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Not sure how I did on this one (AU Newfie)

For some reason I've always liked Newfie coins...

Some people have remarked here that Newfie pieces sell at significant discount from catalog value (honestly I think many are undervalued given the low mintages, but that's just my 2 cents). Then there are the HUGE swings from XF to UNC in both Krause and Charlton. How the heck to price AU coins?

I did an impulse buy on the coin below tonight. Using scanners to capture coins just blows. I'm hoping the coin is more lustrous in hand.

Krause lists it at $16.50 in XF and $145 in MS-60.

Charlton says C$35 in XF, C$75 in AU50, and C$200 in MS-60.

So where does AU-58 fall? I bought it for $80, which while high for a 50, I thought was decent for a 58.

Thoughts?

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Comments

  • bosoxbosox Posts: 1,565 ✭✭✭✭✭
    The lack of luster is bothersome, as is the missing two beads in the crown. Still, a nice coin, and some of my best bargains have come from crappy pics on sleazebay.
    Numismatic author & owner of the Uncommon Cents collections. 2011 Fred Bowman award winner, 2020 J. Douglas Ferguson award winner, & 2022 Paul Fiocca award winner.

    http://www.victoriancent.com
  • newsmannewsman Posts: 2,658 ✭✭✭
    You got it for a good price, though I'd call it a 55.
  • LuvdawgsLuvdawgs Posts: 1,512
    Nice to see another Newfie aficionado! image I have a collection of Newfie cents.
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  • coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Yeah, there appears to be a tad more wear on the crown than I would have anticipated, although I also saw a PCGS AU53 that had noticibly more wear. I may try to pick up an example or two of the more strictly-graded ICCS coins, just for comparison purposes...
  • bosoxbosox Posts: 1,565 ✭✭✭✭✭
    Those two beads are kind of a key to grading George V. Sometimes they are missing due to strike, which isn't a big deal. They are always the first obverse spot to wear. You still have a very nice coin for a reasonable price. Newfy is very underrated. Your 1918C has a mintage of 294,824. Not exactly common.
    Numismatic author & owner of the Uncommon Cents collections. 2011 Fred Bowman award winner, 2020 J. Douglas Ferguson award winner, & 2022 Paul Fiocca award winner.

    http://www.victoriancent.com
  • newsmannewsman Posts: 2,658 ✭✭✭


    << <i>Yeah, there appears to be a tad more wear on the crown than I would have anticipated, although I also saw a PCGS AU53 that had noticibly more wear. I may try to pick up an example or two of the more strictly-graded ICCS coins, just for comparison purposes... >>



    I have an ICCS AU55 that looks about like yours, so that's what I was using to judge, if that helps.
  • 1jester1jester Posts: 8,637 ✭✭✭
    The lack of luster is normal for a scan, as is the lack of the beads due to a weak strike (of course, I wouldn't try to grade this coin unless I saw it in person). I think you got a good deal on a scarce coin.

    imageimageimage
    .....GOD
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    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Well I wouldn't exactly say "scarce", since 294,000 is actually an extremely high mintage as Newfie coins go... image
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