22 replies to this topic

[gotboostedvr6]

What is a dollar coin?

[Zippity]

I didn't know what your largest (as in diameter) coin is 

[gotboostedvr6]

I was joking, I have an extensive coin collection.

[gotboostedvr6]

Can you see why this coin is interesting?

[gotboostedvr6]

A closeup

[Horsepower]

Something written above 1890?

[gotboostedvr6]

It's a die clash.

A die clash occurs when the obverse and reverse dies are damaged upon striking each other without a planchet between them.

[Zippity]

Does that make it more valuable?

[gotboostedvr6]

It's possible a clash might bring more money but they are common on Morgan dollars

[Dave Crevie]

The real valuable ones are the double-bangers. The ones were the coin shifted a little before the second strike. There will be what appears to

be a "shadow" around the image. The inspectors are supposed to catch these, but some do get into circulation. But we digress.

[Phil Smith]

Cool coin, David!

 

I have coins too. No rhyme nor reason to what I have, I just keep any interesting/valuable coin that comes in the pawn shop. After almost 12 years I have quite a few.

 

The most valuable coin I ever had was before I owned the pawn shop. I scrapped a late 1800's $20 gold coin for a friend. The refinery obviously didn't scrap it but that's all I got for it. I didn't know anything about or care about coins at the time. Really dumb on my part!

 

The most interesting thing I currently have is a box full of ancient Roman coins. They are very corroded, as in some of them have 25% or more of the metal is missing. Still, you'd think they'd be valuable. Nope. They're hardly worth anything.

 

https://www.ebay.com...leDesc=0&_oac=1

[MattD]

That coin was minted the same year most of these guys started racing slot cars?

 

I'm sorry if I hurt anybody's feelings!!!

[Shooter7mustang]

or if it has a CC mint mark

[Jason Holmes]

David

 

You have a 1922 Liberty laying around 

 

jason

[gotboostedvr6]

This one is nicer

[gotboostedvr6]

Or beauty in the eye of the beholder

[gotboostedvr6]

This one graded P01

 

[Dave Crevie]

I'm not a coin collector, but I save anything I think is interesting. I keep a PCGS (Professional Coin Grading Service) guide handy, just in case. I have found a few good examples that would have been passed on if I wasn't paying attention. The grading goes from PO, or poor, to BU, brilliant uncirculated. Each grade has numbers attached to show about where the coin falls in that grade. The grades are; PO, poor;  FR, fair;  AG, almost good;  G, good;  VG, very good; F, fine;  VF, very fine;  EF, extra fine;  AU, almost uncirculated; U, uncirculated;  and BU, brilliant uncirculated. Generally, you won't get uncirculated coins anywhere but in proof sets. But I have accumulated some VF and EF coins I got from the bank when they were freshly minted. Who knows? If by some strange quirk of fate I might live long enough, they might be worth something some day.   

[Phil Smith]

I'm not very knowledgeable about coins, but I've looked up plenty of old coins on eBay to see what they're worth. Usually not near what you would think. I assume that's because most coins are made by the millions. Even 100 plus years ago. And coins are very durable, so they survive well. So there's usually way more supply than there is demand. And consequently they're not worth all that much. Only coins that were made in limited numbers like the 1922 Liberty Jason mentioned are worth a lot. Small supply and large demand equals big bucks.

 

We get silver dollars all the time at my pawn shop. Newer ones and old ones. I think they're a coin that a lot of people have liked for generations, and they've been saving them for generations. And because of that there's a gazillion of them still out there.

[gotboostedvr6]

I'll keep this thread going with fresh pics as I go through my collection.

Something interesting going on with this pic

[Dave Crevie]

Looks like a missed second strike. And what looks like a crack, I believe to be flash/debris stuck to the blank that might have caused the

coin to shift after the first strike. Might be worth a few bucks. 

[gotboostedvr6]

Got a strong offer from JmBullion to sell direct.
$29 for each morgan, $27 for peace and $21 per dollar face of junk silver.

Might give up my silver hording hobby after 10 years collecting.... will turn a nice profit to boot.

[Phil Smith]

Silver is high right now: https://www.kitco.co...livesilver.html

 

I've been selling off 1 ounce bullion coins and modern silver dollars. Been easily getting $35 and up for them at my pawn shop. Keeping the old stuff for now, even though I don't have anything cool.

 

Did I mention my box full of Roman coins? I have at least 50 of them in horrible condition. Surprisingly they have very little value. A couple of bucks each if that much.