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








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!

Would You Get This 1994 LMC Graded, And Is Abe Spiked Or Is He Speared?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 2,703Next Topic
Page: of 2
Pillar of the Community
fortcollins's Avatar
United States
3667 Posts
 Posted 11/12/2018  1:35 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
First,

Please indulge a coin curmudgeon for a few minutes.

In local shows, I've been able to sell groups of minor die chips (plugged 9, plugged 5, BIE, plugged B, skirted R, etc.) in bags of 10 or 12 for $4.00. Ditto for most of the other minor errors and varieties. People buy them because they are different and interesting and cheap, and for some people, it starts them on the great scavenger hunt. That's why I even bag them and sell them for so little, to encourage new collectors.

The fun is in the collecting. For many of us, it's a return to our roots, when we were kids and looked through change at the kitchen table for treasures needed to fill Whitman albums. Today's circulating coinage is ugly garbage. (Sorry for the bluntness.) Zinc cents are future piles of Zinc Oxide for lifeguards' noses, and little else. CNC clad coins are boring, and the designs are far too long in the tooth. The other coins are just NCLT. The state, territory, and parks quarters were initially interesting, but have lost the excitement with endless production of endless series. There are simply too many minted and lots of very poor designs (e.g., Wyoming State Quarter) that are hastily executed to meet production schedules. The "cool coins" disappeared from circulation decades ago. It is unlikely that we will have significant coin redesigns because everything is political now and, except for quarters and dimes, circulating coins themselves are unwanted dinosaurs in the modern economy.

What remains is the opportunity with error and variety collecting to go beyond date and mint and find something that few others have found. The thrill of the hunt and the joy of the discovery are what keeps the hobby alive.

According to Dr. Wiles, no collector has yet assembled a complete collection of repunched mint marks or a complete set of doubled dies in the Lincoln series. Even short sets are a real challenge. Try assembling a common date set (1934-58) of Lincoln cents with BIEs. Try assembling a full set of the Avogadro's Number of 1960-D repunched mint marks. Both are nearly impossible. The fun is in the challenge. Let the coins-are-a-business crowd chase their cash, and enjoy collecting as a hobby again.

Exit curmudgeon mode.
Valued Member
Kawliga's Avatar
United States
212 Posts
 Posted 11/13/2018  02:33 am  Show Profile   Bookmark this reply Add Kawliga to your friends list Get a Link to this Reply
I understand what you're saying, but it must be some kind of inherent personality difference because I feel exactly the opposite. I've never been able to appreciate challenge for challenge's stake, leaning instead toward the exotic and beautiful whether achieved through much effort or not. I'm that person who thinks marathon runners are nuts, and although I have climbed mountains the reward is 100% the view at the summit, which I would be just as happy to drive up to if I could.
I never had the kitchen table of coins experience you describe as a kid. The thing I still do that links back to my roots is aquarium fish, raised them since I was little and now catch/buy/breed many wild and domesticated species, and ship them all over the country. But even in this hobby, the goals are somewhat bifurcated between those who like what is challenging and those who like what they like. For instance, there are a lot of people who consider a solid black guppy or solid white betta holy grails, because they are extremely hard to breed and therefor hard to find. Me, I just think, well there are plenty of other beautiful species you can get that are solid black or white, without breaking your wallet. Meanwhile guppies and bettas are the most colorful and diverse fish there are, so if I'm going to stretch my budget for them it'll be gonzo psychedelic looking ones! And luckily there are a good number of other aquarists who agree; they are my customers and trade buddies.
In short, I guess what I'm saying is I don't understand why with coins the market seems to be so much more 'challenge'-skewed. The existence of collectors whose goals are all about completing this or that series or set doesn't surprise me, but the relative absence of people seeking the sheer 'weird' --that does surprise me and disappoints me, I must admit.
Pillar of the Community
United States
520 Posts
 Posted 11/13/2018  03:14 am  Show Profile   Bookmark this reply Add Rabbithole1 to your friends list Get a Link to this Reply
Fortcollins..I absolutley loved your comment! It certainly is the thrill or "treasure hunt" for me. Id rather have a hobby I enjoy rather than just playing lottery tickets. It does bring back childhood memories ..and deep down (just like when I was a kid) I feel anything is possible..and that in itself makes it so enjoyable. If I set a goal to complete a set and I achieve it..its very rewarding ..even if its only wheat cents. :)
Valued Member
Kawliga's Avatar
United States
212 Posts
 Posted 11/13/2018  3:29 pm  Show Profile   Bookmark this reply Add Kawliga to your friends list Get a Link to this Reply
I should clarify, I DO thoroughly enjoy this kind of hunting; I just don't seem to have any interest in having the coins for myself. I don't understand it.
  Previous TopicReplies: 19 / Views: 2,703Next 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 0.23 seconds to rattle this change. Forums