AU58 - great values

Blade · November 23, 2003 9:14AM

I saw a thread recently about AU58 being a great value grade. I completely agree. I just picked up this 1907 $2.50 graded PCGS AU58 for only $20 more than the going rate for burned out, ratty, smelly, dog-flea'd AU58s. It has a complete mint state 63 look - good luster, strong strike, few marks. Only the barest whisper of contact on the high points. What a steal. I would buy coins like this for my collection all day long. Post your fav AU58 or tell us a good story.

lordmarcovan · November 23, 2003 9:20AM

People have been onto AU58 PQ's for a while. I think I saw an article somewhere, entitled "AU58: The Gade of the Future?"

MS62 is a value grade, too.

And the nicest looking MS62 coins I've had also happened to be $2.50 Lib's.

SSP:

I've got a 1907 Repunched Date quarter eagle in AU58, if you like 'em like that.

It has the PQ look you mentioned but is in less-appealing plastic: PCI gold label. Still, I think they got the grade right, and it has the luster and eye appeal of a Mint State coin. Nice slider. Probably cheaper than your PCGS, too, but the difference in plastic would account for that.

darktone · November 23, 2003 9:23AM

Nice looking coin Tom! These are a good value and so are the larger common date gold coins. Heck I sold an NGC AU58 $20 liberty for about $75 over the gold value. mike

BAJJERFAN · November 23, 2003 9:27AM

Except the better date and key date and semi key date Morgans in AU58 are very tough to find.

Casey · November 23, 2003 11:03AM

I agree too. I just bought this on Ebay, so I hope this is a good story since I haven't received it yet.

tjkillian · November 23, 2003 11:31AM

Tom

SDCollector · November 23, 2003 11:41AM

<< <i>Except the better date and key date and semi key date Morgans in AU58 are very tough to find. >>

My guess is that my raw, so-called MS-63's are really AU-58's. It's not worth finding out since most cost less that $30, but it would be an interesting experiment. I love AU-58's. I think it's the sweet spot for collectors, but geniune ones are tough to find. BTW, mine are obviously not key dates.

Blade · November 23, 2003 12:19PM

Casey,
That Barber half looks great! Definitely follow-up with us after it gets here.

Tom - That 1891 quarter is just dripping luster. Awesome. Without that bit of rub and the spot, it would be a solid 64.