I currently have a very Saddle Ridge 1889-S in MS-63, bought it during the initial offering. At the time, that was the date that had less of a premium spread than the others so I picked it. I wasn't looking to flip or sell, and I enjoy owning the coin along with the presentation. It seems like many of these coins were very conservatively graded - many of the SR 62's and 63's look better than the other 64's out there. I haven't seen all that many auction records for these coins, but I did know of some that crossed over to NGC at a higher grade.
Blitz, your postings have gotten so ludicrous it make me wonder why you are even here. A player at $1500??? Lay off the 'shrooms before posting please, you sounds just like one of those sleazy gold buyers that pop into various towns, before disappearing like the weasels they are.
If auction prices drove it to higher premium levels, then I would consider it. A retail sticker offered out there by a promoter? No thanks. Here is the the thing, all 1899-S $20 gold coins have history. What makes one found in the mud more special?
@Outhaul said:
As an addendum to my last post. When these non (or borderline) numismatists swallow the hype and make the purchase, they will eventually want to sell. That's when the reality hits them and they sour on numismatics altogether. In their eyes, the entire industry is crooked.
Yeah, the industry sort of is crooked. It is just a matter of how long it takes to figure that out.
Think of it as a dinner out at a nice restaurant. You would tip for good service, but you wouldn't nearly double the price of the meal because the waiter kept the roll basket filled. At this particular numismatic meal you are paying for the gold, paying for the strike, paying for the authentification/restoration. If you want to give a tip of 10-15% for provenance that's OK. But, 55%....I don't think so.
@ARCO said: "If auction prices drove it to higher premium levels, then I would consider it. A retail sticker offered out there by a promoter? No thanks. Here is the the thing, all 1899-S $20 gold coins have history. What makes one found in the mud more special?
You really need to ask? Perhaps it is the "story."
Circulated Indian cents are mostly dreck; however, several prominent numismatists began their love of coin with one of these "special" cents. My "special" coin was a Sesqui $21/2 handed down to me as a child that my grandfather bought at the fair for my father. NEW THREAD ALERT! LOL. Probably already done before.
The better dates' premium is even greater relatively to the Facts at their much lower grades I am contemplating between the eye appeal or the semi / hard dates
@jonruns said:
A Saddle Ridge coin is on my bucket list too...I'm looking for a better date with a green sticker...at a 10 to 20% premium...
You seem to have eclectic tastes, spendable income, and no set numismatic goals at this time. If you like it, buy it. Just know that most coins are not the best investments.
There are several other historical offerings that are presented in a nice fashion as this coin. Coins from the S.S. Republic come to mind. This purchase may spur you to collect coins from other historical recoveries.
As for me, these things leave me cold. That premium would pay for some nice items from Mr. Carr that have a following and seem to do well on the secondary market.
Of course they were conserved...and he never said they weren’t. @Regulated and Kagin’s conserved the coins.
@Boosibri said: "Of course they were conserved...and he never said they weren’t. @Regulated and Kagin’s conserved the coins."
Well IMO, when you do a good job you should be willing to take credit for it such as this: **"PGCS didn't conserve the coins, Kagin's did and I helped."
@AUandAG said:
Ah com'n Paradisefound, take a chance and book a flight to Sacramento. Then head up into gold country, rent a metal detector and just find your own....still being done all the time and so much fun, clean air, exercise and a chance to find one of these: https://www.youtube.com/watch?v=aAAoPl5wvys
How is she going to shoot that nugget with a speargun ?
The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
From the $20s that I have bought and sold these do look high end with a very "slick" gold appeal. I would look to see what the coin sold for and offer a modest premium or just wait for deals to surface; or have a top dealer be on the lookout for you, many would be more than willing to do so at a 5% or so over cost price.
Very nice coin and the surfaces certainly look like they deserve a "+", that scratch through the hair jumps out though, hard to see it in the trueview.
IMO I would probably be willing to pay full 63+ retail and add maybe 10-20% for the SRH, that is, if I was looking for one. At the moment I can think of other things to spend $5k on.
FWIW, to me, eye appeal wins 98 times out of 100, but I don't collect "rare" coins.
@Insider2 said: @Regulated said: "PCGS didn't conserve a single coin in the group."
Who did? What you are asking us to believe is every coin in the rusty cans (Gold is impervious to almost anything) was not touched in any way!
No dust, dirt, nothing changed/removed for better eye-appeal (conserved). Conservation is not confined to a quick "dip."
It's very well documented in numerous articles that I personally conserved every piece in the hoard prior to sending the coins to PCGS. Before and after pictures were published at the time and are included in the booklets that came with every coin.
What is now proved was once only imagined. - William Blake
There is no question why they had to be conserved for their own good ..... from all the elements
IMHO there is nothing wrong with this type of conservation
@Insider2 said: @Regulated said: "PCGS didn't conserve a single coin in the group."
Who did? What you are asking us to believe is every coin in the rusty cans (Gold is impervious to almost anything) was not touched in any way!
No dust, dirt, nothing changed/removed for better eye-appeal (conserved). Conservation is not confined to a quick "dip."
It's very well documented in numerous articles that I conserved the hoard prior to sending the coins to PCGS. Before and after pictures were published at the time and are included in the booklets that came with every coin.
As an interesting aside, many of the highest grade coins in the group were almost fully encapsulated in rust (both 86-S $10s that graded MS66 were literally lumps of rust when I first saw them).
What is now proved was once only imagined. - William Blake
@Regulated said:
As an interesting aside, many of the highest grade coins in the group were almost fully encapsulated in rust (both 86-S $10s that graded MS66 were literally lumps of rust when I first saw them).
Thanks for this info. You did an outstanding job.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@amwldcoin said:
IMO they are the same coin with pictures taken under different lighting. The easiest comparison is the 2 horizontal hits on the T in Twenty!
@Paradisefound said:
The pictures of the coin in my initial post is the one I am considering and it is too I think under graded
@amwldcoin said:
Do You and everyone else realize this is the coin you are considering purchasing?
@Paradisefound said:
It is definitely under graded ...... MS65 at least or with the PLUS:)
@Regulated said:
How would this coin fare in a GTG contest?
I just looked up the slab number and posted the coin's picture from CoinFacts. Incidentally, the piece in question just sold publicly at a $5,100 or so. It's pretty fair to say that a part of the premium is due to quality. That being said, fewer than 1,000 Saddle Ridge Hoard coins exist in the original gold foil holders, so there's a fairly reasonable argument for an ongoing premium at some level for coins that aren't a point and a half undergraded.
What is now proved was once only imagined. - William Blake
CoinFacts and other valuation sites give valuations strictly on coins, not on any significant historic context that may surround them. That's up to the buyer and seller of any such coin to determine.
To answer @Regulated 's question, the coin offered appears to be clearly superior to the 64s cited. If one is making purchasing decisions based on comparing with similar coins, and CoinFacts facilitates this quite well, one may conclude that $5600 is a good price for that coin, especially if an in-hand comparison would confirm that it is far superior to the coin in the 64 holder that sold for $4900. In this case, any historic context premium is irrelevant.
I like the idea of walking away for a while a few days and coming back to the listing,.. If you still crave the coin, then pull the trigger!
I've done that. Most of the time I flat forget about the coin, a good sign that it's not that big of a deal, but the one that stays on my mind, I'll go for it!
I look at it like this. If I can afford to buy a Lamborghini instead of a Chevy then why not? Sure, you save a ton of money buying a Chevy but will it keep you happy? Either car will get you there and they both wear out eventually. If you can afford it and still be comfortable, go for it.
"May the silver waves that bear you heavenward be filled with love’s whisperings"
"A dog breaks your heart only one time and that is when they pass on". Unknown
Personally I'll take the other side...and say that if you love the coin...and plan to hold it for a few years...and have no expectations of making any money on it when you sell...it's worth the modest premium...
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@Insider2 said: @ARCO said: "If auction prices drove it to higher premium levels, then I would consider it. A retail sticker offered out there by a promoter? No thanks. Here is the the thing, all 1899-S $20 gold coins have history. What makes one found in the mud more special?
You really need to ask? Perhaps it is the "story."
Circulated Indian cents are mostly dreck; however, several prominent numismatists began their love of coin with one of these "special" cents. My "special" coin was a Sesqui $21/2 handed down to me as a child that my grandfather bought at the fair for my father. NEW THREAD ALERT! LOL. Probably already done before.
Insider, by all means, buy the "story". Hey, I love provenance and stories, but not for that premium. Seems most on the board agree.
You've got to really enjoy the story to pay a premium like that.
Unfortunately, most of "the story" is missing regarding the Saddle Ridge hoard.
We know how it was found, but why was it buried and by whom? Maybe the mystery intrigues people, but it is not something that captivates me in a way that would make me want to own an example.
I find coins that came off a documented shipwreck to be wholly more interesting.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I gave you my "straight forward opinion" and in turn got bashed as a sleazy gold buyer and a weasel. Oh the humility. sure hope you don't decide to OVERPAY like apparently someone did. lol
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@blitzdude said:
I gave you my "straight forward opinion" and in turn got bashed as a sleazy gold buyer and a weasel. Oh the humility. sure hope you don't decide to OVERPAY like apparently someone did. lol
OK, let me explain very slowly. There was a 63+ 1889-S Saddle Ridge $20 in the OP and you're "a player" at 1500 and 200 above your comfort level? What universe is that? You have a right to an opinion, but if you came up to me or anyone else with an offer like that for said coin, well...
I'm just going by the patterns you've exhibited in other threads. Guess that's how you get your jollies.
@blitzdude said:
I gave you my "straight forward opinion" and in turn got bashed as a sleazy gold buyer and a weasel. Oh the humility. sure hope you don't decide to OVERPAY like apparently someone did. lol
OK, let me explain very slowly. There was a 63+ 1889-S Saddle Ridge $20 in the OP and you're "a player" at 1500 and 200 above your comfort level? What universe is that? You have a right to an opinion, but if you came up to me or anyone else with an offer like that for said coin, well...
I'm just going by the patterns you've exhibited in other threads. Guess that's how you get your jollies.
That would be Blitzdudes universe. I hate dirty silver just as much as I hate overpaying for coins. Not that hard to comprehend really. My point was 5, 10, or 20 years from now nobody will care about saddle ridge. Melt is about $1200. Personally I'd pay up $300 due to grade and date although I'd be much more comfortable only paying up $100. Go ahead and pay $6K, just remember 5 years from now when you are selling to me, the sleazy gold weasel for $1300 that I told you so. Peace.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Nice looking coin you're considering. IMO, PCGS was very conservative on the SR coins as they had to guarantee the grade knowing they had been "conserved" elsewhere - again, no proof, just my opinion.
Glad all the "rust" wasn't removed from this one!
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
IMHO, this is yet another example of a neat story of a hoard. Much like recovered shipwreck pieces.
Yet to me, I don't see any reason to pay a huge premium. For shipwreck coins, i'd rather have one that wasn't on the bottom of the ocean for a century or two and conserved. For this hoard, I don't think paying $2k for a fancy box, book, and story is a winner.
Yet to others, this is fascinating and worth the premium. I just shake my head and recognize that others have different collecting tastes.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
To be fair....part of the premium is due to the fact that many believe it is undergraded a point or 2.
@Cameonut said:
IMHO, this is yet another example of a neat story of a hoard. Much like recovered shipwreck pieces.
Yet to me, I don't see any reason to pay a huge premium. For shipwreck coins, i'd rather have one that wasn't on the bottom of the ocean for a century or two and conserved. For this hoard, I don't think paying $2k for a fancy box, book, and story is a winner.
Yet to others, this is fascinating and worth the premium. I just shake my head and recognize that others have different collecting tastes.
The grade looks to spot on, but that sounds like too much money to me. I usually think of the "Coin Facts" price guide numbers to be the upper limit of what I will pay. When the asking price is 55% above that, my gut tells me to pass.
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 ... ?
Does it compare favorably to either of these? Edited to add: both of these coins are MS64 graded, and sold recently at auction.
I don't think those two coins are MS 64.
The 1889-s in question is nice. I had the same trouble pulling the trigger on the 1857-S Central America coins.
I pulled the trigger. Not a problem.
This coin in question is that a scratch at 12:00 through to the braided hair? I'd have to pass, but NOT because of the price, but because of that mark. Find another coin, it's not significantly rare enough for the premium.
If you like unique history to attached to your coin, then go for it. I personally do not particularly value coins that have stories attached, but that is just my preference. If I had found such a hoard, you can bet I would value them and the story...Or if I found a gold double eagle on some sandy beach, you can bet it would be special to me. Other people's stories do not impart value to me...That is just my personal opinion. Cheers, RickO
If we could attach more legitimate stories to coins (not in a sleazy marketing way) then we would have a lot more collectors in our hobby. For me it’s all about the story. Usually we have no clue where the coins have been, so at least in the case of the SR coins we have some understanding of the journey.
@amwldcoin said:
To be fair....part of the premium is due to the fact that many believe it is undergraded a point or 2.
@Cameonut said:
IMHO, this is yet another example of a neat story of a hoard. Much like recovered shipwreck pieces.
Yet to me, I don't see any reason to pay a huge premium. For shipwreck coins, i'd rather have one that wasn't on the bottom of the ocean for a century or two and conserved. For this hoard, I don't think paying $2k for a fancy box, book, and story is a winner.
Yet to others, this is fascinating and worth the premium. I just shake my head and recognize that others have different collecting tastes.
OK, fair enough.
I don't believe it is undergraded, but I don't have the coin in hand.
How about sending this piece to CAC for a gold bean?
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
I was going to pull the trigger on an MS63 double eagle (can't remember the year, but a common year/mint mark) when they sold directly on Amazon, but decided not to.
Has anyone tracked how well the coins have held up in value (overall), from initial sales to now?
Comments
I currently have a very Saddle Ridge 1889-S in MS-63, bought it during the initial offering. At the time, that was the date that had less of a premium spread than the others so I picked it. I wasn't looking to flip or sell, and I enjoy owning the coin along with the presentation. It seems like many of these coins were very conservatively graded - many of the SR 62's and 63's look better than the other 64's out there. I haven't seen all that many auction records for these coins, but I did know of some that crossed over to NGC at a higher grade.
Blitz, your postings have gotten so ludicrous it make me wonder why you are even here. A player at $1500??? Lay off the 'shrooms before posting please, you sounds just like one of those sleazy gold buyers that pop into various towns, before disappearing like the weasels they are.
10-4,
My Instagram picturesErik
My registry sets
If auction prices drove it to higher premium levels, then I would consider it. A retail sticker offered out there by a promoter? No thanks. Here is the the thing, all 1899-S $20 gold coins have history. What makes one found in the mud more special?
Yeah, the industry sort of is crooked. It is just a matter of how long it takes to figure that out.
Think of it as a dinner out at a nice restaurant. You would tip for good service, but you wouldn't nearly double the price of the meal because the waiter kept the roll basket filled. At this particular numismatic meal you are paying for the gold, paying for the strike, paying for the authentification/restoration. If you want to give a tip of 10-15% for provenance that's OK. But, 55%....I don't think so.
Good luck with your decision.
For that asking price, I would go for a California private issue.
@ARCO said: "If auction prices drove it to higher premium levels, then I would consider it. A retail sticker offered out there by a promoter? No thanks. Here is the the thing, all 1899-S $20 gold coins have history. What makes one found in the mud more special?
You really need to ask? Perhaps it is the "story."
Circulated Indian cents are mostly dreck; however, several prominent numismatists began their love of coin with one of these "special" cents. My "special" coin was a Sesqui $21/2 handed down to me as a child that my grandfather bought at the fair for my father. NEW THREAD ALERT! LOL. Probably already done before.
I'm with you! Far more desirable and historical.
Cheers
Bob
MS67
My YouTube Channel
She's a beauty PF! I just cringe a little at that premium! ----------->
My YouTube Channel
What ever you do; that sure is one pretty coin.
The better dates' premium is even greater relatively to the Facts at their much lower grades
I am contemplating between the eye appeal or the semi / hard dates 
Do You and everyone else realize this is the coin you are considering purchasing?
Of course they were conserved...and he never said they weren’t. @Regulated and Kagin’s conserved the coins.
Latin American Collection
@Boosibri said: "Of course they were conserved...and he never said they weren’t. @Regulated and Kagin’s conserved the coins."
Well IMO, when you do a good job you should be willing to take credit for it such as this: **"PGCS didn't conserve the coins, Kagin's did and I
helped." 
The pictures of the coin in my initial post is the one I am considering and it is too I think under graded
How is she going to shoot that nugget with a speargun ?
From the $20s that I have bought and sold these do look high end with a very "slick" gold appeal. I would look to see what the coin sold for and offer a modest premium or just wait for deals to surface; or have a top dealer be on the lookout for you, many would be more than willing to do so at a 5% or so over cost price.
Very nice coin and the surfaces certainly look like they deserve a "+", that scratch through the hair jumps out though, hard to see it in the trueview.
IMO I would probably be willing to pay full 63+ retail and add maybe 10-20% for the SRH, that is, if I was looking for one. At the moment I can think of other things to spend $5k on.
FWIW, to me, eye appeal wins 98 times out of 100, but I don't collect "rare" coins.
Collector, occasional seller
It's very well documented in numerous articles that I personally conserved every piece in the hoard prior to sending the coins to PCGS. Before and after pictures were published at the time and are included in the booklets that came with every coin.
What is now proved was once only imagined. - William Blake
@crazyhounddog
There is no question why they had to be conserved for their own good ..... from all the elements
IMHO there is nothing wrong with this type of conservation
As an interesting aside, many of the highest grade coins in the group were almost fully encapsulated in rust (both 86-S $10s that graded MS66 were literally lumps of rust when I first saw them).
What is now proved was once only imagined. - William Blake
Thanks for this info. You did an outstanding job.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
IMO they are the same coin with pictures taken under different lighting. The easiest comparison is the 2 horizontal hits on the T in Twenty!
I just looked up the slab number and posted the coin's picture from CoinFacts. Incidentally, the piece in question just sold publicly at a $5,100 or so. It's pretty fair to say that a part of the premium is due to quality. That being said, fewer than 1,000 Saddle Ridge Hoard coins exist in the original gold foil holders, so there's a fairly reasonable argument for an ongoing premium at some level for coins that aren't a point and a half undergraded.
What is now proved was once only imagined. - William Blake
CoinFacts and other valuation sites give valuations strictly on coins, not on any significant historic context that may surround them. That's up to the buyer and seller of any such coin to determine.
To answer @Regulated 's question, the coin offered appears to be clearly superior to the 64s cited. If one is making purchasing decisions based on comparing with similar coins, and CoinFacts facilitates this quite well, one may conclude that $5600 is a good price for that coin, especially if an in-hand comparison would confirm that it is far superior to the coin in the 64 holder that sold for $4900. In this case, any historic context premium is irrelevant.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I like the idea of walking away for a while a few days and coming back to the listing,.. If you still crave the coin, then pull the trigger!
I've done that. Most of the time I flat forget about the coin, a good sign that it's not that big of a deal, but the one that stays on my mind, I'll go for it!
My YouTube Channel
Man, I sure wish I could find a can of Double Eagles on my property.
If you like it go for it, I think it's pretty cool...
I look at it like this. If I can afford to buy a Lamborghini instead of a Chevy then why not? Sure, you save a ton of money buying a Chevy but will it keep you happy? Either car will get you there and they both wear out eventually. If you can afford it and still be comfortable, go for it.
"A dog breaks your heart only one time and that is when they pass on". Unknown
Straight answer, its not worth the premium end of story. Having said that it's a very nice coin and is worth some premium.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Personally I'll take the other side...and say that if you love the coin...and plan to hold it for a few years...and have no expectations of making any money on it when you sell...it's worth the modest premium...
I want a Saddle Ridge coin now. David?
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Cruel GTG/Giveaway posted.
What is now proved was once only imagined. - William Blake
Insider, by all means, buy the "story". Hey, I love provenance and stories, but not for that premium. Seems most on the board agree.
You've got to really enjoy the story to pay a premium like that.
Unfortunately, most of "the story" is missing regarding the Saddle Ridge hoard.
We know how it was found, but why was it buried and by whom? Maybe the mystery intrigues people, but it is not something that captivates me in a way that would make me want to own an example.
I find coins that came off a documented shipwreck to be wholly more interesting.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I gave you my "straight forward opinion" and in turn got bashed as a sleazy gold buyer and a weasel. Oh the humility. sure hope you don't decide to OVERPAY like apparently someone did. lol
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@Paradisefound
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
OK, let me explain very slowly. There was a 63+ 1889-S Saddle Ridge $20 in the OP and you're "a player" at 1500 and 200 above your comfort level? What universe is that? You have a right to an opinion, but if you came up to me or anyone else with an offer like that for said coin, well...
I'm just going by the patterns you've exhibited in other threads. Guess that's how you get your jollies.
10-4,
My Instagram picturesErik
My registry sets
It's a nice coin and if you really want it, make the seller an offer. Don't let it be the one years from now you regret not buying if you love it.
For me, if the type coin lit my fire, I’d buy one without the story/box premium. That way, my money paid would be all about the coin.
In any event, you must follow your own instincts and kudos to you for pausing and thinking before acting.
"Got a flaming heart, can't get my fill"
That would be Blitzdudes universe. I hate dirty silver just as much as I hate overpaying for coins. Not that hard to comprehend really. My point was 5, 10, or 20 years from now nobody will care about saddle ridge. Melt is about $1200. Personally I'd pay up $300 due to grade and date although I'd be much more comfortable only paying up $100. Go ahead and pay $6K, just remember 5 years from now when you are selling to me, the sleazy gold weasel for $1300 that I told you so. Peace.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Nice looking coin you're considering. IMO, PCGS was very conservative on the SR coins as they had to guarantee the grade knowing they had been "conserved" elsewhere - again, no proof, just my opinion.
Glad all the "rust" wasn't removed from this one!
IMHO, this is yet another example of a neat story of a hoard. Much like recovered shipwreck pieces.
Yet to me, I don't see any reason to pay a huge premium. For shipwreck coins, i'd rather have one that wasn't on the bottom of the ocean for a century or two and conserved. For this hoard, I don't think paying $2k for a fancy box, book, and story is a winner.
Yet to others, this is fascinating and worth the premium. I just shake my head and recognize that others have different collecting tastes.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
To be fair....part of the premium is due to the fact that many believe it is undergraded a point or 2.
The grade looks to spot on, but that sounds like too much money to me. I usually think of the "Coin Facts" price guide numbers to be the upper limit of what I will pay. When the asking price is 55% above that, my gut tells me to pass.
Does it compare favorably to either of these? Edited to add: both of these coins are MS64 graded, and sold recently at auction.
I don't think those two coins are MS 64.
The 1889-s in question is nice. I had the same trouble pulling the trigger on the 1857-S Central America coins.
I pulled the trigger. Not a problem.
This coin in question is that a scratch at 12:00 through to the braided hair? I'd have to pass, but NOT because of the price, but because of that mark. Find another coin, it's not significantly rare enough for the premium.
Bury feet in sand was a fun idea/remark/advice.
Don't buy it.
If you like unique history to attached to your coin, then go for it. I personally do not particularly value coins that have stories attached, but that is just my preference. If I had found such a hoard, you can bet I would value them and the story...Or if I found a gold double eagle on some sandy beach, you can bet it would be special to me. Other people's stories do not impart value to me...That is just my personal opinion. Cheers, RickO
If we could attach more legitimate stories to coins (not in a sleazy marketing way) then we would have a lot more collectors in our hobby. For me it’s all about the story. Usually we have no clue where the coins have been, so at least in the case of the SR coins we have some understanding of the journey.
OK, fair enough.
I don't believe it is undergraded, but I don't have the coin in hand.
How about sending this piece to CAC for a gold bean?
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
I was going to pull the trigger on an MS63 double eagle (can't remember the year, but a common year/mint mark) when they sold directly on Amazon, but decided not to.
Has anyone tracked how well the coins have held up in value (overall), from initial sales to now?