@MasonG said:
It's unfortunate that a grading and value discussion couldn't have waited until the auction was over. It seems kind of cheesy to be badmouthing somebody's coin and soliciting comments regarding its lack of desirability while the auction is running.
When you (in general, not directed at any specific poster) go to sell your coins, would you be happy to find them being talked about the way this one is? "But that would never happen. My coins are nicer!"? Yeah, I'm sure that must be so.
IMO, of course. YMMV.
MasonG
You are correct and I should have waited until the auction was over. My sincere appoloies.
Then again, imagine how the buyer would feel reading the thread if posted AFTER the auction closed.
Anyway, it might have been better to ask if the die state should be considered when grading and pricing the coin, rathing that stating up front that you think the coin is overgraded and overpriced. Nobody could fault you for that.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
You can pay big money for late die states of high mintage coins; I won’t. Good luck getting you money back. I am speaking to most collectors, not specialists.
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 ... ?
@BillJones said:
You can pay big money for late die states of high mintage coins; I won’t. Good luck getting you money back. I am speaking to most collectors, not specialists.
I don’t trust sarcasm. People are now paying huge money for the worst coins graded. The ultimate late die states will probably get a following eventually, but not from me.
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 ... ?
Super-high grade coins are fine. Pricing gets to be a bit more “exciting” but really solid coins can be sold for really solid money. There are quite often deep pockets competing for the best. You just better know what you’re doing. You also need a realistic understanding of the depth of the active players in that part of the market at any given time.
Paying full money for the OP’s label (and associated coin) would be “someone not knowing what they’re doing.”
One thing that I am surprised no one has mentioned is that die eroded Buffalos often (though not always) have plus or even plus plus luster. I assume that is the case for this coin although absence of luster is easier to judge from photos than is its presence.
For MS Buffalos, the grading services value (may at times overvalue) luster.
"Look up, old boy, and see what you get." -William Bonney.
Comments
Then again, imagine how the buyer would feel reading the thread if posted AFTER the auction closed.
Anyway, it might have been better to ask if the die state should be considered when grading and pricing the coin, rathing that stating up front that you think the coin is overgraded and overpriced. Nobody could fault you for that.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
You can pay big money for late die states of high mintage coins; I won’t. Good luck getting you money back. I am speaking to most collectors, not specialists.
I was largely being sarcastic.
I don’t trust sarcasm. People are now paying huge money for the worst coins graded. The ultimate late die states will probably get a following eventually, but not from me.
I don’t collect super high graded examples of any series, there is no way that I could reliably tell the difference between an MS67 and MS68.
Super-high grade coins are fine. Pricing gets to be a bit more “exciting” but really solid coins can be sold for really solid money. There are quite often deep pockets competing for the best. You just better know what you’re doing. You also need a realistic understanding of the depth of the active players in that part of the market at any given time.
Paying full money for the OP’s label (and associated coin) would be “someone not knowing what they’re doing.”
This is a prime example of not trusting ngc grading. They seem to hand out higher grades fairly easy.
I find pcgs to to be much more consistent, stringent
Also a label can hypothetically say anything, but if you are in your head disagreeing with the grade, especially in this case, I’d stay away
Cac helps but isn’t the end all be all
One thing that I am surprised no one has mentioned is that die eroded Buffalos often (though not always) have plus or even plus plus luster. I assume that is the case for this coin although absence of luster is easier to judge from photos than is its presence.
For MS Buffalos, the grading services value (may at times overvalue) luster.
"Look up, old boy, and see what you get." -William Bonney.
Here is a pcgs graded ms65 with a green cahcah stickie:
a.k.a "The BUFFINATOR"