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Price Inversion

Was browsing through a major on line dealer/auction house.

Noticed 2 1872-S $5 gold.

1 - NGC VF25 $550

2 - NGC VF35 $505

Anyone else see something wrong with this? image
Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.

Comments

  • 291fifth291fifth Posts: 24,370 ✭✭✭✭✭
    The higher priced coin may actually be the nicer of the two. As a local dealer in my area likes to say, "The price is the grade!"
    All glory is fleeting.
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    One is probably noticably nicer (PQ) than the other. If so, it's probably worth the premium.
    Buyer and seller of vintage coin boards!
  • BillJonesBillJones Posts: 34,054 ✭✭✭✭✭
    When you are talking about the VF grade in gold, eye appeal can mean a lot. Gold coins are soft and mark very easily. I could see an VF-25 with smooth evenly worn surfaces being more desirable than a VF-35 that could have more detail, but many, many marks.

    This could also be a case where the graders blew it. The VF-25 might be nicer.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • RELLARELLA Posts: 961 ✭✭✭
    Rob,

    PM me if you are interested in either/both...I would be happy to give you my opinions on them.

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
  • Rella,

    I actually have a nice PCGS XF40 in my set already. It just struck me as
    interesting. I didn't look closely at the scans; it might be an issue of
    eye appeal vs. technical grade.
    Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.

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