Saturday, November 5, 2011

Do You Specialize?

I was at a coin store the other day that I had not been to before.  It looked like a nice place and the dealer was pleasant.   As I was looking around at the mostly US offerings, (I live in the states) the dealer approached and asked me if he could help.  Cutting right to the chase I said “sure, do you have any Canadian large cents?”  This question usually brings an answer of “no, sorry, what else do you collect?” Sometimes I get “yes I have a few here somewhere”.  That response is usually followed by some rummaging around to produce a handful of low grade common date stuff anywhere from 1859 to 1920, with the emphasis on George.

This particular day, I got asked some qualifying questions in return.  “What dates are you interested in?  Are you looking for grade or circs?  I think I have a few certified as well, are you interested in those?”  OK I seem to be interfacing with a dealer that has stock.  This is unusual for me.  His questions really forced me to get more specific in my wants. 

“I’m really just looking for Victoria” comes my response.

He counters “What dates do still need?” OK, I’m going to have to get more specific. 

“I don’t really need any dates, I just collect Victoria.” 

“Oh, I have a selection of better grades, would you be interested in those?”

“It depends on the date.” I say.  At this point he is continuing to be very nice as he attempts to pull out of me what I actually want.  I find myself almost frustrated. Not at the dealer, but at the fact that I apparently don’t seem to know what I want.  I’m going to have to step up my game here.  “I’m focused on earlier dates at the moment, anything from 1858 through about 84 or so”.

“Ah, I have a number of 1859’s and some of the earlier ones, all circs, is that OK?”

“Yes that would be great!”

As he heads to the back room to get the appropriate box, it occurs to me that there are easy groupings that large cents fall into.  It’s not just that I am a large cent collector; I have groupings that I seem to pay attention to.  For instance I will by George, but I tend to stay BU.  Almost the same for Edward, I work AU and up.  These are nice groupings and one could easily specialize by king.  For Victoria, well, she seems to fragment much the way Liberty does on early US copper.  For Victoria, the groupings that seem natural to me are;

1858 – This is an outstanding variety year to collect.  Rob Turner has opened the collecting world’s eyes to this group.  The drawback is the coins are not pocket change.  Most collectors have 1 or 2 of these, not gobs of them.  I’m working on a variety set so I have several at the moment.

1859/8 – This is the short series.  There are only a few varieties in this group.  I had a full set of all the Obv. and Rev. combinations until Rob Turner published 1 other.  I’m in the hunt for it now as well.

1859’s – I’m not sure what to say about this group.  There are so many different ways that one could collect this date it is almost a single collecting focus in itself.  Brad Gravestone did a ton of work on these and Dr. Jim Haxby is currently in the process of publishing the die varieties.  For me, I like the re-punched 9’s and 5’s

I want to break the Dominion group by Obverse but I find that too restrictive so here is how I see it.

Obv. 1x – All the Obv. 1, 1a, 1a/1 coins from 1876 to 1886. This is a nice 5 year group with some spectacular varieties to look for.  Since the 84 and 86 Obv. 1 and 1a coin are single dies for those years it is really a 3 year group.

Early Obv. 2 – I group the 1882-1887’s together as well as the Obv. 2/1 stuff.

1888 – I see this as a great opportunity for study.  We all know that there are tons of repunched 8’s and the mintage numbers mean that we won’t be finding them all for a while.

Obv. 3 - All 3 years

1891 – All combinations of Obverse and reverse. There are lots of varieties here if you wanted to go for the entire set.  You’ll need a guide for this.  Look to Rob Turner for this series.

All Others – This groups coins from 1892 forward to 1901.  I used to think that there was not much going on here but there are lots of double punched numbers in the dates and various date spacing’s.

Heaton – Collect just H coins including the 1907

Is it any wonder that I had a hard time articulating what I wanted to look at!  I ended up buying some nicer circ 1859’s and an 81.  I’ll need to be more prepared next time I visit this particular shop. It’s nice to have choice but sometimes you really need to have focus on what your targets are.  Specializing in certain areas of large cents can be an outstanding way to broaden your collection.  Pick an area and dive in!

3 comments:

  1. Good to see a new post, Dan. I really enjoy your musings although this one has got me thinking.Focusing on a particular grouping changes me from a collector to a specialist, which is good in one way - I dig deeper and learn more, but it also leads me to ignore or pay less attention to other coins. I guess I need to devote more time to the large cents and do both - specialize and also collect other coins as well.

    Alan

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  2. Morning Dan,
    very nice job and something that was missing.
    Was actually "leaving " the large cent aera, as I indicated on another forum. There are just way too many for me to comprehend. I will still be buying if and when the opportunity presents itself. But will actually very soon offer most my Cents 4 sale and will only keep a few very high grades for investment purposes.
    Will migrate to NFL high grade from cents to gold, Canada silver 1858 to 1948
    good luck with the blog...
    HHB
    PS: just wondering what the "comment as" means??

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  3. As Carpman said, it was nice to see a new post. I thought that maybe your fingers were broken, because the old post was there so long. I always just tell the dealer that I'm looking for obscure unpublished varieties for the whole Vicky series, plus 1907 and 1919. You need to get up to the T.O. area again ... maybe next Torex.

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