1907 Wire rim High Relief Saint
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What would be a good bid range for a 1907 Wire rim High Relief Saint? The dealer is still negotiating the purchase, but is putting out the word to possible buyers for a quick flip. PCGS just graded it MS65.
I don't have pictures yet, hence the request for a range rather than a specific figure for this exact coin.
Thanks.
I don't have pictures yet, hence the request for a range rather than a specific figure for this exact coin.
Thanks.
0
Comments
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>The two that Heritage sold this year (PCGS 65) went for 67,563 and 64,625. Based strictly on the grade I'd say that is the range you should expect. Eye appeal will add or subtract from those numbers. >>
Before I'd pay those numbers I'd look for something at a large coin show. I paid a lot less than that for this one, which is graded MS-65, about three years ago when the Gray Sheet bids were about the same as they are today.. I know that it's an NGC graded coin, but it's very nice.
Indian Head $10 Gold Date Set Album
Indian Head $10 Gold Date Set Album
That's a big investment, no matter your goals as collector or investor. The cost to the submitter of under $125 including (round trip shipping registered) is inconsequential compared to later price protection. I'm thinking a $1000 premium for a bean now could mean a $5000 differential a few years down the road. Watch out for bargains. There's already bifurcation at the top end of the gold market. The divergences will continue to broaden. Looked at non-stickered common Saints in 65-66-67. Any St. Gaudens or Pratt design.
Have the dealer quote you a price for a beaned PCGS 65 and see what he can deliver.
Superb color and texture, BillJones. Thanks. . .
<< <i>Get it stickered.
That's a big investment, no matter your goals as collector or investor. The cost to the submitter of under $125 including (round trip shipping registered) is inconsequential compared to later price protection. I'm thinking a $1000 premium for a bean now could mean a $5000 differential a few years down the road. Watch out for bargains. There's already bifurcation at the top end of the gold market. The divergences will continue to broaden. Looked at non-stickered common Saints in 65-66-67. Any St. Gaudens or Pratt design.
Have the dealer quote you a price for a beaned PCGS 65 and see what he can deliver.
Superb color and texture, BillJones. Thanks. . .
+1
good advice, Colonel.
<< <i>Get it stickered.
That's a big investment, no matter your goals as collector or investor. The cost to the submitter of under $125 including (round trip shipping registered) is inconsequential compared to later price protection. I'm thinking a $1000 premium for a bean now could mean a $5000 differential a few years down the road. Watch out for bargains. There's already bifurcation at the top end of the gold market. The divergences will continue to broaden. Looked at non-stickered common Saints in 65-66-67. Any St. Gaudens or Pratt design.
Have the dealer quote you a price for a beaned PCGS 65 and see what he can deliver.
Superb color and texture, BillJones. Thanks. . .
Good suggestion.
Indian Head $10 Gold Date Set Album
Off to see the sticker, the wonderful sticker of, er
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>Before I'd pay those numbers I'd look for something at a large coin show. I paid a lot less than that for this one, which is graded MS-65, about three years ago when the Gray Sheet bids were about the same as they are today.. I know that it's an NGC graded coin, but it's very nice.
Wow that's lovely. Looks 66 obv/65 rev to me from the pics.
Indian Head $10 Gold Date Set Album
<< <i>The two that Heritage sold this year (PCGS 65) went for 67,563 and 64,625. Based strictly on the grade I'd say that is the range you should expect. Eye appeal will add or subtract from those numbers. >>
These numbers are very far off.
A non CAC ms65 pcgs coin should be in the $40-$50,000 range. There are plenty to choose from so you don't need to splurge.
All these double eagles have the same diameter and the same weight. The high relief ones would be somewhat thicker, but not two times thicker.
<< <i>Bought this one at the ANA last year 56k on the bourse floor. Bill Jones is right.... you can usually pick from 5-6 gem High Reliefs at any major coin show. I'm sure there will be several at next weeks Central States show. If a gem HR is on your want list don't be in a hurry. Even though they are extremely beautiful and popular, they aren't rare.
Gorgeous!
<< <i>Wow that's lovely. Looks 66 obv/65 rev to me from the pics. >>
I'll state in advance i'm a little rough on Saints - I've owned 2-1907 HR Wire Rim in the past, both PCGS64.
I always see issues with bagginess on the sun and in the rays, like on the coin displayed in the NGC holder. The obverse obviously must carry the coin, as the reverse is typical of a PCGS64.
BTW -Im just as rough on my own coins!
<< <i>Bought this one at the ANA last year 56k on the bourse floor. Bill Jones is right.... you can usually pick from 5-6 gem High Reliefs at any major coin show. I'm sure there will be several at next weeks Central States show. If a gem HR is on your want list don't be in a hurry. Even though they are extremely beautiful and popular, they aren't rare.
That raises a really interesting question. While CAC has inflated the price for a MS65 high relief, it actually may have depressed the value for all the other MS 65s. My logic is that this is one coin where there have been lots of resubmissions for the same coin with a concerted effort to get them into the highest graded holder possible so without a CAC label there may well be a market place assumption that chances are greater than not that the non beaned MS65s got 64s in their prior life.
<< <i><<Having not seen a 1907 High Relief Saint in person, how big are these coins in hand? They appear to be the same diameter as a normal 1907 - 1933 Saint. Are they thick like the 2009 UHR coins the US Mint put out, or only as thick as a normal 1907 - 1933 Saint? Are they the same almost one once of gold like a normal 1907 - 1933 Saint? What about the 1907 High relief Saint that was recently (last year or so) on eBay for $3.9M? That one looked thick and large. Was it over an ounce of gold?>>
All these double eagles have the same diameter and the same weight. The high relief ones would be somewhat thicker, but not two times thicker. >>
If they are all the same diameter how could a thicker one be of the same weight? Not questioning the answer, just the logic. My one remaining 1907 High Relief Saint is sealed in a PCGS slab so hard to confirm one way or the other. ( I once achieved a goal of getting one in each MS grade from MS62 to MS65.)
All these double eagles have the same diameter and the same weight. The high relief ones would be somewhat thicker, but not two times thicker. >>
If they are all the same diameter how could a thicker one be of the same weight? Not questioning the answer, just the logic. My one remaining 1907 High Relief Saint is sealed in a PCGS slab so hard to confirm one way or the other. ( I once achieved a goal of getting one in each MS grade from MS62 to MS65.) >>
I assumed thickness meant from the high point of the obverse side to the a corresponding high point on the reverse. High relief would have higher high points. Even if you made high relief by lowering the field, you would have surplus metal that would build up somewhere. Either of these may turn out to be a small effect.
Lowering the field to enhance relief was done on the Washington quarter reverse type B.
Now the metal volume of each coin is the same and the average thickness would be the same.
A standard plastic coin tube would hold 23.5 1972 (P) type I low relief Eisenhower dollars.
A similar tube would hold 22.5 type 2 dollars (high relief on reverse side only).
Likewise 23 1972 (P) type 3 dollars (modified high relief reverse).
So in this case high relief did make an apparent difference in thickness.
Now the metal volume of each coin is the same and the average thickness would be the same.
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>High relief Saints have the same diameter (34 mm) and the same weight (33.40 g) as a regular strike Saint. Logic dictates they must have the same thickness. >>
Logic dictates that it is very possible for the thickness to differ. Just imagine very deep fields on both sides that result in thin parts to the coin. The extra metal has to go somewhere.
<< <i>
<< <i>High relief Saints have the same diameter (34 mm) and the same weight (33.40 g) as a regular strike Saint. Logic dictates they must have the same thickness. >>
Logic dictates that it is very possible for the thickness to differ. Just imagine very deep fields on both sides that result in thin parts to the coin. The extra metal has to go somewhere. >>
I stand corrected, but I don't see anything such as the modern UHR thickness. What does this do to a rim thickness comparrison among the saints? Surely the rims are higher than the details.
No Way Out: Stimulus and Money Printing Are the Only Path Left
1907
Latin American Collection