124Spider

My CC, O, D and S are "processing."  My two Philadelphia coins (Morgan and Peace) still are "backordered."

On 10/18/2021 at 8:20 PM, MorganMan said:

That has the look of a GSA Morgan dollar!

To the OP, I'd guess AU 55.  I have an 1893 Morgan dollar graded XF40 (PCGS), and it is far more worn.  I doubt very much that yours is a mint state coin.

But it's a very nice coin, and I wouldn't worry about "overpaying," when the amount by which you may have overpaid is so little (especially in a market as fluid as Morgan dollars and Peace dollars are right now).  I long ago decided that I am far more concerned with getting the coin I want, truly in the condition I want, than about a very few dollars one way or another.

A Jefferson quarter would, indeed, be quite a find.... 

Wow!  These kind of put my "I went to the bank a whole bunch of times, buying rolls of quarters, in order to get a complete set" to shame! 

I'll happily undercut that!  How about an even $2000 for what I paid $510 (plus a lot of aggravation)? 

Very nice!  Mint state wartime silver nickels are surprisingly affordable, if you're not going for top pop examples.  And they do look nice!  Jefferson nickels, IMO, are an excellent set to get the entire set in mint state, for a very little bit of money, and the old ones tone very nicely.

On 10/9/2021 at 8:54 PM, Lem E said:

There are no coin shops around here so mainly scouring the net. I have a good network of trusted ebay dealers that I buy from. I do pretty good most of the time, but I have bought some garbage too. 

Yeah, I've done the same thing.  Mostly I get what I expected to get, but sometimes....

On 10/9/2021 at 7:38 PM, Lem E said:

Thanks. They are both raw. Just got them in hand yesterday. I just now noticed the fingerprint. 

Just a little print!  Where do you get 90 year old raw coins that clean?

On 10/9/2021 at 7:24 PM, Lem E said:

Very nice coins! I'm curious what grades they are; they look very clean!

On 10/7/2021 at 3:22 PM, Mohawk said:

I'd like to be proven wrong in my assumptions on these, but I don't think I will be.  I am familiar with the Laura Gardin Fraser obverse design that they're going to use.....and warning of another unpopular opinion on U.S. coinage aesthetics coming from the boards' resident Faustina the Younger guy coming.....and I heartily dislike it.  I'm actually not a big fan of any of Gardin Fraser's art, at least that I've seen.  It's entirely possible that there is a work by her that I haven't seen that I would enjoy.  But I did go look at the line art of the reverses, and they look alright, honestly.  I actually really like the Anna May Wong and the Maya Angelou designs.  But that obverse....man, that obverse.....it kind of kills these for me right out of the gate.  So, for me, great idea and worthy people honored but destroyed by what is, in my opinion, a poor obverse design choice.

I certainly have no issues with people's design tastes!  I was in large part reacting to a subtext in a couple of the posts indicating hostility to the idea of a series of coins honoring women.

On 10/7/2021 at 10:36 AM, Mohawk said:

I personally agree with that sentiment wholeheartedly!! My previous comment only pertained to the aesthetics of the coins involved and my general lack of collecting interest in U.S. coins.  What I actually do collect likely shows that I'm all for numismatic items with tough, strong women on them.

I collect only US coins (well, other than one ancient Greek coin), but I like the ones from the first half of the 20th century more than the more recent ones.

But I do like the idea of a bunch of quarters each year, and they'll look lovely in a silver proof set.

I love them!  It's long past time to recognize great women, instead of stifling them.

On 10/5/2021 at 10:46 AM, Coinbuf said:

Still in the GSA holder ungraded.   The nasty hit on the chin is rather distracting but the color is nice.

 

 

Nice; I like the GSA dollars; pretty coins (though not cheap) with an interesting story behind them (and I'm old enough to remember all that happening).

I would like to add to the excellent advice you've already been given.

There are may different "goals" one can have for one's collection, and we each have a different budget.  The trick, I think, is in figuring out what makes it fun for you, in a way that will still be fun next year and next decade, all within your budget.

I don't think it's a bad idea to buy a bunch of low-grade coins (or "BU" modern coins), to fill the slots in an album/folder.  That's not expensive, it's fun to see the slots fill, and you can find out if that's good enough for you, or do you want to upgrade.  And you can find out, fairly inexpensively, which coins (type/series/era) appeal to you.

Mark

On 9/14/2021 at 8:39 AM, WCF Coins said:

These are the two that I am missing. If you still have them, I have all the others coming...

I have an extra "O" that I'm hoping to trade for a "CC."

On 9/14/2021 at 9:04 AM, Alex in PA. said:

This has been the 'system' for quite some time.  It's almost as if it were set up this way.

I have to agree.

For whatever reason, I found the set intriguing, so I thought I'd give it a shot.  Having braved the mess for the five Morgans and one Peace "dollar," I had low expectations.  And they managed to underperform my low expectations.  The site crashed less than a minute in, and I spent the next 67 minutes rowing through the error messages and roadblocks.  I finally succeeded, but it doesn't make me want to play in the future.

The mystery to me is why the mint prices these things at less than half what the market seems to be willing to pay (also the case with the Morgans and Peace "dollars").  EBay was full of people selling them for $400-$1100 right after they sold out (at about 2:30pm EDT), and even the auctions quickly went well north of $300.

Mark

On 9/9/2021 at 4:20 PM, Coinbuf said:

There are plenty out there to choose from so no need to buy one that has been worked over like this.   Just a suggestion but maybe you would be better off to expand your horizons past just ebay.   I found this rather decent looking XF45 in just 4 minutes of searching, it is in a PCGS holder that can be broken out and put into a holder/album.  Granted that it is a bit more then the $84 for the ebay one, but imo it is better to save up and buy a better quality coin than settle for a damaged coin when shopping for easily available dates.   Just a disclaimer, I have never bought from this seller and I am not recommending this dealer, just an example that with a little searching nice examples can be found. 

32-S

 

Edited to add:  And Great Collections has a very attractive VF35 coming up

NGC VF35

FWIW, I have bought a number of coins from Liberty Coin Service, and I have always been satisfied.

Those are utterly beautiful coins in high grades, and yours is a beautiful specimen! 

Mark

On 8/26/2021 at 9:13 PM, Woods020 said:

But read that I sent you from NGC. Look at the levels of classification. Start with the three types of graded (MS/PF/SP) and then work down. Next look at strike classifications. Click on the detail. Then look at designations, etc…. Right now you are mixing a bunch of types of coins together to get a grading soup 

I did, all of that; thanks.

I am "mixing a bunch of types of coins together" because that's the confusion to me--what is the difference in the strike of those coins.  It sounds to me like the "uncirculated" coins are "struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image."  Because that's what the Mint says.  Sure, some of that is marketing hype, and they may not be "burnished," but they also aren't struck the same way as the coins struck for circulation.

Hence my original question:  If coins sold by the Mint as "uncirculated" are, in fact,  "struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image," they should, on average, grade as better than the coins struck for circulation. Do the TPGs grade them along with coins struck for circulation that people buy in uncirculated condition from banks?

And, if they're not materially different, how can someone advertise for sale MS70 coins that have not yet been struck (these are coins to be issued with "uncirculated finish")?

On 8/26/2021 at 9:05 PM, Lem E said:

Ok when we are talking Silver Eagles, what the mint calls “uncirculated” is actually the burnished coin (with mintmark). This is different from the standard bullion Eagle (no mintmark). The uncirculated mint sets however are not a burnished version.

Are the recent Morgan and Peace dollars burnished?

On 8/26/2021 at 8:48 PM, Lem E said:

This is from the mint website so take from it what you will.

 
United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image.

 

Thanks; perhaps that's where I got the notion that they were different!

Then back to my original question....