Reverse Rim Damage... Shucks!!
ilmcoins
Posts: 525 ✭✭✭✭
I was looking at this beauty at my LCS yesterday and almost pulled the trigger for less than the price on the flip. I am debating if I can get over the rim damage at 12:00 and 3:00 on the reverse. The obverse is find and the dings are not noticed until flipping the coin. Note that the angle of the picture is being nice to the hits... they look fairly deep from the other side. What would the price have to be for you to pull the trigger and rationalize the damage?
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Looks cleaned. I wouldn't buy a coin like this unless it were slabbed.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Pass. A problem example of a common date coin.
There's a third rim problem at 5:00. Three strikes and you're out!!!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Pass on that coin... those three spots of rim damage would forever haunt me....and get progressively worse (in my perception) the longer I owned it. Cheers, RickO
Step back. Look at the coin as a critical observer.
Any coin with a price tag over $500 is automatically suspect in my book. Why isn't it in a slab already?
If not a problem coin, the owner would be leaving lots of money on the table by selling it raw.
Then start a new sticker service.
Huh? Wha...? Oh, sorry.
OP,
I cannot say anything about the price but that is one of the more natural FHD I've seen in a month and we get several of these a week to grade - just about all have problems (mostly SURFACE damage and scruffed surfaces)!
Since the rims are damaged and bother you so much now, it is best to pass. Or, you could see if the price goes down more, buy it, send it to a TPGS (Genuine Only Tier) with a full insert around the coin and you will have an eye-catching Type coin. I believe that is a scratch on the reverse and not an adjustment mark.
The concerns you are expressing now will get worse if it is in your collection. If you think of flipping it see above posts.