I can't say I would if I already owned one--as others have said, there is nothing to gain; but if I was buying one, I wouldn't do so without checking it's metal content.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Tradedollarnut - you are still going to make me wait for a dollar !
Laura had cold feet bidding on the coin at all. I believe she did the right thing not persuing this coin.
If it turns out to be some sort of 1943 Pattern I doubt it is worth more than $ 10,000
In my research I found out the first time Stacks/Bowers submitted the coin for grading it was sent back in a flip stating PCGS did not know what the coin was and refused to grade it. It was then sent back stating PCGS is a coin grading service so they need to grade this coin.
When I spoke to David Hall he believed the lab may have made a mistake and he thought perhaps this coin should be sent to another lab.
Whoever bought this coin for certain took a big shot. Like Andy said and I agree that there is probably only downside for this coin.
<< <i> Or they can use this one that does nada to the coin but that's no fun.
>>
A very similar X-ray gun like that was demonstrated to me at the Long Beach show and I was shown how the gun can be used to tell the composition of a coin even through a PCGS slab. We tested it on a slabbed St. Gaudens and the machine quickly showed the breakdown of gold, copper and trace elements to like 6-7 decimal places.
So the next time a graded 1943 copper shows up at an auction lot viewing, would Heritage, Stacks or Goldberg stop a potential buyer from scanning the coin with one of those ray guns??? I doubt they would have an issue with it if they felt you were a serious potential bidder.
This appears to be a portable mass spectrometer. It's only about a $40K device, so I doubt many collectors will be carrying them around on a belt holster at coin shows or auctions.
<< <i>This appears to be a portable mass spectrometer. It's only about a $40K device, so I doubt many collectors will be carrying them around on a belt holster at coin shows or auctions. >>
The one shown to me at Long Beach was only $15k Or you could lease it for a few hundred a month.
Comments
<< <i>I think that today they can test for metalic content without a damage or such.
bob
they can do it without a crack out with a hand held scanner
But if you already owned one - already slabbed as a 43 Copper - would you be so quick to test it? Financially, all you would have is downside.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I can't say I would if I already owned one--as others have said, there is nothing to gain; but if I was buying one, I wouldn't do so without checking it's metal content.
<< <i>
<< <i>So what did happen? >>
Link
Final bid: $164,500 >>
Thanks!
Not bad for an AU coin!
<< <i>He can buy a coin for $10,000,000 but he can not pay a dollar for a bet he lost !
I'm no rocket scientist, but that sounds like cause and effect. >>
Empty Nest Collection
Lance.
Tradedollarnut - you are still going to make me wait for a dollar !
Laura had cold feet bidding on the coin at all. I believe she did the right thing not persuing this coin.
If it turns out to be some sort of 1943 Pattern I doubt it is worth more than $ 10,000
In my research I found out the first time Stacks/Bowers submitted the coin for grading it was sent back in a flip stating PCGS did not know what the coin was and refused to grade it. It was then sent back stating PCGS is a coin grading service so they need to grade this coin.
When I spoke to David Hall he believed the lab may have made a mistake and he thought perhaps this coin should be sent to another lab.
Whoever bought this coin for certain took a big shot. Like Andy said and I agree that there is probably only downside for this coin.
Stewart Blay
<< <i>He can buy a coin for $10,000,000 but he can not pay a dollar for a bet he lost !
I'm no rocket scientist, but that sounds like cause and effect. >>
This is awesome!
Coin Rarities Online
<< <i>.... But I can't get past the poor eye appeal. Call me shallow.
Lance. >>
So your position might be stated as "Beauty is only 'skin' deep"
<< <i>
Or they can use this one that does nada to the coin but that's no fun.
A very similar X-ray gun like that was demonstrated to me at the Long Beach show and I was shown how the gun can be used to tell the composition of a coin even through a PCGS slab. We tested it on a slabbed St. Gaudens and the machine quickly showed the breakdown of gold, copper and trace elements to like 6-7 decimal places.
So the next time a graded 1943 copper shows up at an auction lot viewing, would Heritage, Stacks or Goldberg stop a potential buyer from scanning the coin with one of those ray guns??? I doubt they would have an issue with it if they felt you were a serious potential bidder.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>This appears to be a portable mass spectrometer. It's only about a $40K device, so I doubt many collectors will be carrying them around on a belt holster at coin shows or auctions.
The one shown to me at Long Beach was only $15k
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448