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re: Tips from MT Coin Collectors
Posted on 1/16/13 at 9:17 am to LSURussian
Posted on 1/16/13 at 9:17 am to LSURussian
Hmm, I was thinking I saw them somewhere for upwards of $100. May be a different dime (Barber dime). The 1854 O dime is beautiful man!
@Broke, those bills are nice! I have never seen a gold certificate before. Just silver certificates and red seals.
@Broke, those bills are nice! I have never seen a gold certificate before. Just silver certificates and red seals.
2
Posted on 1/16/13 at 9:22 am to OnTheBrink
quote:You probably did. That happens. It's usually for a dime that had an extremely low mintage number or for some of the last years of Carson City minted coins.
I was thinking I saw them somewhere for upwards of $100.
ETA: For example, you can commonly buy an 1892 O silver dollar for under $40, but it's almost impossible to win an eBay auction for an 1893 O dollar for less than $150 simply because of the limited number of 1893 O dollars minted.
There were over 2.7 million 1892 O dollar coins minted but only 300,000 1893 O dollars minted.
And you have to remember when you see an 1850's era U.S. silver coin with the arrows on either side of the date, it means that coin was minted with a lower silver content (70% rather than 90%, I think) when the price of silver skyrocketed in the 1850's so the silver content was reduced to keep their melt value in line with their face value. If you see an 1850's silver coin without the arrows, that coin has the full 90% silver content and will sell for a higher price than a comparable coin with the arrows.
This post was edited on 1/16/13 at 9:43 am
Posted on 1/16/13 at 9:54 am to RickAstley
quote:
The pics you have posted make me want to invest a little more time in using ebay. You post some very interesting old coins. The condition of your 1854 seated liberty dime is amazing
Here are photos of a "capped bust" (the predecessor to the "seated liberty" design) dime I won on eBay yesterday. It's 1829 with no mint mark which means it was minted in Philadelphia.
It fascinates me to know this coin was minted the same year Andrew Jackson was sworn in as President.
FWIW, my winning bid was $23.38 for this coin.
Posted on 1/16/13 at 10:12 am to LSURussian
I am going to have to get on ebay too. Seems like some good finds with good prices. I am with you on the dates of these coins, just amazing.
One question though, how do you protect against counterfeiting? Aside from knowledge, of course.
One question though, how do you protect against counterfeiting? Aside from knowledge, of course.
Posted on 1/16/13 at 10:15 am to LSURussian
quote:
It fascinates me to know this coin was minted the same year Andrew Jackson was sworn in as President.
To the posters in this thread, I asked this somewhere in the 13 pages we are up to now with not much response so I will give it another go, but what are some coins in circulation now that you think 100-150 years from now people will be saying can you believe this was minted when Obama was in office?
Or is it an issue of so many coins minted that they may not be worth much down the road?
Posted on 1/16/13 at 10:25 am to OnTheBrink
quote:
how do you protect against counterfeiting?
My only screening is I only bid on coins being auctioned by eBay sellers with 99%+ favorable ratings and who have a minimum of 100 items sold on eBay. You can see those stats and the comments buyers have submitted on each seller. If a seller has auctioned that many coins without someone accusing them of selling a counterfeit coin, I'm comfortable with them.
When I receive a coin, I always look it over and test its weight. If the coin passes my simple tests, I figure there's a good chance it's not a counterfeit. If it is counterfeit, then FML....
Posted on 1/16/13 at 10:27 am to OnTheBrink
quote:This, plus there is almost no precious metal content in today's coins. So, unless aluminum and tin become scarce and really valuable....
Or is it an issue of so many coins minted that they may not be worth much down the road?
. Posted on 1/16/13 at 10:32 am to LSURussian
Kind of what I was thinking minus the precious metals aspect.
As always, your help and insight is very much appreciated!
As always, your help and insight is very much appreciated!
Posted on 1/16/13 at 10:54 am to OnTheBrink
quote:
@Broke, those bills are nice! I have never seen a gold certificate before. Just silver certificates and red seals.
I have just those 2 in gold. I have a few horseblanket silver certificates too. That's just a small fraction of my collection that I had at the office. I would love to take more pics to show.
Posted on 1/16/13 at 10:57 am to Broke
I would love to see them whenever you get the time! This stuff fascinates me! 
Posted on 1/16/13 at 10:57 am to OnTheBrink
I also have the worlds first credit card.
Posted on 1/16/13 at 2:46 pm to RickAstley
I've been collecting since I was a kid and I am almost 40 now. My advice to someone starting out is to pick a specific type and to get the very best that you can afford.
I have so much stuff now that it's near impossible to catalog it and it has become more of a hoard than a real collection.
The better condition/grade items should hold their value better and appreciate at a higher rate than items that are heavily worn.
I have so much stuff now that it's near impossible to catalog it and it has become more of a hoard than a real collection.
The better condition/grade items should hold their value better and appreciate at a higher rate than items that are heavily worn.
This post was edited on 1/16/13 at 2:48 pm
Posted on 1/16/13 at 2:57 pm to Broke
quote:
I also have the worlds first credit card.
Do you mean the 'first one' after my wife's???
Posted on 1/16/13 at 3:29 pm to LSURussian
quote:
Do you mean the 'first one' after my wife's???
It's metal.
Posted on 1/16/13 at 4:52 pm to Great Plains Tiger
Welcome to the thread, if you haven't already posted in it before. So you mentioned you got an enormous collection, what are your goals with your collection at this point? Do you ever sell any of yours, and what are some of the gems that you have?
Posted on 1/16/13 at 6:08 pm to RickAstley
quote:
To the posters in this thread, I asked this somewhere in the 13 pages we are up to now with not much response so I will give it another go, but what are some coins in circulation now that you think 100-150 years from now people will be saying can you believe this was minted when Obama was in office?
The entire American Eagle series, Silver state quarter series, the Gold First wives series and any other silver/gold/platinum coin series that I neglected to list.
Posted on 1/17/13 at 12:56 am to drewnbrla
I would add: Proof sets.
Posted on 1/17/13 at 10:15 am to OnTheBrink
I just won this 1884 O dollar on eBay. Paid $29.45.
Posted on 1/17/13 at 10:26 am to LSURussian
quote:
I just won this 1884 O dollar on eBay. Paid $29.45
Roughly, how many unique coins do you have? (Not bulk but collectible)
Posted on 1/17/13 at 10:34 am to Lsut81
Approximately 375 coins which include about 350 U.S. coins and 25 foreign coins, including 10 coins from Nazi Germany. (Please don't reply "Germans." )
That excludes about 100 Roman Empire coins which I bought in bulk.
I also am not counting about 100 coins I picked up when I lived in Moscow which were from the old Soviet Union.
) That excludes about 100 Roman Empire coins which I bought in bulk.
I also am not counting about 100 coins I picked up when I lived in Moscow which were from the old Soviet Union.
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