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Replies: 20 / Views: 2,707 |
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Pillar of the Community
United States
573 Posts |
I think I'd be concerned that my local dealer is teaming with up ebay's tracking of you in order to market to you.  BTW - beautiful coin.
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Pillar of the Community
 United States
3486 Posts |
Not a great coin, but a decent coin. So I thank all for the votes of support. StJoe, what is your concern? I tend to favor the "one on one" dealing at a show more so than ebay. Sure, I have bought stuff on the bay. After 13 years I am up to 33 purchases, and not all of them coins. Marketing? That is what the "delete" key is for. Ron was given a check a month ago to pay for another coin, so if he wrote it down he has my info. I cannot begin to explain what constitutes a good dealer/collector relationship. It is born out of a sense of mutual comfort. The monthly show in New Haven is quite small,and I have been attending for over a year. I have chosen my favorite dealers. It is not rocket science. "Warm Fuzzies" vs. "Cold Shoulder." Along the way I have learned how dealers work with each other. Not always a pretty sight. I walk a very narrow line. Dealers like me as a collector. Just Sunday Brad said: "Matthew gladly opens up his wallet if I have something he wants. If he doesn't buy today, he will be back again." Now, how to evaluate Brad? Well, the guy lent me his personal collection overnight to compare with mine. He trusted me. What better indication of a great dealer? (I bought three of his coins from that set to upgrade mine.) Bottom line, how did I open up myself to google markeing?
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Pillar of the Community
United States
624 Posts |
Matthew... I've never seen or heard of that quarter. I assume this is a token or commemorative coin? Can you tell us a little about it?
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Valued Member
United States
289 Posts |
Great looking quarter Matthew. I too have never seen this coin. I try to deal as much as I can, but never seem to be getting what I would like. Local stores in my area are very limited, dealing more in bullion than quality coins. I would LOVE to go to a show somewhere but there never seems to be much around north Florida. I also have a lot of rolls that were left to me that have been hard to part with because of WHO left them to me but I guess many have the same issue. I want to start getting rid of them now though but checking last week at our 3 stores, best offer was 14x face. Matthew, what you wrote on the Barbers got me thinking, we have rolls of dimes, quarters and halves from this series. Most are AG to F and I thought they should go more than 14x face, but that's all I was offered. Would I get more at a show? Not selling on ebay that's about our only option. I've learned (by reading on CCF) that my collections need to be focused more on quality than quantity which is the mistake I made when I was young and first got into the hobby. I've thought about what if CCF created their own auctions, that would only occur perhaps 2 times monthly. I've seen the "pocket now" listings but with the amount of collectors here it would give those of us who don't sell on ebay the opportunity to buy and sell without the "Zoo" environment that ebay has become. Just my thoughts....
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Pillar of the Community
 United States
3486 Posts |
The Columbian Exhibition (World's Fair) in Chicago 1892-93.
Three coins were made: a quarter, a half and a dollar. This was the first time that the US issued commemorative coins. Izzy was the first and only quarter made until the the bicentennial in 1976. And were issued for circulation as well as proofs.
The quarter and the dollar are quite expensive. The half is quite common and inexpensive. What I like about my quarter is that it was SPENT!
Now, IF I find a nice one, I'll add the dollar and have all three.
Edited by matthewvincent 05/21/2013 09:10 am
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Bedrock of the Community
United States
17884 Posts |
There was no Columbian Exposition dollar coin. There were a lot of dollar sized medals made for or at the exposition tht are collected as "So-Called Dollars", but there were no official dollar coins made for the exposition. The first commemorative dollar coin was the undated Lafayette Dollar struck in 1899 to raise funds for the Lafayette Memorial in Paris that was to be dedicated in 1900. (The reason for the 1900 date on the coin.)
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Pillar of the Community
 United States
3486 Posts |
grancap74, Boy, it was all I could do to not cry when I heard the offer on Sunday. The emotional ties to coins is exceptionally difficult to ignore.
But, facts must be faced with reasonable courses of action.
So, here are a tip or two:
ANY Barber coin with a full liberty is worth separating from the AGs. Halves and quarters in VG-8 are also to be separated. You see, Halves were spent more often than quarters, and quarters more often than dimes. Years ago, these coins were lumped together: good and very good were priced alike. No longer. Even very good, full reverse rim coins are quite difficult to find. Any Barber collector would tell you that.
Really, 14x is the going rate. Sad when you think where came from and from whom.
So, take each denomination in turn and do what I did: pull one or two out for the nice pile and one or two for the not-so-nice pill. As you do so, ask yourself why a certain coin pleases your eye and which coin is just butt ugly.
If you can assemble a roll in each denomination of nice looking coins, then you can pat yourself on the back. When the time comes, you will know which to sell/trade and which ones to keep as a link to your past.
Depending upon one's age, there comes a time when one must think of how the coins will be disposed. I struggled with this for a few years. As much as I have been selling I still have managed to save and acquire coins which make dealers drool.
Look, you are not the first and certainly not the last collector who has these thoughts. Be brave.
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Pillar of the Community
 United States
3486 Posts |
I stand corrected, Conder101.
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Valued Member
United States
289 Posts |
Matthew, thank you for the comments and advice. I was given the collection only 8 years ago but had known about it since I was a kid. My grandfather worked on Wurlitzer jukeboxes and Gottlieb pinball machines which is where he collected the coins from. There are lengthy stories he told me on this but that's for another post He had simply bagged up coins in the bank bags to clean the machines out when he worked on them. So that's what I inherited, 8 bank bags that weighed about 40 lbs. a piece. There were very few AU and above coins obviously and it took some time to separate them out. The Barber series has always been confusing to me as there seems to be much fewer examples of high grades than many other series. Of course now I understand that and can know why high grades in these series command such a high premium. I've pulled out the rolls and will start searching them according to what you wrote. I don't have a much of a problem selling them now because I'm keeping so much of his collections that there is plenty left over. I guess my sadness came more from the 14x offer being the same for a 1892 Barber quarter as a 1962 Washington. Of course on CCF I have learned about the QUALITY of the coin is what I want to collect now. My main issue is WHERE to sell, I've been to LCS in other areas which seem to be far superior to what is around me, and most around me sell on ebay anyway. I know from posts I should sell on ebay and not just buy, just have been nervous about it reading disaster scenarios which have been written about here. With as many rolls that we have I know I could add some very nice coins to our collections while still preserving most of my inherited collection. On another note. He had saved about 25 Capped Bust Halve Dollars that I remember him telling me always stopped the machines up, those coins have become some of my favorites out of all of them. Can you imagine....people using those coins in pinball machines because they thought they were of less value than what was modern at the time. 
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Pillar of the Community
United States
624 Posts |
It's funny how different coins attract people. For me, it's Mercury dimes and Liberty Walking halves. I have a couple of fairly common Barber halves (an AG-03 1902-O and a G-06 1912-S) that I got back in the 1990's as change in a Post Exchange at Ramstein Air Force Base (Germany). I never had an inclination toward the Barber halves or the Barber dimes, although I do appreciate the classic beauty of the designs...
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Pillar of the Community
 United States
3486 Posts |
grancap74, Do you have a smelter in your area? If so they would be a good choice. Dealers will save up a month's worth of junk silver coins, take them to a smelter, and still make a profit. If not, then you may have to use your local dealer. I would suggest that you make up a want list and let dealers know that you would trade your "rejects," possibly with a little cash on the side. It does not sound like your grandfather was a collector. Or am I wrong? Those stories should be written down to go along with the coins that you are saving. My father and Great Aunt were collectors so I had it worse. Then you can add your own stories. Something like: "When I saw this coin I fell in love with it, so I traded x amount of the ugly coins for it." In my case I have no one to pass on stories to. I write for the Barber Coin Collectors' Society. I got made a contributing editor! And when I have something important or amusing to say I write here on the CCF. A sample of my work: https://goccf.com/t/149312Please feel at liberty to ask me any other questions that you may have. Matthew
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Valued Member
United States
289 Posts |
Matthew, I am aware of the "smelter" which the LCS uses. I have thought about that before but I figured that they would go for more on ebay. I've bought but not sold on ebay as of now. I will contact them just to see what they would buy them at since I really can't get anywhere with the LCS. They have treated me well on what I have purchased, but it is on items that have been brought in and I buy immediately so he doesn't have to place in inventory. I have found out he sells on ebay although he was very cryptic on his username and would not tell me. I love the Barber series and will begin working on those once others are more completed. I am willing to start selling some of the rolls he left me as we are keeping many other coins. I have not really gone through all of those which I will start on tonight, sure my wife will be happy with that...  , she always is so ecstatic when I lay them out in the living room. As to his collecting, I don't believe he was the type of collector who went for high grade coins, just what he took out of the machines he was working on. The bulk were Washington quarters, Roosevelt dimes and Jefferson nickels although there were coins from many different series and eras as well. I read your post before which was truly fascinating and one that I've saved to show others. I would like to write on what he actually left me as his story is interesting since he was fairly famous running alcohol during prohibition. My LCS was a little surprised when I started bringing the old bank bags in prior to my learning more about coins, because of reading and learning on CCF. There were 8 bags that weighed around 40 lbs a piece. I only went through 2 bags with him as I started learning more. Honestly I was unsure about someone knowing EVERYTHING I had. Some of the highlights were '32s, 32d Washington quarters and 1916d Mercury dimes. But of course none were MS grades and only a few are AU. He knew which coins to collect but for whatever reason never worked on trading or purchasing higher grades, which is how I started in collecting before understanding the true value was to obtain the highest grade that you can, coins that "speak" to you. I was writing today on another post, he worked on Wurlitzer jukeboxes and Gottlieb pinball machines which is where the coins came from. Luckily he also saved all of his bank rolls of coins that were never opened, dimes, nickels and cents. I've always laughed at some of the absurdities on ebay about unsearched rolls, when I'm here looking at truly unsearched rolls that came from his bank. What you wrote on your other post has inspired me to want to share what I know and what I remember on him which I will do soon. His collection he left was very vast and going through the bags have really been one of the highlights of my life. I feel like a kid at school as I've been going through them. If it is all right, I will email you on the Barber coins so I just don't tie up this post on that subject. Your post previously is information on history that makes CCF so great for me, of course I love the coins but learning of all the history associated with them is a entirely new area.
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Pillar of the Community
United States
3843 Posts |
Amazing story grancap74! Thanks for sharing. I'm pretty much a 1st generation collector in my family although my grandfather has a small collection of silver coinage that he inherited from his father. So I'm trying to make up for lost time and assemble a collection that I can pass on someday in the very distant future. Numismatics is a great hobby that can span generations.
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Valued Member
United States
289 Posts |
Joe, I have had so much fun and truly enjoying building my sets. Going through all the coins, I find dates of my father, mother and many others birth years. There is not any manner of collecting that I can think of that could have this meaning, at least to me. You write about how it spans the generations and that is the exact point and another reason so many get completely immersed in it. I too feel like I wasted 20 or so years not building the sets because I was always "too busy" working on other things. I always think, "what could I have collected the past 20 years". Well, I'm at it now like we all are on here and to see what collections different members have put together make me that more determined to build the best sets I am capable and then hand them down to my next generation of collectors. Keep enjoying it....
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Pillar of the Community
United States
1795 Posts |
Matthewvincent that is a very nice coin.Now I really want one. Unless I get something on ebay; I will be waiting for the Coin Show in Baltimore in June. I hope I will find one there.
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