First Page
Posted 07/23/2017 10:21 am
I happen to be one of the folks that commems was referring to who is pursuing the classic silver commemorative 50 coin type set in honestly circulated state. If interested .... you can read the history of my nearly 10 year journey pursuing these coins in a long running thread in this sub-forum.
commems offered solid advise which I will enhance just a bit from my experience with market availability of these coins:
Consider my model that the classic silver commemorative series can be thought of as having three distinct 'eras' .... each with a specific market availability when considering only circulated examples.
The 'Pre-Depression' era contributed 20 coins to the type set. All of the coins on the first page of your Dansco are from this era. While not all are common in circulated state, all of these silver commemorative are market available with the exception of the 1928 Hawaiian. By 'market available' I mean that a dedicated collector who is actively searching should come across honestly circulated examples within say a few years. You likely would not miss out a lot long term by pursuing your 'next targeted coin' strategy for coins within this specific era.
That is not the case at all for the 'Commemorative Craze' era of circulated coins. This era contributed 27 coins to the type set and is represented by the peak of the classic silver commemorative issuance years of 1934 through 1938.
With only five exceptions (Texas, Maryland, San Diego, Oregon Trail and Long Island) The 'Commemorative Craze' era coins are NOT market available in circulated condition and certain examples show up very rarely. This is the point commems made well ... you will likely never get far with this collection if you pass on one of these because it is not next on your list. Those of us pursuing the set take them as they come because it's been proven that the next example might take 5 to 10 years to appear in the market.
The final era is the "Post Craze' era and contributed 3 coins to the type set .... Iowa, BTW and W-C. These can be though of the same as the 'Pre-Depression' era coins relative to be generally market available in circulated condition.
I note from above that you have found your Panama Pacific ... good for you. I wish you the best on your journey with these and look forward to some photos someday.
commems offered solid advise which I will enhance just a bit from my experience with market availability of these coins:
Consider my model that the classic silver commemorative series can be thought of as having three distinct 'eras' .... each with a specific market availability when considering only circulated examples.
The 'Pre-Depression' era contributed 20 coins to the type set. All of the coins on the first page of your Dansco are from this era. While not all are common in circulated state, all of these silver commemorative are market available with the exception of the 1928 Hawaiian. By 'market available' I mean that a dedicated collector who is actively searching should come across honestly circulated examples within say a few years. You likely would not miss out a lot long term by pursuing your 'next targeted coin' strategy for coins within this specific era.
That is not the case at all for the 'Commemorative Craze' era of circulated coins. This era contributed 27 coins to the type set and is represented by the peak of the classic silver commemorative issuance years of 1934 through 1938.
With only five exceptions (Texas, Maryland, San Diego, Oregon Trail and Long Island) The 'Commemorative Craze' era coins are NOT market available in circulated condition and certain examples show up very rarely. This is the point commems made well ... you will likely never get far with this collection if you pass on one of these because it is not next on your list. Those of us pursuing the set take them as they come because it's been proven that the next example might take 5 to 10 years to appear in the market.
The final era is the "Post Craze' era and contributed 3 coins to the type set .... Iowa, BTW and W-C. These can be though of the same as the 'Pre-Depression' era coins relative to be generally market available in circulated condition.
I note from above that you have found your Panama Pacific ... good for you. I wish you the best on your journey with these and look forward to some photos someday.
Take a look at my other hobby ... http://www.jk-dk.art
and we look forward to hearing about your progress.
over this one!
