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- From njraywms@optonline.net Sun Aug 28 10:59:37 2011
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Date: Sun, 28 Aug 2011 14:00:10 -0400
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From: Ray Williams <njraywms@optonline.net>
Subject: Re: [Colonial Numismatics] Try again: Horror-show rarities
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Greg,
I'm sure that all of us variety collectors, with the exception of possibly one or two, have our scarcer coins in low grade/damaged/holed... If you have a SVDB as you describe, I'd think you could get $25 for it.
Ray
From: Gregory Heim
Sent: Sunday, August 28, 2011 12:06 PM
To: colonial-coins@yahoogroups.com
Subject: Re: [Colonial Numismatics] Try again: Horror-show rarities
I have a question to pose to the group:
There is an interesting saying that a rare coin with a problem is still a rare coin. However, it is still a problem coin as well.
Given that fact, are there people on this board who specialize in "bottom feeding" with regards to rare die varieties? I do not mean cherrypicking.
Personally, I think the focus on quality is a BIT overstated. A prudent collector who has an excellent (and it has to be excellent) feel for the market can do very well buying "horror show" R6's at the right number.
Think of it this way with regards to mainstream US. I have a VG details, 1909-S VDB with copper-pot color and a pocketknife gash on the cheek. Although devalued greatly, I am sure that if you put it out for $25 at a show it would be worth it to someone and be gone. Although extreme, it makes the point that there is a market for such a hideous example at some price.
Something to chew on for a rainy day for East Coasters.
Greg
Link to eBay auctions:
http://shop.ebay.com/gynandroidhead/m.html?_dmd=1&_ipg=50&_sop=12&_rdc=1
Lots of information on Massachusetts and United States Half Cents on my site:
http://www.njcoinbuyer.com
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<DIV><FONT size=2 face=Arial>Greg,</FONT></DIV>
<DIV> <FONT size=2 face=Arial>I'm sure that all of us
variety collectors, with the exception of possibly one or two, have our scarcer
coins in low grade/damaged/holed... If you have a SVDB as you describe,
I'd think you could get $25 for it.</FONT></DIV>
<DIV><FONT size=2 face=Arial>Ray</FONT></DIV>
<DIV style="FONT: 10pt Tahoma">
<DIV><BR></DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A
title="mailto:gregheim@njcoinbuyer.com
CTRL + Click to follow link"
href="mailto:gregheim@njcoinbuyer.com">Gregory Heim</A> </DIV>
<DIV><B>Sent:</B> Sunday, August 28, 2011 12:06 PM</DIV>
<DIV><B>To:</B> <A
title="mailto:colonial-coins@yahoogroups.com
CTRL + Click to follow link"
href="mailto:colonial-coins@yahoogroups.com">colonial-coins@yahoogroups.com</A>
</DIV>
<DIV><B>Subject:</B> Re: [Colonial Numismatics] Try again: Horror-show
rarities</DIV></DIV></DIV>
<DIV><BR></DIV>
<TABLE border=0 cellSpacing=0 cellPadding=0>
<TBODY>
<TR>
<TD vAlign=top>
<DIV>I have a question to pose to the group:</DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>There is an interesting saying that a rare coin with a problem is
still a rare coin. However, it is still a problem coin as well.</DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>Given that fact, are there people on this board who specialize in
"bottom feeding" with regards to rare die varieties? I do not mean
cherrypicking.</DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>Personally, I think the focus on quality is a BIT overstated. A
prudent collector who has an excellent (and it has to be excellent) feel
for the market can do very well buying "horror show" R6's at the right
number.</DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>Think of it this way with regards to mainstream US. I have a VG
details, 1909-S VDB with copper-pot color and a pocketknife gash on the
cheek. Although devalued greatly, I am sure that if you put it out for $25
at a show it would be worth it to someone and be gone. Although extreme,
it makes the point that there is a market for such a hideous example at
some price.</DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>Something to chew on for a rainy day for East Coasters.</DIV>
<DIV><BR>Greg<BR><BR></DIV>
<DIV>Link to eBay auctions:</DIV>
<DIV><A
href="http://shop.ebay.com/gynandroidhead/m.html?_dmd=1&_ipg=50&_sop=12&_rdc=1"
rel=nofollow target=_blank><SPAN id=lw_1314547548_0
class=yshortcuts>http://shop.ebay.com/gynandroidhead/m.html?_dmd=1&_ipg=50&_sop=12&_rdc=1</SPAN></A></DIV>
<DIV> </DIV>
<DIV></DIV>
<DIV>Lots of information on Massachusetts and United States Half Cents on
my site:</DIV>
<DIV><A href="http://www.njcoinbuyer.com/" rel=nofollow
target=_blank><SPAN id=lw_1314547548_1
class=yshortcuts>http://www.njcoinbuyer.com</SPAN></A></DIV></TD></TR></TBODY></TABLE>
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