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Replies: 42 / Views: 3,090 |
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Moderator
 Australia
16829 Posts |
As others have stated, what you do with your money is entirely up to you, and largely depends on your personal interests, taste, and goals for your collection. But there are some general rules to follow:
- If maintaining/increasing value of your collection is important to you, then it's probably best to focus most of that income into a single major high-grade purchase. - If set completion is a key goal, then aim for set completion and/or upgrading. That could be just one or two coins, or a whole bunch in lower grade. - If you have no specific goal or coins in mind, then just wander the floor, and see what grabs you.
Personally, I'm a world coin collector, and take that third option to heart. When I go to coin shows, I try to encourage the dealers who bring world coins, by buying at least one coin from every dealer that has world coins to sell. I also personally prefer buying a whole bunch of coins rather than pouring all that money into a single coin, because more coins give me more joy, so I can afford to spread the money around. I know this is not the best attitude, from a return-on-investment point of view, but I am not an investor and really don't care about what future value my collection might attain. Fun > Profits.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
 United States
7940 Posts |
Quote: I also personally prefer buying a whole bunch of coins rather than pouring all that money into a single coin, because more coins give me more joy.... I know this is not the best attitude, from a return-on-investment point of view, but I am not an investor and really don't care about what future value my collection might attain..  We are definitely on the same wavelength.
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Pillar of the Community
United States
2204 Posts |
I'd see if their were any bust dollars or bust halves at that price point.
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Moderator
 United States
188440 Posts |
Quote: If You Were Given $1,250 And Had To Spend It At Your Next Coin Show, What Would You Buy? Easy. At least one of the following three coins I need to finish out my core Dansco albums: 1909-S VDB Lincoln Cent, 1922 "plain" Lincoln Cent, 1916-D Mercury dime. I might not use it all on one, so the balance would be applied to the other two. 
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Pillar of the Community
United States
2233 Posts |
The 16-D dime is about twice as expensive as the 09-S VDB and three times as expensive as the 22 "plain". You might be able to get the latter two but not all three unless the dime is a details coin.
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Moderator
 United States
188440 Posts |
I said I would get one. If I did not spend the whole $1250 on the one, the remaining will go towards the other two... that is as a down payment. 
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Valued Member
 United States
208 Posts |
I have narrowed it down to 3 directions I think: 1.) Try to find the nicest MS $10 Saint Gaudens Indian Head I can find. 2.) Try to get my last 4 wheat cents to finish my collection, 1909S 1909S VDB, 1914D, and 1931S 3.) Cherrypick some Walking Liberty halves to grade
Edited by Hordfest 07/10/2023 4:33 pm
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Pillar of the Community
United States
3848 Posts |
I like your three ideas. Maybe spend $1,000 on #2 and use the rest for #3.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Valued Member
 United States
208 Posts |
@jacrispies how would you allocate the $1000 across each of the 4 cents?
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Pillar of the Community
United States
7276 Posts |
The 1909S , 1914 D and 1931S are all doable in VF for about $500-$600, the 1909 S VDB is probably more than $500 even in details grade.
I purchased all mine years ago but the 1909 S was ~ $100, 1914 D was $225 and $75 for the 1931S while my first 1909 S VDB was $680. But prices aren't close to that now.
I picked up a 1909 S VDB in AU 55 with a CAC and that was $1550 2 years ago and they went up significantly. I don't see buying a 1909 S VDB for under $1000
Edited by hfjacinto 07/10/2023 8:15 pm
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Moderator
 United States
188440 Posts |
Quote: I have narrowed it down to 3 directions I think: 
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Bedrock of the Community
 United States
18664 Posts |
Quote: I picked up a 1909 S VDB in AU 55 with a CAC and that was $1550 2 years ago and they went up significantly. nice pickup nfjacinto. like I said in my comment previous. buy the keys in the highest grade you can and you cant go wrong. you done good with this one.
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Pillar of the Community
United States
2466 Posts |
LOL! I see the 09-S VDB is a popular choice. it would be my first choice, too. if there is anything left after that I would just spend the rest on gold.  if I can't find an 09-S VDB at the coin show, i'd look for gold instead (things for the type album gold page.)
Edited by MrPink2018 07/12/2023 11:27 pm
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Pillar of the Community
United States
4233 Posts |
I would get 1901-S and 1904-S dimes in nice looking AU grades, with the reverse types I'm currently missing.
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Valued Member
 United States
208 Posts |
First purchase of the day. $240. I'm a sucker for imperfect alloys in early wheat cents what can I say?   I have $1010 left to buy a 1914-D, 1931-S, and 1909 S VDB!
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Replies: 42 / Views: 3,090 |