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What Would You Buy Within The Following Budgets?

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Pillar of the Community
2224 Posts
 Posted 04/15/2011  12:32 am  Show Profile   Bookmark this reply Add southsav to your friends list

1883 with cents Liberty nickel high AU or MS
3 Cent Silver Nickel Var 2
3 Cent Silver Nickel Var 3
1882 CC GSA Morgan NGC 64
1884 CC GSA Morgan NGC 64
1995 W SAE to fill my one and only SAE hole
1955 LWC DDO
Pillar of the Community
United States
594 Posts
 Posted 04/15/2011  02:41 am  Show Profile   Bookmark this reply Add KenRingold to your friends list
Any silver coin and save it from melt, and help preserve part of our history. Pretty soon they will be like the buffalo.
Edited by KenRingold
04/15/2011 02:43 am
Bedrock of the Community
Australia
21788 Posts
 Posted 04/15/2011  03:02 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
The same coin in a range of conditions could be considered to comply with the budget limits indicated here.

Which brings me to a buying strategy with which all of us should be familiar:
Always get the best coin that your budget limit will allow.

Occasionally, I am a floor bidder at coin auctions. In this case, the strategy just mentioned is critical. It is essential that your head rules your heart.
Pillar of the Community
2224 Posts
 Posted 04/15/2011  3:16 pm  Show Profile   Bookmark this reply Add southsav to your friends list
Absolutely correct Sel. Often have to remind myself of that. Doing so will keep me out of trouble and always the best I can and like or want. Too many temptations. But for quite some time now I have no trouble passing on alot of very nice coins. If it's not calling, I don't answer and I'm very picky.
Valued Member
United States
244 Posts
 Posted 04/15/2011  5:02 pm  Show Profile   Bookmark this reply Add Wei Fun to your friends list
1) two very nice (VF-XF) later date Half Cents or large cents.
2) a better XF or low AU capped bust half.
3) a nice AU CBH or 4 XF half or large cents.
4) 1886 V nickel in F-VF (would take some luck/looking)
Bedrock of the Community
United States
20753 Posts
 Posted 04/15/2011  5:50 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
What would you buy if you had the following amounts to spend. Say 1 to 2 coins (or so) per amount as if that is all you had with you at a coin show.

Not an easy question since all people like different things and all coin shows are different too. At many of the coin shows I go some dealers have Albums of not so expensive coins and the more valuable ones in glass cases. Some have junk or bargain boxes too. You could run into a dealer that is trying to go out of the buisness and willing to sell coins real cheap. Then too there is the opposite where a dealer thinks he has to jack up the price by about 25% even over the Red Book.
There are many other situations at coin shows, your preverences, the grades of the coins from dealer to dealer. Sometimes your appearance can make you get more for your money too. Same if you frequent the same shows and get to know certain dealers.
I know many people that do go to coin shows with a specific budget and most tell me what they do is to either buy exactly what they like, need or want. If not, they put that money aside for the next show. If you did that for several or even a few shows, your budget is now far greater.
One person I met at a coin show got to know a dealer so well that the dealer took small abounts on a retainer sort of deal and when enough had accumulated he purchased a really expensive coin. One person I met was on a really tight budget and finally talked a dealer into letting him work off some of the purchases by helping him set up, sell, put things away, etc.
I know I'm not really answering your question but so much of questions like that are going to give you only answers from people that tell you what they like. What you like may well be just the opposite.

Of course you could just rob a bank so you could go to coin shows with a lot of money.
Valued Member
United States
132 Posts
 Posted 04/15/2011  10:06 pm  Show Profile   Bookmark this reply Add pennrj430 to your friends list
Thanks for all these responses. I'm just getting ideas because I'm just about finished with a nice Merc set aside from the 16D. And because I can't swing the 16D now, I want to explore elsewhere, but not sure where to start. I was thinking more about Keys or semi keys in the price ranges above.
Bedrock of the Community
United States
10284 Posts
 Posted 04/15/2011  10:23 pm  Show Profile   Bookmark this reply Add TNG to your friends list
1st budget amount is $100 - As many Canadian Large Cents I could find in VF or XF prior to 1914
2nd is $150 to $200 - 1978 S Trade dollar in XF
3rd is $200 to $250 - 1850 O Seated Liberty dollar in Fine
4th is $250 to $300 - 1914 D Lincoln Wheat cent in F to VF ( I should be able to get a purty one. )

Pillar of the Community
United States
1817 Posts
 Posted 04/15/2011  10:45 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list

Quote:

1st budget amount is $100 -
2nd is $150 to $200 -
3rd is $200 to $250 -
4th is $250 to $300 -

As someone already previously mentioned, it really depends what you like, classic versus modern, circulated vs. uncirculated, etc. If you are buying with an eye to enjoying the hobby and with the other eye turned towards cashing in on a rainy day 10 years down the road...

1st: at least two burnished uncirculated ASEs, 2006W, 2007W or 2008W.
2nd: burnished uncirculated $5 AGE, same dates.
3rd: MS64/65 graded Classic commemorative half dollar. Many to choose from.
4th: PR69 $10 platinum eagles, 2003 & later.
Valued Member
United States
244 Posts
 Posted 04/16/2011  12:08 pm  Show Profile   Bookmark this reply Add Wei Fun to your friends list

Quote:
Thanks for all these responses. I'm just getting ideas because I'm just about finished with a nice Merc set aside from the 16D. And because I can't swing the 16D now, I want to explore elsewhere, but not sure where to start. I was thinking more about Keys or semi keys in the price ranges above.


That's what's nice about the half and large cent series. Since the start of the "classic head" design, there really aren't any 16-D like keys that are unattainable,
Valued Member
United States
271 Posts
 Posted 04/16/2011  12:26 pm  Show Profile   Bookmark this reply Add Chadwick to your friends list
In my opinion, I would buy any silver at the cheapest price possible. Sadly, it appears that fiat currency in the world is crashing. Not to be a doomsayer, but when the smoke clears anyone not holding bullion will be hurting very badly. I buy silver with every spare dollar I can gather. As a collector, I always love the BU coins. However the investment side of me will buy silver in any condition and any denomination from anywhere except China. I have some Chinese Trade dollars that look and weigh just like silver. But they are not silver. Burn me once....
New Member
United States
40 Posts
 Posted 04/16/2011  12:38 pm  Show Profile   Bookmark this reply Add matt to your friends list
Disagree about hoarding silver. I believe what we're seeing now is a result of gold speculators realizing that the gold market is approaching it's bubble burst, and turned to silver in the meantime. Expect gold to pull back significantly within a year, followed by silver shortly thereafter.

I agree though with the other commentors about buying ultra-high grade common date coins, especially pre-1965 silver. MS67 Mercs can be had for $50-75 right now, and most Washington 25c MS65 or better are cheap as well. Wouldn't go for Roosevelt dimes though.
Pillar of the Community
United States
8904 Posts
 Posted 04/16/2011  5:27 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list
1. Update all my modern coins with 2011 ones
2. Any Seated Liberty quarter I'm missing
3. Any Seated Liberty half dollar I'm missing
4. Any Seated Liberty dollar I'm missing/a nice Capped Bust half dollar that needs a home


Pillar of the Community
United States
1704 Posts
 Posted 04/16/2011  11:59 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
KenRingold silver 90% and 40%, U. S. coins are not currently being melted. When these are sold to a coin or bullion dealer they are either sold to a walk-in patron or sent to a smelter or refinery where they are bagged and sold to investors in $1,000.00 face value bags. The reason they are not melted is that there is too much demand for silver coin by people who would rather stockpile their silver in that form versus bars, rounds or ingots.
Valued Member
United States
79 Posts
 Posted 04/17/2011  07:02 am  Show Profile   Bookmark this reply Add HalfDollarDave to your friends list
1: 1 maybe 2 high grade Walkers
2: More high grade Walkers
3: a High grade 2 center or two
4: More high grade 2 centers

Any left over money I'd buy some small silver bars.
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