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Would you buy a coin with this damage for a type set?
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<p>[QUOTE="Publius2, post: 7932667, member: 105571"]The OP's original request was for our thoughts on the 1796 dollar for a type set and the CT members have provided well-founded opinions for him.</p><p><br /></p><p>Now, most people putting together a type set do not seek out key dates or rare die marriages because those coins can cost much more money than a nice example of a more common variety that is perfectly suitable for a type set.</p><p><br /></p><p>The OP's coin, as I mentioned in my first response in this thread, is a very common die variety and thus decent examples are readily available in slabbed, non-details condition in pretty much whatever grade you desire and budget can afford. Even relatively decent examples can be found in details slabs where an old cleaning or some other relatively minor problem is not very distracting. I have seen many of these in Heritage and other auctions. The OP's coin, however, is severely damaged and that damage is hugely distracting. In addition, the coin is way over-priced. And finally, it is raw which is a huge risk if you are not a subject matter expert.</p><p><br /></p><p>I am reminded of my first encounter with [USER=101855]@johnmilton[/USER] and [USER=24314]@Insider[/USER] at my first FUN show about three years ago when I was first starting out on my numismatic journey. I was ignorant, enthusiastic and with more money than sense, just to set the scene for you. I had found a couple of early large cents, raw, at a dealer's table and they were each problem coins but not too awful. I really didn't have the knowledge to determine if they were something I should consider buying. Dealer let me take the coins to ask around about which was unusual and should have been a warning to me right then, but it wasn't. I showed them to [USER=24314]@Insider[/USER] at the ICG table and of course he asked what I wanted from him after he looked at them and said he thought they were genuine. I asked if he thought I should buy them and of course he would not and could not answer such a dumb and inappropriate question. But he did point me to a gentleman across the bourse and I went up and introduced myself to [USER=101855]@johnmilton[/USER] and asked about the coins. He was kind enough to patiently explain why I shouldn't buy them and then proceeded to show me some stunning examples of his collection on his iPad. I am eternally grateful for the kind reception he gave me and I took his advice and returned the coins to the dealer. Dealer was not happy! So, when asking for advice here and elsewhere, the questioner should seriously consider all replies and make their own judgement but when the bulk of answers contradict what your fickle heart tells you to do, you should not listen to your heart.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 7932667, member: 105571"]The OP's original request was for our thoughts on the 1796 dollar for a type set and the CT members have provided well-founded opinions for him. Now, most people putting together a type set do not seek out key dates or rare die marriages because those coins can cost much more money than a nice example of a more common variety that is perfectly suitable for a type set. The OP's coin, as I mentioned in my first response in this thread, is a very common die variety and thus decent examples are readily available in slabbed, non-details condition in pretty much whatever grade you desire and budget can afford. Even relatively decent examples can be found in details slabs where an old cleaning or some other relatively minor problem is not very distracting. I have seen many of these in Heritage and other auctions. The OP's coin, however, is severely damaged and that damage is hugely distracting. In addition, the coin is way over-priced. And finally, it is raw which is a huge risk if you are not a subject matter expert. I am reminded of my first encounter with [USER=101855]@johnmilton[/USER] and [USER=24314]@Insider[/USER] at my first FUN show about three years ago when I was first starting out on my numismatic journey. I was ignorant, enthusiastic and with more money than sense, just to set the scene for you. I had found a couple of early large cents, raw, at a dealer's table and they were each problem coins but not too awful. I really didn't have the knowledge to determine if they were something I should consider buying. Dealer let me take the coins to ask around about which was unusual and should have been a warning to me right then, but it wasn't. I showed them to [USER=24314]@Insider[/USER] at the ICG table and of course he asked what I wanted from him after he looked at them and said he thought they were genuine. I asked if he thought I should buy them and of course he would not and could not answer such a dumb and inappropriate question. But he did point me to a gentleman across the bourse and I went up and introduced myself to [USER=101855]@johnmilton[/USER] and asked about the coins. He was kind enough to patiently explain why I shouldn't buy them and then proceeded to show me some stunning examples of his collection on his iPad. I am eternally grateful for the kind reception he gave me and I took his advice and returned the coins to the dealer. Dealer was not happy! So, when asking for advice here and elsewhere, the questioner should seriously consider all replies and make their own judgement but when the bulk of answers contradict what your fickle heart tells you to do, you should not listen to your heart.[/QUOTE]
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Would you buy a coin with this damage for a type set?
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