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How do you value this overdate buffalo nickel graded as fine details?
BUFFNIXX
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Collector of Buffalo Nickels and other 20th century United States Coinage
a.k.a "The BUFFINATOR"
a.k.a "The BUFFINATOR"
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No more than a Good04. Maybe not even that.
It's unfortunate the damage affects the date itself. Cool variety, but a hole filler at best.
Strong F15 details.
Shame about the circular scratch through the date area.
If I were selling it I'd be between G+ and VG money.
Don't know if I'd get it but that's where I would be.
Unfortunate damage, net grade (for that small subset of collectors who would actually consider buying it-- almost all will simply pass) is likely better than an acid treated or Fair2 coin, but less than a problem-free Good. So maybe AG3? A coin like this works best in certain album/raw sets, but it's probably a thin market. There are about 80 1918/7D nickels on ebay right now, half of which are below Fine.
Liberty: Parent of Science & Industry
Very unfortunate. And right through the date. Good04 at best.
Wow... too bad about the damage. I am sure there is a limited market that will want it as a hole filler. Cheers. RickO
$660.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Net Fair 2. The damage through the date kills its appeal.
As a variety collector and buffalo collector I would give it a hard pass. I do have details coins in my collection ,but nothing that damaged in a key location on the coin. I agree with Ron G 4 at best, and no eye appeal .
"That's why I wander and follow La Vie Dansante"
This coin breaks my Buffalo Heart! The coin has nice details for a lower grade specimen. Probably should have been a VG-10 without the damage, maybe even F-12.
Gotta be around G-6 or so now.
Pete
I think his grade is a bit tough but agree that it is heart breaking seeing bad things happen to good coins. I would way rather have that then a slick acid treated example. So 50% more than the avg realized of those would be my guess. It would look great in a Dansco
11.5$ Southern Dollars, The little “Big Easy” set
Actually, you are correct. Relegate it to a Dansco, fill the hole, and admire how it fits in.
Pete
That one really is a heartbreaker.
I agree in that it is preferable to an acid date but especially tough given the scratch running through the date.
It’s worth whatever someone is willing to pay for it and good for many Dansco sets for sure.
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
I would only give the value of a Good-4. It's hard to think of a worse place for a scratch on that coin.
Read through all the comments. This is the kind of coin someone can make big money on if they manage to buy it cheaply. As usual, there are far too many collectors willing to be forgiving because it is a "rare" and popular variety.
It is rare - at least by most people’s standards. And while it doesn’t appeal to me in the least, I can understand why some collectors will be “forgiving” of it. Does such forgiveness bother you?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
"Far Too Many"? For who?
The market is what the market is.
I'm not a buyer for this specific coin either, but actually I do give "advanced collector" credit to numismatists who can appreciate a rare coin that has more details than a "problem-free" slick poor to AG coin. Evaluating the net effect of damage is a necessary part of coin dealing. Any simple collector can say easy things like "cleaned, pass" or "don't buy problem coins" and they think they sound wise. But the broader reality is that everything has a market value. The wisdom is not paying too much, and understanding the difference in liquidity.
You said Fair, I said AG, neither of us is going to buy the coin at those prices, The buyer will likely value it higher than anyone so far here has. We are thinking what we'd pay in order to make a worthwhile profit upon eventual resale to a collector who'd rather have this in his set than a Good or lower example.
Liberty: Parent of Science & Industry
I would disagree with "far too many". As it's a personal preference, I think the number of collectors willing to be forgiving is exactly correct.
So, to determine what it’s worth?
Start it at 99 cents and let it run at auction and we’ll find out! ;-)
Post a link if you do as it would be a fun one to follow- and very educational.
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
I think it's worth around double the VG details acid date I sold for $365(consignment). That is a solid F15 details wise with a very strong date and clear overdate!
I, too would rather have it than an acid date for sure. I do not like acid date Buffs. Not even a 16/16.
Not as offensive as other types of problems. Clear overdate with lots of details. I'd assess it at $600. - $700.
$537.12
Most collectors collect buffs in g-vf condition. They may have even got some in change at one time or another. A lot of these collectors get down to the last coin, and it is a 1918/7-D. It may not meet the grade or be the prettiest thing around, but it fills a need. The need to complete the album and a feeling of accomplishment. The knowledge that you have completed something of value to you. Who cares what anyone else thinks, I have done it!! Even a beater-upper 1918/17-D holds its value.
Here is another overdate that is being offered online for all of $1599 but does come with a make an offer option
what would you offer for a coin like this
a.k.a "The BUFFINATOR"
reverse of the overdate pictured right above follows
a.k.a "The BUFFINATOR"
I agree with the Fine grade especially when I compare it to my PCSG F12. As fas a price, I think a dealer would price it at 1/2 PCGS price guide, or $1050 and it most likely would take a long time to sell at that price. Price guide for VG is $1100 and I think most would take the VG over this one. If priced at $500-$600 it would sell pretty quickly.
Silverman68, jfoot13, GAB, ricman, Smittys, scrapman1077, RyGuy, Connecticoin, Meltdown, VikingDude, Peaceman, Patches and more.
Perhaps about as much as the scratched one.
At that price, they are going to own that one for a while, unless they find "a fish" with more money than brains.