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 Replies: 20 / Views: 2,861 |
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Pillar of the Community
Canada
4944 Posts |
Quote:
Just kidding. I would have to mortgage the house... and I don't think the wife would be too happy Only one way to find out.  |
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Moderator
 United States
16679 Posts |
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Pillar of the Community
 United States
3755 Posts |
Aside from wanting everyone else to be coveting that coin, I posted the link for a specific reason. THAT is the first time I have seen EXACTLY what the designer had in mind when he came up with the coin. No changes for peoples sensitivities, no changes because it doesn't wear well or any of that. Fully struck with every detail screaming out at you saying "Behold my awesomeness and weep". THAT right there my friends is all that a SLQ is supposed to be.
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Valued Member
United States
203 Posts |
I opened that link and my jaw made a rather loud snapping sound as it fell open. I should have that checked out. That is gorgeous, maybe one day I can afford a dateless 1916, nothing near that nice.
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New Member
United States
22 Posts |
 If it was only 30k I would be in but that is just too much G |
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Pillar of the Community
United States
8137 Posts |
WOW is all I can say. Like most, this is WAAAY out of my budget! Still nice to over though |
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Valued Member
United States
416 Posts |
I would sell every coin I own to buy it but I would still be about $30K short of the asking price
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Pillar of the Community
United States
1903 Posts |
This begs an interesting question.... which is a better investment long term. A single 1916 SLQ coin of this caliber (let's call it $35,000 to keep things simple) a few 1916 SLQs of a slightly lower tier that together are worth $35,000, or a bunch of mid grades, again, together worth $35,000?
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Bedrock of the Community
United States
20753 Posts |
Why all the fuss? I think I have a roll of those around here somewhere.  |
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Moderator
United States
23522 Posts |
Are FH standards a bit looser for 1916's?
Based on previous sales, this one looks to be priced about $5k over market, even conceding its' FH status which seems debatable to me.
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Bedrock of the Community
United States
36839 Posts |
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Valued Member
United States
203 Posts |
Quote:
This begs an interesting question.... which is a better investment long term. A single 1916 SLQ coin of this caliber (let's call it $35,000 to keep things simple) a few 1916 SLQs of a slightly lower tier that together are worth $35,000, or a bunch of mid grades, again, together worth $35,000? I would rather have a bunch of mid grades. This would lower the quantity in the market and theoretically should raise prices, more so than the other strategies. Although this would take some time to really notice that much of a price difference. And this is just a guess and not wise market information. |
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Moderator
United States
16679 Posts |
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which is a better investment long term. A single 1916 SLQ coin of this caliber (let's call it $35,000 to keep things simple) a few 1916 SLQs of a slightly lower tier that together are worth $35,000, or a bunch of mid grades, again, together worth $35,000? I can tell you this. I would rather like to have lower grade coins equalling $35K. Easier to move come time to sell. swcoin.ecrater.com
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Pillar of the Community
United States
3283 Posts |
There can not be very many 1916 SLQ's that look like that!
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Pillar of the Community
United States
784 Posts |
Wowee what a great quarter. It reminds me of an article I read twenty plus years ago, I think in Coinage, about a guy who was given a 1916 SLQ by a father, uncle, grandfather, etc... he sat on it for years and then when he realized how rare it was he sold it for $16,000 or something and built a deck on his house. I remember thinking how odd it was that he decided to build a deck with the money but, I guess if you're not a coin person... to each their own.
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Posted 11/23/2013 9:45 pm
