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 Replies: 29 / Views: 4,948 |
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Valued Member
 United States
76 Posts |
I agree on those dang carbon spots. I also agree about this ponzi scheme of a coin market. You buy in early on the latest error and the market falls like heck with everyone finding similar coins (supply and demand). I am not looking to get rich but I do like coin collecting and just want to see if some of this stuff actually sells.
Anyway, I am enjoying the forum here and all the helpful comments. Take care.
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Rest in Peace
United States
7075 Posts |
While I wouldn't call the error coin market a Ponzi scheme, I do find that the prices for error coins are all over the place. I had an error coin slabbed and it cost a lot more than it will ever be worth but it was the first error coin I ever found and I'd had it since I was a kid and I have an attachment to it that is purely emotional. So I spent the money. Generally, the folks here wouldn't get a coin slabbed unless it was worth more than $250. I've seen that amount mentioned more than a few times. I could see doing it for a coin that was worth less than that if you needed the error or variety verified. But I don't think you do. You could, for now, just keep it in a safe place and decide later about getting it slabbed. No harm in waiting for a while. By the way, I forgot to mention that I think you got some decent photos.  |
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Valued Member
United States
76 Posts |
Thanks Buddy. Much appreciated. I think ponzi scheme is a bit strong for me to use. However, the values drop quickly after a few years since I think people start finding the coins (due to high dollar sales) and putting them to market, thereby driving the prices down. Thanks for the good advice and take care.
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Moderator
 United States
56855 Posts |
I was going to post a pic of my two 1988 and one 1988-d RDV006.2,but photo bucket is holding my photos for ransom so no pics.Sorry. John1  |
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Bedrock of the Community
United States
19966 Posts |
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Bedrock of the Community
United States
19966 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
76 Posts |
Wow those are beautiful coins. Thanks for sharing. I think that about half of the coin buying is emotional and about half is more technical (looking at perfections/imperfections). Everyone has their own passion or specialization in coin type. For whatever reason, I really enjoy the LMC...the beauties like you posted and even the crusty toned ones. Take care and thanks again for sharing. |
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Bedrock of the Community
United States
19966 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
19966 Posts |
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Valued Member
United States
76 Posts |
Those coins are gems. That 70 D has incredible toning? Did you buy that one or just find it in a roll?
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Bedrock of the Community
United States
19966 Posts |
I think I found that 70D roll searching. Getting old and losing track! LOL
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Bedrock of the Community
United States
20753 Posts |
 Sort of an answer to your original question. I wouldn't send any of your coins in to be graded. However, many people send in plain old simple regular coins for grading and slabbing all the time. So odd when I go to coin shows and see coins worth hardly face value in a slab and selling for much less than the cost of the slabbing. Way to many people are just slab happy today. My suggestion is keep your coins as is and enjoy what you have for yourself. |
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Bedrock of the Community
United States
19966 Posts |
Carl offers sage advice! BTW, Carl's hobby is cracking slabs.  Edited by BadThad
10/29/2017 12:17 am
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Bedrock of the Community
United States
19966 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Replies: 29 / Views: 4,948 |
First Page
Posted 10/25/2017 10:08 pm
