Contest with real prizes! 1930s Buffalo…Grade? Value?
Tonekiller
Posts: 1,308 ✭✭
Here is the deal. This coin crossed from one of the top two services to the other. Two-part question: 1. What’s the grade? 2. What’s the market value?
Include any attributions, upgrades if you feel the coin deserves it. Hints-one service has the coin a POP 54, the other POP 12.
Prize: For the correct exact grade: 1956 25c MS-65…..For the correct market value: 1938d Buffalo ANACS MS64
Sunlight Obverse
Sunlight Reverse
Natural Light with backflash Obverse
Natural Light with backflash Reverse
(Yes the Luster is real!)
Please post to the thread, and thanks!
Good Luck! Answers on Weds 8-21-02, first correct answer for each question wins. Act now and we will throw in a free potato peeler!
Include any attributions, upgrades if you feel the coin deserves it. Hints-one service has the coin a POP 54, the other POP 12.
Prize: For the correct exact grade: 1956 25c MS-65…..For the correct market value: 1938d Buffalo ANACS MS64
Sunlight Obverse
Sunlight Reverse
Natural Light with backflash Obverse
Natural Light with backflash Reverse
(Yes the Luster is real!)
Please post to the thread, and thanks!
Good Luck! Answers on Weds 8-21-02, first correct answer for each question wins. Act now and we will throw in a free potato peeler!
0
Comments
Frank
Duh - my bad
It's a 66 with a price of $550. Incase its a post in the thread guess.
Edited just realized my typo. Check my pm
$1,100
Its a shot in the dark.
Thanks for the try.
-David
The Ludlow Brilliant Collection (1938-64)
Computer Services
What did the doe say when she came out of the woods?.....Last time I do THAT for a buck!
designset
Treasury Seals Type Set
-Jarrett Roberts
priceless
Looks like it should 67 someday,or at least, a ngc 66*.
jom
Proud of America!
I Have NO PCGS Registry Sets!
Let me tell you how I arrived at that grade and retail value.
#1 The coin is struck a little soft in the hair above the braid but to the upside has exceptionally clean surfaces particularly in the fields but that would not normally garner more than a MS-65 on its own merits as a stand alone.
#2 However, the reverse is a knockout!!!!! That is a MS-67 reverse even without the toning!!!!!!! Overall the coin balances out to a MS-66. It would have been criminal to have graded this coin an overall MS-65 (as it was probably graded long ago) with a reverse such as that!!
#3 The toning definitely confirms this coin as a solid MS-66.
Whether NGC graded this a MS-66* or not is irrelevant since NGC even admitted that the * is NOT a grade.
It is a near full premium quality MS-66 since the toning is magnificent and the reverse is also magnificent but the softness of the obverse being the more important of the two sides of the coin does keep this coin from achieving the stratosphere of the fully priced $2200 (for a full PQ coin) as per PCGS price guides.
If so $5,250.51
MS-66, retail with toning premium, $3800????
Computer Services
What did the doe say when she came out of the woods?.....Last time I do THAT for a buck!
Selling it off now will be giving it away since that coin will do very well in the next year or two.
But with that obverse strike weakness the pricing has to be limited or the buyer is going to overpay just for really nice toning. Tnis is the reality of that coin.
I stand by $1,950 as current retail price. I don't want to quote future prices just yet.
Buff's have been hot for the past 6 months with colored ones going for crazy monies. If it gets better in the next year, that will be good for the future owner of this coin.
TBT
I will guess that this Buff crossed from a PCGS66 to a NGC67 and would retail for $4500.00.
Gary
Total Copper Nutcase - African, British Ships, Channel Islands!!!
'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
If that made a NGC MS-67, I don't know what I will do.
I can't speculate on added value for premiums on magnificently toned coins since I prefer to get them by the roll at no more than 10% to 15% above ASK as in the case of the buffalo nickels.
DAN
My first tassa slap 3/3/04
My shiny cents
The half I am getting rid of and me, forever and always Taken in about 1959
Do I get to guess too???
GSAGUY
<< <i>TBT,
Do I get to guess too???
GSAGUY >>
No, that would be cheating!
TBT
jom
Since all of the smart guys have taken all of the informed guesses I will say branch mint proof 65 value $100,000.
Finally.........................someone that knows less about buffs than I!!!
GSAGUY
No one has hit the grade, but many have come close! The value is subjective.........in the eye of the beholder.......several are close and one will win.
TBT
edited: to ms60
<< <i>No one has hit the grade >>
Really? Wow..
OK, how about AU58!
jom