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 Replies: 17 / Views: 2,744 |
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Valued Member
United States
465 Posts |
I am putting together the highest grade Morgan set I can afford as well as a circulated set with nothing over EF and many in good to fine . I like the circulated dollars because they were actually used by real people decades ago. I like the history. On the same theme I've recently discovered a fondness for Philippine Peso coins that were minted in the USA. I like these cleaned as I imagine they were sea salvaged after all the silver was dumped in Manila bay during world war 2 to keep the Japanese from getting the silver. Actual history in your hands.
Any one else out there occasionally prefer circulated coins over pristine mint state and if so what series and why?
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Moderator
 United States
187851 Posts |
Quote:
I like the circulated dollars because they were actually used by real people decades ago. I like the history. This is why my 7070 (US Type set) has mostly circulated coins.  |
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Bedrock of the Community
Australia
21786 Posts |
Any coin that was originally put into circulation but has survived in high MS++ condition is rare, and thus valuable. That is especially so for coins before about 1950, before coin collecting became a popular hobby. Also explains why I collect coins that were actually used as money, right back to 2,500 years ago, when coins were invented. That's numismatic history for you.  |
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Bedrock of the Community
United Kingdom
17903 Posts |
I agree with you about Morgan dollars. I find a nice honest circulated VF to EF specimen usually looks nicer than a low MS one that has lots of lustre but also lots of marks on Miss Liberty's cheek. |
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Rest in Peace
United States
18456 Posts |
I would rather collect circulated Flowing Hair Half Dollars than Uncirculated ones .  |
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Pillar of the Community
United States
7273 Posts |
If money was no object I would like to have everything in Mint State but that is not realistic money wise, so majority of my collection is circulated. I was going to try to do my 7070 in AU but that even that became costly. The only sets I have all in MS are moderns, the ASE from 1986 to 2021 and the innovation dollars. Edited by hfjacinto
09/06/2021 08:51 am
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Pillar of the Community
United States
2869 Posts |
A low f looks better than a ms-60 covered in bag marks.
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Bedrock of the Community
United States
20753 Posts |
I prefer coins that look new.
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Valued Member
United States
331 Posts |
There are collectors that collect Trade dollars specifically for the "chop mark" and not the Trade dollar itself. They like the idea of that they circulated in Asia and then returned to the US. |
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Bedrock of the Community
United States
17884 Posts |
MS coins are pretty, but I prefer coins that have wear and show that they have done the job they were intended to do.
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Pillar of the Community
United States
3641 Posts |
Price is the deciding factor for me. I prefer mint state coins when possible, but for any particular coin I buy the highest grade I can afford. The history of a very worn coin is great, but for me the most important factor is having a coin which has the least wear and which best shows the original design elements. That's why I also love old proof coins...
For large coins such as silver dollars or double eagles, I find MS60 or MS61 examples typically unattractive, so if my price cap falls in that range on a specific coin I'll target an AU55 or AU58 which can often have better eye appeal, in my opinion, while having very minimal wear on the design elements.
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188Edited by hokiefan_82
09/07/2021 10:37 pm
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Pillar of the Community
United States
4680 Posts |
Really comes down to the series, and two deciding obvious factors. 1. Which do I prefer aesthetically 2. Which is more cost efficient. Bust half's wear well and I'll take a nice mid grade circ cam any day over MS. Morgan's I prefer the same OR MS64 on up (unless it's just a good deal). Not a fan of a huge price jump for an overly baggy MS62 when a nice AU has more eye appeal and sometimes half the price or more. Pre '64 Washington quarters on the other hand, gorgeous is MS and easily obtainable cost wise, yet hideous IMHO below XF. And of course, Buffalo nickels, great in any grade you can read a date  Collect what you'll enjoy and stay in your budget. There's plenty of options! |
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Valued Member
United States
173 Posts |
Walking Liberty halves I love in MS63 grade or higher and find most circulated ones not too impressive. Memorial and Wheat cents can look good circulated, albeit not too well-circulated, if they afford some nice toning. Sometimes the circulated cents look much better than those in Mint sets from the 1960's to early 80's Kennedy halves I prefer getting in circulation but again Au or high XF. As with Lincoln cents, Kennedy in Mint sets can be in pretty ugly shape despite technically "MS". The old copper cents prior to 1860 can look good in a wide range of grades from circulated to uncirculated.
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Valued Member
United States
216 Posts |
Circulated coins are my favorite, my complete circulated Walking Liberty half set would have cost be more then 10 times what it did. I am also interested in the Philippine Peso coins that were minted in the USA, I am struggling to find a checklist of them, do you have one? |
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Valued Member
 United States
465 Posts |
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Valued Member
United States
465 Posts |
It doesn't look complete though. I know they minted earlier dates.
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Replies: 17 / Views: 2,744 |
Posted 09/06/2021 12:39 am
