| Author |
 Replies: 29 / Views: 3,789 |
|
|
|
Pillar of the Community
United States
5833 Posts |
Wow! Incredible coin and money exchange with this coin. But I actually enjoy reading jmkendall post.
|
|
Pillar of the Community
Russian Federation
5177 Posts |
Quote:
If it wasn't for well heeled investors , acquirers no matter what their goal or
purpose , most of the really sexy stuff would be lost to posterity forever . I have to agree, alas. I still do not see why the prices should be in the millions rather than the hundreds, thousands, or at most tens of thousands (as they are for many patterns, often with at least as much of a backstory aside from hype). But then I never spent even as much as a hundred dollars on one coin (my highest was $70, back in 2011; indeed I have yet to surpass even its ruble value despite the exchange rate making it less than $30 today). Some ultra-rarities do have an interesting backstory; the 1876-CC 20 cent pieces come to mind. I also most assuredly did not even attempt to imply that only circulated coins are worth collecting. Backstory, too, has it limits. In October, the Brutus EID MAR aureus, a coin as backstoried as they could even theoretically come and in perfect condition at that, brought just over 4 million dollars; according to the Wikipedia list, 10 other coins (12 now) have been sold for more. Three of those 10 (four of the 12) were Brasher doubloons. I could never quite understand what was up with the Brasher doubloons - it seems to also be a case of backstory. |
|
Moderator
 United States
189340 Posts |
Quote:
If it wasn't for well heeled investors , acquirers no matter what their goal or purpose , most of the really sexy stuff would be lost to posterity forever . I have to disagree. I think market forces would drive the prices down to where more appreciative people could afford them. If someone is selling, you really think they would rather trash it than take the best offer? |
|
Valued Member
United States
475 Posts |
For me, the interest is in the hunt. Going to coin shows, perusing online auctions, checking dealer websites. Examining coins at coin shows to find that elusive coin for my collection. Even if I don't buy anything at a show, I had fun looking. Those experiences bring me joy. Commissioning someone to assemble a collection for you and getting out a check book as they find them is not collecting. It is shopping.
|
|
Moderator
United States
189340 Posts |
I sure do miss coin shows.  |
|
Bedrock of the Community
United States
10284 Posts |
If I were a Billionaire, I would have bid that coin up to at least 9 million.
|
|
Pillar of the Community
United States
5833 Posts |
I haven't been to a coin show for over a year. Arrrg!
|
|
Moderator
United States
189340 Posts |
Quote:
I haven't been to a coin show for over a year. Arrrg! My last show was 2/15/2020. At least it was memorable.  |
|
Bedrock of the Community
United States
10038 Posts |
Quote:
I have to agree, alas. I still do not see why the prices should be in the millions rather than the hundreds, thousands, or at most tens of thousands (as they are for many patterns, often with at least as much of a backstory aside from hype). B/c there are a lot more people out there in America with a lot more money than you and I can imagine. Plus there are a lot of people out there in the hobby with different ideas about different coins. There are obviously enough "who cares if its a pattern coin" collectors with money to bid this thing up into the millions.To some, who cares if its a pattern? It was made by the mint. So they collect/pay it. They get their fun this way in the hobby. While most of us might disagree with the mindset of others in the hobby over issues such as coins being "trophies," someone collecting coins for reasons others dictate to them are not having fun. |
|
Pillar of the Community
United States
1590 Posts |
Pacific Coin. I disagree. If it were not for the well heeled buyers/investors, those sexy coins would surely be around, just in the hands of collectors with modest means. I've been buying collections for decades now. Some ordinary people have extra ordinary coin collections. My shop was responsible for bringing one of the best Stella's in existance to the market. From a quite ordinary person. Also in this collection was a complete shield and Liberty nickel collection, minus the 13. All in MS. The Grandfather of the person we bought this from had been corresponding with the Philladelphia mint in the 19th century. Every year he brought a proof set, and paid extra for an example of each circulation strike for that year. We have the documentation to this day. AS we still have a good portion of that collection which is in our private collections. We have seen some very "sexy" coins from some very ordinary collectors. Trust me they have not fallen into the cracks and been lost! |
|
Pillar of the Community
United States
1315 Posts |
I still don't know why this is considered a classic coin? In my opinion, this is a novelty coin, never meant for circulation. I think think the 1913 altered V nickel found in the guy's grandfather collection is more a conversation piece than this coin. |
|
Moderator
United States
189340 Posts |
Quote:
If it were not for the well heeled buyers/investors, those sexy coins would surely be around, just in the hands of collectors with modest means. I agree, of course.  |
|
Pillar of the Community
United States
1590 Posts |
I know a woman who asked me to look at a "fake" coin for her. She said it had been her Dads and he got in cirulation in 1963, but "knows" its a fake. Lo and behold it's a 1913 V nickel in VG. I ask her how she knows it's a fake. "Obviously it's a fake. How could my Dad have possibly found a coin worth thousands of dollars in pocket change". I offered to send it and have it attributed for free, as it matchs the known real ones. She is a woman of modest means, but is just so shy about being burned. I guess for her it's "Schrodingers coin". It is both real and fake at the same time. She does keep it in a safe deposit box with some other things, so at least it is safe. I have to agree I bet it is a fake...but stranger things have happened. " |
|
Pillar of the Community
United States
5833 Posts |
@jmkendell, Please post result of this 6th 1913 V nickel when available, and have you taken pictures of it? |
| |
Replies: 29 / Views: 3,789 |
First Page
Posted 02/26/2021 03:12 am
