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You ever buy a problem coin just because it's what you could afford?
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<p>[QUOTE="Jaelus, post: 2869629, member: 46237"]I've definitely bought problem coins with the intention of upgrading later if I found a better example, when the problem coin was the only example I could find of a specific type, date, or die state.</p><p><br /></p><p>When I was looking for a draped bust quarter for type, I came across an 1805 example in an NGC VG Details Damaged slab. The obverse was a nice problem-free Choice VG. The reverse had an area of damage that went across the coin but it looked like "honest" damage with VG to F details in the other areas. The coin didn't look like it had been deliberately messed with or cleaned, and overall it had an original and attractive look.</p><p><br /></p><p>Price-wise, the seller was asking significantly less than I would have expected to pay for even a problem-free AG3. I consider an AG level of wear on that type to be a significantly greater problem than some honest damage on a Choice VG original coin, especially considering the age and scarcity, so it was an easy decision for me. I have never regretted it and have enjoyed the coin since.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2869629, member: 46237"]I've definitely bought problem coins with the intention of upgrading later if I found a better example, when the problem coin was the only example I could find of a specific type, date, or die state. When I was looking for a draped bust quarter for type, I came across an 1805 example in an NGC VG Details Damaged slab. The obverse was a nice problem-free Choice VG. The reverse had an area of damage that went across the coin but it looked like "honest" damage with VG to F details in the other areas. The coin didn't look like it had been deliberately messed with or cleaned, and overall it had an original and attractive look. Price-wise, the seller was asking significantly less than I would have expected to pay for even a problem-free AG3. I consider an AG level of wear on that type to be a significantly greater problem than some honest damage on a Choice VG original coin, especially considering the age and scarcity, so it was an easy decision for me. I have never regretted it and have enjoyed the coin since.[/QUOTE]
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You ever buy a problem coin just because it's what you could afford?
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