Posted 05/06/2020 05:33 am
As noted by commems I have written extensively on the pursuit of honestly circulated classic silver commemoratives. Although I have been silent for awhile on the topic its not a lack of interest but rather the lack of market availability of any additions (downgrades) to my set.
Over time, I've expressed in various ways the drivers for a collector to pursue such a set. I suppose the most succinct explanation is that these coins were not intended to circulate and as such finding acceptable examples is true numismatic challenge requiring long term planning horizons and perseverance. 'Deep pockets' will not complete the collection; rather a deep reservoir of patience is required.
To the ebay example of a G4 California - there was no true spirited bidding completion for this coin as it is not 'low' enough in grade to attract the attention of myself or the other top flight collectors of the series. My set has a PCGS G4 example and the top set has a PCGS FR02 example.
That said - if this coin were certified PO01 the winning bid would have been substantially higher and likely pass into 4 figure range.
Over time, I've expressed in various ways the drivers for a collector to pursue such a set. I suppose the most succinct explanation is that these coins were not intended to circulate and as such finding acceptable examples is true numismatic challenge requiring long term planning horizons and perseverance. 'Deep pockets' will not complete the collection; rather a deep reservoir of patience is required.
To the ebay example of a G4 California - there was no true spirited bidding completion for this coin as it is not 'low' enough in grade to attract the attention of myself or the other top flight collectors of the series. My set has a PCGS G4 example and the top set has a PCGS FR02 example.
That said - if this coin were certified PO01 the winning bid would have been substantially higher and likely pass into 4 figure range.
Take a look at my other hobby ... http://www.jk-dk.art
