Does a coin need to be a possible upgrade for you to pay a premium?
TahoeDale
Posts: 1,785 ✭✭✭
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.
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
0
Comments
2. Fully struck early and bust half dimes, quarters and halves
3. Cameo proofs with original toning5. Rainbow toned Buffalo nickels and Lib nickels
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
Camelot
Gandyjai
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
killer color commems with the ultimate being gem and killer color
michael
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