A possible business strike 1880 nickel in a PR20 ANANCS slab?

braddick

I've been watching this one- perhaps with an intent of a bid. I see now that others
also see this as a business strike coin VS a proof.

ANACS disagrees- yet perhaps they are playing it safe as a true determination is difficult, at best.

It is sitting at about $450. right now with a couple of hours to go.

Maywood

What makes you think it's a Mint State coin?? Are there reliable diagnostics that you think you can identify??

dbldie55

Don't see it, bids don't make me think they see it either.

braddick

A PR63 is valued at about $500.00
The above VF20 closed at $550.00> @dbldie55 said:

Don't see it, bids don't make me think they see it either.

MFeld

@braddick said:
A PR63 is valued at about $500.00
The above VF20 closed at $550.00> @dbldie55 said:

Don't see it, bids don't make me think they see it either.

Lowball Proof premium?

braddick

@MFeld said:

@braddick said:
A PR63 is valued at about $500.00
The above VF20 closed at $550.00> @dbldie55 said:

Don't see it, bids don't make me think they see it either.

Lowball Proof premium?

Perhaps.
Or, someone speculating it can be cracked from the ANACS slab and sent to PCGS as a business strike.

tyler267

@braddick said:

@MFeld said:

@braddick said:
A PR63 is valued at about $500.00
The above VF20 closed at $550.00> @dbldie55 said:

Don't see it, bids don't make me think they see it either.

Lowball Proof premium?

Perhaps.
Or, someone speculating it can be cracked from the ANACS slab and sent to PCGS as a business strike.

Or crack it and try to sell it raw as a business strike.

Cougar1978

Pass

M4Madness

@Cougar1978 said:
Pass

I bet you miss out on a lot of fun coins.

dsessom

Wow, this year Shield is hard to differentiate between proofs and business strikes because both were struck using the exact same dies. The only difference was that the proof was struck on a polished planchet, and was struck with more force than the business struck coins.

Having so much wear on this example makes it even harder to tell which it is. However...

I can see weakness in the strike that should not be there on a proof. Namely, the first 8 in the date. That could be post mint damage, but it's hard to tell from a photo. And then there is what I believe could be a small die crack at the 4 o'clock position on the obverse. IF it is a die crack, then this is indeed a business strike, and not a proof as the proof coins were struck first, before the business strikes were done. Die cracks of course indicate a later die state, which would indicate that this coin was struck later, being a business strike.

dsessom

Oh, and I forgot to add that I believe ANACS labeled it as a proof so that they would not have to own up to a "mistake" in the future. In other words - the graders were not even 100% sure, so to be "safe", they said it's a proof.

Make sense?

CaptHenway

The problem with the first 8 looks like a clogged die to me, which would be less likely to occur on a Proof than on a Business Strike, but I would not care to offer an opinion as to one or the other without seeing the piece in hand out of the slab.

Moparmonster

There is a die gouge on the business strike under the T in States. Can’t tell from your photo but it doesn’t appear to have it. I own the only CACG graded AG3 and it’s for sale if interested…

Here is the die gouge I’m talking about

vintagebanks

@Moparmonster said:
There is a die gouge on the business strike under the T in States. Can’t tell from your photo but it doesn’t appear to have it. I own the only CACG graded AG3 and it’s for sale if interested…

I could be totally wrong and know nothing about this die gouge marker? but I see it in the OP's pic. Or do I just want to see it and there is nothing there?

FredWeinberg

Looks more like a small strike- through area than a die gouge to me