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Replies: 86 / Views: 9,827 |
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New Member
 United States
26 Posts |
Quote: "As some have said "investing" in coins is risky, but it can be done...usually by dumb luck." Thanks but I doubt anyone comes by dumb luck by buying from places like Danbury or PCS, they only cherry pick the best for themselves I am sure. I always figured buying bars was the better investment vs. coins, your post and many others have only confirmed this if one truly wants to invest for investing in silver purposes.
Edited by Tobit 12/23/2014 01:05 am
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Pillar of the Community
1325 Posts |
Tell him to buy bullion from the US Mint (recent gold Kennedy half, the baseball medal, silver eagles http://catalog.usmint.gov/product-e...eagle-coins/, etc), not coins from someone else. Not only will it be an investment in the future, but the money will be spent to further the future economy of this country you wil ahve to live in. Also try going to the bank with him to get a box of half dollars, or try to order a bag of large dollars from a bank and search for Morgan/Peace Dollars at face value, or silver half dollars. Roll Hunting is addicting, and you can spend the ones you don't plan to keep. Not to mention you can find places still that will pay $1.50 per Ike dollar, and when you get them for $1 each in a bag of $1000, you ahve made a profit of $500 right there! (just spread them around so new people can get them that may have never seen them) GOOD LUCK!
Edited by shadz 12/23/2014 03:56 am
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New Member
 United States
26 Posts |
I just finished sorting this 25 piece Morgan set he just got in preparation to take the the coin shop today. There seem to be one extra coin in here as I count 26 coins. The extra is one of the Philly coins.
1921-D
1882-CC 1883-CC 1884-CC
1883-O 1884-O 1885-O 1899-O 1900-O 1901-O 1904-O
1878-S 1879-S 1880-S 1881-S 1882-S
1879-P 1885-P 1886-P 1887-P 1888-P 1889-P 1890-P 1897-P 1898-P 1900-P
Edited by Tobit 12/23/2014 09:42 am
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Pillar of the Community
United States
1388 Posts |
That's quite an assortment. What kind of shape are they in, and can we see some pics?
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Moderator
 United States
188643 Posts |
Quote: I can't quote yet so please excuse the format: Wish I caught this earlier... How to QuoteIf you are using the Quick Reply box... 1. Type [quote]
2. Paste the text you want to quote
3. Then type [/quote] If you are using the Reply to Topic link... 1. Paste the text you want to quote 2. Highlight it 3. Then press the 'Insert Quote' button:  So this... [qu ote]Quoted Text[/qu ote] Looks like this... Quote: Quoted Text
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Moderator
 United States
23522 Posts |
Those are, each and every one, the most common issues with those mint marks. Excepting the CC's, whose value is $200-ish each in average Mint State, there isn't a coin on that list I'd give you $100 for in MS64.
They have to see this thread. Centuries of cumulative numismatic experience is speaking here; there's at least one poster in here who is your father's age and has been collecting his whole life.
Your Dad's stated purpose is to help you. He is hurting you terribly with this. He's not giving you what he thinks he is.
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New Member
 United States
26 Posts |
Quote: What kind of shape are they in, and can we see some pics? I'm hopefully going to be able to take some pics this afternoon after the appraisal. I am currently reading the photography section to best learn how to best do it with the cameras I have access to. The 1883-CC is of most interest to me as it has some discoloration on the face edge that I am not sure how to describe. Quote: How to Quote Thanks Jbuck, I've been using forums since they've been around, and even run my own, it should have been that obvious to me. I'm just used to seeing a quote button on other forums, never used a forum with this software.
Edited by Tobit 12/23/2014 09:59 am
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Moderator
 United States
188643 Posts |
No problem. It is different, by design, to prevent abuse. 
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Pillar of the Community
Canada
2781 Posts |
get all mail held at the post office. record what comes in and then return to sender. good luck.
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Moderator
 United States
23522 Posts |
With the 1883-CC you're probably seeing normal toning, which is actually capable of increasing the value if it's nice. There are some who specialize in toned coins, and will pay a premium for them.
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Valued Member
United States
220 Posts |
I have been looking at the Danbury Mint website. Very interesting how they package the collections. They sure do make them look appealing. What I noticed was, these sets are paid for one coin at a time, with the presentation display case sent with the second or third coin (so enough has been paid to cover the cost). That may explain why you see so many displays with two or three coins in them. I wonder how many collections are currently active, with more coins ready to arrive.
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New Member
 United States
26 Posts |
Well, I am back from the coin store. The owner wasn't there for a proper, formal, appraisal but the woman at the counter wasn't too impressed and, to her, most of them appeared to have been polished as they were too shiny in her opinion to be worth much.
It was just as I expected. However, I will try to take some photos soon, especially of the CC's, but not sure what to do for lighting just yet.
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Pillar of the Community
United States
1388 Posts |
Quote: most of them appeared to have been polished Was afraid of this.
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Moderator
 United States
23522 Posts |
Quote: However, I will try to take some photos soon, especially of the CC's, but not sure what to do for lighting just yet. Just shoot. We'll help you correct on the fly. 
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New Member
 United States
26 Posts |
Quote: Just shoot. We'll help you correct on the fly. Family has been in and out all day with tomorrow being the crazy family day. Christmas day will be my downtime. I just posted here re: lighting: https://goccf.com/t/193231#1790783
Edited by Tobit 12/23/2014 4:25 pm
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Replies: 86 / Views: 9,827 |