The Lengend coin was sold before when brought $14,688 in May 2016 Regency Auction. The realize price in the Jan auction was significant less. In 2016, the buyer must not have been able to upgrade, although it did get a new holder. It appear more than one person see more in this coin than an MS66. I personally think it is unfair comparison to the D.L. coin, if that one is just a solid MS66.
You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
Going by the photos, the first coin appears to have really strong luster, but that unfortunately placed mark under the eye of Ms. Liberty and a weaker strike on the reverse. The second coin has more subdued luster, but no distracting marks and a better strike. I would prefer the second coin, but I have seen luster make up for other problems in the graders’ minds for as long as there has been third party grading.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
There is nothing to discuss here. The images should not be used to compare anything. The two coins are night and day.
The Legend coin is acknowledged to be the finest by the best and brightest. It sold in auction for $32,900.00 07/2015. I resold it immediately. Coins just =do not sell for stupid money. Look at the 5C 1910 PCGS PR68 DC CAC that just brought $84G-it was a friggen monster. So is our 12S
Here is my 66 for comparison to the 2 others. In my opinion mine falls somewhere between the two. To my knowledge mine has never been sent for CAC review as I can't send my collection in myself.
Here is the TrueView pic:
Expensive Liberty Nickels in PC 6 took a price dive starting in 2015 when pops rapidly started to increase. I stopped following the series two years ago. The DL coin is slightly better than average re the average 12 S in PC 6 that you will find today. That was not the case four years ago.
I don't think the Legend coin would go for that price now, unless PCGS pops for the coin in PC 7 are increasing. I didn't see any 7s in this coin being made as of 2 years ago. Might add that Legend 12 S is about as good as you are going to get. Hair nearly complete and a full corn. This is atypical for a 1912 Liberty Nickel from any mint.
For comparison, an all there 1896 in PC 6 went for $18K in 2004. Another for $14K in Dec. of 2014. I passed on one in Sept. of 2016 for $6K, because I didn't see it as being a good value. It's one of the smarter decisions I have made.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
@Currin said:
The Lengend coin was sold before when brought $14,688 in May 2016 Regency Auction. The realize price in the Jan auction was significant less. In 2016, the buyer must not have been able to upgrade, although it did get a new holder. It appear more than one person see more in this coin than an MS66. I personally think it is unfair comparison to the D.L. coin, if that one is just a solid MS66.
Update to previous post. The Legend coin latest auction did not have a new holder from the orginal Heritage auction. In the orginal auction, the specimen did not have the CAC sticker, but the holder appears the same. I did not look close enough.
I think twenty or forty original pieces were graded and added to pops. Ditto with I think either the 1885 or 1886. This was a few years ago. The series has been subject to gradeflation in the last three years and per above, I am not aware of any new 7s being made.
So you have MS 66s of the 12S that on the continuum of the grade, are all over the place. No business strike Liberty Nickel is difficult to find, unless you want one in MS 67 or better.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
@Elmhurst said:
Didn't someone dump 3 or 4 of these in an auction last year, which tanked the price?
No, someone submitted a few original rolls which affected the prices.
Yes that's the party line and there is truth to it, but if you have followed the grading of these, there is no question that the standards have changed considerably. The difference is like comparing night to day.
Comments
Legend coin is better struck, so I’ll say that one.
"Got a flaming heart, can't get my fill"
Hint. The Lengend coin is the CAC coin...
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
The one without the large contact mark under her eye.
That is a 66?!
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
The legend coin is far better than 98% of ms66 slabbed 1912-s in my opinion
The Lengend coin was sold before when brought $14,688 in May 2016 Regency Auction. The realize price in the Jan auction was significant less. In 2016, the buyer must not have been able to upgrade, although it did get a new holder. It appear more than one person see more in this coin than an MS66. I personally think it is unfair comparison to the D.L. coin, if that one is just a solid MS66.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Define solid
Correctly graded or very close. Not a candidate for upgrading.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
it is hard to see these coins as being equal and graded the same. the bottom coin seems to be much better.
The second coin is in a league of its own. The hits in prime focal areas are too much for me to pay MS66 money for the first coin.
The one with full corn.
Going by the photos, the first coin appears to have really strong luster, but that unfortunately placed mark under the eye of Ms. Liberty and a weaker strike on the reverse. The second coin has more subdued luster, but no distracting marks and a better strike. I would prefer the second coin, but I have seen luster make up for other problems in the graders’ minds for as long as there has been third party grading.
There is nothing to discuss here. The images should not be used to compare anything. The two coins are night and day.
The Legend coin is acknowledged to be the finest by the best and brightest. It sold in auction for $32,900.00 07/2015. I resold it immediately. Coins just =do not sell for stupid money. Look at the 5C 1910 PCGS PR68 DC CAC that just brought $84G-it was a friggen monster. So is our 12S
And yes, our coin had plenty of luster.
Here is my 66 for comparison to the 2 others. In my opinion mine falls somewhere between the two. To my knowledge mine has never been sent for CAC review as I can't send my collection in myself.
Here is the TrueView pic:
Second is the better coin... Mark free and a EDS struck like a moose with full corn ears in the reverse wreath.
Yupper's for the Legend Nickel, far superior IMO
Steve
Expensive Liberty Nickels in PC 6 took a price dive starting in 2015 when pops rapidly started to increase. I stopped following the series two years ago. The DL coin is slightly better than average re the average 12 S in PC 6 that you will find today. That was not the case four years ago.
I don't think the Legend coin would go for that price now, unless PCGS pops for the coin in PC 7 are increasing. I didn't see any 7s in this coin being made as of 2 years ago. Might add that Legend 12 S is about as good as you are going to get. Hair nearly complete and a full corn. This is atypical for a 1912 Liberty Nickel from any mint.
For comparison, an all there 1896 in PC 6 went for $18K in 2004. Another for $14K in Dec. of 2014. I passed on one in Sept. of 2016 for $6K, because I didn't see it as being a good value. It's one of the smarter decisions I have made.
"Seu cabra da peste,
"Sou Mangueira......."
Didn't someone dump 3 or 4 of these in an auction last year, which tanked the price?
No, someone submitted a few original rolls which affected the prices.
Update to previous post. The Legend coin latest auction did not have a new holder from the orginal Heritage auction. In the orginal auction, the specimen did not have the CAC sticker, but the holder appears the same. I did not look close enough.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I think twenty or forty original pieces were graded and added to pops. Ditto with I think either the 1885 or 1886. This was a few years ago. The series has been subject to gradeflation in the last three years and per above, I am not aware of any new 7s being made.
So you have MS 66s of the 12S that on the continuum of the grade, are all over the place. No business strike Liberty Nickel is difficult to find, unless you want one in MS 67 or better.
"Seu cabra da peste,
"Sou Mangueira......."
Yes that's the party line and there is truth to it, but if you have followed the grading of these, there is no question that the standards have changed considerably. The difference is like comparing night to day.
I think i am confused, I was talking about the MS66+ we paid $32,900.00 for.
Today an MS66 CAC is worth around $12.5-$15G....