Latvia 5 Lati toned -is this about as good as it gets in terms of color?

U1chicago · September 5, 2023 10:24AM

I recently picked up this PCGS MS 63 1931 Latvian 5 Lati after searching for a while. These just don’t seem to show up nicely toned too often. Has anyone seen one with better color before or own one that they want to share?

TwoKopeiki · September 5, 2023 10:53AM

Nice example. Not too many of these 5 Lati with decent toning. I guessing it's probably due to the mint packaging that over time imparted speckled / splotchy yellowish toning that most people certifying these usually dip off.

bidask · September 5, 2023 2:22PM

I have never seen a MS 65 whether toned or not !

U1chicago · September 6, 2023 7:42PM

@bidask said:
I have never seen a MS 65 whether toned or not !

Here are two that sold on Heritage in 2018:

https://coins.ha.com/itm/latvia/world-coins/latvia-republic-5-lati-1931-ms65-pcgs-/a/3067-34637.s?ic4=ListView-ShortDescription-071515
https://coins.ha.com/itm/latvia/world-coins/latvia-republic-5-lati-1931-ms65-pcgs-/a/3064-33404.s?ic4=ListView-ShortDescription-071515

RSP · September 7, 2023 5:30PM

Let's put it this way. I would not sell this coin until I got a better one. It could be quite a while.

ELuis · September 8, 2023 10:52AM

@U1chicago said:
I recently picked up this PCGS MS 63 1931 Latvian 5 Lati after searching for a while. These just don’t seem to show up nicely toned too often. Has anyone seen one with better color before or own one that they want to share?

Nice one!

This is a coin on my list, I have a 1932 raw Unc, may I ask and if possible, in what price range are currently a MS63 and if varies between one graded at NGC versus PCGS. Thanks.

U1chicago · September 8, 2023 11:18AM

@ELuis said:

@U1chicago said:
I recently picked up this PCGS MS 63 1931 Latvian 5 Lati after searching for a while. These just don’t seem to show up nicely toned too often. Has anyone seen one with better color before or own one that they want to share?

Nice one!

This is a coin on my list, I have a 1932 raw Unc, may I ask and if possible, in what price range are currently a MS63 and if varies between one graded at NGC versus PCGS. Thanks.

Thanks!
The range is about $125 to $200 for MS 63 examples (with only a few sales recently). It does not seem to make much of a difference if it’s slabbed by NGC or PCGS at this grade.

ELuis · September 8, 2023 11:33AM

@U1chicago said:
Thanks!
The range is about $125 to $200 for MS 63 examples (with only a few sales recently). It does not seem to make much of a difference if it’s slabbed by NGC or PCGS at this grade.

Great - Thanks!.

That price will be for the 1931 no? guess that the 1932 with low mintage at $300 range for a MS63 won't be bad.

U1chicago · September 8, 2023 4:01PM

@ELuis said:

@U1chicago said:
Thanks!
The range is about $125 to $200 for MS 63 examples (with only a few sales recently). It does not seem to make much of a difference if it’s slabbed by NGC or PCGS at this grade.

Great - Thanks!.

That price will be for the 1931 no? guess that the 1932 with low mintage at $300 range for a MS63 won't be bad.

It does not seem like the 1932 has much of a premium to a 1931. The only recent sale was an NGC MS 63 for $181.49. So I would say $300 would be too much unless it has nice toning.

ELuis · September 8, 2023 4:28PM

@U1chicago said:
It does not seem like the 1932 has much of a premium to a 1931. The only recent sale was an NGC MS 63 for $181.49. So I would say $300 would be too much unless it has nice toning.

Thank you for the info, that price it is better.

Here is an image capture of the coin it is on a PCGS slab:

ELuis · September 8, 2023 4:32PM

@U1chicago said:
It does not seem like the 1932 has much of a premium to a 1931. The only recent sale was an NGC MS 63 for $181.49.

i will try one of these days to bid for a coin at least for a first time in my life

Latvia 5 Lati toned -is this about as good as it gets in terms of color?

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