Home World & Ancient Coins Forum
Options

Key Date 1931 Palestine 100 Mils coin sold tonite at Heritage for $21,600

2»

Comments

  • Options
    atomatom Posts: 431 ✭✭✭✭

    @marcmoish said:

    @bidask said:
    I have a 1927 50 mild PCGS 66

    Wonder what that would bring ?

    That is a very rare grade indeed, especially in our host holder.
    I have seen very few true hi-end pcs, and do not hold NGC to same standards.
    For the record there is only YOUR sole example. In 65 only 2 pcs.
    True, NGC has 15+ pcs but irrelevant as comparison in this case.

    In answer to your question on value, likely north of 2K easily.

    The one and only piece presumably consigned by @bidask sold at Heritage last week for $800 plus juice.
    No surprise to me - having seen the coin. No eye appeal, and technically inferior to MS65 (that I have).
    I'm coming across more examples of gradeflation in the last five years; including Sofaer's coins sold at Goldbergs.
    ATS I'm finding a similar situation. Coins are now making the 66 or better! grades. Yet the earlier graded coins are stricter.

    https://coins.ha.com/itm/palestine/palestine-british-mandate-50-mils-1927-ms66-pcgs-/a/232112-64550.s?ic2=mytracked-lotspage-lotlinks-12202013&tab=MyTrackedLots-101116

  • Options
    atomatom Posts: 431 ✭✭✭✭

    @bidask said:

    @atom said:

    @bidask said:

    @atom said:

    @bidask said:
    I have a 1927 50 mild PCGS 66

    Wonder what that would bring ?

    1927 is first year, but isn’t a rare date.
    My guess would be ~500 if it’s truly gem. I saw an example at the ANA show in August, but IMHO the ms66 grade assigned wasn’t justifiable. I’ve got a MS65 that’s superior in technical terms and eye appeal.

    What were they asking for the one you saw at the ANA in 66 ?

    I answered your question; would you kindly answer mine?
    With just one recorded in pop report, that would make you the current owner! What did you pay for it?

    I am the owner of a 1927 50 mils in PCGS 66. It has glossy lustrous surfaces .... don't remember exactly what I paid for it but maybe around $500...

    I liked the fact it was a top pop at PCGS!

    If you think you have a superior 65 speciman maybe you should try to upgrade.

    Regardless of who the consignor was, I think $800 hammer was a disappointment.
    See previous post

    https://coins.ha.com/itm/palestine/palestine-british-mandate-50-mils-1927-ms66-pcgs-/a/232112-64550.s?ic2=mytracked-lotspage-lotlinks-12202013&tab=MyTrackedLots-101116

  • Options
    marcmoishmarcmoish Posts: 6,221 ✭✭✭✭✭

    @atom said:
    1931 100 Mils in MS64 hammered today in Goldberg's auction at $25,000


    I 've seen this example many years ago, possibly even sold this piece way back.
    I distinctly recall the dings on the Arabic date, and edge at 7 o'clock.

    @Atom your 58 is superior to this one and is undegraded.

    Congrats to the high bidder, whoever you are - not much action here anymore on Palestine .

    added 4.1.21 I never hit send :o

  • Options
    marcmoishmarcmoish Posts: 6,221 ✭✭✭✭✭
    edited April 1, 2021 11:09AM

    $960 sounds high, market has declined in this series, I am surprised.

    That said, I would have not paid more than a 65 price for this example, I don't like it as a 66. So $300 tops for THIS example. Compare with this 64+ for $188 on 1/14/15

    My MS64 sold in 2014 is way superior to this one, 4.16.14 $1880 MS64

    And that said , I really don't follow this much lately.

  • Options
    atomatom Posts: 431 ✭✭✭✭

    Yes, it's unfortunate that many buyers pay more attention to the label than the coin.

Sign In or Register to comment.