I’ve noticed that many of the coins I buy , many at new highs in regards to price paid are not reflected on CoinFacts .
As an example ( see attached photo ) I paid $57,750.00 for a PCGS 1929 Saint ms 64 last month . Yet it’s not listed. Closet - cont. below pic
one listed is for $50,400.00
I think listing them would benefit both buyer and dealer as it would make paying new higher prices justifiable. It’s hard to plunk down a lot more money on a coin if all we see in recently solids being a lot less.
What say y’all ? GC , Legend , Witter ??
I certainly would like my coins entered .
Thank you
Vincent Savage
Comments
But I discarded the email because I don’t know if I’ll be insulting someone or over paying .
Pricing guides are a bit confusing .
There are many uneducated Saint buyers out there now. That is why you can sell a poop Saint in a holder (NO CAC) for too much. Do NOT be one of them
There was also a Fox and I think an Elisaberg coins that I let go at a certain point . That had I known then what I do now I’d probably have them in my safe now.
I firmly believe what you are saying and that CAC saints are the better investment.
Thank you
Vincent Savage
There was also a Fox and I think an Elisaberg coins that I let go at a certain point . That had I known then what I do now I’d probably have them in my safe now.
I firmly believe what you are saying and that CAC saints are the better investment.
Thank you
Vincent Savage
Based on my observations, CAC Saints certainly tend to be of better quality than non-CAC examples. However, when you buy coins as an “investment” - which I don’t recommend - it’s not just quality, that counts. It’s about cost, too.
And I’ve seen a great many transactions in which buyers have paid so much extra for quality, that I’m not optimistic about how their investments will perform.
Don’t get me wrong, I’m a very strong advocate of CAC and quality. But if you’re investing in coins, price shouldn’t be ignored. Often, it’s more difficult to determine how much extra to pay for quality than it is to recognize it in the first place.
For investments 90% is in property and the market . I don’t like cash very much . So when I buy higher grade saints etc I do so for enjoyment and I prefer to have them over piles of cash. I used the word investment when I really mean hedge against inflation .
None of us have a crystal ball but that’s why we diversify. I also have bought hundreds of guns over years which have performed better than AU bullion 😆.
How high do we go on an 08? It’s going over $6,000 now with the BP. Entering last years 67 numbers . I suspect it’s another frenzied bubble right now too. But at some point in the future it’ll all be worth more then it is today .
For investments 90% is in property and the market . I don’t like cash very much . So when I buy higher grade saints etc I do so for enjoyment and I prefer to have them over piles of cash. I used the word investment when I really mean hedge against inflation .
None of us have a crystal ball but that’s why we diversify. I also have bought hundreds of guns over years which have performed better than AU bullion 😆.
How high do we go on an 08? It’s going over $6,000 now with the BP. Entering last years 67 numbers . I suspect it’s another frenzied bubble right now too. But at some point in the future it’ll all be worth more then it is today .
I think $6000+ is too much for a CAC 66+ 1908 No Motto Saint. I’d pass, unless I knew it was phenomenal.
It sounds like you know the risks AND that you’re enjoying yourself. I like it when I hear that from collectors.👍
I think that you’re right too . It’s not much off melt value . Even if it were $400 off , that’s only $8k over $20 saints . I occasionally buy Details coins too for the bullion factor yet still get a 1912 as an example . I wouldn’t even mind cracking 10 or 20 of them just to have raw coins to play with ….🤓
On the 29 , not being the expert but it’s the cleanest one I’ve seen offered in the last couple of years and even looks better than most 65’s for that matter. But I think a long faint mark keeps it down . Shame since it hardly has a bag mark and the strike is nice.
I’ve been collecting 27’s ms 67 as well.
Outside of the 3 that are CACed , I think my 4 are also the cleanest I’ve seen among those offered these last 2 years . I plan on getting more . Corner the ‘27 ms 67 market ! 😂
the good ole days 😂
when I get an idea in my head it’s all or nothing ….