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1927 Saint - Now in hand, my pictures...Updated with better(?) pictures...

OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
edited January 24, 2020 4:43PM in U.S. Coin Forum

I was pleasantly surprised when I opened the package. This is, without doubt, the cleanest MS-62 I have ever seen. Beautiful combination of frost and luster.

Taken a few minutes ago at home. Boy, when it comes to coin photography, I suck out loud! I think the pictures I took in my truck came out better.



Comments

  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭

    Nice Coin!

    Ken
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    WOW, even better than originally thought. You (sorta) suck! :)

  • MFeldMFeld Posts: 13,659 ✭✭✭✭✭

    @Outhaul said:
    I was pleasantly surprised when I opened the package. This is, without doubt, the cleanest MS-62 I have ever seen. Beautiful combination of frost and luster.


    Are the darker areas on each side due to the lighting setup?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    Yup, it’s the lighting. Taken in my truck with an iPhone 😆

  • MFeldMFeld Posts: 13,659 ✭✭✭✭✭

    @Outhaul said:
    Yup, it’s the lighting. Taken in my truck with an iPhone 😆

    Whew!😉

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    I’ll take better ones when I get home. Just couldn’t wait.

  • ashelandasheland Posts: 23,257 ✭✭✭✭✭

    That's awesome! Congrats! Definitely sticker worthy, likely the sticker would match the coin. :)

  • coinkatcoinkat Posts: 23,259 ✭✭✭✭✭

    Looks to be a rattler... Common date but a wonderful example. Congrats

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,259 ✭✭✭✭✭

    There are many here that argue grade inflation is a significant problem. In looking at this coin today, would 62 seem the best option for the grade? Standards are important - but with gold coins- were the pre 1990 standards consistent with what reasonably should have been anticipated? I just do not see this as a 62 from the images then or today.

    Experience the World through Numismatics...it's more than you can imagine.

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    There may have been an edict at the time that coins exhibiting any high point friction could not be assigned a grade higher than 62, no matter how clean. Obviously, that is no longer the case. Change is inevitable. It's up to us to adapt.

  • erwindocerwindoc Posts: 5,143 ✭✭✭✭✭

    Id be proud to own it! Nice coin!

  • lkeneficlkenefic Posts: 8,160 ✭✭✭✭✭

    Wow! Ya dun good! !

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    I guess so. Nice coin!

  • ms70ms70 Posts: 13,954 ✭✭✭✭✭

    Sweet piece!

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • CatbertCatbert Posts: 7,248 ✭✭✭✭✭

    Really nice!

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    Better(?) pictures.

  • mark_dakmark_dak Posts: 1,117 ✭✭✭✭✭

    Nice coin but unfortunately you may want to live with the MS62 grade. Reholdering and going up one or two grades may not help if you're giving up what looks to be an older holder. Lots of collectors seem to prefer the older style holders, I'm not necessarily one of them. Not much difference between a MS62 and MS63 or MS64 on these common date Saints. It's a shame.

    Maybe just enjoy as it sits even though your instincts are probably correct and this could be graded higher... these coins are beautiful!!

  • 7Jaguars7Jaguars Posts: 7,500 ✭✭✭✭✭

    I like these coins, but that face looks demolished despite the Nice luster. I'm seeing 62 as reasonably fair despite all.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    @7Jaguars said:
    I like these coins, but that face looks demolished despite the Nice luster. I'm seeing 62 as reasonably fair despite all.

    Not too shabby. There are certainly worse on higher graded Saints...

  • crazyhounddogcrazyhounddog Posts: 13,984 ✭✭✭✭✭

    Baby oh baby👌👍🥳
    What a beautiful piece my coin brother, just beautiful. Nothing like a double eagle Saint to brighten up your day.
    Congratulations

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • PerryHallPerryHall Posts: 46,272 ✭✭✭✭✭

    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    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

  • ReadyFireAimReadyFireAim Posts: 1,828 ✭✭✭✭✭
    edited January 25, 2020 4:13AM

    @Outhaul said:
    Not too shabby. There are certainly worse on higher graded Saints...

    Here is MS64 for about $450,000.00

    I'd rather have this MS62 at $90,000.00

    (BTW...Check out the monster die crack :o )

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    edited January 25, 2020 4:13AM

    @ReadyFireAim said:

    @Outhaul said:
    Not too shabby. There are certainly worse on higher graded Saints...

    Here is MS64 for about $450,000.00

    Now THAT face on the MS-64 looks like Liberty went a round or two with Butterbean. :D

  • MFeldMFeld Posts: 13,659 ✭✭✭✭✭
    edited January 25, 2020 4:17AM

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ReadyFireAimReadyFireAim Posts: 1,828 ✭✭✭✭✭
    edited January 25, 2020 4:28AM

    @PerryHall said:
    ...many collectors will pay will pay a big premium for the gold sticker.

    Fourteen bucks for a gold bean on a OGH?
    I've seen people loose their minds over stuff like that. :D

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That is a big, beautiful, gold Saint Bob.....I would keep it as is....I am sure it would get a sticker, if that is important. Cheers, RickO

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    @MFeld said:

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    I don't know the market these days but a few years ago common date Mercs with gold stickers were fetching 4-5x what the next higher grade was worth. A lot of them were old NGC coins in 65 holders. People are apparently blinded by gold even when it's not metal!

  • MFeldMFeld Posts: 13,659 ✭✭✭✭✭

    @CoinJunkie said:

    @MFeld said:

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    I don't know the market these days but a few years ago common date Mercs with gold stickers were fetching 4-5x what the next higher grade was worth. A lot of them were old NGC coins in 65 holders. People are apparently blinded by gold even when it's not metal!

    The percentage spread in value between a 65, 66 and 67 Mercury dime dwarfs that of a Saint in 62, 63 and 64.

    The likely best case scenario for a seller of the Saint with a gold sticker, would be obtaining 64 money for it. How much, if anything more would that be, than the coin would bring, as is?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    @MFeld said:

    @CoinJunkie said:

    @MFeld said:

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    I don't know the market these days but a few years ago common date Mercs with gold stickers were fetching 4-5x what the next higher grade was worth. A lot of them were old NGC coins in 65 holders. People are apparently blinded by gold even when it's not metal!

    The percentage spread in value between a 65, 66 and 67 Mercury dime dwarfs that of a Saint in 62, 63 and 64.

    The likely best case scenario for a seller of the Saint with a gold sticker, would be obtaining 64 money for it. How much, if anything more would that be, than the coin would bring, as is?

    There's maybe a 30-35% price increase from 65fb to 66fb on a common WW2 Merc. While that may dwarf the difference for a Saint, if collectors are willing to pay 4x what something is worth because of a gold sticker, it's a moot point.

  • MFeldMFeld Posts: 13,659 ✭✭✭✭✭

    @CoinJunkie said:

    @MFeld said:

    @CoinJunkie said:

    @MFeld said:

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    I don't know the market these days but a few years ago common date Mercs with gold stickers were fetching 4-5x what the next higher grade was worth. A lot of them were old NGC coins in 65 holders. People are apparently blinded by gold even when it's not metal!

    The percentage spread in value between a 65, 66 and 67 Mercury dime dwarfs that of a Saint in 62, 63 and 64.

    The likely best case scenario for a seller of the Saint with a gold sticker, would be obtaining 64 money for it. How much, if anything more would that be, than the coin would bring, as is?

    There's maybe a 30-35% price increase from 65fb to 66fb on a common WW2 Merc. While that may dwarf the difference for a Saint, if collectors are willing to pay 4x what something is worth because of a gold sticker, it's a moot point.

    I stand by my assessment of the upside for the Saint. I understand that you and even many others might disagree.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • JimTylerJimTyler Posts: 3,452 ✭✭✭✭✭

    It does appear high end 62 and provides a desirable coin to own however when it comes time to sell you might as well cover the coin, dealers will only look at the number on the slab. I doubt a bump even for the rattler. Just my opinion and I can boast I am normally right 50% of the time. ( I should make that my signature line 😩)

  • mark_dakmark_dak Posts: 1,117 ✭✭✭✭✭

    @MFeld said:

    @PerryHall said:
    Looks like a good candidate for a gold CAC sticker. I don't need a sticker to tell me that coin is under graded using current grading standards but many collectors will pay will pay a big premium for the gold sticker.

    I disagree, at least with the practicality of submitting it. There’s not much of a price spread between 62’s, 63’s (and even 64’s). And the coin could bring something of a premium, due to its holder and appearance, anyway.

    Hate to admit the truth. My 1924 Saint in an NGC MS65 slab still only brings a small premium. Doesn't take away from the fact you picked up a real nice coin!

  • WillieBoyd2WillieBoyd2 Posts: 5,156 ✭✭✭✭✭
    edited January 25, 2020 7:41AM

    Nice coin.

    :)

    https://www.brianrxm.com
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  • Cougar1978Cougar1978 Posts: 8,310 ✭✭✭✭✭

    Really nice piece looks much nicer than assigned grade. Congrats on nice pickup.

    Coins & Currency
  • kazkaz Posts: 9,187 ✭✭✭✭✭

    Great looking Saint, congrats.

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