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1898 Liberty 5c PCGS 65 -- $6000
messydesk
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This was an auction on a Facebook group some of you might know about. Part was the Gen 1 holder, part was the fact that from the pictures provided, the coin looks flawless. Seller bought it in an estate sale not realizing exactly what he had. I have no reason to believe there's not a gold bean in its future. Regrade would only pay off at 67, but I imagine it'll stay in this holder.
John
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
7
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That coin is flawless
I do NOT think it's flawless.
I see a ding in the neck & a ding in the "V".
Chris
looks like a great coin
I hope the buyer likes it. For $6k, I sure would not.
High stakes gambling. At $6000 ... probably a losing bet.
Flawless and superb gem luster are two separate things. Also not a very high res photo
11.5$ Southern Dollars, The little “Big Easy” set
Seller must have been singing "My cellphone sideways angle rattler shots bring all the dumb boys to the yard"
Flawless probably wasnt the best word, but I just got finished breaking down a V nickel set, and the coins in it were nothing compared to this one, and yet many graded 65, this coin looks way nicer
That looks like a hefty ding in the Neck. The mark on the V on the reverse could be the holder. If that ding in the neck is as substantial as I think it is I think the coin is maxed out at 65.
You can't tell anything from those pics as back in the "Point & Shoot" freehand photo days you could sneak up on a coin at an angle and make it look a few points higher.
You can't do that if you slap that puppy under a DSLR strapped to a Copy Stand.
That's a low res shot in diffused light. The coin looks great in the photo, but while it could look similarly great in hand, I'll put odds on it that it doesn't. If I'm going to take a gamble like that from crappy pictures, it's going to be something I can confirm, like a missed attribution of some kind. Guessing it's an uber-gem? Nope.
I wonder what it would have gotten without the white label?
looks nicer than 65. congrats
A 66+ is a $1500 coin. The price guide, without any real auction data/comps, is $14k in 67. The coin would need to be a 67 to break even. $6500 is probably what a 67 (with no sticker) would fetch at auction.
bad bet
I love the coin and it's pristine surfaces but not a good move, at that price point. Unless, you simply don't care about any money lost and just want to own the coin (and slab).
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Neither the coin nor the holder justifies such a ludicrous price. Cheers, RickO
that mark on the v looks like a sore thumb to me, what ever makes you happy
Does anyone collect Barber Nickels let alone by die variety? My guess would be the holder and hope.
11.5$ Southern Dollars, The little “Big Easy” set
I wasn't trying to imply that was the case here--just a general comment that in a similar situation of photos like this, that's what I'd need to (possibly) convince me to buy.
This type of photography was used by many unscrupulous sellers back in the day on eBay. Tilting the coin into the light washes out all the imperfections and makes the coin look better than it does in hand. It does look nice, but hard to tell how nice based on those photos.
-Paul
Could be several things
My guess is the coin is really nice. And if there are indeed no auction records for a 67, even with a CU price of $14,000, there is a lot of upside for that piece
Second. Maybe somebody is collecting by type in old first gen holders (108 serial numbers).
I see many avenues for this piece.
Just remember, there are plenty of people, other collectors too, who might look at a coin of yours, and what you paid, asking themselves “what was this guy thinking”
I know a few who do.