How much is a PCGS MS67 1885 Liberty Nickel worth?
dbldie55
Posts: 7,742 ✭✭✭✭✭
In the upcoming Heritage auction, the Carnton collection is being sold. This set has numerous high grade examples, many in OGH. The highlight is the MS67 1885. PCGS has graded three of these, and the other two are in private hands (the same person owns both).
The PCGS price guide has this at $170,000. The only auction listing is for the Friend Collection in 2006, where an example sold for $74,750.
The guide lists a MS66 at $9,250 and MS66+ at $25,000. They did recently lower the value on the MS65 grade (I do not know if these higher grades have also been adjusted recently). This is a large jump from 66+ to 67 (although, I am sure it is not the largest)
There is a MS66+ in the same sale (along with another in the FUN sale).
So....what do you think this will go for? At the present time, it is the only one available. Is the guide out of line, way out of line or about right?
What about the 66+?
Comments
I'll guess it will sell for 80k
I'll guess it will hammer at over six figures.
ANA LM
USAF Retired — 34 years of active military service! 🇺🇸
More than I have
I'm going for the under at 100k.
Well, just Love coins, period.
These coins have lost a large % of their value in the last four years. Part of it is because many new coins were made. It used to be impossible to make a 7, and of the few I saw, they imo were all overgraded.
Yes, many high grade Liberty Nickels are up for auction at the next Heritage Signature Sale. My gut tells me to stay away from this series for awhile. People who bought so called key and better date coins in MS 66 three years ago or earlier are underwater on them in a major way.
This image has unattractive copper toning and carbon flecks. No thanks.
"Seu cabra da peste,
"Sou Mangueira......."
A very greedy seller had slammed one on someone for some astronomical six figure amount a few years ago. I hope this poor guy isn't the owner. can't see it breaking $100,000.00 all in unless there are 2 people who have lots of money and need it.
is there any collecting MS Lib 5C at that level?
< 100k, even with 2 in the room.
We will only know when the hammer falls.
There might be some high profile business executives with lots of money in the room.
Collector, occasional seller
Unless the pieces upgrade... I think many of yesteryear's MS66s are today's 66+ or 67.
Well, it sold for $43,200. Much lower than the Friend example 11 years ago. Already listed in the D.L. Hansen set.
The current #2 set is going to be auctioned at FUN. Wonder how that set will do?
Sounds like a bargain to me.
$170,000 price guide?
$36,000 hammer?
($43,200 w/BP)
A giveaway to Hansen?
Or, (and?)
there are no longer any “market-makers” in classic coins?
Even more bizarre (?) ....
A 1968-S top grade proof Kennedy Half Dollar sells for TRIPLE the $7,000 Price Guide Price in the same auction that a PCGS-MS67 1885 Liberty Nickel sells for 25 cents on the dollar including the buyers premium. Anyone want to take a shot at making heads or tails out of this information?!!
Wondercoin.
It takes 2 to tango comes to mind.
The MS66+ sold for $12,000 (and the guide had it at $25,00). I will need to watch for changes in the price guide.
(all of these are in another world for me, so just fun to watch from the outside)
This is an esoteric, rarely traded coin which has a thin market. Its price is determined by how many people are interested in the coin. Doubt many are building a set of them in PF 7. With the huge drop in value of this series in the last few years (see my post of a month ago on this), most of the potential buyers for this coin have "left the building."
Several years ago, I decided that anyone who would pay strong money for any coin in this series is going to be sorry, and have been avoiding it, even though I had putting a set of business strike Liberty Nickels in MS 66 for a number of years before that.
"Seu cabra da peste,
"Sou Mangueira......."
$43,200 huh?
Wow, was I off..... Not a good time to sell your Liberty nickels I guess.
ANA LM
USAF Retired — 34 years of active military service! 🇺🇸
Not a good time at all, it would appear. But if money were no object, I'd enjoy building a set and keeping it (while of course trying not to overpay, given the current market, where a "relative" bargain should be expected.) Obviously, they're out of favor, and more have been made in high grade.
Since money IS an object, I'll have to be content not owning any.
Wow, that is really LOW!
Someone got a good deal on this nice example imho.
I thought it would sell for closer to six figures.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Hey I took the Under, what do I win?
Well, just Love coins, period.