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Which Would You Rather Have #3

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 Posted 11/23/2020  10:07 am Show Profile   Check John K's eBay Listings Bookmark this topic Add John K to your friends list Get a Link to this Message
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 Posted 11/23/2020  10:19 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
The gold piece

@John, I've noticed when you do these they often revolve around conditional rarities. Given that most of us aren't really collectors of conditional rarities wouldn't it make sense to compare, say, a Seated dollar and the gold piece than a top pop modern linc and a gold piece?
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 11/23/2020  10:40 am  Show Profile   Bookmark this reply Add brenpickle to your friends list Get a Link to this Reply
I would defiantly want the gold.
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 Posted 11/23/2020  10:46 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices.
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 Posted 11/23/2020  10:50 am  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
Q & A Time:

1) Does that 1964-D cent look superb? YES
2) Does the one in MY set look as good? NO
3) Would I like to replace my cent with this one? YES
4) Would I pay over face value for it? NO

Sorry, but I'm just an old coot that feels that ANY Lincoln cent after 1958 is worth one penny. With over three-and-a-half billion 1964-D cents out there, I'm sure there are still plenty nice ones that I'd accept in pocket change.

That said, I'd positively take the older 5-dollar coin, even though it doesn't really interest me. I'm sure I'd have a better chance of finding a buyer for it than the penny, and then be able to buy a coin I really need for my sets.


PS: I see the $5 coin comes with a free pickle.
Edited by atticguy
11/23/2020 10:55 am
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 Posted 11/23/2020  10:58 am  Show Profile   Check John K's eBay Listings Bookmark this reply Add John K to your friends list Get a Link to this Reply
Which one do you think will be worth more 50 years from now? I just don't think conditional rarities have the following that classic coins have nor will they hold their current values.

Course that is just an opinion. I am the same guy that spent $120 for a 1909-SVDB cent in VG back in 1958. Could have got a dozen mint state large cents and bust halves for the same amount of money! Everybody was into date collecting back then. The Gimbels Store in Milwaukee had them in their catalog and store for $8-$10. They also had a "junk" box of US pattern coins (mostly V nickles) that were even less. I failed to buy any as I wanted to fill that last hole in my Lincoln album - arrrrgh!.

And 1950-D nickels were selling on the Teletype for $1,000 per roll in late 1950s. That tulip bubble popped.
Edited by John K
11/23/2020 11:01 am
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 Posted 11/23/2020  11:05 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have a decent 1964-D cent in my Dansco. I have no gold at all. Which one fills the empty hole?
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 Posted 11/23/2020  11:06 am  Show Profile   Check John K's eBay Listings Bookmark this reply Add John K to your friends list Get a Link to this Reply

Quote:
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices.


You got that right!

Just wanting to be number one on a registry list of Memorial Lincoln cents is not for me (even if I had the money). But it was a great marketing move by the grading companies.

And looking over the MS RED Lincoln cents sold over the years by Heritage, some don't look very red any more. Those slabs are no guarantee against copper turning brown.
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 Posted 11/23/2020  11:26 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
I just don't think conditional rarities have the following that classic coins have nor will they hold their current values.


I think I agree, but not completely. I think overtime classic coins will appreciate better, but I feel Conditional Rarities will hold their value, and likely appreciate though much, much slower.


Quote:
I am the same guy that spent $120 for a 1909-SVDB cent in VG back in 1958. Could have got a dozen mint state large cents and bust halves for the same amount of money! Everybody was into date collecting back then. The Gimbels Store in Milwaukee had them in their catalog and store for $8-$10. They also had a "junk" box of US pattern coins (mostly V nickles) that were even less. I failed to buy any as I wanted to fill that last hole in my Lincoln album - arrrrgh!.


Ouch


Quote:
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices.


Here the thing, once again I agree and disagree. I think the prices, from at least my standpoint, are stupidly high. But as a collector, and dealer, can understand them. When you have a group of extremely deep pocketed collectors who all want the finest of everything all it takes is 2 people who want a coin equally as bad to send prices skyrocketing.


Quote:

And looking over the MS RED Lincoln cents sold over the years by Heritage, some don't look very red any more.


All TPGs have a provision in their TOS that doesn't guarantee color, actually color is never guaranteed. Even the day they slab it.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 11/23/2020  12:23 pm  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
$5 gold, because if you accidentally drop that penny or touch its surface, it loses a lot of its value.

Do that the the $5 gold and it barely loses anything as it still has like $450 worth of gold in it.
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
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 Posted 11/23/2020  1:46 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
The gold coin--because its holder comes with a CAC sticker......................
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 Posted 11/23/2020  4:33 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
Definitely the gold!
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 Posted 11/23/2020  5:11 pm  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
To quote an Austin Powers character.........."I love gollllllllllllllllllllllldddddddddddd!"
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 Posted 11/23/2020  5:17 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I want a 3rd choice:

The same value in AU gold, as an example.
Edited by oriole
11/23/2020 5:21 pm
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 Posted 11/24/2020  09:06 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Neither. I'll stick to what I can afford.
just carl
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