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Replies: 26 / Views: 2,816 |
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Valued Member
United States
374 Posts |
I recently finished a Liberty nickel set, and I have to say it was pretty satisfying! I collected them as a child with really no hope of getting them all. Now that I have a job and money, one day I realized that I could probably get them all. And I did. And it is nice.
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Pillar of the Community
United States
4692 Posts |
I see no reason to rush on this set, as valuation is unlikely to change anytime soon. Keep an eye out for the 1885,1886, and 1912-S and be ready to buy if they come up at the right price. Do NOT get suckered into a gold plated 1883 gold plated coin. Good luck.
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Pillar of the Community
United States
1279 Posts |
Don't try to sell the VF ones that you have. You probably won't come close to getting the money you put into them
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Pillar of the Community
United States
8517 Posts |
If you have lots of family you can drop hints what you want for birthdays, Xmas, graduation and such.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
United States
72 Posts |
Lots of good advice here! When I read your later post, I observed some conflicted feelings regarding whether to strive to complete the series or to shift to owning only a few in higher condition. Obviously, only you can determine what makes you happy, but if you go the latter route and buy a few nicer pieces, these can be the foundation for a later pursuit of the series as you gain discretionary income. Meanwhile, you can then shift gears toward your type set. That's my nickel's worth of advice for you!
P.S. Man, I wish these coin forums were available when I was a young coin collector!
Edited by Catbert 08/04/2014 12:22 pm
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Pillar of the Community
United States
1536 Posts |
I agree, I have sold VF 1883 no cents and they went for a low price. Even lower was a low grade 1888 that went for the starting bid of 99 cents. The racketeer nickel is a novelty really and it can be difficult sometimes to determine if it was not something actually passed on as a gold piece or done after the fact. I have all but the keys myself and swapping out when I can for better coins. It is a very doable set and collect them because you like the coin and not because of the valuation.
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Pillar of the Community
United States
4418 Posts |
The original Racketeer Nickels will have a reeded edge. Also, they'll tend to evidence very little wear and much of the gold plating will remain. The modern ones, plated mostly in the 1960-70's, do make interesting conversation pieces though. Original ones are quite scarce. Either way, one of these will add a little spice to the set.
Edited by ExoGuy 08/04/2014 5:00 pm
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Valued Member
 United States
83 Posts |
Thanks for all the opinions! I think I will keep going with the circulated set and eventually buy just one uncirculated coin for my type set. How would you go about purchasing the pricier coins?
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Pillar of the Community
United States
4418 Posts |
My humble suggestion for a buying strategy: Make a list of types you're seeking, lowest to highest value. Decide on your affordable grade range for each type. Meanwhile, watch some similar coins on ebay and record what price each realizes. Save your money and find an area show that's a month or two coming. More shows tend to appear, following the summer months. You can then comparison shop.
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Valued Member
 United States
83 Posts |
I should've been more specific.....I meant strategy for the nickels. Thanks for the type set advice though exoguy!
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Pillar of the Community
United States
4418 Posts |
Strategy works for the nickels, too. Just figure which ones you can best afford, so as to narrow the field. I'd focus on the 1800's years. You could make a chart of the years/grades. Record the PR, Prices Realized, from ebay on the ones you seek. I'll bet that the show prices will beat those.
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Replies: 26 / Views: 2,816 |