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Should I have cracke this proof Barber half out.

Should I have cracke this 1901 proof Barber half out?



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  • Iceman6628Iceman6628 Posts: 16 ✭✭
    edited June 21, 2024 10:46AM

    It's to late

  • PeakRaritiesPeakRarities Posts: 3,700 ✭✭✭✭✭

    Leave it, Im having trouble getting to 68 with those pictures but Im ok with it at that level. A PCGS 68 would need more oomph imo.

    Founder- Peak Rarities
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  • lkeneficlkenefic Posts: 8,160 ✭✭✭✭✭

    ouch...

    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.
  • FlyingAlFlyingAl Posts: 3,179 ✭✭✭✭✭

    That is unfortunate. Send it to CAC to try for the gold now IMO.

    Coin Photographer.

  • MWallaceMWallace Posts: 4,084 ✭✭✭✭✭

    I would have left it. However it is a beauty no matter what the "number" is.
    Are you happy with if being a PCGS 66 versus a NGC 68?

  • oldabeintxoldabeintx Posts: 1,893 ✭✭✭✭✭

    No.

  • pmh1nicpmh1nic Posts: 3,271 ✭✭✭✭✭

    Wow, NGC 68 to PCGS 66!

    When it comes to judging coins in these lofty grades very minor things that can easily be missed in a photograph, that might hold a coin back, can more easily be seen in hand. That said, 68 to 66 means somebody really screwed up.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • UltraHighReliefUltraHighRelief Posts: 2,315 ✭✭✭✭✭
  • ColonialcoinColonialcoin Posts: 655 ✭✭✭✭
    edited June 21, 2024 3:53PM

    Cracking out a proof-68 Barber? Playing the sticker game would have been a far cheaper option. I’m afraid the horse has left the barn.

  • CoinscratchCoinscratch Posts: 8,633 ✭✭✭✭✭

    @DoubleEagle59 said:
    I'm all for trying the crack out game, but in this particular case when you had a very high grade in the first place and you were trying to get the same or even one higher grade from a tougher grading company, in my opinion, it was a very bad idea with very little chance for financial gain.

    It’s not an opinion it’s a once again proven fact.

  • crazyhounddogcrazyhounddog Posts: 13,961 ✭✭✭✭✭

    That is unfortunate. :(

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • DisneyFanDisneyFan Posts: 2,043 ✭✭✭✭✭

    I think your first tip was the original NGC slab did not have a CAC.

  • MartinMartin Posts: 952 ✭✭✭✭✭

    The real question here is why should you? I’d like to know your thoughts as to why you did
    @Iceman6628
    Thanks
    Martin

  • RobertScotLoverRobertScotLover Posts: 903 ✭✭✭✭✭

    oopsy

  • humanssuckhumanssuck Posts: 405 ✭✭✭✭✭

    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

  • TwobitcollectorTwobitcollector Posts: 3,337 ✭✭✭✭✭

    It's your coin, do as you please.
    Me I would have left it alone

    Positive BST Transactions with:
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  • MFeldMFeld Posts: 13,377 ✭✭✭✭✭

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

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

  • LuxorLuxor Posts: 466 ✭✭✭✭✭
    edited June 22, 2024 6:53AM

    **

    Your hobby is supposed to be your therapy, not the reason you need it.

  • MFeldMFeld Posts: 13,377 ✭✭✭✭✭

    @Luxor said:
    **

    Good decision.

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

  • humanssuckhumanssuck Posts: 405 ✭✭✭✭✭

    @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I have. I sold a couple extras last year. Whatever wholesale sheet most of the dealers reference was getting me offers in the 2000-2500 range, which i assume is what you're looking at. It took some legwork, but i was able to find buyers for the 2 i had at 4k each. I dont consider that a significant loss from the auction result, if we assume thats what he paid.

  • silverman68silverman68 Posts: 542 ✭✭✭

    Bummer

  • Elcontador1Elcontador1 Posts: 100 ✭✭✭

    To quote a gay friend, "you don't get 'lube' with that." Buy a coin you like in a holder you like, and leave it alone.

  • MFeldMFeld Posts: 13,377 ✭✭✭✭✭

    @Luxor said:
    **

    Good decision.> @humanssuck said:

    @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I have. I sold a couple extras last year. Whatever wholesale sheet most of the dealers reference was getting me offers in the 2000-2500 range, which i assume is what you're looking at. It took some legwork, but i was able to find buyers for the 2 i had at 4k each. I dont consider that a significant loss from the auction result, if we assume thats what he paid.

    I think you did well at $4000 each. Regardless, if he lost anywhere close to the difference between roughly $5500 and $4000, that’s substantially more than “I doubt he's lost much if anything other than a clearly wrong grade”.

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

  • humanssuckhumanssuck Posts: 405 ✭✭✭✭✭

    @MFeld said:

    @Luxor said:
    **

    Good decision.> @humanssuck said:

    @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I have. I sold a couple extras last year. Whatever wholesale sheet most of the dealers reference was getting me offers in the 2000-2500 range, which i assume is what you're looking at. It took some legwork, but i was able to find buyers for the 2 i had at 4k each. I dont consider that a significant loss from the auction result, if we assume thats what he paid.

    I think you did well at $4000 each. Regardless, if he lost anywhere close to the difference between roughly $5500 and $4000, that’s substantially more than “I doubt he's lost much if anything other than a clearly wrong grade”.

    I believe that with that level of contrast on the coin he could do better than I did with the right buyer, hence my original comment.

  • Iceman6628Iceman6628 Posts: 16 ✭✭

    It shouldn't be to hard to find out what I paid for it.

    Hint:

    Bought at Heritage on Nov 17, 2023 for: $5,520.00

  • @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I bought the coin, not the holder. You don't loose until you sell. It's a nice coin; but I never expected a PCGS 68. I was hoping for a 67. I don't like NGC holders (just a persona preference). Thank you everyone for your comments.

  • Cougar1978Cougar1978 Posts: 8,168 ✭✭✭✭✭
    edited June 25, 2024 2:25PM

    No - I play to win not lose. If submitting something like a 68 I would specify minimum grade on the form (68 or higher). No holder or sticker game for me lol - would spend that (loss) on nice slabbed bullion coins. Would price the 68 around NGC price then might discount during haggling if some room. Additionally that piece only 68 of that issue in bourse room, a corner stone coin. Looks like nice coin, 70 is perfect lol.

    Coins & Currency
  • skier07skier07 Posts: 3,960 ✭✭✭✭✭

    @Iceman6628 said:

    @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I bought the coin, not the holder. You don't loose until you sell. It's a nice coin; but I never expected a PCGS 68. I was hoping for a 67. I don't like NGC holders (just a persona preference). Thank you everyone for your comments.

    If you like coins in PCGS holders I would suggest not buying coins in NGC holders. Very few of us, myself included, are successful in the crossover game.

    Strongly disagree with “you don’t looose until you sell” comment. If I bought a stock at $50/share and it’s worth $25/share today I guess I haven’t lost any money today because I haven’t sold the stock although the value of the stock is worth 50% less. You may have to wait 25 years if you’re lucky until being able to break even on your coin.

  • MFeldMFeld Posts: 13,377 ✭✭✭✭✭

    @skier07 said:

    @Iceman6628 said:

    @MFeld said:

    @humanssuck said:
    I dont see it being a 68, and apparently neither did anyone else bidding on it in the auction since it went for 66+ money. I seriously doubt any proof barber collector would ever pay 68 money for that coin, so leaving it in that holder isnt the prize that so many people seem to think it is by all the posts saying he made a mistake.
    I doubt he's lost much if anything other than a clearly wrong grade.

    Have you looked at what PCGS Proof 66’s tend to bring? It’s a lot less than what the coin brought in the NGC Proof 68 holder. So there likely is a significant loss involved.

    I bought the coin, not the holder. You don't loose until you sell. It's a nice coin; but I never expected a PCGS 68. I was hoping for a 67. I don't like NGC holders (just a persona preference). Thank you everyone for your comments.

    If you like coins in PCGS holders I would suggest not buying coins in NGC holders. Very few of us, myself included, are successful in the crossover game.

    Strongly disagree with “you don’t looose until you sell” comment. If I bought a stock at $50/share and it’s worth $25/share today I guess I haven’t lost any money today because I haven’t sold the stock although the value of the stock is worth 50% less. You may have to wait 25 years if you’re lucky until being able to break even on your coin.

    I also disagree with the idea that “you don’t lose until you sell”. You have lost, even if you don’t sell. You might gain it or more back (or even have a gain) before you sell, but in the meantime, you’ve lost. It’s just not a “realized” loss until there’s a sale.
    Try using stock or other collateral to get a loan against it and see if the lender cares about your cost, rather than present market value.

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

  • cameonut2011cameonut2011 Posts: 10,143 ✭✭✭✭✭

    The True Views give it a cameo look. Any more images?

  • ChrisH821ChrisH821 Posts: 6,456 ✭✭✭✭✭

    I appreciate your effort and having the cojones to crack out a 68. This is one I would have sent in for crossover vs crack out. Nice coin for sure.

    Collector, occasional seller

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,254 ✭✭✭✭✭

    We take our chances. Risk takers are my kind. Ooops. Crack it out and send it back.

  • Cougar1978Cougar1978 Posts: 8,168 ✭✭✭✭✭
    edited June 27, 2024 5:11AM

    All you can do now is learn from that and move on. Best of luck. Don’t crack a 68!

    It would have been a cornerstone coin in any dealers case. All you had to do was keep as is, take the pitch, and run for the end zone!

    Coins & Currency
  • CoinscratchCoinscratch Posts: 8,633 ✭✭✭✭✭

    I would sell as it is currently, looks like an upgradeable coin again.

  • mr1931Smr1931S Posts: 6,230 ✭✭✭✭✭

    No. The coin was in a respected TPG's holder. I would have left it as is.

    I never will get why those numbers between 60 and 70 are so damned important to so many folks to "define" their coins.

    @291fifth said:
    Another coin that the slab and sticker craze has turned into a money pit.

    ^^this^^. The proof Barber Half that is the subject of this thread is a "superb gem." It's a gorgeous piece.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

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