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This 1838 Classic Head is going for strong money - is BillJones bidding??

LakesammmanLakesammman Posts: 17,708 ✭✭✭✭✭
edited July 12, 2017 7:18AM in U.S. Coin Forum

Bill often notes that coins he's bidding on go for (too) strong money.

Is this one of them?? :D

http://www.greatcollections.com/Coin/473827/1838-Classic-Gold-Half-Eagle-PCGS-MS-61-CAC-OGH

Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.

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    ashelandasheland Posts: 24,544 ✭✭✭✭✭

    That's a nice one!

    My YouTube Channel

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    BillJonesBillJones Posts: 36,020 ✭✭✭✭✭
    edited July 12, 2017 9:07AM

    No, I have that one in NGC AU-58, CAC, so I am out. Thank goodness I'm not bidding on it.

    But if it were half that size, I would be bidding. B)

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    musstangrmusstangr Posts: 61 ✭✭✭
    edited July 12, 2017 10:24AM

    So much for gold coin prices going lower, lol.

    Nice coin I wouldn't mind having though!

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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭

    Looks like 62 quality to me....with the overall look and eye appeal of even a 63. There's a good reason it will bring strong money.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    stevebensteveben Posts: 4,667 ✭✭✭✭✭

    wonderful strike

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    stevebensteveben Posts: 4,667 ✭✭✭✭✭

    some one really wants it! check out this comp...pretty darn nice too

    http://www.greatcollections.com/Coin/171813/1838-Classic-Gold-Half-Eagle-PCGS-MS-61-CAC

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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭

    Those are two really nice coins.

    Collector of Large Cents, US Type, and modern pocket change.
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    LakesammmanLakesammman Posts: 17,708 ✭✭✭✭✭

    I'm thinking that if it was 62-63 in hand, CAC would have recognized that??

    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
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    BillJonesBillJones Posts: 36,020 ✭✭✭✭✭
    edited July 12, 2017 1:01PM

    Better than MS-61?

    I don't think that it's any better than this one so far as the grade goes, and this one is an MS-61.


    This is also graded MS-61.


    Here is Stacks' take on the coin shown above.


    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭

    I like the GC coins a lot better than these other 61's. It has cleaner fields with a striking Cameo effect. The ogh + CAC doesn't hurt. CAC doesn't always put gold beans on coins that have solid upgrade potential. There are numerous instances of CAC green coins being upgraded and getting stickered again.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    LakesammmanLakesammman Posts: 17,708 ✭✭✭✭✭

    I'm guessing it's one of those coins that Ian took to a show or 2 and that there are some sight seen bidders.

    The rest of us are evaluating it sight unseen.

    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
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    skier07skier07 Posts: 4,853 ✭✭✭✭✭

    Aside from buyer perhaps liking the coin, he/she otherwise would benefit from purchase if coin were to regrade as 63. There's a narrow spread between 61 and 62 and then there's a big price increase at 63.

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    rickoricko Posts: 98,721 ✭✭✭✭✭

    Some nice gold coins here... I do see more differences in strike quality than preservation differences. Cheers, RickO

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    BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭
    edited July 13, 2017 5:13AM

    I've always regretted passing on a conservatively graded MS 65 even for the late 80's for 10K. at a Boston show. Recall a hammered strike and none graded higher at the time.
    10K at the time was All-In.

    My best 38 in a Gold PCGS Au 55 holder

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    BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭

    Always remembering the MS 65 that I passed on it seemed that 1838 tended to be well struck. Of course those that I saw were just a small sample.

    Talk about hammered strike is my 1834

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