What are your thoughts on this one. I haven't spent a lot of time following this particular commem, although I know it's one of the more popular issues. Is this the price range for this coin in this grade
Looks right to me...cant remeber what mine brought at auction but I think it was at a higher price..This "new" coin looks pretty cool from here.. Bruce Scher
For that kind of money I should be ga ga over the coin, and I'm not. Personally I find that white dot on the obverse somewhat distracting -- remember the Seinfeld episode of the pink dot on the sweater? The toning is so subtle, that doesn't do much for me either. This is a pass in my book. I can think of a lot of other coins I'd rather have. In fact, I can think of a lot of commem. coins just in the upcoming ANR sale that I would rather have.
I like it very much, and there are many worse ways to spend your money on coins, but it is not a coin that I would buy at that grade level because I think the MS67 grade can be tenuous.
I like it alot! But not $75,000 worth. I've been casually looking for the past couple of years now and they are really tough to find one with good eye appeal.
The last of the human freedoms is to choose one's attitude in any given set of circumstances. Viktor E. Frankl
EZ_E/Victor/Mr.Yuk: lover of prehistoric, megabeast-sized canines. EVP
Beautiful coin, and if Laura says it merits the 67 grade, it very likely does. When I compare it against my 66 with pretty color, I personally just don't have enough faith and the "guts" to commit all those extra dollars for the single point.
Given the price, I'd just as soon own the PCSG MS-63 that I have in my colleciton.
The coin is very nice, but when you get to MS-67 as a grade and certainly for the money, one can become super critical. I have no doubt that this piece is worth the money, but don't get the idea that such coins are totally liquid when the time comes to sell. Many collectors just don't like the Lafayette Dollar PERIOD, no matter how attractive it is.
For reference the Blue Sheet bid on the coin in MS-67 is $66,700 for a PCGS graded coin and $70,000 for the NGC piece. In MS-66 the price drops to $14,000 on the Gray Sheet. You would have to pay at least $16 to $18 grand for a real MS-66 with eye appeal, but that extra point seems kind of pricey to me.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>I would rather have a 63 for 2200, which would look almost as nice and spend the other 78K on other coins. >>
Who's stoppin' ya'? >>
In ten years of dealing coins, I've seen only a handfull of attractive Lafayette Dollars in MS-63 holders. It's not easy coin to find in attractive condition, especially in the lower Mint State grades. Many of these coins toned badly, and when they were dipped they did not turn out well.
I've handled a couple of attractive MS-62 graded coins, but as is often the case with MS-61 and 62 pieces, the coins were hair below strict Mint State.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
would it be a 67 if it was cracked out and regraded, the ultimate test for these top pop coins?? that's quite a price jump from the next lower grade. to be honest, i can think of at least 75 other $1000 coins i'd rather have than that LaFayette.
To be brutally honest about it, I'm not a fan of that white spot on George Washington's cheek. Is it a contact mark, a hole in the toning and spot where the toning was worn off by a holder? When one deciding between MS-66 and MS-67, this stuff is important.
And another was to look at it is, is ONE MS-67 Lafayette equal in value to FIVE MS-66 Lafayetts? The only what I could say "Yes" would be if I were a very wealthy person for money is no object who wants the very best. If I were an investor, I'd rather own the five MS-66 coins.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
excessively priced for someone with an excessive amount of money I like the coin, but something just as nice could be had for less than half that amount. Even that is far out of my reach. Not seeing the coin in hand and not being able to grade for diddly squat of course, qualifies my statement.
<< <i>To be brutally honest about it, I'm not a fan of that white spot on George Washington's cheek. Is >>
edited to add: That white spot does kill it for me, I mean, really, for 84K MS 67 that no one on earth could guarantee would be regraded as such, or even not bodybagged for artificial toning. C'mon...
This is truly an amazing coin... and I think it really time for a separation of the US FORUM into a Classic and Modern Forum and I propose 1945 to be the date for reasons delineated in another thread.
Experience the World through Numismatics...it's more than you can imagine.
Comments
Bruce Scher
In honor of the memory of Cpl. Michael E. Thompson
A nice coin, to be sure. But $75K--'cmon!
Bruce Scher
<< <i>I looked my old one up..$71,875..they are tough in 67..
Bruce Scher >>
Bruce, your icon picture has been a "red x" for too long. I think it's time for it to be one of your treasures!
EZ_E/Victor/Mr.Yuk: lover of prehistoric, megabeast-sized canines. EVP
Very nice.
Anyone collecting at this level is in a different world than I.
Commems and Early Type
Bruce Scher
Jon
<< <i>I would rather have a 63 for 2200, which would look almost as nice and spend the other 78K on other coins. >>
Who's stoppin' ya'?
The coin is very nice, but when you get to MS-67 as a grade and certainly for the money, one can become super critical. I have no doubt that this piece is worth the money, but don't get the idea that such coins are totally liquid when the time comes to sell. Many collectors just don't like the Lafayette Dollar PERIOD, no matter how attractive it is.
For reference the Blue Sheet bid on the coin in MS-67 is $66,700 for a PCGS graded coin and $70,000 for the NGC piece. In MS-66 the price drops to $14,000 on the Gray Sheet. You would have to pay at least $16 to $18 grand for a real MS-66 with eye appeal, but that extra point seems kind of pricey to me.
<< <i>
<< <i>I would rather have a 63 for 2200, which would look almost as nice and spend the other 78K on other coins. >>
Who's stoppin' ya'? >>
In ten years of dealing coins, I've seen only a handfull of attractive Lafayette Dollars in MS-63 holders. It's not easy coin to find in attractive condition, especially in the lower Mint State grades. Many of these coins toned badly, and when they were dipped they did not turn out well.
I've handled a couple of attractive MS-62 graded coins, but as is often the case with MS-61 and 62 pieces, the coins were hair below strict Mint State.
And another was to look at it is, is ONE MS-67 Lafayette equal in value to FIVE MS-66 Lafayetts? The only what I could say "Yes" would be if I were a very wealthy person for money is no object who wants the very best. If I were an investor, I'd rather own the five MS-66 coins.
I like the coin, but something just as nice could be had for less than half that amount. Even that is far out of my reach.
Not seeing the coin in hand and not being able to grade for diddly squat of course, qualifies my statement.
<< <i>To be brutally honest about it, I'm not a fan of that white spot on George Washington's cheek. Is >>
edited to add: That white spot does kill it for me, I mean, really, for 84K MS 67 that no one on earth could guarantee would be regraded as such, or even not bodybagged for artificial toning. C'mon...
Here's one that sold for $84,440.00 less!
Ok... so it isn't as pretty...
Albanese
How's this one? Wish I had the cash.
Experience the World through Numismatics...it's more than you can imagine.
rainbowroosie April 1, 2003
<< <i>1900 $1 Lafayette Dollar Commemorative MS65 NGC $7,900.00
Albanese
How's this one? Wish I had the cash. >>
MAN!!! That Lafayette is making me think about buying a new coin for my birthday next Monday! It's gorgeous and seems to be very high end for a 65.