1901 $10 Liberty - explain this price..

hrlaser

Link

Current PCGS Price Guide for a 1901 or a 1901-S $10.00 Liberty in MS62 is $980.00..

Anyone care to explain why this NGC MS62 brought about $600.00 more than that?.. He has one small picture of the Obverse.. it's in an old NGC "fatty" holder.. I can only assume the bidders thought it might cross at MS63, which would be about a $1500.00 coin.. which is some kinda gamble based on one small picture.. or.. if that's not it, then what do you think drove the price up so high?..

RYK

The photo looks very 64ish to me. The coin may not be a 64 in person, but I see terrific luster and relatively clean, mark-free surfaces. There's a money back gurarantee, so if the buyer is not happy when he receives the coin, he can send it back.

hrlaser

Here's mine..

I've blocked out the grade and the certification number.. and re-sized the photograph to about the same size he used..

Guess the grade hiding behind the black box.. I did NOT touch up or manipulate the image of the coin itself.. due to the angle of the lighting, the tip of her chin and bust look darkish.. that's just shadow.. not anything on the coin..

RYK

<< <i>Here's mine..

I've blocked out the grade and the certification number.. and re-sized the photograph to about the same size he used..

Guess the grade hiding behind the black box.. I did NOT touch up or manipulate the image of the coin itself.. due to the angle of the lighting, the tip of her chin and bust look darkish.. that's just shadow.. not anything on the coin..

>>



Easy! 62!

hrlaser

Sigh.. forgot to block the.. nevermind..

Rule #12.. don't rush..

Well.. at the rate Gold is rocketing up.. $1138.00 an ounce as I type this.. maybe my lowly MS62 will be a $1500.00 coin by the end of the year..

RYK

<< <i>Sigh.. forgot to block the.. nevermind.. >>



I think the image in the auction that you linked may be deceiving, but one will not know until s/he inspects the coin in hand. The same seller's upcoming auction of the 1904 $20 Lib suffers from the same imaging techniques.

fc

i also think the pictures are not as honest as they could be.
i get a bad feeling what looks like 64 luster is not even close.

and is there something going on on the rev about ten that is more
serious then the pictures are letting on?

hrlaser

FC.. I agree.. the photo I shot of my MS62 is obviously not a "Heritage auction quality" image.. but I think it's a much clearer image than Mr. $1500.00 MS62's picture is, and, IMO, my coin looks every bit as clean as lusterous as his does.. based only on the two photographs.. in person, in-hand, it's a different story.. if only I could see his in-person, side-by-side with mine..

By the way, my MS62 was originally in an old NGC MS62 holder, as his is, and PCGS crossed it at MS62 at the Long Beach show a couple months ago..
I bought it on eBay for $400.01 (the number sticks in my head, since it's easy to remember..).. from a seller named "DuvallGold" a couple of years ago.. he sold nothing but lower-than-MS65 Gold coins.. he's vanished, and so has his Web site..

And yet, enough bidders saw *something* in the auction to which I linked, that got them to bid it up $600.00 higher than PCGS Price Guide for a 1901 or a 1901-S in MS62 (currently at $980.00).. I don't know what that *something* is that they saw, but based on my experience crossing NGC coins to PCGS, I really don't think that was an MS64..

EVERY NGC coin I've crossed to PCGS, whether in an old fat holder, or a newer holder, has crossed at exactly the same grade, save one.. a 1949-D Roosevelt Dime with a gorgeous full-spectrum rainbow crescent in front of FDR's face crossed from NGC MS67 to PCGS MS67 FB, turning (based strictly on Price Guide), a $130.00 coin into a $300.00 coin.. that dime was in an old NGC "fatty" holder too.. and at that time, NGC didn't designate Full Bands or Full Torch, as THEY call it, to Roosevelt Dimes.. only Mercury Dimes.. I don't think they used their star designation back then either..

But the best part was, that dime was a Birthday gift from a friend a few years ago, so it cost me nothing to begin with.. I HATE dimes in NGC holders because they are very thin coins, and when NGC smushes them down into their white inserts, they're very hard to photograph.. so I crossed it for a number of reasons..

- on the wild chance PCGS might upgrade it to MS68 FB, making it a $5000.00 coin.. well, that didn't happen, but it DID get FB..
- PCGS' holder design works much better for tiny, thin coins like dimes, trimes, $1.00 or $2.50 Gold coins, and such.. they don't get sunken down into that deep expanse of white plastic, and they're MUCH easier to view and photograph..

With bigger, thicker coins like Halves and $s, the coin in an NGC holder is pretty much flush up against the clear circle.. easier to see, easier to photograph, if you know what I mean..

I've watched a LOT of 1901 and 1901-S MS62 $10.00 Liberties on eBay and TeleTrade.. I'm always curious to see how much other people pay for the "same" coin I own.. and when I saw that one go off for over $1500.00 yesterday, I said.. what the..