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1908 no motto pcgs cac ms 65 + saint gauden sold for 2600.00 on ebay

is that about going rate for those saints now

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    joebb21joebb21 Posts: 4,806 ✭✭✭✭✭

    Sight unseen for a regular ms65 cac is $2520. I think $2600 is very fair.
    A good buy if you got it
    may the fonz be with you...always...
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    If the CAC sticker is worth $500-$600 extra? The yes, that's the going rate for a common Saint in 65.
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    MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Sounds about right.

    I would prefer a 66 at a similar price though. Not much of a sticker fan.
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭


    << <i>Sounds about right.

    I would prefer a 66 at a similar price though. Not much of a sticker fan. >>



    Yep, I know there's been a thousand words already spoken about Saints but nowadays a CAC 65 brings PCGS 66 money.
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭


    << <i>Yep, I know there's been a thousand words already spoken about Saints but nowadays a CAC 65 brings PCGS 66 money. >>



    And that's because out of the holder it's hard to tell those 2 coins apart. For every 10-20 MS66's I run into, maybe 1 coin is a no brainer 66. They're called "generic" 66's for a reason.
    At most 5-10% of 65's or 66's are getting stickered.

    Could not find the OP's coin on Ebay. Didn't see a single 65+ coin with a sticker. Wanted to see how nice the coin was.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭


    << <i>And that's because out of the holder it's hard to tell those 2 coins apart. For every 10-20 MS66's I run into, maybe 1 coin is a no brainer 66. They're called "generic" 66's for a reason.
    At most 5-10% of 65's or 66's are getting stickered.

    Could not find the OP's coin on Ebay. Didn't see a single 65+ coin with a sticker. Wanted to see how nice the coin was. >>



    I hear ya. Not saying that it's not justified, just that it is what it is.

    You might find the coin in eBay's archives tomorrow or Friday. For some reason, some completed listings have had a 24-48 hour delay before showing up in completed listings.

    image
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    lordmarcovanlordmarcovan Posts: 45,032 ✭✭✭✭✭
    Dang, I remember selling a PCGS MS63 OGH 1908 NM Saint for $400 in my early forum days. My, how times have changed, eh?

    Mind you, that was a 63, and I know I'm comparing apples and oranges, in a way. But ... geez. More than a decade on the forums and I guess I've seen quite a bit of change.

    Collector since 1976. On the CU forums here since 2001.

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    joebb21joebb21 Posts: 4,806 ✭✭✭✭✭
    may the fonz be with you...always...
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    Cougar1978Cougar1978 Posts: 9,779 ✭✭✭✭✭
    The 1908 NM MS65+ Saint is shown at 2500 in the PCGS price guide, CW Trends reflects 3250. CDN Bid is $1925.

    In looking at ebay sold history I could not find a 1908 but a 1914-D PCGS CAC 65 went for $4772.20 via BIN. PCGS price guide shows 2700, CW shows 3500. I took a look at the 1914-D and did not like it at all bc of the prominent obverse field contact mark slightly to the left of Miss Liberty. CDN Bid is 3850. Wow quite a difference - double checked too.

    The last 3 common $20 Saints in PCGS 65 (non cac) sold in the $2100 range. That the person paid $2600 for a + CAC stickered one shows they wanted a high end coin with a CAC sticker and determined to win the auction.

    Certainly the 1908 coin went for around retail and the 1914-D, a non plus coin exceeded that.

    What a CAC sticker is really worth is subjective IMO and a reflection of the heat of the bidding. I had a classic commem in NGC 64 CAC with CDN bid for $170 realize $177.50 in auction (CW Trends 250). Obviously on big ticket gold coins the bidding can get heated.
    Investor
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    The winning bidder had over 2400 feedbacks, so probably a real bid. The others with high feedback only bid it to $1900-$2100. Then bidders with lower feed back bid it up from there.

    It's a nice coin. A few tiny tics on the obv from a 66. For a 1908 NM this coin is far above an average strike with rounded legs/knees and little of the flatness often seen on the eagle's legs and breast.
    Between the + sign, sticker, and sharp strike, this is probably in the top 1-5% of all 1908's in MS65. And a buyer with that many feedbacks is probably a dealer.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    derrybderryb Posts: 38,562 ✭✭✭✭✭
    fairly common coin in high grades.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    1908 NM Saints are the red-headed step-child of the series. The vast majority of bidders make special note that this is the only date they will NOT accept in transactions.

    Wells Fargo or not, the pop for this date is comparatively HUGE. A 1908 in MS65 is a real runt in this litter. I haven't checked, but I'd think MS65+ is below the both the median and average grade for this date.

    The date so often coin faces up as close to perfect in terms of marks. The satin frost is the least coruscatingly reflective of any date. It has, for a Saint, negative albedo. And the low relief mutes much of the bas-relief drama that all WM's have.

    I'll state authoritatively that the aftermarket on these is very weak. YMWNV (Your Mileage Will Not Vary).

    Despite all these negatives, you're holding a coin you are getting a kick out of. . . . image

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    I hear the Colonel. The points are well taken. Thing is, this coin appears to have much better luster and strike than your typical "pancaked" 1908 NM. I've seen 1908's with nearly the same vibrant luster as a 1924.
    For all the 10-20-30 coin Saint deals I've done over the past 10 years I've never had a single buyer say no 1908's or anything even remotely close to that. The 2 guys I've dealt with the most closely are PNG gold wholesalers
    and they've never complained about 1908's either. I guess they're like spotted-original coins. CAC loves gem spotted gold - they probably don't have a big problem with the 1908 either as long as it's clean, orig, and struck ok.
    Fwiw I own a MS63 1924 $20 in an ogh that has a nice look...except for the fact that Miss Liberty has no face at all, it's totally gone. I've never seen a 1908 NM like that.

    As far as the pops go, the 1908 is not even the most common date in the series in 64 and 65 grades. That honor goes to the crappy 1924 and 1927. You also see a lot more spotted gold with those 2 dates. In MS66 grade
    the 1924 still beats out the 1908 for highest pops....by only 1.5%. Haven't heard dealers tell be they didn't want any common 1924 Saints....or for that matter...no 1880-s or 1881-s Morgans because they're dirt common. It's
    only in MS67 grade that the 1908 blows away the 1924 by a mile.. And a good thing to or there would be essentially no MS67 or MS68 Saint type coins for collectors. Even in MS67 grade you can't say don't send me any
    1908's as it's 75% of all 67's graded. And if you want a gem No Motto $20 Type coin....you have little choice but the 1908 NM w/o paying a lot more money. The 1908 changed the market in 67-69 grades. It really had
    much less effect on the 62-66 grades. I like MS64 through MS67 1908 NM's....send me all you have at strongly discounted money. No one has offered to sell me even one 1908 since the last time we discussed this topic.

    And surprise, the median grade for the 1908 is from 63 to 64 grade. This MS65+ falls into the upper 8% of all 1908 NM's graded. And if you factor in the strike, sticker, and other qualities, it's probably top 2-4%. Some of
    these "dogs" can hunt. How often do you hear buyers refusing to accept any MS64-65 1857-s Type 1 $20's because they are too common? Now they can say the same thing about choice and gem S mint $20's of the
    1880's thanks to Saddle Ridge. Common as dirt or not, I'm going to get one of those 1880's dates in nice 64 grade. image

    Pop report

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    orevilleoreville Posts: 12,292 ✭✭✭✭✭
    I am that red headed step child's brother!

    I look the other way when 1857-S, 1904 or 1908NM $20 show up with my sister.

    Even 1904-S $20 almost makes me shudder,
    A Collectors Universe poster since 1997!
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    Give me your tired, your poor, your dull luster,
    Your huddled 1908 NM masses yearning to breathe free;
    The wretched refuse of your seething strikes,
    Send these, the homeless,
    Tempest-tossed to me
    I lift my lamp beside the golden door!


    anonymous
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Having read the inspiring verse above, I hereby retract, renounce and abjure whatever I might have said previously on this. . . image Even if I was sometimes sorta somewhat "right". . . . image

    Emma Lazarus is kvelling. . . image Kosher kudos to a super shaygets
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    Unlike Colonel Jessup, some of us can't handle the truth. image

    The beauty of the Colonel is that you are challenged to look up so many new things. I saved a step for others below.

    I'm learning a 3rd language on this forum.


    Emma

    shaygets
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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