<< <i>well...i'm sure the seller has no remorse >>
That's not necessarily true. I could get quite a bit more for my 68DCAM Accented Hair and, while the money would be nice, I'd feel remorse letting it go. It, and the coin in this auction, are damned near impossible to replace. So, if the seller of this one is a collector he may be feeling some remorse.
How do the grading services know if the coin came out of a SMS or from a roll? Are there some characteristics that tip them off?
Advanced collector of BREWERIANA. Early beer advertising (beer cans, tap knobs, foam scrapers, trays, tin signs, lithos, paper, etc)....My first love...U.S. COINS!
<< <i>How do the grading services know if the coin came out of a SMS or from a roll? Are there some characteristics that tip them off? >>
Sometimes it's obvious, and sometimes it's a judgement call. When it's a judgement call on a high grade example it ends up in an SMS holder in the vast majority of cases. With this particular coin, I'd guess the heavy die polish and the weakness at the base of the shield tipped the balance in favor of business strike.
<< <i>How do the grading services know if the coin came out of a SMS or from a roll? Are there some characteristics that tip them off? >>
This is an interesting question. You may want to read this thread for your answer. If you believe this, maybe I could sell you the "London Bridge" at a bargin price!
I bought (2) of the 1966 MS67 coins a few years back and sold off (1) coin and kept one for my MS set. I think the coin fetched around $2,000 or so way back when. From there, just a steady rise in price year after year after year. These great early MS kennedys don't get any easier to slab - they get tougher and tougher and, hence, more valuable IMHO.
Ditto for clad Washington quarters, Memorial cents, etc., etc. ,etc.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
If that coin were in an ANACS, ICG or NGC holder, what would it bring?
Based on the close up photos, the coin does nothing for me. >>
People who haven't looked for clad don't realize how tough they can be.
Silver clad was alot easier to find with nice strikes but was often even tougher for clean surfaces. You could drive from bank to bank checking rolls and never find anything nice. Many coins don't appear in mint sets and you are dependent on someone having saved rolls and, of course, even if you can find rolls time hasn't done anything to improve them.
I don't think the coin is SMS. It just doesn't look SMS.
They used what were essentially proof dies and this looks like a circulation die. It also doesn't appear to have been struck with more tonnage. The strike is excellent and new dies were used but with all this going for it the lettering would probably be filled to the top if there were a high coinage force as was used in the SMS coins.
It's extremely unusual to see new dies which didn't originate in mint sets but every die was new once.
Whoever was selling last night on teletrade made some very nice prices on a lot of coins. Not just this one but a whole group put the price guide to shame. And my bids were blown out of the water early.
Gosh dang Jmj. You should have offered out the 1966 to the highest bidder. It's been a top my want list for years. I knew this was going to happen. I would have happily paid you 2/3 of last night's price. Last nights coin didn't look nice enough for me to bid at any price, but over $7K is now out of my budget anyway. Somehow I'm just way out of the loop when it comes to low pop Kennedys. I've been looking for them for years and somehow don't have any.
I would like to see that kind of record price this week on the Bay for my Top Pop 1967 SMS MS-67* Lincoln cent...I mean, we're talking in the same ball park here....kind of?
Gosh dang Jmj. You should have offered out the 1966 to the highest bidder.
I was young and didnt know what I had. I did have a small bidding war. Besides, I now have about 5 of my nicest coins after I made that deal. I am still very pleased with how the transaction went down. It was a real turning point in my coin collecting. A big learning experience...for the good
Thank you for this thread Russ! I think this one was worth the money. Any clad business strike coin from 65 thru 70 is almost impossible to get graded ms67 at PCGS. And the full step nickels are almost just as elusive. This coin must have very nice eye appeal in person. It would have to have a gem + strike and gem + luster to get that grade.
In an insane society, a sane person will appear to be insane.
Well hello old friend...Its been a long time since I've seen you. I graded that coin (along with 3 1967's in MS67) on one invoice back in Jan '03. I have pictures of it along with one of the 1967's on my website. I sold it for a mere $700 back then. Not a bad increase in just 5 years. Shortly after that submission, PCGS began calling everything SMS and changed their grading standards. It was actually kind of hazy (from being in a PVC flip submission holder) and had more contact than most would be comfortable with...but that was then and this is now. It appears to be in the same holder so I doubt it was "conserved", so I imagine the picture is actually a bit nicer than in hand. If it were cracked and resubmitted, I figure it would get a 64 (maybe even SMS). That's some expensive plastic!
Comments
BTW- IMO that coin looks more like a 66 than a 67, anyone else?
NOT.
Wondercoin
<< <i>Is that a pop top or smoething? >>
Close. There's one graded in MS68.
Russ, NCNE
<< <i>That's just "modern crap" and I am sure the buyer will likely lose 99% of his purchase price >>
This is true. It was also true when the last one to sell traded at about half this price.
Russ, NCNE
Russ, NCNE
<< <i>well...i'm sure the seller has no remorse >>
That's not necessarily true. I could get quite a bit more for my 68DCAM Accented Hair and, while the money would be nice, I'd feel remorse letting it go. It, and the coin in this auction, are damned near impossible to replace. So, if the seller of this one is a collector he may be feeling some remorse.
Russ, NCNE
it's like finding a 55 double die in a junk box
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
<< <i>BTW, the PCGS price guide is $2750.
Russ, NCNE >>
Wonder if they will change the price guide?
<< <i> << well...i'm sure the seller has no remorse >> >>
I bet the buyer is happy
Russ, NCNE
...and I keep buying old coins, what am I thinking?
Mike
<< <i>Did you grab this one, Tim?
Russ, NCNE >>
Not me, I already had one but they don't come around to often in that grade, pop 3 / 1.
Bidding was high on the coins I was watching, I only picked up the 1965 PCGS MS65 Rotated Die, happy with the price.
Tim knows something about that transaction.
I can see my ebay auction now: BID HIGH - IMAGINE - YOU TOO COULD FIND THIS ONE-IN-A-MILLION COIN IN THIS ROLL!!!!!
I knew it would happen.
<< <i>I had a home made one I sold a couple years ago to a forum member. I sold it for about 1/3 of that.
Tim knows something about that transaction.
Maybe, but I still like that Gettyberg that you weasled out of me
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
If that coin were in an ANACS, ICG or NGC holder, what would it bring?
Based on the close up photos, the coin does nothing for me.
<< <i>If that coin were in an ANACS, ICG or NGC holder, what would it bring? >>
ANACS and ICG, maybe $100. NGC, maybe $300.
Russ, NCNE
<< <i>why is that not an SMS? >>
Because it doesn't say SMS on the label. Duh.
Russ, NCNE
<< <i><< why is that not an SMS? >> >>
<< <i>Because it doesn't say SMS on the label. Duh.
COMPLETE KENNEDY VARIETY SET, CIRCULATION STRIKES AND PROOFS
1964 MINT SET
Isn't SEGS pop for MS 70's for this year like 1/3,000, hell there were millions made, I should make out just fine.
and it sets us apart from practitioners and consultants. Gregor
<< <i>Getting PCGS to put a 66 in an MS67 non-sms holder might easily take $8000 worth of fees! >>
That pretty much sums it up, particularly when it's an un-toned coin.
Russ, NCNE
<< <i>I don't understand this game I have a Ms 1966 and it looks like a 70 to me. Maybe I will send off to SEGS and get it verified!!
Isn't SEGS pop for MS 70's for this year like 1/3,000, hell there were millions made, I should make out just fine.
After reading your statement, I have to wonder if you even know what a MS60 coin looks like, let alone a MS70
Or maybe it is just that the TROLLS come out of the wood work on any type of thread
JMHO
<< <i>How do the grading services know if the coin came out of a SMS or from a roll? Are there some characteristics that tip them off? >>
Sometimes it's obvious, and sometimes it's a judgement call. When it's a judgement call on a high grade example it ends up in an SMS holder in the vast majority of cases. With this particular coin, I'd guess the heavy die polish and the weakness at the base of the shield tipped the balance in favor of business strike.
Russ, NCNE
<< <i>How do the grading services know if the coin came out of a SMS or from a roll? Are there some characteristics that tip them off? >>
This is an interesting question. You may want to read this thread for your answer. If you believe this, maybe I could sell you the "London Bridge" at a bargin price!
<< <i>
<< <i>I don't understand this game I have a Ms 1966 and it looks like a 70 to me. Maybe I will send off to SEGS and get it verified!!
Isn't SEGS pop for MS 70's for this year like 1/3,000, hell there were millions made, I should make out just fine.
After reading your statement, I have to wonder if you even know what a MS60 coin looks like, let alone a MS70
Or maybe it is just that the TROLLS come out of the wood work on any type of thread
JMHO >>
If you say so. Can't even make a funny. Another knucklebuck on my list.
Ditto for clad Washington quarters, Memorial cents, etc., etc. ,etc.
Wondercoin
rather get a Seated Liberty Half.
Camelot
<< <i>
<< <i>
<< <i>I don't understand this game I have a Ms 1966 and it looks like a 70 to me. Maybe I will send off to SEGS and get it verified!!
Isn't SEGS pop for MS 70's for this year like 1/3,000, hell there were millions made, I should make out just fine.
After reading your statement, I have to wonder if you even know what a MS60 coin looks like, let alone a MS70
Or maybe it is just that the TROLLS come out of the wood work on any type of thread
JMHO >>
If you say so. Can't even make a funny. Another knucklebuck on my list.
Why am I here?
Rob
"Those guys weren't Fathers they were...Mothers."
<< <i>Serious question:
If that coin were in an ANACS, ICG or NGC holder, what would it bring?
Based on the close up photos, the coin does nothing for me. >>
People who haven't looked for clad don't realize how tough they can be.
Silver clad was alot easier to find with nice strikes but was often even
tougher for clean surfaces. You could drive from bank to bank checking
rolls and never find anything nice. Many coins don't appear in mint sets
and you are dependent on someone having saved rolls and, of course,
even if you can find rolls time hasn't done anything to improve them.
They used what were essentially proof dies and this looks like a circulation die. It also
doesn't appear to have been struck with more tonnage. The strike is excellent and new
dies were used but with all this going for it the lettering would probably be filled to the
top if there were a high coinage force as was used in the SMS coins.
It's extremely unusual to see new dies which didn't originate in mint sets but every die
was new once.
And my bids were blown out of the water early.
How about sending in a raw 1966 bought for $4.50 and getting it in a PCGS MS67 slab on the first try. That would be a tough one.
I was young and didnt know what I had. I did have a small bidding war. Besides, I now have about 5 of my nicest coins after I made that deal. I am still very pleased with how the transaction went down. It was a real turning point in my coin collecting. A big learning experience...for the good
It was actually kind of hazy (from being in a PVC flip submission holder) and had more contact than most would be comfortable with...but that was then and this is now. It appears to be in the same holder so I doubt it was "conserved", so I imagine the picture is actually a bit nicer than in hand. If it were cracked and resubmitted, I figure it would get a 64 (maybe even SMS). That's some expensive plastic!