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Bust 50c Upgrade?

The owner of this Bust half said that HRH thought it would upgrade by a point at least, currently in an MS63 rattler: http://i106.photobucket.com/al...t/CappedBust29MS63.jpg
https://coins.www.collectors-s...PeopleSetCoinID=450601
http://boards.collectors-socie...ain=418202#Post9573966
Could it upgrade two points?
https://coins.www.collectors-s...PeopleSetCoinID=450601
http://boards.collectors-socie...ain=418202#Post9573966
Could it upgrade two points?
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If he's so sure, why doesn't he send it in and get the upgrade? If you're buying it, I'd try to ignore what might happen and evaluate the coin on its own merits.
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To me, buying sight unseen is acceptable if I know the seller very well, he / she knows what I like, and I have a no questions asked seven day return privilege.
Word to the wise. You are not going to get a bump from MS 63 to MS 65 on a Capped Bust Half. Period.
"Seu cabra da peste,
"Sou Mangueira......."
If he's so sure, why doesn't he send it in and get the upgrade? If you're buying it, I'd try to ignore what might happen and evaluate the coin on its own merits.
yes, as my chinese friend says "sumting wong"
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If he's so sure, why doesn't he send it in and get the upgrade? If you're buying it, I'd try to ignore what might happen and evaluate the coin on its own merits.
yes, as my chinese friend says "sumting wong"
I don't see anything suspicious about the coin or the owner. The owner is SkyMan, who has been active on both the PCGS and NGC boards forever and he has posted these images of this coin for perhaps over a decade. He also states that he has owned it for 25+ years and that it is not for sale. His post was about registry points and a comment by David Hall. I imagine these images are either from film or the relatively early days of quality digital imaging and that the coin might look different if imaged by someone else today.
Back to the original question in this thread; could it upgrade two points? I doubt that.
In honor of the memory of Cpl. Michael E. Thompson
Lance.
Typical flatness for an 1829 field overly clean- if the luster is popping I see nothing that would keep it from ms65
RIP Mike.
That coin is totally Sweet!
Color as seen on this CBH was quite "rare" back in 1988-1989. PCGS was pretty hard on color and luster back then. This one looks a tad weak on the luster in the left obv field and Lib's cheek. But really can't sure unless in hand. Fwiw, I had an 1838-0 dime back in 1988. NGC MS64'd it. I then sent it to PCGS and got a stinkin' MS63. They were tough. Back to NGC and that coin went MS65. I think today that coin is now in a PCGS MS65 holder. I've had a number of MS63/64/65 coins I owned back in 1988 advance 2 points since then. I don't see why it couldn't happen for a CBH. Unusual, but not out of the question...especially for a liner 63/64 coin that was holdered as MS63.
I see no reason why this coin shouldn't upgrade to a MS64 today. Eye appeal wasn't factored in very strongly in 1988 while a few rogue hairlines or marks were. It's just the opposite today and coins like this are prime targets for big reversals today. I've learned my lessons over the years.....keep it in the darn rattler. There are so few of those left and they only get rarer, esp. looking like this. Going for an upgrade should be a last act of desperation only if you're thinking of bailing out for good. It's worth more in this holder as a 63 than a modern 64 holder....just my 2c.
This same coin if graded AU58 would be worth more than MS64 money. Keep cracking it out until it comes back AU58.
I'm not sure what the price spreads were like when the coin was graded which many people do not consider on the older conservative grading especially with type gold. When upgrades didn't make that much of a difference they could afford to be cautious.
In those days, the price basically doubled for each point added from MS63 to MS67. The grades made a HUGE difference in price back then. And consequently there was a huge business of cracking out freshly graded coins seeing as there was hardly any supply of them on the market yet. I cracked out a hundred or so MS63 to MS64 type coins back then. It was an easier game to play then because the grading tended to be pretty consistent. I'd say that 10-25% of every submission was worth cracking out again.
In 1989 the prices on MS bust halves were as high as they are today....though shifted at least 1 pt on the grading scale. It made sense to crack 'em out if they were strong for the grade. There was no CAC. There were no "old" holders or + signs. The only way to get the score was to crack them.
Since there was no such thing as a regrade or details grade, you had to assume the risk that you could get the coin back in a holder, or your only out was to reconsign to an auction as a raw coin. That wasn't so bad even into 1990 as 80-90% of all auctions were still raw coins. Recall that any superb gem capped bust half with a single facial hairline or faint scratch wouldn't grade higher than MS64 regardless of eye appeal. One flaw on the focal points or in the large fields were grounds for a 64 grade or lower. Today, some of those coins grade as high as MS67.
CBH 29 DEC 1989 ANE/CCE prices:
MS62 $1125
MS63 $2150
MS64 $5300
MS65 $10,250
MS66 $21,250
MS67 $41,000