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Replies: 30 / Views: 3,475 |
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Valued Member
United States
274 Posts |
I collect both. I have a collection of every circulation strike of the wheat cents, less the 1909 VDB S, and they are all circulated. This is a big collection taking 7 full pages of 2x2 flips. For my type set I have MS65 examples of each type of Wheat cent, but for me there is no incentive duplicating my circulated set with slabbed coins. That would be too expensive and take up too much space.
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Pillar of the Community
United States
9395 Posts |
Generally, the earlier the coin, the more likely it is it be circulated. Most 20th-21st century type coins are uncirculated. All my US commems are uncirculated. All US coins from the 1700s are circulated, and are often well circulated. When it comes to pre-1500 dated coins, I'm just grateful to find anything, however awful it is.
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Valued Member
 United States
397 Posts |
I am also in the what I can afford camp. Have a selection of both circulated and MS coins.
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Pillar of the Community
 United States
7276 Posts |
Seems like a lot of people like circulated coins :)
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Pillar of the Community
United States
521 Posts |
I collect both. There are two things mentioned that I agree with: First, the sense of history in a circulated coin is really unmatched in where it could have been and what it could have been used for. Second, cost is definitely a factor. I like to get an UNC example of a type if I can, but that doesn't happen with the older issues. However, the older issues have had more time to explore the world (or at least the country) so that circulation makes them just as valuable to me.
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Bedrock of the Community
Australia
21786 Posts |
For classic coins, and with regard to grade, I always try to get the best value for money in a cherry pick situation. Because this strategy only occasionally works, I expanded my horizons decades ago, to include the whole of numismatics, not just U.S. classic coins.
Grade, strictly by itself, doesn't matter for me, because you don't always find what you are looking for. Instead, seize on any opportunity when you see it.
Such a strategy will vastly increase your numismatic buying, collector and investor skills. This is what coin dealers do, but I am not a coin dealer.
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Valued Member
Canada
125 Posts |
I usually purchase the best I can afford when it comes to silver but like to stick in around XF/AU. When it comes to gold, for some reason I much prefer MS.
At the very least, I usually don't purchase anything under a VF.. I will hold out for a better opportunity.
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Bedrock of the Community
United States
17884 Posts |
Circulated, I have a lot I wouldn't mind in a higher grade, but I don't want MS coins. I woant coins that can demonstrate that they have done the job they were intended to do.
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Valued Member
United States
416 Posts |
I not only buy circulated coins, I actively avoid slabs or other types of 'protection'. If I get coins in 2x2s (or rarely in a Details slab), I break them out and toss them in a bag of their 'kind'. For example, I love bidding on lots like this - https://www.ebay.com/itm/LOT-OF-50-...143433018193In fact I have won a few similar lots from Mr Hodson :) Love my big ol' "bags of doubloons". Take them out, toss them around, ponder each one's long adventure! MS/UNC coins are sad to me, like an old sports car perfectly preserved with 100 miles (that's my other collection: sports cars). It never got out and lived its life.
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Bedrock of the Community
Australia
21786 Posts |
I never buy slabbed coins, either.
If this your approach, you have to have the confidence to grade accurately, this is especially so, if you are going to buy any coin of significant value.
I always try to buy at the best value for money, with regard to whatever the grade may be.
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Valued Member
United States
62 Posts |
US large cents, pretty much whatever I can get my hands on, US high value small cents,same. Wait a minute... all my coins are whatever I can get my hands on.
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Valued Member
 United States
461 Posts |
I buy the best looking coin I can afford. I am primarily working on a TPG slabbed comprehensive type set and have bought almost all mint state coins so far, but I do have a price ceiling. I stay away from lower mint state coins. If I can't afford ms63, I think it's easier (and cheaper) to get a nice au coin than a nice low mint state coin. Generally, older coins and higher denominations cost more. But with older coins eye appeal and grade are less likely to correspond. For example, I have my eye on an au50 with arrows LSH that I find more attractive than other higher graded au coins. I also just bought an xf-45 1819 Capped Bust half that compares well to high au specimens costing 3 times as much.
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Pillar of the Community
United States
2463 Posts |
when it comes to classic coins, I grab any condition, as long as the price is within reason.. I have some of each, circulated & uncirculated, but most are circulated. and I love them all equally. 
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Bedrock of the Community
United States
20753 Posts |
For me it's what ever I need to complete a set.
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Valued Member
United States
231 Posts |
a mix but depends on cost of the coin. would like mint state but usually out of my budget
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Replies: 30 / Views: 3,475 |