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Newest Quest .... Liberty Nickels

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nickelsearcher's Avatar
United States
15489 Posts
 Posted 10/11/2010  9:22 pm Show Profile   Bookmark this topic Add nickelsearcher to your friends list Get a Link to this Message Number of Subscribers
After two years of learning from the wonderful experts on this fine forum ...... I am at last prepared with sufficient knowledge and enthusiasm to embark on collecting my first ever Classic US coin set - Liberty nickels.

Should not be a surprise that I chose nickels

I will note for the record that I am also building a MS collection of Type ‘Classic' US Silver Commemorative .....and having collected 38 of the 50 coins so far I am well on my way with this goal ....... but that set was never intended for daily commerce like the 33 coin Liberty nickel set.

Soooo ..... having some reasonable maturity as a 2-year experienced collector (mostly from reading all of your wisdom) ... I have decided upon the following tenants to guide my new collection ...

Tenant #1: All coins will grade from XF40 to AU55. I have learned how to accurately grade this series and have no problem purchasing raw coins.

Tenant #2: All coins will have original surfaces. No cleaned coins or dipping allowed.

Tenant #3: All coins will be reasonably well struck ..... not interested in weak details in an AU50 coin.

Tenant #4: The visual appearance of the set will be consistent ..... so I need to be careful to avoid too much luster on AU55 coins and too little life on XF40 coins. I want the overall look of the set to be visually pleasing with nothing ‘standing out' ....... this will be the tough putt indeed! Coins that fit my need will have a pleasing uniform ‘gunmetal grey' surface look to them ...... that's what I am after.

So that is the goal. Perhaps a very difficult one indeed .....

I have set myself up for a true challenge given the lack of Liberty in high circulated state ....... They are easy to find in the marketplace in worn (G4 to F12) and MS State. They are hard to find in the circulated range I seek which makes this quest all the more fun and challenging.

To get a good start on the set I've visited my 3 local brick-and-mortar dealers and have in my hands a Dansco 7111 with 5 coins so far that meet my criteria.

I'll keep you posted as I move along with the set ...... although it might be many years before all the coins show up that met my needs.

Any advice, input or suggestions for sources of Liberty nickels would be valued and appreciated.

I'm looking forward to the fun of sharing with all of you as I work on this new collection!

David
Take a look at my other hobby ... http://www.jk-dk.art
Edited by nickelsearcher
10/11/2010 9:26 pm
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Namachieli's Avatar
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 Posted 10/11/2010  9:35 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
cant wait to see it. good luck!
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cwb1877's Avatar
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 Posted 10/11/2010  11:30 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
That should be a very nice looking set. You'll have fun hunting them down!
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vermontensium's Avatar
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16679 Posts
 Posted 10/11/2010  11:49 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
The 1885,1886, and 1912-S will be the most $$. But...don't forget the 1913
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Scooby Due's Avatar
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 Posted 10/12/2010  01:43 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Sounds like you've your head in order with a good plan. Your progress will be fun to watch!
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Awesome Wally's Avatar
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 Posted 10/12/2010  06:53 am  Show Profile   Bookmark this reply Add Awesome Wally to your friends list Get a Link to this Reply
Good luck on your latest quest. I will be following your progress with interest.
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nod2003's Avatar
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 Posted 10/12/2010  11:08 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Luckily, I think the 1913 is a proof...
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upstate's Avatar
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 Posted 10/12/2010  1:19 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply

Quote:
I have set myself up for a true challenge given the lack of Liberty in high circulated state ....... They are easy to find in the marketplace in worn (G4 to F12) and MS State. They are hard to find in the circulated range I seek which makes this quest all the more fun and challenging


Precisely what I was thinking while reading your stipulations.
Good goal, will be an impressive set for sure.
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ACE Mike's Avatar
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438 Posts
 Posted 10/12/2010  11:17 pm  Show Profile   Bookmark this reply Add ACE Mike to your friends list Get a Link to this Reply
Might want to see about getting the Red Book on Shield and Liberty nickels by Bowers. Lots of specific info about what to look for on each date. Could be useful!
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 Posted 10/12/2010  11:29 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Good choice!! I like your choice of grades.
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Saruma's Avatar
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 Posted 10/13/2010  01:07 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
I know a couple people joked about the 1913, but there is something to that. How obsessive of a collector are you? Some people when they embark on a collection cannot consider a collection complete unless they have ALL the coins in the series. The 1913 does exist, despite it being super rare. It can be sort of like a mosquito bite, an annoying itch you get every time you look at the collection.

Other people can easily say to themselves "that's so ridiculously rare I don't consider it part of the series" and make a collection of everything but that one.
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nod2003's Avatar
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 Posted 10/13/2010  08:46 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Well, I think the last 1913 sold for $3.7 million, but if you don't want an uncirculated, there is only 1 on earth (unless you want to circulate it yourself). Unless we are talking to The Omaha Oracle, I don't think the 1913 is going to be seriously considered regardless of how obsessive a collector one is.
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 Posted 10/13/2010  2:02 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'm a little on the pessimistic side when it comes to that series. I have several sets in Whitman Albums and all are complete, except the 1913 of course. Can't even find one in a decent coin show.
Actually I'm not sure why so low in value for almost all of them. Only the 85 and 86 show a decent value. Mintages are similar to many other coins yet hardly any of the Liberty Head Nickels are worh much. Take the listing in the Red Book for example. Note that on page 128 the entire list in MS-63 is barely in the 100's. Some are a little more naturally but nothing like the Buffalo nickels. And too most of the ones you do see at a coin show or store are well worn and even the proofs of most are barely under the $300 mark.
Obtimistically a completed set really looks impressive though.
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nickelsearcher's Avatar
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15489 Posts
 Posted 10/13/2010  7:57 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Thanks for all the kind encouragement!


Quote:
Might want to see about getting the Red Book on Shield and Liberty nickels by Bowers


That was my first purchase when I gained interest in the series .... have read the Liberty nickel portion three times now.


Quote:
I know a couple people joked about the 1913, but there is something to that. How obsessive of a collector are you?


I could be fairly described as obsessive ..... but nobody calls me Bill Gates either. No hole in my Dansco for the 1913 so it does not exist.

My initial five coins .... all meeting the tenants above are ..

1883 N/C XF45
1889 XF40
1891 XF45
1906 XF45
1911 XF40

I'm looking forward to sharing this set with you as it develops ...... no hurry on my end ..... it's all about the coins and the joy of the hunt.

David
Take a look at my other hobby ... http://www.jk-dk.art
Valued Member
United States
282 Posts
 Posted 10/17/2010  10:48 am  Show Profile   Bookmark this reply Add Gary to your friends list Get a Link to this Reply
I put this set together a few years ago with the idea of Au or better. Hope you have as much fun as I did. Good luck in your endeavor.

Newest-Quest-....-Liberty-Nickels
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Sprucansailor's Avatar
United States
188 Posts
 Posted 10/17/2010  11:41 am  Show Profile   Bookmark this reply Add Sprucansailor to your friends list Get a Link to this Reply
Outstanding! Just beautiful!
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