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Less Rare Higher Grade Or More Rare Lower Grade?

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panzaldi's Avatar
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 Posted 06/13/2013  2:37 pm Show Profile   Bookmark this topic Add panzaldi to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Would you rather have a less rare coin of higher grade or a more rare coin at lower grade? for example...would you rather have an 1864 Indian cent in MS63 or an 1864L in EF40?

Poll Choices
 Less rare higher grade
 More rare lower grade

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solotime's Avatar
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 Posted 06/13/2013  2:49 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
High grade of any year, don't matter to me :)
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denco7's Avatar
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 Posted 06/13/2013  3:00 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I like to collect things that no one else has. Isn't that part of the thrill of collecting ? Who cares how nice the coin is, if " everyone and their grandmother " has one.

Would you rather have a dusty old '69 Boss 302 Mustang or a mint '85 5.0 L Mustang II.

Give me the beat up classic.
Edited by denco7
06/13/2013 9:20 pm
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Moe145's Avatar
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 Posted 06/13/2013  4:13 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

Quote:
a dusty old '69 Boss 302 Mustang


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muddler's Avatar
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 Posted 06/13/2013  4:18 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Actually I would prefer a 68 fire bird 400.
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thq's Avatar
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 Posted 06/13/2013  4:34 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Both.

For the less rare high grade, coins I like the appearance of such as walkers and Peace dollars.

For the more rare low grade, the obscure low mintage historically significant like pre 1860 San Francisco and Charles X coinage.

Everything between these extremes is not so interesting.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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 Posted 06/13/2013  4:58 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Both:
If I'm completing a 'Type Set', I want the highest grade common date of the series. If I'm collecting a series, I'll take a low grade rare coin and a high grade condition rarity.
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jbuck's Avatar
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 Posted 06/13/2013  5:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
and '85 5.0 L Mustang II.
If you can find me a 1985 Mustang II I will take it, considering they stopped making the Mustang II in 1978.

(1985 is a 3rd generation)

To answer the OP, chances are I already have both. It depends on the hole I need to fill. Considering what I have left to fill (key dates), More rare lower grade.


Quote:
If I'm completing a 'Type Set', I want the highest grade common date of the series. If I'm collecting a series, I'll take a low grade rare coin and a high grade condition rarity.
Sounds like a plan.
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Tbone's Avatar
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 Posted 06/13/2013  5:05 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
Neither for me actually. I'd rather have a really nice looking rare coin. Even if it means I'm only able to own very few of them.
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basebal21's Avatar
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 Posted 06/13/2013  5:53 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Between the two options I would take the rarer key date in a lower grade especially if theres a huge jump in value in the next grade up.

There are exceptions though as I prefer a civil war date over others so if you asked me if I wanted an 1864 Indian of an 1908 S Id take the 64
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solotime's Avatar
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 Posted 06/13/2013  6:46 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
THIS is about coins people...

That's why I said high grade coin. I don't care if something has low mintage. I want what I like.
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thq's Avatar
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 Posted 06/13/2013  7:37 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
After doing this for 40 years, for me it's way more than about coins. Pre Civil War S silver coins are typically roughly used, they were so scarce that fractional gold was used in their place. French coins were often intentionally defaced by scrapeing at the mint to adjust their weight, and add to that all the interesting counterfeits, crude overstrikes and satiric engraving. Then there are the cobs, with their heritage of hand striking and corroded sunken treasure. Ugly coins carry the marks of history far better than MS65 slabs of 1921 Morgans.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/13/2013 7:44 pm
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 Posted 06/13/2013  8:09 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I'd probably rather have* a XF-40 over a MS-63 whether rarer or not (unless it's either slabbed - in which case I'll take whatever is worth more and sell it - or worth so much more in the higher grade that I could sell it, buy a XF and still get some money left over). But with the coins I tend to collect and with realistic ranges on what I could afford, I rarely get far above, say, F-12 - except maybe in the region traditionally called "junk silver" (where higher grades are so common that they don't cost much more than lower ones - that's how I got my XF 1917-S Mercury dime, which I feel is one of the most beautiful coins in my entire collection).
Most of what I do so far is basically type sets; where I look for any "rarities" in as low a grade as reasonably possible because I probably couldn't afford it otherwise (you try finding a "cross kopek" [a Russian two-year type from the 1720s] for under $30 in any grade - I thought I'd never get one of these in my collection until I found a really low grade one for $20). I do have a few "common" coins left to upgrade, but really I'm fine enough with just having them in any grade - as long as I can identify the type, and the date if applicable
I already have an 1864 IHC, by the way (it's the cupronickel version - so certainly not a L - and in VG at most... don't remember its grade precisely). Got it from a fellow CCF member; never saw any on sale (not physically anyway).


*) for reasons mainly related to preservation... I have reasons to suspect that in what passes for storage at my collection, a MS-63 coin might not remain MS-63 for long - except maybe if it's in a 2x2
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Gyrene7483's Avatar
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 Posted 06/13/2013  10:27 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
I would take an 1864 copper nickel Indian cent in MS-63 over the bronze 1864 L in the lower grade.

Ed
ANA LM-3175
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GR58's Avatar
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 Posted 06/14/2013  01:10 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Interesting question .. I thought about and really could not answer .. if I am buying ... each coin could be different .. I think I would buy which ever was the best deal.

Then there is my type set .. For the Lincoln Memorial cent
I have a 1972 DDO that is .. maybe AU, where I could stick a really high grade common coin ...

But then for my Peace dollar I have a CH BU 1922 or 1923 .. but in my over flow boxes I have a couple 1921's and a 1928 .. that are more VF/XF

If there was a option .. rare date ... high grade .. I would choose that one

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miket's Avatar
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 Posted 06/14/2013  9:28 pm  Show Profile   Bookmark this reply Add miket to your friends list Get a Link to this Reply
Jbuck ya ever wonder why.Boy was the 'stangII a bust

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