Can anybody give me approx. value of a 1938-D cent graded MS70 Red by SGS?
Best Answers
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If it crosses to PCGS at that same grade,,,,,,,,, I'd take a guess at $50,000.
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com7 -
SGS was notorious for overgrading coins. Chances are, your coin has been over graded and worth much less than you anticipated.
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The lack of liquidity for the slab is a major reason why I suggested the approximately 25-cents range. Perhaps it is a nice, original, un-dipped coin in MS64 or MS65, but even in a PCGS holder and labeled red (RD) they are only $10.
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Answers
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I'm sorry if this comes off as arrogant or demeaning or whatever else, but a good approximation is about 25-cents unless one sees the coin in-hand.
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10c
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@arty62 said:
Coin is sharp and brilliant.
Your pic does not show “sharp and brilliant.” Needs to be evaluated in-hand
Here are some auction results with our host and ATS:
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They're saying that "Graded MS70 Red by SGS" doesn't indicate anything about the Quality or value of the coin. Show large, clear pictures! It might very well be a decent MS65 or 66, but there is no way to tell, so far.
Liberty: Parent of Science & Industry
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In all fairness, I never see anything in an SGS.slab less than MS70.
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Slab adds no value, and theres 0% chance its MS70, lol. It's a raw coin to the market.
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I agree with 10 cents.
Smitten with DBLCs.
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SGS MS70 is the name of their company, they all say that
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SGS is/was a junk slabber. Their grades are totally irrelevant.
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@cameonut2011 said:
10cOh come on guys. A raw 38-D that’s 65RD quality is a $5 coin at least. This one could be in that range although the lack of detail on the 8 is strange.
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Its a $5.00 coin after you spend 18-20 bucks to holder it ngc or pcgs.
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that could be a Chinese counterfeit .. see their spelling under SGS MS64 ... Star Grasing
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@david3142 said:
@cameonut2011 said:
10cOh come on guys. A raw 38-D that’s 65RD quality is a $5 coin at least. This one could be in that range although the lack of detail on the 8 is strange.
This one is raw.
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Wow! That is funny. Upside down SGS, Star Grasing service, bar code and SN do not match, wrong bar code size... not to mention the gras (grade)
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If a slab like that were offered to me at a show, I'd pay a buck or two for it and then most likely donate it to one of the local coin clubs to be given out as a prize or as a youth item.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
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