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Need Advice On A Coin Purchase

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Valued Member

United States
50 Posts
 Posted 07/18/2017  09:29 am Show Profile   Bookmark this topic Add 120grain to your friends list Get a Link to this Message Number of Subscribers
I need some advice, I am working on a circulated classic commemorative type set, still working on the first page of the book. My question is, which coin should I go after next, the Lafayette dollar or the pan pacific half dollar. I wasn't sure which one would be considered key over the other. Thanks. Ps I now have 9 out of the 15 coins on the first page.
Valued Member
United States
338 Posts
 Posted 07/18/2017  11:09 am  Show Profile   Bookmark this reply Add nutmeg to your friends list Get a Link to this Reply
Both of them are expensive. I would want to get the dollar out of the way first.
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commems's Avatar
United States
12281 Posts
 Posted 07/18/2017  11:12 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
There are several collectors here in the US Commemoratives forum that also collect circulated examples of the series - I'm sure one of them will be along to offer their thoughts.

What circulated grade are you targeting?

From reading the comments of those who collect the circulated pieces, it appears they purchase the coins in whatever order they become available vs. going after them in a specific sequence. Many of the classic commemoratives are difficult to locate in the lower circulated grades and passing on an example because it is not the specific "next one" you are seeking could prove to be a mistake - it might be quite some time before you see another example of the coin on which you pass.

Good luck on your challenging endeavor!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Valued Member
United States
50 Posts
 Posted 07/18/2017  11:49 am  Show Profile   Bookmark this reply Add 120grain to your friends list Get a Link to this Reply
Thanks for the replies nutmeg and commems. I am collecting in the fine -extra fine range of coins and just wondered all things being equal which one I should spend money on. I know the first page is the easiest to finish so I wanted to complete at least one page lol. I am missing the Queen Isabella Quarter, Lafayette dollar, pan pacific, Illinois, Missouri, and Hurgenot coins. At the end of the month, I will be able to buy one of these tougher coins so I was just curious to which one to get.
Edited by 120grain
07/18/2017 11:51 am
Pillar of the Community
United States
1913 Posts
 Posted 07/18/2017  3:12 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
commems beat me to what I was going to say. I think it's good advice for coin collecting in general.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/18/2017  4:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, good advice from @commems as usual.



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CelticKnot's Avatar
United States
12839 Posts
 Posted 07/18/2017  8:03 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
indeed and please keep us updated (preferably with photos )
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jbuck's Avatar
United States
188770 Posts
 Posted 07/19/2017  12:31 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
please keep us updated (preferably with photos )
Yes, please.

Need-Advice-On-A-Coin-Purchase
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Parklane64's Avatar
United States
2668 Posts
 Posted 07/19/2017  3:16 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
It's my personal opinion that the Pan Pacific half will go up in cost faster.

I've got good judgment because I've got experience.

I got experience from bad judgment.

Valued Member
United States
50 Posts
 Posted 07/21/2017  12:24 pm  Show Profile   Bookmark this reply Add 120grain to your friends list Get a Link to this Reply
I ended up finding a graded pan pacific half on ebay, should be here next week. It is a little more wore than the rest of my coins, but a nice strike and I'm happy with it.
Since my laptop died, I can't figure out how to post pics with my phone. Thanks all for the advice and encouragement.
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jbuck's Avatar
United States
188770 Posts
 Posted 07/21/2017  6:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I ended up finding a graded pan pacific half on ebay, should be here next week. It is a little more wore than the rest of my coins, but a nice strike and I'm happy with it.
Excellent.

I hope you can figure out your phone or laptop situation.
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nickelsearcher's Avatar
United States
15445 Posts
 Posted 07/23/2017  10:21 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I happen to be one of the folks that commems was referring to who is pursuing the classic silver commemorative 50 coin type set in honestly circulated state. If interested .... you can read the history of my nearly 10 year journey pursuing these coins in a long running thread in this sub-forum.

commems offered solid advise which I will enhance just a bit from my experience with market availability of these coins:

Consider my model that the classic silver commemorative series can be thought of as having three distinct 'eras' .... each with a specific market availability when considering only circulated examples.

The 'Pre-Depression' era contributed 20 coins to the type set. All of the coins on the first page of your Dansco are from this era. While not all are common in circulated state, all of these silver commemorative are market available with the exception of the 1928 Hawaiian. By 'market available' I mean that a dedicated collector who is actively searching should come across honestly circulated examples within say a few years. You likely would not miss out a lot long term by pursuing your 'next targeted coin' strategy for coins within this specific era.

That is not the case at all for the 'Commemorative Craze' era of circulated coins. This era contributed 27 coins to the type set and is represented by the peak of the classic silver commemorative issuance years of 1934 through 1938.

With only five exceptions (Texas, Maryland, San Diego, Oregon Trail and Long Island) The 'Commemorative Craze' era coins are NOT market available in circulated condition and certain examples show up very rarely. This is the point commems made well ... you will likely never get far with this collection if you pass on one of these because it is not next on your list. Those of us pursuing the set take them as they come because it's been proven that the next example might take 5 to 10 years to appear in the market.

The final era is the "Post Craze' era and contributed 3 coins to the type set .... Iowa, BTW and W-C. These can be though of the same as the 'Pre-Depression' era coins relative to be generally market available in circulated condition.

I note from above that you have found your Panama Pacific ... good for you. I wish you the best on your journey with these and look forward to some photos someday.
Take a look at my other hobby ... http://www.jk-dk.art
Valued Member
United States
50 Posts
 Posted 07/23/2017  12:38 pm  Show Profile   Bookmark this reply Add 120grain to your friends list Get a Link to this Reply
Thanks for the reply nickelsearcher, I am having fun building my collection. After reading your posts I was motivated to start my own. When I use the picture optimizer, I raise the pics to under the 350 I think, there is no way for me to save the changes and it won't upload. I hope to get another coin this month, my wife isn't as thrilled as I am with my collection lol.
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Debrajc's Avatar
United States
4211 Posts
 Posted 07/24/2017  5:08 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
and we look forward to hearing about your progress.

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nickelsearcher's Avatar
United States
15445 Posts
 Posted 07/24/2017  7:56 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
There is an honestly circulated VF/XF range 1936 Wisconsin Territorial Centennial half dollar available now on ebay ... the $156 starting bid price is fair this this every 2 year available coin.

The known collectors pursuing this set will likely pass ... so its yours if you are ready for the next step of collecting into the 'commemorative craze' era.
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
United States
1913 Posts
 Posted 07/24/2017  8:51 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Knowing that I could get an MS-65 for $250, it would be hard for me to plunk down $150+ on a VF/XF. Unfortunately, that's what is necessary to complete a circulated collection like this.
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