Hugon Barbers - another view

roadrunner

1900-0 Hugon 25c at the 2001 FUN sale

Hugon 1900-0 25c in 2005 FUN sale

Interesting to see this same coin show up in 2001 as a PCGS MS66
and now a NGC MS67*. It's a nice looking coin but I had the feeling this and maybe some others in the sale had been bumped.


roadrunner

airplanenut

The picture quality deserves a grade bump

mrearlygold

Good eyes!

Interesting photography.


Tom

saintguru

It is clearly one of the finest catalogues ever...along with the THANE PRICE 1998 Modern Gold/Barber Half auction by David Akers!!

Gemini

Nice looking coin and I think it was worthy of a bump exceptin if I was buying it...

tradedollarnut

Would somebody please wave the checkered flag when every collection has been thru the bump process so we can know when it starts all over again?

K6AZ

This is a perect example of why I totally avoid anything 66 or higher in NGC holders. Their grading seem to be right on up to 65, but over that they seem to get loose.

lloydmincy

Maybe the best way to look at these Hugon Barbers is to LOWER one grade for the NGC'S??? Sounds primative, but why not???

It's all confusing to me this "NGC loose on higher grades vs. PCGS". The Richmond II sale had many NGC's not only cross, but upgrade.

-----Lloyd

roadrunner

I was considering bidding on the coin (and still might) so I went looking through the Heritage Archives. Found the old auction in less than 5 minutes. And yes, it does make a difference, at least to me.
At least I know its a solid MS66+ coin with excellent eye appeal.

roadrunner

MrEureka

Maybe the best way to look at these Hugon Barbers is to LOWER one grade for the NGC'S???

The best way to look at the coins is to look at the coins, not at the slab labels.

For those that can't trust their own eyes, try collecting circs instead.

tradedollarnut

For those that can't trust their own eyes

I thought that's what trusted dealers are for?

RYK

I thought that's what trusted dealers are for?

No, in the thread titled "Saint Collecting", we learn not to trust dealers, even "trusted dealers".

tradedollarnut

we learn not to trust dealers, even "trusted dealers".

Thank goodness I don't collect Saints!

roadrunner

For those that can't trust their own eyes, try collecting circs instead.

That's why I DON'T collect circs. I can't trust my eye or my trusted dealer. I can grade closer on the UNC's.

A related corrollary to the first sentence is that even if you can trust your own eyes, the price you have to pay for the coin is dependent on the label. There is no getting away from that. Now you can pass on the coin altogether, but with so few coins graded properly to choose from, the game gets tougher. That NGC 67* is both a grade bump and eye appeal bump. A coin that was formerly a 66 is now almost the equal of a 68 in the registry's eyes. That coin brought
just over $7000 in 2001 as a high end PCGS MS66. The NGC MS68 Eliasberg coin brought over $14,000 around the same time. They roughly brought what the labels said. Watch this time around. That 67* will bring far closer to what the MS68 piece brought. Would not be surprised if it exceeded $15K (likely $10-14K). Whether I love the coin or not I have to pay for the labels to some extent or pass.
It's like tough love.

roadrunner

morgannut2

I think Barbers are unattractive designs and really don't care what grade they are.

DrPete

An interesting part of the Hugon sets of Barber coins is that he collected them in both NGC and PCGS holders. you can tell that many of the coins are still in green tagged PCGS holders circa the time they were bought from famous collections such as Eliasberg. That tells us that at least some of these coins have been sitting in holders for at least 8 years and haven't been messed with. Does that mean that all green tagged coins in the collection are PQ or will automatically upgrade if resubmitted? Of course not.

Particularly interesting to me will be how certain very key halves do in the sale, particularly the 92-O micro O in NGC 65, the 96-O in PCGS 66 (pop 1 and the rarest mint state barber half) the the 1901-S, and the1904-s in NGC 67. Of the quarters, clearly the BIG THREE will be FUN to watch, too.

MFH

If you look at the coin, and not at the grade - either in an NGC or a PCGS holder - you can give it a fair mental grade...someone recently told me to look at a coin with a "70" in mind, then deduct a point for each obvious mark you see, and so on and so forth. The graders at NGC seem to be as qualified as those at PCGS, and from what I have seen, a few slip by as undergraded or overgraded. Noone is perfect.

It seems that the concensus of opinion is that PCGS hates to cross over NGC coins and is prejudiced against those coins. If - from what I just read - about the NGC graded coins - that a number of NGC coins upgraded from the Richmond-II @ PCGS , then its obvious that PCGS does not penalize NGC graded coins; they just grade them as they see them.

Although I was taken down a few pegs in my SLQ NGC cross overs to PCGS, I have to admit - regretfully -
that they may have been correct on a few of the downgrades. Once this set is given to PCGS as a whole entity for review, a few may possibly upgrade; at least I feel that a few older PCGS coins may upgrade. I'm keeping my fingers crossed that my 1916 upgrades.

I wish I could be at the Hugon sale on Wednesday evening, January 12th...but I'll be more than happy to attend the sale of the SLQ's on Thursday afternoon. Hope to see some of you at FUN.

DrPete

In my enthusiasm over the Hugon sale, I incorrectly stated the 96-O half in pcgs MS 66 is pop 1. It is actually pop 2 tied with the coin in the Duckor registry set, the latter originally from the Emery-Nichols collection obtained directly from the mint in 1896. Still, I look forward with great anticipation to the auction and prices realized for such coins.

oreville

Personally, I do not think they are the same coin??????????

DrPete

Oreville,

They are two distinct and different coins. Steve Duckor has his coin locked up tight in his set and John Hugon has recently had his MS66 crossed over from NGC. Definitely two different coins.

MFH

I wish I could make it to the Hugon sale...what a dream set that is. My eye is still on one of his proof halves...can't really afford it at the moment though.