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 Replies: 21 / Views: 4,851 |
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Pillar of the Community
United States
7390 Posts |
By doing it in bulk on PM futures speculation. The more you buy the less of an upswing in spot for a profit although it also exposes you to greater risk  Edited by Cascade
04/18/2015 10:20 pm
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Pillar of the Community
United States
1192 Posts |
I would buy a cull coin for my collection if that date/mm would be cost prohibited otherwise. Like a normal good coin that would go for $30 and I can find a cull at melt or $1. If it's just a coin worth under $10 in XF I would had zero interest in a cull.
Edited by Bertensgrad
04/18/2015 10:27 pm
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Pillar of the Community
United States
1788 Posts |
If it is cleaned or damaged no. I don't really like culls though anyway.
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Pillar of the Community
United States
1192 Posts |
I bought two Shield nickels with arrows and without arrows combined for $1 that were dateless for my 7070. Edited by Bertensgrad
04/18/2015 10:41 pm
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Pillar of the Community
United States
9792 Posts |
There are quite a few EAC culls that I might be able to afford. Culls only (if the attribution checks out and is viewable), too many really out of reach coins in my bucket list! Occassionaly I will buy a cull early classic coin if there are interesting features like Cuds still visible on them. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
4932 Posts |
My buddy goes through and picks up problem coins and flips them. He's bought some holed indians from the 1860's with strong detail and in like AU for $20-30 and resold them for $100-300.
Gotta be there at the right time.
Here's a tip he told me: If the price is right, and the damage is away from the date area and isn't too too bad, then buy it. Usually when there's a hole by or on the date, people go away from it. If it's at about 12 o'clock people will go for it.
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Pillar of the Community
 United States
1536 Posts |
I should have checked out this coin since the rims were weird. Got it in a lot cheap. http://www.ebay.com/itm/1853-Braide...p=true&rt=ncCulls are fun, I just get tired of the no date stuff them but not all are culls. I got a 1917 G walker for a couple bucks. Maybe nothing if I calculate what I sold the other coins. I sell cheap coins because I don't trust the post office with coins worth a certain amount. The holed cents are interesting because they may have been around the neck of a civil soldier like this holed 1959 cent I am thinking of wearing. |
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Pillar of the Community
United States
2815 Posts |
I like buying cull Morgans as long as the date is present.
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Bedrock of the Community
Australia
21788 Posts |
Depends what sort of 'culls'.
If you can get them on the cheap,
for example,
if you can buy an MS63 from the guy who has replaced it with an MS65, and who NEEDS the proceeds from the MS63 to buy the MS65 with.
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Pillar of the Community
United States
1536 Posts |
True, depends on the "cull" and what is in the lot. Some may classify a coin as "cull" just because it is low grade but will it included it with stuff that is bent up and no date. It depends on how cheap you get them too, since the really crappy won't sell and you get stuck with it.
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Pillar of the Community
United States
1704 Posts |
The copper and nickel culls I get are spent for face value since that is what I paid for them. The silver culls are sold by actual weight to anyone buying 90% silver. Culls just are not worth my time to do anything else with. Rare dates I will pay half of a problem free coin in G-4 regardless of what the coin looks like and take the highest offer. The buyer is happy and I sold a coin I would rather not have.
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Pillar of the Community
United States
4932 Posts |
Even though I don't consider this a cull, I picked up a nice 1853 3 cent silver from my LCS today for $7.00. It has really light corrosion on the reverse, and verdi-care would easily take that off and make it an easy $40 coin.
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Pillar of the Community
979 Posts |
i buy culls for my personal collection and not to flip.
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Pillar of the Community
United States
593 Posts |
I have 1904 Teddy Roosevelt copper election medal, with Vice Pres on reverse, dollar size, a Remember the Maine token and 1888 V nickel all with holes above date, a 2 1/2 gold peso in a ring I bought in Aculpulco in 1976 tails is almost smooth and heads AU. All have memories except 1888. |
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Pillar of the Community
United States
1536 Posts |
I was watching another cull lot I was going to bid on but forgot. It had a 1809 Half Cent that needed Verdi-care, A couple holed 3 cent silver, and others. |
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Replies: 21 / Views: 4,851 |
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First Page
Posted 04/18/2015 10:20 pm
