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 Replies: 14 / Views: 2,686 |
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Valued Member
United States
152 Posts |
Filling key date holes in my morgan book I decided to go with a higher grade cleaned coin instead of a darkened/unsightly expensive lower grade one.It still wasn't cheap but I save close to 1/3 of what I would have paid. Also,even if a coin is in a NGC holder and is blast white with cartwheels MS-64 can it really not have toned at all being sometimes 140 years old and made of 90% silver? Some of this series can get expensive.I say yes!Do you refuse to buy a coin that has been cleaned.  P.S.There is one exception,I will not buy a cleaned coin with cleaning scratches or highly polished.That is very unsightly. Edited by FlyingTiger
04/27/2021 11:44 am
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Pillar of the Community
United States
9792 Posts |
You might enjoy watching this little video presentation by my friend Mark at the first EAC convention I attended. It's titled "Details Coin Grade: An Extraordinary Opportunity" https://nnp.wustl.edu/library/book/540235"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Moderator
 United States
188213 Posts |
Sounds like a win to me.  |
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Bedrock of the Community
United States
10038 Posts |
Its YOUR hobby so you do what YOU like. If I like something, I get it. That way I am not kicking myself for years to come.
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Pillar of the Community
 United States
5182 Posts |
I think Eye Appeal is the #1 consideration. If a coin is Details because of minor cleaning or has a tiny scratch that doesn't appear noticeable, I say go for it.
"Buy The Coin, Not The Grade".
Edited by NumisEd
04/27/2021 6:00 pm
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Pillar of the Community
United States
4085 Posts |
If the eye appeal is good, I am ok with buying a details coin to fill a harder slot. I have a Lincoln Cent on the first page of my 7100 album that was cracked out of a Details slab. Got a great deal on it (about 20% the cost of what the no details coin would have been) and if I didn't know which one it was, I don't think I could pick it out. |
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Bedrock of the Community
United States
94367 Posts |
Personally, speaking as an older collector, I'm against this. I try to buy a coin or note just once, and I want it to be one I feel no need to upgrade.  to the CCF! |
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Valued Member
 United States
152 Posts |
I see what your saying about replacing and upgrading coins.It can cost you in the process of making a beautiful set.I've replaced about 3 of them already from Ms-63 to Ms-64 for better eye appeal and almost perfect obverse.I've been pretty lucky selling the coins replaced with not losing much.There's just nothing like a awesome high grade Morgan dollar. |
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Bedrock of the Community
United States
94367 Posts |
Playing the upgrading game is usually a losing proposition.  |
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Pillar of the Community
United States
8938 Posts |
If you lose $3 on 20 coins that loss could have bought you another coin. Upgrading isn't worth it
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Bedrock of the Community
United States
94367 Posts |
Take a long view and wait for a coin you know you can live with.
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Pillar of the Community
United States
8938 Posts |
^this. Look at my type set, I could have finished it long ago, but because I select premium coins for the grade it takes wayyyy longer to find a coin I want.
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Bedrock of the Community
United States
20753 Posts |
So much depends on what your plans are for the future of those coins. If it's just a hobby, do what you like. If it's a sort of future investment, only get what can be sold easily.
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Bedrock of the Community
United States
18662 Posts |
i agree with Just Carl. if your goal is to just fill all the holes then go for it however, I would not purchase a high grade details coin as you most likely would not get the money back in the long haul unless its a rare bird. my mantra...buy the best you can afford or save up for it. whats the rush? it took me decades to get some of my key coins.
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Pillar of the Community
United States
561 Posts |
As a type collector, "Key Date" isn't something I usually have to concern myself with, which a wonderful pleasure for my wallet sometimes
In my set, I avoid details coins, though I have a few that I bought a bit ago and having done so, I hope to upgrade to possibly lower-grade but problem-free at some point
For me, the expensive holes in my type set, like double eagles, the Gettysburg and Pan-Pac halves, stuff like that, those are just "someday" coins for me. I wouldn't be willing to buy a details version of the high dollar ones, except perhaps a lightly cleaned that I could see in person and judge the "lightly" for myself.
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Replies: 14 / Views: 2,686 |
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Posted 04/27/2021 4:26 pm
