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 Replies: 17 / Views: 2,760 |
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Valued Member
United States
419 Posts |
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Pillar of the Community
 United States
8938 Posts |
The gold piece @John, I've noticed when you do these they often revolve around conditional rarities. Given that most of us aren't really collectors of conditional rarities wouldn't it make sense to compare, say, a Seated dollar and the gold piece than a top pop modern linc and a gold piece? |
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Pillar of the Community
United States
836 Posts |
I would defiantly want the gold.
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Bedrock of the Community
United States
94367 Posts |
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices.
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Pillar of the Community
United States
1373 Posts |
Q & A Time: 1) Does that 1964-D cent look superb? YES 2) Does the one in MY set look as good? NO 3) Would I like to replace my cent with this one? YES 4) Would I pay over face value for it? NO Sorry, but I'm just an old coot that feels that ANY Lincoln Cent after 1958 is worth one penny. With over three-and-a-half billion 1964-D cents out there, I'm sure there are still plenty nice ones that I'd accept in pocket change. That said, I'd positively take the older 5-dollar coin, even though it doesn't really interest me. I'm sure I'd have a better chance of finding a buyer for it than the penny, and then be able to buy a coin I really need for my sets. PS: I see the $5 coin comes with a free pickle.  Edited by atticguy
11/23/2020 10:55 am
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Valued Member
 United States
419 Posts |
Which one do you think will be worth more 50 years from now? I just don't think conditional rarities have the following that classic coins have nor will they hold their current values.
Course that is just an opinion. I am the same guy that spent $120 for a 1909-SVDB cent in VG back in 1958. Could have got a dozen mint state large cents and bust halves for the same amount of money! Everybody was into date collecting back then. The Gimbels Store in Milwaukee had them in their catalog and store for $8-$10. They also had a "junk" box of US pattern coins (mostly V nickles) that were even less. I failed to buy any as I wanted to fill that last hole in my Lincoln album - arrrrgh!.
And 1950-D nickels were selling on the Teletype for $1,000 per roll in late 1950s. That tulip bubble popped.
Edited by John K
11/23/2020 11:01 am
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Moderator
 United States
188091 Posts |
I have a decent 1964-D cent in my Dansco. I have no gold at all. Which one fills the empty hole?  |
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Valued Member
United States
419 Posts |
Quote:
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices. You got that right! Just wanting to be number one on a registry list of Memorial Lincoln cents is not for me (even if I had the money). But it was a great marketing move by the grading companies. And looking over the MS RED Lincoln cents sold over the years by Heritage, some don't look very red any more. Those slabs are no guarantee against copper turning brown. |
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Pillar of the Community
United States
8938 Posts |
Quote:
I just don't think conditional rarities have the following that classic coins have nor will they hold their current values. I think I agree, but not completely. I think overtime classic coins will appreciate better, but I feel Conditional Rarities will hold their value, and likely appreciate though much, much slower. Quote:
I am the same guy that spent $120 for a 1909-SVDB cent in VG back in 1958. Could have got a dozen mint state large cents and bust halves for the same amount of money! Everybody was into date collecting back then. The Gimbels Store in Milwaukee had them in their catalog and store for $8-$10. They also had a "junk" box of US pattern coins (mostly V nickles) that were even less. I failed to buy any as I wanted to fill that last hole in my Lincoln album - arrrrgh!. Ouch Quote:
I think John is just trying to underscore the Dr. Seuss-absurdity of modern top pop coin prices. Here the thing, once again I agree and disagree. I think the prices, from at least my standpoint, are stupidly high. But as a collector, and dealer, can understand them. When you have a group of extremely deep pocketed collectors who all want the finest of everything all it takes is 2 people who want a coin equally as bad to send prices skyrocketing. Quote:
And looking over the MS RED Lincoln cents sold over the years by Heritage, some don't look very red any more. All TPGs have a provision in their TOS that doesn't guarantee color, actually color is never guaranteed. Even the day they slab it. |
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Pillar of the Community
4628 Posts |
$5 gold, because if you accidentally drop that penny or touch its surface, it loses a lot of its value.
Do that the the $5 gold and it barely loses anything as it still has like $450 worth of gold in it.
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Moderator
United States
188091 Posts |
Great point, Princetane.  |
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Bedrock of the Community
United States
19143 Posts |
The gold coin--because its holder comes with a CAC sticker......................
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Pillar of the Community
2223 Posts |
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Pillar of the Community
United States
669 Posts |
To quote an Austin Powers character.........."I love gollllllllllllllllllllllldddddddddddd!"
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Pillar of the Community
Canada
5239 Posts |
I want a 3rd choice:
The same value in AU gold, as an example.
Edited by oriole
11/23/2020 5:21 pm
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Bedrock of the Community
United States
20753 Posts |
Neither. I'll stick to what I can afford.
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Replies: 17 / Views: 2,760 |
Posted 11/23/2020 10:40 am
