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Which of these Coins is a Better Purchase for a Newbie?
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Started by Captain Murder,

48 posts in this topic

Captain Murder

Captain Murder

Posted
Posted

What is the Better Long Term Investment Purchase for a Newbie? 

2016-W Gold Mercury Dime PCGS SP70

https://www.ebay.com/itm/285338914692?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=iSOqu3gIRbm&sssrc=4429486&ssuid=iSOqu3gIRbm&var=&widget_ver=artemis&media=SMS

 

Or... 

2018-W Gold American Liberty ANACS PR70 DCAM

https://www.ebay.com/itm/285338749562?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=iSOqu3gIRbm&sssrc=4429486&ssuid=iSOqu3gIRbm&var=&widget_ver=artemis&media=SMS

There Both Classic Solid Gold 70's, Commemorating American Freedom. I can't decide.

Jaymurdem@ eBay

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Captain Murder

Captain Murder

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On 4/5/2024 at 3:11 PM, Coinbuf said:

Reported.

Spam.jpg

I'm new... what's spam? I thought the point of this forum was to help newbies build their collections?

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Sandon

Sandon

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    If you are offering the coins in the links for sale, your topic should have been posted in the "Coin Marketplace" forum and in accordance with its guidelines.

    My answer to your question would be "neither", as I think that new collectors should "buy the book before the coin" and do a good bit of reading numismatic references and learning how to evaluate coins before spending substantial monies on them. For that matter, one can purchase a very nice uncirculated example of an actual "Mercury" dime for a lot less than the mint's computer generated 2016 reproduction in gold.

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cobymordet

cobymordet

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On 4/5/2024 at 2:10 PM, murder69 said:

There Both Classic Solid Gold 70's, Commemorating American Freedom. I can't decide.

"Commemorating American freedom" is simply a classic example of good ole American commercialism. 

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Captain Murder

Captain Murder

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On 4/5/2024 at 3:50 PM, cobymordet said:

"Commemorating American freedom" is simply a classic example of good ole American commercialism. 

Patriotism, I'm from Florida, lots of patriotism here. St. Augustine, FL is the oldest permanent settlement in America. They have a Fort and give tours, Great Vacation Destination.

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Captain Murder

Captain Murder

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On 4/5/2024 at 3:45 PM, Sandon said:

    If you are offering the coins in the links for sale, your topic should have been posted in the "Coin Marketplace" forum and in accordance with its guidelines.

    My answer to your question would be "neither", as I think that new collectors should "buy the book before the coin" and do a good bit of reading numismatic references and learning how to evaluate coins before spending substantial monies on them. For that matter, one can purchase a very nice uncirculated example of an actual "Mercury" dime for a lot less than the mint's computer generated 2016 reproduction in gold.

Definately well stated, but most Newbies cant afford a 1916-D NGC 70, or even find one.

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VKurtB

VKurtB

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On 4/5/2024 at 5:57 PM, murder69 said:

That's why my Gold 70 is the next best thing.

Neither is a good value. Not even close. 

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Sandon

Sandon

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    You can't reasonably compare a coin made for circulation long ago and distributed in bulk, such as a 1916-D "Mercury" dime, with a noncirculating legal tender piece made and issued as a collector's item, such as either of the pieces you are hawking, of which virtually all minted still exist in superb gem condition. 

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VKurtB

VKurtB

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All of this seller’s coin listings are ridiculously overpriced. These are abusive prices. Neither of these is even remotely scarce in MS70 grade. 

Edited by VKurtB
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powermad5000

powermad5000

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Newbies should stay far away from this. And this thread is just a sales pitch.

The mods should remove this post.

Edited by powermad5000
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Captain Murder

Captain Murder

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On 4/6/2024 at 12:49 AM, powermad5000 said:

Newbies should stay far away from this. And this thread is just a sales pitch.

The mods should remove this post.

I'm a newbie. Small collection, some high end for long term, some mid grade personally submitted coins such as morgans that I am looking to sell or trade to reinvest and enlarge my long term collection

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Captain Murder

Captain Murder

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On 4/5/2024 at 10:38 PM, Henri Charriere said:

Patriotism?  Of the two coins pictured, I would choose the one behind Door # 2.  The 2018-W.  Incidentally, any chance you can tell me why U.S. citizens were violently assaulted and arrested on the beaches of St. Augustine sixty years ago? No, I didn't think you could.

I'm guessing the worst defiance of the constitution, protesting the government.

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Jason Abshier

Jason Abshier

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@murder69 I have 2016-w gold mercury dime SP70 … that’s actually very common grade for that type of commemorative coins is what I consider them …. I wouldn’t look at graded gold coins as an investment …. If you want invest ? Theres far better stuff to invest into real estates or such I always tell new collectors that … coin collecting should not be looked at as investment opportunities! Why ? Most of us average collectors don’t have pockets deep enough to buy what was call “high roller” or “trophy coins” or a true “rarity coin” those type of coins are cream of the crop they pull in a lot money their market is also unpredictable too hard to put a price on high roller coin they are always almost auctioned off see what price they really pull in …  

we have the average coin collection I have mixture of raw and graded classic coinage , I look at them just like I look at my Silver coins in fact some silver coins are worth more than gold coins on market …. Thats something to keep in mind if you want to “invest” into gold ? I would buy it raw form and not graded for investment … now if you “collect” then buy graded gold coins and treat it as collectible in your collection and not an investment 

 

steer away from that seller you provided links too … he got his stuff marked way way too high 

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Captain Murder

Captain Murder

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On 4/6/2024 at 8:15 AM, Jason Abshier said:

@murder69 I have 2016-w gold mercury dime SP70 … that’s actually very common grade for that type of commemorative coins is what I consider them …. I wouldn’t look at graded gold coins as an investment …. If you want invest ? Theres far better stuff to invest into real estates or such I always tell new collectors that … coin collecting should not be looked at as investment opportunities! Why ? Most of us average collectors don’t have pockets deep enough to buy what was call “high roller” or “trophy coins” or a true “rarity coin” those type of coins are cream of the crop they pull in a lot money their market is also unpredictable too hard to put a price on high roller coin they are always almost auctioned off see what price they really pull in …  

we have the average coin collection I have mixture of raw and graded classic coinage , I look at them just like I look at my Silver coins in fact some silver coins are worth more than gold coins on market …. Thats something to keep in mind if you want to “invest” into gold ? I would buy it raw form and not graded for investment … now if you “collect” then buy graded gold coins and treat it as collectible in your collection and not an investment 

 

steer away from that seller you provided links too … he got his stuff marked way way too high 

Make offer Icon Provided if you Feel Price is too High

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Captain Murder

Captain Murder

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On 4/6/2024 at 12:49 AM, powermad5000 said:

Newbies should stay far away from this. And this thread is just a sales pitch.

The mods should remove this post.

I'm a newbie trying to build my collection. Trades wanted, also. Silver and Gold Pandas NGC 70 wanted for Trade.

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Jason Abshier

Jason Abshier

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On 4/6/2024 at 9:05 AM, murder69 said:

Make offer Icon Provided if you Feel Price is too High

Feel free make an offer they are all over eBay … 99% of them are SP70 very very common grade …. It’s not slim picking , I got mine when they first came out with them graded by NGC SP70 black slab with Edmund Moy signature … back then gold was low that was time to buy 

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Jason Abshier

Jason Abshier

Posted
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On 4/6/2024 at 9:06 AM, murder69 said:

I'm a newbie trying to build my collection. Trades wanted, also. Silver and Gold Pandas NGC 70 wanted for Trade.

Thats cool , I’m not really into the modern bullion stuff that is graded … but there is somewhat a market for it new collectors are buying it …. I do collect some modern bullion or some call them “fantasy” silver rounds from Germania mint , I keep them in original airtite capsule that come in … have no intention of getting them graded I have both business strike and the hard to find (1,000 minted) proofs that’s one modern series I like to collect 

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Just Bob

Just Bob

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On 4/5/2024 at 2:10 PM, murder69 said:

What is the Better Long Term Investment Purchase for a Newbie? 

2016-W Gold Mercury Dime PCGS SP70

https://www.ebay.com/itm/285338914692?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=iSOqu3gIRbm&sssrc=4429486&ssuid=iSOqu3gIRbm&var=&widget_ver=artemis&media=SMS

 

Or... 

2018-W Gold American Liberty ANACS PR70 DCAM

https://www.ebay.com/itm/285338749562?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=iSOqu3gIRbm&sssrc=4429486&ssuid=iSOqu3gIRbm&var=&widget_ver=artemis&media=SMS

There Both Classic Solid Gold 70's, Commemorating American Freedom. I can't decide.

Jaymurdem@ eBay

The newbie section is not for listing coins that you are selling. Also, trying to disguise your selling post as a question is deceptive. Posts like this definitely won't earn you any respect on this forum.

The Marketplace forum is the proper place to put posts like this. 

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VKurtB

VKurtB

Posted
Posted (edited)
On 4/6/2024 at 7:07 PM, Just Bob said:

 

The newbie section is not for listing coins that you are selling. Also, trying to disguise your selling post as a question is deceptive. Posts like this definitely won't earn you any respect on this forum.

The Marketplace forum is the proper place to put posts like this. 

He doesn’t care. None of his ilk do. They’re chronic abusers. It’s all about them, all the time. 

Edited by VKurtB
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Henri Charriere

Henri Charriere

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🐓:  Any thoughts now that all the combatants have exited the arena?

Q.A.:  A few right off the bat... Two surprises: I have never encountered a Newbie who set his sights so high. I always thought everybody did what we all did. You know, collecting from change, filling type sets and then developing an affinity for one series in particular. Secondly, I can't believe a Newbie knows how to post a Link!  I can drive a car but I can't post a link. That's Embarrassing. Very strange thread. The gentleman, technically, wasn't selling anything. His Topic was essentially a solicitation for advice: Is this coin a better investment for a Newbie, or that one?  I don't know if it's subliminal or what, but I've got a hankering for SPAM. You going out today?  :roflmao:

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Henri Charriere

Henri Charriere

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On 4/6/2024 at 10:01 PM, The Neophyte Numismatist said:

.... Personally, I would not buy either of these coins.

Well, I might as well come clean about this. I was going to say, same here, but I can't. I bought the centennial dime ('16-W) and discovered much to my dismay, that I am biased. Deeply prejudiced. I bought the "thing" because it was my late mother's favorite, a Mercury, and would remind me of her every time I looked at it.  But it didn't, hasn't, and never will. The first insult was the ridiculous moniker, "Business Strike."  I examined it closely with the 30-power loupe our Kurt specifically forbade me to use and saw none of the detail I should have been able to see on something I had never seen before: a freshly-minted Merc. Then, I believe Kurt, in an aside, inadvertently brought to my attention that owing to its metal composition, gold not silver, it would be smaller. It was. Right here upthread, Sandon innocently disclosed this infernal "thing" clearly lacking the engravers touch, was computer-generated. That was the last straw. Now I want my money back. I do not remember what I paid for it and don't care. Sometime soon I'll post the "thing" on the Marketplace at the original issue price and make somebody's day. And I don't care if spot gold is $3,000. So, anyway, that is why I suggested Slab # 2 (which I would not buy either). Allow me to commend you on your magnificent set of half-cents. Now that's what I call a work of art!   (thumbsu

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Coinbuf

Coinbuf

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Posted
On 4/5/2024 at 12:32 PM, murder69 said:

I'm new... what's spam? I thought the point of this forum was to help newbies build their collections?

Spam is what sellers do when they shamelessly post their coins for sale disguised as something else.   And no this entire forum is not like FB or Insta for internet sellers to hawk their coins on every thread.   The marketplace section of the forum is where you can advertise, the rest of this forum is for education and general coin related conversation.

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Just Bob

Just Bob

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Posted (edited)
On 4/6/2024 at 8:27 PM, Henri Charriere said:

His link was to coins that he has for sale on eBay. He was trying pretend that he was asking about the coins, when he was actually trying to get people to look at the coins he had for sale. That is spam.

I don’t know how I messed this post up, but this is what I was quoting:

The gentleman, technically, wasn't selling anything. His Topic was essentially a solicitation for advice: Is this coin a better investment for a Newbie, or that one?  

Edited by Just Bob
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Captain Murder

Captain Murder

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On 4/5/2024 at 6:58 PM, VKurtB said:

Neither is a good value. Not even close. 

What should I price the Gold Mercury Dime PCGS 70 for then? To make it Worth Buying?

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