Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Need Help On Decision Whether To Buy A CC $

To participate in the forum you must log in or register.
Author Previous TopicReplies: 24 / Views: 2,484Next Topic
Page: of 2
Pillar of the Community
United States
1450 Posts
 Posted 12/18/2016  9:24 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
If it were me I would try to get a 1978-CC Morgan in at least AU condition. They look so much better than Morgans in VF. There is a reason the rim damaged VF coin is being sold cheap.
Pillar of the Community
ExoGuy's Avatar
United States
4419 Posts
 Posted 12/18/2016  9:25 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
IMHO, there's virtually no financial downside with this purchase. The $65 price is about half the cost of an undamaged coin, AND it's certified.
Pillar of the Community
billjones's Avatar
United States
1499 Posts
 Posted 12/19/2016  08:26 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
The last thing I'll say about this is that here is an example of why "John Q. Public" collectors get low ball offers for their coins when they or their family take their collections to a dealer to sell. Problem coins of denominational date and mint mark combination that are readily without defects often sell at great discounts. They are harder for dealers to sell, and dealer pay less for them as a consequence.

The fact that this coin is ANACS graded is worth something only because of the number of Chinese counterfeits. Otherwise it doesn't mean anything. Depending on the size and location of the rim nick, there could be a huge downside on this coin.
Pillar of the Community
Learn More...
scopru's Avatar
United States
5029 Posts
 Posted 12/19/2016  08:46 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
I would hold out and find a coin that is problem free.

On the flip side - if it is something you simply want to add to your collection then I would try to get the dealer down since it is a problem coin.

At the end of the day it is your call what to do since you see the coin and you know what you plan on doing with the coin.
Pillar of the Community
United States
1450 Posts
 Posted 12/20/2016  9:23 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
I had a 1938-D LWH that was in at least MS condition. However, some idiot had scratched a name of the coin. It was worth nothing because of that defect. Problem coins are so hard sell to real collectors when they can get good defect free coins.
Bedrock of the Community
United States
20753 Posts
 Posted 12/20/2016  9:31 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
When asking anyone if you should buy or sell something, you'll always get lots of responses. Remember it's your money and your choice. Regardless of what anyone says, they usually don't care to much since if the info is good, they take credit. If the info is poor, those that made it just move on. It's your money, use it as you want.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 12/20/2016  9:37 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Damaged coin, bottom of the barrel. Pass.
Pillar of the Community
Bryan78's Avatar
United States
1068 Posts
 Posted 12/23/2016  9:06 pm  Show Profile   Bookmark this reply Add Bryan78 to your friends list Get a Link to this Reply
So did you end up buying the coin or not?
Pillar of the Community
CoinCollector2012's Avatar
United States
8137 Posts
 Posted 12/23/2016  11:44 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
I think that if we saw a pic of the ANACS coin, we would be able to give a better verdict on weather it's worth $65.

My advice: Don't get it. Save your money and buy a problem free one. You will thank yourself later and the coin will be much easier to sell when the time comes.
  Previous TopicReplies: 24 / Views: 2,484Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.27 seconds to rattle this change. Forums