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Bruce Morelan Buys Finest 1913 Liberty Nickel Legend Buys The Finest MS / PR Sets Of Liberty Nickels

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 Posted 02/26/2021  12:07 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Wow! Incredible coin and money exchange with this coin. But I actually enjoy reading jmkendall post.

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 Posted 02/26/2021  03:12 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
If it wasn't for well heeled investors , acquirers no matter what their goal or
purpose , most of the really sexy stuff would be lost to posterity forever .
I have to agree, alas. I still do not see why the prices should be in the millions rather than the hundreds, thousands, or at most tens of thousands (as they are for many patterns, often with at least as much of a backstory aside from hype).
But then I never spent even as much as a hundred dollars on one coin (my highest was $70, back in 2011; indeed I have yet to surpass even its ruble value despite the exchange rate making it less than $30 today).

Some ultra-rarities do have an interesting backstory; the 1876-CC 20 cent pieces come to mind. I also most assuredly did not even attempt to imply that only circulated coins are worth collecting.

Backstory, too, has it limits. In October, the Brutus EID MAR aureus, a coin as backstoried as they could even theoretically come and in perfect condition at that, brought just over 4 million dollars; according to the Wikipedia list, 10 other coins (12 now) have been sold for more. Three of those 10 (four of the 12) were Brasher doubloons. I could never quite understand what was up with the Brasher doubloons - it seems to also be a case of backstory.
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 Posted 02/26/2021  11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If it wasn't for well heeled investors , acquirers no matter what their goal or purpose , most of the really sexy stuff would be lost to posterity forever .
I have to disagree. I think market forces would drive the prices down to where more appreciative people could afford them. If someone is selling, you really think they would rather trash it than take the best offer?
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 Posted 02/26/2021  3:44 pm  Show Profile   Bookmark this reply Add txgolfer56 to your friends list Get a Link to this Reply
For me, the interest is in the hunt. Going to coin shows, perusing online auctions, checking dealer websites. Examining coins at coin shows to find that elusive coin for my collection. Even if I don't buy anything at a show, I had fun looking. Those experiences bring me joy. Commissioning someone to assemble a collection for you and getting out a check book as they find them is not collecting. It is shopping.
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 Posted 02/26/2021  4:10 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
If I were a Billionaire, I would have bid that coin up to at least 9 million.
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 Posted 02/26/2021  4:31 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I haven't been to a coin show for over a year. Arrrg!

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 Posted 02/26/2021  4:37 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I haven't been to a coin show for over a year. Arrrg!
My last show was 2/15/2020. At least it was memorable.
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 Posted 02/26/2021  4:40 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
I have to agree, alas. I still do not see why the prices should be in the millions rather than the hundreds, thousands, or at most tens of thousands (as they are for many patterns, often with at least as much of a backstory aside from hype).


B/c there are a lot more people out there in America with a lot more money than you and I can imagine. Plus there are a lot of people out there in the hobby with different ideas about different coins. There are obviously enough "who cares if its a pattern coin" collectors with money to bid this thing up into the millions.To some, who cares if its a pattern? It was made by the mint. So they collect/pay it.

They get their fun this way in the hobby. While most of us might disagree with the mindset of others in the hobby over issues such as coins being "trophies," someone collecting coins for reasons others dictate to them are not having fun.
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 Posted 02/26/2021  5:25 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
Pacific Coin. I disagree. If it were not for the well heeled buyers/investors, those sexy coins would surely be around, just in the hands of collectors with modest means.

I've been buying collections for decades now. Some ordinary people have extra ordinary coin collections. My shop was responsible for bringing one of the best Stella's in existance to the market. From a quite ordinary person. Also in this collection was a complete shield and Liberty nickel collection, minus the 13. All in MS. The Grandfather of the person we bought this from had been corresponding with the Philladelphia mint in the 19th century. Every year he brought a proof set, and paid extra for an example of each circulation strike for that year. We have the documentation to this day. AS we still have a good portion of that collection which is in our private collections.

We have seen some very "sexy" coins from some very ordinary collectors. Trust me they have not fallen into the cracks and been lost!
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 Posted 02/26/2021  6:31 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I still don't know why this is considered a classic coin? In my opinion, this is a novelty coin, never meant for circulation. I think think the 1913 altered V nickel found in the guy's grandfather collection is more a conversation piece than this coin.
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 Posted 03/01/2021  11:19 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If it were not for the well heeled buyers/investors, those sexy coins would surely be around, just in the hands of collectors with modest means.
I agree, of course.
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 Posted 03/01/2021  11:53 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I know a woman who asked me to look at a "fake" coin for her. She said it had been her Dads and he got in cirulation in 1963, but "knows" its a fake.

Lo and behold it's a 1913 V nickel in VG. I ask her how she knows it's a fake. "Obviously it's a fake. How could my Dad have possibly found a coin worth thousands of dollars in pocket change".

I offered to send it and have it attributed for free, as it matchs the known real ones. She is a woman of modest means, but is just so shy about being burned. I guess for her it's "Schrodingers coin". It is both real and fake at the same time.

She does keep it in a safe deposit box with some other things, so at least it is safe. I have to agree I bet it is a fake...but stranger things have happened.
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 Posted 03/02/2021  01:41 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
@jmkendell,

Please post result of this 6th 1913 V nickel when available, and have you taken pictures of it?

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