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 Replies: 20 / Views: 3,159 |
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Valued Member
South Africa
331 Posts |
Nope I won't, rather buy bullion or use the money on the family
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Moderator
 United States
56855 Posts |
In a word YES,in a heartbeat- on the 1913 anyways. John1  Edited by John1
07/01/2017 05:23 am
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Bedrock of the Community
United States
20753 Posts |
For that much money, I'd rather buy a great condition Mercury dime. Like a 1915 or a 1946 Merc.  |
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Rest in Peace
United States
18456 Posts |
Quote:For that much money, I'd rather buy a great condition Mercury dime. Like a 1915 or a 1946 Merc. There always has to be a clown in every crowd .  |
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Pillar of the Community
United States
1499 Posts |
When it comes to the 1913 Liberty nickel, I would never buy that coin at any price unless I knew I could resell it very quickly for more money. I have no respect for that piece which was made illegally. If I had had one, I'd sell it and use the money to buy some "real coins." As for buying low grade coins, I almost always avoid them. My attitude is if I can't afford a decent example of something, I would rather not own it. By "decent" I mean at the lowest a Choice VG. The lowest grade coin in my type is a 1796 half dollar in Fine-15. I wish it was a VF, but that's what was available at the time I purchased it. |
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Bedrock of the Community
United States
10284 Posts |
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Pillar of the Community
United States
634 Posts |
Haha, I have MORE respect for illegally made/ illegally saved coins, ie 1933 $20. Then again I am Illegaltender!
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Bedrock of the Community
United States
12477 Posts |
@NickelGuy You ruined all the fun trying to find the clown!  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Pillar of the Community
1153 Posts |
if it costs me less than what it resells for then sure
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Bedrock of the Community
United States
17884 Posts |
Definitely. For some of the coins I need $5K will only get you a Fr-2 or AG-3. My 1795 NC-3 large cent is a Fr-2 and is tied for the third finest known. You want to wait for a better one? There are only 8 of them and finest known is a G-4.
Until this past (expensive) weekend I've been kind of looking for a really cruddy low grade even damaged 1793 S-1. All I cared is that it be attributable. I was figuring it would be in the $2500 - $3000 range. (That idea is shelved for right now, Dealer made me an offer it couldn't refuse Saturday and I'm going to be paying it off for awhile.)
Edited by Conder101
07/03/2017 3:44 pm
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Valued Member
United States
321 Posts |
Yes, the 1913 Liberty Head nickels were illegally made, but not illegal to own. They were simply distributed by a mint employee to Colonel Green, who then sold them to 5 collectors (correct me if I'm wrong). It's not like the 1933 $20 where the coins were struck after gold was recalled, and thus illegal to own.
Besides, it happened such a long time ago. Can't we just get over it?
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Pillar of the Community
United States
1963 Posts |
Well, for $5000, I'd get a nice 1889 CC or 1893 S Dollar.
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New Member
United States
25 Posts |
Yes but I dont have 5,000 I would if more rarer
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Pillar of the Community
United States
2214 Posts |
As TheNickelGuy pointed out, only five 1913 nickels are known. A 1913 Liberty nickel was sold in 2013 for $3.1 million. I'm sure there are plenty of millionaires out there who wouldn't mind dumping at least half that on a newly discovered, well-known American rarity, no matter what condition it's in. So, yeah, I think I could see my way clear to scrape together $5K with the promise of making $1,495,000 on the deal. Edited by jpsned
07/09/2017 9:26 pm
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Valued Member
United States
127 Posts |
A very rare coin is worth buying in ANY condition, if affordable. Then again, 98% of all collectors will ignore ugly very rare coins, and purchase bright and shiny "common" coins. They will soon learn the economics of numismatics
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Replies: 20 / Views: 3,159 |
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First Page
Posted 07/01/2017 05:22 am
