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Proof 2c pieces- whaddya think of this one?

lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
1872, toned PR64 RB, on eBay

My proof 2c piece Registry set has only a single coin in it (and is the #4 set. But maybe that has something to do with the fact that there are only four sets registered, LOL).

Here is the single piece I own right now, an 1868 PR64 RD. Almost, but not quite, a cameo.

Maybe it's time to add another? Is that toned 1872 worthwhile? I like the colors, but they're a tiny bit mottled for my taste. And they will probably drive the price beyond what I'm willing to pay. Still, I'd like to hear your thoughts. Should I stick with full red coins like the one I have, or should I delve into the nicely colored RB coins (though not necessarily the one linked to?)

On my budget, I'll probably be lucky to add a coin a year to that set.

Collector since 1976. On the CU forums here since 2001.

Comments

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    coinlieutenantcoinlieutenant Posts: 9,329 ✭✭✭✭✭
    lord,

    Would pass on it if I were you. The guy is a crook in my eyes if he charges a 10% restocking fee for returns. If you are looking for a nice proof 2 center talk to WWW on these boards. I think he has one for sale. I cant remember if he said that he was going to keep it or not but I am sure that he could be persuaded. His coin doesnt have a restocking fee and blows the one on ebay out of the water.

    John
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    ajaanajaan Posts: 18,033 ✭✭✭✭✭
    lordM, if I were in your position, I would stick to non-toned coins for uniformity sake.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    Thanks. I was sort of leaning that way, but there are some toned pieces that have caught my eye. (Besides, if I go for an all-red set, it'll be a nice supplement to my Social Security benefits, if I get any. 'Cause I'll be elible by the time I finish a fully-matched, all-red set...)

    Say, Don- what are you doin' on the Lightside? I know it's been dull on the Darkside lately, but I didn't think you came back over here that much these days.

    Coin Lt.- thanks for the tips.

    I'm not totally sure I want to pursue the 2c set, to tell the truth. It might be more fun to just continue with my "freestyle" 19th century proof collection (which consists of a whopping three coins at the moment, both US and world).

    Collector since 1976. On the CU forums here since 2001.

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    ajaanajaan Posts: 18,033 ✭✭✭✭✭
    Rob, I lurk over here every so often. I may have a few questions about a couple of Lincoln Cents from my late uncle's collection, the same uncle you got the Jeffs and Roosies from, so I have to keep my name visible or I may not get a reply. image

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    ANACONDAANACONDA Posts: 4,692 ✭
    "lordM, if I were in your position, I would stick to non-toned coins for uniformity sake"

    I respectfully disagree. While i do indeed like white coins, toned coins are more appealing to many folks than white coins.

    We don't like the same food for every meal, many of us like a variety of TV shows and most us like going to different vacation destinations...

    Anyway, just some food for thought. Different food.

    adrian

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    littlewicherlittlewicher Posts: 1,822 ✭✭
    Beautifully spoke, Mr. Crane.


    For some life lasts a short while, but the memories it holds last forever.
    -Laura Swenson

    In memory of BL, SM, and KG. 16 and forever young, rest in peace.
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    Now I see why Don stays on the Darkside most of the time. image

    Collector since 1976. On the CU forums here since 2001.

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    braddickbraddick Posts: 25,208 ✭✭✭✭✭


    << <i>Now I see why Don stays on the Darkside most of the time. image >>



    Why is that?
    I also believe the advice you received was not sound. But there I go again... offering an opinion (like all else. Here, or "there".)
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    I asked for a critique of a coin, not a critique of other critiques!

    So.. whaddya think...about the coin ?

    Collector since 1976. On the CU forums here since 2001.

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    braddickbraddick Posts: 25,208 ✭✭✭✭✭
    Ok Lordmarcovan. The first post after yours is someone throwing down the Seller as "a crook in my eyes..." and no where does he critique the COIN. Then, he is followed up by your post where you thank him, "Coin LT, thanks for the tips", so please excuse me if I didn't catch you wanted ONLY a critique of the coin.

    Personally I LOVE old copper with lots of luster and color. This one fits perfectly my criteria of "Monster" when these old pre-1900 coppers are discussed.

    I've purchased coins from this Seller and his coins match the photos pretty well.

    -I'd also guess it's going to go for some serious cash as these Two Cent'ers rarely come with neat colors.
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    Yeah, you're right. It was inconsistent of me to thank Coin Lt. for his criticism of that dealer, and then get annoyed when Anaconda criticized one of my best forum friends in a manner I found a bit too harsh.

    Back to the topic of the coin itself, I think the toning will probably command a premium and lift the coin out of the range I'm willing to pay. Particularly as I have a more critical eye when it comes to colors (I like colors, but I hate asymmetrical or mottled toning). I like the colors on that coin, but not the mottling and the one or two small spots on the reverse. The mottling is pretty light, though, and I think the colors more than compensate for that and the specks. It's a pretty coin. I might wait for another with lighter, less mottled colors, but with that same "look". (I might be waiting a long time, too.)

    It was a colorful RB coin that sparked my interest in 2c pieces. When I was too late to purchase that coin, I bought the 1868 I have. It's not a colorfully toned coin, but I like the light cameo on it.

    Collector since 1976. On the CU forums here since 2001.

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    braddickbraddick Posts: 25,208 ✭✭✭✭✭
    Great look. What do you believe will be the ending price?
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    WWWWWW Posts: 2,616 ✭✭✭
    Hey Lord M,
    Check out this beauty. NGC PF65RB with amazing toning. I've played with the idea of selling it
    but I can't stand to part with it just yet. Good luck on your quest.

    image

    I have some more images of it here.

    Properly imaging toned proof copper is very difficult as my images show.

    Bill
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    Dunno, but I wouldn't be surprised to see it fetch a premium over the PCGS trend price and/or Greysheet ask, whatever those may be (haven't looked 'em up).

    WWW, I can see why you would be reluctant to part with that one! Lovely coin, even for one with my prejudices against certain kinds of toning! Yours doesn't look mottled at all!

    Collector since 1976. On the CU forums here since 2001.

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    MrDMrD Posts: 2,589 ✭✭✭

    This reply is concerning the thread on 2¢ pieces. I am the seller and do charge a 10% charge as you can see in my auctions but not for the reasons that you think. I want to keep reasonable bids on my auctions and just use that verbiage to remind people that I am not running approval auctions. I would forgive the 10% restocking fee for anyone that had a legitamate reason for returning the item other than the fact that they just paid too much money for the item.
    Dick
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    Thanks for posting, MrD. I don't usually fret much about return privileges if the coin is certified and there are good pictures attached to an auction. (I realize this may not be the wisest policy, but I haven't gotten burned yet, knock on wood.)

    That looks like an awesome coin, and I think you will do well on it, regardless of whether I bid or not. I have to check my finances and think about it a bit before I make up my mind. Even if I do bid, I don't think I have much chance of winning it.

    Collector since 1976. On the CU forums here since 2001.

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    NicNic Posts: 3,438 ✭✭✭✭✭
    I like the 72 better than the 68. Much better by the pics. K
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    barberloverbarberlover Posts: 2,228 ✭✭
    my first gut reaction when i saw this coin was wishing i could buy it myself, but i think the rainbow crowd will like the colors on this coin even if it's not a rainbow pattern, its a very unusual and pretty toning for a 2 cent piece and with the bid at just over 600 now i imagine there is going to be a last minute snipe fest on this truely beautifull coin. Les
    The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
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    mdwoodsmdwoods Posts: 5,560 ✭✭✭
    LM, in my opinion the coin is gorgeous. I've never seen a 2 center toned liked that, although I haven't seen a ton of them. As for the price, this one will sell by eye appeal, not rarity or grade. The winning bidder will decide what it is worth. mdwoods
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭


    << <i>I like the 72 better than the 68. Much better by the pics. K >>



    Nic, that might be because I did the pics of the 1868 on my flatbed scanner, which does not show the depth of mirrors on proof coins. Then again, it might also be because my 1868 is untoned, and MrD's 1872 is colorfully toned. If you like color, the 1872 is definitely the coin for you. If you like contrast or red, mine is probably better.

    Collector since 1976. On the CU forums here since 2001.

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    NicNic Posts: 3,438 ✭✭✭✭✭
    The coin will look darker in person I'd guess. K
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    ANACONDAANACONDA Posts: 4,692 ✭
    ...to answer your question, the two center you are interested in is gorgeous, in my opinion.

    By the way, greattoning uses a great deal of light when taking his photos and you have to interpret them.

    His return privilege of 10% probably keeps some people from going wild with the bidding but hey, it's a free country, which of
    course sometimes leads to people doing what they want to do instead of what they're asked to do, like critiquing (sp?) things
    other than what they are asked to critique. While John may think he's a crook, at least he told you why and you can draw your own conclusions.

    Anyway, WWW does have a pretty cool two center, however, he may not let loose of it.

    adrian
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    ANACONDAANACONDA Posts: 4,692 ✭
    Mr.D.:

    Why don't you stay a while and post some more?

    adrian
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    I reckon so. I just thought your ridicule of Don was a bit barbed. He's a good friend and I felt dutybound to defend him. But Braddick was right to point out the inconsistency in my response to that barb, versus my response (or lack thereof) to Coin Lt.'s criticism of MrD, who I don't know.

    BTW, I thought the


    << <i>...i would presume that some would also recommend eating the same thing for every meal, and watching only the same episode
    of M*A*S*H, and going on vacation to the same spot, year after wearisome year...."for uniformity sake"... >>


    comment was pretty good- I guess you should have just left it at that. image


    As to the coin in question, I like it. But I'm not sure I'll bid on it, for a variety of reasons, none of which have anything to do with the 10% restock fee or the seller. More likely, it's the matter of my bank and credit card balance... image

    (...man, my typoing stinks tonight!)

    Collector since 1976. On the CU forums here since 2001.

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    ANACONDAANACONDA Posts: 4,692 ✭
    I agree, I was a little too harsh especially to a visitor and a person i don't know. I edited my post.

    adrian
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    'Nuff said, then.

    Throw this into the bargain, and you'll not only have complete forgiveness, but you'll be giving me a proper appreciation of colorful coins... image

    Collector since 1976. On the CU forums here since 2001.

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    MercMerc Posts: 1,649 ✭✭
    The coin is nice. The same seller had a PF65 RB 2 cent last week. It had great colors and was awesome. That one went for $1050.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub
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    lordmarcovanlordmarcovan Posts: 45,407 ✭✭✭✭✭
    I'll have to keep my eyes open. I'm less interested in numerical grade than I am eye appeal. I don't need a 65-66. A 63-64 is fine by me.

    Collector since 1976. On the CU forums here since 2001.

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    ursabearursabear Posts: 1,888 ✭
    LM,

    To answer your question, I like it. I don't have any 2c pieces, and I find them fascinating. Considering the mintages of those items, the prices seem low, in relative terms.
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    coinlieutenantcoinlieutenant Posts: 9,329 ✭✭✭✭✭
    MR.d,

    I must apologize for my post as I dont know you personally. Hopefully the PM that I sent you explains some and qualifies my statement some.

    I would highly recommend, however, that you change your policy on the 10% return priv. I say this not to benefit myself in anyway at all. I say it to benefit your profit margin on what seems to be above average to excellent coins. Like I said in the PM, perception is everything and the perception that comes from a 10% restocking fee is:

    1. The coin isnt as nice as the pictures make it show, better bid low.

    2. He is trying to stick me with the coin, better bid low and be safe

    3. He doesnt know how this business works in regards to returns so he must be a novice

    4. If he is a novice then the coin is probably low end for the grade, better bid low

    That is what goes thru my head when I see a restocking fee like that. Give your bidders a chance, I think that they will pleasantly surprise you.

    Vr.,
    John
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    braddickbraddick Posts: 25,208 ✭✭✭✭✭
    "...Better bid low..." Yet his coins sell for record prices and his feedback is 100%. I'm not sure who the Collector is who is bidding low, but he's loosing out on some terrific coins by doing so.
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    coinlieutenantcoinlieutenant Posts: 9,329 ✭✭✭✭✭
    Braddick,

    You're missing the point. If they are selling for record prices, great. My point is that they would probably sell for bigger prices if there was not a 10% restocking. That is all. I know that I would bid on some of his coins if there was no 10% fee and everyone here on the board will tell you that I will pay excellent money for a beautiful coin. But my bid will NEVER be placed on any of his coins until his restocking fee changes.

    I will not pay 200 dollars to look at a coin that I think is worth 2000, or even crazier 1000 dollars to view a 10000 coin!! Especially a coin that I only have a picture or scan to go by. You ever seen a doctored coin in a PCGS holder? Ever see an AT coin in an NGC holder?

    Well, they exist and I dont want to pay 10% to return a coin that I am not happy with due to those reasons or overgrading etc.

    Dealers send me and many other people on this board five figures of coins ON APPROVAL. Mr. D doenst even have to do that. All he has to do is wait for payment and send the coin. If the person sends it back he can get his final value fee back from ebay and all he is out is a listing fee.

    Have you ever tried to sell a coin to a dealer with just a scan or over the phone? You know what kind of prices they will quote you without seeing the coin? Probably something very close to bluesheet and certainly not more that greysheet. They will offer a lot more for a beautiful coin if they can look at it first. Otherwise you are just losing money. The above restocking fee principle is the same premise. I just think mr. d could make more money by offering better terms. That is all.

    And to new collectors, or collectors getting into higher priced items, pls know that these kind of fees ARE NOT the norm and you should NOT have to keep a coin you dont like because of a 10% restocking fee!!

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