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Thoughts On High Grade Talers/Thalers

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Author Previous TopicReplies: 26 / Views: 4,097Next Topic Page 2 of 2
Pillar of the Community
United States
574 Posts
 Posted 07/10/2016  1:07 pm  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
Thank you, spence!
Pillar of the Community
United States
1915 Posts
 Posted 07/10/2016  2:20 pm  Show Profile   Bookmark this reply Add Albert to your friends list
Message to spence: about your slogan about young and foolish:
My uncle says that "I am young and foolish yet".
Message to beem about my thoughts on Thalers:
I buy one of these once in a while if I can afford them. Personally I could not stand the thought of having them in a slab. I'd have to break them out just to enjoy having them in hand. It is very typical for me to pass on every table I see at a coin show that displays slabbed coins. The few slabs I did buy- I broke the coins out. I can understand some of the purpose in grading or slabbing a coin- but it's not for me.
Valued Member
United States
462 Posts
 Posted 07/10/2016  6:53 pm  Show Profile   Bookmark this reply Add plonker to your friends list
Although I have bought from both vcoins and mashops in the past, I would not buy from them now. They tend to be over market prices and you have to pay around 3% additional fees for paypal if the seller is in Europe. In my opinion auctions give more realistic prices based on demand for a particular coins. sixbid (https://www.sixbid.com/) is a good site to go over various auctions including US and European auction houses. I use http://www.coinarchives.com/ to get an estimate of what a particular coin has been sold in the past.
Pillar of the Community
United States
1429 Posts
 Posted 07/10/2016  10:00 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list
I collect mostly on Holy Roman Empire Crowns - http://www.taleruniverse.com/

Price discovery is very straightforward in looking up auction records. The key is making sense of the quality descriptions. Images are not as well done in Europe as they are here in the US. The challenge in the past few years has been currency exchange rates working against the Eurozone. Look at as many coins and your margin of error will be reduced. The census reports will show you relative scarcity yet not absolute. Auction records (coinarchives etc.) will give you much more.

Buy the coin not plastic. I put them in slabs as they are convenient to store and are more liquid here in the US if you are to sell. I do see more slabs in European auctions.

Kunker auctions as an example brings stronger prices compared to US auction houses so at times bargains are found on this side of the pond.

Edited by Zohar444
07/10/2016 10:02 pm
Pillar of the Community
United States
574 Posts
 Posted 07/11/2016  6:53 pm  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
I had a guy call me today from one of those big coin companies, trying to sell me some Franklin halves. I told him I wasn't interested in any US coins, he asked me what I was looking for. I said thalers. He had no idea what that was. Makes me want to pull the trigger on one I've been looking at on ebay. :D
Pillar of the Community
United States
1429 Posts
 Posted 07/11/2016  7:27 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list
I also got on some wholesale bullion company call list. They keep calling and I tell them that I do not buy 1) US 2) Bullion. When they asked what I collect and say Thalers, they pitch me Morgan dollars. Clueless folks running a commodity widget business.
Pillar of the Community
Canada
5246 Posts
 Posted 07/11/2016  7:45 pm  Show Profile   Bookmark this reply Add oriole to your friends list
According to a long time coins collector here, back in the 1950s and 1960s the US market was full of Thalers selling for $2-3 each, many brought back after WWII. When Germany recovered economically, most of these were bought and taken back to Germany.

There are still thalers in the US and Canada of course, but you have to go to larger shows where the foreign specialists go.
Pillar of the Community
United States
1429 Posts
 Posted 07/11/2016  9:47 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list
Thalers are commonly available in most European auctions. Heritage/Stacks always have a selection. It gets crowder when you look at higher grade. GEM Morgan dollars are commonly available, Thalers, far fewer.
Pillar of the Community
United States
574 Posts
 Posted 07/15/2016  6:49 pm  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
Anyone like the "Hogmouth" Thalers? Prices on UNC examples look attractive. I see a 1701 Austria on ebay, but that looks like it may be a more common date. Have prices on these been fairly stable, up, down, over the past 10 years or so?
Pillar of the Community
United States
1156 Posts
 Posted 07/15/2016  10:07 pm  Show Profile   Bookmark this reply Add jgenn to your friends list

Quote:
Prices on UNC examples look attractive.


Yes, and I see many for sale, but it's a rather unattractive portrait. You should really decide whether you are in it for the possibility of a profit or because you really like the appearance of the coin.
Edited by jgenn
07/15/2016 11:23 pm
Pillar of the Community
United States
574 Posts
 Posted 07/15/2016  11:09 pm  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
Is it really considered an unattractive portrait?

Thoughts-On-High-Grade-Talers/Thalers

I think it's quite attractive. Very intricate. High quality minting.
Pillar of the Community
United States
1156 Posts
 Posted 07/15/2016  11:27 pm  Show Profile   Bookmark this reply Add jgenn to your friends list
Ok, I agree the portrait is well executed -- still, it's like putting lipstick on a pig. If you will enjoy owning it then that's alright.
Pillar of the Community
United States
574 Posts
 Posted 07/16/2016  01:55 am  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
I appreciate the opinion. The three you posted earlier are gorgeous. Especially like the 1795 Bern.
Pillar of the Community
United States
1429 Posts
 Posted 07/16/2016  1:28 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list

Quote:
Anyone like the "Hogmouth" Thalers? Prices on UNC examples look attractive. I see a 1701 Austria on ebay, but that looks like it may be a more common date. Have prices on these been fairly stable, up, down, over the past 10 years or so?


I do! http://www.taleruniverse.com/the-ta...i-1657-1705/

Prices moved up and somewhat stabilized in past two years for higher grades. Common grades may have actually come down in price.
Pillar of the Community
United States
574 Posts
 Posted 07/16/2016  6:46 pm  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list
Thanks, Zohar444! Very helpful info.
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