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 Replies: 11 / Views: 1,381 |
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Pillar of the Community
United States
4337 Posts |
On a personal level and with regards to classic coins, this forum shows me truly where collector goals are. For instance, it is becoming more and more infrequent to see Liberty Seated coinage for grading and show and tell. I see tons of Bust Halves, early copper and Morgans. I am typing this because I am curious, do you see the forum as a needle with which to gauge what you will or will not add to your collection? From an investor standpoint, would you buy a high grade rarity issue in a particular series you would never have bought due to the impression that perhaps you can turn around in several years and unload it that much easier due to the trend in demand that a forum shows you? Just sparking convo.  |
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CCF Sponsor
United States
702 Posts |
Well, not I. (Sorry!)
I collect what I like. I learn about stuff here, but I don't make investment decisions based on what I see. I suppose in the larger sense it may play more of a subconscious role in my "instestment" coins, but not directly. I use a ton of other resources to make those decisions.
But perhaps I should re-evaluate that position!
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Pillar of the Community
Canada
4944 Posts |
Quote:On a personal level and with regards to classic coins, this forum shows me truly where collector goals are. For instance, it is becoming more and more infrequent to see Liberty Seated coinage for grading and show and tell. I see tons of Bust Halves, early copper and Morgans. I am typing this because I am curious, do you see the forum as a needle with which to gauge what you will or will not add to your collection? From an investor standpoint, would you buy a high grade rarity issue in a particular series you would never have bought due to the impression that perhaps you can turn around in several years and unload it that much easier due to the trend in demand that a forum shows you? I agree that the forum does make it clear as to which coins are most popular right now, but the popularity of every series is always changing. I don't believe that there's an accurate way to determine which series will be more popular than another in the future. You could always try and make an educated guess, but you would still be basing your investment off of your best guess, in hopes that you will make the right pick, and get lucky in the future. If someone is serious about investing in coins, the best way to go about it would be to learn as much as possible about a single series. Then take their time looking at as many coins in that series as they could, and then buy only the highest quality coin(s) available, with the best eye appeal. Collectors will always pay top dollar for an outstanding coin. Just my opinion of course. |
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Pillar of the Community
United States
3540 Posts |
Believe it is simply, supply and demand. The supply on Seated Liberty coinage is a very small percentage at any show, shop, or, even online - when compared to IHC, Lincolns, Buffs, Mercs, etc. Believe, and wish I am wrong, quite a bit of silver anything was melted in the last two spikes in silver market spikes. Unfortunate, but true. I have often wondered, if every coin dealer would share their inventory numbers across the nation, just to see what is exactly out there. |
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Pillar of the Community
United States
4897 Posts |
Edited by amida17
11/06/2014 12:39 am
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Pillar of the Community
United States
602 Posts |
Well, what you could do is just buy some of every coin type and not have to worry about not having any of the latest "popular" coins because you have them all anyways  |
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Moderator
 United States
16677 Posts |
Collecting is first and foremost with me in the hopes that my coins gain a little value in the future..based on my decision making ;-)
swcoin.ecrater.com
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Pillar of the Community
United States
4409 Posts |
Seeing what others collect, has peaked my curiosity/interest in some series and I have added some coins to my collection for that reason. I never thought about Seated dime varieties until I saw one of your posts. I haven't actively pursued them lately. I work on building my knowledge, learning about a particular series before I make any high dollar purchases. I want to make sure I am being smart with my money. -MV |
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Bedrock of the Community
United States
36558 Posts |
Other than for a type set, Liberty Seated coins just hasn't had any appeal for me. I would be in the camp with those that like Large Cents and Bust Halves. |
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Pillar of the Community
United States
8137 Posts |
I do think that what coins are posted here are a good way to see what people collect, I think it has more to do with seeing what coins people need help on. I used to know close to nothing about grading Bust halves. Since so many have been posted here, I have a lot of practice so now I have gotten better.
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Pillar of the Community
United States
3540 Posts |
Visiting this topic again. In terms of dollars, there are several series that have near top grade coins, for the same price as a VG or F grade in several of the "classic" series of coins. So, one cannot argue with what catches the eye....therefore the checkbook. IMHO, an XF or better capped bust coin, is a real looker...in terms of art. Oddly enough, I have never seen one in circulation. But, HAVE seen a Seated Liberty dime found in circulation, by my oldest brother. Series to be collected, may have been dictated many moons ago for/by each collector by their experience, memory passed down by another generation, hobby/merit badge, or by happen stance. Edited by acloco
11/06/2014 9:51 pm
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Pillar of the Community
United States
3540 Posts |
dsfreeworld - Your question...makes me ponder. I guess this a good thing.
Taking a step back and looking at the market for the past 2 years specifically, several MAJOR...no...let me rephrase that, several of THE top collections have been auctioned. For some of these collections, some were assembled by true numismatists, a few, were numismatist/investor, and some were only investor collections.
So, back to your question, was the timing right for them to sell market wise or financially....or both? Or neither?
I try to think of myself as a numismatist. I do consider each and every coin I look at...on coin's merit. Is this an XF? AU? If the particular coin fits my collection, then I consider the price point - either accept, counter offer, or walk away.
Will my collection ever make it to a major auction? No, never. Probably be liquidated at an estate sale.
To help answer your first question, I imagine, that WE, as numismatists, WE should be showing others WHO, WHAT, WHEN, WHERE, HOW, and WHY.....we do what we do. :)
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Replies: 11 / Views: 1,381 |
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Posted 11/05/2014 8:24 pm
