Is this coin worth resubmitting for a RB designation??
Lakesammman
Posts: 17,553 ✭✭✭✭✭
Currently MS65BR - looks more red to me than a current 65RB on coin facts. $4K price difference.
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Comments
Looks BR to me, but I see the coin you’re referring to. Someone got a gift IMO, but the photo may be misleading.
I'd say bn as well. Nice coin 🪙
@Lakesammman
Personally for that much of a bump i would give it a try, nothing t lose really.
Reconsideration only of course
My gut reaction was no it won't get it but for a $4k bump may as well try.
Brown
I think it has a very low chance of getting upgraded from BN to RB. More importantly how many would be willing to pay RB money for it.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I think chances at RB are very slim, as well. However, as you must know, many buyers are very heavily influenced by the grade (and if applicable, the designation) on the grading level.
For example, I’ve seen many obviously RB copper coins which are labeled RD, bring much closer to RD than RB prices, due to the label. The same holds true for obviously BN pieces labeled RB.
And my guess is that even if the actual price difference between BN and RB is $3,000 or even $2000, instead of $4000, a successful regrade would still be most satisfactory.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Is the converse true as well? Do many RB pieces that are RD or almost RD bring much higher prices?
Agree with you that for many coins that are more in the widget category many buyers are often influenced by the label. And perhaps I'm giving more credit than is due here, but I would think that buyers for an item like this would tend to be more advanced collectors. Who would be more inclined to not be as swayed by the label and pay more attention to the coin and its attributes. Because this coin is already close to the RB/BN cutoff (for lack of a better term), I could see it selling for a premium price in the BN holder and thus reduce the book premium for a RB designation. But as I said I may be giving potential buyers more credit than I should.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I see very few copper coins designated RB that look RD - particularly in comparison to RD ones that look RB and RB ones that look BN. The primary reason for this disparity is that even if each assigned color designation is accurate at the time the coins are encapsulated, the color of copper coins can mellow or turn sometime afterwards.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Your thinking sounds logical. But I’ve seen a rather large quantity of copper coins designated RD which were obviously RB yet, sold for much closer to RD than RB prices.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I have as well, but attribute that to registry points. I've never looked so perhaps there are registry sets for the Hawaii coins and that could be a bigger influence than I'm thinking.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Appreciate the comments.
Would you prefer a 65BN/CAC over a 65RB no-CAC??
Unless you plan to give one or the other away, isn’t your question really “Which one would be worth more?”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Certainly!
But it's more than that - I have a nice Hawaii set, all green CAC, and don't want to break that up. I REALLY like this penny. What it's worth currently is irrelevant - planning on keeping this set together long term.
Was that for the giveaway or for your question?
I think a non-CAC RB would tend to sell for more than a CAC BN. But that it would depend upon how the quality and color of each compared.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Brown
I would much prefer a BN coin with lots of red than a RB coin that’s mostly BN. Same goes for high end RB copper that is mostly RD. This is a high end BN in my opinion.
If it’s me, I resubmit for consideration of a +.
Here is one I own that was graded RB that was reconsidered into a RD holder.
Nice! I cherrypicked one of those reverse clashes years ago in a MS65R OGH. Yours looks red to me.
I agree with Cougar, go for it!
What have you got to lose other than a bit of time?
One heck of a cool clash!
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!
This is why we need expansion :
RD, RRB, RB, BRB, BN
RED, Redredbrown, redbrown, brownredbrown, brown
also add a designation some how for fantastic color with purples blues, etc that get tossed in bn, but are clearly superior to BN examples.
Nice coin! Sorry man they won't do it. To much brown..
The coin in the OP looks brown.
I’d prefer a CAC brown.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
It looks brown to me, with just a hint of red. I would leave it as is.
It's brown. The only time I have seen the grading "go soft" on giving out an R&B designaiton was on a scarce U.S. copper coin from the 18th century. I saw it on a photo in "CoinFacts." The only thing I could think was that they figured they needed to have an R&B from somewhere because it was the only one graded R&B. I did not agree with the grade.