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 Replies: 32 / Views: 4,011 |
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Rest in Peace
United States
18456 Posts |
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Pillar of the Community
United States
7375 Posts |
Whoa!  |
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Pillar of the Community
United States
3151 Posts |
so if you offered 120K for this coin and bought it how long would you have to keep it to realize a profit?
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Pillar of the Community
United States
7375 Posts |
It's actually a fair asking price. Checked Heritage archives and 4 sold in the last 15 years for between 98K and 196K.
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Pillar of the Community
United States
4932 Posts |
Looks like a good coin that would qualify for a pocket piece...  |
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Pillar of the Community
United States
2200 Posts |
I see 46 watchers. I wonder if they actually have the dough or if it's just because they need a daily salivation fix?
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Pillar of the Community
United States
2200 Posts |
Hey, I recognize that coin! I used it to buy some bubble gum back in 1965. Small world.
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Pillar of the Community
United States
6370 Posts |
I'm probably the only one not salivating because I don't care about super-high-grade key-date coins. In fact, I don't care about key dates in general. They have become overly commercialized to the point where it is just bandwagon to have one. I'm sure many people on this forum will disagree with my views, but I completely despise the "You're-not-a-true-numismatist-until-you-complete-this-set-with-the-overly-valuable-key-date" view towards these coins.
The only good thing about key dates is their investment potential, nothing more. They are expensive, highly-counterfeited, and sometimes priced far more than what they should be worth.
This is why I like type collecting: far more history is packed into each piece in the set, much more variety from coin to coin, and I get to choose what constitutes a "complete" set.
But to each his/her own.
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Bedrock of the Community
United States
94367 Posts |
Not to nit-pick, but that lower cross-band doesn't look full!  |
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Moderator
 United States
23522 Posts |
Quote:
so if you offered 120K for this coin and bought it how long would you have to keep it to realize a profit? This price is considerably less than most auction results for similar coins. The last 67FB hammered for $200k. Doesn't look overgraded, either. In relative terms, this is a pretty good price. |
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Pillar of the Community
United States
2233 Posts |
 why didn't I travel back to 1916 and save those dimes! |
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Rest in Peace
United States
17900 Posts |
David just dropped his price over $16,000, so you can grab it NOW!
Actually, TypeCoin, I agree with almost everything you said.
I have seen so many examples in this forum of folks absolutely having to complete a set or they consider their collections as worthless slime. Bah..
Supply and demand should be the reigning elements in coin value, but often those laws of economics are overshadowed by the hoopla.
I collect by date. If I have one of each denomination from each date in the grade and condition I like, I'm happy. In the case of the 1916 dime, I have a screaming bright Philadelphia that I'm perfectly happy with.
It's pretty rare that all the date and mint mark combinations for a date are rare. So I'm not tied to what I HAVE to buy. I can take advantage of nice coins at good prices when I find them.
1815, non-withstanding...
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Pillar of the Community
United States
4932 Posts |
Sell my house to buy a coin?
I think not.
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Bedrock of the Community
United States
20753 Posts |
That one would go right into my Album.
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Pillar of the Community
United States
7390 Posts |
You're a homeowner already drew?  And I wouldn't doubt it Carl  |
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Pillar of the Community
United States
4337 Posts |
that is a beautiful coin regardless of the "D" |
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Replies: 32 / Views: 4,011 |
Posted 08/01/2015 12:17 am
