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Replacing Coins With Better Grades Question.

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Pillar of the Community
Rackster's Avatar
United States
4809 Posts
 Posted 07/02/2016  4:01 pm  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
Lincoln - I'm doing pretty well...summertime is my favorite time!

I'm glad a little of what I said had some value for you. I'd keep all WAMs I might find as they do have some value and the ones less 'flip worthy' are still something folks would trade for while they wait for something better to come along. I traded an AU 2000 WAM for a BU 1968S DDO a couple years back. A great swap for both sides as neither of us had what the other had duplicates of. You never know!!

I think it's a good idea to put most trade worthy coins into flips for protection and better organization/access. So when the opportunity to upgrade a coin in your collection (or to acquire one you don't have) presents itself, you can act quickly.

Thinking more about this in relationship to coin collecting as a whole, what someone does with extra coins and duplicates is really part of how they might define collecting. Having one in any grade might fit one person's definition while another might feel they need to upgrade as they go along (but only keep one; reduce the clutter and lighten the load as one member has sort of put it). Others have collections...but larger hoards. That might be their definition. So it depends on how you see it; what do you need to make you feel fulfilled? A sparkling set of MS coins? A mix of grades? Set or two with a side 'hoard' or two?

No right or wrong answer. It is whatever each of us makes it out to be.

Moderator
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jbuck's Avatar
United States
188440 Posts
 Posted 07/03/2016  12:33 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
jbuck really?
When I see a moderator I think that they are the ones with only MS coins.
Like the big wigs.
Now that is funny right there.

Almost all of my modern business strikes coins were collected from circulation (there are a few, rare exceptions). While many of the coins from the early 1980s to date are AU-MS, most everything before the 1980s will have considerable wear and grade much lower.

The coins not found in circulation, the ones bought to fill holes, are mostly middle and lower grades as well. The primary reason is because of my budget, but also because I like coins with some history; coins that have been places, seen things.
Bedrock of the Community
United States
20753 Posts
 Posted 07/04/2016  4:29 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My list of needed or wanted coins is usually and mostly a replacement list. I look for a coin in better shape than what is in my Albums. When I find one, it goes into my Album and the one there now goes into a 2x2 flip and then into a Whitman 2 row cardboard box. If and when there are enough in that box for a set, I get a new Album and start a new set. I many instances this grows to numerous sets since I never sell coins. The best coin goes into what would be set #1. From there they get progressively in lower grades from set to set. For example I'm now on set #12 for Mercury dimes and set #1 is almost all FSB. Only the 26S left in that set to acquire in FSB. Worst part of this is when I get a nice coin for set #2 or #3, I have to move all those other coins from set to set. Same with all my sets and now well over 100 Albums and several boxes of coins in 2x2's.
I sure hate to think of someone in the future trying to figure out what to do with all this stuff.
Bedrock of the Community
NumisRob's Avatar
United Kingdom
17932 Posts
 Posted 07/04/2016  4:48 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Yesterday I 'upgraded' a coin that has been in my collection for 40 years! In 1976 I found a holed 1855 French Napoleon III 5-centime piece lying on the sidewalk in Lyon - and yesterday I found a better specimen of the same coin among the lot of coins I bought at the Sunday Market. I felt a little guilty about removing the old friend from my album!
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