $8,000 and up. Know what I paid for my coin - about $300.</p><p><br /></p><p>And if you really want the ultimate example - go take a look at my recent post in the World Coin Forum. That coin is the find of a lifetime - the finest example in existance. It was centuries old before the US was even thought of. But if you could find a US coin that was comparable in rarity and grade - it would cost in the hundreds of thousands. Well I promise you - I couldn&#039;t afford such things. I could barely afford this and it was less than a fraction of what the US coin would cost.</p><p><br /></p><p>Get the idea yet ?&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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