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Unique Purchase from my Local Coin Show!

joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭
edited June 27, 2024 8:14PM in U.S. Coin Forum

Hi guys,
Today, while at a pretty good size Local Show. I browsed the floor to search, not only the usual cherry pick items. But for something more unusual.
Well, I seemed to find it.
NGC came out with this idea of inserting a piece of the actual money bag which carried these Historical Amercana coins!
The World renown Buffalo Nickel!
Here's the short story explanation.






Great idea!
Here's another reason I snatched this.
The mint mark has the, "D over D".
Extra Premium!
I cherrypicked it at the 1938D price.
The variety has a $300 bonus to the value!

Thank you.
😊

"Jesus died for you and for me, Thank you,Jesus"!!!

--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.

Comments

  • lunagatelylunagately Posts: 46 ✭✭✭

    A Very COOL item and a RPM to boot?

  • joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭

    @lunagately said:
    A Very COOL item and a RPM to boot?

    Thanks
    😉

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • Pnies20Pnies20 Posts: 2,298 ✭✭✭✭✭

    D&B are great folks

    BHNC #248 … 130 and counting.

  • Mr_SpudMr_Spud Posts: 5,359 ✭✭✭✭✭

    I wonder if the bag will tone the coin over time 🧐

    Mr_Spud

  • joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭

    @Mr_Spud said:
    I wonder if the bag will tone the coin over time 🧐

    Good Point!
    😄

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • johnny9434johnny9434 Posts: 28,338 ✭✭✭✭✭

    I like 👍

  • PerryHallPerryHall Posts: 46,145 ✭✭✭✭✭

    That's very cool. B)
    That would also be very cool with a CC Morgan and a piece of the original bag it was stored in.

    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

  • MFeldMFeld Posts: 13,514 ✭✭✭✭✭

    @joeykoins said:

    ...

    Here's another reason I snatched this.
    The mint mark has the, "D over D".
    Extra Premium!
    I cherrypicked it at the 1938D price.
    The variety has a $300 bonus to the value!

    Thank you.
    😊

    Joey, I'm not sure where you got that "$300 bonus to the value" figure but in reality, it's highly inaccurate.
    Below are auction results for three different MS67 1938-D/D examples. So unless the regular 1938-D is essentially worthless, there's not a $300 premium for the D/D.
    NGC MS67 $324 in March
    NGC MS67 $307 in March
    PCGS MS67 $288 in February

    That said, it's still a very cool item.

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

  • 291fifth291fifth Posts: 24,346 ✭✭✭✭✭

    The bag fragment needs a grade and sticker! ;)

    All glory is fleeting.
  • joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭
    edited June 28, 2024 6:56AM

    @BLUEJAYWAY said:
    Looks they borrowed an idea from the sports card side. There are cards with uniform,stadium seat etc. pieces in the flip part of the grading slab.

    Yes, exactly!
    "Game Used!"
    :D

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭
    edited June 28, 2024 7:02AM

    @MFeld said:

    @joeykoins said:

    ...

    Here's another reason I snatched this.
    The mint mark has the, "D over D".
    Extra Premium!
    I cherrypicked it at the 1938D price.
    The variety has a $300 bonus to the value!

    Thank you.
    😊

    Joey, I'm not sure where you got that "$300 bonus to the value" figure but in reality, it's highly inaccurate.
    Below are auction results for three different MS67 1938-D/D examples. So unless the regular 1938-D is essentially worthless, there's not a $300 premium for the D/D.
    NGC MS67 $324 in March
    NGC MS67 $307 in March
    PCGS MS67 $288 in February

    That said, it's still a very cool item.

    You're correct, Mark.
    I always go by the Price Guides.
    Just to see the premium alertness.
    I Never take it to Gospel.
    But thanks for pointing it out for whom that don't realize.
    ;)
    Sorry for butchering the English language there!
    :D

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    I never would have thought sports card collecting would drive the coin industry as much as it has, i.e autographs, Vaultbox, and now "game used" relics. But here we are.

  • Glen2022Glen2022 Posts: 933 ✭✭✭✭

    Nice pick up.

    Buy the coin, not the slab. In my opinion, just another gimmick.

  • joeykoinsjoeykoins Posts: 16,018 ✭✭✭✭✭

    @Manifest_Destiny said:
    I never would have thought sports card collecting would drive the coin industry as much as it has, i.e autographs, Vaultbox, and now "game used" relics. But here we are.

    But!
    In saying that, "The Hobby of Kings", will remain to hold the crown to be the first to be collected!
    🏆

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • MWallaceMWallace Posts: 4,098 ✭✭✭✭✭

    @Mr_Spud said:
    I wonder if the bag will tone the coin over time 🧐

    It hasn't yet in 86 years.

  • MWallaceMWallace Posts: 4,098 ✭✭✭✭✭

    @Glen2022 said:
    Nice pick up.

    Buy the coin, not the slab. In my opinion, just another gimmick.

    I can see where some people will call this a gimmick, I understand that sentiment, but personally I think it's pretty cool. I have a similar item but with a silver dollar.

  • ElKevvoElKevvo Posts: 4,110 ✭✭✭✭✭

    Cool slab...thanks for posting!

    K

    ANA LM
  • WalkerfanWalkerfan Posts: 9,320 ✭✭✭✭✭

    Nice Coin. I am more impressed that you picked the variety rather than having a tiny fragment of bag material. Still cool, in any event. Congrats.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • MarkInDavisMarkInDavis Posts: 1,706 ✭✭✭✭

    Very cool, but not unique. Maybe unique to your collection.

    image Respectfully, Mark
  • BLUEJAYWAYBLUEJAYWAY Posts: 9,159 ✭✭✭✭✭

    @joeykoins said:

    @Manifest_Destiny said:
    I never would have thought sports card collecting would drive the coin industry as much as it has, i.e autographs, Vaultbox, and now "game used" relics. But here we are.

    But!
    In saying that, "The Hobby of Kings", will remain to hold the crown to be the first to be collected!
    🏆

    Exactly. A coin has at least face value and is spendable. Sports cards not so much. Try buying a loaf of bread with a common sports card.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • 291fifth291fifth Posts: 24,346 ✭✭✭✭✭

    The bag fragment is a marketing gimmick designed to increase interest in what is essentially a very common mint state coin. I personally don't think the coin is well enough struck to merit the assigned grade of MS67.

    All glory is fleeting.
  • sellitstoresellitstore Posts: 2,870 ✭✭✭✭✭

    @joeykoins said:

    @BLUEJAYWAY said:
    Looks they borrowed an idea from the sports card side. There are cards with uniform,stadium seat etc. pieces in the flip part of the grading slab.

    Yes, exactly!
    "Game Used!"
    :D

    The price premium for game used makes sense for sport items but the container that the coin was once in? All 1938D nickels were in bags at some point. Not all sports collectibles were game used (or space collectibles actually "flown"), but the ones that were are worth more. They are more desirable. This nickel is no more desirable than any other MS67 that also has been in a bag, so does the bag piece make it worth more? Maybe a little as it adds a little interest, but not much and only for some people. Kinda neat, but a bit of a gimmick too, in my opinion. I don't see similar premiums to "game used" or "flown".

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.

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