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How Worn Will You Accept For A Desired Coin?

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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/29/2012  2:17 pm Show Profile   Bookmark this topic Add FinanceGuru to your friends list Get a Link to this Message Number of Subscribers
The idea of owning a 1793 US penny is intriguing but the nice looking coins are $10-$40 thousand!

I've seen some that are heavily worn.

Is there a coin you want that you would consider a heavily worn version or is the coin clarity too important?
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basebal21's Avatar
13014 Posts
 Posted 09/29/2012  4:18 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Id get heavily worn coins if theyre super expensive otherwise. With older coins most of the worn ones still look real good and to me the wear adds history to it anyway. Not all worn coins look great, but if you find one you like and want a coin like that I wouldnt hesitate to pull the trigger
Pillar of the Community
United States
3184 Posts
 Posted 09/29/2012  4:27 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
I just don't like something worn. I at least want to see full dates. If its something that is far too expensive and I still cant see the date, I pass and get over it.
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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/29/2012  5:08 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
I was thinking the same thing about the dates. I have to be able to at least see the dates & mostly make out the original image. It doesn't have to be very clear but it should be recognizable as the coin.
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Mr T's Avatar
Australia
2180 Posts
 Posted 09/29/2012  7:25 pm  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply
The lowest I'd go is VG for a really expensive coin, but I don't think many of the coins I collect are even sold in lower condition (junk silver excepted).
Just how worn a 1793 penny can you get?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/29/2012  7:44 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Consider my avatar, and contemplate just how subjective wear is to two differing collectors. My answer to your question is obvious; maximal wear is the specific criteria for one sub-group of what I'm collecting.
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/29/2012  9:43 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Given the fact that a G4 specimen will set you back around $8,000, I opted for this coin, which PCGS gave a PO01.
Well, you have my answer :-)

How-Worn-Will-You-Accept-For-A-Desired-Coin?
How-Worn-Will-You-Accept-For-A-Desired-Coin?
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edgman's Avatar
United States
402 Posts
 Posted 09/29/2012  10:10 pm  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
Thought my 1802 was bad. I would go no lower grade than this coin. Mine is not as expensive but I wish I wouldn't have bought it in that bad of condition. Looks like a blank in my Dansco album. Just my opinions.

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argentum's Avatar
United States
1195 Posts
 Posted 09/29/2012  11:04 pm  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply
*cough*

vermontensium, that cent takes the cake. WOW!
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craig piette's Avatar
United States
71 Posts
 Posted 09/30/2012  02:41 am  Show Profile   Bookmark this reply Add craig piette to your friends list Get a Link to this Reply
If its affordable!
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/30/2012  02:52 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
By the way, my PO01's consist of the above mentioned Chain Cent, a Liberty nickel, and Merc.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/01/2012  11:21 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I have several Poor-1 coins in my collection. There are coins that are rare enough or expensive enough that even in that condition I'm lucky to have them. When you are looking at a coin that is actively sought after, high priced and only about 20 pieces are known to exist in ANY grade and the third finest known is only a G-4 you take anything you can get and thank your lucky stars.
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United States
366 Posts
 Posted 10/01/2012  2:20 pm  Show Profile   Bookmark this reply Add JobIII to your friends list Get a Link to this Reply
If the coin is one I really want. I'll take it in just about any condition. If I'm willing to maintain some kind of composure I'd say a readable date.
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 10/01/2012  5:33 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
It depends - I often look for attractive coins, or coins displaying history.

With ancients their age means that I feel priviledged to have any coin at all - consider it like this, every coin is a piece of art pressed into solid metal.

I have 30 examples of Ancients Roman and Greek art sitting on my shelf. Not in good condition, but thats what they are. I have a worn example of a genuine contemporary portrait of Victoria. Perspective.
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jbuck's Avatar
United States
188440 Posts
 Posted 10/01/2012  6:37 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Eye appeal is key to me.

I am confident that there is at least one PO-01 coin out there with the eye appeal to fit in my collection.
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platinrubel's Avatar
Austria
194 Posts
 Posted 10/01/2012  6:59 pm  Show Profile   Bookmark this reply Add platinrubel to your friends list Get a Link to this Reply
for me, the condition of a coin is not really important.
a lot of coins are more or less damaged - that shows that this coin was in circulation. and this is important for me. this shows me the authenticity of the coin.

reason: I collect contemporary counterfeits, struck in platinum
Edited by platinrubel
10/01/2012 8:47 pm
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