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Help Me Decide My New Collecting Direction

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 2,886Next Topic Page 2 of 2
Pillar of the Community
United States
6370 Posts
 Posted 08/23/2014  08:46 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I would go for either the 11-D or the 1908 MS-66 star. As g048406 said, you can buy much rarer $3 gold for not much more. I would wait for a rarer example. The 1911-D is inhibiting your quarter eagle set and the MS-66 saint is just plain beautiful.
Rest in Peace
United States
4849 Posts
 Posted 08/23/2014  12:36 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list

Quote:
If you're going to pursue $3 Gold, I would advise you to avoid 1854, 1874 and 1878 common dates. The very rare low mintage $3 gold's can usually be obtained for not much more than those common dates. ie you can obtain an 1879 $3 Gold (3,000 minted) for about the same price as a common date 1878 $3 gold (82,300 minted). JMO


That is true if you are looking at AU grades. But I'm looking at MS63 grades, and it is a much bigger difference there. Even the 1854 passes up the 1878 quite a bit in that grade range.
Rest in Peace
United States
4849 Posts
 Posted 08/23/2014  12:36 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
thanks all. I am really tempted with the 1908 star, as it ends in a few hours....hmmm.
Valued Member
United States
450 Posts
 Posted 08/23/2014  3:44 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list
John,
You have to do what you think best, as you will live with your choice.
Valued Member
United States
72 Posts
 Posted 08/23/2014  4:30 pm  Show Profile   Bookmark this reply Add Catbert to your friends list
If it were me, I'd buy the coin that makes my heart race and minimize the importance of rarity, stars, stickers, grade level or what other people collect in my decision making.

I'd also prefer to see the coin in person to truly know if it makes my heart race....
Edited by Catbert
08/23/2014 4:32 pm
Pillar of the Community
United States
1599 Posts
 Posted 08/23/2014  5:04 pm  Show Profile   Bookmark this reply Add jprine to your friends list
First of all, if I had a few thousand to spend on my collection, here is what I would be doing . Out of the choices given, I would take the 66 Saint. The $3 looks pretty amazing also. Let us know what you do!
Rest in Peace
United States
4849 Posts
 Posted 08/23/2014  5:47 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
Thanks guys. I think I'm gonna make a run at the 66 star. I already own a raw 1908(62 or so), so I could sell that one. The princess is tempting too..... But I think a star NGC set would be fun.... And quite challenging
Rest in Peace
United States
4849 Posts
 Posted 08/24/2014  12:34 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list
66 star for the win!! woohoo! I have learned that color and luster the most important qualities to me in a coin.
Pillar of the Community
United States
1002 Posts
 Posted 08/24/2014  01:12 am  Show Profile   Bookmark this reply Add Night-Hawk to your friends list
That Saint was a good choice, nice creamy example.
Valued Member
United States
72 Posts
 Posted 08/24/2014  12:15 pm  Show Profile   Bookmark this reply Add Catbert to your friends list
Congrats! I'd love to see better pictures and hope you'll post them here.
Valued Member
United States
450 Posts
 Posted 08/24/2014  1:27 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list
John, it's a sweet coin and knowing you, one you will be happy with.
You seem to really love high grade gold, and that's probably where you should focus your future efforts.
Pillar of the Community
United States
1132 Posts
 Posted 08/24/2014  2:22 pm  Show Profile   Bookmark this reply Add CopperCastle to your friends list
Personally, If I had that much money laying around I would dump it into silver bars (or eagles/maples) while the spot price is so low. It's been hovering above $19 the past week, and I wouldn't be surprised if it goes below soon. You would be well set for the rebound & could cash out at foreseeably a 50%-75% profit in the next couple years... possibly sooner.


Current spot price:
Silver Bullion: $19.26
Silver Eagle: $21.35
Silver Maple: $20.84

Again, this is a personal investment opportunity preference, and I'm not professionally qualified to offer investment advice.
Bedrock of the Community
United States
20753 Posts
 Posted 08/24/2014  3:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I'd simply suggest you sell off everything in coins and anything else you have. Get rid of everything. Sell it off on ebay or Craigs list. Then sell off you house or wherever you live, your car, then your cloths.
Now take all the proceeds and invest in only one item, such as Beanie Babies or some similar item. What ever coins you can not sell, send to me, you pay postage of course.
Asking others to decide what you like or want to save or collect is just not smart. Everyone has different taste. And that is why some coins are still available. Otherwise there would be hardly anything for the rest of us.
Pillar of the Community
United States
1132 Posts
 Posted 08/24/2014  3:31 pm  Show Profile   Bookmark this reply Add CopperCastle to your friends list
However it looks like you've already picked up a nice NGC star. Beautiful!
Rest in Peace
United States
4849 Posts
 Posted 08/24/2014  10:37 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
just carl- If I had the money, I would go for all of these coins, as they are all ones I'm interested in. I'm not asking someone to tell me what to collect, as I know my collecting interests. Its not that I am a newbie trying to decide what I like...but sometimes there are multiple attractive choices, and it helps to get ideas of what others would go for given a limited list of options. I'm the type of collector that has multiple paths of interest, but once I start down a certain path, I hit it hard and stay with it until I am done....and then may make occasional upgrades down the road.
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