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Should I resubmit or try to cross this 3-legged Buffalo nickel?

gyocomgdgyocomgd Posts: 2,582 ✭✭✭
in U.S. Coin Forum
I'd sure appreciate your opinions and rationales. I have a couple of these in XF but I'm in new territory with MS on the 3-legger. Normally I'd just leave as is, but with the price points on a 3-legger being so divergent, it's certainly worth investigating. Are the TPGs tight or loose on this year and mint mark? I ask because I know they are notoriously tough on the 13-S Type 2.

Also, I paid $3,100 for it--nice deal? The price guides don't list anything for MS61 so I was guesstimating a bit without any particular insight as to current trends on uncirculated pieces.

The only option I don't want to entertain is cracking it out--way too dicey a move there.

To add: I should state that the larger mark across the obverse is on the holder, not the coin)

Thanks,

Guy
imageimageimage
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Comments

  • RussRuss Posts: 48,514 ✭✭✭
    It certainly looks better than MS61, which tells me it was netted down for some reason.

    Russ, NCNE
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  • MAD4MORGANSMAD4MORGANS Posts: 2,044
    image

    Ooops...wrong thread. image

    Nice Coin!!

    If I only had a dollar for every VAM I have...err...nevermind...I do!! image

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  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭
    I guess the first question to answer is if you intend to attempt to resell? If you intend to keep it/them, then leave as is.

    Otherwise, I guess the price of a resubmission is probably money well invested.
  • gyocomgdgyocomgd Posts: 2,582 ✭✭✭


    << <i>I guess the first question to answer is if you intend to attempt to resell? If you intend to keep it/them, then leave as is.

    Otherwise, I guess the price of a resubmission is probably money well invested. >>



    Naw, I'd resell in a heartbeat. If not, I wouldn't see the point in considering the resubmission.
    image
  • drwstr123drwstr123 Posts: 7,039 ✭✭✭✭✭
    First, it's drop-dead beautiful! With that look and the price you paid, what's 20 bucks to cross at 61 or better? Second, it's drop-dead beautiful!
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    The upper cheek of the Indian looks a bit lighter in color than other areas of the devices, perhaps an indication of light friction. Ditto for a couple of patches of the upper hair. It's virtually impossible to tell from the images, but my best guess, based upon them, as well as many low grade "MS" examples I have viewed in person, is that the coin is technically a 58. Either way, it's a roll of the dice, but I think you have just as good of a chance (however remote) at an upgrade at NGC as you do for a crossover at PCGS.
  • gyocomgdgyocomgd Posts: 2,582 ✭✭✭


    << <i>my best guess, based upon them, as well as many low grade "MS" examples I have viewed in person, is that the coin is technically a 58. >>



    Exactly what I was thinking. In hand, the most obvious rub (or flatness anyway) is most noticeable high on the hip. So few Buffs are holdered at 60 or 61 (seems to me anyway), however, that a resubmission might fetch a 62. Or if a couple of fellas left their loupes at the diner during lunch and were otherwise feeling benevolent, 63.
    image
  • MICHAELDIXONMICHAELDIXON Posts: 6,519 ✭✭✭✭✭
    I have to agree with Mark. My thought on the coin was AU58. I would not spend additional money trying to get it better than a 61, as I feel it is MAXED out and might come back AU58.
    Spring National Battlefield Coin Show is April 3-5, 2025 at the Eisenhower Hotel Ballroom, Gettysburg, PA. WWW.AmericasCoinShows.com
  • techefftecheff Posts: 2,285
    leave it alone...
    image
  • DennisHDennisH Posts: 13,995 ✭✭✭✭✭
    In answer to your price question, the last five MS61 examples sold at auction by Heritage (all NGC-graded) dating back to July 2005 went for:

    $2933
    $2875
    $2300
    $2300
    $2760
    When in doubt, don't.
  • drwstr123drwstr123 Posts: 7,039 ✭✭✭✭✭
    If you submit with, "equal or better", the worst is it comes back with a sticker on the back.
  • ElcontadorElcontador Posts: 7,537 ✭✭✭✭✭
    Lustig made a career of upgrading an Unc. 3 legger. I think one could buy a round trip to Río De Janeiro with what he spent in grading fees, but eventually, he got his upgrade. OTOH, I think he KNOWS what one in 3 should look like. The question is, do you?
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  • capecape Posts: 1,621 ✭
    guy, as mark says ,i have seen alot of ms63 ngc coins on the 3 legger that are technically au58s. that being said the high points on the reverse appear to have light rub .
    ed rodrigues
  • jdimmickjdimmick Posts: 9,693 ✭✭✭✭✭
    The coin will 58 at best at PCGS with a slight risk of ? color
  • gyocomgdgyocomgd Posts: 2,582 ✭✭✭


    << <i>Lustig made a career of upgrading an Unc. 3 legger. I think one could buy a round trip to Río De Janeiro with what he spent in grading fees, but eventually, he got his upgrade. OTOH, I think he KNOWS what one in 3 should look like. The question is, do you? >>



    No, but I know what a 62 looks like roughly half time--a 58.image
    image

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