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Newbie/Opinion Question

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Valued Member

United States
254 Posts
 Posted 01/06/2009  1:08 pm Show Profile   Bookmark this topic Add rkp to your friends list Get a Link to this Message Number of Subscribers
Hi all,

I've been "lurking" this forum for a while and thought I should register. I wanted to say how enjoyable it is reading through various threads and how much collective knowledge there is on these pages. I have been casually collecting coins for years and have recently started to get more serious (reading articles, books, etc.).

I have a question about grading. I am trying to build a PCGS type set on a reasonable budget. Right now I am trying to acquire a Barber dime in MS-64 and I see that common dates have recently sold for about $300 +/- $50 on Heritage. I personally prefer white coins with no toning. This is why I would rather have a white MS-64 for $300 rather than some of the MS-65 dimes (that were heavily toned) which sold for $550. Is this an odd preference? I would greatly appreciate any thoughts as well as any comments on the best common dates/mintmark to collect for this series. Thanks!
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SeatedNut's Avatar
United States
2797 Posts
 Posted 01/06/2009  2:41 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
rkp,

Welcome aboard. The answer is real simple if your collection is a collection and not an investment ... get what pleases you.

If it's an investment, a comprehensive collection of MS-64 white dimes probably won't keep up with inflation. Investors look to the top end and "unique" pieces (read blazing toners)or the old stand-bys (09-SVDB cent, 16-D dime, etc).

Stand-by though ... more opinions will follow.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 01/06/2009  2:51 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Welcome...good advice above my post. If you are collecting, pick what you like and dont worry what others think.

If you are investing, you probably want something higher than a MS-64. I have read somewhere that the minimum you want is MS-65 or get the key dates in nice condition.

You'll find lots of help here since there are tons of knowledgable people that contribute on this forum.
Valued Member
Texas Trader's Avatar
United States
250 Posts
 Posted 01/07/2009  10:51 am  Show Profile   Bookmark this reply Add Texas Trader to your friends list Get a Link to this Reply
Bowers talks about an Optimal Collector Grade (OCG) which is basically the grade right before the price jumps real significantly to the next grade. In looking at the PCGS site the OCG for Barber dimes it would appear to be MS-65 or MS-66 in most cases.

But if you are collecting for you and not to sell it to the next guy, do what most people here will tell you and buy/collect what you like.
Edited by Texas Trader
01/07/2009 10:52 am
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atlashealth's Avatar
United States
1691 Posts
 Posted 01/07/2009  11:20 am  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
have fun collecting and remember...white coins will eventually tone!
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ceaton's Avatar
United States
1179 Posts
 Posted 01/07/2009  12:20 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Texas Trader,

So Bowers says to buy the grade just before the jump, or buy the grade that is jumped in price?
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AuldFartte's Avatar
United States
830 Posts
 Posted 01/07/2009  12:22 pm  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply
to Coin Community!!

I agree with the others: Collect what pleases YOU. That's what I do, and I don't really care if the value of my collection increases or not. I don't think collecting 64s is odd at all. If that's what you like, and can afford, then by all means get 'em. The main thing with collecting is that you enjoy what you do
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morgantype's Avatar
United States
164 Posts
 Posted 01/07/2009  2:46 pm  Show Profile   Bookmark this reply Add morgantype to your friends list Get a Link to this Reply
I concur with the 64 vs 65 idea. 64 tends to be a more "common" MS grade coin. (that is a gross generalization so please no flaming me). As for the toned vs white I personally have plans to collect a toned and a white type set. I am starting with the white set though.

Most importantly though collect what pleased you, that will have the biggest pay off in the long run.

Happy Hunting!
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/07/2009  3:27 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
that is a gross generalization so please no flaming me

no worries, this is a flame-free zone
(part of what makes us family friendly)

and yes, you would be correct in saying that 63s/64s are more common MS grades than 65s since that is the beginning of the gem grades and generally classic coins will dramatically increase in price once you hit the gem grades.
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