And just think...many coins of all types that were once 65's, 66's, and 67's are found graded one point higher today.
Sounds like coins in the upper grades are a sure investment in the years to come when the standard for 69 is less than it is today.
Final thought. In this age of inflating the actual grade of a coin due to its beautiful color/eye appeal; what happens when color goes out of fashion as it has at least once in my lifetime. What happens to that MS-68 when the spot appears - as a 75% probability it will?
@Insider2 said:
Final thought. In this age of inflating the actual grade of a coin due to its beautiful color/eye appeal; what happens when color goes out of fashion as it has at least once in my lifetime. What happens to that MS-68 when the spot appears - as a 75% probability it will?
Don't you just hate it when people pull 'facts' out of their....
Anybody spending that money is doing so because they get extreme enjoyment out of viewing and owning the coin. I highly doubt it matters to them if it holds its value
What happens to that MS-68 when the spot appears...?
Aesthetic value of the piece for most collectors would be greatly diminished notwithstanding its rainbow colors.
The dollar value of the piece, to most astute collectors to include the owner, would shrink dramatically,to a small fraction of its original selling price?
Whoever is careless with the truth in small matters cannot be trusted with important matters.
It will be interesting to see how the NGC 68 fares in the FUN auction, or the assessment of someone who has seen them both. The NGC coin has a better strike, but the specimen being discussed here seems flashier and has better color and eye appeal (obv. of NGC coin is speckled).
Great coin and amazing color and strike , hyper Insane retail number.
My question and assumption is how far is the buyer buried?
Maybe 5 or 6 k hit next time it sells. Crazy price and just a rich mans bobble it would seem.
Weak rev strike and seems like there are some vertical marks on the cheek and round circular mark in the hair.
Still, great condition with fantastic color sure but great color is not rare on buffalos.
I've always been fond of color and in 40 years I've keep a number of misc dates in a capitol holder that have super great color (ok not as great as that one) but have never sent them in since they're common dates and may only grades 65-66 (maybe a couple 64s).
Never seemed worth the fees and I really like them displayed together. Slabs are distractions to me.
In a way, my aging eyesight keeps me away from those cases that grading seems to be the result of spliting hairs.
Beautiful eye appeal and nice toning, but I agree with others in that this coin does not appear to be well struck... especially for being the end of this particular series and at this grade.
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
@SamByrd said:
Great coin and amazing color and strike , hyper Insane retail number.
My question and assumption is how far is the buyer buried?
Maybe 5 or 6 k hit next time it sells. Crazy price and just a rich mans bobble it would seem.
Why is that an insane retail number? Why is that a crazy price? $12,925. It falls well within price guides and auction records especially when you factor in eye appeal. Why would you assume the seller taking a 5 or 6k hit? Based on what? He or she is just as likely to make a profit selling into a bull market. It was bought during a semi weak market.
It's just as likely that the coin went cheap.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
You're comparing a 1 of 4 CAC'd specimens vs. up to 26 unstickered. That's why the big difference in price. Interesting, the CAC 68 has a few tics and still could be a bit sharper in strike.
I don't understand that last sentence above. The 1938-D's are more common in MS68 than any other year of the Type 2...at least at PCGS. Only one other date has a MS68 assigned....a lone 1937-D. If you want an MS68 Type 2 your choice is pretty much the one date/mm. The fact that NGC has almost 3X as many MS68's for this date suggests the standards between the two TPG's are fairly wide. You therefore can only compare the NGC MS68's among themselves. You can't make a fair comparison to the PCGS MS68's....of any date/mm. If we consider Type 1's, the 1938-D is still slightly more common vs. the 1913 Type 1....and with 3X as many MS67's, there are lots more potential 1938-D's to make the jump to MS68 someday.
I think the focus on this particular coin is misplaced. Any PCGS 68 38-D will sell in the ~10K range. This conversation could have existed without any mention of a particular coin. Yes, it is a huge jump and I do expect it to come down given how many nice 38-D nickels there are. Of course, in other cases I can see paying up for something like this of it is clearly nicer than the next grade lower (and there aren't hundreds of coins that could one day be graded the same anyway). This particular coin may or may not be in that category. I didn't examine it in hand.
You're comparing a 1 of 4 CAC'd specimens vs. up to 26 unstickered. That's why the big difference in price. Interesting, the CAC 68 has a few tics and still could be a bit sharper in strike.
I don't understand that last sentence above. The 1938-D's are more common in MS68 than any other year of the Type 2...at least at PCGS. Only one other date has a MS68 assigned....a lone 1937-D. If you want an MS68 Type 2 your choice is pretty much the one date/mm. The fact that NGC has almost 3X as many MS68's for this date suggests the standards between the two TPG's are fairly wide. You therefore can only compare the NGC MS68's among themselves. You can't make a fair comparison to the PCGS MS68's....of any date/mm. If we consider Type 1's, the 1938-D is still slightly more common vs. the 1913 Type 1....and with 3X as many MS67's, there are lots more potential 1938-D's to make the jump to MS68 someday.
I see your point; I have a friend who has been in an alcoholic rehab for a year and a half who finds that coins help him keep his sanity, and I was just copying and posting his observations that I didn't think through. He is not a member here.
Pardon me, but I'd like to contribute my 1 of 24,000 38-D PCGS 66 coins (and 1 of 332 CAC greenies). I know it is a lesser specimen, but fits my budget.
I really don't begrudge others who want the very best and can pay for it. I guess it's all relative as to what we value.
I happened to see this wonderful coin in hand and knowing how the good people at Angle De`s are and how they handpicked each and every coin that was assembled in that amazing collection and their great eye for solid graded eye appealing coins... That along with the great job Legend did at marketing this sale it is no wonder it brought what it did... Many were one of kind as well as this one!!!! I wish I was the owner! With that said I have my hands full with my main interests in coin collecting and I have stepped up for quality toned coins including the odd buffalo... I try my best to acquire ones that have it all so to speak and for those a person has no choice but to step up... Why would I do such a crazy thing you may ask? Because I love owning and seeing them...
The new owner of that 38-D I bet will enjoy viewing that amazing coin for many years!
@DollarAfterDollar said:
What I want to know is how many times was it graded and who did the submitting?
That would be interesting. Imagine if every slabbed coin automatically came with a code listing all of its former TPG submissions....and it was retroactive to 1986. The market would get quite a ripple.
@kiyote said:
And I hear people that spend $800 for a half oz first spouse gold coin with sub 2k mintages are fools?
Yes!...wait till they try to sell the coin.
That coin will always be bought close to spot. it can also be sold in 2 minutes! Furthermore, since these are unpopular now and low mintage it is a virtual sure thing that in the future, after we are dead, they will appreciate very nicely for gold and as a collectable.
Spend crazy money on a beautiful toned nickel you want...fine. But try and make a quick profit or a quick no fuss sale. Better keep it from changing in the holder also.
Now, Trade dollar nut, why don't you pull a man...
One who buys coins just to lose lots of money if your prediction of the future market (just as mine above) does not materialize. Hopefully, this will not happen to your partial set of trade dollars when it is time to sell.
I chuckle when I see MS-66 coins being compared to that beauty in the original post. The arbitrary numbers being throw out on how much the buyer will lose in the future are also hilarious.
If you want the finest, you have to pay for it. It is no different in any other area of life. You can live one block off the ocean for WAY LESS money also.
@Wabbit2313 said:
If you want the finest, you have to pay for it. It is no different in any other area of life. You can live one block off the ocean for WAY LESS money also.
Yep.
During my life I've owned a series of clunkers, as well as Mustangs, Corvettes and Porsches etc etc. They all got me to were I was going and they all offered me different driving experiences. Some decisions to buy them were based on what I could afford at the time. Some were based on what I wanted to pay once writing bigger checks was more comfortable. Regardless they all offered their own level of satisfaction. Coins are no different.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
When talking about "finest" are we talking about best eye appeal, best luster, fewest marks, or best strike? Or all 4 combined? All of them mean something different. CAC didn't sticker this coin suggesting it is lacking "something." If you took all 1825 MS67's, and the 21 MS68's.....cracked them all out, and mixed them up. I'd be very surprised if anyone here could accurately select all 21 MS68's. I don't think anyone here could select all 21 MS68's if only mixed in with the 332 CAC MS66's.
A house on the ocean in Santa Monica IS a house on the ocean and not an opinion. An MS68 graded Buff is merely an opinion...and can change from day to day. That is clearly evident since the first 2 MS68's of this date didn't exist until the mid to later 1990's. The only thing we know for sure, is that it is a superb gem buffalo nickel by any reasonable market standards. How to determine the true value of the coin? Crack it out of the holder and put it up for auction raw at summer ANA or FUN. If the coin is truly deserving of MS68 status, it should get the grade again.
@roadrunner said:
How to determine the true value of the coin? Crack it out of the holder and put it up for auction raw at summer ANA or FUN. If the coin is truly deserving of MS68 status, it should get the grade again.
This could be the most foolish thing I have heard here in a long time, and that is an amazing accomplishment.
My apologies for providing inaccurate information as to the 1938-D population... The 67 and 67 plus total is 1825 and the combined 66 and 66 plus is actually over 30,600. I misread the numbers- the 24,000 is for 65.
Experience the World through Numismatics...it's more than you can imagine.
Paying the price is more foolish than Roadrunner's comment IMO. Ridiculous price for an admittedly nice coin regardless of how many others are out there, although I do hope the buyer is happy. As has been pointed out, think of the wonderful coins that could be bought by getting a superb 67 and putting the difference toward them...
Love that Milled British (1830-1960) Well, just Love coins, period.
@mr1874 said:
It's just that the color on a coin seems transitory to me. i'm a strike guy putting me out of time,out of place, i guess.
Nah! Whatever works for you.
You seem to know what you are doing
to say the least . The same can be said for those that collect in the high grade color world. Respect
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Isn't it great that we all value different attributes and can collect what we like and don't have to all want the same thing? That part of it is great - what isn't great is talking down what the others like
@Insider2 said:
Final thought. In this age of inflating the actual grade of a coin due to its beautiful color/eye appeal; what happens when color goes out of fashion as it has at least once in my lifetime. What happens to that MS-68 when the spot appears - as a 75% probability it will?
Don't you just hate it when people pull 'facts' out of their....
Anybody spending that money is doing so because they get extreme enjoyment out of viewing and owning the coin. I highly doubt it matters to them if it holds its value
I agree TDN ....My dad, God rest his soul, was a wise and witty guy and one of his well remembered quotes to me was: "Nothing is too expensive, you just don't have enough money"
Spots below the feathers, 2 horizontal nicks in the hair, that thing on the forehead and "STATES" is mushy. It's an MS 66 coin with 2 bumps for color IMO.
I should be more charitable at Christmas but if this is "the best" I'm not sold.
If you do what you always did, you get what you always got.
@roadrunner said:
How to determine the true value of the coin? Crack it out of the holder and put it up for auction raw at summer ANA or FUN. If the coin is truly deserving of MS68 status, it should get the grade again.
This could be the most foolish thing I have heard here in a long time, and that is an amazing accomplishment.
Shows you don't understand the TPG grading system. Where the only grade that counts is the last one....and invariably, that's the highest one the coin has ever achieved. It was far more ludicrous to compare common date but monster condition US coin(s) to ocean front property....lol. Like I said, if you want to know what a coin is truly worth, crack it out and auction it....or try to sell it raw to the very best dealers/collectors that specialize in that area. If you can't get anyone to bite at a minimum 67+ money....then you don't have an MS68 quality coin, period. The only alternative is to know each and every grade that particular coin has ever achieved at the TPG. That is also a way to properly value it. We're not looking for one offs....but consistency. Nowhere did I say to crack out your MS68 Buffs....only what it would take to properly value the coin on its own merits. If your Buff cannot stand on its own 4 hooves outside the holder.......you have a problem Houston.
I expect more out of coins that to just love looking at them when I spend $thousands per coin. And I suspect TDN does too. Getting back what you put into it (or more) is never a bad thing. You can do both....be mesmerized and try to profit. If losing money on a coin is the typical price of numismatic admission, count me out. TDN sold his incomparable seated dollar set for an offer he just couldn't refuse...which indicates profit trumped being mesmerized. Actions speak louder than words. And he bought the set back at a significant savings to re-establish being mesmerized.
@roadrunner said:
How to determine the true value of the coin? Crack it out of the holder and put it up for auction raw at summer ANA or FUN. If the coin is truly deserving of MS68 status, it should get the grade again.
This could be the most foolish thing I have heard here in a long time, and that is an amazing accomplishment.
Shows you don't understand the TPG grading system. Where the only grade that counts is the last one....and invariably, that's the highest one the coin has ever achieved. It was far more ludicrous to compare common date but monster condition US coin(s) to ocean front property....lol. Like I said, if you want to know what a coin is truly worth, crack it out and auction it....or try to sell it raw to the very best dealers/collectors that specialize in that area. If you can't get anyone to bite at a minimum 67+ money....then you don't have an MS68 quality coin, period. The only alternative is to know each and every grade that particular coin has ever achieved at the TPG. That is also a way to properly value it. We're not looking for one offs....but consistency. Nowhere did I say to crack out your MS68 Buffs....only what it would take to properly value the coin on its own merits. If your coin cannot stand on its own 2 feet outside the holder.......you have a problem Houston.
I choose to believe I understand it just fine and will not defend that. Do you have any high end graded coins?
I choose to believe I understand it just fine and will not defend that. Do you have any high end graded coins?
You mean like owning dozens of PF MS66/67/68 Seated and Barber coins over the years? Then yes. My best coin ever was a MS67 1867-s quarter....owned if from 1986-2004...it's currently PCGS MS67 CAC and finest known by 3 points. I've had my share and done my research, usually long before anyone else had.
Just goes to show how subjective grading really is.
Beauty is in the eyes of the beholder.
There is room in the hobby for all collectors. such as those that collect only bright white coins and others collect colorful coins, and those in the middle.
It's a wonderful day in the naiborhood!
Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211
Comments
And just think...many coins of all types that were once 65's, 66's, and 67's are found graded one point higher today.
Sounds like coins in the upper grades are a sure investment in the years to come when the standard for 69 is less than it is today.
CAC is real tough on MS68 Buffs only grading 5 so far for the series, 4 of them the 1838-d. Big spread/high risk coin if it's not all there.
Final thought. In this age of inflating the actual grade of a coin due to its beautiful color/eye appeal; what happens when color goes out of fashion as it has at least once in my lifetime. What happens to that MS-68 when the spot appears - as a 75% probability it will?
Don't you just hate it when people pull 'facts' out of their....
Anybody spending that money is doing so because they get extreme enjoyment out of viewing and owning the coin. I highly doubt it matters to them if it holds its value
What happens to that MS-68 when the spot appears...?
Aesthetic value of the piece for most collectors would be greatly diminished notwithstanding its rainbow colors.
The dollar value of the piece, to most astute collectors to include the owner, would shrink dramatically,to a small fraction of its original selling price?
Whoever is careless with the truth in small matters cannot be trusted with important matters.
It will be interesting to see how the NGC 68 fares in the FUN auction, or the assessment of someone who has seen them both. The NGC coin has a better strike, but the specimen being discussed here seems flashier and has better color and eye appeal (obv. of NGC coin is speckled).
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Great coin and amazing color and strike , hyper Insane retail number.
My question and assumption is how far is the buyer buried?
Maybe 5 or 6 k hit next time it sells. Crazy price and just a rich mans bobble it would seem.
Can't see it.
Weak rev strike and seems like there are some vertical marks on the cheek and round circular mark in the hair.
Still, great condition with fantastic color sure but great color is not rare on buffalos.
I've always been fond of color and in 40 years I've keep a number of misc dates in a capitol holder that have super great color (ok not as great as that one) but have never sent them in since they're common dates and may only grades 65-66 (maybe a couple 64s).
Never seemed worth the fees and I really like them displayed together. Slabs are distractions to me.
In a way, my aging eyesight keeps me away from those cases that grading seems to be the result of spliting hairs.
That is gorgeous.
I would love to see that buff.
"Inspiration exists, but it has to find you working" Pablo Picasso
Beautiful eye appeal and nice toning, but I agree with others in that this coin does not appear to be well struck... especially for being the end of this particular series and at this grade.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Why is that an insane retail number? Why is that a crazy price? $12,925. It falls well within price guides and auction records especially when you factor in eye appeal. Why would you assume the seller taking a 5 or 6k hit? Based on what? He or she is just as likely to make a profit selling into a bull market. It was bought during a semi weak market.
It's just as likely that the coin went cheap.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Another MS68 for comparison: https://coins.ha.com/itm/buffalo-nickels/nickels/1938-d-5c-ms68-pcgs-cac/a/1139-2043.s?ic4=ListView-ShortDescription-071515 sold for $21,850. There are total of 30 at m68, PCGS 8 and NGC 22
1938's in m68 are rarer than 68's in many other years. You'd think it would be the opposite.
Yes!...wait till they try to sell the coin.
Instead, I'll take an MS65 1927- S for $10K.
Unbelievable - MS 66 good enough for me.
What is truly interesting about this hobby is a coin and an thread such as this...
So much to write but why interrupt the parade. Carry on....
Experience the World through Numismatics...it's more than you can imagine.
Hey, if a spot appears just clean and retone. Ridiculous, but glad some like it.
Well, just Love coins, period.
You're comparing a 1 of 4 CAC'd specimens vs. up to 26 unstickered. That's why the big difference in price. Interesting, the CAC 68 has a few tics and still could be a bit sharper in strike.
I don't understand that last sentence above. The 1938-D's are more common in MS68 than any other year of the Type 2...at least at PCGS. Only one other date has a MS68 assigned....a lone 1937-D. If you want an MS68 Type 2 your choice is pretty much the one date/mm. The fact that NGC has almost 3X as many MS68's for this date suggests the standards between the two TPG's are fairly wide. You therefore can only compare the NGC MS68's among themselves. You can't make a fair comparison to the PCGS MS68's....of any date/mm. If we consider Type 1's, the 1938-D is still slightly more common vs. the 1913 Type 1....and with 3X as many MS67's, there are lots more potential 1938-D's to make the jump to MS68 someday.
What others pay for things has never been a burden to me. Looks like a spectacular coin to my eye. Congrats to the seller and the new owner.
Right on CK
I think the focus on this particular coin is misplaced. Any PCGS 68 38-D will sell in the ~10K range. This conversation could have existed without any mention of a particular coin. Yes, it is a huge jump and I do expect it to come down given how many nice 38-D nickels there are. Of course, in other cases I can see paying up for something like this of it is clearly nicer than the next grade lower (and there aren't hundreds of coins that could one day be graded the same anyway). This particular coin may or may not be in that category. I didn't examine it in hand.
Around 1750 graded at 67 and over 24,000 at 66... Just at PCGS for those of you keeping score.
Experience the World through Numismatics...it's more than you can imagine.
I see your point; I have a friend who has been in an alcoholic rehab for a year and a half who finds that coins help him keep his sanity, and I was just copying and posting his observations that I didn't think through. He is not a member here.
Pardon me, but I'd like to contribute my 1 of 24,000 38-D PCGS 66 coins (and 1 of 332 CAC greenies). I know it is a lesser specimen, but fits my budget.
I really don't begrudge others who want the very best and can pay for it. I guess it's all relative as to what we value.
"Got a flaming heart, can't get my fill"
Just so everyone knows I did not win this lot!!
I happened to see this wonderful coin in hand and knowing how the good people at Angle De`s are and how they handpicked each and every coin that was assembled in that amazing collection and their great eye for solid graded eye appealing coins... That along with the great job Legend did at marketing this sale it is no wonder it brought what it did... Many were one of kind as well as this one!!!! I wish I was the owner! With that said I have my hands full with my main interests in coin collecting and I have stepped up for quality toned coins including the odd buffalo... I try my best to acquire ones that have it all so to speak and for those a person has no choice but to step up... Why would I do such a crazy thing you may ask? Because I love owning and seeing them...
The new owner of that 38-D I bet will enjoy viewing that amazing coin for many years!
AB
What I want to know is how many times was it graded and who did the submitting?
That would be interesting. Imagine if every slabbed coin automatically came with a code listing all of its former TPG submissions....and it was retroactive to 1986. The market would get quite a ripple.
That coin will always be bought close to spot. it can also be sold in 2 minutes! Furthermore, since these are unpopular now and low mintage it is a virtual sure thing that in the future, after we are dead, they will appreciate very nicely for gold and as a collectable.
Spend crazy money on a beautiful toned nickel you want...fine. But try and make a quick profit or a quick no fuss sale. Better keep it from changing in the holder also.
Now, Trade dollar nut, why don't you pull a man...
One who buys coins just to lose lots of money if your prediction of the future market (just as mine above) does not materialize. Hopefully, this will not happen to your partial set of trade dollars when it is time to sell.
It is interesting to note that some posters to this thread seem to feel that in order for a 38-D to be "nice" it has to be an MS68.
I chuckle when I see MS-66 coins being compared to that beauty in the original post. The arbitrary numbers being throw out on how much the buyer will lose in the future are also hilarious.
If you want the finest, you have to pay for it. It is no different in any other area of life. You can live one block off the ocean for WAY LESS money also.
Yep.
During my life I've owned a series of clunkers, as well as Mustangs, Corvettes and Porsches etc etc. They all got me to were I was going and they all offered me different driving experiences. Some decisions to buy them were based on what I could afford at the time. Some were based on what I wanted to pay once writing bigger checks was more comfortable. Regardless they all offered their own level of satisfaction. Coins are no different.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
When talking about "finest" are we talking about best eye appeal, best luster, fewest marks, or best strike? Or all 4 combined? All of them mean something different. CAC didn't sticker this coin suggesting it is lacking "something." If you took all 1825 MS67's, and the 21 MS68's.....cracked them all out, and mixed them up. I'd be very surprised if anyone here could accurately select all 21 MS68's. I don't think anyone here could select all 21 MS68's if only mixed in with the 332 CAC MS66's.
A house on the ocean in Santa Monica IS a house on the ocean and not an opinion. An MS68 graded Buff is merely an opinion...and can change from day to day. That is clearly evident since the first 2 MS68's of this date didn't exist until the mid to later 1990's. The only thing we know for sure, is that it is a superb gem buffalo nickel by any reasonable market standards. How to determine the true value of the coin? Crack it out of the holder and put it up for auction raw at summer ANA or FUN. If the coin is truly deserving of MS68 status, it should get the grade again.
This could be the most foolish thing I have heard here in a long time, and that is an amazing accomplishment.
My apologies for providing inaccurate information as to the 1938-D population... The 67 and 67 plus total is 1825 and the combined 66 and 66 plus is actually over 30,600. I misread the numbers- the 24,000 is for 65.
Experience the World through Numismatics...it's more than you can imagine.
Paying the price is more foolish than Roadrunner's comment IMO. Ridiculous price for an admittedly nice coin regardless of how many others are out there, although I do hope the buyer is happy. As has been pointed out, think of the wonderful coins that could be bought by getting a superb 67 and putting the difference toward them...
Well, just Love coins, period.
It used to be that toning color didn't have anything to do with what MS number a coin would get? I believe that's what the ANA used to say.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
The world used to be flat...
It's just that the color on a coin seems transitory to me. i'm a strike guy putting me out of time,out of place, i guess.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
The world has changed.
Experience the World through Numismatics...it's more than you can imagine.
Still is!
Nah! Whatever works for you.
You seem to know what you are doing
to say the least . The same can be said for those that collect in the high grade color world. Respect
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Isn't it great that we all value different attributes and can collect what we like and don't have to all want the same thing? That part of it is great - what isn't great is talking down what the others like
I agree TDN ....My dad, God rest his soul, was a wise and witty guy and one of his well remembered quotes to me was: "Nothing is too expensive, you just don't have enough money"
Spots below the feathers, 2 horizontal nicks in the hair, that thing on the forehead and "STATES" is mushy. It's an MS 66 coin with 2 bumps for color IMO.
I should be more charitable at Christmas but if this is "the best" I'm not sold.
Shows you don't understand the TPG grading system. Where the only grade that counts is the last one....and invariably, that's the highest one the coin has ever achieved. It was far more ludicrous to compare common date but monster condition US coin(s) to ocean front property....lol. Like I said, if you want to know what a coin is truly worth, crack it out and auction it....or try to sell it raw to the very best dealers/collectors that specialize in that area. If you can't get anyone to bite at a minimum 67+ money....then you don't have an MS68 quality coin, period. The only alternative is to know each and every grade that particular coin has ever achieved at the TPG. That is also a way to properly value it. We're not looking for one offs....but consistency. Nowhere did I say to crack out your MS68 Buffs....only what it would take to properly value the coin on its own merits. If your Buff cannot stand on its own 4 hooves outside the holder.......you have a problem Houston.
I expect more out of coins that to just love looking at them when I spend $thousands per coin. And I suspect TDN does too. Getting back what you put into it (or more) is never a bad thing. You can do both....be mesmerized and try to profit. If losing money on a coin is the typical price of numismatic admission, count me out. TDN sold his incomparable seated dollar set for an offer he just couldn't refuse...which indicates profit trumped being mesmerized. Actions speak louder than words. And he bought the set back at a significant savings to re-establish being mesmerized.
I choose to believe I understand it just fine and will not defend that. Do you have any high end graded coins?
You mean like owning dozens of PF MS66/67/68 Seated and Barber coins over the years? Then yes. My best coin ever was a MS67 1867-s quarter....owned if from 1986-2004...it's currently PCGS MS67 CAC and finest known by 3 points. I've had my share and done my research, usually long before anyone else had.
Just goes to show how subjective grading really is.
Beauty is in the eyes of the beholder.
There is room in the hobby for all collectors. such as those that collect only bright white coins and others collect colorful coins, and those in the middle.
It's a wonderful day in the naiborhood!
I have a gold stickered MS65 38D. PM me if interested.
Bring Benjamins
"Just because you were born on 3rd base doesn't mean you hit a triple"