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Shylock's '72 IHC and EERC's '72 IHC

EERC's...........$30,000.00


Shylock's...........$5100.00

call me blind or crazy but I think Paul's is every bit as red and possibly nicer!

Comments

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    I like both, but would definitly take the 5100 one for the money. Why is there such a big difference in price for the same coin in the same grade?

    Jon
  • goose3goose3 Posts: 11,471 ✭✭✭
    Dimeman,
    Shylocks is RB and EERC's is Red tho I don't see any difference. Maybe so in person??.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    I didn't realize one was RB. I still like shylocks better. The fields look cleaner to me.

    Jon
  • shylockshylock Posts: 4,288 ✭✭✭
    Tough to compare two different style images. My example has enough light brown toning to deserve the RB designation, but so do many 65RD slabbed coins of this date.

    As Lakesammman mentioned in his "what's hot, what's not" thread, 1872 is the real set stopper of this series. Read Barry Enholm's comments about 1872s in this older article by Pinnacle Rarities, before he started reassembling his current Ally set. Barry now owns one of the two PCGS 66RDs of this date and still isn't satisfied with the color. I believe this is one date where Stewart Blay is looking to upgrade as well.

    Rick's example looks like one of the very few true RD 1872s, which by itself makes it fascinating. Combined with the full strike and clean surfaces it's a "freak", and a coin I'd like to see in person some day. Has an interesting silky look to it as well. I agree that my coin is nicer than many 65RDs, but from what I interpret from this image Rick's isn't one of them. It may be a better value -- except to someone trying to put a set of full red coins together.
  • LakesammmanLakesammman Posts: 17,407 ✭✭✭✭✭
    Interesting...the lack of a nice 1872 caused him to collect a different series.... have yet to meet a 1872 in 65R or better that I would "stetch" for. It's that tough!
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • DAMDAM Posts: 2,410 ✭✭
    I'm diving in late in the discussion, but when you consider who bought Shylock's coin, it speaks volumes of what the "worth" of the coin must be. At least to some.

    Wonder what the next price on the coin is going to be?
    Dan
  • LakesammmanLakesammman Posts: 17,407 ✭✭✭✭✭


    DAM:

    Glad you brought that up.

    How many times have we seen formerly RB coins in R holders - often! I think it speaks volumes when someone who knows the game well buys a "nearly red" coin. Of course we don't know if the sale will stick - it may not be red enough, if that's the game being played.

    Secondly, I suspect some submitters get preferential treatment. I can't prove it - just suspect it. There is no way to keep a in-person presidential review anonymous. In some cases that's good (when the world's expert is there teaching the graders how to do it right, for instance). In other cases, it may (in theory) be dangerous (ie: high volume submitter - don't want to lose that customer). I'm not accusing or blaming anyone - it's just human nature.

    Bottom line is, eventually the "market" prevails and determines the price - have seen many RB coins in R holders sell for very weak prices.

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Both are great coins. Pauls (or should I say Jay Perino's) coin is outstanding, but it is a RB. RB coins with 99% RED are outstanding buys! They are rarely cheap compared to grey sheet, trends or even pink sheet, but they are great bargains compared to the cost of full reds.

    However, its kind of cheating to have a 65RD set and have a coin with a RB label in the key date - probably better to have a 64RD.

    An 1872 in 65RD is the holy grail of the Indian set. You get it and you're rolling towards the finish line. You get a 65RB, no matter how nice, and your stuck on the shoulder with a flat tire. $25K more for high honors, sure its worth it.

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Rick,

    I understand what you are saying, but it kinda depends on how deep your pockets are. The RB coin actually looked better to me. And I guess my real concern on paying the premium red is how long will it stay red. I don't think anybody really knows. With a RB coin you don't have that worry. I guess I'm saying that if the eye appeal is there and you like the coin and it's 25K cheaper why not save the 25K to spend on other coins.

    I have a very nice set of Mercs (#1 Basic) that have several non FB coins that are thousands cheaper than FB coins. And mine being almost full and with a full strike everywhere else my coin probably looks better than the FB coin that may have weak hair on the obv. I guess I just go for more of the total look than a hyped up strike designator that may or may not be accurate in deciding which coin looks better or is the best buy.

    JMHO, Jon
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Jon, My intent is not to call anyone a cheater. but you just don't collect 65RD+ Indians, 65FB+ Mercs, 65FH+ Quarters, 65DMPL+ dollars, 65DCAM+ Stellas, etc.. if you don't have deep pockets. I fully agree with going with a PQ of the lower grade. As I said, although they are usually priced at the roof, they are cheap in comparison. A great way to go on a "budget".

    Here's an example:
    1886 Type 2 MS-65RD PCGS $25,000
    and one much, much cheaper:
    1886 Type 2 MS-64RB PCGS $1,250
    The images are deceptive because the luster tends to "eat" the light. The 65RD is a monster and the 64RB is too, but...it's also sold.


    This may be easier:
    image
    image
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Rick,

    I'm not talking about dropping down a grade or two. I'm saying get the equal grade or even better but not FB or RED or FH. I have several Mercs without bands but have a very good strike that cost less than the same coins 2 or 3 grades lower that have bands. My 20-S in 66 is a beautiful coin and the bands are almost there. If they were it's hard telling how much it would have cost. But as is it cost about what a 64 FB would cost. I would rather have mine.

    I haven't got a problem with what you are saying, just wanted to clear up what I was talking about and why I collect as I do.

    As I said before, I don't know if I would buy RED IC's even if I had deep pockets because of the turning RB possibility.

    Jon
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Rick,

    I was just looking at the pics of the 1886's. Heck, the 64 wins again. Are you sure you have the pic with the right coin. The one marked 65 has 4 hits on the cheek while the other (2nd) has clean cheeks.

    Jon
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