$17,000 32D PCGS MS65 Washington Charlotte Auction
Bikingnut
Posts: 3,384 ✭✭✭
At first glance, this is a really nice 32D. Looking closer, thats a really bid gash in the eagles neck. I'm not sure I'd be willing to spend that kind of money (over 19,000 with buyers premium). How did this one end up in a 65 holder? Does this area not count as much in the grading process? I'm interested in other Washington folks thoughts on this one.
32D
32D
US Navy CWO3 retired. 12/81-09/04
Looking for PCGS AU58 Washington's, 32-63.
Looking for PCGS AU58 Washington's, 32-63.
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Comments
Speaking to the collection overall, a number of key Wash quarter dealers spoke of the lackluster quality of the collection overall, which I can not argue with. Also, I am told, this is generally one of the weaker auction times of the year, as many dealers take a pass on attending this sale. Finally, the collection lacked many of the "powerhouse" coins, such as 35(d), 35(s), 36(d), 36(s), 37(d), 39(s), 42(s) and 1959-1963 in MS67 (to name some), as well as any PCGS-MS68 quarter. All factors considered, this collection did surprising well based upon closing internet prices.
Decent looking coin until you get to the neck??????????
K S
Brian.
You really think so? That's a 63/64 in my book. Some marks on a 65 are okay, but deep marks are unacceptable...in my opinion
Cheers,
Bob
Nice coin? Sure, but one gets fussy when the "bid/ask" range is $11,500/$12,500 and the price is $17,000.
ms-65 is by no means "perfect"
just my opinion, but i tried to cherry a nice 32-d for years, & imo, the 1 depicted is exceptional by comparison to what i've personally seen
but i fully respect your opinion even if you think it grades ms-64. be prepared to pay a lot more than $19K for your version of 65 though!
K S
Dennis
Looking for PCGS AU58 Washington's, 32-63.
In normal scan size, the obverse is 66 IMO, and nicer than gem based on the fields, and the reverse knocks it down a point. PCGS says, "In nearly all cases , the obverse determines the majority, or in many cases ALL of the total grade", and then add "A coin with an MS65 obverse may still grade MS65 overall, even though the reverse may fall just short of MS65". I would hate the gash, but love the obverse. Perfect split-grading.
and it sets us apart from practitioners and consultants. Gregor
Mitch, i also heard some dates were a little lackluster, but the pricing seemed to be pretty strong.
JMHO
Dave
K S
No one here disputes that fact that this is a nice coin. It's just that when you are paying a premium price, you expect a premium coin. This is what numismatic financial survival is all about.
What one person concieves as a premium price is chump change to others, speaking for myself it's a premium price . Hopefully the top bidder considers this affordable.
JMHO
Dave
hey karl
you bring up a good point that billjones balances well. i'm thoroughly convinced that i should never try to assess a coins grade with more than my 3x glass if i ever expect to buy anything. more than that and nothing will pass muster to be bought. that's also part of the problem here with the constant critical analysis of the grading companies. they grade a coin based on unaided observation and our ever impatient turnaround schedule. then we receive submissions, look at a 50x screen blowup or peruse with a 10x from dealer stock and are shocked at an insert grade. a high-power loupe should absolutely never, never, never be used to look at a coin to assign a grade. use it to check for OMM, DD, designation characteristics, corrosion or something about the coins surface that needs to be verified, but not necessarily to assign a grade. JMHO.
al h.
Al, you are correct, everyone whips out the 10-16X loupe and you can beat almost any coin to death!
Dave
I don't think that mark takes the coin out of 65 range.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
i'm not sure of the sheldon scale issue you mentioned. it certainly sounds reasonable, though.
with regard to the super big picture, it reminds me of the time at Ohio University when me and a friend sat in the first row of the local theatre to watch Walt Disney's Fantasia!!! the smaller picture posted by don renders most of the concerning marks as moot points. the bigger question for me if i was looking to purchase this coin is if i would want a washed out luster specimen. though i see it as MS65, i feel it is most definitely not PQ.
al h.
I've purchased coins that the scans looked great but upon recieveing them i was truely dissapointed, and vice a versa.
Dave
it's another reason as to why grading is so subjective
oh, & 195% agreement w/ keets, i see newbies & dealer-wannabe's all the time trying to grade a coin w/ a microscope, can't be done. it's the old forest & trees problem
K S
I am merely a collector. However, that doesn't mean I buy a coin based solely upon eye appeal. I may sell this coin someday and I want to ensure that I look it over as closely as the prospective (future) buyer.
Just my humble opinion.
Cheers,
Bob
and it sets us apart from practitioners and consultants. Gregor
<< <i>I am merely a collector. However, that doesn't mean I buy a coin based solely upon eye appeal. I may sell this coin someday >>
hey bob, that's where i guess i'm different. i ain't selling my washington collection, not now, not ever. if i were to pick up that particular '32-d, it would be permanently impounded , as i'd consider it the "maxed-out" coin for my set. i just wouldn't care at that point how othes would grade it.
K S
This one's a lock 65 and would 65 probably 8/10 submissions with even a shot 66 on one of them (the last is a wild card).
Neat coin and worthy of its grade IMHO.
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