Your Opinion, 1797 Half

Our first house was a nice two story on a double corner lot. $12,000 with payments of $75 month. I still look at that as a large amount of money.

 

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No, and that's why that type was a hole in my type set for many years. I passed on one with a hole it @ $9,000 that had more detail than that piece has.

It is harder to find the 1797 nice than then 1796 from what I have heard. Since I only want the type, either date would work for me. Here is the piece in my type set, which I bought nine and a half years ago. It is graded Fine - 15. This is the lowest grade coin in my U.S. type set. I tried to get a VF, but it just was not available at the time.

 

Gets my vote.

 

No way would I spend that kind of money on that coin. That's a hole in my type set but I would rather spend that amount of money on something else, or many somethings else, than on a P-001 coin.

 

I hear you loud and clear. I spent more money on my wife’s car last year than I spent on my first home. That made me a little queasy.

 

I simply do not know why people pay these prices for new cars nowadays. I can probably afford it more than many others, but I felt horrible paying $25k for my car used with 80k miles on it. I have had it for 6 years now, but still do not think it was worth what I had to pay for it. Others earning half of what I do or less glibly walk into car dealerships and pay $70k for new examples of the same car, signing up for 8 year car loans or worst, three year leases then converted into 7 year used car loans. Paying nearly $1000 a month for a decade for a car...

 

You should buy her one that doesn't need so much maintenance.

 

It's been my experience that cars do last longer now with proper maintenance. In the old days a car with 100,000 miles, and it was toast. Now they can go double that.

The new features are a big seller too for mean. In addition to features like navigation systems, surround cameras and blind spot indicators are huge for an older driver like me. People say, "They don't make them like they used to." They are right; the new cars are better.

 

my mother's car has 250,000 miles on it 12 years old and still drives like a champ.

 

I would not spend that much money on a coin with such limited eye appeal. TC

 

The only people that ever get free money are the ones that have a lot of it and Loan it out with interest.

 

But, back in the 50's you had to do rings and valves every 15,000 miles or so. Pack the wheel bearings. Brake jobs routinely. It took a lot more work to get 100,000 miles out of a car.

 

No Sir Randy!

 

I would pass I can't see any detail what so ever. At PO1 it will likely carry a premium over AG/G grades examples

 

I agree sir. I know I am lucky to like in a time in which I can buy Japanese cars and know I will get 250,000 miles out of them with not much in the way of repair expense. It still does not mean than paying for a depreciating asset over 8 or tens years makes any sense. Someone buying a new pickup might pay $70,000, and over the course of the time pay $100,000 including interest. When car loans stretch to decade long commitments, when people have to refinance the money they still owe from their old car into their new car, it simply appears people are massively living outside their means.

 

Not at all!

 

My father’s 1957 Nash Ambassador Super made it to 120,000 miles. I don’t remember him doing all of maintenance that @Inspector43 mentioned. The car’s downfall was the automatic transmission. The trouble was the shifter was not well defined between two speed and three speed. I could remember my mother driving it in second at 50 MPH with the engine roaring.

The 325 cubic inch V-8 was fast and smooth. I remember the men who worked for my father talking about “filling the speedometer.”

 

However, a handy person could do most of the work in the backyard or garage. I could change a head gasket on a flathead Ford under a streetlight in very little time.

 

We were expected to know how to service our cars. I had an old Dodge when I was in the Army that I took to the drag strip on Sundays. One race I sucked a valve. You can’t just call in for a sick day in the Army so I had to rebuild the top end of that engine with duct tape and bailing wire well into the wee hours to make it to muster on Monday morning!

 

Wow, that makes my Fair 2, Damaged 1916 SLQ look great by comparison, and $13,500?!?!?!?! I've still got kids in college, sigh.