This interesting looking coin lost 20% of its value in 6 months (10/16-4/17) - gtg if you want
KollectorKing
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KollectorKing
Posts: 4,820 ✭✭✭✭✭
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If that was mine I would consider conservation.
I'll just take a wild ass guess and say MS 63 but I concede, I know nothing about them.
Don't think that black toning around the date would come free with conservation.
I'd for sure leave it alone. I don't know, 62 or 63? Hard to see what's under the toning. Hammered strike.
Could be an MS-65. But it would have to be rotated under the light to see the cheek luster. If that is impaired, then AU-58.
The toning is not my preference. I wouldn't mind an AU with that toning so much, but a high-priced MS-65 with that toning I would pass on, unless it is bargain priced.
Looks like it is mint state and waaaaaaaaaay overexposed.
In honor of the memory of Cpl. Michael E. Thompson
63
Nice, I'd leave it alone !!!
64 and not attractive.... could be a nice coin with conservation... Cheers, RickO
Yes, I'd definitely mess with original surfaces. Nothing I hate worse than originality
All comments reflect the opinion of the author, even when irrefutably accurate.
Matter of opinion. I would rather have an attractive eye appealing coin
than a fugly looking original.
10/16 it realized $6463
4/17 $5170
pop. 4
IMHO, not a coin for conservation NO MATTER what it graded.
I think that you meant 4/17 not 16 but anyway, its all about supply and demand at the particular time the coin is traded. Even though a coin trades for $1300 less several months later, it might have been caused by a lot of different factors but supply and demand is the reason. Maybe there are several really nicer coins available or a potential buys doesn't have the funds. But any collector trading coins with such frequency is probably going to lose $. Sorry to say - same as day traders in stocks.
For the record, the same coin sold for $5280 in 11/17, 7 months later.
Darker than I'd like.
So we have:
Lovely original color...incredible half. Very nice!
Dave
So it made 2% in seven months. Not terrible but for the bank depositor type but why but the coin to flip it in such short period? I prefer to locate coins that don't have this price history so potential buyers can't determine when nor how much I bought the coin for. When purchasing Barber Halves in a soft market and the ones being bought have a history, you are more likely to realize a loss if sold in the near term, unless you are a dealer or just lucky. I am not lucky so I hold and enjoy my coins.
We don't know how many times the coin changed hands between 10/16 & 11/17, so return % cannot be determined. Only the coin's + or - can be determined.
I never look at what happened in the past (well...sometimes) as far as my collection is concerned.
I just do what I like and will continue to do so until the day I die, isn't that the major part of the hobby?
I agree but based on the facts given, a return ca be computed. That's all I am saying.