to crack the rattler or not to crack the rattler... that is the question...

based on an earlier thread about cracking rattlers...
recently purchased.
67=$50+-
68=$2,000+-
think its got a chance?
best shots I could take..



recently purchased.
67=$50+-
68=$2,000+-
think its got a chance?
best shots I could take..




may the fonz be with you...always...
0
Comments
-Paul
50.00 and the cost of grading?
Steve
-Paul
``https://ebay.us/m/KxolR5
I'd leave it alone
Liberty: Parent of Science & Industry
I would just leave it as it is. It's a beauty and you would be taking a risk IMO.
lol well that is another story. Why then are they valued so high?
Steve
As you mentioned, the coin is worth $50 in 67, and $2000 in 68. Having said that, whether you get the upgrade or not is for all practical purposes is a financial zero-loss situation.
Having said that, it makes me and perhaps others question any items, present or future, that you have for sale, that they may be "overgraded" based on your desire to upgrade to a higher grade. On a related note, I sure ain't buying a $50 coin for $2000, even if it does upgrade.
Finally, nobody can tell the difference between a 67 and a 68 solely on a couple of pics.
Couple that with what doesn't appear to be flawless luster and I think it'll remain in an MS67 slab.
peacockcoins
Having said that, it makes me and perhaps others question any items, present or future, that you have for sale, that they may be "overgraded" based on your desire to upgrade to a higher grade. On a related note, I sure ain't buying a $50 coin for $2000, even if it does upgrade.>>>>>
so now Im a coin doctor and I cant be trusted when sell coins?
That is what the math works out to be anyway.
they crack and regrade - if lower they compensate as guarantee
FT designation now available
probably less than 10% chance going to 68 - but what the heck
PCGS needs to keep in business as well
66 times at $50 per submission is $3300 added to the $50 he's already got into it. Not worth it for a $2000 coin.
His break-even is 1950/50 = 39 tries
Liberty: Parent of Science & Industry
The coin WILL be cracked out of the rattler slab.
The following is likely IMHO.
You will get the coin back in a new slab graded MS67.
The following is VERY unlikely but possible.
You get the coin back in a new slab graded MS68.
The following will NOT happen.
You get the coin back in a new slab graded MS66 or lower or AT unless PCGS compensates you for the difference in value. (which would be very minor compensation).
You get the coin back in its original rattler slab.
Good luck with whatever you choose to do.
Steve
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
In honor of the memory of Cpl. Michael E. Thompson
I have an album toned 49 D across the street waiting to be picked up, I received the grade a couple days ago.....MS67FT *
And yes it's going to pcgs as soon as I receive it.......no pics at home, I'll post some that I took of it raw tomorrow.
Oh....Let-R- Rip, go for it............or sell it to somebody who will.....
Folks "may" pay a small premium for the rattler (either to have a more unique style of collection...older holders...or fanciful thoughts of an upgrade) but no one seems to pay premiums for current/new holders....
For $50, it isn't bad though it is too bad it isn't FB. I'd like it for around that price.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Its more "sellable" in the old holder as it is. Just because the ms68 price is in the 4 figures...doesnt mean any more than 3 people would ever shell out that kind of money to get something they could get for 50 bucks in a 67 holder. Just charge a premium for the rattler, say 100 bucks. If you want to hold out for that guy who will buy it for 2000, good luck.
I figure the odds of an upgrade are probably the ratio of the pops: up to 100-1. I doubt it would even be worth $2000 if in a 68 holder. And it would likely have to be a FT coin. There are probalby very few dime collectors shelling out $2000 per date in this current environment unless the coin is pop 1 with no equals. I wouldn't be in a hurry to make a decision. We all run across MS67 Mercs, Buffs, Roosies, and Washingtons in rattler holders from time to time. Very few measure up to a 68 today. For a 68 from PCGS today the coin would have to be basically flawless with knock your socks off luster and eye appeal.
roadrunner
<< <i>If it really has a shot, I would send it to CAC for a gold sticker.
-Paul >>
I agree
<< <i><<<<<u mentioned, the coin is worth $50 in 67, and $2000 in 68. Having said that, whether you get the upgrade or not is for all practical purposes is a financial zero-loss situation.
Having said that, it makes me and perhaps others question any items, present or future, that you have for sale, that they may be "overgraded" based on your desire to upgrade to a higher grade. On a related note, I sure ain't buying a $50 coin for $2000, even if it does upgrade.>>>>>
so now Im a coin doctor and I cant be trusted when sell coins? >>
well, no. you're not a coin doctor. just a person who, if you do have a coin in one grade which is worth significantly more than in the lower grade, would make me wonder as to whether the coin is really worth the money.
In honor of the memory of Cpl. Michael E. Thompson
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
<< <i>
I think it looks good just as it is. We're talking "vintage" holder, brother.
``https://ebay.us/m/KxolR5
$2000 is quite a chunk of change for the vast majority of collectors.At the end of the day, a 1949 dime that looks better than most 1949 dimes is still,well, just a 1949 dime.
That's not to say you don't have a nice coin but it is what it is.If it were mine,I'd leave it just as it is.
As an experiment,you could cover up the grade with tape and see if you get even one offer of $1000 for your coin.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
I'd leave it alone.
My YouTube Channel
Keets Nailed it.
Most of life's decisions are simple people tend to complicate them
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Here is a pic of the one I mentioned earlier in this thread...NGC MS67FT *
<< <i>
<< <i>
I think it looks good just as it is. We're talking "vintage" holder, brother. >>
Man I really wish my rattlers looked as pristine as this one.
No one can look at these pics and say pro or con if a toned coin is a 67 or a 68.
Nobody.
That said, 68 would be a real long shot on a coin toned like this.
Unless you could be really sure of your call with the coin in hand I would leave this one alone.
<< <i>if you're serious about the upgrade the wisest thing to do is to try for a regrade in holder, either via PCGS or as a cross at NGC. >>
As he is after an upgrade a submission to NGC will not help, per their website and crossover grading:
"You may not request a higher minimum grade than is on the current holder. "
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
This is what I was thinking. But if he can't see it, what business does he have in collecting a series he can't grade? How much independence from a grading company does a collector need to establish themselves as a noteworthy collector? At what point in assembling a series do we rely on ourselves in finishing it. If I found myself dependent on a grading service with every coin that was added to my set, could I really consider myself an established coin collector when I'm waiting on somebody else's opinion all the time. Whether a coin resided in a MS66, 67 or 68 holder, where do the qualities of that coin stand with the other coins in my collection?
Even if the OP's coin had everything about it that said MS68. the strike, grad/condition, luster and finally...the eye appeal would all need to be at a level rarely seen in the majority of coins one owns. When I peruse through my collection, there are a handful that stand above the rest. Are they candidates for a MS68 grade? I think so but I don't need the label when another collector can agree with me and pay what I'm asking. If not, based on the idea that it's not certified in a higher holder? Than that individual doesn't really know enough about the series to own such a coin. In other words, say a collector has set of high quality coins but yet when a coin comes along that stands above in eye appeal on 99% of his collection and he can't see it, does anyone think he deserves to own that coin? Hell no! That coin will end up in another collection.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Hoard the keys.