Insanity and an ugly coin

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Ugliest toning you'll ever see

THis is a pop. 183/1 coin trending for $75 at Coin Universe. I bid $76 for it myself, for the MS67 grade for my registry set. With 183 known, it's not like it's hard to get in this grade and surely the others MUST have much more eye appeal. Why do you suppose this person (I say 'person' but am thinking something else) would possibly want to pay so much for it??

EvilMCT

Maybe someone else is interested in filling a hole in their registry set as well?

Ken

MadMarty

Somebody like the toning $147.50 worth!

kranky

The underbidder is a big-time Roosevelt collector, so at least two people liked it that much.

braddick

<< <i>Ugliest toning you'll ever see

THis is a pop. 183/1 coin trending for $75 at Coin Universe. I bid $76 for it myself, for the MS67 grade for my registry set. With 183 known, it's not like it's hard to get in this grade and surely the others MUST have much more eye appeal. Why do you suppose this person (I say 'person' but am thinking something else) would possibly want to pay so much for it?? >>



"Ugliest toning you'll ever see."

"I bid on it myself for the MS67 grade for my Registry set."

-That's an interesting buying strategy. You'll buy an ugly coin for the plastic, essentially. I think you're the first to admit that! Cudos to you for doing so.

Shamika

Ugly toning? This coin sure looks nice to me.

Might I add that PCGS thought so as well.

ziggy29

I don't like that kind of toning, but many do. And the winning bidder (and the high underbidder) apparently liked it enough to bid it up this high.

Still, what you write is interesting in that it gives one pause to think about what kind of effect registry sets may be having on top-grade coins -- and that it even seems to affect what we'll buy. When we call a coin "ugly" but want it anyway for registry purposes, well...

CarlWohlforth

I like that toning. It probably is not terribly uncommon. I have a '51-D in MS 66 with similar toning.

NoGvmnt

PCGS can grade a Dried Urine toned roosie (a 67 at that) but they couldn't grade my 1875-s 20 cent'er with blue and purple hues. They're just Sooooooooo professional.

Jim

onlyroosies

I guess beauty is to the eye of the beholder. I love the coin and was shocked I
got out bid. I believe the coin was on eBay before and did not sell. It was owned
by a board member and was offered to the board in the past too. This time was
the right time and right place and two people wanted it. Without the color the
coin is a $40 at best.

Onlyroosies

jom

<< <i>Might I add that PCGS thought so as well. >>



Actually, PCGS gave it's opinion on the grade not whether the coin had eye appeal. IMO the coin is hidious but to each their own.

jom

rottnrog

Jom;

BillJones

I don't like the toning on the coin either. BUT it says "MS-67" on the label so that makes it of great value to those want to rise in the PCGS Registry.

Some people collect coins. Other people collect slabs with pieces of paper in them. The coins come along for the ride.

BTW to me eye appeal is VERY IMPORTANT once you get beyond MS-63. If a coin is not pretty it sure has heck can't be an MS-67 or PR-67 in IMO.

rottnrog

<< <i>I don't like the toning on the coin either. BUT it says "MS-67" on the label so that makes it value to those want to rise in the PCGS Registry.

Some people collect coins. Other people collect slabs with pieces of paper in them. The coins come along for the ride.

BTW to me eye appeal is VERY IMPORTANT once you get beyond MS-63. If a coin is not pretty it sure has heck can't be an MS-67 or PR-67 in IMO. >>





Well said, this whole registry thing has become a slab thing and not a coin thing.

A coin like that may go in a registry set, but not in any coin as opposed to slab collecters set!!!


JMHO!!!


edited to add; I would much rather have a 63 with eye appeal in my set!!

Myqqy

That's an interesting buying strategy. You'll buy an ugly coin for the plastic, essentially. I think you're the first to admit that! Cudos to you for doing so.

I was wondering the same thing. I can sort of understand the registry phenomenom, but why in the world would you really want a coin in your collection that you thought was ugly??

Myqqy

Wow- maybe that coin looks better in hand- but doesn't roosevelt look like one of those zombies in those dawn of the dead movies??

dan1ecu

Oh, I kind of like it. It's a coin that stands out as being different. I'm sure it has great technical qualities, too, being a 67.

Dan