| Author |
 Replies: 56 / Views: 5,053 |
|
|
|
Pillar of the Community
United States
2734 Posts |
Quote:
"Of course they wouldn't be key dates any more after you got back." If you had a large quantity of any 'key date', you'd have to sell them off gradually. This may not even be a 'time travel' issue: Suppose your great-grandfather had hoarded 20 BU rolls of 1916-D Mercury dimes and you inherited a cashbox containing said dimes! What would you do with them?!  You really wouldn't want to sell them as a single lot on ebay, thus informing the whole world that there are one thousand more BU 1916-D Merc's than previously thought to exist....  ME: Send one $5 roll to PCGS to be slabbed. Then, sell one intact BU roll on ebay (this in itself would be a showstopper auction!  ). Post pictures of two matching BU rolls and explain that you sent one roll to PCGS to be slabbed (with pictures of the 50 slabbed dimes, too!), but you decided to offer the other BU roll 'raw and intact' to auction on ebay.  Use the proceeds from the BU roll auction to travel and sell the rest of your 1916-D Merc's one or two at a time at coin shows... Edited by DNA
10/29/2008 02:00 am
|
|
Bedrock of the Community
United States
17884 Posts |
The difference between your 16-D scenario and the earlier 1857 Half Cent and large cent one is that Half Cent and large cent had much lower mintages than the 16-D and he brought back a much larger percentage of the mintage. Think of it as Granny left you not 1000 MS 16-D dimes, but more like 20 to 30 thousand of them. Sureyou can d what you suggested, but eventually there would be so many MS pieces in the market, and the pops would be going through the roof, that the price would collapse. On the other hand maybe not Look at the 1884-CC dollar, 75% of the entire mintage was in the GSA hoard and almost all of them were MS. But then there was the 1903-O dollar. |
|
Bedrock of the Community
United States
14454 Posts |
the one coin (that is included in the dansco7070 album anyway) that is hard to find in problem free condition is the Classic Head Large Cent so I would probably travel back to anywhere between 1808-1814 (not looking for key dates here) and get as many of these as I could find
|
|
Pillar of the Community
United States
2734 Posts |
Quote:
Think of it as Granny left you not 1000 MS 16-D dimes, but more like 20 to 30 thousand of them. Sure, you can do what you suggested, but eventually there would be so many MS pieces in the market, and the pops would be going through the roof, that the price would collapse. Indeed! There are limits to the amount of any one type of coin that you can add to the 'graded population' before it goes crash and boom. See, I was thinking that you could likely add one thousand MS 1916-D's to the population without crashing their value, if you did it gradually over years. Sell the remainder of the MS 16-D's 'raw', one at a time, so they wouldn't show up in the graded population unless/until the buyer sent it in for grading. Maybe I'd sell some Dansco Mercury dime albums with a BU 1916-D stuck in them!  Yeah, 26,400 MS 16-D's (10% of the 1916-D mintage) would be too much to add to the market! Just like wheezydog's 13,000 1857 large coppers..... Plan B: wheezydog could simply get 200 each of his 1857 large coppers (200 half-cents for $1, 200 cents for $2) then bring back $97 in random circulated pocket change from 1857 with them! The pocket change would likely grade from Good to Very Fine+, (so it wouldn't affect MS populations!) and since it would be all 1857 or earlier, they'd all be desirable pieces even in G to VF. Who knows, you might even get one of those 1856 Flying Eagle cent Proofs in slightly circulated condition, because many of those were put into circulation inadvertently at that time! Even $100 in random pocket change pulled directly from circulation in 1916 would work pretty well! The Barbers would look pretty sharp without all the usual "Great Depression" wear on them.... 1909-S IHC's and VDB's would be only 7 years old... 1913 Buffalo nickels, Type 1 and 2, only 3 years old! Any "New-Design" 1916 silver coinage (10,25,50¢) would be AU  Edited by DNA
10/29/2008 10:36 pm
|
|
Bedrock of the Community
United States
17884 Posts |
Another problem would be what would happen to the coins in present day collections that are the same ones you picked up in your time travels? Would they disappear from collections all over the world? Would people know their coins had disappeared? Would the coins you bring back just bring the known specimens up TO the number that existed before you went back in time? (Because the coins that WERE known before you left which were in the group you picked up, would NOT have been known until AFTER you get back.)
|
|
Moderator
 United States
189650 Posts |
It depends on how you resolve the Grandfather Paradox. 1. The timeline is fixed and unchangeable. If so, then he has already gone back in time and taken the coins. It has happened, it will happen. The coins are already missing from the past. Everything he would do when he goes back in time has already happened. 2. Traveling back in time spawns an alternate universe or timeline. If so, then nothing will happen here. He will disappear from our universe and reappear in an alternate universe where history unfolds to account for the missing coins. |
|
Bedrock of the Community
United States
12437 Posts |
Quote:
around 1930 the US Mint was offering 1927-D $20 gold pieces at face value, you just had to pay the postage. I guess they didn't have many takers. Might be nice to go to the source and pick up 5 of those for $100.....
IMO, the best and most practical purchase. Remember, whatever you purchase, you would have to take contemporary money with you for said purchase. Whipping out a stack of modern Federal Reserve notes might get you strung up  . For these, you would just need 100 common Morgan or Peace dollars at the most and notes from the 1920s might even be a less expensive option. Quote:
Another problem would be what would happen to the coins in present day collections that are the same ones you picked up in your time travels? And that problem would be completely negated by the fact that almost all of the 1927Ds were melted down so the five you pick would probably currently be in brick form at Ft. Knox and not in someone's collection About 10-15 currently exist but 180,000 were minted and they were not a rarity at all in the late 20s/early 30s. They were easily obtained for face value but the problem was that hardly anyone did. The 1907 Ultra High Relief is probably a slightly more desirable coin but it was a special striking and would be difficult to obtain through normal means of commerce- the 1927s were available directly from the Treasury! Five new coins would certainly dilute the population a bit but this is currently a $1 million+ coin so it might wind up being a $750,000 coin - I will take five of those please  |
|
Pillar of the Community
United States
2734 Posts |
Quote:
biokemist6: "Remember, whatever you purchase, you would have to take contemporary money with you for said purchase." This fantasy did send you back with $100, presumably in contemporary money. "Dr. Brown" in "Back To The Future" had a suitcase with 'contemporary' money to use in various time periods! Ten 1922 $10 Gold Certificate notes in VF (just perfect for buying your five 1927-D Double Eagles!) would cost about $3000 or so in modern money. I could have bought ten of these at the coin show I was at today! As for the 'coin disappearance' theory: The coins taken from the pocket change of 1857 or 1916 could have been coins lost or destroyed during the course of time anyway.... Edited by DNA
10/31/2008 11:41 pm
|
|
Moderator
United States
16679 Posts |
Did not have time to see the other answers so mine may match someones.
1794 to chat with folks of the time in Philly. Then get some Dollars and Large Cents. Then back to the time machine to check the dinosaurs out.
swcoin.ecrater.com
|
|
Valued Member
 United States
92 Posts |
I started this mess. (Please try not to hold it gainst me!) If I could do it over again, 1.) I wouldn't do it at all because I would know that it had been done before or 2.) I would amend it to include the stipulation that you'd not be allowed to ever sell the coins you brought back. You'd simply be the owner of them until you were no more. If I would have added this stipulation then people would be back there in time gobbling up COINS THEY LIKE rather than coins they could get rich off of, which was really what I intended when I started this poorly researched, poorly thought out, poorly expressed, repetitive theme.
|
|
Moderator
United States
16679 Posts |
Then it would have to be some beautiful gold to look at. 1850. Moffat & C0. Baldwin & Co. gold!
swcoin.ecrater.com
|
|
Valued Member
United States
74 Posts |
I would go to 1964, and snag a few '64 Peace dollars before they melted them down, Then I would use my $100 and fill some holes in my Lincoln Cent album. I'd have to pick between the 09-S VDB or the '55 DDO. The choice of a lifetime! sorry about my bad research on that. And I wouldn't want to sell it either, I would just want to own it or give it to a museum and go into history. Edited by Alex Swanson
11/06/2008 6:40 pm
|
|
Valued Member
United States
92 Posts |
Alex - Why not just go back to San Francisco - in 1909? Get your '09 S VDB, score about 50 Peace dollars and still have $49.99 left over? |
|
Valued Member
United States
92 Posts |
|
|
Moderator
United States
189650 Posts |
Quote:
If I would have added this stipulation then people would be back there in time gobbling up COINS THEY LIKE rather than coins they could get rich off of, I would still go back to 1916, because there are quite a few coins that I would like to have in my collection! |
| |
Replies: 56 / Views: 5,053 |
First Page
Previous Page
Posted 10/29/2008 10:22 am
