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oober
1000+ Penny Miser Member
USA
1304 Posts |
 Posted - 02/10/2009 : 21:20:09
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Ok, 1st of all I sometimes have a thought (yes it hurts too) anyways...
Numis hypothetical thinking. Say you have an opportunity to buy some coins. You have 20 dollars to spend.
You have either 2 1/2 dollars, or 10 dimes. As groups of one demonination or another, could there be more of an upside Numis speaking to buy the larger group of coins or smaller group of coins?
Obviously you have to take into consideration. Supply and demand, mintage, etc. But overall in your opinions if the supply and demand, mintages approximately the same.
ex.
1 1/2 dollar, 8 mil made, market is 100,000 people
1 dime 40 mil made, market is 500,000 people
Would one coin have an advantage to appreciate over another? Or should they appreciate the same?
And if they should, using the example above, what would you purchase and why?
I will share my opinion after some responses, I was just wondering what some of you fine people think. Thanks.
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fb101
Administrator
USA
2856 Posts |
Posted - 02/10/2009 : 21:31:34
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VERY hard call.
If you were talking Mercs vs. Kennedys, I'd bet on the mercs.
Walkers vs Rosies, likely the walkers.
Rosies vs. Kennedys - Rosies, mostly because if the demand ratio stays the same, any increase in demand would lean that way.
For the record, I don't consider anything past the 70's as collectible in circ type coinage. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 02/11/2009 : 06:17:25
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Take the oldest coins in the bunch, be them halves or dimes. I generally do not buy anything but bullion or junk, few "collector" pieces here. I'd honestly just get twice the amount in junk.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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keys
Penny Collector Member
383 Posts |
Posted - 02/11/2009 : 18:34:42
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I would go with dimes since you get more coins for the $20 purchase. I know the silver content evens out, but quantity is a value to be considered (more coins to sell, easier to trade dimes than halves if you need to, they are the smallest recognized silver coin and may not need to be divided when trading, possibly a minting error might be found in the dimes, etc.)
If you have to choose, as fb101 said, buy the junk silver that has the greatest appeal to collectors (Mercury Dimes, Walkers)
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I change with the times-
but like silver coins found in your change
I stay the same.
*****************
The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
Edited by - keys on 02/11/2009 18:57:10 |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 02/13/2009 : 10:40:46
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Actually this is a rather easy question. The reasoning is as noted, price and demand. The smaller the coins denomination, the more they are collected. Since many kids start out collecting coins as well as stickers, pencils, baseball cards or just about anything, they almost always start out with pennies. As kids get older and if they stick to coins, they usually move up in denomination to Nickels then Dimes, etc. Slight differences lately with those State Quarters that all kids seam to want.
Regardless of mintages of some coins, there are usually more kids collecting certain coins than remain after all the things coins go through. This is such things as throwing in wells, across rivers, placed on RR tracks, melted, stamped with logos, drilled for jewelry and lots of other things.
The results are the demand for lower denominations is always much better so in this story the Dimes would be the best bet. |
Carl |
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Numis thought/question?
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