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Does a coin need to be a possible upgrade for you to pay a premium?

There are several catagories of coins in different grades that will qualify for a premium( 40% up to 2 times sheet ) without being a real shot for upgrade, in my opinion.

1. True AU 58 early dollars

2. Fully struck early and bust half dimes, quarters and halves

3. Cameo proofs with original toning

4. Original toned Standing lib quarters

5. Rainbow toned Buffalo nickels and Lib nickels

6. Really difficult to find coins in any series. The sheets are way behind on these coins. Examples: Early and Bust Halves--1801, 1802, 1814 E/A, 1820 no knob. Early proof gold. All dates up to 1865. And many more.

The market , mostly auction sales, tells us that high end coins, that will never leave the grade assigned, will bring large percentages over common strikes and luster. And as an added bonus, the crack out experts may still pay way up because of the shot for higher grade.

Tells us some additional characteristics of a coin that is due a large premium over sheet, and describe the purchase, if any.
TahoeDale

Comments

  • haletjhaletj Posts: 2,192
    No. I'll pay a premium for any coin if it is exactly what I'm looking for, the very top of the grade.
  • jcpingjcping Posts: 2,649 ✭✭✭
    Add the PKOK Ike dollars to the list image
    an SLQ and Ike dollars lover
  • michaelmichael Posts: 9,524 ✭✭
    the all time greatest thread on the pcgs set registry forum

    2. Fully struck early and bust half dimes, quarters and halvesimage

    3. Cameo proofs with original toning5. Rainbow toned Buffalo nickels and Lib nickelsimage


    stellar deep/ultra cameo pre 1916 proof coins that have mirrors frost contrast and clear clean non hazy non cloudy mirrors like a newly minted proof silver american eagle

    wildly toned proof indian cents and two cent pieces in brown and red brown but with little to no brown coloration at all

    wildly toned proof three cent pieces

    white thick crunchy crinkley skinned totally original gem ms seated and barber coinage

    red gem matte proof lincoln cents with totally even surfaces and for the most part no striations stains streaks or spots


    gem proof rb and brown classic head half cents with some cameo and NO SPOTS!!

    wildly colored gem ms copper nickel indian head cents and fully struck!!

    wildly toned gem ms/proof seated and barber coinage

    strongly cameoed 1868 proof quarters

    wildly rainbow colored thickly skinned never dipped NOT secondary retoned later key date walkers in gem ms

    wildly colored pre 1955 s mint franklins in gem ms fbl or not

    wildly colored gem ms later date 19 century gold coins due to improper alloy mixture


    these above coins
    and most likely many others not listed here
    are due a large premium over sheet

    but many times do not bring over sheet

    since many are not seen too often or known about let alone understood hence little demand

    michael











  • BearBear Posts: 18,953 ✭✭✭
    I do believe that Michael summed it all up, quite nicely.
    There once was a place called
    Camelotimage
  • GandyjaiGandyjai Posts: 1,380 ✭✭
    Proof-Like Clad MS Ikes.

    Gandyjai
  • TypetoneTypetone Posts: 1,621 ✭✭
    Agree on PKOK IKEs

    Don't forget rainbow toned Morgans

    Fully struck blast white Walkers

    Full corn Lib 5c (but only a small premium)

    I recently paid a good premium for a rainbow toned 1903 5c in PCGS MS66. It won't upgrade to 67 IMO, because of a few small marks, but it sure is a great high end coin. I paid about 20% over market.

    Greg
  • michaelmichael Posts: 9,524 ✭✭
    also

    killer color commems with the ultimate being gem and killer color


    michael
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    I'll pay premiums on vibrant toned coins in PCGS/NGC holders. I've paid upwards of 15x greysheet for them. For shot at upgrade coins where the next grade up is 5x or more the money, I'll pay about 10% over average market. For key dates that I like, I'll pay about 10% over average market.

    The most I ever paid for a coin that was nothing special that I just flat out wanted was $95 for a 1927-P Lincoln in NGC MS65BN. That was RD money at the time. I was putting together a BN set, though... with as many 65BN's as I could get. Since it was a pop two coin, I figured it was easier to pay the premium than to:

    a) look for and find the other example... then MAYBE have a chance of buying it.

    b) find a nice raw example and make it myself.

    David
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