How much of a premium for the OGH

Boosibri · October 21, 2014 3:18AM

Had an interaction with a seller (dealer) looking for a large premium (30%) for an OGH CAC $20 over a similar quality CAC example in a current holder.

My question... What premium would you pay for a coin in an old holder vs a similar quality coin in current gen plastic?

Ronyahski · October 21, 2014 3:27AM

- $0.00 -

SeattleSlammer · October 21, 2014 3:53AM

Big premium for RD copper in OGH.

Broadstruck · October 21, 2014 3:57AM

The premium would depend on the coin however I prefer older holders for long term ownership as stability while stored in my SDB is my main concern.

TomB · October 21, 2014 4:01AM

I haven't noticed a premium associated with the OGH (doily excluded), but I have noticed increased liquidity for them.

steveben · October 21, 2014 4:10AM

which coin looks better?

ms70 · October 21, 2014 4:20AM

I personally think PCGS currently grades as conservatively as they did back in the OGH days. Of course that statement is open to wide debate but that's just
my observation / opinion.

ahopewell55 · October 21, 2014 4:25AM

Interesting question because I just bought a coin that fits those parameters. I think it depends on the coin. A fair amount of OGHs are conservatively graded compared to today's standards, and if you and the dealer agree that that's the case, then a premium would be warranted. I wouldn't pay a high premium just for any OGH though, only if I felt the coin was undergraded. Here's the coin I just purchased. According to the dealer, it's an undergraded coin and I agreed with him, so I paid a premium because it also has original surfaces. The coin, in hand, is very attractive. Also, be aware that the strike on the 1870-1875 Carson City double eagles was weak in the hair area and should not be confused with wear.

Wabbit2313 · October 21, 2014 4:29AM

Current standards are tougher.

That said, there is not enough info offered to even guess if it is worth 30% more. What happens at the next grade up? How does it look? Etc.

LindeDad · October 21, 2014 4:43AM

Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine.

DIMEMAN · October 21, 2014 4:48AM

No Way.

ranshdow · October 21, 2014 4:50AM

Zero. I don't collect OGHs and I stay away from coins in them because of the premium.

crypto79 · October 21, 2014 4:52AM

<< I haven't noticed a premium associated with the OGH (doily excluded), but I have noticed increased liquidity for them. >>

This although there are a few series where examples are rare or scarce that will incite spirited bidding. Also some series they actually bring down values such as DMPL

Boosibri · October 21, 2014 4:59AM

<< Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine. >>

Fair enough. I didn't want to post the coin because it is still for sale.

steveben · October 21, 2014 5:09AM

<< 

<< Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine. >>

Fair enough. I didn't want to post the coin because it is still for sale. >>

yeah, but wasn't the question based on the fact that both coins are in fact the same grade? if one is an upgrade candidate, that negates the question, no?

Boosibri · October 21, 2014 5:14AM

<< 

<< 

<< Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine. >>

Fair enough. I didn't want to post the coin because it is still for sale. >>

yeah, but wasn't the question based on the fact that both coins are in fact the same grade? if one is an upgrade candidate, that negates the question, no? >>

Both are the same technical grade, originality, etc. only difference to me is the OGH.

Broadstruck · October 21, 2014 5:15AM

How about this scenario...

1.) You buy the currently graded coin and happily save 30%.

2.) A few months pass and you notice your recent newp turning in the holder due to something which was unseen when graded.

3.) With the guarantee changes not only do you have to go through the hassle of shipping, waiting, but also paying.

4.) After a few months the coin returns fixed but looking different.

5.) You no longer like it and sell it off at a slight loss.

6.) You look for another and wish you'd paid up for the OGH example.

7.) Time is money and the lack of aggravation would have been well worth 30%

Edited to add:

I might pay more for a NGC non pronged or ANACS white chase holder too just for piece of mind

Walkerfan · October 21, 2014 5:19AM

If it is a NICE coin in an old slab then maybe 10-15% but it really depends on the coin more than the slab.

ahopewell55 · October 21, 2014 5:20AM

<< 

<< 

<< 

<< Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine. >>

Fair enough. I didn't want to post the coin because it is still for sale. >>

yeah, but wasn't the question based on the fact that both coins are in fact the same grade? if one is an upgrade candidate, that negates the question, no? >>

Both are the same technical grade, originality, etc. only difference to me is the OGH. >>

If the only difference is the OGH, then I would pass on the 30% premium. Maybe it's worth 10% more and an easier re-sell with little chance of it being puttied.

steveben · October 21, 2014 5:32AM

<< 

<< 

<< 

<< Most OGH's that deserved to be upgraded have been. Is this coin going to make it now? Have to see the coin to determine. >>

Fair enough. I didn't want to post the coin because it is still for sale. >>

yeah, but wasn't the question based on the fact that both coins are in fact the same grade? if one is an upgrade candidate, that negates the question, no? >>

Both are the same technical grade, originality, etc. only difference to me is the OGH. >>

then choose on eye appeal. you have a great eye.

PQueue · October 21, 2014 5:38AM

RE:
Both are the same technical grade, originality, etc. only difference to me is the OGH

As a collector of gold you should buy the coin, not the holder. Everyone would agree an OGH adds a certain cachet. I always have a preference when looking at 2 coins of the same grade & originality, etc. If you have not seen both in hand, perhaps you should. When/if you have, choose the one you deem the best value.

291fifth · October 21, 2014 6:19AM

Nothing. Buy the coin and not the holder.

Weiss · October 21, 2014 6:23AM

I'd probably buy the OGH over a modern slab just for the coolness. But if I paid a premium it would be awfully small.

A no-line fatty or a rattler is a different story. With either of them, and with the coin being all that, I like FadetoBlack's 10% or $100, whichever is less.

lkeigwin · October 21, 2014 6:27AM

I don't pay more for an OGH. Perhaps Tom is right and it'll be easier to sell down the road.

Given two equal coins at the same price and one is an OGH I'd choose that. Otherwise I'd buy the one I liked better.
Lance.

MsMorrisine · October 21, 2014 6:54AM

The third grade opinion on the OGH has been given by the, assumed, green bean.

If it doesn't need a gold bean, and isn't the best looking $20 in that grade, ... 30% on a $20 seems excessive.

MsMorrisine · October 21, 2014 6:56AM

<< I don't pay more for an OGH. Perhaps Tom is right and it'll be easier to sell down the road.

Given two equal coins at the same price and one is an OGH I'd choose that. Otherwise I'd buy the one I liked better.
Lance. >>

Would you pay 30% more for a green CAC OGH that is only slightly better in the grade?

Stooge · October 21, 2014 6:57AM

I believe that certain coins in OGH should receive a small premium, but it would depend on how badly you want the coin. I think there is a very thick line drawn here as some are yelling out "Buy the coin and not the holder", when we all know that is virtually impossible 100% of the time. I think that if you have an OGH with a very red 1955 DDO MS65RD and the coin may have been slabbed 20 years ago, well you might argue that the coin is quite stable in that holder vs. a last generation holder with a tri-gasket disc, and room for a lot of air. Only time will tell and I'm sure that it would be easier to buy the OGH instead of waiting 20 more years.

Elcontador · October 21, 2014 7:26AM

I would not buy any copper that is a Classic Large Cent or earlier unless it was in an OGH.

oreville · October 21, 2014 7:36AM

10% or $100 seems like a reasonable starting point but for an exceptional OGH / CAC stickered coin, could go even higher.

crazyhounddog · October 21, 2014 8:37AM

<< The premium would depend on the coin however I prefer older holders for long term ownership as stability while stored in my SDB is my main concern. >>

What he said!

dagman100 · October 21, 2014 9:20AM

Not a very scientific way but I would split the dollar difference between the current grade and next higher grade. OGH may mean an under-graded coin. The CAC certainly bodes well.

bob48 · October 21, 2014 9:20AM

I do collect them and I really don't want to pay much over a retail price for the coin if I agree with the grade on the holder.
But there are exceptions to this rule.

MGLICKER · October 21, 2014 9:24AM

<< I'd probably buy the OGH over a modern slab just for the coolness. But if I paid a premium it would be awfully small.

A no-line fatty or a rattler is a different story. With either of them, and with the coin being all that, I like FadetoBlack's 10% or $100, whichever is less. >>

Small premium here as well. Maybe $15 for a second generation and $25 for the rattler.

lkeigwin · October 21, 2014 9:35AM

<< 

<< I don't pay more for an OGH. Perhaps Tom is right and it'll be easier to sell down the road.

Given two equal coins at the same price and one is an OGH I'd choose that. Otherwise I'd buy the one I liked better.
Lance. >>

Would you pay 30% more for a green CAC OGH that is only slightly better in the grade? >>

That isn't OP's question. He said they are the same quality. So no, I wouldn't pay 30% more for the OGH.

If one was better than the other then yes, I would pay more. How much more would depend on how much nicer it was, and how much 30% amounts to.
Lance.

Walkerguy21D · October 21, 2014 9:40AM

What Lance said - I don't pay more for an OGH. Perhaps Tom is right and it'll be easier to sell down the road.

Given two equal coins at the same price and one is an OGH I'd choose that. Otherwise I'd buy the one I liked better.
Lance.

Another point - I saw a somewhat better late date walker in a 64 rattler holder at a show last weekend....sensing perhaps some
opportunity, I examined it....and it was lucky to have gotten a 64 at the time, because it wouldn't now. Way too many contact marks.

rxer · October 21, 2014 9:43AM

did somebody say red copper in OGH

Lakesammman · October 21, 2014 9:46AM

If it's a tough type coin and I'm doing a OGH set, maybe.

Common type coin, no way.

pennyannie · October 21, 2014 10:28AM

A 30% premium?? This is a great example of getting buried in a coin. I am sure the coin is nice and correctly graded as slabbed coins are suppose to be.

The coin should be a little easier to sell but not at a premium, ask your self how many dealers are going to pay YOU 30 percent extra for having your coins in OGH's when the time comes to sell.

I like buying coins in the OGH holders, I like the look a lot better than the blue insert but not for extra.

This would be a great question for someone on here that has Laura's super secret cell phone number to get her thoughts.

lasvegasteddy · October 21, 2014 10:41AM

none
i'm not into "holder" premium or added stickers

i was just looking at 42 proof walkers
one is a rattler with gold cac......"oh my".....pr64....$1150
one is current with green cac.......................pr66.....$625

sillyness is how i see it and in with the crowd who agrees
utter sillyness

Lakesammman · October 21, 2014 10:42AM

Checked ebay just now - there are over 50 $20's in OGH's, another 10 or so in rattlers.

RYK · October 21, 2014 10:46AM

"It depends"

pennyannie · October 21, 2014 11:16AM

I have seen a lot of OGH's holdered coins in the local B&M's around my area lately. A lot are graded ms60 to ms62, these were coins bought from the local dealers raw and sent in for graded back in the day. These have not been picked over for upgrade, regrade, sticker and what not. They are priced right to boot. I have been thinking of buying a few and see if they with be worthy of a football. If I do and they do I will list them at a premium.

roadrunner · October 21, 2014 11:21AM

$20's (and generally all BU gold) don't carry a big ogh premium like a lot of other coins might. A lot depends on the grade and date. A common type 3 $20 Lib in MS63 shouldn't carry more than a 5% premium. I had an 1893 $20 Lib in MS63 (ogh cac) and I had to work my tail off to get an extra 2-1/2% premium for that coin (that was mid-2011 though). Considering that gold doesn't really tone or corrode leaves you with just having to evaluate luster, strike, and marks....pretty easy. Not as bid and advantage to ogh's here vs. say 19th century silver and copper coinage. With ogh's having come out from say 1990-1998, that's a big window where the quality varied quite a bit. By 1998 the regrade bonanza was in full swing and those last couple of years tend to be no better than today's coins. From 1990-1993 the ogh's are probably pretty solid though.

Lakesammman · October 21, 2014 12:38PM

This is the type of OGH you want to find - the tough Ty2 but not called out on the holder.

Broadstruck · October 21, 2014 12:44PM

<< did somebody say red copper in OGH

>>

Would love to see the reverse!

In a newer holder no matter how many stickers it had I wouldn't even glance at a RD like this...

Since my coins only come home to visits 3-4 times a year it just wouldn't be worth the risk.

Cougar1978 · October 21, 2014 1:16PM

Zero - that dealer is full of it

I don't play the holder or sticker game.

telephoto1 · October 22, 2014 1:29AM

It has been and always should be about the coin, not the holder. Anyone paying stupid money based on a holder color without a quality coin inside it (or the ability to know whether it's a quality coin) is doomed to be disappointed.

asheland · March 3, 2015 6:17AM

I think any red copper that's been in a holder at least 10 years shows promise to stay red.
I'd pay a premium if I like the coin!

How much of a premium for the OGH

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