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do you like/is there value in proof-63 19th and early 20th century type coins??

with regards to proof 63 type coins of 1860 to 1915

where they are not choice to gem grades pf64 to 67

but better than proof 61 62 examples do you feel they have potential?

are value opportunity buys in this market??

will have increased demand as this market and new collectors mature?

are there some series in 1860 to 1915 proof coins that have better eye appeal in proof 63 grades?

michael

Comments

  • FrattLawFrattLaw Posts: 3,290 ✭✭
    I love PQ proof 62s and solid 63s. I've got 2 on my radar screen right now -- a proof Morgan and a proof Seated Liberty Half.

    I think the upside potential is quite strong for these "collector" grades. Most 64+ grades are usually too expensive for the moderate collectors so I would think as more collectors mature there will be a larger demand for these grades.

    While the price increases might be a greater percentage for the gem grades, the number of potential buyers isn't that vast.

    Michael
  • There are some neat early proof coins with a few hairlines that keep them at 63. Some of those have some album toning, reflective fields and frosty devices. Those are real bargains in my opinion. There are others that have been dipped and look dull and flat. Those are not such great bargains.
  • lordmarcovanlordmarcovan Posts: 43,530 ✭✭✭✭✭
    I think there is LOTS of value in PR63 19th century and early 20th century type coins, especially when you can find Cameo pieces in non-cameo-designated holders. This would have to be one of my favorite areas.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • I like them. I think there's tremendous potential in them. I've seen Seated Liberty halves and dollars graded PR-61 and 62 which looked great and would be a great alternative to the PR-65s which is out out of my price range.
    Lurking proudly on internet forums since 2001
  • I agree. I have a PR63CAM Seated dollar that is beautiful. It actually came out of a pr64 holder.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Love em. I prefer the PR64 level, just because they get a little cleaner, but PR63 is a good level and relatively affordable for many issues. If you can find 63CAM all the better.

    Smaller coins are affordable into higher gem grades.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭
    Absolutely, there are some nice coins at affordable prices (relatively speaking) in the PR62/PR63 range.
  • krankykranky Posts: 8,709 ✭✭✭
    I think the biggest factor is eye appeal. I've seen some proof 63's that are so ugly they bark, and others which at first glance look like 6's. I don't like ones that are spotted or ones that are otherwise very nice but have one big patch of hairlines which is all you can see when looking at the coin.

    From the value perspective, I think it depends on the level of interest in classic proof coinage. I personally like proof coins, but many people prefer business strikes. If demand increases, I would expect prices to jump pretty quickly. That's what seems to have happened with the 1936-42 proofs the last couple of years.

    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.

  • Hi,
    I also think they represent a great value, as long as ther are undipped and the mirrors are not impeded by heavy toning or overt hairlines. An excellent place to spend money IMHO. Below is one of my two 19th Century Proofs.
    Best, Billy image

    image
    1892 PCGS Pr63CAM
  • EvilMCTEvilMCT Posts: 799 ✭✭✭
    I have no idea as to the profit potential of these. I do know that I have my eye on a seated half right now graded PR63. If/when I decide to pull the trigger, it will be because I want the coin (it fits into a current collection that I'm working towards ever so slowly), not because of profit potential.

    Ken
    my knuckles, they bleed, on your front door
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    will have increased demand as this market and new collectors mature?

    You mean because our eyesight will get progressively worse, we won't be able to see light hairlines, and 63's will look just as good to us as 65's look now? image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • michaelmichael Posts: 9,524 ✭✭
    all great replies and andy pm me and i will send you a magnifying glassimage

    for me..............

    along the lines as with what carlw lordm woodwind frattlaw jbstevens mgoodm3 lanlord kranky magik ken have said

    if the proof 63 is higher end and with great eye appeal and cameoed to strongly cameoed

    then a really great value/opportunity coin but coins looking like this in proof 63 are out there but in the minority but can be found with some searching


    michael
  • itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭
    I like them, if the eye appeal is there.

    I tried to buy a PR64RD CAM (I know, we're talking 63, but 64 is low end for an IHC) Indian for not much over the PR64 price, but someone beat me to it.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • I feel that they're a great value! I bought this one of Pat Vetter at Pittsburgh, cracked it out, and put in my raw type set. It was a PCGS PR64!
    . image
    .image


  • << <i>I feel that they're a great value! I bought this one of Pat Vetter at Pittsburgh, cracked it out, and put in my raw type set. It was a PCGS PR64!
    . image
    .image >>




    A rare proof. The doubled punched 1. Congratulations.

    Ray
  • nwcsnwcs Posts: 13,386 ✭✭✭
    63s, probably. 62s that I have seen usually have a lot of hairlines or damage and I don't like them all that much.

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